MiniMax H1 report caught my attention.
Revenue jumped 283% YoY $116.6M, while B2B and open platform revenue surged 703% and make up 63.4% of total revenue.
But growth isn't coming cheap. R&D hit $297.9M and adjusted net loss reached $293M. The interesting part, gross margin still improved 17.9%.
Big growth, big spending. Now I'm watching to see if MiniMax can turn that investment into sustainable profits. 📊
$MINIMAX
#MiniMax #BTC
Revenue jumped 283% YoY $116.6M, while B2B and open platform revenue surged 703% and make up 63.4% of total revenue.
But growth isn't coming cheap. R&D hit $297.9M and adjusted net loss reached $293M. The interesting part, gross margin still improved 17.9%.
Big growth, big spending. Now I'm watching to see if MiniMax can turn that investment into sustainable profits. 📊
$MINIMAX
#MiniMax #BTC
