YY Group reports preliminary 2025 revenue up 39%-41% to $57-58 million
YY Group Holding Limited (NASDAQ: YYGH) announced preliminary financial results for fiscal year 2025, reporting estimated revenue between $57 million and $58 million, representing year-over-year growth of 38.7% to 41.1% compared to 2024 revenue of $41.1 million.
The Singapore-based workforce solutions and facilities management company also reported estimated gross profit of $7.5 million to $8 million for 2025, up 42.6% to 52.1% from the prior year's gross profit of $5.26 million. Gross margin is expected to range from 13.2% to 13.8%, compared to 12.8% in 2024.
The preliminary results are based on unaudited management accounts and remain subject to final review and completion of the annual audit. YY Group expects to report complete fiscal year 2025 results on or around March 31, 2026.
"Our preliminary fiscal year 2025 results demonstrate the significant progress we have made in scaling YY Group into a diversified, multi-market workforce outsourcing and facilities management platform," said CEO Mike Fu. The company attributed growth to both its on-demand staffing and integrated facilities management verticals, including contributions from businesses acquired during the year.
Chief Financial Officer Jason Phua noted that gross profit grew in line with or ahead of revenue across the estimated range. "While we continued to invest heavily in new markets, capabilities, and acquisitions throughout the year, the underlying economics of our core business continue to strengthen," Phua said.
YY Group operates through two core verticals providing on-demand staffing and integrated facility management services across Asia and other regions. The estimates are based on a USD/SGD full-year average exchange rate of 1.3056 as of December 31, 2025.
