CPOPNasdaqServices-Amusement & Recreation ServicesUS GAAP · USD

Pop Culture Group Co., Ltd

Pop Culture Group Co., Ltd is a Chinese pop culture and entertainment company headquartered in Xiamen, China and incorporated through an offshore group structure. It develops and hosts entertainment events, operates online pop culture programs, and provides event planning and brand promotion services, with a focus on Chinese cultural content and younger audiences.

Revenue108m USD
+127.2 %y/y
Operating profit (EBIT)-6.4m USD
+53.3 %y/y
EBIT margin-5.9%
+22.9 ppy/y
Net income-6.9m USD
+44.5 %y/y
Free cash flow0.2m USD
+103.5 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-50050100150m USD2020: 16 m USD2020: EBIT 3.2 m USD20202021: 26 m USD2021: EBIT 5.8 m USD20212022: 32 m USD2022: EBIT 1.4 m USD20222023: 19 m USD2023: EBIT -24 m USD20232024: 47 m USD2024: EBIT -14 m USD20242025: 108 m USD2025: EBIT -6.4 m USD2025108-6.4
RevenueOperating profit (EBIT)

Business

Share of revenue
Entertainment events45 %

Live and hosted pop culture events centered on Chinese cultural themes.

Online programs15 %

Digital pop culture content and programs distributed through online channels.

Event planning and execution20 %

Planning, organizing, and operating events for the company and third parties.

Brand promotion services20 %

Marketing and promotional services provided to corporate clients.

Products

Reported · share of revenue
88.6%9.3%FY2025100 %
  • Digital Entertainment88.6 %
  • Live Entertainment9.3 %
  • Other Revenue2.2 %

Source: 20-F FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

The company serves young consumers who attend or engage with Chinese pop culture events and online programs. It also sells event planning and brand promotion services to corporate clients that want culturally relevant marketing, audience reach, or event execution support.

Youth audiences

Attend or view pop culture events and online programs centered on Chinese cultural content.

Corporate clients

Buy brand promotion and event services to reach audiences and support marketing campaigns.

Cultural exchange participants

Engage with events and content that promote interaction between U.S. and Chinese audiences.

Strategy

The company’s strategy is to build a recognizable Chinese pop culture brand by creating and hosting its own events rather than relying only on third-party activity. It also uses online programs and brand promotion services to extend its audience reach and create additional commercial touchpoints with corporate clients.

Expand proprietary eventsMedium term

Owning events can improve brand control and differentiate the company from pure service providers.

Broaden digital distributionMedium term

Online programs help reach younger audiences beyond physical venues and support repeat engagement.

Grow corporate service revenueShort term

Event planning and brand promotion services diversify revenue beyond consumer attendance.

Geography

Pop Culture Group is headquartered in Xiamen, Fujian Province, China, and its core operating base is in the mainland Chinese market. The business also references cultural exchange between the United States and China, so cross-border audience and brand exposure are part of its commercial footprint.

Risks

The company depends on event attendance, audience interest, and corporate marketing demand, which can be volatile for a niche entertainment brand. It also faces execution risk in organizing events and platform/content risk in maintaining relevance with younger consumers while operating across different markets and regulatory environments.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Demand volatility for live events1Corporate client spending risk2Execution and reputation risk3Cross-border and regulatory risk4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Demand volatility for live eventsImpact: HighLikelihood: Medium

    Revenue from entertainment events depends on attendance, sponsorship, and consumer interest.

    Exposure: Event hosting and ticket-related activity

  2. Corporate client spending riskImpact: MediumLikelihood: Medium

    Brand promotion and event services depend on client marketing budgets.

    Exposure: Event planning and brand promotion services

  3. Execution and reputation riskImpact: MediumLikelihood: Medium

    Poorly delivered events or weak content can reduce repeat business and audience trust.

    Exposure: Hosted events and online programs

  4. Cross-border and regulatory riskImpact: MediumLikelihood: Low

    The brand emphasizes U.S.-China cultural exchange and operates from China through an offshore structure.

    Exposure: Geography and corporate structure

Accounting

Judgemental items
Revenue recognition

Event and promotion income is typically recognized when services are performed, which affects timing between billing and revenue.

Impact: Can shift reported revenue between quarters

Deferred revenue

Advance payments for events or programs may be recorded as liabilities until performance occurs.

Impact: Affects balance sheet and near-term revenue visibility

Event cost matching

Marketing, venue, and production costs must be matched to the related event period.

Impact: Can create quarter-to-quarter margin volatility

Publicly listed companies with a comparable business focus.

Last updated: 28/09/2026

Pop Culture Group Co., Ltd (CPOP) Revenue, Earnings & Financials 2025 – Clarifo