Back 23 Feb 2026

ValueMax FY2025 profit tops S$103.6m on 21% revenue jump; underlying PAT up 40.7% and total dividend hiked 45%

Summary:

  • Revenue grew 21.3% year on year to S$553.1 million, while profit before tax rose 26.2% to S$123.2 million and profit after tax climbed 23.7% to S$103.6 million.

  • Profit attributable to shareholders reached S$102.1 million, translating to basic EPS of 11.16 cents and diluted EPS of 10.77 cents, on stronger contributions from pawnbroking, jewellery and gold trading, and moneylending.

  • Excluding the S$10.1 million one-off gain from the FY2024 Well Chip IPO dilution, FY2025 profit before and after tax grew about 40.9% and 40.7% respectively, underscoring robust underlying operational momentum.

  • The Board proposed a final dividend of 2.68 cents per share, bringing total FY2025 dividend to 3.88 cents, up 44.8% year on year and implying payout ratios of roughly 34.8% (basic EPS) and 36.0% (diluted EPS).

  • Net assets increased to S$611.8 million and NAV per share to 64.40 cents, with a 1.43x debt‑to‑equity ratio supporting further network expansion and acquisitions amid a supportive gold price backdrop.

Link:
https://links.sgx.com/1.0.0/corporate-announcements/3HUDPSY7C5751I15/16e569de6f80d940e2bd64e13840098d3b955c5cf5993ad641fe5628aa9f3efc