VS Media Holdings reported a Net Loss of $4.44M for H1 2025, widening from $3.34M the prior year, despite a significant improvement in Gross Margin to 27.13% (from 15.22%) after eliminating the loss-making Social Commerce segment, which ceased operations entirely (nil revenue). The increased net loss was driven by a 42.20% surge in operating expenses to $5.10M, most notably marketing expenses, which rose 362% due to the amortization of prepaid consultancy services ($860K amortized). Total revenue declined 19.01% to $3.26M, primarily due to sharp drops in Optimization-Based Marketi
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