CEO Continues to Forego Salary; Company Posts $55,000 in Revenue and $14,819 Net Income for Q2 2025
FRANKLIN, NEW JERSEY / ACCESS Newswire / 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 $55,000 in revenue and reported net income of $14,819, compared to no revenue and a net loss of $17,616 in the same quarter of 2024. These results reflect early returns from the Company's strategic expansion into revenue-producing businesses, including the May 2025 acquisition of AffordableTelehealthplan.com and the continued rollout of digital development services.
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 $508,909, up from $456,357 a year earlier, with equity increasing to $376,257 from $362,621.
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: https://www.YourCryptoETF.com
Learn more about our seedless crypto wallet: https://www.seedlesswallet.com
Learn more about our Token Launching soon: https://www.silverscotttoken.com
Trade Crypto here on our exchange: https://www.silverscottexchange.com
Checkout our MEME Coin Battle: www.rivalmemecoins.com
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 press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/banking-and-financial-services/silver-scott-mines-inc.-reports-first-revenue-and-profit-in-years-as-1061480
