Crazy Sports Group Limited Reports 26.8% Decrease in Total Revenue to HK$152.5 Million for Period Ending June 2025, Net Loss Stands at HK$16.6 Million

Crazy Sports Group Limited released its interim report for 2025, detailing significant variations in its financial performance. During the period, revenue from sports and leisure games decreased by 39.3%, approximately HK$30.2 million, compared to the corresponding period of 2024. This decline was attributed to a reduction in the number of games with low return rates and a strategic focus on penetrating overseas markets, with overseas revenue accounting for 9.1% of the total gaming revenue. Revenue generated from the paid sports information platform amounted to approximately HK$97.9 million, a decrease of approximately HK$27.1 million or 21.7% compared to the same period in 2024. This decline was influenced by the cyclical nature of major sports events and the transformative challenges posed by AI technology. Despite these declines, the Group recorded a net gain of approximately HK$4.6 million in other gains and losses for the period, primarily due to a fair value gain from financial assets. This contrasts with a loss of approximately HK$7.9 million in the previous year. The Group’s total number of platform users increased by 7.5%, reaching 114.0 million users, reflecting the Group’s efforts in enhancing user experience and operational efficiency through advancements in AI technology and content quality. The Group also reported a substantial breakthrough in its globalisation strategy within the gaming business. Looking ahead, Crazy Sports Group Limited aims to leverage its technological advantages and high-quality content ecosystem to solidify its leadership in the paid sports information platform, expecting growth in user scale and paid conversion rates. The Group is also focused on intensifying R&D efforts for AI technology breakthroughs, aiming to establish future revenue growth points. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crazy Sports Group Limited published the original content used to generate this news brief on September 17, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here