q1 RESULTS Highlights
Quarter Ending Mar. 31, 2026
The first quarter of the 2026 financial year marked a strong start for 1GS, with Revenue increasing by 34% year-over-year (YOY) to J$102 million, up from J$76 million in the corresponding period of 2025. The Group also returned to profitability, reporting Net Profit of J$15 million, compared to a Net Loss of J$13 million in Q1 2025
Income Statement Highlights
One Great Studio Company Limited (1GS) entered 2026 with an enhanced operating model and a return to profitability. The Group delivered a strong first quarter, recording Revenue of J$102 million, a 34% increase YOY. Net Profit increased to J$15 million, while Operating Profit rose to J$8 million. These results show early progress from our House of Brands strategy and the shared services investments made in 2025.
| JMD (millions) | Q1 2026 | Q1 2025 |
|---|---|---|
| Revenue | 102 | 76 |
| Operating Profit (Loss) | 8 | (9) |
| Net Profit (Loss) | 15 | (13) |
J$102M
Revenue
J$15M
Net Profit
$0.01
EPS
Balance Sheet Highlights
As at March 31st 2026, the Group reported Total Assets of J$693 million, while total equity increased to J$599 million and Total Liabilities decreased to J$94 million.
| JMD (millions) | Q1 2026 | Q1 2025 |
|---|---|---|
| Cash & Short-Term Investments | 147 | 172 |
| Total Assets | 693 | 708 |
| Total Liabilities | 94 | 112 |
| Total Debt | 13 | 15 |
| Total Equity | 599 | 596 |
J$693M
Total Assets
J$599M
Total Equity
~2.2x
Cash Ratio
Credit Quality, Liquidity, & Cashflow
For the period, the company reported J$7 million in positive operating cashflow, a year-over-year reduction in debt & closed the quarter with Cash and Short-Term Investments of J$147.2 million.