GlobalTix Achieves 10% Revenue Surge in FY25, Accelerates APAC Expansion Amid Hospitality Boom

GlobalTix, the innovative online ticketing platform, reported a robust 10% revenue increase to US$76.3 million for its financial year ending March 2025.

This growth marks a continuation of the company's recovery, though at a slower pace compared to previous years amid intensifying competition in the region.

Financial Performance Breakdown

Despite the uptick, cost of sales also rose, reflecting higher operational expenses as GlobalTix invests heavily in scaling its platform.

Historically, GlobalTix transitioned from losses to profitability in FY24, doubling revenue to nearly US$66 million fueled by Southeast Asia's tourism rebound post-pandemic.

The firm's strategic focus on APAC has been pivotal, with expanded partnerships enabling broader access to events, attractions, and hospitality bookings across the region.

This APAC push comes at a time when global hospitality giants are doubling down on Asia Pacific markets, heightening competition but also validating the region's growth potential.

Strategic Expansion and Future Outlook

Looking ahead, GlobalTix plans to deepen its penetration in high-growth markets like Indonesia, Thailand, and India through tech enhancements and localized offerings.

The company's resilient model, backed by $19.9 million in funding, positions it well to capture rising demand for digital ticketing solutions.

Industry analysts note that while growth has moderated, GlobalTix's emphasis on user experience and seamless integrations could drive accelerated expansion in FY26.

Overall, this FY25 performance underscores GlobalTix's adaptability in a dynamic APAC landscape, promising sustained impact on the digital entertainment sector.