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News and Updates

Filing of June 30, 2025 Annual Financial Statements with OTC Markets; Net Income Increases to 1.97M USD; Company Advances Payments Expansion with MSB Acquisition, MSO Pursuit, and EU MiCA Pathway

  • Writer: RHCO
    RHCO
  • Aug 29
  • 2 min read

READEN HOLDING CORPORATION (OTCID: RHCO), a Venture Capital Corporation specializing in Fintech, Online Payment, and E-commerce, announced today that the Company has filed its financial statements for the year ending June 30, 2025, with OTC Markets Disclosure & News Service, reporting revenue of $11,276,318 and net income of $1,969,003, more than double the prior year’s net income.

 

FY2025 performance reflects continued scaling of the fintech portfolio. Revenue rose to $11,276,318 from $7,632,111 in FY2024, a rise of approximately 47.75% year over year. Gross profit increased to $3,014,340 from $1,815,767, up about 66.01%, and operating income reached $2,098,138 from $636,167, an increase of roughly 229.81%. Net income rose to $1,969,003 from $935,434, an increase of approximately 110.49% year over year.

 

The balance sheet strengthened significantly, with total assets increasing to $13,525,260 from $13,015,602 and total liabilities decreasing to $3,590,048 from $4,236,244 as of June 30, 2025, bolstering stockholders’ equity to $9,935,212. Management exercised strong cost discipline, reducing total operating expenses by approximately 22.3% year over year while funding growth initiatives, and the company retains flexibility to raise additional capital through equity or debt at its discretion.

 

Operational focus remains centered on scaling fintech subsidiaries, including Readies, OkePay and Oke Partners (OkeApp), to extend distribution and increase merchant adoption. The Company continues to streamline operating costs and invest in regulated infrastructure to support durable margin expansion

 

Strategic developments in payments underpin RHCO’s next phase of growth. The Company completed the acquisition of Foxley & Carr Inc., a licensed Money Services Business (MSB) registered with FinCEN (U.S. Financial Crimes Enforcement Network), embedding regulated money transmission, FX, and prepaid access capabilities into RHCO’s core operations to support acquiring, cross‑border flows, and enhanced KYC/AML.

 

Building on this foundation, RHCO is pursuing a Money Service Operator (MSO) license to expand regulated payment operations in Asia and enhance multi‑region compliance coverage alongside the U.S. MSB. This initiative complements the Company’s merchant acquiring and remittance roadmap and strengthens onboarding, monitoring, and settlement capabilities across key markets.

 

In Europe, RHCO has advanced its EU Markets in Crypto‑Assets (MiCA) licensing pathway via Finexeble S.R.O., developer of Readies, aligning the platform with a harmonized, passportable framework for compliant digital‑asset payments, custodial wallets, and fiat‑crypto on/off‑ramps. Combined with MSB and planned MSO permissions, MiCA supports a unified, multi‑rail operating stack spanning cards, bank transfers, and digital assets.

 

With MSB capabilities live and MSO and MiCA initiatives underway, RHCO expects to unlock higher‑margin revenue from merchant acquiring, cross‑border remittances, and digital‑asset payments, while faster onboarding, higher authorization rates, and lower third‑party costs improve take rate and operating leverage, positioning the Company to scale transaction volumes and drive sustained earnings growth over the coming periods.

 

Ridzky Berg, CEO of RHCO, commented, “This year’s results mark a turning point for RHCO. With new licenses and platforms coming together, we are opening doors to serve more merchants in more markets, faster and with stronger economics. The momentum is real, and we are confident in delivering bigger opportunities and growing earnings ahead.”

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© 2025 by Readen Holding Corp.

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