SYNERTONE (ASX: 01613) has issued a profit alert, projecting that the group will record an annual loss of approximately HK$45 million for the fiscal year ending March 31, 2026.

This contrasts with a loss of about HK$36 million reported for the previous fiscal year ended March 31, 2025.

The anticipated increase in loss is primarily attributed to two key factors.

Firstly, the group expects its annual revenue to be around HK$36.8 million, representing a significant decrease of approximately 68.5% compared to the revenue of about HK$116.9 million achieved in the same period last year.

Secondly, the company anticipates a fair value loss of roughly HK$23.7 million on financial assets classified as at fair value through profit or loss.