iWOW Technology Reports Full Year 2025 Financial Results
July 13, 2025 - 09:46
iWOW Technology has announced its financial results for the full year 2025, revealing a significant shift in its performance compared to the previous year. The company reported a loss of S$0.007 per share, a notable decline from the profit of S$0.01 per share recorded in fiscal year 2024.
The company's revenue for the year was S$34.6 million, reflecting a 24% decrease from FY 2024. This downturn in revenue can be attributed to various factors, including increased competition and market challenges that have affected sales across its product lines.
In light of these results, the company is reevaluating its operational strategies to enhance efficiency and drive growth in the coming fiscal year. Management expressed commitment to exploring new opportunities and innovations aimed at reversing the current trend and improving overall financial performance.
As iWOW Technology navigates these challenges, stakeholders will be closely monitoring its strategic initiatives and market response in the upcoming quarters.
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