Link: https://links.sgx.com/1.0.0/corporate-announcements/RZF9VBPZ4PFESB7G/9633ec95d1f2a398fe9d4970a8fa9c468f1a4ec0d3fdae6462beed3a3c74e486

Summary:

• Incredible Holdings Ltd. reported a significant decrease in revenue of approximately S$186,000 (91.63%), falling to S$17,000 for the third quarter ended 31 March 2025, attributed to decreased customer demand and increased market competition.
• Revenue from key segments like luxury goods and distribution also saw substantial declines.
• The Group reported a net loss of S$180,000 for the quarter, which is lower compared to the net loss of S$372,000 in the corresponding period of the previous year.
• Significant reductions were achieved in various expense categories, including administrative expenses (down 34.34%) and finance costs (down 98.33%).
• The decrease in expenses helped mitigate the impact of the sharp revenue decline, resulting in a lower net loss for the quarter compared to the prior year.