TechCreate Reports 10.4% Revenue Growth to S$1.9 Million in H1 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Businesswire
- Revenue Growth: TechCreate's total revenue increased by 10.4% to S$1.9 million (US$1.5 million) in H1 2025, primarily driven by the successful launch of a Real-Time Engine project in Singapore and the QR Terminal business in Cambodia, indicating a rebound in market demand for payment solutions.
- Gross Margin Improvement: Gross profit margin rose to 70.5% from 57.8% last year, mainly due to increased revenue from professional services and a decrease in software license sales, demonstrating the effectiveness of the company's strategic shift towards higher-margin businesses.
- Significant Reduction in Net Loss: Net loss narrowed to approximately S$20,000 (US$16,000) compared to S$400,000 in the same period last year, reflecting effective measures in cost control and revenue enhancement, which boosts confidence in future profitability.
- Improved Cash Flow Position: As of June 30, 2025, cash and cash equivalents stood at approximately S$1.3 million (US$1.0 million), indicating enhanced liquidity in operations and providing a financial cushion for future investments and expansions.
TCGL
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About TCGL
TechCreate Group Ltd. is a Singapore-based payment software solutions provider. The Company delivers digital payment and infrastructure solutions to financial institutions, telecommunications, deposit insurance, and enterprises. It offers real-time payment systems, digital banking platforms, API management, cybersecurity, and cloud computing. Its proprietary Artificial Intelligence Real-Time Engine (AIRTE) is designed to enable fast, secure, and efficient payment processing. Its solutions include faster payment system engine, cybersecurity, digitalization, cloud services, hyper-coveraged information technology (IT) infrastructure, satellite services, secured application programming interface (API) gateway, secured app services, credit card solution, and e-invoice solution. The Company’s key markets comprise customers in Singapore, Brunei, and Cambodia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
