Gala Technology Holding (2458) H1 2025 earnings summary

Executive summary

• H1 revenue rose 48.9% YoY to RMB469.7m and profit for the period increased 110.3% to RMB53.7m, led by Total Football and NBA Rivals.

• Strategy combines proprietary technology, sports IP and regional operations, with Southeast Asia and mini-games among growth priorities.

Financial highlights

• Revenue increased 48.9% YoY to RMB469.7m; self-published games generated 99.9% of revenue.

• Gross profit rose 38.6% to RMB237.6m, while gross margin declined to 50.6% from 54.4%, mainly due to higher platform commissions.

• Operating profit increased to RMB60.4m from RMB27.4m; profit before tax was RMB58.3m versus RMB25.6m.

• Profit for the period was RMB53.7m versus RMB25.5m; income tax expense rose to RMB4.6m from RMB0.1m.

Outlook and guidance

• H2 priorities include product iteration, emerging-market expansion and event-resource integration, using proprietary AI technology and regional operations; no quantified financial targets were stated.

• Fantastic Manager targets full-link capability verification in Q4, with commercialization preparation and a dedicated mini-game team planned.

• NBA Rivals is planned for independent release in Hong Kong, Macau and Taiwan in Q3; Clutch Hit Baseball plans MLB playoff events and a 2026 World Baseball Classic expansion pack.

• Total Football plans further gameplay and rendering improvements, alongside IP-led content marketing; Football Champion will focus on product structure and Southeast Asia.