Greenpro Capital Corp. Reports Q2 2025 Revenue Increase but Half-Year Decline

Greenpro Capital Corp. reported its financial results for the second quarter and first half of 2025, revealing a total revenue of $427,092 for the three months ended June 30, 2025, compared to $361,174 for the same period in 2024, marking an increase of approximately 18.3%. For the first half of 2025, total revenue was $779,847, down from $1,019,573 in the prior year, reflecting a decrease of 23.5%. The company attributed the decline in half-year revenue primarily to a reduction in service business revenue, which fell to $706,110 from $976,422 year-over-year. The service revenue increase in the second quarter was driven by a rise in business consulting and advisory services.

The company reported a net loss of $574,128 for the second quarter of 2025, slightly higher than the loss of $565,753 in the same quarter of 2024. For the first half of 2025, the net loss increased to $1,209,704 from $838,663 in the previous year. The increase in losses was largely due to higher general and administrative expenses, which totaled $944,949 for the second quarter, up from $920,070 in the prior year. The company also noted a significant increase in the cost of service revenue, which rose to $80,423 from $36,010, primarily due to higher professional fees.

In terms of operational developments, Greenpro's digital revenue segment began contributing to overall revenue, generating $17,921 in the second quarter of 2025, compared to no revenue in the same period last year. The company also reported rental revenue of $13,914 for the second quarter, down from $18,544 in 2024, as it continues to manage its real estate portfolio. The total assets of Greenpro increased to $6,555,277 as of June 30, 2025, compared to $6,473,923 at the end of 2024, driven by an increase in digital assets and receivables from related parties.

Strategically, Greenpro raised $760,000 through the issuance of 700,000 shares of common stock in private placements during the second quarter, aimed at funding operational expansion. The company continues to focus on its core business segments, including corporate advisory services, digital asset trading, and real estate management, while exploring new markets to enhance revenue streams. However, the company faces challenges, including an accumulated deficit of $38,474,083 and ongoing concerns regarding its ability to continue as a going concern, as highlighted by its independent auditors. Management remains optimistic about future profitability, contingent on improved market conditions and continued financial support from shareholders.