JS Global Lifestyle Reports 4.2% Revenue Increase and US$53.7 Million Net Loss for H1 2025

Reuters
Aug 29
JS Global Lifestyle Reports 4.2% Revenue Increase and US$53.7 Million Net Loss for H1 2025

JS Global Lifestyle Co. Ltd. has announced its unaudited consolidated interim results for the six months ended June 30, 2025. The company reported a revenue of $774.1 million, marking a year-on-year increase of 4.2%. Gross profit for the reporting period was $248.5 million, which represents a year-on-year increase of 1.1%. However, the company reported a net loss of $53.7 million, a significant change from a net profit of $29.6 million in 2024, indicating a year-on-year decrease of 281.4%. The adjusted net profit stood at $13.5 million, down by 26.6% compared to the previous year. EBITDA loss for the period was reported at $44.6 million, in contrast to an EBITDA of $41.7 million in 2024, resulting in a year-on-year decrease of 207.0%. Adjusted EBITDA also saw a decline of 25.9% year-on-year, amounting to approximately $22.6 million. In terms of segment performance, the Joyoung segment reported sales of goods amounting to $539.2 million, while the SharkNinja APAC segment reported sales of $230.1 million. The total revenue from the sale of goods was $769.3 million for the period. No specific outlook or guidance for future periods was provided in the announcement.

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