Datapulse Technology (BKW) H2 2025 earnings summary

Executive summary

• FY2025 revenue was $6.055m and profit attributable to owners was $822,000; the prior-year profit of $4.517m included a $2.910m impairment reversal.

• Hotel operations remained the core business, while a new brand and self-management model for the Seoul hotel is planned from 1 January 2026.

Financial highlights

• Revenue was $6.055m versus $6.186m in FY2024; hotel operations contributed $5.923m, with investment-related revenue making up the balance.

• Profit before tax was $797,000 versus $3.625m; profit for the year was $822,000 versus $4.517m. FY2024 included a $2.910m impairment reversal.

• FY2025 income tax credit was $25,000 versus $892,000; the prior-year credit included a provision reversal and recognition of deferred tax assets on past tax losses.

• Cash and bank balances were $10.634m at 31 July 2025 versus $14.194m a year earlier.

Outlook and guidance

• Outlook for South Korean hospitality was cautiously optimistic, supported by tourism recovery and travel demand; priorities include hotel revenue, operating efficiency, cost control and diversification.

• From 1 January 2026, the Seoul hotel is planned to operate under the Klaven brand with self-managed operations, following the current management agreement’s expiry on 31 December 2025.

• No FY2025 dividend was recommended to conserve cash for operations and potential opportunities.