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YesAsia Holdings (2209) investor relations material
YesAsia Holdings H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record revenue of US$501.5M in 2025, up 45% year-over-year, with net profit rising 21.5% to US$23.1M.
Beauty products accounted for 97% of YesStyle and ABW revenue, driven by global K-Beauty demand.
Non-core markets (outside US, UK, Australia, Canada) contributed 63.6% of revenue, growing 83.9% year-over-year.
B2B segment (ABW) revenue surged 91.7% to US$148.9M, with ABW Offline newly launched and contributing US$49.9M.
Significant investments in logistics, marketing, and technology, including a second AMR warehouse and AI-driven initiatives.
Financial highlights
Revenue: US$501.5M (2025) vs US$345.8M (2024), +45%.
Net profit: US$23.1M (2025) vs US$19.0M (2024), +21.5%.
Gross profit: US$148.5M, gross margin 29.6% (down 0.9pp due to higher B2B mix).
Operating profit: US$31.9M, up 28.2% year-over-year.
EPS: Basic 5.62 US cents, Diluted 5.50 US cents.
Final dividend proposed: HK 10.0 cents/share (up from HK 7.5 cents in 2024).
Outlook and guidance
K-Beauty expected to remain a key growth driver, especially in non-core markets (Europe, Latin America, Middle East).
Continued investment in B2B expansion, logistics, and AI to support growth and operational efficiency.
Focus on multilingual platforms, influencer marketing, and community-building initiatives.
- Record revenue and profit growth driven by K-Beauty, influencer programs, and global expansion.2209
H1 20243 Dec 2025 - Revenue up 49.3% and net profit up 26.7%, fueled by K-Beauty and global expansion.2209
H1 20253 Dec 2025 - Revenue up 71.7% and net profit up 151.5% as global expansion accelerates, led by Europe.2209
H2 20243 Dec 2025
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