TDH Holdings Sees 122% Revenue Surge and $1.8M Profit Swing
TDH Holdings reported a 121.96% revenue jump to $1.25 million in fiscal 2025, driven by property portfolio expansion and enhanced leasing performance. Operating loss margin improved to −146.31% from −325.10% and the company swung to $1.80 million net profit, or $0.17 per share.
1. Financial Results Overview
TDH Holdings delivered $1.25 million in 2025 revenue, a 121.96% increase from $0.56 million in 2024, while gross loss was $0.01 million and operating loss remained $1.83 million. Operating loss margin improved to -146.31% from -325.10%, and net profit attributable to common shareholders was $1.80 million, or $0.17 per share.
2. Revenue and Portfolio Expansion
Revenue growth was driven by expansion of the commercial property portfolio and enhanced leasing performance following upgrades to service quality and optimized lease processes. The company fully exited legacy pet food and restaurant segments to focus exclusively on commercial real estate leasing and property management operations.
3. Cost Structure and Margin Dynamics
Cost of revenues rose by 288.25% to support $1.25 million in revenue, pushing the cost ratio to 100.94% from 57.71% a year earlier after reclassifying agency service and maintenance costs. Operating expenses declined 12.17% to $1.82 million, reducing the ratio of expenses to revenue from 367.39% to 145.37%.
4. Outlook and Strategy
TDH expects continued growth in its commercial real estate management business, leveraging strengthened brand image and stable client relationships to support sustained revenue expansion. The company remains focused on building long-term cooperative partnerships and scaling its property portfolio in the near term.