OSL Group (HKG:0863) expects a net loss from continuing operations of HK$370 million to HK$430 million for the year ended Dec. 31, 2025, compared with a profit of about HK$55 million a year earlier, according to a Friday Hong Kong bourse filing.
The cryptocurrency firm attributed the loss to heavy investment in global expansion, including staff hiring and IT infrastructure build-out, which lifted operating costs.
The group also cited non-cash fair value losses on digital assets amid weaker market conditions in the fourth quarter, as well as one-off professional fees related to M&A activity and global licence applications.
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