iOThree Reports 22.3% Revenue Growth to $10.5 Million for FY 2025
iOThree issued the following letter from the Company's chairman and chief executive officer to its shareholders. "Year 2025 has been a defining year for our company - our first year as a listed entity on Nasdaq, and one that has underscored the strength of our business model and the resilience of our team... For the financial year ended 31 March 2025, revenue rose 22.3% to US$10.5 million, reflecting both our sales momentum and disciplined execution across the organization. Gross profit improved to US$1.9 million, supported by steady project delivery, recurring revenues from software and solutions, and continued cost efficiency.. Beyond financial performance, 2025 was marked by meaningful progress on multiple strategic fronts. We achieved ISO 9001 and ISO 14001 certifications - a strong validation of our commitment to quality, operational excellence, and environmental responsibility... Innovation remained central to our progress... We also continued to expand our collaborative ecosystem through new partnerships and deployments in various maritime hubs to broaden our geographical presence... Looking ahead, our strategic priorities are clear - to deepen our technology capabilities, scale our global footprint, pursue suitable M&A and alliances, and continue delivering sustainable growth... As we move into 2026, we remain confident in our trajectory. With a resilient business model, a capable and committed team, and a strong balance sheet, we are well placed to build on our momentum and deliver enduring value for our shareholders."
