Quarterly ResultMay 13, 2026, 07:22 AM
CTW 1H26 Revenue $40.9M, Net Loss $1.2M; Adjusted EBITDA +16%
AI Summary
CTW reported financial results for the first half of fiscal 2026, with revenue declining 1% to $40.9 million and gross in-game purchases also down 1% to $48.6 million. Despite the top-line softness and a net loss of $1.2 million, the company demonstrated resilience with segment profit increasing 55% to $18.0 million and Adjusted EBITDA rising 16% to $4.3 million, driven by disciplined marketing optimization. CTW also launched seven new games and expanded its international presence with a New York office.
Key Highlights
- Revenue declined 1% to $40.9 million in 1H26 from $41.2 million in 1H25.
- Gross in-game purchases decreased 1% to $48.6 million in 1H26 from $49.1 million in 1H25.
- Segment profit increased 55% year-over-year to $18.0 million in 1H26.
- Adjusted EBITDA rose 16% year-over-year to $4.3 million (10.5% of revenue).
- Net Loss was $1.2 million, or $(0.02) per share, compared to net income of $0.6 million in 1H25.
- Launched seven new games on G123.jp, with 35 games live and 26 in pipeline.
- Opened a New York office to support international expansion efforts.
- Monthly Active Users (MAUs) decreased 39.3% to 1.98 million.