INKEVERSE (03700) announced its interim results for 2025, reporting revenue of RMB 2.6775 billion, a decrease of 24.2% compared to the same period last year. Profit attributable to shareholders reached RMB 244 million, representing a significant increase of 102.5% year-on-year. Basic earnings per share stood at RMB 0.13.
During the reporting period, the Group's revenue decline was primarily attributed to strategic adjustments and shifts in business focus, with some innovative business segments still in exploratory and initial development phases. The live streaming social business, serving as the Group's foundational pillar, maintained steady growth momentum despite the complex and volatile market environment.
The company implemented refined operational strategies and forward-looking technology deployments to establish a solid foundation for the long-term healthy development of its platform ecosystem. While ensuring healthy business development, the Group continued to deepen the ecological construction of streamers and guilds, enhance the technical and operational barriers of its products, and strengthen overall user engagement across the platform.
The Group actively embraced cutting-edge technologies, integrating AI technology with social products to continuously explore innovative pathways for user interaction experiences, creating more diversified live streaming social entertainment experiences for users.
The innovative businesses achieved rapid development in the first half of 2025. The Group remained committed to enriching its product portfolio and business layout through innovations across various market segments. The short drama business, representing a significant manifestation of the Group's innovative capabilities, leveraged stable scale advantages and continuous content development capabilities to achieve dual improvements in production capacity and content quality, maintaining a leading market position amid increasingly intense industry competition.
Overseas business, as a key strategic direction for the Group, continued to cultivate core markets in Southeast Asia and the Middle East while systematically advancing expansion into other emerging markets. Through localized team building and product feature iterations, the Group effectively enhanced product user reputation and monetization efficiency, achieving steady business scale growth.
In emerging sectors, the Group maintained an optimistic outlook on Web 3.0 and blockchain industry development, holding long-term positions and continuously expanding cryptocurrency reserves. Simultaneously, the Group actively promoted AI technology empowerment across businesses, continuously exploring new pathways for user experience enhancement and business model innovation, injecting new growth momentum for the Group's long-term development.