ISOTeam (5WF) H2 2025 earnings summary

Executive summary

• Revenue for FY2025 was S$119.2 million, down 8.4% year-over-year, with a strong order book of S$181.1 million to be delivered over the next two years.

• Net profit attributable to equity holders was S$5.1 million, a 21.2% decrease year-over-year, and EBITDA (excluding impairments) was S$12.0 million, down 20.6% year-over-year.

• Gross margin improved by 0.5 percentage points to 16.0% year-over-year.

• Final cash dividend of 0.08 cents per share declared, maintaining a 30% payout ratio as per updated dividend policy.

Financial highlights

• Revenue declined to S$119.2 million (-8.4% yoy), with gross profit margin rising to 16.0% (+0.5 pts yoy).

• EBITDA (excluding impairments) was S$12.0 million (-20.6% yoy); NPAT was S$5.1 million (-21.2% yoy).

• Basic EPS was 0.73 cents, down from 0.94 cents in FY2024.

• Net asset value increased to 6.79 cents per share.

• Cash and bank balances stood at S$10.7 million at year-end.

Outlook and guidance

• Aims for consistent revenue growth of at least 10% year-on-year and continued profitability improvement.

• Strong order book visibility through FY2029, supported by government initiatives and robust construction demand.

• Focus on core businesses, digitalisation, and green solutions to drive future growth.