--- title: "Azeus’ FY2025 earnings surge 96% to $13.6m" type: "News" locale: "en" url: "https://longbridge.com/en/news/242750586.md" description: "Azeus reported a 96% increase in net profit for FY2025, reaching $26.7 million, up from $13.6 million the previous year. Revenue rose 44% year-on-year to $76.0 million, primarily driven by a 55% increase in Azeus Products revenue, which accounted for 83% of total revenue. The IT Services segment grew by 10% to $13.3 million, with recurring revenue from maintenance and support rising to $8.5 million, making up 11% of total revenue." datetime: "2025-06-02T06:31:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/242750586.md) - [en](https://longbridge.com/en/news/242750586.md) - [zh-HK](https://longbridge.com/zh-HK/news/242750586.md) --- # Azeus’ FY2025 earnings surge 96% to $13.6m **Revenue rose 44% YoY.** Azeus’ net profit for FY2025 nearly doubled to $26.7m (HK$166.9m), rising 96% year-on-year (YoY) from $13.6m (HK$85.0m) a year ago. The increase was driven by a 44% YoY growth in revenue to $76.0m (HK$474.8m) from $52.6m (HK$328.9m) in FY2024, mainly due to strong growth from Azeus Products. Azeus Products accounted for approximately 83% of the group’s total revenue, rising 55% YoY to $62.7m (HK$391.8m), driven by product license revenue from Convene and Convene Records, as well as implementation services revenue under the CERKS contract. Meanwhile, the remaining 17% was attributable to the IT Services line, which grew by 10% YoY to $13.3m (HK$83.0m). Recurring revenue from maintenance and support—part of IT Services revenue and accounting for 11% of total revenue in FY2025—also rose to $8.5m (HK$53.0m), representing approximately 64% of IT Services revenue. ### Related Stocks - [BBW.SG](https://longbridge.com/en/quote/BBW.SG.md) ## Related News & Research - [Why Is Oracle Stock Surging On Tuesday?](https://longbridge.com/en/news/285224480.md) - [The latest sign of Sandisk's ascent: It's now bigger than Western Digital, which spun it off](https://longbridge.com/en/news/285267162.md) - [GRAPHIC-Alphabet closes in on Nvidia's spot as world's biggest company](https://longbridge.com/en/news/285229840.md) - [Zuckerberg Just Put A Chunk of Meta's AI Bill On Wall Street's Credit Card](https://longbridge.com/en/news/285226487.md) - [ANALYSIS-Bets surge against Nike, heaping pressure on CEO Hill](https://longbridge.com/en/news/285248222.md)