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Cre8 Enterprise Limited Announces Its First Half 2025 Unaudited Financial Results

Cre8 Enterprise (Nasdaq: CRE) reported unaudited results for the six months ended June 30, 2025.

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Cre8 Enterprise (Nasdaq: CRE) reported unaudited results for the six months ended June 30, 2025. Revenue rose ~1.4% to HK$58.8 million (US$7.5M). Net income increased ~63.7% to HK$8.0 million (US$1.0M) and basic and diluted EPS were HK$0.36 (US$0.05) versus HK$0.22 a year earlier. IPO-related revenue grew ~45.1% to HK$24.6 million, while non-IPO revenue fell ~16.7% to HK$34.1 million. Gross profit declined ~2.6% to HK$27.6 million. Cash and cash equivalents were HK$11.3 million at June 30, 2025. The company completed its Nasdaq IPO in July 2025, raising gross proceeds of $6.67 million.

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Positive

  • Revenue +1.4% to HK$58.8 million
  • Net income +63.7% to HK$8.0 million
  • IPO-related revenue +45.1% to HK$24.6 million
  • EPS improved to HK$0.36 from HK$0.22

Negative

  • Gross profit down 2.6% to HK$27.6 million
  • Cash decreased to HK$11.3 million at June 30, 2025
  • Accounts receivable increased by HK$7.4 million
Argus Dec 2 session
-4.63% close to close Open Argus
Details

News Market Reaction – CRE

In the Dec 2 session, CRE declined 4.63%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details first-half 2025 performance, with revenue of HK$58.8 million, net income o...
Analysis

This announcement details first-half 2025 performance, with revenue of HK$58.8 million, net income of HK$8.0 million, and EPS of HK$0.36, supported by growth in IPO-related printing revenue but softer non-IPO demand and lower gross profit of HK$27.6 million. It also references the July Nasdaq listing that raised US$6.67 million. Investors may watch future updates on revenue mix, cost control, and the company’s previously disclosed Nasdaq bid-price compliance timeline.

Key Figures

Revenue: HK$58.8 million Net income: HK$8.0 million Basic and diluted EPS: HK$0.36 (US$0.05) +5 more
Revenue
HK$58.8 million
Six months ended June 30, 2025
Net income
HK$8.0 million
Six months ended June 30, 2025
Basic and diluted EPS
HK$0.36 (US$0.05)
Six months ended June 30, 2025
Gross profit
HK$27.6 million
Six months ended June 30, 2025
IPO printing revenue
HK$24.6 million (US$3.1 million)
Integrated IPO financial printing services, six months ended June 30, 2025
Non-IPO revenue
HK$34.1 million (US$4.4 million)
Non-IPO financial printing services, six months ended June 30, 2025
Cash and cash equivalents
HK$11.3 million (US$1.4 million)
As of June 30, 2025
IPO gross proceeds
US$6.67 million
Nasdaq IPO including over-allotment shares

Historical Context

5 past events · Latest: Dec 01
5 events
  1. Dec 01

    Earnings update

    24h Move
    +1.3%

    First-half 2025 results with higher net income and EPS despite flat revenue.

  2. Nov 25

    Product initiative

    24h Move
    -3.4%

    Announcement of AI-enhanced internal project management platform for operations.

  3. Nov 17

    Payments update

    24h Move
    -4.1%

    Decision to accept major crypto-currencies as client payment options.

  4. Oct 06

    Listing compliance

    24h Move
    +1.4%

    Nasdaq notice of minimum bid price deficiency and start of compliance period.

  5. Sep 26

    Client win / IPO

    24h Move
    +2.6%

    Exclusive financial printing mandate for a major Zijin Gold IPO in Hong Kong.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

initial public offering, over-allotment option, gross proceeds, contract liabilities
4 terms
initial public offering financial
"On July 23, 2025, the Company was listed... following the completion of its initial public offering."
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
over-allotment option financial
"the underwriters... had exercised the over-allotment option to purchase an additional 217,500 Class A..."
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
gross proceeds financial
"The gross proceeds received from the Company’s initial public offering... totalled $6.67 million."
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
contract liabilities financial
"partially offset by... decrease in contract liabilities of approximately HK$4.6 million..."
Contract liabilities are amounts a company has been paid in advance for goods or services it still owes to customers — think of them like gift cards or prepaid subscriptions the company must fulfill later. For investors, they show promised future work or deliveries that will turn into revenue over time, reveal cash already collected, and help assess whether a firm has a backlog of obligations that could affect future earnings and cash flow.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Hong Kong, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Cre8 Enterprise Limited (Nasdaq: CRE) (“Cre8” or the “Company”), a Hong Kong-based integrated financial printing service provider, announced its unaudited financial results for the six months ended June 30, 2025 today.

Overview:

Revenue increased by approximately 1.4% from approximately HK$58.0 million for the six months ended June 30, 2024 to approximately HK$58.8 million (US$7.5 million) for the six months ended June 30, 2025

Net income increased by approximately 63.7% from approximately HK$4.9 million for the six months ended June 30, 2024 to approximately HK$8.0 million (US$1.0 million) for the six months ended June 30, 2025

Six Months Financial Results Ended June 30, 2025

Revenue. Revenue slightly increased by approximately 1.4% from approximately HK$58.0 million for the six months ended June 30, 2024 to approximately HK$58.8 million (US$7.5 million) for the six months ended June 30, 2025, mainly due to the increase in revenue from integrated IPO financial printing services by approximately HK$7.6 million, or 45.1% from approximately HK$17.0 million for the six months ended June 30, 2024 to approximately HK$24.6 million (US$3.1 million) for the six months ended June 30, 2025; partially offset by the decrease in revenue from the non-IPO financial printing services by approximately HK$6.9 million, or 16.7% from approximately HK$41.0 million for the six months ended June 30, 2024 to approximately HK$34.1 million (US$4.4 million) for the six months ended June 30, 2025.

Gross profit. The gross profit slightly decreased by approximately 2.6% from approximately HK$28.3 million for the six months ended June 30, 2024 to approximately HK$27.6 million (US$3.5 million) for the six months ended June 30, 2025, mainly due to the increase in printing costs during the six months ended June 30, 2025.

Selling and marketing expenses. The selling and marketing expenses decreased by approximately HK$3.2 million, or 29.7%, from approximately HK$11.0 million for the six months ended June 30, 2024 to approximately HK$7.7 million (approximately US$1.0 million) for the six months ended June 30, 2025, which was mainly due to the decrease in staff costs of the sales department and commission expenses.

General and administrative expenses. The general and administrative expense decreased by approximately HK$0.9 million, or 8.1%, from approximately HK$11.3 million for the six months ended June 30, 2024 to approximately HK$10.4 million (US$1.3 million) for the six months ended June 30, 2025, which was mainly due to the decrease in depreciation, rental expenses and the provision for expected credit losses.

Income tax expense. The income tax expense increased from approximately HK$1.2 million for the six months ended June 30, 2024 to approximately HK$1.6 million (US$0.2 million) for the six months ended June 30, 2025, which was generally in line with the increase in net income for the period.

Net income. The net income increased from approximately HK$4.9 million for the six months ended June 30, 2024 to approximately HK$8.0 million (US$1.0 million) for the six months ended June 30, 2025, which was mainly due to decrease in the selling and marketing expenses and the general and administrative expenses during the six months ended June 30, 2025. 

Basic and diluted EPS. Basic and diluted earnings per share were approximately HK$0.36 (US$0.05) for the six months ended June 30, 2025, as compared to basic and diluted earnings per share of HK$0.22 for the six months ended June 30, 2024.

Liquidity and Capital Resources

As of December 31, 2024 and June 30, 2025 and, we had cash and cash equivalent of approximately HK$13.8 million and HK$11.3 million (US$1.4 million), respectively.

Cash flows from operating activities. For the six months ended June 30, 2025, our net cash generated from operating activities was approximately HK$0.9 million (US$0.1 million), mainly due to (i) our net income of approximately HK$8.0 million (US$1.0 million), which was primarily adjusted for depreciation – property and equipment, provision for expected credit loss and deferred tax expenses, (ii) increase in accruals and other payables of approximately HK$1.9 million (US$0.2 million) and (iii) increase in tax payable of approximately HK$1.5 million (US$0.2 million); partially offset by (i) increase in accounts receivables of approximately HK$7.4 million (US$0.9 million); and (ii) decrease in contract liabilities of approximately HK$4.6 million (US$0.6 million).

Cash flows from investing activities. For the six months ended June 30, 2025, our net cash used in investing activities represented purchase of property and equipment of approximately HK$0.7 million (US$0.1 million).

Cash flows from financing activities. For the six months ended June 30, 2025, our net cash used in financing activities represented (i) repayment to related parties of approximately HK$2.0 million (US$0.3 million); (ii) deferred initial public offering cost of approximately HK$0.4 million (US$54,000); and (iii) repayment of bank loans of approximately HK$0.4 million (US$50,000).

Recent Development

On July 23, 2025, the Company was listed on the Nasdaq Capital Market following the completion of its initial public offering. The Company began trading under the ticker symbol “CRE” on this date. On July 28, 2025, the underwriters to the Company’s initial public offering had exercised the over-allotment option to purchase an additional 217,500 Class A Ordinary Shares. The gross proceeds received from the Company’s initial public offering, including the proceeds from the sale of the over-allotment shares, totalled $6.67 million.

About Cre8 Enterprise Limited (NASDAQ: CRE)

Cre8 Enterprise Limited provides 24/7 integrated financial printing services for listed companies, IPO applicants and private companies in the finance and capital market in Hong Kong under its brand, “Cre8”. The services cover concept creation and artwork design, typesetting, proofreading, translation, printing, binding, logistics arrangement, uploading or making e-submissions of customers’ financial reports and compliance documents and media placements. In addition to these core services, it has expanded its offerings to include complementary design services such as website design, branding, and content creation for marketing materials. Moreover, it is now providing technological support to its customers by disseminating and publishing announcements, circulars, financial reports, and industry news feeds through a website of its “Cre8IR” brand.

Forward-Looking Statements

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in U.S., Hong Kong and China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contacts:

Cre8 Enterprise Limited

Email: ir@cre8corp.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Cre8 (CRE) revenue and net income for H1 2025?

Cre8 reported H1 2025 revenue of approximately HK$58.8 million and net income of approximately HK$8.0 million.

What happened to Cre8's gross profit and EPS for the six months ended June 30, 2025?

Gross profit decreased by approximately 2.6% to HK$27.6 million, while EPS rose to HK$0.36.

How did Cre8's cash position change by June 30, 2025 (CRE)?

Cash and cash equivalents decreased from HK$13.8 million to approximately HK$11.3 million as of June 30, 2025.

Did Cre8 complete an IPO and how much did it raise (CRE)?

Yes. Cre8 listed on Nasdaq in July 2025 and the IPO gross proceeds, including overallotment, totalled $6.67 million.

What drove Cre8's improved net income in H1 2025 (CRE)?

Net income improvement was mainly due to lower selling and marketing expenses and reduced general and administrative expenses in H1 2025.

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