14 May 2025 – Asphere Innovations Public Company Limited (SET: AS) has announced its Q1/2025 financial results, reporting total revenue of THB 242.9 million and net profit of THB 39.3 million, representing an increase of 4.7% and 51.2% quarter-on-quarter, respectively. The strong performance was driven by the continued stability of revenue from its core classic games in major markets, the launch of Granado Espada Mobile on 4 March 2025 in Singapore, Malaysia, and the Philippines, as well as efficient cost management.

However, on a year-on-year basis, both revenue and net profit declined by 30.9% and 48.9%, respectively. This was due to a decrease in the number of active game titles. The company continues to focus on selecting high-potential games with sustainable revenue prospects to reinforce long-term growth.

In its online games business (PlayPark), the company undertook a strategic management restructuring by strengthening its Regional Product Team to better address the unique needs of each market. This new structure enhances cross-country agility, reduces operational redundancy, and improves resource efficiency across Southeast Asia. In addition, the company is preparing to launch its next major title, MU Monarch 2, a cross-platform game available on both mobile and PC, scheduled for release in Q3 this year. The title is considered a key focus due to its strong monetization potential and established fan base.

Furthermore, the company has expanded into high-potential technology sectors by investing in Greenmoons Co., Ltd., an education technology platform developer, acquiring 16.9% of its registered capital. This move aligns with Asphere’s strategic direction to diversify its portfolio and capture growth opportunities in emerging digital industries. The investment in EdTech is part of the company’s long-term vision to build a diverse and sustainable investment ecosystem.

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