Hong Kong · Delayed Price · Currency is HKD NetDragon Websoft Holdings Earnings Call Transcripts
Fiscal Year 2025
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Profitability rebounded in H2 2025 due to aggressive cost optimization and AI integration, despite a 26% YoY revenue decline. Gaming remains highly profitable, while education is positioned for growth as markets recover. Dividend and buyback commitments remain strong.
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Cost optimization and AI integration drive higher gross margins and product innovation. Dividend and share buybacks reflect confidence in future growth, with strong outlook for gaming and SaaS segments in 2025 and beyond.
Fiscal Year 2024
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AI integration drove efficiency and cost savings, boosting margins and profitability despite revenue declines. Gaming and education segments faced headwinds, but strategic partnerships, new products, and a strong cash position support future growth and shareholder returns.
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Revenue declined in education but remained stable in gaming, with gross margin rising to 66.6% and EBITDA up 12.9%. Excluding a one-time tax provision, net profit increased 24%. Management is cautiously optimistic, focusing on AI, SaaS, and global expansion.