YY Group reports 39% revenue growth to $57.2 million in 2025

YY Group Holding Limited (NASDAQ: YYGH) reported full-year 2025 revenue of $57.2 million, representing a 39.3% increase from $41.1 million in 2024, according to unaudited financial results released by the Singapore-based workforce solutions company.

The company's gross profit increased 50.2% year-over-year to $7.9 million for 2025, with gross profit margin expanding to 13.8% from 12.8% in the prior year. Second-half 2025 revenue reached $31.5 million, up 44.2% from $21.8 million in the same period of 2024.

YY Group recorded an operating loss of $20.6 million for 2025, compared with a loss of $4.1 million in 2024. The increase was attributed to $6.6 million in share-based compensation expenses and $9.6 million in goodwill and intangible asset impairments related to exiting underperforming global subsidiaries.

Revenue from the company's Manpower Services segment grew 29.4% to $23.0 million, while IFM Services revenue increased 40.7% to $32.9 million. The IFM segment's customer base more than doubled in 2025 through organic growth and acquisitions.

"Full year revenue of US$57.2 million, representing year-over-year growth of 39.3%, reflects strong execution across both our manpower and IFM verticals," said Mike Fu, CEO of YY Group.

The company provided 2026 revenue guidance of $103 million to $110 million and expects to achieve non-IFRS net profitability in fiscal year 2026. YY Group completed a 50-for-1 reverse stock split effective March 23, 2026.

Net loss attributable to ordinary shareholders was $21.4 million for 2025, compared with a net loss of $4.8 million in 2024. On a non-IFRS basis, the net loss was $7.6 million compared with a profit of $0.3 million in 2024.

You May Also Be Interested In

• Primoris cuts 2026 outlook on renewables cost overruns, COO exits
• Robinhood prices $2B convertible notes offering due 2029
• Arvinas CMO to depart in July as company begins search