Venustech Group (002439) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was ¥640.81 million, down 30.54% year-over-year due to continued weak demand in the cybersecurity market.

• Net profit attributable to shareholders was ¥1.60 million, a significant turnaround from a loss in the prior year.

• Cost control and efficiency improvements led to a 41.8% reduction in operating costs and a 15% decrease in sales, management, and R&D expenses.

Financial highlights

• Operating income: ¥640.81 million, down 30.54% year-over-year.

• Net profit attributable to shareholders: ¥1.60 million, up 101.41% year-over-year.

• Basic and diluted EPS: ¥0.0013, up from -¥0.09 in the prior year.

• Net cash flow from operating activities: -¥209.54 million, a 77.24% decline year-over-year.

• Gross margin improved due to lower operating costs.

Outlook and guidance

• The cybersecurity market remains challenging with no significant recovery in downstream demand expected in the near term.