financial results

Duluth Trading Company reported Q1 2025 results, with net sales of $102.7 million and a net loss of $15.3 million. New leadership is focused on streamlining operations and optimizing costs. Initiatives include brand focus and product portfolio review. The company reaffirms its 2025 financial guidance.

Clean Air Metals Inc. has released its audited financial statements for the fiscal year ending January 31, 2025. Key figures include total assets of $37.9 million and a net loss of $3.1 million. The company will hold its Annual General Meeting on July 29, 2025. Clean Air Metals is advancing its Thunder Bay North project and expects to release a new Preliminary Economic Assessment this fall.

YANGAROO Inc. reported its eleventh consecutive quarter of positive normalized EBITDA, reaching $264,251 for Q1 2025. Despite a 7% year-over-year revenue decrease due to reduced advertising and music video deliveries, the company improved its operating income through operational efficiencies and cost control. The company is also focused on growth strategies and platform investments.

JOYY Inc. reported strong Q1 2025 results, showcasing revenue of $494.4 million. Non-livestreaming revenue surged 25.3% year-over-year, representing 24.9% of total revenue. Significant growth was observed in both GAAP and non-GAAP operating profit, with operational efficiency reflected in operating margins. The company also returned value to shareholders through dividends and share repurchases, and is focusing on diversification through core livestreaming and the expanding BIGO Ads platform.

Silvercorp Metals reported robust fiscal 2025 results with annual revenue up 39% to $298.9 million and adjusted net income of $75.1 million. Q4 revenue surged 76% YoY to $75.1 million, though a $20.6 million derivative charge led to a $7.6 million net loss. The company achieved record-low cash costs ($2.49/oz silver net of byproducts) and doubled cash reserves to $369 million. Key developments include the $181 million Adventus Mining acquisition and $138.6 million operating cash flow funding growth projects. Despite base metals volatility, Silvercorp maintained its dividend streak and strengthened its position in precious/base metals markets.

DouYu International Holdings reported mixed Q1 2025 results, with revenue declining 8.9% YoY to RMB947.1 million ($130.5 million) due to reduced livestreaming activity. However, gross margins improved to 12%, and net losses narrowed significantly (-9.5% YoY), aided by cost optimization efforts. Strategic shifts showed promise, as voice-based social networking and game membership services surged 60.2% to 40.4% of total revenue. Mobile MAUs fell 8.7% to 41.4 million amid reduced low-ROI content, while paying livestreaming users dropped to 2.9 million. Cash reserves fell to RMB2.3 billion ($318.2 million) post-$300 million dividend payout. Executives emphasized focusing on high-margin verticals and sustainable growth in China’s competitive digital entertainment market.