1GS reports year end net loss of $24.63 million

March 3, 2026

One Great Studio Company Limited(1GS)

Audited financials for the year ended December 31, 2025:

One Great Studio Company Limited (1GS) for the year ended December 31, 2025, reported a 10% increase in Revenue totaling $376.06 million compared to $342.32 million in the corresponding period last year. Revenue for the fourth quarter had a 16% increase to close at $94.15 million compared to $80.87 million for the comparable quarter of 2024.

Cost of sales amounted to $254.76 million (2024: $213.83 million), this represents a increase of 19% year over year. Consequently, gross profit decreased by 6% to $121.30 million compared to $128.49 million for the year ended December 31, 2024. The company booked gross profit of $30.67 million for the fourth quarter versus $31.73 million reported for the similar quarter of 2024.

Administrative expenses increased by 61% to close at $140.36 million (2024: $87.43 million). Consequently, Operating profit decreased by 146% from $41.05 million in 2024 to operating loss of $19.06 million in the period under review.

Other income for the year ended December 31, 2025, amounted to $7.59 million, a 57% decrease relative to $17.52 million reported in 2024, while other expenses decreased by 84% from $5.96 million in 2024 to $978,508 in 2025. As a result, LBITDA for the year ended December 31, 2025, amounted $12.45 million, a 124% decrease relative to EBITDA of $52.61 million reported in 2024. LBITDA for the fourth quarter amounted to $4.28 million (2024: EBITDA of $11.29 million).

Depreciation and amortization totalled $15.16 million a 36% increase from the corresponding period last year. (2024: $11.13 million).

Loss before Taxation for the year ended December 31, 2025, amounted to $30.32 million, a 180% decrease relative to Pre-tax profit of $37.87 million reported in 2024. Loss before Taxation for the fourth quarter amounted to $9.09 million (2024: Pre-tax profit $6.44 million).

Tax credit for the year ended December 31, 2025, amounted $5.69 million (2024: Tax charge of $2.19 million). As such, Net Loss for the year amounted to $24.63 million, a 169% decrease from the $35.68 million net profit reported in 2024. For the fourth quarter, Net Loss was $3.40 million (2024: Net profit of $5.10 million).

Consequently, Loss Per Share for the year amounted to $0.01 (2024: EPS: $0.02), while Loss Per Share for the quarter totaled $0.002 (2024: EPS: $0.003). 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 March 02, 2026, at a price of $0.36.

Balance Sheet Highlights

The company’s assets totalled $676.53 million (2024: $678.42 million).

Shareholder’s equity was $585.10 million (2024: $609.15 million), representing a book value per share of $0.35 (2024: $0.36).

Disclaimer:

Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report.

Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
MIL
March 3, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 13, 2026, was J$8.80. MJE’s cl…
shutterstock_382756177
March 2, 2026 Sagicor Real Estate X Fund LTD (XFUND) Unaudited financials for the twelve months ended December 31, 2025: Sagicor Real Estate …
shutterstock_382756177
March 2, 2026 Jamaica Stock Exchange Limited(JSE) Audited financials for the twelve months ended December 31, 2025: Jamaica Stock Exchange …
shutterstock_382756177
March 2, 2026 Supreme Ventures Limited(SVL) Audited financials for the twelve months ended December 31, 2025: Supreme Ventures Limited (SVL),…
shutterstock_382756177
March 3, 2026 One Great Studio Company Limited(1GS) Audited financials for the year ended December 31, 2025: One Great Studio Company Limited…
shutterstock_537598660
March 03, 2026 Jamaica Producers Group Limited (JP) Audited financials for the twelve months ended December 31, 2025: Jamaica Producers Group Lim…
shutterstock_537598660
March 03, 2026 Kingston Wharves Limited (KW) Audited financials for the twelve months ended December 31, 2025: Kingston Wharves Limited (KW) for th…
shutterstock_382756177
March 3, 2026 Pan Jamaica Group Limited (PJAM) Audited financials for the year ended December 31, 2025: Pan Jamaica Group Limited (PJAM) for …