Click here to support us!
Back 01 Apr 2025

AsiaMedic Limited Reports FY2024 Financial Results

Link: https://links.sgx.com/1.0.0/corporate-announcements/E8SZ2QLX2CYYFGOJ/ee004d63a81b2e30cd5649b9d60854887bcbd5629ad0dc1e69410a574988c2c7

Summary:

  • Revenue: Increased to S$11.2 million in FY2024, up from S$10.5 million in FY2023.

  • Net Profit: Achieved S$1.3 million, a significant improvement from a net loss of S$0.4 million in the previous year.

  • Earnings Per Share (EPS): Rose to 0.15 Singapore cents, compared to a loss per share of 0.05 cents in FY2023.

  • Total Assets: Increased to S$15.8 million as of 31 December 2024, from S$14.9 million a year earlier.

  • Total Liabilities: Decreased to S$4.2 million, down from S$5.1 million at the end of FY2023.

  • Cash and Cash Equivalents: Improved to S$3.5 million, up from S$2.8 million in the prior year.

Note: All data is sourced from AsiaMedic Limited's Annual Report for the financial year ended 31 December 2024.