AMOS Group (49B) H1 2025 earnings summary

Executive summary

• 1H FY2025 revenue fell 27.0% to S$29.8m as lower-profitability offerings were removed; gross margin improved to 26.3%, while net loss widened to S$6.5m.

• Efforts to prioritize higher-yield business, reduce inventory and receivables, repay debt and cut overhead supported operational efficiency.

Financial highlights

• Revenue was S$29.816m, down 27.0% YoY; gross profit fell 9.9% to S$7.846m.

• Loss before tax increased 5.8% to S$6.432m; net loss rose 5.8% to S$6.475m.

• Distribution costs declined 2.9% to S$4.001m and administrative expenses fell 17.1% to S$8.193m; other operating expenses rose to S$1.360m, mainly on FX losses.

• Net cash used in operating activities was S$1.167m, versus S$5.079m generated in 1H FY2024; investing activities generated S$4.509m, mainly from asset disposals.

Outlook and guidance

• Portfolio streamlining targets higher-yield opportunities, which are expected to improve revenue and profit margins in subsequent periods.

• Economic outlook was described as positive, while geopolitical concerns weighed on sentiment; energy and shipping industries were showing strength.