Mango Excellent Media Co. (300413) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥3.08 billion, up 6.35% year-over-year, continuing the growth trend from Q4 2025.

• Net profit attributable to shareholders was ¥199 million, down 47.37% year-over-year, mainly due to fair value changes and lower gross margins in some businesses.

• Core new media platform maintained industry-leading variety show market share, with several hit programs supporting performance.

Financial highlights

• Operating income: ¥3.08 billion, up 6.35% year-over-year.

• Net profit attributable to shareholders: ¥199 million, down 47.37% year-over-year.

• Net profit excluding non-recurring items: ¥186.5 million, down 38.53% year-over-year.

• Basic and diluted EPS: ¥0.11, down 45% year-over-year.

• Operating cash flow: -¥390.8 million, a further decline from -¥216.6 million last year.

Outlook and guidance

• Q2 highlighted by the launch of a major variety show, achieving record-breaking online popularity.

• Additional high-quality drama series are in the pipeline for upcoming quarters.