Xgd (300130) Q4 2025 earnings summary

Executive summary

• Achieved revenue of ¥3.18 billion in 2025, up 1.03% year-over-year; net profit attributable to shareholders was ¥468.8 million, up 100.17% year-over-year.

• Adjusted net profit (excluding non-recurring items) was ¥420.6 million, down 14.57% year-over-year.

• Growth driven by overseas electronic payment product sales; domestic acquiring business revenue declined due to strategic adjustments and increased investment in new business.

Financial highlights

• Revenue: ¥3.18 billion (+1.03% YoY); Net profit: ¥468.8 million (+100.17% YoY).

• Adjusted net profit: ¥420.6 million (-14.57% YoY); Operating cash flow: ¥405.6 million (-43.39% YoY).

• Gross margin for product manufacturing: 41.98%; acquiring and value-added services: 29.60%.

• Overseas revenue grew 26.14% YoY, now 36.15% of total revenue.

• R&D investment: ¥286.8 million, 9.02% of revenue.

Outlook and guidance

• Will deepen “payment + terminal” core business, accelerate global expansion, and invest in AI-driven innovation.

• Plans to enhance domestic acquiring services, expand high-end overseas hardware, and strengthen cross-border payment solutions.

• Focus on building a full-chain digital service capability and exploring new AI business models for sustainable growth.