Financial Data and Key Metrics Changes - Revenue for fiscal year 2025 grew 32% year over year to $98.4 million, driven by seven new game launches generating approximately $32.3 million [3][4] - Operating loss recorded at $1.1 million compared to operating income of $6.7 million in the previous year, attributed to strategic investments in AI and marketing [4][5] - Adjusted EBITDA decreased to $8 million from $12 million in fiscal year 2024, reflecting higher personnel and marketing investments [5][6] - Cash and cash equivalents stood at $12.2 million as of July 31, 2025, with no debt on the balance sheet [6] Business Line Data and Key Metrics Changes - Segment profit increased by $4.3 million year over year to $31.3 million, indicating improved operational efficiency [5] - The two top-performing titles were "So I'm a Spider, So What? - Ruler of Labyrinth" contributing $14.2 million and "Arifureta: Rebellion's Soul" contributing $9.3 million [3][4] Market Data and Key Metrics Changes - Growth was strong across all major regions, with significant international expansion noted, particularly outside Japan [4][6] - The company is focusing on enhancing advertisement spending in markets outside Japan to support growth [14] Company Strategy and Development Direction - The company plans to translate recent investments into growth and operating leverage, with a focus on AI systems and creative infrastructure [7][8] - Expansion into the U.S. market is a priority, with plans to open a new office in New York City to build local capabilities [7][8] - The company aims to maintain financial discipline while investing in talent, infrastructure, and marketing expansion [7][8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued top-line growth driven by an expanding global presence and upcoming releases [7][8] - The company anticipates increased operating expenses due to investments in talent and infrastructure but remains focused on long-term value creation [7][8] Other Important Information - The company completed its initial public offering on Nasdaq, raising $12 million in gross proceeds [6] - The return on advertising spend improved significantly, indicating effective allocation of marketing resources [5][6] Q&A Session Summary Question: What is driving accelerated revenue growth in the second half? - The growth is attributed to the addition of new titles and increased advertisement spending in international markets [12][13][14] Question: What is the expected timeline for launching games in pre-registration and backlog? - Most games in pre-registration are expected to launch within the current fiscal year, with efforts to expedite the process [17][18][19] Question: What are the expectations for the North American market? - The North American market is expected to grow significantly, with potential to match or exceed the Japanese market in certain titles [21][22][23] Question: What sets CTW apart from its competitors in securing attractive anime IP? - Strong relationships with IP holders, a frictionless HTML5 platform, and advanced AI-backed marketing tools are key competitive advantages [24][25] Question: What initiatives are in place for growing the U.S. market? - The company is focusing on organic growth and exploring M&A opportunities, particularly with local marketing channels [29][31] Question: Do you expect U.S. users to become higher spenders than those in Japan? - There is potential for North American users to become significant spenders, with expectations of increased whale customers in the region [30][32][33] Question: What capabilities are being developed in AI-driven user acquisition? - Investments are being made in optimizing advertisement management systems and enhancing AI tools for game development and marketing [39][40][41]

Core Insights - CTW Cayman reported a revenue of $90.4 million for fiscal year 2025, reflecting a 32% increase compared to $68.4 million in fiscal year 2024, with a notable acceleration of 41% growth in the second half of the year [3][4][21] - The company successfully launched seven new games in fiscal 2025, generating $32.3 million in revenue, which helped offset the decline in revenue from older titles [3][5][4] - The company is focusing on expanding its user base beyond Japan, with users outside Japan accounting for 30% of revenue in fiscal 2025, up from 19% in the previous year [3][4] Financial Performance - Revenue for fiscal 2025 was $90.4 million, a 32% increase from $68.4 million in fiscal 2024, with in-game purchases rising 27% year-over-year to $107.0 million [4][21] - Net income for fiscal 2025 was $3.8 million ($0.06 per share), down from $6.0 million ($0.10 per share) in fiscal 2024 [7][21] - Adjusted EBITDA for fiscal 2025 was $8.0 million, compared to $12.0 million in fiscal 2024 [7][21] Game Launches and Pipeline - In fiscal 2025, CTW launched seven new games, including popular titles such as "So I'm a Spider, So What?" and "Ruler of the Labyrinth," bringing the total active games to 29 [3][4] - The company has a robust pipeline for fiscal 2026, with 24 games in backlog, including titles based on well-known anime IPs [3][4] Market Expansion and Strategy - The company has made significant investments in R&D and personnel, particularly in Shanghai and Taipei, to enhance its AI capabilities and scalability [3][4] - Initial investments in North America are underway, targeting a large and relatively untapped market [3][4] Key Operating Metrics - Daily active users (DAUs) increased to 264,149 in fiscal 2025 from 197,100 in fiscal 2024, while paying daily active users (PDAUs) rose to 17,458 from 16,446 [16] - The average revenue per paying daily active user (ARPPDAU) increased to $16.79 in fiscal 2025 from $14.07 in fiscal 2024 [16] - Return on advertisement spend (ROAS) improved to 116.4% in fiscal 2025 from 99.3% in fiscal 2024 [6][16]

Core Viewpoint - CTW Cayman, a leading game platform company, is set to release its financial results for the six months and fiscal year ended July 31, 2025, on November 17, 2025, after market close [1] Company Overview - CTW Cayman is recognized for providing global access to web-based, free-to-play games inspired by popular Japanese animations, including titles such as "So I'm a Spider, So What?" and "Queen's Blade Limit Break" [3] - The company operates its flagship HTML5 platform, G123.jp, which is noted as the largest anime IP-based H5 game platform globally in terms of gross billings as of 2023, according to a Frost & Sullivan Report [3]

Core Insights - CTW Cayman, a leading game platform company, will participate in the Planet MicroCap Showcase Conference on October 22-23, 2025, in Toronto [1][2] - The company is recognized as the largest anime IP-based H5 game platform globally in 2023, according to a Frost & Sullivan Report [3] Company Overview - CTW provides global access to web-based, free-to-play games inspired by popular Japanese animations, including titles like "So I'm a Spider, So What?" and "Queen's Blade Limit Break" [3] - The flagship platform, G123.jp, is designed to deliver these games to a worldwide audience [3] Conference Participation - Management will present at 1 p.m. ET on October 22, followed by investor meetings throughout the conference [2] - The presentation will be accessible on CTW's investor relations page [2]

Core Viewpoint - CTW Cayman is a leading game platform company that provides global access to web-based, free-to-play games inspired by popular Japanese animations, and will participate in the Lake Street Capital Markets Best Ideas Growth Conference in New York City on September 11, 2025 [1]. Group 1: Company Overview - CTW Cayman operates the flagship HTML5 platform, G123.jp, which showcases a diverse selection of free-to-play games [1][3]. - The company was recognized as the largest anime IP-based H5 game platform in the world in 2023 in terms of gross billings, according to a Frost & Sullivan Report [3]. - CTW focuses on helping game developers generate revenue from Japanese anime IP by reaching a global player audience [3]. Group 2: Business Model and Strategy - CTW shares revenue generated from players' in-game purchases worldwide with game developers [3]. - The company leverages established relationships with leading Japanese animation IP holders to offer premium IP content and resources, along with distribution and marketing services to game developers [3]. - By collaborating with skilled game developers, CTW aims to deliver high-quality, animation-themed gaming experiences to gamers globally [3].

Company Overview - CTW Cayman is a leading game platform company that provides global access to web-based, free-to-play games inspired by popular Japanese animations through its flagship HTML5 platform, G123.jp [3] - The company was recognized as the largest anime IP-based H5 game platform in the world in 2023 in terms of gross billings according to a Frost & Sullivan Report [3] Recent Developments - CTW is scheduled to ring the Nasdaq Stock Market Opening Bell on August 18, 2025, marking a significant moment for the company following its public listing earlier in the month [1][2] - Ryuichi Sasaki, the Founder, CEO, and Chairman of CTW, emphasized the importance of this event for the company and its investors, highlighting the growth potential in the global gaming market [2] Business Model and Strategy - CTW focuses on providing a comprehensive platform that enables game developers to generate revenue from Japanese anime IP by reaching a global player audience [3] - The company shares revenue from players' in-game purchases with game developers and offers premium IP content, distribution, and marketing services [3]

Company Overview - CTW Cayman is a leading game platform company that provides global access to web-based, free-to-play games inspired by popular Japanese animations through its flagship HTML5 platform, G123.jp [6] - The company was recognized as the largest anime IP-based H5 game platform in the world in 2023 in terms of gross billings according to a Frost & Sullivan Report [6] Initial Public Offering (IPO) - CTW announced the closing of its initial public offering of 2,400,000 Class A ordinary shares at a public offering price of $5.00 per share, resulting in gross proceeds of $12.0 million before deductions [1] - The Ordinary Shares began trading on The Nasdaq Capital Market under the ticker symbol "CTW" on August 6, 2025 [1] - The underwriters have an option to purchase an additional 360,000 Ordinary Shares at the initial public offering price within 45 days from the closing of the Offering [2] Legal and Regulatory Information - A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission and was declared effective on July 30, 2025 [4] - The Offering is being made only by means of a prospectus forming part of the registration statement [4] Business Model and Strategy - CTW focuses on providing a comprehensive platform that helps game developers generate revenue from Japanese anime IP by reaching a global player audience [6] - The company shares revenue generated from players' in-game purchases with game developers and offers premium IP content, distribution, and marketing services [6]

Core Viewpoint - CTW Cayman is set to launch its initial public offering (IPO) of 2,400,000 Class A ordinary shares at a price of $5.00 per share, aiming to raise $12.0 million to support global market expansion initiatives and general working capital [1][2][3]. Group 1: Offering Details - The IPO will consist of 2,400,000 Class A ordinary shares priced at $5.00 each, with trading expected to begin on August 6, 2025, under the ticker symbol "CTW" [1]. - The company anticipates gross proceeds of $12.0 million from the offering, before deducting underwriting discounts and expenses [2]. - Underwriters have a 45-day option to purchase an additional 360,000 shares at the public offering price [2]. Group 2: Use of Proceeds - Approximately 85% of the net proceeds from the offering will be allocated to support the company's global market expansion initiatives, while the remaining funds will be used for general working capital and other corporate purposes [3]. Group 3: Company Background - CTW Cayman is a leading game platform company that provides access to web-based, free-to-play games inspired by popular Japanese animations through its HTML5 platform, G123.jp [7]. - The company was recognized as the largest anime IP-based H5 games platform globally in 2023, according to a Frost & Sullivan report [7]. - CTW collaborates with game developers to generate revenue from in-game purchases, leveraging relationships with Japanese animation IP holders to offer premium content and support [7].