Core Insights - Gamehaus Holdings Inc. reported its unaudited financial results for the second quarter of fiscal year 2026, showing a total revenue of $26.3 million, a 7.8% decrease from $28.5 million in the same quarter of the previous year, while net income increased by 151.2% to $0.9 million from $0.4 million [1][2][15] Financial Highlights - Total revenue for Q2 FY 2026 was $26.3 million, down from $28.5 million in Q2 FY 2025, primarily due to reduced user acquisition spending [8][9] - In-app purchases contributed $23.9 million, while advertising revenue was $2.4 million [2][9] - Total operating costs and expenses decreased by 10.1% to $25.4 million from $28.3 million in the previous year [12] - Operating income was $0.9 million with an operating margin of 3.3%, up from 0.8% in the prior year [13] - Net income attributable to shareholders was $0.9 million, or $0.02 per share, compared to $0.01 per share in the same quarter last year [15] User Engagement Metrics - Average Monthly Active Users (MAUs) decreased to 2,760 from 3,832 year-over-year [2] - Average Daily Active Users (DAUs) fell to 499 from 716 [2] - Average Revenue Per Daily Active User (ARPDAU) increased to $0.566 from $0.440 [2] Cost Management - Cost of revenue decreased by 10.2% to $12.2 million, attributed to lower platform fees and reduced profit-sharing payments [18] - Research and development expenses rose by 7.5% to $2.1 million due to strategic collaborations with developers [18] - Selling and marketing expenses decreased by 18.4% to $9.7 million, reflecting a decline in advertising costs [18] Business Outlook - For Q3 FY 2026, the company expects total revenue to be between $24 million and $26 million, indicating a cautious outlook based on current market conditions [19] - The company is focusing on a diversified product pipeline in RPG and Puzzle genres, with multiple titles in development [11][19] Share Repurchase Program - The board approved a share repurchase plan with a maximum value of $5 million, with approximately 370,000 shares repurchased for about $459,000 as of December 31, 2025 [20][21]
Gamehaus Holdings Inc. Announces Unaudited Financial Results for the Second Quarter of Fiscal 2026 Ended December 31, 2025
Prnewswire·2026-03-23 10:00