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Momo.com (8454) investor relations material
Momo.com Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
2025 was challenging with a soft retail and e-commerce market, aggressive new entrants, and the first negative revenue growth in recent years, with FY2025 revenue at NTD 108,665.9 million, down from NTD 112,563.6 million in FY2024.
Net profit attributable to owners was NTD 2,991.3 million, and EPS declined to NTD 11.29 from NTD 13.04 year-over-year.
Annual active users increased by 3% year-over-year.
The company is focused on expanding brand partnerships, increasing high-value customer stickiness, and growing its 3P business.
2026 focus is on GMV growth and market share expansion, leveraging a hybrid 1P plus 3P strategy and logistics leadership.
Financial highlights
Gross profit for FY2025 was NTD 14,735.7 million, down from NTD 15,293.8 million year-over-year.
Operating profit totaled NTD 3,351.7 million; EPS was NTD 11.29.
Take rate remained stable at 13.6%, supported by 3P marketplace and advertising revenue.
Cash and cash equivalents stood at NTD 2,241.3 million as of December 31, 2025, down from NTD 5,059.5 million the previous year.
Net cash generated from operating activities was NTD 3,355.4 million, a significant decrease from NTD 6,075.5 million in FY2024.
Outlook and guidance
2026 strategy centers on GMV growth and market share, with continued investment in logistics and technology.
Ongoing investments in warehouse automation and in-house logistics to support future growth.
Expansion of the momo Coins ecosystem and addition of third-party partners to enhance customer value in 2026.
3P and advertising businesses expected to be profitable at the overall level in 2026.
Taiwan's e-commerce penetration is at 14%, with significant room for growth toward global levels.
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