Etoiles Capital Group (NASDAQ:EFTY) reported strong financial performance for the six months ended June 30, 2025, with a substantial 196.6% increase in revenue, reaching $1,800,576.
The growth was driven by expanded services and successful client acquisitions, with Hong Kong clients contributing $1,660,427 and U.S. clients adding $140,149 to the total.
The company saw operating expenses rise by 74.1% to $1,067,654, reflecting higher staffing levels, expansion efforts, and increased execution costs.
The direct cost of revenue was reported at $250,909, while selling expenses totaled $80,223 and general and administrative expenses amounted to $736,522.
Etoiles also incurred an income tax expense of $98,965.
Despite these rising expenses, the company posted a net profit of $628,030 for the first half of 2025.
The firm also completed its listing on the Nasdaq on August 8, 2025, marking a key milestone as it continues to expand its business and client base in both Hong Kong and the U.S.