Info-Tech Systems (ITS) H2 2025 earnings summary

Executive summary

• FY2025 revenue was S$56.486m, up 29% YoY; adjusted EBITDA was S$24.156m, up 42%, and adjusted PAT was S$18.020m, up 46%.

• Reported NPAT rose 22% to S$15.0m; growth reflected stronger SaaS subscriptions, a more than three-fold increase in Services revenue, and customer expansion.

• Cash was S$67.3m at 31 Dec 2025, with a S$29.0m orderbook supporting revenue visibility; customer retention was 90%.

Financial highlights

• Revenue increased to S$56.486m from S$43.713m; gross profit rose 29% to S$48.123m.

• Reported EBITDA increased 22% to S$21.2m; adjusted EBITDA rose 42% to S$24.156m, while adjusted operating profit was S$21.740m, up 47%.

• Adjusted PBT increased 48% to S$22.064m; adjusted PAT rose 46% to S$18.020m. Reported NPAT was S$15.0m, up 22%.

• Basic EPS increased 22% to 5.82 Singapore cents; 2H2025 revenue rose 53% to S$34.1m, NPAT rose 73% to S$9.9m, and adjusted EBITDA grew 91% to S$14.7m.

• FY2025 operating cash flow was S$16.828m and free cash flow was S$16.869m.

Outlook and guidance

• Integrated CRM launched in Feb 2026 to complement HRMS and accounting products; targeted marketing and customer engagement will support adoption across markets.

• Academy course expansion, higher marketing investment, and expanded facilities support growth; demand for AI training is expected to increase following Singapore Budget 2026.

• Dubai subsidiary supports planned Middle East entry in 2026; Malaysia and India operations are intended to anchor customer support and R&D.

• Growth momentum is expected to be supported by digitalisation across Singapore, Malaysia, Hong Kong, and India, alongside margin focus and cost discipline; no quantified FY2026 guidance was stated.