WEB3 META released its annual performance, with a net loss of HKD 20.3 million
WEB3 META released its annual performance for the period ending June 30, 2025, with revenue of HKD 44.45 million, a year-on-year decrease of 64.3%; net loss of HKD 20.3 million, compared to a profit of HKD 17.535 million in the same period last year. Basic loss per share is HKD 2.76. The decrease in revenue is mainly due to structural challenges faced by the traditional internet advertising business, leading to a weakened willingness of clients to invest. Although the platform business empowered by the digital industry performed strongly, it has not yet fully offset the decline in traditional advertising business, resulting in a phase-wise decline in overall revenue
According to the Zhitong Finance APP, WEB3 META (08093) released its annual performance report for the year ending June 30, 2025, with revenue of HKD 44.45 million, a year-on-year decrease of 64.3%; a net loss of HKD 20.3 million, compared to a profit of HKD 17.535 million in the same period last year; basic loss per share of HKD 2.76.
The decrease in revenue during the period mainly reflects the structural challenges faced by the traditional internet advertising business: the industry has entered a stage of stock competition, with weakened client spending intentions and budget cuts from some advertisers, leading to a significant year-on-year decline in revenue for this segment. Meanwhile, the group's actively promoted transformation into a digital industry empowerment platform has shown strong performance, achieving substantial year-on-year growth and gradually becoming a new growth driver for the group. However, as the digital business is still in the early stages of expansion, its revenue contribution has not yet fully offset the decline in traditional advertising business, resulting in a phase-based overall revenue decline
