BIGG Digital Assets Inc. Reports Financial Results for Q3 2025

Executive Summary

• BIGG Digital Assets reported Q3 2025 net income of $1.42 M, a swing from a $12.1 M loss in Q3 2024.
• Revenue grew to $3.29 M, driven by Netcoins ($2.73 M) and Blockchain Intelligence Group ($0.56 M), with year‑over‑year increases of 56% and 37%, respectively.
• Netcoins AUC rose to $239.5 M (up 19% YoY) and active users reached 9,378, while operating expenses fell to $4.8 M.

Key Details

• Financial Performance
• Gross operating revenue: $3.29 M (Netcoins $2.73 M; BIG $0.56 M).
• Net income Q3 2025: $1.42 M vs. loss of $12.1 M in Q3 2024.
• Operating expenses Q3 2025: $4.8 M, down from $7.7 M YoY.

• FY 2025 YTD net loss: $2.32 M (down from $14.43 M YTD 2024).

• Netcoins Segment

• Revenue Q3 2025: $2.73 M, up 56% YoY; transaction revenue $2.7 M (+55%).
• Margin: 1.04% (down from 1.39% in 2024).
• Customers’ staked Assets Under Custody (AUC): $4.5 M, generating $29 K service revenue.

• FY 2025 YTD revenue: $8.2 M, +19% YoY.

• Blockchain Intelligence Group (BIG)

• Revenue Q3 2025: $0.56 M, up 37% YoY.
• Gross margin: 90% (up from 85%).

• FY 2025 YTD revenue grew 50% vs. FY 2024 YTD.

• Platform Metrics – Netcoins

• Assets Under Custody (AUC) end‑Q3 2025: $239.5 M, +19% YoY (+$38.1 M).
• AUC up 28% vs. Q2 2025 (+$51.75 M).

• Active users: 9,378 (↑17% YoY; ↓10% vs. Q2 2025).

• Regulatory Developments

• Two‑year extension of exemptive relief from BCSC and CSA members.

• Applications pending to become a registered investment dealer with BCSC, AMF, and CIRO; also applying for CIRO dealer membership.

• TerraZero Update

• Ongoing development of “Intraverse,” a gamified social/metaverse platform enabling virtual experiences and monetization for creators and brands.

• Balance Sheet

• Cash & crypto assets as of Sept 30 2025: ≈$21.5 M.

• No debt reported.

• Equity Incentive Activity

• Granted 942,000 stock options to directors, officers and employees (exercise price $0.08 per share; five‑year term; four‑month hold period).

Notable Quotes

• “Our Q3 results reflect the strong momentum across Netcoins and BIG, delivering a profitable quarter for the first time while continuing to invest in growth initiatives,” – Dan Reitzik, Interim CEO.