Serial Achieva reported FY2025 sales of USD 96.8 million (up 22%) and a net loss of USD 0.7 million, according to its unaudited full-year results for the year ended 31 December 2025. Gross profit was USD 2.9 million (up 77%) with gross profit margin at 3.0% (up 0.9 pt). Finance expense was USD 1.0 million (up 191%), while interest income rose to USD 0.7 million (up 4,353%) mainly from leasing interest income tied to a three-year non-cancellable finance lease agreement entered in September 2025 for the sub-lease of co-location space. For 2H2025, sales were USD 47.2 million (down 21%) and net loss was USD 0.3 million (down 69%), with gross profit margin at 2.6% (up 0.9 pt). Cash and cash equivalents were USD 7.5 million as at 31 December 2025, and net asset value per share was 2.39 US cents. Operationally, the Thailand segment (which started in July 2024) delivered FY2025 sales of USD 39.8 million, supported by expanded product lines and full-year operations, while Malaysia sales were USD 57.0 million on demand for desktop CPUs, VGA cards, laptops and motherboards. The group cited the cessation of business at its 55%-owned Singapore subsidiary Achieva Tech Allianz Pte. Ltd. as a factor affecting 2H2025 sales; the subsidiary was struck off on 21 December 2025. Separately, the group incorporated Achieva Cloud Services Sdn Bhd in Malaysia to provide co-location services, and entered a joint venture agreement to set up Achieva Vietson Co., Ltd. in Vietnam (49% stake) for IT distribution, with capital not yet injected as at the announcement date.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Serial Achieva Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 3KUR13U7PEWS4DPH) on February 25, 2026, and is solely responsible for the information contained therein.