OxPay reported FY2025 revenue of SGD 4.8 million (+34%) and a net loss of SGD 3.0 million, according to its unaudited results for the year ended 31 December 2025. Gross profit was SGD 2.3 million and gross profit margin was 47%, while net cash used in operating activities was SGD 3.1 million and cash and cash equivalents were SGD 2.1 million at 31 December 2025. For Q4 2025, revenue was SGD 1.4 million (+76%) and net loss was SGD 0.9 million, with gross profit margin at 29%. OxPay said the FY revenue increase was mainly driven by higher sales from its digital commerce enabling solutions segment in Malaysia, while finance costs rose due to interest accrued on a convertible loan drawn down in April 2025. Subsequent to the period, two subsidiaries were struck off in January 2026, and the group incorporated a wholly owned subsidiary in Bhutan in January 2026.

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