- Info-Tech Systems (SGX:ITS) is a leading provider of cloud-based Human Resource Management System (HRMS) and accounting software, specifically engineered for the Small and Medium Enterprise (SME) segment.
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- Info-Tech has grown its integrated digital ecosystem, transitioning from a traditional window-based HRMS into a cloud-based proprietary HRMS. Today, it serves over 27,000 organizations and supports approximately 1,000,000 active users across Singapore, Malaysia, Hong Kong and India.
Financial Results:
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- The Group’s gross profit improved from S$37.4m to S$48.1m, signaling a 28.6% increase while maintaining high level of gross margins at 85.2%. Overall, net profit increased 21.7%, rising from S$12.3m to S$15.0m. Excluding one-off expenses, adjusted net profit reached S$18.0m, representing a 46% y-o-y increase.
- Demonstrating a strong commitment to shareholder returns, the proposed 3.50 Singapore cents Info-Tech's dividends for FY2025 of translating to a dividend yield of 3.4% .
- Info-Tech has also maintained a “fortress” balance sheet with zero debt and a net cash position of S$67.3m, representing approximately one-fourth of their market capitalization.
Investment Catalysts:
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