Vobile Group (3738) investor relations material

Executive summary

• Revenue grew 19.6% year-over-year to HK$2,872 million, driven by both US and Chinese Mainland markets.

• Gross profit increased 22.3% to HK$1,286 million, with gross margin rising to 44.8%.

• Profit for the year rose 33.6% to HK$212 million, with profit margin improving to 7.4%.

• Adjusted net profit reached HK$232 million, up 29% year-over-year.

• Major strategic focus on AI-driven content protection, monetization, and platform expansion.

Financial highlights

• Revenue: HK$2,872 million (2025) vs HK$2,401 million (2024), up 19.6%.

• Gross profit: HK$1,286 million (2025) vs HK$1,051 million (2024), up 22.3%.

• Profit before tax: HK$267 million (2025) vs HK$187 million (2024).

• Profit for the year: HK$212 million (2025) vs HK$158 million (2024).

• Adjusted EBITDA: HK$542 million (2025) vs HK$438 million (2024).

• Basic EPS: HK$0.083 (2025) vs HK$0.0631 (2024); diluted EPS: HK$0.0775 (2025) vs HK$0.0588 (2024).

• No dividend declared for 2025.

Outlook and guidance

• AI-driven content creation and monetization expected to accelerate industry innovation.

• Expansion of platform services to small and medium-sized creators and new business models.

• Continued investment in AI, Web3, and digital asset trading platforms to capture growth.