FST Ltd. $(KBSX)$ reported unaudited financial results for the fourth quarter (Q4) and full year (FY) ended December 31, 2025. Q4 revenue reached USD 13.22 million, up 30% due to additional sales in the OEM business across both steel and graphite product lines. Gross profit margin for the quarter was 41.6%, compared to 46.0% in the prior-year quarter, attributed to higher landed costs and a seasonal shift in product mix toward moderate margin items. Net loss for Q4 was USD 0.62 million, or USD (0.01) per share, marking an improvement from the same period a year earlier. For the full year 2025, revenue was USD 47.97 million, an increase of 31%, driven by expanded market share in the steel shaft business with OEM partners and growth in KBS graphite sales. Gross profit margin remained stable at 43.0%, compared to 43.1% in 2024. The company reported a net loss of USD 7.16 million, or USD (0.16) per share, for 2025. Excluding USD 2.44 million in listing-related expenses, USD 0.85 million in foreign exchange loss, and USD 1.88 million in unrealized loss on change in fair value of OET derivative liability, the net loss would have been USD 1.98 million for the year. FST Ltd.’s CEO highlighted strong revenue growth and noted the improvement in bottom-line performance after adjusting for IPO-related expenses, foreign exchange loss, and derivative liability. The company is evaluating additional cost-control measures and new strategies to mitigate currency risk. As of December 31, 2025, FST Ltd. had cash and cash equivalents of USD 7.18 million, total current assets of USD 27.48 million, and total current liabilities of USD 34.65 million. The company believes its current liquidity, along with cash flows from operations and available credit facilities, will be sufficient to fund operating requirements for the next 12 months.

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. FST Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 283749) on February 12, 2026, and is solely responsible for the information contained therein.