Financial Performance - For the three months ended December 31, 2024, the company reported revenue of $37.786 million, a 3.9% increase from $36.363 million in the same period of 2023[5] - The gross profit for the same period was $10.455 million, up 12.1% from $9.323 million year-over-year[5] - The company incurred a net loss of $2.410 million for the quarter, compared to a loss of $1.231 million in the previous year, representing a 96.1% increase in losses[7] - Operating loss for the quarter was $1.860 million, which is a 106.7% increase from the operating loss of $900,000 in the same quarter of 2023[5] - Total comprehensive loss for the quarter was $12.429 million, compared to a comprehensive income of $1.368 million in the same period last year[7] - The company reported a basic and diluted loss per share of $0.13 for the quarter, compared to $0.07 in the same quarter of 2023[5] - For the nine months ended December 31, 2024, revenue increased to $124.583 million from $113.845 million, marking a growth of 9.3%[11] - The gross profit for the nine-month period was $32.326 million, a 11.8% increase from $28.951 million in the same period of 2023[11] - For the nine months ended December 31, 2024, the company reported a loss of $4,740,000, an improvement from a loss of $6,570,000 in the same period of 2023, representing a decrease in loss of approximately 28%[12] - The total comprehensive income for the period was $2,643,000, compared to a loss of $12,337,000 in the previous year, indicating a significant turnaround[12] Assets and Liabilities - The company's non-current assets amounted to $63,028,000 as of December 31, 2024, showing a slight increase from $62,010,000 as of March 31, 2024[14] - Current assets totaled $134,233,000, compared to $129,111,000 in the previous quarter, reflecting a growth of approximately 4%[14] - The company's cash and cash equivalents were $65,991,000, down from $68,103,000 in the previous quarter, indicating a decrease of about 3%[16] - The total equity attributable to the owners of the company was $125,527,000, a slight decrease from $126,640,000 as of March 31, 2024[16] - The company's retained earnings stood at $177,743,000, down from $185,335,000 in the previous quarter, reflecting a decrease of approximately 4%[16] - The company's total liabilities decreased to $130,398,000 from $131,843,000 in the previous quarter, indicating a reduction of about 1%[16] - The net asset value per share attributable to the owners of the company was $7.78, an increase from $7.61 in the previous quarter[16] Revenue Breakdown - The group reported total revenue of $37,786,000 for the quarter ending December 31, 2024, with a breakdown of $27,426,000 from publishing and printing and $10,360,000 from travel-related services[42] - Advertising revenue for the quarter was $17,729,000, an increase from $17,418,000 in the same quarter last year[42][43] - Revenue for the three months ended December 31, 2024, was $37,786 thousand, an increase from $36,363 thousand in the same period of 2023, representing a growth of approximately 3.9%[44] - For the nine months ended December 31, 2024, total revenue was $124,583 thousand, compared to $113,845 thousand for the same period in 2023, indicating an increase of about 9.5%[48] - Revenue from travel and related services for the nine months ended December 31, 2024, was $45,052 thousand, compared to $31,906 thousand in 2023, marking an increase of about 41%[45] Operational Challenges - The company reported a pre-tax loss of $4,167 thousand for the nine months ended December 31, 2024, compared to a pre-tax loss of $6,393 thousand in the same period of 2023, showing an improvement of about 34.3%[47] - The group anticipates challenges in the remaining quarters of the fiscal year due to geopolitical tensions and global trade uncertainties, but is prepared to explore new revenue opportunities, especially in the travel segment[72] - The group is currently facing several defamation lawsuits but believes that any potential liabilities will not have a significant adverse impact on its financial condition[81] Shareholder Information - The company declared an interim dividend of $2.531 million for the 2023/2024 fiscal year[20] - Basic and diluted loss per share for the three months ended December 31, 2024, was $0.13, an increase from $0.07 in the same period of 2023[84] - For the nine months ended December 31, 2024, the loss attributable to shareholders was $4,129,000, a decrease from $6,024,000 in the same period of 2023[84] - The weighted average number of ordinary shares issued for the three months ended December 31, 2024, was 1,650,515,026, down from 1,687,236,241 in the same period of 2023[84] Other Financial Metrics - The company recorded a revaluation surplus of $296,000 upon the transfer of land and buildings to investment properties[20] - The company recognized a revaluation surplus of approximately $296,000 related to certain properties held by a subsidiary, contributing positively to the financial results[54] - The group reported a net capital debt ratio of zero as of December 31, 2024, indicating a strong financial position[79] - The group did not experience any non-recurring items affecting its assets, liabilities, equity, net income, or cash flows during the review quarter[35]
世界华文媒体(00685) - 2025 Q3 - 季度业绩