Polibeli FY25 net loss narrows 45.6% to US$5.97 million; revenue falls 12.6% to US$26.42 million

• Polibeli posted a fiscal 2025 net loss of US$5.97 million, narrowing from fiscal 2024.
• Revenue fell 12.6% to US$26.42 million, driven by a 16.8% drop in global goods trading to US$24.15 million.
• Operating loss improved to US$7.56 million from fiscal 2024.
• Gross margin expanded 3.5 percentage points to 7.3%, while other revenue more than doubled to US$2.27 million on higher investment in Japan.
• Management said it remains optimistic about growth as it expands operations, while also citing mitigation plans including up to US$27 million in related-party financial support and a US$7.15 million revolving trade finance facility.

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