ASBISc Enterprises (ASB) Q3 2025 earnings summary

Executive summary

• Completed due diligence for Matrix Media acquisition and CPT Praha, enhancing retail and audio distribution portfolios.

• Opened new distribution center in Kazakhstan, expanding total capacity to 70,000 sq m.

• Declared interim dividend of $0.20 per share for 2025, continuing a decade-long policy of distributing up to 50% of profits.

• Achieved record high revenue and profitability in Q3 and 9M 2025, driven by AI infrastructure, data centers, and smartphones.

• Paid over $130 million in dividends since 2016, with a commitment to ongoing payouts.

Financial highlights

• Q3 2025 revenue rose 29% year-over-year to $929.5M; 9M 2025 revenue up 26% to $2.62B.

• Q3 2025 net profit increased 23% to $11.6M; 9M 2025 net profit up 5% to $31.1M.

• Gross profit margin for Q3 2025 was 7.03%; for 9M 2025, 6.90%.

• EBITDA for Q3 2025 was $25.7M; for 9M 2025, $70.1M.

• Weighted average cost of debt for nine months decreased to 8.1% from 9.9% last year.

Outlook and guidance

• Expect continued growth in Q4 2025 due to seasonality, new Apple product launches, and ongoing AI demand.

• Aims to surpass 2025 results in 2026, focusing on new products, own brands, and expansion in CIS, Europe, Africa, and the USA.

• Plans to optimize SG&A costs, elevate gross profit margin, and continue strong dividend payments.

• No official financial forecast for 2025 was published due to global uncertainty.

• Project ongoing expansion in Western Europe and Africa, with new retail stores and geographic reach.