The year 2025 marked another period in which Asphere Innovations Public Company Limited operated amid ongoing changes in the economic landscape and the digital industry. Despite continued volatility in the business environment, the Company remained committed to prudent management, financial discipline, and sustainable growth built upon a solid business foundation.
The online gaming business, which remains the Company’s core business, continued to demonstrate resilience—particularly in the classic game segment, which has maintained steady growth. A stable player base, combined with a deep understanding of consumer behavior across Southeast Asia, has enabled the Company to manage its game portfolio effectively and maintain strong competitiveness in the market.
In terms of business expansion, the PlayPark Services model, first introduced in 2024, showed clear progress throughout 2025. The initiative has expanded partnerships and generated additional revenue streams. By transforming the Company’s expertise in game publishing and marketing into a comprehensive service offering, PlayPark Services has opened new business opportunities and contributed to greater diversification of long-term revenue sources.
In addition, the Company invested in Greenmoons Co., Ltd., a technology company specializing in Artificial Intelligence (AI) and automation solutions. This investment aims to enhance operational efficiency and improve business process management. The decision was made following careful consideration of the company’s growth potential and its alignment with the Company’s long-term strategic direction. It reflects the Company’s commitment to evolving into a digital technology company while laying the groundwork for leveraging advanced technologies to support future business growth.
Looking ahead to 2026, the Company will focus on expanding its online gaming business with clear strategic direction. Particular emphasis will be placed on strengthening the classic game segment, which continues to demonstrate strong market potential, alongside the launch of new titles across the region. The Company will prioritize the selection of games that are well-suited to the market and possess strong growth potential, rather than focusing solely on increasing the number of titles.
For PlayPark Services, the Company plans to expand its network of strategic partners, particularly through collaborations with international marketing agencies. This approach is expected to create new business opportunities and diversify revenue sources over the long term, enhancing the flexibility of the Company’s business model and supporting sustainable growth in the future.
Finally, the Company remains firmly committed to conducting its business in accordance with the principles of good corporate governance, transparency, and accountability toward all stakeholders. At the same time, the Company continues to exercise disciplined cost management and operational efficiency, while streamlining its organizational structure to enhance agility and responsiveness. Strong corporate governance, systematic risk management, and well-informed decision-making remain the essential foundations that support the Company’s long-term stability and sustainable growth.
On behalf of the Board of Directors, I would like to express my sincere appreciation to our shareholders, customers, business partners, management team, and employees for their continued support, dedication, and trust. With the collective efforts of all stakeholders, I am confident that Asphere Innovations Public Company Limited will continue to grow steadily and create long-term value for our stakeholders and the industry