Silver Scott Mines, Inc. Reports First Revenue and Profit in Years as Strategic Pivot Gains Traction
Silver Scott Mines (OTC PINK:SILS) reported its first profitable quarter in years, generating $55,000 in revenue and $14,819 in net income for Q2 2025, compared to no revenue and a $17,616 loss in Q2 2024. The company's CEO continues to forgo salary to reinvest in growth initiatives.
The improved performance stems from strategic expansion into revenue-generating businesses, including the May 2025 acquisition of AffordableTelehealthplan.com and digital development services. The company's total assets reached $508,909, up from $456,357 year-over-year, with equity increasing to $376,257.
Key operational highlights include the beta launch of TrustNFT.io, development of RWADirect.io for asset tokenization, securing $135,000 in development contracts, and expanding into crypto ETF investing through YourCryptoETF.com.
Silver Scott Mines (OTC PINK:SILS) ha registrato il suo primo trimestre in utile dopo anni, con $55.000 di ricavi e $14.819 di utile netto nel secondo trimestre 2025, rispetto a nessun ricavo e una perdita di $17.616 nel Q2 2024. L'amministratore delegato continua a rinunciare allo stipendio per reinvestire nelle iniziative di crescita.
Il miglioramento deriva dall'espansione strategica in attivit脿 redditizie, tra cui l'acquisizione di AffordableTelehealthplan.com nel maggio 2025 e i servizi di sviluppo digitale. Gli attivi totali della societ脿 sono saliti a $508.909, rispetto a $456.357 dell'anno precedente, con il patrimonio netto aumentato a $376.257.
I principali risultati operativi includono il lancio beta di TrustNFT.io, lo sviluppo di RWADirect.io per la tokenizzazione degli asset, l'assegnazione di $135.000 in contratti di sviluppo e l'espansione nell'investimento in ETF crypto tramite YourCryptoETF.com.
Silver Scott Mines (OTC PINK:SILS) report贸 su primer trimestre rentable en a帽os, generando $55,000 en ingresos y $14,819 de utilidad neta en el segundo trimestre de 2025, frente a cero ingresos y una p茅rdida de $17,616 en el Q2 2024. El CEO sigue renunciando a su salario para reinvertir en iniciativas de crecimiento.
La mejora se debe a la expansi贸n estrat茅gica hacia negocios generadores de ingresos, incluida la adquisici贸n de AffordableTelehealthplan.com en mayo de 2025 y servicios de desarrollo digital. Los activos totales de la compa帽铆a alcanzaron $508,909, frente a $456,357 interanual, y el patrimonio aument贸 a $376,257.
Aspectos operativos clave incluyen el lanzamiento beta de TrustNFT.io, el desarrollo de RWADirect.io para tokenizaci贸n de activos, la obtenci贸n de $135,000 en contratos de desarrollo y la expansi贸n hacia inversiones en ETF cripto a trav茅s de YourCryptoETF.com.
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鞁れ爜 臧滌劆鞚� 靾橃澋 彀届稖 牍勳雼堨姢搿滌潣 鞝勲灥鞝� 頇曥灔鞐愳劀 牍勲’霅橃棃鞙茧┌, 鞐赴鞐愲姅 2025雲� 5鞗� AffordableTelehealthplan.com 鞚胳垬鞕� 霐旍韯� 臧滊皽 靹滊箘鞀り皜 韽暔霅╇媹雼�. 齑濎瀽靷办潃 鞝勲厔 雽�牍� 歃濌皜頃橃棳 $508,909鞐� 雼枅瓿� 鞛愲掣鞚� $376,257搿� 電橃柎雮姷雼堧嫟.
欤检殧 鞖挫榿 頃橃澊霛检澊韸鸽電� TrustNFT.io鞚� 氩犿儉 於滌嫓, 鞛愳偘 韱犿伆頇旊ゼ 鞙勴暅 RWADirect.io 臧滊皽, $135,000 攴滊鞚� 臧滊皽 瓿勳暯 頇曤炒, YourCryptoETF.com鞚� 韱淀暅 鞎旐樃頇旐彁 ETF 韴瀽 頇曥灔 霌膘澊 鞛堨姷雼堧嫟.
Silver Scott Mines (OTC PINK:SILS) a annonc茅 son premier trimestre b茅n茅ficiaire depuis des ann茅es, g茅n茅rant 55 000 $ de revenus et 14 819 $ de b茅n茅fice net pour le T2 2025, contre aucun revenu et une perte de 17 616 $ au T2 2024. Le PDG continue de renoncer 脿 son salaire pour r茅investir dans des initiatives de croissance.
Cette am茅lioration r茅sulte d'une expansion strat茅gique vers des activit茅s g茅n茅ratrices de revenus, notamment l'acquisition d'AffordableTelehealthplan.com en mai 2025 et des services de d茅veloppement num茅rique. L'actif total de la soci茅t茅 a atteint 508 909 $, en hausse par rapport 脿 456 357 $ d'une ann茅e sur l'autre, et les capitaux propres ont augment茅 脿 376 257 $.
Les faits marquants op茅rationnels comprennent le lancement en b锚ta de TrustNFT.io, le d茅veloppement de RWADirect.io pour la tokenisation d'actifs, l'obtention de 135 000 $ de contrats de d茅veloppement et l'expansion vers l'investissement en ETF crypto via YourCryptoETF.com.
Silver Scott Mines (OTC PINK:SILS) meldete sein erstes profitable Quartal seit Jahren und erzielte im zweiten Quartal 2025 $55.000 Umsatz und $14.819 Nettogewinn, gegen眉ber keinem Umsatz und einem Verlust von $17.616 im Q2 2024. Der CEO verzichtet weiterhin auf sein Gehalt, um in Wachstumsprojekte zu reinvestieren.
Die verbesserte Performance resultiert aus der strategischen Expansion in umsatzgenerierende Gesch盲ftsbereiche, darunter die 脺bernahme von AffordableTelehealthplan.com im Mai 2025 und digitale Entwicklungsdienstleistungen. Die Gesamtaktiva stiegen auf $508.909 gegen眉ber $456.357 im Jahresvergleich, das Eigenkapital erh枚hte sich auf $376.257.
Wesentliche operative Highlights sind der Beta-Start von TrustNFT.io, die Entwicklung von RWADirect.io zur Asset-Tokenisierung, der Abschluss von $135.000 an Entwicklungsvertr盲gen und die Erweiterung in Krypto-ETF-Investments 眉ber YourCryptoETF.com.
- First revenue ($55,000) and profit ($14,819) in years for Q2 2025
- Secured up to $135,000 in development contracts through Silver Scott Digital
- CEO forgoes salary to reinvest in growth initiatives
- Total assets increased to $508,909 from $456,357 year-over-year
- Strategic expansion through acquisition of AffordableTelehealthplan.com
- Historical lack of revenue generation prior to Q2 2025
- Relatively small revenue base of $55,000 indicates early stage of commercialization
- Multiple beta-stage products suggest uncertain revenue sustainability
CEO Continues to Forego Salary; Company Posts
FRANKLIN, NEW JERSEY / / August 15, 2025 / Silver Scott Mines, Inc. (OTC PINK:SILS), a diversified technology company with operations spanning healthtech, blockchain, and fintech, today announced financial results for the quarter ended June 30, 2025 - marking its first period in years with both revenue and net income.
For the second quarter of 2025, the Company generated
Importantly, Silver Scott Mines' CEO continues to take no salary, allowing the Company to reinvest more capital into product development, marketing, and growth initiatives.
"This quarter's results are a turning point," said Stuart Fine, CEO of Silver Scott Mines. "We are proving that our pivot into real-world asset tokenization, software development services, blockchain-based trust solutions, and accessible healthcare platforms can translate into tangible shareholder value. By forgoing my own compensation, we've ensured every available resource is dedicated to accelerating that momentum."
Q2 2025 Operational Highlights (May-June)
Setup a 24/7 "Talk to a Nurse" service that will be available on the redesigned AffordableTelehealthplan.com planned relaunch in September
Introduced personalized supplement recommendations and announced plans to offer patented light therapy devices through Silver Scott Health.
Beta launched TrustNFT.io and Weed.TrustNFT.io, blockchain authentication platforms for secure data and product verification.
Accelerated development of RWADirect.io, the Company's real-world asset tokenization platform, in response to growing institutional interest.
Secured up to
$135,000 in development contracts through Silver Scott Digital.Added real estate finance expert Elysia Stobbe to the Company's advisory board.
Beta launched YourCryptoETF.com to expand access to crypto ETF investing.
Financial Position
As of June 30, 2025, total assets stood at
Silver Scott Mines, Inc. (OTC Pink:SILS) is a diversified technology and software development company with interests in digital asset infrastructure, tokenized natural resources, fintech innovation and healthtech solutions. Through strategic development and acquisitions, the Company aims to build shareholder value across traditional and emerging sectors. Learn more about our ETF platform:
Learn more about our seedless crypto wallet:
Learn more about our Token Launching soon:
Trade Crypto here on our exchange:
Checkout our MEME Coin Battle:
Forward Looking Statements
This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as expects, believes, anticipates, intends, estimates, seeks and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Silver Scott Mines are based on current expectations that are subject to risks and uncertainties.
CONTACT:
Stuart Fine
CEO
Silver Scott Mines, Inc
908-356-9852
SOURCE: Silver Scott Mines, Inc.
View the original on ACCESS Newswire
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