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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
SOS
SOS (SOS) investor relations material
SOS H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary6 Oct, 2026
Executive summary
H1 2026 revenue fell 45.5% YoY to $48.8 million, while net loss widened to $34.5 million from $14.2 million, largely reflecting a $27.4 million digital-asset fair-value loss.
Operations centered on commodity trading and hosting; cryptocurrency mining remained suspended, and legacy data-marketing contracts continued.
Financial highlights
Revenue was $48.8 million versus $89.6 million YoY; operating costs were $52.5 million versus $90.9 million, producing a $3.7 million gross loss versus $1.3 million.
Net loss was $34.5 million versus $14.2 million YoY; operating loss was $41.7 million versus $15.0 million.
Selling expense rose to $2.6 million from $2.3 million; G&A fell to $6.0 million from $9.4 million, mainly due to no mining-machine depreciation in the period.
Outlook and guidance
Management expects available cash to cover current operations, working capital, commitments and capital expenditures for at least the next 12 months, while noting future business or economic changes could require more cash.
Revenue growth factors include new service lines and international expansion; G&A is expected to rise as commercial infrastructure and public-company costs expand.
Mining may resume following acquisition of new equipment; current activity is focused on hosting services.
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Latest events from SOS
- Revenue dropped, net loss widened, and internal control weaknesses remain significant.SOS
H2 2025 - Registering $500M in securities amid high PRC and audit risks, with 484M shares for resale.SOSRegistration Filing
- China-focused holding company with commodity trading core, facing major regulatory and cash flow risks.SOSRegistration Filing
- Revenue surged 47% to $60.5M, driven by commodities trading, with net loss steady at $10.9M.SOSH1 2024
- Commodity trading drove record revenue in 2024, but losses and risks remain elevated.SOSH2 2024
Next SOS earnings date
H2 202614 May, 2027
SOS
Next SOS earnings date
H2 202614 May, 2027
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Frequently asked questions
SOS Limited is a technology company based in Qingdao, China, offering data mining and analysis services primarily within China. The company's services target corporate and individual members, providing marketing data, technology, and solutions for various sectors including insurance companies and emergency rescue services. SOS Limited operates a cloud emergency rescue service software platform known as SOS cloud, which features a range of cloud products such as medical rescue, auto rescue, financial rescue, and life rescue cards. In addition to these services, the platform includes cooperative cloud systems like information rescue center, intelligent big data, and intelligent software and hardware, along with information cloud systems covering news and e-commerce portals, hotline centers, information security services, and marketing-related data. Its shares are listed on the NYSE.