Smart Digital Group Ltd. reported full year (FY) results for the period ending September 30, 2024. Revenue from internet media services increased by multiples to USD 19.0 million, attributed to significant growth in customer demand during the period. Revenue in Mainland China rose by approximately USD 5.4 million and in Macau by approximately USD 7.3 million, while revenue in Singapore decreased by approximately USD 0.9 million, primarily due to no revenue generated from software customization and marketing services in the region for the fiscal year. Gross profit from internet media services reached USD 2.11 million, representing 72.6 percent of the total gross profit for the period. Gross profit from business planning and consulting services was USD 0.67 million, accounting for 23.0 percent of the total. During the fiscal year, Smart Digital Group Ltd. operated through three entities—SMART DIGITAL META PTE. LTD., AOSI PRODUCTION CO., LTD., and Xiamen Liubenmu Culture Media Co., Ltd.—delivering services in event planning and execution, internet media services, and software customization and marketing across Singapore, Macau, and Mainland China. The company highlighted that the increase in revenue was primarily driven by heightened demand for internet media services in the reporting period.
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