Lion Asiapac (BAZ) Q1 2026 earnings summary

Executive summary

• Q1 FY2026 revenue rose 88% YoY to S$8.0m, while continuing-operations net loss widened to S$7.2m, chiefly reflecting a S$9.3m foreign currency reserve derecognition linked to CESB’s disposal.

• Total net loss was S$7.3m, but total comprehensive income was S$2.6m, supported by S$10.0m of foreign currency translation gains.

Financial highlights

• Revenue was S$8.036m versus S$4.279m YoY; higher trading orders and roofing-solution supply drove the increase.

• Other income and gains rose to S$2.215m from S$0.276m, including a S$1.930m gain on disposal of CESB.

• Continuing-operations loss before tax was S$7.010m versus S$0.208m; after-tax loss was S$7.182m versus S$0.257m.

• Total net loss was S$7.339m versus S$0.157m; total comprehensive income reached S$2.572m versus S$1.226m.

• Operating cash flow was S$0.7m; disposal proceeds supported S$10.1m investing cash inflow and a S$10.4m net increase in cash.

Outlook and guidance

• Focus will be on growing roofing and trading businesses and exploring investment opportunities to enhance shareholder value.

• No numerical outlook was stated; management plans prudent responses to an uncertain economic outlook and to pursue emerging opportunities.