Bigg Digital Assets earns $1.42-million in Q3

Executive Summary
- Bigg Digital Assets Inc. posted a net income of $1.42 M in Q3 2025, reversing a net loss of $12.1 M year‑over‑year.
- Gross operating revenue reached $3.29 M, driven by Netcoins ($2.73 M) and Blockchain Intelligence Group ($0.56 M).
- Operating expenses fell to $4.8 M from $7.7 M a year earlier, while cash and crypto assets stood at ~$21.5 M with no debt.
Key Details
- Revenue Breakdown
- Netcoins: $2.73 M (↑56% YoY); transaction revenue $2.7 M (↑55% YoY).
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Blockchain Intelligence Group (BIG): $0.56 M (↑37% YoY).
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Margins & Profitability
- Netcoins margin declined to 1.04% (2024: 1.39%).
- BIG gross margin improved to 90% (2024: 85%).
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Overall net income $1.42 M vs. loss of $12.1 M in Q3 2024.
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Operating Expenses
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Total operating expenses $4.8 M, down from $7.7 M YoY.
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Year‑to‑Date (FYTD) Performance
- Netcoins revenue FYTD: $8.2 M vs. $6.9 M in FY2024 (+19%).
- BIG FYTD revenue: up 50% YoY.
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FYTD net loss narrowed to $2.32 M from $14.43 M a year earlier.
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Platform Metrics (Netcoins)
- Customer assets under custody (AUC): $239.5 M at Q3 end (+19% YoY).
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Active users: 9,378, up 17% YoY but down 10% vs. Q2 2025.
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Regulatory Updates
- Two‑year extension of exemptive relief from BCSC and Canadian securities regulators.
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Applications pending to become a registered investment dealer (BCSC, Autorité des marchés financiers, CIRO) and CIRO dealer member.
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TerraZero Development
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Ongoing work on “Intraverse,” a gamified social metaverse platform with monetization features for creators and brands.
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Balance Sheet Highlights
- Cash & crypto assets: ≈ $21.5 M as of Sept. 30, 2025.
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No debt reported.
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Equity Incentive Activity
- Grant of 942,000 stock options to directors, officers and employees at C$0.08 per share; five‑year term with a four‑month hold period.
Notable Quotes
(No direct quotes were provided in the release.)