INKEVERSE (03700) has released its annual results for the period ended December 31, 2025. The Group reported revenue of RMB 5.126 billion, representing a decrease of 25.2% year-on-year. The adjusted net profit was RMB 292 million, an increase of 24.5% compared to the previous year. Profit attributable to the company's owners was RMB 241 million, up 33.8% year-on-year, with earnings per share of RMB 0.13.
In 2025, the Group proactively responded to changes in the industry landscape, demonstrating strong operational resilience and ecosystem stability through the continuous optimization of its live-streaming social ecosystem. The company remains committed to meeting users' evolving interactive needs with a diversified product portfolio. During the reporting period, the Group dynamically adjusted its product strategy, expanded application scenarios, and promoted the evolution of its products towards a more inclusive form of social interaction, successfully reaching a broader user base. Concurrently, the ecosystem for streamers and guilds continued to improve, with enhanced incentive mechanisms and refined management driving the platform towards a healthier and more sustainable development phase.
In terms of technological innovation, the Group actively explored the auxiliary application of artificial intelligence technology in live-streaming social scenarios and its role in empowering and improving the efficiency of internal processes. By introducing leading large language model technologies, the Group has built intelligent interactive scenarios, optimized product matching pathways and user experience, thereby continuously increasing user activity and retention rates. These business optimizations and ecosystem reshaping have ensured the long-term sustainable development of core operations in a complex environment, laying a solid foundation for the Group's future growth.
The Group adheres to an innovation-driven development strategy, continuously building a diversified growth matrix through differentiated competition and forward-looking planning. The content services business, as a vital component of the Group's diversified ecosystem, achieved deeper category expansion empowered by AIGC. Focusing on a quality-oriented strategy and aligning with content transformation trends, the company actively promoted the auxiliary application of AIGC technology in the content production chain, establishing a diverse content ecosystem that includes short dramas and comic series, thereby injecting new momentum into business growth.
Regarding overseas operations, the global implementation of the Group's mature operational model is accelerating the release of scaled operational momentum. While deepening its presence in core Southeast Asian markets, the company is actively exploring high-potential regions such as the Middle East and North Africa. Through continued advancement of localized operations and technological infrastructure, the Group is driving steady improvements in commercialization efficiency.
In the realm of frontier technology, the Group maintains an optimistic long-term outlook on the value of Web3.0 and the blockchain industry, and is actively promoting the integration of AI technology across various business scenarios, effectively enhancing innovation agility and organizational efficiency.
Looking ahead, the Group will leverage technological innovation and globalization as dual engines to build multiple growth trajectories. The company will systematically promote the application of AI in business scenarios, using technology to enhance product interaction experiences and the content production chain, thereby continuously expanding its growth boundaries. The Group will maintain a prudent yet proactive global perspective, making forward-looking investments in emerging potential markets to upgrade its overseas business towards multi-regional, scaled operations. Simultaneously, the Group will continue its forward-looking布局 and asset reserve strategy for cutting-edge technologies like Web3.0, seeking new internet opportunities with long-term growth potential. Through strategic focus and the continuous improvement of operational quality and efficiency, the Group will steadily advance towards a new phase of high-quality, sustainable development, creating long-term value for its shareholders.
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