JBDI Holdings Ltd. released its financial results for the six months ended November 30, 2024, showing a decrease in revenue and a shift to a net loss. The company's revenue decreased by approximately $0.4 million, or 7.8%, to $4.4 million compared to $4.8 million in the same period of 2023. This decline in revenue contributed to a net loss of $1.6 million, compared to a net income of $0.4 million in the previous year. The loss from operations was approximately $1.6 million for the six months ended November 30, 2024, contrasting with an income from operations of approximately $0.4 million for the same period in 2023. The company reported a net loss per share of $0.08 as of November 2024. The financial performance was affected by various factors, including a decrease in revenues from Singapore, which accounted for approximately $3.8 million of the total revenue, down from $4.0 million in 2023. Other income, net, was relatively stable at $61,000 compared to $62,000 in the prior year, with gains from disposal, interest incomes, and government grants being lower than in 2023. The results indicate financial challenges for JBDI Holdings Ltd., with no specific guidance or outlook provided in the report.