Kuber Resources Corp SEC 10-Q Report

Kuber Resources Corp, a key player in the wood treatment and distribution industry, has released its Form 10-Q report for the second quarter of 2025. The report highlights significant financial growth and operational advancements, underscoring the company's robust performance in the market.

Financial Highlights

Revenues, net: Kuber Resources Corp reported net revenues of $3.32 million for the three months ended June 30, 2025, marking a 38.13% increase from the same period in 2024. For the six months ended June 30, 2025, net revenues were $9.50 million, up 27.8% from the same period in 2024.

Gross profit: The company achieved a gross profit of $1.79 million for the three months ended June 30, 2025, with a gross margin of 54.0%, compared to $0.83 million or 34.38% in the same period in 2024. For the six months ended June 30, 2025, gross profit was $5.80 million, with a gross margin of 61.08%, compared to $3.21 million or 43.20% in the same period in 2024.

Income from operations: Kuber Resources Corp reported an income from operations of $0.30 million for the three months ended June 30, 2025, compared to a loss of $0.18 million in the same period in 2024. For the six months ended June 30, 2025, income from operations was $3.25 million, compared to $1.24 million in the same period in 2024.

Net income: The company posted a net income of $0.39 million for the three months ended June 30, 2025, compared to a net loss of $0.21 million in the same period in 2024. For the six months ended June 30, 2025, net income was $3.09 million, compared to $0.96 million in the same period in 2024.

Earnings per share: Earnings per share were $0.0025 for the three months ended June 30, 2025, compared to a loss per share of $0.0013 in the same period in 2024. For the six months ended June 30, 2025, earnings per share were $0.0196, compared to $0.0061 in the same period in 2024.

Business Highlights

Revenue Segments: Kuber Resources Corp operates in the wood treatment and distribution industry, focusing on formaldehyde treatment services and the sales of wood panels. The increase in revenue is attributed to the growth in these segments.

Geographical Performance: The company operates primarily in China, with its subsidiaries engaged in manufacturing and distribution activities. The performance in the Chinese market is a significant contributor to the company's overall results.

Sales Units: The company has seen an increase in the sales of wood panels and formaldehyde treatment services, contributing to the overall growth in revenue.

New Production Launches: On October 17, 2023, the company incorporated Kuber Resources (Guangdong) Co., Ltd. as a wholly owned subsidiary, expanding its manufacturing capabilities in Guangdong, PRC.

Future Outlook: Kuber Resources Corp plans to continue expanding its operations in the wood treatment and distribution industry, leveraging its subsidiaries to enhance production and distribution capabilities.

SEC Filing: Kuber Resources Corp [ KUBR ] - 10-Q - Aug. 19, 2025