MoneyMax Financial Services (5WJ) H2 2025 earnings summary

Executive summary

• FY2025 revenue rose 38.9% YoY to S$541.9m; profit before tax increased 82.4% to S$95.8m and profit attributable to owners rose 87.6% to S$71.7m.

• Growth was led by retail and trading of gold and luxury items and pawnbroking; the Singapore and Malaysia network reached 113 outlets at year-end.

Financial highlights

• H2 2025 revenue rose 45.9% YoY to S$299.0m; profit before tax increased 86.0% to S$55.7m and attributable profit rose 94.3% to S$42.0m.

• FY2025 net margin increased 3.4 percentage points YoY to 14.1%; H2 net margin rose 3.4 percentage points to 14.9%.

Outlook and guidance

• Priorities include expanding in Singapore and Malaysia through organic growth and acquisitions, enhancing the online app, and developing automotive and property-backed financing.

• Plans include modernising stores and expanding Malaysia’s drive-through pawnshop network; app enhancements include gold gifting.

• Focus remains on strategic opportunities and sustainable growth.