Web3 Meta Limited (the “Company”, stock code: 8093) released its annual report for the financial year ended 30 June 2025. The report discloses audited consolidated financial statements and the Board’s discussion of various aspects of operations.
According to the report, the Company primarily engages in internet advertising services and the build-up and operation of a digitalization empowerment platform. During the year, the Company recorded revenue of approximately HK$44.5 million, compared to approximately HK$124.5 million in the previous financial year. The decrease was largely attributable to structural challenges in the traditional internet advertising business, partially offset by the expansion of digital projects, which continue to develop.
During the reporting period, the Company recognized a net loss of approximately HK$20.3 million, compared to a profit of approximately HK$17.5 million for the prior year. Management attributes the result to reduced revenues from traditional internet advertising activities, as well as an increase in credit loss provisions for receivables and prepayments.
As noted, the Company’s total assets as of 30 June 2025 stood at approximately HK$109.4 million, while total liabilities amounted to approximately HK$63.6 million, leaving total equity at approximately HK$45.8 million.
The annual report also outlines the Board’s discussion on risk management, internal controls, and corporate governance measures. Management states its intention to pursue improved operating structures and reinforce data-driven approaches, particularly focusing on AI technology applications and digitalization-related services.
Looking ahead, the Board highlights continued commitment to prudent financial management, expansion in the digital sector, and close monitoring of global economic conditions. The directors also confirm no dividend was declared or recommended for the year ended 30 June 2025. The report further details compliance with applicable regulations in all operating regions, as well as the Company’s efforts in corporate governance.
A five-year financial summary at the end of the annual report indicates that the Group’s revenue and profitability have fluctuated, particularly reflecting the transition of the business model and shifts in advertising demand.
The full annual report is available from the Company’s official website and the Stock Exchange’s website. Shareholders and stakeholders seeking further data on audited financials, governance initiatives, and other disclosures can refer to the published document for details.