MOGU Inc. reported its unaudited financial results for the six months ended September 30, 2025. The company recorded net revenues of CNY 60.6 million, with commission revenues at CNY 33.7 million, financing solutions revenues at CNY 3.5 million, and technology service revenues at CNY 23.4 million. Gross merchandise value (GMV) increased by 24% year-over-year during the period. Total revenue grew by 11%. Net income attributable to shareholders for the six months ended September 30, 2025, was CNY 50.5 million (USD 7.1 million). Adjusted EBITDA for the period was negative CNY 26.6 million (USD 3.7 million). Adjusted net loss for the half year was CNY 33.1 million (USD 4.6 million). Basic and diluted income per ADS for the six months ended September 30, 2025, were CNY 6.17 (USD 0.87) and CNY 5.46 (USD 0.77), respectively.
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