Strong Net Income Growth
Net income for the third quarter of 2025 was $9.3 million, compared to $3.4 million in the same period of 2024, showing significant growth.
Growth in Monthly Active Users
Average monthly active users (MAUs) in the third quarter were 761,586, representing an increase of 11.9% from 680,609 in 2024. Specific growth in GlocalMe IoT, GlocalMe Sync, and GlocalMe Live business lines saw increases of 593.3%, 188.2%, and 382.3%, respectively.
GlocalMe Product Line Expansion
Remarkable year-over-year MAU growth for GlocalMe SIM (382.3%), GlocalMe IoT (188.2%), and GlocalMe Live (593.3%).
Introduction of Petfone
Petfone launched in September 2025 in Hong Kong and the Middle East, generating orders for approximately 40,000 units. Recognized as an honoree at the IFA Innovation Awards.
Expansion in China Market
Revenue from Mainland China contributed 35.1% of total revenue, a significant increase from the previous year.
Gross Margin Improvement
Overall gross margins increased to 53.6% in 2025 from 48.4% in 2024.