Winking Studios is pleased to share the FY2025 financial results, reflecting a year of strong revenue growth and strategic scale expansion
Key Financial Highlights (FY2025 vs FY2024):
- Revenue: US$45.5 million (+42.6%)G
- Gross Profit: US$13.5 million (+43.2%)
- Gross Margin: 29.8% (stable)
- Adjusted EBITDA: US$5.4 million (+13.2%)
- EBITDA: US$3.4 million (+69.2%)
- Adjusted Net Profit: US$3.0 million
- Net Cash Generated from Operations: US$5.1 million
- Cash & Cash Equivalents: US$27.4 million, with zero debt
Revenue growth was underpinned by:
- An 8.6% organic revenue increase
- US$11.4 million contribution from Mineloader (acquired April 2025)
-! Mainland China & Hong Kong revenue rising 51.1% to US$16.7 million
- US revenue more than doubling to US$7.3 million
The Group also reported indicative artist bookings of at least US$48.6 million over the next 24 months, providing strong revenue visibility into FY2026.
With expanded AAA console capabilities, increased global diversification and a strengthened balance sheet, Winking Studios enters FY2026 well-positioned to capture industry growth.
Please refer to the attached results announcement for full details.
https://links.sgx.com/FileOpen/Winking%20Studios%20Limited%20-%20FY2025%20Full%20Year%20Results.ashx?App=Announcement&FileID=876472
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