Zetrix AI (ZETRIX) Q2 2025 earnings summary

Executive summary

• Revenue for Q2 2025 rose 27.1% year-over-year to RM307.90 million, with profit after tax up 20.0% to RM198.33 million, driven by web3 application service fees and Zetrix token sales.

• For the first half of 2025, revenue increased 27.9% to RM607.88 million and profit after tax grew 18.1% to RM379.90 million, offset by a RM20.82 million impairment loss on investment.

• Sequentially, Q2 2025 revenue and profit after tax increased 2.6% and 9.2% respectively from Q1 2025.

Financial highlights

• Operating profit for Q2 2025 was RM234.86 million, up 20.1% year-over-year; cumulative six-month operating profit reached RM460.85 million, up 21.2%.

• Basic EPS for Q2 2025 was 2.6 sen (up from 2.2 sen), and for the six months was 5.0 sen (up from 4.3 sen).

• Net assets per share increased to 44.01 sen as at 30 June 2025, compared to 37.77 sen at end-2024.

• Cash and cash equivalents stood at RM333.23 million at period end, down from RM374.19 million at end-2024.

Outlook and guidance

• Focus remains on commercialising Zetrix blockchain and AI services, with global expansion via integration with China's Xing Huo platform and the China Asean AI Lab.

• Plans to carve out projects for potential international listing to access global capital.

• Board remains cautiously optimistic for long-term growth, driven by innovative service launches.