MiniMaxâs H1 report tells two stories at once.
đ Revenue: $116.6M (+283% YoY)
đ Enterprise/Open Platform: +703%, now 63.4% of total revenue
đ Gross margin improved to 17.9%
The flip side? R&D spending reached $296.9M, with an adjusted net loss of $293M.
Thatâs what makes AI companies so fascinating right now: incredible growth, but investors are still asking when it turns into sustainable profitability.
Iâm keeping $MINIMAX on my BingX watchlist. đ
đ Revenue: $116.6M (+283% YoY)
đ Enterprise/Open Platform: +703%, now 63.4% of total revenue
đ Gross margin improved to 17.9%
The flip side? R&D spending reached $296.9M, with an adjusted net loss of $293M.
Thatâs what makes AI companies so fascinating right now: incredible growth, but investors are still asking when it turns into sustainable profitability.
Iâm keeping $MINIMAX on my BingX watchlist. đ
