Y Ventures FY2025 loss widens 37% to US$0.55m on 24% revenue slide, but working capital still positive and data‑solutions income starts to kick in
Summary:
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Full-year revenue fell 23.9% to US$17.9 million as online book sales declined, though gross margin improved from 41.0% to 42.8% on tighter cost of sales and pricing discipline.
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Net loss after tax increased to US$0.55 million from US$0.40 million, with operating loss rising despite a 21.7% cut in selling and distribution expenses and a slight 1.7% reduction in administrative costs.
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Other income more than doubled to US$0.31 million, supported by initial contributions from the Group’s data‑solutions business in 2H 2025.
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Net cash used in operations was US$0.71 million, while cash and bank balances fell to US$0.75 million from US$1.66 million; inventories were reduced by US$5.75 million and trade payables by US$7.05 million, leaving positive working capital of about US$1.11 million.
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Equity attributable to shareholders slipped to US$1.33 million (NAV 0.27 US cents per share) from US$1.88 million, and no dividend was declared as the Group moves to conserve cash in uncertain market conditions while integrating the Sumazon AI‑enabled online study platform.