GivBux Reports Revenue Growth but Increased Net Loss in Latest 10-Q Filing

GivBux, Inc. reported significant financial developments in its latest 10-Q filing for the quarter ending June 30, 2025. The company generated revenues of $55,803 for the three months ended June 30, 2025, a substantial increase from $25,030 in the same period last year. For the six months ending June 30, 2025, revenues reached $121,826, compared to $72,399 in the prior year. However, the gross profit for the second quarter was $16,369, down from $25,030 in the previous year, reflecting increased costs associated with higher transactional revenue.

Operating expenses for the second quarter of 2025 were reported at $553,950, a significant decrease from $2,600,178 in the same quarter of 2024. This reduction was primarily attributed to a one-time marketing charge of $2,274,000 incurred in the previous year. Despite the decrease in operating expenses, GivBux recorded a net loss of $6,104,831 for the quarter, compared to a loss of $2,664,795 in the same period last year. The increase in net loss was largely due to a change in the fair value of derivative liabilities, which amounted to $5,320,673.

In terms of strategic developments, GivBux has been actively recruiting sales leaders to enhance its sales through transactional revenue and new associate recruitment. The company is also in the process of beta testing its services. Additionally, GivBux announced a special dividend in the form of warrants, allowing shareholders to purchase one common share at $4 for every ten shares owned as of May 31, 2025. This dividend is valued at approximately $23,147,870.

Operationally, GivBux has seen fluctuations in its financial metrics. The company reported an accumulated deficit of $36,732,878 as of June 30, 2025, and its current liabilities exceeded current assets by $8,961,571. The company’s employee headcount has increased as it continues to expand its operations. GivBux is also exploring geographic expansion and product adoption rates, although specific metrics were not disclosed in the filing.

Looking ahead, GivBux management intends to raise additional operating funds through equity and/or debt offerings to support its working capital requirements. However, there is no assurance that the company will be successful in securing the necessary financing. The filing indicates a substantial doubt about the company's ability to continue as a going concern if it cannot achieve adequate revenue levels or secure additional financing.