TEN Holdings Reports Third Quarter 2025 Financial Results
On November 10, 2025, TEN Holdings, Inc. (NASDAQ: XHLD) released its financial results for Q3 2025 through its subsidiary, Ten Events, Inc., which specializes in event planning, production, and broadcasting services. The report indicates a modest year-over-year revenue growth, demonstrating a stable business outlook despite challenges in some revenue streams.
Management Insights
Randolph Wilson Jones III, CEO of TEN Holdings, shared insights into the company’s performance during the quarter, emphasizing the company’s commitment to operational efficiency and future revenue growth. In his remarks, he noted that while growth figures were modest, they underscored the robustness of TEN's core business operations. Two significant achievements were cited: the launch of an Early Adopter Program for the new software service, Ten Events Pro, and a strategic partnership with Webinar.net, aimed at rapidly accelerating Ten Events Pro's development.
The partnership with Webinar.net is particularly noteworthy, as it provides the infrastructure necessary for high-quality virtual and hybrid events, underpinned by AI features and real-time analytics. This collaboration is expected not only to speed up market entry but also to significantly reduce operating expenses, enhancing TEN Holdings' overall financial stability.
Mr. Jones also announced the appointment of Virgilio D. Torres as the new Chief Financial Officer, a move seen as integral for navigating the future growth landscape. Mr. Torres brings extensive experience in mergers and acquisitions, financial strategies, and operations, positioning both the Company and its investors for potential long-term gains.
Financial Performance
A detailed review of the financial performance shows that revenue for the three months ending September 30, 2025, reached $543,000, up $8,000 or 1.5% compared to the same period in the previous year. However, the report reveals a notable decline in revenue from virtual and hybrid events, which fell by 7.8%. This was largely attributed to the postponement of certain hybrid events previously scheduled for Q3 2025.
In contrast, revenue from physical events surged by over 102%, pointing to a successful quarter for live events, which serves as a significant revenue driver for the Company. TEN Holdings’ cost of revenue also increased by 26.6% to $138,000, primarily due to higher labor costs associated with physical events.
Additionally, the company’s Selling, General, and Administrative expenses saw a stark rise of 66.7%, totaling $2,185,000. This spike is largely linked to public company-related expenses, including audits and compliance fees, which were not a factor in the same period in the previous year. Interest expenses experienced a minor reduction, highlighting a strategic management of debt obligations.
The net loss for Q3 2025 escalated to $1,987,000, a significant increase compared to a loss of $975,000 in the prior year. This increase can be attributed to capitalizing on public expenses and decreased revenue from a major client due to bi-annual event scheduling.
Future Outlook
Looking ahead, TEN Holdings aims to expand its market presence through additional strategic partnerships and investments. The company plans to focus on enhancing recurring revenue streams, particularly through the expedited development of SaaS offerings. The collaboration with V-Cube Inc. illustrates their ambition to leverage advanced technologies for the North American market, thereby capitalizing on new revenue opportunities.
With an emphasis on continuous improvement and innovation, TEN Holdings seeks to establish itself as a formidable player in the enterprise communications and virtual events sector. The strategic decisions made in Q3 2025 reflect a clear path toward achieving this vision.
For further details or inquiries, please visit the official TEN Holdings website at
www.tenholdingsinc.com.