Ossia International (O08) H2 2025 earnings summary

Executive summary

• FY2025 covered 15 months, 1 Apr 2024–30 Jun 2025, after the year-end moved from March to June; prior-year comparisons cover 12 months.

• Revenue and net profit increased on a reported basis, while operating profit declined; the longer period and a one-off TUMI asset buyback gain affected comparisons.

• The period ended with strong cash and no bank borrowings after repayment of outstanding loans.

Financial highlights

• Revenue was $33.528m versus $30.170m; the 15-month period and weaker New Taiwan Dollar, which reduced translated sales, shaped the comparison.

• Gross profit was $17.891m versus $17.251m; gross margin decreased slightly as the weaker New Taiwan Dollar raised costs on US-dollar inventory purchases.

• Operating profit fell to $1.063m from $2.856m; other income rose to $1.013m, including a one-time $0.740m gain from TUMI business asset buyback.

• Net profit was $9.300m versus $6.589m, supported by associate earnings of $9.295m versus $5.065m; prior-year associate results included one-off licensing expenses.

Outlook and guidance

• Operations and strategy are being adjusted proactively to align more closely with market expectations.

• The 15-month reporting cycle is transitional; subsequent financial and sustainability reports are expected to return to 12 months ending 30 June.