VibroPower turns around with 3Q FY2026 profit of S$0.1m; 9M swings to S$0.7m profit on 136% revenue surge and tighter costs
Summary:
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3Q FY2026 revenue jumped almost 4x to S$2.34m and 9M revenue more than doubled to S$8.91m, driven by a sharp rebound in project sales for power generators, lifting 9M gross profit to S$2.82m from S$0.53m.
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The Group posted a 3Q profit from continuing operations of S$0.13m versus a S$1.09m loss a year earlier; for 9M FY2026, profit from continuing operations was S$0.74m, compared with a S$2.02m loss, helped by higher gross margin and lower finance costs.
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Group net profit for 9M FY2026 was S$0.74m, versus a S$1.39m loss including last year’s discontinued China power‑plant operation, which contributed a one‑off S$2.86m gain on disposal and related write‑offs in 9M FY2025.
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Balance‑sheet strength improved with equity attributable to owners rising to S$4.87m (NAV 6.61 cents per share) from S$4.03m at 31 March 2025, while total loans and borrowings fell to S$3.05m from S$2.98m and cash and cash equivalents stood at S$1.91m.
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Despite a history of going‑concern uncertainty, the board continues to prepare accounts on a going‑concern basis, citing better order flow, positive operating cash generation year‑to‑date and ongoing financial support from a director‑shareholder.