VCPlus reported FY2025 revenue of SGD 191,000 (down 75% YoY) and a net loss attributable to equity holders of SGD 2.5 million (up 10% YoY), according to its unaudited full-year results for the year ended Dec. 31, 2025. For Q4 FY2025, revenue was SGD 31,000 (down 59% YoY) and net loss attributable to equity holders was SGD 1.5 million. Basic loss per share was 0.0455 Singapore cents for FY2025 and 0.0273 Singapore cents for Q4. As at Dec. 31, 2025, VCPlus had cash and cash equivalents of SGD 493,000, total assets of SGD 1.5 million and total liabilities of SGD 845,000. Net cash used in operating activities was SGD 1.4 million in FY2025. Management said the FY2025 revenue decline reflected a more competitive digital marketing landscape and the non-renewal of a subscription for a white-label digital asset wallet infrastructure solution after a contract expired in March 2025. The group highlighted its MAS-licensed Custody Plus unit’s focus on regulated digital asset custody and plans to align the business to support tokenization of real-world assets, while APEC Solutions is positioning to expand into AI-driven services and explore blockchain advisory opportunities. VCPlus also said it raised SGD 2.13 million in FY2025 through share issuances and intends to conduct further fundraising to strengthen working capital.

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. VCPlus Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: RYCV8G25K2JGJ0UH) on February 28, 2026, and is solely responsible for the information contained therein.