Quarterly ResultJul 7, 2026, 04:36 PM
iOThree FY2026 Revenue $14.7M (+40%); Gross Profit $3.2M (+68.4%); Net Loss $1.2M
AI Summary
iOThree Limited reported strong financial results for FY2026, with total revenue increasing 40.0% to US$14.7 million and gross profit growing 68.4% to US$3.2 million. The growth was primarily driven by its Edge computing infrastructure and Digital segment, leading to an improved gross profit margin of 21.4%. Despite the top-line growth, the company recorded a net loss of US$1.2 million due to higher general and administrative expenses, including one-off listing costs. iOThree is expanding geographically into Japan and developing new products, but faces challenges from a global memory shortage affecting server supplies.
Key Highlights
- FY2026 total revenue reached US$14.7 million, a 40.0% increase from US$10.5 million in FY2025.
- Gross profit grew 68.4% to US$3.2 million in FY2026, up from US$1.9 million in FY2025.
- Overall gross profit margin improved from 17.8% to 21.4% in FY2026.
- The company recorded a net loss of US$1.2 million for FY2026, or US$0.6 million excluding one-off listing expenses.
- Revenue growth was primarily driven by the Edge computing infrastructure and Digital segment.
- The shipboard digital bulletin board service is expected to launch in Q3 2026.
- The Japan office is anticipated to be operational by early Q4 2026.
- Global memory shortage is affecting server supplies, impacting Q2 performance.
Price Impact