Venture Corporation (V03) Q1 2025 earnings summary

Executive summary

• Revenue for 1Q 2025 was S$616.6 million, down 7.5% year-over-year, mainly due to lower demand in the Lifestyle Consumer technology domain.

• Net profit reached S$55.9 million, with a net margin of 9.1%, reflecting improved cost efficiency and higher value solutions.

• Excluding the Lifestyle Consumer technology domain, revenue would have increased year-over-year.

Financial highlights

• Earnings per share for 1Q 2025 was 19.3 Singapore cents, a 6.8% decrease year-over-year.

• Net cash generated from operating activities was S$55.4 million for the quarter.

• Net asset value per share as of 31 March 2025 was S$10.11.

Outlook and guidance

• Customers report significant uncertainty due to ongoing tariff situations, with no clear visibility for the next 12 months.

• Focus remains on creating innovative products and expanding market share in multiple technology domains.