Winking Studios forecasts at least 40% FY2025 revenue jump

SGX Filings

Jan 30

Winking Studios Limited (WKS) said on Jan, 30 2026 that it expects full-year 2025 revenue to rise by at least 40% from the 31.9 million Singapore dollars reported in 2024, marginally ahead of the market consensus of 43.6 million Singapore dollars.

Adjusted EBITDA for the year is projected to increase by about 7%-13% from the 4.8 million Singapore dollars recorded in 2024 to between 5.1 million and 5.4 million Singapore dollars.

The company attributed the performance mainly to the April 2025 acquisition of Shanghai Mineloader Digital Technology and mid-to-high single-digit organic growth across its other studios.

As of Dec, 31 2025, indicative artist bookings stood at about 48.6 million Singapore dollars for the next 24 months, with roughly 34.6 million Singapore dollars expected to be recognised as revenue in 2026.

Winking Studios plans to release its unaudited FY2025 results on Feb, 27 2026.

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