Addvalue Technologies Reports 605% Surge in FY2025 Net Profit on Strong Revenue Growth
Summary:
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Revenue Growth: Addvalue Technologies Ltd. reported a 21.6% increase in revenue for the fiscal year ended 31 March 2025, reaching US$15.53 million, up from US$12.77 million in FY2024.
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Net Profit Surge: Net profit soared to US$1.95 million in FY2025, marking a 605% increase from US$277,000 in the previous year.
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Operating Income: Profit from operations more than doubled to US$2.10 million, compared to US$1.03 million in FY2024.
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Improved Gross Profit: Gross profit rose by 20.7% to US$8.10 million, reflecting enhanced operational efficiency.
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Reduced Finance Expenses: Finance expenses decreased by 35.5% to US$466,000, down from US$722,000 in the prior year.
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Balance Sheet Strength: Total assets increased to US$24.72 million as of 31 March 2025, from US$21.91 million the previous year, while total liabilities rose to US$16.68 million from US$15.77 million.
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Positive Outlook: The company’s strong financial performance positions it well for future growth and investment opportunities.