Revenue growth of 44.2% in 2025Q4 is undermined by structural margin compression, with gross margins falling to 11.5% and operating margins plummeting to -32.1%.
| Sales/Revenue | 57.25M | 41.1M | 31.77M | 20.02M | 17.46M |
| Revenue Growth % | 39.27% | 29.37% | 58.68% | 14.67% | - |
| Cost of Goods Sold | 49.35M | 35.84M | 28.12M | 17.45M | 15.12M |
| COGS % of Revenue | 86.2% | 87.21% | 88.51% | 87.15% | 86.57% |
| Gross Profit | 7.9M | 5.26M | 3.65M | 2.57M | 2.35M |
| Gross Margin % | 13.8% | 12.79% | 11.49% | 12.85% | 13.43% |
| Gross Profit Growth % | 50.19% | 44% | 41.96% | 9.69% | - |
| Operating Expenses | 21.24M | 9.4M | 2.23M | 1.34M | 2.77M |
| OpEx % of Revenue | 37.11% | 22.86% | 7.03% | 6.69% | 15.84% |
| Selling, General & Admin | 22.41M | 11.1M | 4.04M | 3.23M | 2.77M |
| SG&A % of Revenue | 39.15% | 27% | 12.71% | 16.16% | 15.84% |
| Research & Development | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - |
| Other Operating Expenses | -1.17M | -1.7M | -1.8M | -1.9M | 0 |
| Operating Income | -13.34M | -4.14M | 1.42M | 1.23M | 517.76K |
| Operating Margin % | -23.31% | -10.07% | 4.46% | 6.16% | 2.97% |
| Operating Income Growth % | -222.53% | -391.98% | 14.93% | 138.11% | - |
| EBITDA | -12.41M | -3.77M | 1.71M | 1.57M | 916.56K |
| EBITDA Margin % | -21.68% | -9.16% | 5.37% | 7.86% | 5.25% |
| EBITDA Growth % | -229.54% | -320.79% | 8.39% | 71.66% | - |
| D&A (Non-Cash Add-back) | 934.21K | 371.52K | 288.56K | 340.56K | 398.8K |
| EBIT | -21.17M | -4.45M | 1.42M | 1.23M | 564.54K |
| Net Interest Income | -450.5K | -431.44K | -328.61K | -329.37K | -169.61K |
| Interest Income | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 450.5K | 431.44K | 328.61K | 329.37K | 169.61K |
| Other Income/Expense | -8.28M | -431.44K | -328.61K | -329.37K | -169.61K |
| Pretax Income | -21.62M | -4.57M | 1.09M | 903.49K | 348.15K |
| Pretax Margin % | -37.77% | -11.11% | 3.43% | 4.51% | 1.99% |
| Income Tax | -38.76K | 275.91K | 224.3K | 142.15K | -14.71K |
| Effective Tax Rate % | 0.18% | -6.04% | 20.61% | 15.73% | -4.22% |
| Net Income | -21.42M | -4.84M | 852.33K | 761.63K | 362.86K |
| Net Margin % | -37.42% | -11.77% | 2.68% | 3.8% | 2.08% |
| Net Income Growth % | -342.75% | -667.59% | 11.91% | 109.9% | - |
| Net Income (Continuing) | -21.58M | -4.84M | 864.04K | 761.34K | 362.86K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 3.31M | 43.33K | 10.9K | -676 | 0 |
| EPS (Diluted) | -43960.80 | -9000.00 | 1687.50 | 1447.50 | 750.00 |
| EPS Growth % | -388.45% | -633.33% | 16.58% | 93% | - |
| EPS (Basic) | -43960.80 | -9000.00 | 1687.50 | 1447.50 | 765.00 |
| Diluted Shares Outstanding | 487 | 526 | 505 | 526 | 526 |
| Basic Shares Outstanding | 487 | 526 | 505 | 526 | 526 |
| Dividend Payout Ratio | - | - | - | - | - |
Liquidity and margin compression
According to recent financial filings, YYGH achieved a 44.2% year-over-year revenue growth in 2025Q4, signaling aggressive market share capture within Singapore's hospitality and MICE sectors, though this rapid top-line expansion appears increasingly sensitive to the cyclical nature of event-based labor demand and seasonal corporate spending patterns.
The company's revenue trajectory suggests a successful penetration of the manpower outsourcing market, yet the lack of consistent sequential growth indicates that this expansion is highly dependent on external event calendars. Investors should monitor whether this growth is sustainable or merely a reflection of temporary post-pandemic demand spikes in the Singaporean market.
Based on reported figures, YYGH's gross margin contracted to 11.5% in 2025Q4, reflecting the inherent difficulty in passing through rising labor costs in a hyper-competitive environment where the company's tech-enabled service model has yet to demonstrate a clear, sustainable pricing premium over traditional facility management competitors.
The inability to expand gross margins despite significant revenue growth suggests that the company's service offerings are currently treated as commodities. This margin profile implies that the firm lacks the pricing power necessary to offset inflationary pressures in the Singaporean labor market, warranting caution regarding long-term profitability.
As reported in financial statements, YYGH's operating margin plummeted to -32.1% in 2025Q4, indicating that SG&A expenses are scaling significantly faster than gross profit, which suggests that the company's current investment in infrastructure and platform development is not yet yielding the expected operational efficiencies.
The divergence between revenue growth and operating income suggests a lack of scalability in the current business model. The significant increase in SG&A, potentially linked to aggressive expansion or platform maintenance, appears to be eroding shareholder value rather than building a sustainable competitive advantage.
Based on the latest income statement data, YYGH recorded $6.6M in stock-based compensation during 2025Q4, a substantial figure that significantly exacerbates the reported net loss of $13.2M and complicates the assessment of the company's underlying operational performance and true cash-based profitability for equity holders.
The heavy reliance on stock-based compensation as a primary expense item suggests that the company's reported net income is heavily influenced by non-cash accounting charges. Investors should interpret these figures with skepticism, as the true economic cost of labor and management incentives may be higher than the GAAP net loss implies.
As indicated by the company's financial disclosures, the combination of a -41.8% net margin and a thin cash position of $1.5M suggests that YYGH may face a liquidity crunch, potentially forcing dilutive financing to sustain its current high-growth, loss-making operational strategy in the near term.
The current burn rate appears unsustainable without a significant shift toward operational profitability or an external capital injection. Short-term investors should monitor the cash-to-revenue ratio closely, as the company's ability to fund its ongoing R&D and operational expansion is increasingly constrained by its current financial structure.
Quick answers to the most common questions about buying YYGH stock.
For fiscal year 2025, YY Group Holding Limited (YYGH) reported total revenue of $57.2M. This represents a 227.9% increase compared to $17.5M in 2021.
YY Group Holding Limited (YYGH) reported a net loss of $21.4M for the fiscal year ending 2025.
YY Group Holding Limited (YYGH) reported an operating income of $-13.3M, resulting in an operating profit margin of -23.3%. This margin reflects the operational efficiency of the business before interest and taxes.
YY Group Holding Limited (YYGH) generated $7.9M in gross profit for the year, representing a gross profit margin of 13.8%. This demonstrates the company's core pricing power and production efficiency.