Xgd (300130) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥867 million, up 23.61% year-over-year, driven by domestic acquiring and overseas electronic payment device businesses.

• Net profit attributable to shareholders was ¥107 million, down 31.81% year-over-year, mainly due to margin pressure from product mix shifts, rising material costs, and forex losses.

• Domestic acquiring transaction volume exceeded ¥448.5 billion, up over 21% year-over-year.

• Overseas electronic payment device revenue grew over 30% year-over-year, with continued expansion in emerging markets.

• Cross-border and global acquiring businesses achieved breakthroughs in Europe and Hong Kong, enhancing local collection and fund access capabilities.

Financial highlights

• Operating income: ¥867 million (up 23.61% year-over-year).

• Net profit attributable to shareholders: ¥107 million (down 31.81% year-over-year).

• Net profit excluding non-recurring items: ¥98.5 million (down 33.63% year-over-year).

• Operating cash flow: -¥115 million (down 54.96% year-over-year).

• Total assets at quarter-end: ¥6.24 billion (up 1.5% from year-end 2025).

• Shareholders’ equity: ¥4.52 billion (up 2.6% from year-end 2025).

Outlook and guidance

• Continued focus on expanding overseas markets and enhancing cross-border payment capabilities.

• Ongoing investment in R&D, supply chain, and market development for new subsidiaries.

• Management highlights risks from industry policy changes and market demand fluctuations.