VSMENasdaqServices-Advertising AgenciesUS GAAP · USD

VS Media Holdings Limited

VS MEDIA Holdings Ltd is a Singapore-based digital media and creator-network company that connects brands with social-media creators across platforms such as YouTube, Facebook, Instagram, and TikTok. The business centers on creator management, content marketing, brand communications, and related commercialization activities, with an emerging effort to extend those media and channel capabilities into adjacent consumer and smart-living opportunities.

Revenue7.5m USD
−8.8 %y/y
Operating profit (EBIT)-6.4m USD
+6.9 %y/y
EBIT margin-85.4%
−1.7 ppy/y
Net income-8.6m USD
−18.1 %y/y
Free cash flow-3.5m USD
−136.6 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

-10-5051015m USD2021: 11 m USD2021: EBIT -0.07 m USD20212022: 9.0 m USD2022: EBIT -1.6 m USD20222023: 8.0 m USD2023: EBIT -5.6 m USD20232024: 8.2 m USD2024: EBIT -6.9 m USD20242025: 7.5 m USD2025: EBIT -6.4 m USD20257.5-6.4
RevenueOperating profit (EBIT)

Business

Share of revenue
Creator network services45 %

Management and monetization of digital creators, influencers, KOLs, bloggers, and related talent.

Brand marketing services35 %

Campaign execution and brand communications that connect advertisers with creator audiences.

Content and channel services15 %

Social-media content publishing, audience development, and channel support across platforms.

Emerging smart living initiatives5 %

Early-stage exploration of smart living products, services, and partnerships.

Products

Reported · share of revenue
78.7%13.7%FY2025100 %
  • Campaign Based Marketing Services78.7 %
  • Optimization Based Marketing Services13.7 %
  • Social Media Platforms Marketing Services7.6 %

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 brands and marketers that want to reach consumers through creator-led social media content. Its customer base also includes businesses and partners seeking audience development, campaign execution, and channel access in digital and social platforms. The emerging smart-living work suggests future customers may also include product and service partners in consumer technology or connected-living categories.

Brands and advertisers

Buy creator-led marketing, content distribution, and audience engagement to promote products and services.

Digital platforms and channel partners

Work with the company for creator network access, content activity, and audience development.

Creators and influencers

Participate in the network to monetize audiences and access brand collaboration opportunities.

Smart living ecosystem partners

Potential partners for product selection, promotion, and commercialization in the new initiative.

Strategy

The core strategic aim is to deepen the company’s creator-network and digital marketing model by connecting brands, consumers, and channels more efficiently. Recent disclosures also show an exploratory push into AI Smart Living, intended to extend existing media reach and commercialization capabilities into a new product-and-partnership ecosystem. This broadens the addressable opportunity, but the new initiative is still early and depends on execution and partner adoption.

Strengthen creator-network monetizationShort term

The company’s core asset is its creator network, so higher utilization and better brand matching drive relevance.

Commercialize AI Smart LivingMedium term

The new initiative is meant to open additional revenue paths beyond the media business.

Convert media reach into transactionsMedium term

The company wants to turn audience and channel access into measurable commercial outcomes.

Geography

VS MEDIA describes itself as managing a global network of digital creators, so its business spans multiple markets and online platforms rather than a single local geography. The reports identify its principal executive office in Singapore, while the company is incorporated and listed through a U.S. capital-markets structure. Its creator and brand relationships are therefore likely international, with digital distribution allowing cross-border reach.

Risks

The business depends on advertiser demand, creator engagement, and platform traffic, so shifts in social-media algorithms or brand spending can affect results. The AI Smart Living initiative adds execution risk because it is early-stage and may not progress from planning to definitive transactions or meaningful revenue. As a listed micro-cap foreign issuer, the company also faces financing, compliance, and capital-markets sensitivity typical of smaller public companies.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Early-stage AI Smart Living execution risk1Platform dependency2Advertising demand volatility3Capital-markets and listing 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. Early-stage AI Smart Living execution riskImpact: HighLikelihood: High

    Management says the initiative is still in planning and preliminary development, with no guarantee of definitive agreements or results.

    Exposure: New business line

  2. Platform dependencyImpact: HighLikelihood: Medium

    The company relies on third-party social platforms for creator distribution and audience reach.

    ExposureYouTubeFacebookInstagramTikTok
  3. Advertising demand volatilityImpact: MediumLikelihood: Medium

    Revenue is tied to brand communications and marketing budgets, which can be cyclical.

    Exposure: Brand and marketing services

  4. Capital-markets and listing riskImpact: MediumLikelihood: Medium

    The company is a small public issuer and has disclosed Nasdaq bid-price compliance matters.

    Exposure: Nasdaq Capital Market

Accounting

Judgemental items
Revenue recognition

Campaign and creator-service revenue depends on when obligations are satisfied and services are delivered.

Impact: Timing and comparability of reported revenue

Early-stage project accounting

AI Smart Living is in preliminary development, so related spending may be expensed or require judgment on future benefit.

Impact: Operating expenses and future asset balances

Impairment assessments

Smaller digital-media businesses may need to test acquired intangibles or goodwill if expected cash flows weaken.

Impact: Potential non-cash charges

Share-based and financing valuation

Public-company financing and equity-linked arrangements require valuation assumptions and fair-value estimates.

Impact: Non-cash gains, losses, and dilution

Publicly listed companies with a comparable business focus.

Last updated: 28/09/2026

VS Media Holdings Limited (VSME) Revenue, Earnings & Financials 2025 – Clarifo