CTW Cayman
ctw.incWhat Do They Do?
Runs a web-based gaming platform with anime-inspired free-to-play games for players worldwide, and provides game developers with animation rights, game distribution and support services.
20-F for FY2026, filed Oct 16, 2026We are a leading globally accessible, web-based gaming platform, offering players an immersive digital space through our flagship HTML5…View ↗
Our primary focus is serving game developers as our core customers by providing a comprehensive platform that helps them generate revenue…View ↗
In addition to granting access to IP resources, we provide comprehensive support to game developers across various aspects of game…View ↗
How Do They Make Money?
Game developers pay CTW an agreed share of players’ in-game purchases in return for services. The amount depends on actual purchases and is calculated monthly.
20-F for FY2026, filed Oct 16, 2026
$82.5M
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20-F for FY2026, filed Oct 16, 2026
$82.5M ↗
Who Are Their Customers?
Game developers contract with CTW for access to animation rights, game distribution, development support and marketing; players access the games through its web-based platform.
20-F for FY2026, filed Oct 16, 2026We are a leading globally accessible, web-based gaming platform, offering players an immersive digital space through our flagship HTML5…View ↗
Our primary focus is serving game developers as our core customers by providing a comprehensive platform that helps them generate revenue…View ↗
In addition to granting access to IP resources, we provide comprehensive support to game developers across various aspects of game…View ↗
Do Revenues Turn Into Profits?
No. It lost $4.1M in FY2026.
20-F for FY2026, filed Oct 16, 2026
20-F for FY2026, filed Oct 16, 2026
−$7.3MView ↗
20-F for FY2026, filed Oct 16, 2026
−$4.1MView ↗
20-F for FY2026, filed Oct 16, 2026
−$3.6MView ↗
How Are They Changing?
Growing. Revenue grew 31% in 3 years, from $62.9M in FY2023 to $82.5M in FY2026, about 9% a year.
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