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