OSL GROUP (00863) issued a profit warning, expecting a net loss of approximately HK$370 million to HK$430 million for the year 2025, a reversal from profit to loss compared to the previous year.

OSL GROUP (00863) announced that it is expected to incur a net loss in its ongoing business operations in the 2025 financial year (ending on December 31, 2025) ranging from approximately HK$370 million to HK$430 million, while it achieved a surplus of approximately HK$55 million in its ongoing business operations in the financial year ending December 31, 2024 (2024 financial year), due to significant investments made by the Group to establish a solid foundation for future growth. Despite the expected net loss, the Group's business continues to show strong growth momentum: (i) Expected revenue from digital assets and blockchain platform business in the 2025 financial year (IFRS revenue) is expected to range between HK$450 million to HK$530 million, representing an increase of 20.0% to 41.3% from the IFRS revenue of approximately HK$375 million in the 2024 financial year; and (ii) Expected revenue from adjusted digital assets and blockchain platform business in the 2025 financial year (adjusted non-IFRS revenue) is expected to range between HK$490 million to HK$570 million, a significant increase of 129.0% to 166.4% from the adjusted non-IFRS revenue of approximately HK$214 million in the 2024 financial year, reflecting the continued growth of the Group's core business activities.