YY Group Reports 33.7% Revenue Growth to $25.8 Million in H1 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: PRnewswire
- Significant Revenue Growth: YY Group's revenue for the first half of 2025 increased by 33.7% year-over-year to $25.8 million, reflecting the company's strong performance in global market expansion and execution excellence.
- Substantial Gross Profit Increase: Gross profit soared by 79.5% to $4.3 million, with gross margin improving from 12.3% to 16.6%, demonstrating the company's success in achieving scale benefits and technological advancements.
- Accelerated Market Expansion: The company entered three new markets globally and acquired three IFM businesses, rapidly diversifying revenue streams and enhancing market competitiveness and operational flexibility.
- Strong User Growth: The YY Circle app reached 586,389 downloads, with monthly active users increasing by 20%, indicating the company's ongoing technological advantages and increasing market penetration in workforce solutions.
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About YYGH
YY Group Holding Limited offers a technology-enabled platform providing workforce solutions and integrated facility management (IFM) services across Asia and beyond. It operates through two core verticals: on-demand staffing and IFM, delivering support to various industries, such as hospitality, logistics, retail and healthcare. Its business consists of global work marketplace, IFM, information technology, and digital and social marketing. Through its YY Circle operating division, it connects businesses with skilled professionals in the casual labor market on four continents. Its Hong Ye Group offers integrated facilities management solutions with a comprehensive range of maintenance and operation services. Its subsidiary, YY Smart Tech Pte Ltd, serves as the central entity for managing all IT services, including infrastructure, cybersecurity, IoT, and software development. Its MediaPlus division focuses on delivering digital solutions. It is also engaged in property investment sector.
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.
