POWERWIN TECH (02405) has announced that the group expects revenue for the fiscal year ending December 31, 2025, to be approximately $4.4 million to $4.8 million. This compares to revenue of about $13.5 million for the previous fiscal year ended December 31, 2024. Furthermore, the company forecasts a net loss attributable to equity shareholders of approximately $4.3 million to $4.7 million for the 2025 fiscal year, a significant shift from the net profit of about $0.6 million recorded in the 2024 fiscal year.

The board of directors attributes the anticipated revenue decline and resulting loss for the current year to several key factors. A substantial reduction in digital advertising budgets by the group's clients, driven by global economic volatility and geopolitical uncertainties, has led to the decrease in revenue. Additionally, the group is strategically reducing the revenue contribution from its standardized digital marketing services and shifting its business focus to its remaining operational segments. As a prudent measure, the group has also increased its provision for bad debts, reflecting the extended collection periods from certain customers.