Primech Holdings (PMEC) Q4 2025 earnings summary

Executive summary

• Revenue increased to S$99.5 million for the year ended 31 March 2025, up from S$97.5 million year-over-year.

• Gross profit rose to S$23.5 million from S$17.0 million, despite higher general and administrative expenses.

• Net loss narrowed to S$2.96 million from S$6.45 million year-over-year.

• Total assets stood at S$54.6 million, with equity attributable to parent at S$19.4 million.

Financial highlights

• Revenue grew by 2% year-over-year, driven mainly by services rendered.

• Gross margin improved to 23.6% from 17.4% year-over-year.

• Operating loss before tax reduced to S$2.34 million from S$6.51 million.

• Cash and cash equivalents increased to S$4.04 million from S$0.08 million.

• Net cash from operating activities was S$14.3 million, a significant turnaround from negative S$7.9 million.

Outlook and guidance

• Management expects S$162.1 million in unsatisfied or partially unsatisfied performance obligations to be recognized as revenue in future periods.