Bradaverse Education (Int’l) Investments Group Limited (1082) Announces 2025 Interim Results

Bulletin Express
02/27

Bradaverse Education (Int’l) Investments Group Limited (1082) reported revenue of HK$21.95 million for the six months ended 31 December 2025, reflecting a 56.29% drop compared to HK$50.22 million in the same period of 2024. The decrease was influenced by a substantial reduction in revenue from the trading of gaming products in the VR and digital entertainment segment.

Loss attributable to owners of the group stood at HK$3.55 million, notably narrower than the HK$11.57 million loss registered a year earlier. This improvement was supported by factors such as a reversal of impairment losses on loan receivables and reduced impairment loss on trade receivables.

Private educational services contributed HK$16.72 million in revenue, up 6.36% year-on-year, while revenue from trading and services of VR and digital entertainment declined significantly to HK$3.41 million from HK$32.48 million. Interest income from money lending came in at HK$1.26 million, representing a 6.67% decrease over the comparable period.

As of 31 December 2025, the current ratio stood at 1.59 times, compared to 1.61 times as of 30 June 2025. The gearing ratio, measured as total debts over the sum of total equity and total debts, reached 48.44%, up from 45.71% at the end of June 2025. The board has not recommended any interim dividend for the period.

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