Ossia International (O08) H1 2026 earnings summary

Executive summary

• H1 revenue fell 31.3% to $11,024, while operating results swung to a $1,682 loss; $4,460 in associate earnings helped deliver $2,588 net profit.

• Net cash used in operating activities was $6,859, and an interim dividend of 1.0 Singapore cent per share was declared.

Financial highlights

• Revenue declined 31.3% to $11,024; gross profit fell 39.4% to $4,984, and gross margin declined 6.1% versus the prior period.

• Operating loss was $1,682 versus operating profit of $494; profit before tax fell 50.9% to $2,807 and net profit fell 48.5% to $2,588.

• Associate results declined 14.2% to $4,460; interest income rose 90.5% to $181, while finance costs increased to $152 from $71.

• Distribution costs decreased 14.5% to $4,020 and administrative expenses decreased 13.6% to $2,657, reflecting lower sales activity and scaled-down TUMI operations.

Outlook and guidance

• Results were described as in line with prior commentary; operations and strategies are being repositioned to capture industry recovery opportunities as the global economy stabilizes.