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GlobeNewsWire
1 month ago
CTW Announces Financial Results for First Half of Fiscal 2026
TOKYO, May 13, 2026 (GLOBE NEWSWIRE) -- CTW (Nasdaq: CTW) (“the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, reports financial results for the six months ending January 31, 2026 (“1H26”), highlighting the resilience of its asset-light operating model, which drove significant improvement in segment profitability and Adjusted EBITDA despite modest year-over-year revenue softness. 1H26 Financial and Business Highlights Revenue of $40.9 million in 1H26, a decline of 1% from $41.2 million in the six months ended January 31, 2025 (“1H25”) Segment profit increased 55% year-over-year and Adjusted EBITDA increased 16% year-over-year, demonstrating the flexibility of CTW's asset-light operating model and disciplined marketing optimization Launched seven new games on G123.jp; Crayon Shinchan My Sugoroku Great Strategy has become one of the Company's largest titles by in-game purchases 35 games were live on G123.jp as of January 31, 2026, with 6 titles in pre-registration and 20 in backlog Opened a New York office to support marketing, partnerships, and user acquisition for international expansion Comments from Ryuichi Sasaki, Founder, CEO, and Chairman of CTW “Gross in-game purchases and revenue each declined by 1% in the first half of fiscal 2026 compared to the first half of fiscal 2025, primarily due to softer-than-expected monetization from new titles, ongoing lifecycle trends in legacy games, and moderated player engagement.