BIGG Digital Assets Reports H1 2025 Results: Netcoins Growth Fuels Improved Financial Performance

Executive Summary

• BIGG Digital Assets Inc. reported financial results for the first half of 2025 (ended June 30, 2025), highlighting significant revenue growth and a substantial narrowing of net losses compared to the same period in 2024.
• Netcoins, the company's regulated Canadian crypto trading platform, remained the primary revenue driver, with H1 2025 revenue up from H1 2024, supported by robust trading volumes and increased adoption by retail and institutional customers.
• Blockchain Intelligence Group (BIG) posted steady revenue gains with improved operating leverage, while TerraZero completed the build of its proprietary Intravese platform and appointed a new Board Advisor to focus on commercialization.

Key Details

• Q2 2025 Financials:
  • Revenue: CAD $2.66 million (up from CAD $2.40 million in Q2 2024).
  • Net Loss: CAD $0.12 million (a major improvement from CAD $5.01 million net loss in Q2 2024).
  • Loss Per Share: CAD $(0.01) (improved from CAD $(0.05) in Q2 2024).
• H1 2025 Financials:
  • Revenue: CAD $5.38 million (compared to CAD $4.62 million in H1 2024).
• Netcoins Performance:
  • Accounted for the majority of consolidated revenue in Q2 and H1 2025.
  • Revenue is up year-to-date from H1 2024, reflecting higher trading activity and increased adoption.
  • On track to process over CAD $1 billion in trading volume in 2025, more than doubling 2024 performance.
• Blockchain Intelligence Group (BIG) Performance:
  • H1 2025 revenue increased materially year-over-year.
  • Specific revenue reported: $581,731 (vs. $385,752 in 2024), marking a 51% increase.
  • Margin rate: 93% (vs. 90% in 2024).
  • Operated close to break-even in Q2 2025, demonstrating improved operating leverage.
• TerraZero Updates:
  • Completed the build of its proprietary technology platform, Intravese, for deploying immersive experiences.
  • Managed with capital discipline as the broader immersive market develops.
• Management Changes:
  • Jon Vlassopulos became a Board Advisor for BIGG Digital Assets as of July 2025, focusing on commercializing the TerraZero Technology platform.
  • Vlassopulos previously served as VP - Global Music for Roblox and CEO of Napster (sold in mid-2025).

Notable Quotes

• “BIGG’s strong results in the first half of 2025 are anchored by the continued growth of Netcoins, which is scaling as one of Canada’s leading regulated crypto trading platforms,” said Fraser Matthews, Director of BIGG Digital Assets. “We are also very encouraged by Blockchain Intelligence Group’s trajectory, as it steadily grows recurring revenue streams and nears profitability. Together, these businesses position BIGG to deliver both growth and disciplined execution.”