๐ Celebrating iWOW's Outstanding Growth! ๐
We are thrilled to announce our stellar 2H2024 financial results, which have been featured in The Edge.๐น Robust Performance: 2H2024 revenue soared by 242.5% year-on-year to S$29.1 million, with a corresponding net profit increase of 115.3% y-o-y to S$2.5 million โ this remarkable growth highlights the success of our strategic efforts and strong market presence.๐น Smart City Infrastructure: Solid revenue growth in 2H2024 and FY2024 was driven by full-year contributions from our Smart City Infrastructure segment โ this underscores the fact that our innovative solutions continue to drive our operational excellence.๐น Strong Order Book: With an order book of approximately S$93.5 million as of April 2024, we have revenue visibility into FY2025, ensuring sustained growth and stability.๐น Eldercare Technology: The recent launch of the BOP (Buddy Of Parents) Button marks a significant step into the eldercare technology market, showcasing our commitment to cutting-edge and impactful solutions. Read the full article in The Edge: https://www.theedgesingapore.com/capital/results/iwow-reports-lower-net-profit-28-mil-fy2024-815-y-o-y-growth-revenue For our detailed results: https://links.sgx.com/1.0.0/corporate-announcements/WMZY872XNQ4H2Z5O/9e6b2b4237acae6944289b89c9e4e1e486bcd7ec23a6fff1443e54d3388f4d27 Learn more about BOP: https://www.buddyofparents.com/ #iWOW #FinancialResults #SmartCity #EldercareTechnology #Innovation #Growth #Revenue #TechIndustry #FutureReady
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