q2 RESULTS Highlights
Quarter Ending June 30, 2025
The second quarter marked by tenacity, reinvestment, and growing momentum. As we continue building the Caribbean’s most capable, integrated, and growth-oriented agency, our House of Agency Brands strategy is unlocking new value, driving performance, and positioning 1GS for long-term success.
Income Statement Highlights
For the quarter ending June 30, 2025, One Great Studio reported strong revenues of J$105.2 million, up 37.9% from Q1 and 24.4% year-over-year. The company also returned to operating profitability and reduced its Net Loss to J$2.1 million.
| JMD (millions) | 6M 2024 | 6M 2025 | Q2 2024 | Q2 2025 |
|---|---|---|---|---|
| Revenue | 175 | 181 | 85 | 105 |
| Operating Profit | 22 | -7 | 8 | 2 |
| Net Profit | 24 | -15 | 13 | -2 |
| Operating Profit Margin | 12.7% | -3.8% | 9.8% | 1.5% |
J$105M
Q2 Revenue
J$24%
Q2 YoY Growth
J$181M
YTD Revenue
Balance Sheet Highlights
As at June 30, 2025, 1GS’s Total Assets rose to J$697.9 million, up 8.2% year-over-year. Total Liabilities increased primarily due to a J$35 million Contingent Liability related to the acquisition earn-out and a J$10 million rise in prepaid income from clients.
| JMD (millions) | Q2 2024 | Q2 2025 |
|---|---|---|
| Cash & Short-Term Investments | 233 | 163 |
| Total Assets | 645 | 698 |
| Total Liabilities | 49 | 103 |
| Total Debt | 17 | 15 |
| Total Equity | 596 | 595 |
J$698M
Total
Assets
J$595M
Total
Equity
2.6x
Cash Ratio
(inc. invs.)
Credit Quality, Liquidity, & Cashflow
After deploying J$80 million for the DRT acquisition, 1GS ended the quarter with a strong cash position of J$163.3 million in cash and Short-Term Investments. The company also reduced its Long-Term Debt, maintaining solid financial flexibility.