Life Insurance Business was Maase’s largest product and service line in fiscal 2025, bringing in $625.10M of $781.22M (80%).
| Product and Service | FY 2021 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Life Insurance Business | — | $827.80M | $625.10M | |
| Wealth Management | — | — | — | |
| Non-Life Insurance Business | — | $72.44M | $102.44M | |
| Wealth Management & Others | $114.44M | $62.97M | $53.68M | |
| Asset Management | — | — | — | |
| Consulting & Others | — | — | — | |
| Total | $114.44M | $963.21M | $781.22M |
Maase brought in $781.22M from its three product and service lines in fiscal 2025, the year ended June 30, 2025. That was down 18.9% from $963.21M in fiscal 2024. Life Insurance Business was the largest at $625.10M (80.0%), ahead of Non-Life Insurance Business at $102.44M (13.1%) and Wealth Management & Others at $53.68M (6.9%).
Compared with fiscal 2024, Non-Life Insurance Business grew fastest, up 41.4% to $102.44M, while Life Insurance Business fell the most, down 24.5% to $625.10M.
Maase began breaking out Life Insurance Business in fiscal 2024 and Non-Life Insurance Business in fiscal 2024.
Life Insurance Business was Maase’s largest product and service line in fiscal 2025, bringing in $625.10M of $781.22M (80%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Life Insurance Business | — | — | $827.80M | $625.10M |
| Wealth Management & Others | $188.74M | $114.44M | $62.97M | $53.68M |
| Non-Life Insurance Business | — | — | $72.44M | $102.44M |
| Total | $188.74M | $114.44M | $963.21M | $781.22M |
Maase brought in $781.22M from its three product and service lines in fiscal 2025, the year ended June 30, 2025. That was down 18.9% from $963.21M in fiscal 2024. Life Insurance Business was the largest at $625.10M (80.0%), ahead of Non-Life Insurance Business at $102.44M (13.1%) and Wealth Management & Others at $53.68M (6.9%).
Compared with fiscal 2024, Non-Life Insurance Business grew fastest, up 41.4% to $102.44M, while Life Insurance Business fell the most, down 24.5% to $625.10M.
Maase began breaking out Life Insurance Business in fiscal 2024 and Non-Life Insurance Business in fiscal 2024.
Point In Time was Maase’s largest revenue line in fiscal 2025, bringing in $736.07M of $781.22M (94%).
| Timing of Transfer of Good or Service | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Point In Time | $51.36M | $913.24M | $736.07M |
| Over Time | $63.08M | $49.97M | $45.15M |
| Total | $114.44M | $963.21M | $781.22M |
Maase brought in $781.22M from its two revenue lines in fiscal 2025, the year ended June 30, 2025. That was down 18.9% from $963.21M in fiscal 2024. Point In Time was the largest at $736.07M (94.2%), ahead of Over Time at $45.15M (5.8%).
Compared with fiscal 2024, Over Time fell 9.7% to $45.15M and Point In Time fell 19.4% to $736.07M. From fiscal 2023 to 2025, combined revenue from these revenue lines grew from $114.44M to $781.22M, a compound annual growth rate of 161.3%. Point In Time's share of the total rose from 44.9% to 94.2%.
Maase (MAAS) reports its revenue by product and service and by timing of transfer of good or service. In fiscal 2025, Life Insurance Business was its largest product and service line, bringing in $625.10M (80.0% of the total), followed by Non-Life Insurance Business at $102.44M (13.1%).
Life Insurance Business was Maase's largest product and service line in fiscal 2025, bringing in $625.10M, or 80.0% of the $781.22M total across its three product and service lines.
Point In Time was Maase's largest revenue line in fiscal 2025, bringing in $736.07M, or 94.2% of the $781.22M total across its two revenue lines.
Among Maase's product and service lines that make up at least 2% of revenue, Non-Life Insurance Business grew fastest in fiscal 2025, up 41.4% from $72.44M to $102.44M.
Every figure comes from Maase's annual financial filings, as reported. Each line keeps the name Maase gives it, and years follow its fiscal calendar.
Maase's revenue by product and service goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.