JS Global Lifestyle Company Limited (1691) announced that it anticipates a net loss for the year ended December 31, 2025, of no more than US$22.50 million, while its adjusted net profit is expected to be at least US$29.00 million. The company recorded a net profit of approximately US$8.80 million for 2024, with an adjusted net profit of about US$7.10 million.

The net loss in 2025 is primarily attributed to strategic investments in developing the Asia-Pacific market, a reduction in sourcing service income from a subsidiary of SharkNinja, and non-cash share-based payments. Excluding non-operating and non-cash items, the adjusted net profit rebounded significantly. The company cites recovery in core business revenue, improved operational efficiency, and continued cost controls as the main drivers of profitability.

According to the announcement, these figures are based on preliminary information and have not been audited. The final annual results for 2025 are scheduled for publication before the end of March 2026. The announcement advises caution when dealing in the shares and/or securities of JS Global (1691).