Sea Ltd reported strong growth in its Digital Financial Services (DFS) segment during the first quarter of 2025, highlighting Brazil as a promising market despite only entering mid-2024. The company’s DFS revenue increased dramatically from $9.2 million in 2019 to $2.4 billion in 2024, with 19.5% of 2024 revenue coming from Latin America, primarily Brazil. Key products include Shopee PayLater (SPL), which remains the largest outstanding loan product, Buy Cash Loans (BCL), and offline offerings. Sea’s DFS business, branded as Monee, is one of the largest unsecured consumer lending platforms in Southeast Asia and is expanding beyond the Shopee ecosystem and Southeast Asia into Brazil. In Malaysia, off-Shopee usage of SPL has grown significantly, now accounting for a substantial portion of usage. Meanwhile, Tsakos Energy Navigation (TEN) reported Q1 2025 results with adjusted earnings per share (EPS) of $1.04, revenue of $197.1 million, net income of $37.7 million, and fleet utilization at 97.2%. TEN supports a 21-vessel growth program and declared a $0.60 dividend to be paid in July. Following the earnings release, TEN’s stock surged by 9%, and Jefferies raised its price target for TEN to $21 from $18. Euroseas Ltd (ESEA) announced Q1 2025 adjusted EPS of $3.76, a $0.65 quarterly dividend, and cumulative share repurchases of 463,000 shares to date. LifeMD (LFMD) received a price target increase from BTIG to $18 from $15, maintaining a Buy rating based on strong demand in obesity health services.
$ESEA (+10.0% pre) Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2025 and Declares Quarterly Common Stock Dividend https://t.co/oTtxeDLKmG
$ESEA reported its Q1: - 65 cent dividend - Adj EPS $3.76 - 463K cumulative shares repurchased ITD https://t.co/5170xxdxWp
$ESEA Q1 $3.76 adj EPS $0.65 dividend No word on $EHLD …. https://t.co/So3s4IwALs