𝐌𝐈𝐍𝐈𝐌𝐀𝐗’𝐒 𝐁𝐈𝐆𝐆𝐄𝐒𝐓 𝐍𝐔𝐌𝐁𝐄𝐑 𝐈𝐒𝐍’𝐓 𝐓𝐇𝐄 𝟐𝟖𝟑% 𝐆𝐑𝐎𝐖𝐓𝐇.
MiniMax did $116.6M in H1 revenue, up 283% YoY.
But the part I find more interesting is where that revenue is coming from.
Open Platform and enterprise revenue jumped 703% to $73.9M, now making up 63.4% of total revenue. (MiniMax)
That’s a pretty significant shift from a consumer AI story toward selling AI infrastructure and services to businesses.
The catch? Adjusted net loss still came in at $293M, even as gross margin improved to 17.9%. (MiniMax)
So the growth is impressive, but the real question is whether MiniMax can turn that enterprise growth into a more sustainable business.
$MINIMAX is live as a perp on BingX.
#Macro Insights# #BTC #BTC Price Analysis# #TradFi $BTC $ETH
MiniMax did $116.6M in H1 revenue, up 283% YoY.
But the part I find more interesting is where that revenue is coming from.
Open Platform and enterprise revenue jumped 703% to $73.9M, now making up 63.4% of total revenue. (MiniMax)
That’s a pretty significant shift from a consumer AI story toward selling AI infrastructure and services to businesses.
The catch? Adjusted net loss still came in at $293M, even as gross margin improved to 17.9%. (MiniMax)
So the growth is impressive, but the real question is whether MiniMax can turn that enterprise growth into a more sustainable business.
$MINIMAX is live as a perp on BingX.
#Macro Insights# #BTC #BTC Price Analysis# #TradFi $BTC $ETH
