Stock Track | iFAST Soars 3.53% Intraday on Strong Financial Results and Growth Initiatives

Stock Track
Feb 09

iFAST Corporation's stock surged 3.53% during intraday trading on Monday, reflecting strong investor confidence in the company's performance and growth trajectory.

The fintech company has demonstrated robust financial growth, with its third quarter 2025 results showing a 37% year-on-year increase in gross revenue to S$135.82 million and a 54.7% rise in net profit to S$26.01 million. The company's strategic initiatives, including the Hong Kong eMPF rollout and expansion into digital banking, have positioned it as a fast-growing player in Singapore's fintech sector.

Investor sentiment was further bolstered by iFAST's dividend announcement, with a third interim dividend of S$0.023 per share representing a 53% increase from the previous year. The company's guidance points to a potential full-year payout of S$0.082 for FY2025, indicating a 39% year-on-year increase and reflecting greater confidence in the company's cash flow stability.

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