Credit Bureau Asia (TCU) H2 2024 earnings summary

Executive summary

• Achieved double-digit revenue and profit growth for FY2024, with strong performance across both core business segments.

• Expanded market penetration and product offerings, particularly in the non-FI Data Business.

Financial highlights

• FY2024 revenue increased 10% year-over-year to S$59.7 million.

• Net profit before tax rose 14% year-over-year to S$30.5 million.

• PATMI grew 14% year-over-year to S$11.2 million.

• Total FY2024 dividend increased 8.1% to 4.0 Singapore cents per share.

Outlook and guidance

• Plans to continue expanding through new business initiatives and potential acquisitions in the region.