Summary:

• Returned to profitability with net profit of S$0.20 million for FY2025, reversing a loss of S$2.27 million in FY2024 as revenue jumped 70.6% to S$22.79 million on strong project deliveries and export sales​

• Core door and shutter systems segment led the turnaround, with sales soaring 167.3% to S$14.94 million, while Singapore revenue more than doubled to S$16.34 million and now contributes 71.7% of group sales​

• Flagship Gliderol Insulated Fire Shutter (IFS-4G) has become a key growth engine, accounting for about 50% of quotations and half of the current order book, underpinning demand in Singapore, Malaysia, Hong Kong and Vietnam, with new interest from New Zealand and Australia​

• Balance sheet remains debt-free, with cash rising to S$6.59 million and total assets at S$21.05 million, even after issuing S$3.17 million in convertible bonds and absorbing higher marketing and administrative costs to support growth​

• Management is pushing a digitalisation drive via a Field Service Management platform slated for full launch in FY2026 to boost lifetime service revenues and customer retention across design, installation and maintenance​

• Sustainability metrics improved, with GHG emission intensity falling from 27 to 15 tCO2 per S$1 million of revenue, while the group reported zero significant compliance breaches or corruption incidents for FY2025​