MTS has just released its Q1 2025 financial report. The company’s revenue reached $300 million, a 15% increase compared to the same period last year. Gross profit was $120 million, with a gross margin of approximately 40%. Operating expenses rose to $70 million, mainly due to scale expansion and investment in new technologies. MTS’s net profit for this quarter was $30 million, representing a 10% increase year-on-year. The company also announced continued investment in high-tech products and market expansion, especially in Asia. MTS aims to reach $1 billion in revenue for fiscal year 2025. With this strong performance, MTS is confident in its long-term development plans, which include building a stronger brand in the international market.
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