November 17, 2025
One Great Studio Company Limited (1GS)
Unaudited financials for the nine months ended September 30, 2025:
One Great Studio Company Limited (1GS) for the nine months ended September 30, 2025, reported a 8% increase in Revenue totaling $281.91 million compared to $261.45 million in the corresponding period last year. Revenue for the third quarter had a 17% increase to close at $100.52 million compared to $86.13 million for the comparable quarter of 2024.
Cost of sales amounted to $191.28 million (2024: $164.69 million), this represents an increase of 16% year over year. Consequently, gross profit decreased by 6% to $90.63 million compared to $96.76 million for the nine months ended September 30, 2024. The company booked gross profit of $32.62 million for the third quarter versus $30.09 million reported for the similar quarter of 2024.
Administrative expenses increased by 53% to close at $103.01 million (2024: $67.35 million), while Operating profit decreased by 142% from $29.41 million in 2024 to operating loss of $12.39 million in the period under review. Also, other income for the nine months ended September 30, 2025, amounted to $5.60 million, a 61% decrease relative to $14.37 million reported in 2024.
EBITDA for the nine months ended September 30, 2025, amounted to loss of $8.17 million, a 120% decrease relative to income of $41.32 million reported in 2024. EBITDA for the third quarter amounted to a loss of $1.02 million (2024: Income of $11.66 million).
Interest expense totalled $2.00 million a 21% decrease from the corresponding period last year. (2024: $2.53 million).
Loss before Taxation for the nine months ended September 30, 2025, amounted to $21.23 million, a 168% decrease relative to Profit before taxation of $31.44 million reported in 2024. Loss before Taxation for the third quarter amounted to $5.76 million (2024: Pre-tax profit of $7.34 million).
No taxes were reported for the period, (2024: Tax charge of $851,911). As such, Net loss for the nine months amounted to $21.23 million, a 169% decrease from the $30.58 million net profit reported in 2024. For the third quarter, Net loss was $5.76 million (2024: Net profit of $6.98 million).
Consequently, Loss Per Share for the nine months amounted to $0.01 (2024: EPS: $0.02), while Loss Per Share for the quarter totaled $0.003 (2024: EPS: $0.004). The twelve-month trailing LPS was $0.01 and the number of shares used in these calculations was 1,693,131,075.
Notably, 1GS’s stock price closed the trading period on November 17, 2025 at a price of $0.34.
Balance Sheet Highlights
The company’s assets totalled $683.71 million (2024: $655.43 million). 1GS highlighted, “Total Assets increased by 4.3% to J$28.29 million, primarily driven by a 28.3% rise in non-current assets linked to an increase in intangible assets from the DRT acquisitions.”
Shareholder’s equity was $589.25 million (2024: $603.37 million), representing a book value per share of $0.35 (2024: $0.36).
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