Link: https://links.sgx.com/1.0.0/corporate-announcements/45GQGZY1NEYIBNGH/6ac2500574d309c180fbcb5ebf2ec757c358ae26afb265bc159bc460ee7d3386

Summary:

• Net profit soared 54.2% year-on-year to S$12.4 million, backed by strong execution of its Five-Star Factory initiative and improved operational efficiency.

• Group revenue increased 12.6% to S$65.2 million, driven by growth in consumable tools (up 5.7%) and wafer fabrication equipment (WFE) segment (up 45.5%).

• Gross profit grew 18.5% to S$32.2 million, with gross margin up to 49.4% from 47.0% last year.

• EBITDA jumped 23.8% to S$22.7 million; EBITDA margin improved to 34.9%.

• MMUS (U.S. plant) turned profitable (S$1.2 million profit vs. S$2.2 million loss in FY2024) after strategic product and engineering refocus.

• Free cash flow for the year was S$7.2 million; total cash and bank balances S$23.3 million at year-end with no borrowings.

• Total dividend for FY2025 proposed at 6.0 cents per share (final: 3.0 cents, interim: 3.0 cents), payout ratio of 67.3%.

• Group highlights disciplined capital management, innovation, talent development, and ongoing cost control to prepare for future volatility and long-term, sustainable growth.