CTW Reports FY2026 Financial Results and Revenue

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IPO:
Aug 06, 2025
Industry:
COMPUTER PROCESSING & DATA PREPARATION

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CTW Announces Fiscal Year 2026 Financial Results

TOKYO, JAPAN, October 15, 2026 - CTW (Nasdaq: CTW), a leading game platform company providing global access to web-based games through its flagship platform G123.jp, reported its financial results for the fiscal year ended July 31, 2026.

During fiscal year 2026, CTW generated revenue of $82.5 million, marking a 9% decrease year-over-year. Despite the revenue decline, the company successfully increased its segment profits by 3% to $32.3 million. The net loss for the year was $4.1 million, or $0.07 per share, compared to a net income of $3.8 million in the previous fiscal year. Adjusted EBITDA stood at $3.5 million.

The company demonstrated strong financial discipline by reducing advertising expenses by 22% to $41.0 million, reflecting its ROAS-focused model. Furthermore, CTW ended the fiscal year with $14.4 million in cash and cash equivalents and no debt, supported by its recent IPO net proceeds.

Financial Highlights

  • Revenue: $82.5 million, down 9% year-over-year.
  • Segment Profits: $32.3 million, up 3% year-over-year.
  • Net Loss: $4.1 million ($0.07 per share).
  • Adjusted EBITDA: $3.5 million.
  • Cash and Cash Equivalents: $14.4 million with zero debt.

About CTW

We are a leading globally accessible, web-based gaming platform, offering players an immersive digital space through our flagship HTML5 platform, G123.jp. Our platform showcases a diverse selection of free-to-play games inspired by popular Japanese animations, including Queen’s Blade, So I’m a Spider, So What?, and Goblin Slayer. The HTML5-based G123.jp platform removes common barriers to gameplay, such as downloads, installations, and mandatory registrations, ensuring that seamless, instant access is available to players worldwide across different types of devices, including mobile devices beyond just PCs. As of the date of this prospectus, we have 28 games on our platform and 9 games in pre-registration. According to the Frost & Sullivan Report, we are the largest anime IP-based H5 games platform in 2023 in the world in terms of gross billings.

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