EX-99

Unaudited Consolidated Financial Results

GigaMedia Limited is a diversified provider of digital entertainment services. GigaMedia's digital entertainment service business FunTown develops and operates a suite of digital entertainments in Taiwan and Hong Kong, with focus on mobile games and casual games.

Unaudited consolidated results of GigaMedia are summarized in the table below.

For the Third Quarter


GIGAMEDIA 3Q25 UNAUDITED CONSOLIDATED FINANCIAL RESULTS
(unaudited, all figures in US$ thousands, except per share amounts)	3Q25			2Q25			Change (%)			3Q25			3Q24			Change (%)
Revenues		916			868			5.5	%		916			769			19.1	%
Gross Profit		458			477			(4.0	)%		458			372			23.1	%
Loss from Operations		(998	)		(918	)	NM				(998	)		(1,008	)	NM
Net Income (Loss) Attributable to GigaMedia		(971	)		844		NM				(971	)		(320	)	NM
Earnings (Loss) Per Share Attributable to GigaMedia, Diluted		(0.09	)		0.08		NM				(0.09	)		(0.03	)	NM
EBITDA (A)		(1,371	)		423		NM				(1,371	)		(810	)	NM
Cash, Cash Equivalents and Restricted Cash		29,386			31,186			(5.8	)%		29,386			35,328			(16.8	)%

NM= Not Meaningful

(A)

EBITDA (earnings before interest, taxes, depreciation, and amortization) is provided as a supplement to results provided in accordance with U.S. generally accepted accounting principles ("GAAP"). (See, "Use of Non-GAAP Measures," for more details.)

•

Consolidated revenues for the third quarter of 2025 were $0.92 million, representing an increase of 5.5% compared to $0.87 million in the prior quarter, and 19.1% year-over-year from $0.77 million the same quarter last year.

•

Consolidated gross profit decreased by 4.0% quarter-on-quarter to $0.46 million from $0.48 million last quarter, but increased by 23.1% year-over-year from $0.37 million in the third quarter last year.

•

Consolidated loss from operation of the third quarter of 2025 was $1.00 million, representing a slight increase in loss from $0.92 million from last quarter.

•

Consolidated net loss of the third quarter of 2025 was $0.97 million compared to net income of $0.84 million in last quarter.

•

Cash, cash equivalents and restricted cash at the end of the third quarter of 2025 was $29.4 million.

Financial Position

GigaMedia maintained its solid financial position, with cash, cash equivalents and restricted cash amounting to $29.4 million as of September 30, 2025, or $2.66 per share.

Business Outlook

The following forward-looking statements reflect GigaMedia's expectations as of October 30, 2025. Given potential changes in economic conditions and consumer spending, the evolving nature of online games, and various other risk factors, including those discussed in the Company's 2024 Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission as referenced below, actual results may differ materially.

“For the following quarter, GigaMedia will continue the strategies of internally-driven growth by improving productivity of the existing games, executing effective marketing, and pursuing a steady expansion of customer base,” stated GigaMedia CEO James Huang.

In the meantime, we will continue reviewing suitable prospects for strategic investment and acquisition targets to increase corporate growth and maximize shareholder value.

Use of Non-GAAP Measures

To supplement GigaMedia's consolidated financial statements presented in accordance with US GAAP, the Company uses the following measure defined as non-GAAP by the SEC: EBITDA. Management believes that EBITDA (earnings before interest, taxes, depreciation, and amortization) is a useful supplemental measure of performance because it excludes certain non-cash items such as depreciation and amortization and that EBITDA is a measure of performance used by some investors, equity analysts and others to make informed investment decisions. EBITDA is not a recognized earnings measure under GAAP and does not have a standardized meaning. Non-GAAP measures such as EBITDA should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, other financial measures prepared in accordance with GAAP. A limitation of using EBITDA is that it does not include all items that impact the company's net income for the period. Reconciliations to the GAAP equivalents of the non-GAAP financial measures are provided on the attached unaudited financial statements.

About the Numbers in This Release

Quarterly results

All quarterly results referred to in the text, tables and attachments to this release are unaudited. The financial statements from which the financial results reported in this press release are derived have been prepared in accordance with U.S. GAAP, unless otherwise noted as "non-GAAP," and are presented in U.S. dollars.

Q&A

For Q&A regarding the third quarter 2025 performance upon the release, investors may send the questions via email to IR@gigamedia.com.tw, and the responses will be replied individually.

About GigaMedia

Headquartered in Taipei, Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is a diversified provider of digital entertainment services in Taiwan and Hong Kong. GigaMedia's digital entertainment service business is an innovative leader in Asia with growing capabilities of development, distribution and operation of digital entertainments, as well as platform services for games with a focus on mobile games and casual games. More information on GigaMedia can be obtained from www.gigamedia.com.tw.

The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding expected financial performance (as described without limitation in the "Business Outlook" section and in quotations from management in this press release) and GigaMedia's strategic and operational plans. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, including but not limited to, our ability to license, develop or acquire additional online games that are appealing to users, our ability to retain existing online game players and attract new players, and our ability to launch online games in a timely manner and pursuant to our anticipated schedule. Further information on risks or other factors that could cause results to differ is detailed in GigaMedia's Annual Report on Form 20-F filed in April 2025 and its other filings with the United States Securities and Exchange Commission.

# # #

(Tables to follow)

GIGAMEDIA LIMITED

CONSOLIDATED STATEMENTS OF OPERATIONS


	Three months ended									Nine months ended
	9/30/2025			6/30/2025			9/30/2024			9/30/2025			9/30/2024
(in US$ thousands)	unaudited			unaudited			unaudited			unaudited			unaudited
Operating revenues
Digital entertainment service revenues		916			868			769			2,642			2,214
		916			868			769			2,642			2,214
Operating costs
Cost of digital entertainment service revenues		458			391			397			1,248			1,137
		458			391			397			1,248			1,137
Gross profit		458			477			372			1,394			1,077
Operating expenses
Product development and engineering expenses		165			157			170			518			530
Selling and marketing expenses		413			360			375			1,166			1,101
General and administrative expenses		878			877			835			2,595			2,615
Other		—			1			—			1			1
		1,456			1,395			1,380			4,280			4,247
Loss from operations		(998	)		(918	)		(1,008	)		(2,886	)		(3,170	)
Non-operating income (expense)
Interest income		420			436			504			1,279			1,492
Foreign exchange gain (loss) - net		(381	)		1,330			182			816			(180	)
Changes in the fair value of an instrument recognized at fair value		2			(9	)		(6	)		(4	)		7
Other-net		(14	)		5			8			(9	)		18
		27			1,762			688			2,082			1,337
Income (loss) from continuing operations before income taxes		(971	)		844			(320	)		(804	)		(1,833	)
Income tax expense		—			—			—			—			—
Net income (loss) attributable to shareholders of GigaMedia		(971	)		844			(320	)		(804	)		(1,833	)
Earnings (loss) per share attributable to GigaMedia:
Basic		(0.09	)		0.08			(0.03	)		(0.07	)		(0.17	)
Diluted		(0.09	)		0.08			(0.03	)		(0.07	)		(0.17	)
Weighted average shares outstanding:
Basic		11,052			11,052			11,052			11,052			11,052
Diluted		11,052			11,052			11,052			11,052			11,052

GIGAMEDIA LIMITED

CONSOLIDATED BALANCE SHEETS


	9/30/2025		6/30/2025		9/30/2024
(in US$ thousands)	unaudited		unaudited		unaudited
Assets
Current assets
Cash and cash equivalents		29,073		30,873		35,015
Accounts receivable - net		140		167		157
Prepaid expenses		148		235		123
Restricted cash		313		313		313
Other receivables		241		259		392
Other current assets		142		140		144
Total current assets		30,057		31,987		36,144

Investment in securities - noncurrent		9,620		8,120		6,840
Property, plant & equipment - net		97		98		102
Intangible assets - net		2		4		5
Prepaid licensing and royalty fees		56		86		179
Other assets		1,401		1,403		1,244
Total assets		41,233		41,698		44,514

Liabilities and equity
Accounts payable		44		30		27
Accrued compensation		419		314		350
Accrued expenses		873		702		912
Unearned revenue		570		614		608
Other current liabilities		323		332		691
Total current liabilities		2,229		1,992		2,588
Other liabilities		182		286		154
Total liabilities		2,411		2,278		2,742
Total equity		38,822		39,420		41,772
Total liabilities and equity		41,233		41,698		44,514

GIGAMEDIA LIMITED

RECONCILIATIONS OF NON-GAAP RESULTS OF OPERATIONS


	Three months ended									Nine months ended
	9/30/2025			6/30/2025			9/30/2024			9/30/2025			9/30/2024
(In US$ thousands)	unaudited			unaudited			unaudited			unaudited			unaudited
Reconciliation of Net Income (Loss) to EBITDA
Net income (loss) attributable to GigaMedia		(971	)		844			(320	)		(804	)		(1,833	)
Depreciation		18			13			12			44			36
Amortization		2			2			2			7			7
Interest income		(420	)		(436	)		(504	)		(1,279	)		(1,492	)
Interest expense		—			—			—			—			—
Income tax expense		—			—			—			—			—
EBITDA		(1,371	)		423			(810	)		(2,032	)		(3,282	)


FOR IMMEDIATE RELEASE	For further information contact:

	Investor Relations Department
	Country/City Code 8862 Tel: 2656-8000
	IR@gigamedia.com.tw