Latest 20-F annual reports

Kyivstar Group Ltd. reports significant revenue growth and strategic acquisitions in 2025, alongside a Nasdaq listing, despite ongoing war impacts and a one-time listing expense that reduced net profit.

VEON achieved significant revenue and Adjusted EBITDA growth in 2025, driven by digital services expansion and strategic asset-light initiatives, despite geopolitical challenges and currency depreciation.

iQIYI, a leading online entertainment video service provider in China, reported a net loss of RMB204.0 million in 2025, reversing previous years' profitability, driven by decreased revenues across key segments and increased marketing spend.

Diana Shipping Inc. reports increased net income for 2025 despite a decrease in time charter revenues, driven by strategic fleet adjustments and a significant investment in Genco Shipping & Trading Limited.

Gerdau S.A. reported a significant drop in net income for 2025, primarily due to impairment losses and intense import competition in Brazil, while its North American operations showed strong performance.

Oatly Group AB reported a significant reduction in net losses and achieved positive adjusted EBITDA in 2025, driven by revenue growth and supply chain efficiencies.

Teekay Corporation reports a decline in 2025 earnings amidst strategic fleet adjustments and strong liquidity, while navigating a complex geopolitical tanker market.

Teekay Tankers Ltd. reports a decrease in 2025 operating income and net income compared to 2024, driven by lower spot rates and vessel sales, but significantly increased liquidity and continued fleet renewal efforts.

Haleon plc delivered competitive performance in 2025 with 3.0% organic revenue growth and 10.5% organic operating profit growth, driven by productivity gains and strategic acquisitions.

Basel Medical Group Ltd. filed an amended annual report for fiscal year 2025, revealing a significant net loss primarily due to goodwill impairment from a recent acquisition, despite revenue growth.

Studio City International Holdings Limited reported an 8.7% increase in total operating revenues to $694.6 million for 2025, significantly narrowing its net loss to $58.8 million.

Melco Resorts & Entertainment Limited announced a significant increase in net income and operating revenues for 2025, driven by a rebound in Macau tourism and new property openings, despite ongoing geopolitical and regulatory challenges.

monday.com reported significant revenue and net income growth in 2025, fueled by its AI-powered platform enhancements and expanding enterprise customer base, while also initiating a substantial share repurchase program.

AC Immune SA reported a net loss of CHF 70.4 million for 2025, driven by significant R&D investments and strategic pipeline advancements in neurodegenerative diseases, while maintaining sufficient liquidity until Q3 2027.

Waldencast plc reported a substantial net loss of $248.1 million in 2025, primarily driven by $152.0 million in goodwill impairment charges and increased interest expenses, despite a slight revenue decrease.

Perfect Corp. announced its 2025 annual results, reporting a 14.9% increase in total revenue to $69.2 million, primarily fueled by robust growth in B2C subscriptions and strategic Generative AI advancements, despite a modest decline in active subscribers and a goodwill impairment.

CCEP delivered robust revenue and operating profit growth in 2025, driven by strategic execution, market expansion, and strong cash flow generation.

Navigator Holdings Ltd. announced a significant increase in net income and operating revenues for 2025, driven by higher charter rates and strategic fleet growth.

Molecular Partners AG reported continued net losses in 2025, alongside significant progress in its oncology pipeline, including the initiation of new clinical trials and expansion of strategic collaborations for its DARPin therapeutics.

Wearable Devices Ltd. reported a 24% increase in 2025 revenue to $647,000, driven by B2C product sales, but net losses expanded to $8.1 million, alongside multiple capital raises and ongoing operational challenges.

Fiverr International Ltd. reports a 10.1% revenue increase to $430.9 million and $21.0 million net income for fiscal 2025, driven by services revenue growth despite marketplace contraction and a significant workforce reduction.

Santander UK plc announced a 10% increase in profit before tax for 2025, driven by higher income and cost efficiencies, while progressing with its proposed acquisition of TSB Banking Group plc.

Unilever reports solid 2025 performance with 3.5% underlying sales growth, 20.0% underlying operating margin, and successful demerger of its Ice Cream business.

Eco Wave Power Global AB (publ) reported a significant increase in net loss for 2025, despite advancing key wave energy projects in the U.S., Taiwan, and India, while facing delays in Portugal.

Himalaya Shipping Ltd. reported increased operating revenues in 2025 driven by fleet expansion, despite lower average daily charter rates, while extending its revolving credit facility and addressing new port requirements.

Shell plc reported a decline in Adjusted Earnings and cash flow in 2025 due to lower commodity prices, despite achieving significant cost reductions and progressing its energy transition strategy with increased shareholder distributions.

ProQR Therapeutics N.V. reported increased net losses for 2025, driven by higher R&D costs for its RNA editing platform, while advancing its pipeline and securing partnerships.

Sohu.com Limited reported a significant turnaround to net income of $394.1 million in 2025, primarily due to substantial tax benefits, despite a 2% decrease in total revenues.

Deutsche Bank reported strong financial results for 2025, surpassing key targets and proposing a significant dividend increase, while outlining its 'Scaling the Global Hausbank' strategy for accelerated value creation through 2028.

INLIF Limited reported a significant net loss of $5.45 million in 2025, a sharp decline from previous profits, driven by increased operating expenses and a strategic expansion into the new energy sector, while also receiving a Nasdaq deficiency notice for its share price.