Core Insights - The company reported a total revenue of approximately RMB 4.047 billion for the fiscal year ending September 30, 2025, representing a year-on-year growth of 33%, and a net profit of approximately RMB 520 million, up 54% year-on-year, driven by diversified strategies and the "entertainment + AI" initiative [1] Financial Performance - Total revenue reached approximately RMB 4.047 billion, a 33% increase year-on-year [1] - Net profit was approximately RMB 520 million, reflecting a 54% year-on-year growth [1] - Revenue from performance content and technology business was RMB 1.339 billion, up 15% year-on-year [1] - Revenue from IP derivative business was RMB 1.160 billion, showing a significant increase of 105% year-on-year [1][4] User Growth and Market Position - The platform's user base surpassed 300 million, maintaining a leading position in the global industry [2] - The platform completed over 2,500 large-scale live performances during the reporting period, a 19% increase year-on-year [2] - The company has upgraded its app to enhance user experience through AI-driven services [2] Content and Performance - The company hosted high-quality events such as the "2025 Anaya·Xiami Music Festival" and "Yiyang Qianxi 2025 Concert," with live entertainment content revenue growing over 50% year-on-year [3] - The company is expanding its international presence, targeting Southeast Asia and Japan/Korea as starting points for global operations [3] IP Derivative Business - The IP derivative business, centered around Aliyu, achieved revenue of approximately RMB 1.160 billion, with a year-on-year growth of 105% [4] - Aliyu has established partnerships with numerous high-quality IPs and brands, enhancing its market presence [4][5] Innovation and Technology - The company is leveraging AI technology across various sectors, including film and theater, to enhance service quality and operational efficiency [6] - The company has developed a comprehensive content production and reserve system, with over 20 projects in the pipeline [7] Strategic Outlook - The company aims to continue focusing on content IP as a core driver, emphasizing business innovation and user value, while expanding its international market and enhancing the scale of IP derivatives [7]
大麦娱乐发布中期业绩：多元布局驱动业务结构性升级，归母净利润同比增长54%