Ossia International (O08) H2 2026 earnings summary

Executive summary

• FY2026 was a 12-month transition year after the prior 15-month reporting period; revenue and profit were lower, reflecting the shorter period and the completed Taiwan TUMI business exit.

• Strategic repositioning added $20.17m of investment properties, while the ongoing Taiwan distribution and retail operations and associate income remained central to performance.

Financial highlights

• Revenue was $21.269m vs $33.528m in the prior 15-month period; FY2026 included $210k of investment-property rental income.

• Gross profit was $11.023m vs $17.891m; operating loss was $2.407m vs operating profit of $1.013m.

• Profit before tax was $5.193m vs $10.641m; net profit was $4.678m vs $9.300m, and EPS was 1.85 cents vs 3.68 cents.

• Share of associate profit was $7.575m vs $9.295m; the decrease was mainly attributed to the shorter reporting period, with underlying associate operations described as stable.

• Other income was $72k vs $1.013m; prior-period income included a one-time ~$740k gain from the TUMI asset buyback.

Outlook and guidance

• Investment properties are expected to provide stable rental income and long-term capital appreciation; FY2026 rental income was $210k.

• The operating model is focused on Taiwan distribution and retail after the TUMI exit; management cites cost discipline, working-capital management and operational agility as priorities.

• The $1.25m GST receivable linked to the property acquisition was fully collected in August 2026.