Filing Flows › HWH International (ESYN) › Q2 2025
HWH International (ESYN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
HWH International (ESYN) reported revenue of $310K for the second quarter 2025 (Q2 2025), -7% from a year earlier and +5% from the quarter before. Operating margin was 24.5%, net earnings $83K (26.9% of revenue).
HWH International, Q2 2025: revenue $310K (-7% year over year), operating margin 24.5%, net earnings $83K, operating cash flow $27K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $310K | +5% | -7% |
| Gross profit | $149K | +0.9% | -10% |
| Operating profit | $76K | — | — |
| Net earnings | $83K | — | — |
| Operating cash flow | $27K | — | — |
What changed
Revenue was $310K in Q2 2025, down 7% year over year and up 5% from the previous quarter.
Gross margin was 48.0%, down 1.3 points from a year earlier. Operating profit was $76K, a 24.5% margin (up 145.0 points year over year). Operating expenses fell 87% while revenue fell 7%. Net earnings were $83K ($76K including minority interests, which bore $7K of losses). The effective tax rate was 0.0%.
Operating cash flow was $27K, 35% of net income including minority interests. Non-cash charges added back $3K of depreciation. Working capital and other items used $52K.
Questions
What was HWH International's revenue in the second quarter 2025?
HWH International (ESYN) reported revenue of $310K for the second quarter 2025 (Q2 2025), -7% from a year earlier and +5% from the quarter before.
Was HWH International profitable in the second quarter 2025?
Operating profit was $76K (24.5% of revenue) and net earnings $83K.
Source: HWH International 10-Q on SEC EDGAR.