Momo.com (8454) investor relations material

Executive summary

• Core e-commerce GMV grew 7.1% year-over-year in Q2 2026, driven by deeper brand partnerships and broader product assortment.

• Enhanced member engagement and platform governance improved conversion rates and scaled the 3P ecosystem.

• Logistics efficiency and in-house delivery capabilities expanded, strengthening nationwide fulfillment and service quality.

• AI integration across operations improved customer experience, operational efficiency, and product quality.

• Consolidated financial statements for the six months ended June 30, 2026 and 2025 were reviewed by independent auditors, with no material misstatements identified.

• The Group operates primarily in e-commerce and multimedia, with additional minor segments in travel, insurance, logistics, and investment.

Financial highlights

• Revenue for 1H2026 reached NT$53,686.2 million, up from NT$52,436.0 million in 1H2025, a 2.4% increase.

• Net profit attributable to owners was NT$1,275.6 million, down 15.6% from NT$1,511.6 million in H1 2025.

• EPS was NT$4.81, down from NT$5.70 in 1H2025.

• Gross margin from operations was 13.5%, slightly up from 13.4% year-over-year, while consolidated gross margin remained stable at 9%.

• Net cash generated from operating activities increased to NT$3,426 million from NT$1,756.4 million year-over-year.

Outlook and guidance

• Taiwan's e-commerce penetration is projected to continue rising, with ample room for further growth compared to global averages.

• Ongoing investments in logistics automation and AI are expected to drive future efficiency and service improvements.

• The Group is assessing the impact of new IFRS standards effective from 2027 and 2028, with no early adoption planned.

• Dividend policy aims to balance operational needs and shareholder returns, with cash dividends at least 10% of total dividends.