Rego Interactive (2422) H1 2026 earnings summary

Executive summary

• H1 2026 revenue was RMB136.143m, up 0.3% YoY; net profit was RMB4.468m versus a RMB20.810m loss, while gross profit fell 40.1% to RMB12.913m.

• Results reflected a shift toward corporate private-domain advertising, lower tangible-goods activity and a RMB13.072m credit in financial-asset impairment versus an RMB8.062m charge in H1 2025.

• H2 priorities include expanding corporate digitalisation, commercialising AI lottery and sports products, and converting development milestones into recurring service and SaaS revenue.

Financial highlights

• Revenue was RMB136.143m versus RMB135.766m; cost of sales rose 7.8% to RMB123.230m.

• Gross profit fell to RMB12.913m from RMB21.543m; gross margin declined to 9.5% from 15.9%, reflecting revenue mix and gross-basis advertisement placement costs.

• Profit before tax was RMB4.612m versus a RMB20.786m loss; net profit was RMB4.468m versus a RMB20.810m loss, with basic and diluted EPS of RMB0.01 versus a RMB0.03 loss.

• Profit attributable to owners was RMB5.723m versus a RMB19.644m loss; adjusted net profit was RMB5.658m versus an adjusted net loss of RMB19.116m.

• Operating cash outflow was RMB57.9m; cash and equivalents fell RMB16.6m to RMB59.5m, while financing activities generated RMB41.3m.

Outlook and guidance

• H2 plans include expanding corporate omnichannel marketing and client/supplier networks, and scaling AI Agents and AI Digital Lottery Store solutions toward recurring service and SaaS revenue.

• Product priorities include sports data analysis, interactive entertainment and lottery empowerment, alongside cost control, resource optimisation and operational profitability.

• AI lottery-store agents and sports analytics remained in pilot testing, with algorithm refinement, data compliance and user experience prioritised before commercialisation.

• Strategic investment, partnership and acquisition opportunities may be assessed in AI lottery stores, sports analytics and digital marketing; no quantified financial guidance was stated.