Hong Kong OSL Group 2025 Q1 Financial Report: Total revenue of HKD 195.4 million, a year-on-year increase of 58%, with OSL Pay contributing 29% of the revenue, and operating loss expanded to HKD 20.3 million due to expansion

ChainCatcher news, according to The Block, on August 29, the Hong Kong cryptocurrency exchange OSL Group released its financial report for the first half of 2025. The data shows that the company's total revenue reached HKD 195.4 million (approximately USD 25.1 million), a year-on-year increase of 58%. Among them, OSL Pay, launched in April this year, contributed HKD 55.9 million in revenue, accounting for 29%.

However, due to increased personnel costs from global expansion, the company's operating loss widened year-on-year to HKD 20.3 million. During the period, OSL completed the acquisition of the Japanese exchange CoinBest and spent USD 15 million to acquire a 90% stake in an Indonesian exchange, with the employee count increasing from 167 last year to 568.