新加坡, Feb. 24, 2026 (GLOBE NEWSWIRE) -- 作為協助公司跨境發展的全球業務推動者，Enigmatig Limited (NYSE American: EGG)（「Enigmatig」或「公司」）今天公佈截至 2025 年 9 月 30 日止財政年度經審核的財務業績。 自公司在美國紐約證交所 (NYSE) 上市後，收入按年錄得 12.2% 可觀增長，毛利率更躍升至 68.8%，整體財務狀況亦更為穩健。 公司同時宣佈，已向美國證券交易委員會 (U.S. Securities and Exchange Commission) 提交了截至 2025 年 9 月 30 日止財政年度的 20-F 表格年度報告。 2025 財政年度的財務焦點 ●企業服務總收入增長 12.2%，由 2024 財政年度的 400 萬美元增至 2025 財政年度的 450 萬美元。●銷售成本由 2024 財政年度的 130 萬美元，增至 2025 財政年度的 140 萬美元。●毛利增長 14.9%，由 2024 財政年度的 270 萬美元上升至 2025 財政年度的 310 萬美元。●2025 財政年度營運利潤 ...

Core Viewpoint - Enigmatig Limited reported a 12.2% year-over-year increase in total revenue for the fiscal year ending September 30, 2025, with a gross margin improvement to 68.8%, indicating a stronger financial structure post-IPO [1][4]. Financial Performance Highlights - Total revenue for fiscal year 2025 reached $4.5 million, up from $4 million in fiscal year 2024, reflecting a 12.2% growth [7]. - Cost of sales for fiscal year 2025 was $1.4 million, an increase from $1.3 million in fiscal year 2024 [9]. - Overall gross profit increased by 14.9% to $3.1 million in fiscal year 2025, compared to $2.7 million in fiscal year 2024 [10]. - Operating profit for fiscal year 2025 was $0.5 million, down from $1 million in fiscal year 2024 [12]. - Net profit for fiscal year 2025 was $0.6 million, compared to $0.8 million in fiscal year 2024 [14]. - Cash and cash equivalents as of September 30, 2025, totaled $13.2 million, significantly up from $1.6 million as of September 30, 2024 [15]. Business Highlights - The company celebrated its successful IPO on the New York Stock Exchange in August 2025, marking a significant milestone in its global expansion [7]. - In September 2025, Enigmatig signed a memorandum of understanding with TVA Capital Consultancy Co., Ltd. to explore business opportunities in corporate consulting, financial advisory, and mergers and acquisitions, establishing Thailand as a strategic hub for further expansion in the Asia-Pacific market [7]. Management Commentary - The CEO, Desmond Foo, emphasized that fiscal year 2025 marked the successful transition from a private company to a growth-oriented public company, focusing on expansion in high-growth markets like Asia-Pacific and the Middle East [4]. - The CFO, Mingwen Teo, noted that strong demand for the company's recurring corporate secretarial services contributed to the double-digit revenue growth and highlighted the company's cash reserves of $1.32 million as a solid foundation for ongoing technology and infrastructure investments [4].

Core Insights - Enigmatig Limited reported a 12.2% year-over-year increase in revenue for the fiscal year ended September 30, 2025, with a gross margin of 68.8% and a strengthened balance sheet following its NYSE American listing [1][4][6]. Financial Highlights - Total corporate services income grew to US$4.5 million in fiscal year 2025, up from US$4.0 million in fiscal year 2024, driven by expanded service scopes and new client onboarding [5][6]. - Gross profit increased by 14.9% to US$3.1 million, with gross margin expanding from 67.1% in fiscal year 2024 to 68.8% in fiscal year 2025 [8]. - Net profit for fiscal year 2025 was US$0.6 million, down from US$0.8 million in fiscal year 2024, impacted by one-off IPO-related expenses [12][6]. Business Updates - The company celebrated its IPO in August 2025, marking a significant milestone in its global expansion strategy [6]. - In September 2025, Enigmatig signed a Memorandum of Understanding with TVA Capital Consultancy to explore corporate and financial advisory opportunities, establishing a strategic partnership for further expansion in Asia Pacific [6][5]. Management Commentary - The CEO highlighted the transition to a publicly listed growth company, emphasizing revenue growth, margin improvement, and a focus on high-growth markets in Asia Pacific and the Middle East [4]. - The CFO noted strong demand for recurring corporate secretarial services, which contributed to the scalability of the business model [4]. Cash Position - As of September 30, 2025, the company had cash and cash equivalents of US$13.2 million, a significant increase from US$1.6 million as of September 30, 2024, indicating a strengthened financial position post-IPO [13].

Corporate Services Income - The company plans to significantly expand its client base to diversify and grow corporate services income, which decreased significantly during Fiscal 2024 due to geopolitical conditions, adding only five new clients[40]. - Corporate services income is expected to fluctuate due to various factors, including client engagement complexity, timing of income recognition, and geographic client locations[49]. - Corporate services income for the years ended September 30, 2023, 2024, and 2025 amounted to US$3,134,816, US$2,663,727, and US$3,060,777, respectively, with gross profit margins of approximately 68.0%, 67.1%, and 68.8%[74]. - A substantial amount of corporate services income for the years ended September 30, 2023, 2024, and 2025 was derived from one-off transactions that are not expected to recur, indicating potential future income decline unless new business is secured[75]. - For the year ended September 30, 2025, corporate services income was derived from 61 customers, with the top two customers contributing approximately 49.9% of total corporate services income[80]. - For the year ended September 30, 2024, corporate services income was derived from 55 customers, with the top two customers contributing approximately 47.9% of total corporate services income[81]. - Corporate services income from mainland China accounted for 1.6% of total corporate services income for the year ended September 30, 2025, up from 0.6% in 2023[84]. - Corporate services income from Hong Kong accounted for 33.2% of total corporate services income for the year ended September 30, 2025, up from 5.0% in 2023[84]. - Two major clients accounted for 24.7% and 25.2% of total corporate services income as of September 30, 2025, indicating a concentration risk[447]. - As of September 30, 2024, three major clients accounted for 27.7%, 20.1%, and 11.4% of total corporate services income, showing a trend in client concentration[447]. Competition and Market Risks - The company faces intense competition in the offshore licensing solutions market, which may lead to a decline in corporate services income if it cannot compete effectively[44]. - The company’s future growth may be impaired if it fails to effectively manage risks associated with expanding operations into new markets[43]. - The company faces risks related to increasing labor costs in Singapore, which may adversely affect financial condition and operating results if costs cannot be controlled or passed on to clients[59]. - The international nature of the business exposes the company to significant currency fluctuations, legal uncertainties, and potential adverse tax consequences, which could negatively impact financial results[61]. - The ongoing effects of the COVID-19 pandemic have created uncertainties that may adversely impact client engagement and demand for services, particularly in Hong Kong and Singapore[78]. - Adverse material changes in the Singapore market, such as economic recessions or pandemics, could significantly affect the company's financial condition and results of operations[100]. - Future developments regarding COVID-19 and other economic factors remain highly uncertain and unpredictable, potentially affecting operational results[108]. - The company faces heightened competition and pressure to reduce advisory fees during economic downturns, which could negatively impact profitability[103]. Financial Condition and Liquidity - As of September 30, 2024, net current assets were US$1,686,894, and as of September 30, 2025, they increased to US$15,098,159[82]. - Total shareholders' equity as of September 30, 2024, was US$1,780,528, which increased to US$18,217,304 by September 30, 2025[82]. - The company may face liquidity risks due to potential future net current liabilities and total shareholders' deficit[82]. - The company does not expect to pay cash dividends in the foreseeable future, anticipating that it will retain earnings to support operations and growth[120]. - The company has a time deposit of $12 million with an interest rate of 6% per annum, maturing on October 3, 2025[445]. - As of September 30, 2025, the company had approximately $13.21 million in cash and cash equivalents, sufficient to meet working capital requirements for at least one year[449]. Regulatory and Compliance Risks - The company operates in a heavily-regulated industry, requiring various licenses and approvals, and failure to comply may result in penalties or inability to develop new business[46]. - The company relies on third-party service providers to mitigate regulatory compliance risks, but this reliance does not guarantee exclusion from potential liabilities[47]. - The company is subject to the economic substance requirements of the Cayman Islands, which may impact its business operations[117]. - The PRC government has significant oversight over business operations, which could impact the company's ability to conduct business and offer securities[87][88]. - The company believes it is not a Singapore tax resident, but this status is subject to determination by regulatory authorities, which could affect tax obligations[98]. - The company operates in jurisdictions with evolving legal systems, which may affect its business operations and legal protections[85][86]. Management and Operational Risks - The company’s growth strategies depend on improving operational and financial systems, managing a growing employee base, and maintaining relationships with customers and suppliers[41]. - The company’s ability to attract and retain talented professionals is critical, as competition for talent is intense in the industry[55]. - The company’s financial results may be adversely affected if key executives leave or if there are disputes regarding non-competition agreements[56]. - The company’s future success is heavily dependent on retaining senior management and key personnel, with potential adverse effects on business if key staff are lost[72]. - The company’s IT systems are critical for operations, and failures could disrupt services, damage reputation, and lead to financial losses[70]. - The company does not maintain material insurance coverage for business interruptions or liabilities, which could lead to significant financial losses in the event of unforeseen incidents[69]. - The company lacks adequate insurance for mismanagement or unauthorized disclosure of sensitive information, which could lead to significant costs and reputational damage[63]. Shareholder and Market Considerations - The dual-class voting structure allows the founder to control 92.9% of the total voting power, limiting the influence of Class A shareholders on corporate matters[124]. - The company's Class A ordinary shares may experience significant volatility, potentially leading to substantial losses for investors[128]. - Factors influencing the volatility of Class A ordinary shares include regulatory developments, variations in corporate services income, and changes in financial estimates by analysts[129]. - The trading price of Class A ordinary shares may be adversely affected by negative publicity or unfavorable research from analysts[138]. - The company may not pay dividends on Class A ordinary shares in the future, making returns dependent solely on price appreciation[141]. - The issuance of additional Class A and Class B ordinary shares could dilute existing shareholders' interests[127]. - The company may face challenges in raising capital due to potential adverse market reactions to substantial sales of Class A ordinary shares[134]. - The company is classified as a foreign private issuer, exempting it from certain U.S. securities regulations, which may limit investor protections[143]. - The company may be classified as a passive foreign investment company (PFIC), which could lead to adverse tax consequences for U.S. taxpayers holding its securities[144]. - The trading volume of Class A ordinary shares may be low, making it difficult for shareholders to sell at desired prices[133]. - The company has taken advantage of exemptions from certain disclosure requirements, which may affect the attractiveness of its Class A ordinary shares to investors[152]. - The company may face legal challenges, such as class action suits, which could divert management resources and harm financial performance[131].

Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Group 1: Premarket Gainers - SMX (Security Matters) Public Limited Company (SMX) is up 39% at $22.80 [3] - Rubico Inc. (RUBI) has increased by 21% to $1.30 [3] - Aimei Health Technology Co., Ltd (AFJK) is up 19% at $76.80 [3] - Sable Offshore Corp. (SOC) has risen 19% to $10.81 [3] - Diginex Limited (DGNX) is up 18% at $4.95 [3] - Sidus Space, Inc. (SIDU) has increased by 18% to $3.71 [3] - SELLAS Life Sciences Group, Inc. (SLS) is up 16% at $4.40 [3] - Alchemy Investments Acquisition Corp 1 (ALCY) has risen 14% to $16.24 [3] - Greenidge Generation Holdings Inc. (GREE) is up 11% at $1.65 [3] - Enigmatig Limited (EGG) has increased by 5% to $5.52 [3] Group 2: Premarket Losers - Intelligent Bio Solutions Inc. (INBS) is down 11% at $8.48 [4] - ZW Data Action Technologies Inc. (CNET) has decreased by 11% to $1.20 [4] - Nuvve Holding Corp. (NVVE) is down 9% at $2.31 [4] - ESH Acquisition Corp. (ESHA) has fallen 8% to $17.59 [4] - LZ Technology Holdings Limited (LZMH) is down 6% at $1.55 [4] - Oriental Rise Holdings Limited (ORIS) has decreased by 4% to $1.43 [4] - Cango Inc. (CANG) is down 3% at $1.45 [4] - Massimo Group (MAMO) has fallen 2% to $3.90 [4] - Anghami Inc. (ANGH) is down 2% at $3.68 [4] - AIM ImmunoTech Inc. (AIM) has decreased by 2% to $1.10 [4]

Core Insights - Enigmatig Limited has signed a Memorandum of Understanding (MOU) with TVA Capital Consultancy, marking its first strategic partnership since its NYSE listing, aimed at sustainable growth and long-term value creation in the Asia Pacific region [1][2] Company Overview - Enigmatig is a global business enabler focused on helping small and medium-sized enterprises (SMEs) achieve international ambitions, providing expertise, infrastructure, and regulatory support for cross-border markets since 2010 [5] - The company has capabilities in FX brokerage consultancy, licensing, RegTech, FinTech, and corporate services, offering tailored solutions throughout the business lifecycle [6] Partnership Details - The partnership with TVA Capital will focus on corporate advisory, financial advisory, and mergers and acquisitions (M&A), leveraging Enigmatig's global expertise and TVA Capital's local network in Thailand [3] - Both companies have agreed to grant each other the first right of refusal for projects involving Thai clients seeking international expansion and non-Thai clients entering the Thai market [3] Strategic Importance - Thailand is positioned as a pivotal gateway for Enigmatig's expansion in Southeast Asia, reflecting the company's commitment to supporting businesses in scaling beyond borders [2][4] - The MOU is effective immediately and will last for an initial two-year term, with the possibility of renewal, indicating a long-term strategic commitment [4]

Financial Performance Summary - Enero Group's net revenue from continuing operations decreased by 3% from A$143.5 million in FY24 to A$138.7 million in FY25[39] - EBITDA from continuing operations increased by 2% from A$13.9 million in FY24 to A$14.1 million in FY25[39] - EBITDA margin from continuing operations increased by 0.5 percentage points, from 9.7% in FY24 to 10.2% in FY25[39] - Including discontinuing operations (OBMedia), net revenue decreased by 11% from A$189.7 million in FY24 to A$168.3 million in FY25[39] - Including discontinuing operations, EBITDA decreased by 30% from A$37.4 million in FY24 to A$26.2 million in FY25[39] - Including discontinuing operations, EBITDA margin decreased by 4.1 percentage points, from 19.7% in FY24 to 15.5% in FY25[39] Segment Performance - The Technology, Healthcare & Consumer (THC) Practice saw a 3% decrease in revenue, from A$143.5 million to A$138.7 million, but EBITDA increased slightly by 0.2% from A$22.8 million to A$22.9 million[40] - Hotwire Global's revenue decreased by 4% from A$81.7 million to A$78.6 million, but EBITDA increased by 15% from A$9.6 million to A$11.1 million[12] - BMF's revenue decreased by 2% from A$35.0 million to A$34.4 million, and EBITDA decreased by 14% from A$8.0 million to A$6.9 million[12] Half-on-Half Performance - In the THC Practice, H2 revenue increased by 2% compared to H1 (A$70.1 million vs A$68.7 million)[8] - The THC Practice's EBITDA margin improved by 1.7 percentage points from H1 to H2 (9.3% vs 11.0%)[8] - Corporate costs reduced 24% in FY25 H2 on prior half and in FY25 H2 represents 4.7% of revenue (excluding share-based payments)[9]

Financial Data and Key Indicators Changes - The first half of 2025 marked the best operational performance in the company's history, with 59 million eggs sold, representing a 23% year-on-year growth [4] - Revenue surpassed €10 million, reflecting a 70% year-on-year growth [4] - Gross profit reached €4.3 million, showing a 183% increase [4] - EBITDA for the first half of the year was €3.5 million, indicating a 250% growth [5] - The net profit for the period was a record €1.7 million, a significant improvement from previous losses [25][26] Business Line Data and Key Indicators Changes - The company completed its investment phase, which included the inauguration of three new buildings, enhancing production capacity by 60% to produce up to 180 million eggs annually [9][10] - The new product line, VTech Squared, focused on premium egg white protein products, achieved a 32% repeat purchase rate, indicating strong market acceptance [12] Market Data and Key Indicators Changes - The total egg market in the Baltic states experienced growth, particularly in the bar and egg segment, with Lithuania leading at over 60% market share [15] - The company successfully reduced the share of industrial egg sales to 11%, aligning closely with natural production splits [18] - Export sales increased significantly, with income from exports rising almost three times compared to the previous period [22] Company Strategy and Development Direction - The company aims to strengthen its position as a market leader in cage-free production, with plans to become the first totally cage-free egg producer [33] - The strategy includes diversifying revenue streams, particularly through the VTech Squared product line, and expanding exports as a percentage of overall sales [45][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a revenue target of approximately €22.6 million for 2025, a 7% upward adjustment from previous guidance [28] - The completion of the investment phase is expected to support strong revenue growth in the second half of the year, with full operational capacity anticipated by September [30] - The shift towards cage-free production is seen as a tailwind for the company, with expectations of increased demand for higher welfare products [44] Other Important Information - The company has built its own solar park to help mitigate energy costs [39] - A shareholder loyalty program was approved, expected to launch around International Egg Day in early October [35][36] Q&A Session Summary Question: Will the shareholders' loyalty program include benefits for the FinTech Squared production? - Yes, the loyalty program was approved and will include attractive components for loyal customers, expected to launch within six to eight weeks [35] Question: What drove the 70% growth of the revenue in 2025? - The growth was driven by an increase in the number of eggs sold, higher market prices, and a shift in product mix towards retail clients [37] Question: Is gross profit margin improvement sustainable? - Yes, the gross margin improvement is expected to be sustainable due to the shift towards cage-free production and increased capacity [38] Question: How do you manage rising feed or energy costs? - Feed and energy costs are fixed for the maximum period possible, and the company has built a solar park to offset energy consumption [39] Question: Do you expect to raise any additional capital in 2025? - Current capacity expansion is fully funded, but additional capital may be raised for future development projects or acquisitions [41] Question: How do you see the cage-free transition affecting the APF? - The transition is viewed as a tailwind, with the company well-positioned to capture market share and premium pricing as cage-free becomes the industry standard [44] Question: What is your export strategy? - The strategy focuses on increasing exports as a percentage of overall sales, with significant growth in Lithuania and Estonia [45][46] Question: Are there any plans to distribute dividends in the future? - The dividend policy remains intact, with up to 50% of profits expected to be distributed based on the financial results of 2025 [59][60]

Financial Data and Key Indicators Changes - The company reported a record-breaking revenue of €10,000,000 for the first half of 2025, representing a 70% year-on-year growth [4] - Gross profit reached €4,300,000, marking a 183% increase [4] - EBITDA for the period was €3,500,000, reflecting a 250% growth [5] - The net profit for the first half of 2025 was €1,700,000, a significant improvement compared to previous losses [25][26] - The return on equity reached 34%, and earnings per share were at a historically high level of €0.60 [26][27] Business Line Data and Key Indicators Changes - The company sold 59,000,000 eggs in the first half of 2025, achieving a 23% year-on-year growth [4] - The share of industrial egg sales was reduced to 11%, aligning closely with the natural production split [18] - The product line under the trademark VTech Squared, which includes premium egg white protein powders and bars, is gaining traction, with 94% of sales coming from Latvia [12] Market Data and Key Indicators Changes - The total egg market in the Baltic states showed growth, particularly in the bar and egg segment, with Lithuania leading at over 60% market share [15] - The company has significantly increased its exports, particularly to Lithuania, with export income rising almost three times compared to the previous period [22] Company Strategy and Development Direction - The company completed an investment phase of €13,000,000, enhancing production capacity by 60% [9] - The strategic focus is on transitioning to cage-free production, with expectations of increased demand for higher welfare products [30][45] - The company aims to expand its presence in the retail fitness and lifestyle channels through the VTech Squared product line [33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a revenue target of €22,600,000 for 2025, a 7% upward adjustment from previous guidance [27][28] - The completion of the investment phase is expected to support strong revenue growth in the second half of the year [28] - The management acknowledged challenges in the market transition to cage-free production but remains optimistic about capturing market share [43][45] Other Important Information - The company has launched a shareholder loyalty program, expected to be announced around International Egg Day in October [35][36] - The company is exploring additional capital raises for future development projects, balancing growth with leverage [42] Q&A Session Summary Question: Will the shareholders' loyalty program include benefits for the FinTech Squared production? - Yes, the loyalty program was approved and will include attractive components for loyal customers, expected to launch within six to eight weeks [35] Question: What drove the 70% growth of the revenue in 2025? - The growth was driven by an increase in the number of eggs sold, higher market prices, and a shift in product mix towards retail clients [38] Question: Is gross profit margin improvement sustainable? - Yes, the gross margin improvement is expected to be sustainable due to the shift towards cage-free production and increased capacity [39] Question: How do you manage rising feed or energy costs? - Feed and energy costs are fixed for the maximum period possible, and the company has built a solar park to partially compensate for energy consumption [40] Question: Do you expect to raise any additional capital in 2025? - Current capacity expansion is fully funded, but additional capital may be raised for new development projects if opportunities arise [42] Question: How do you see the cage-free transition affecting the APF? - The transition is viewed as a tailwind, with the company well-positioned to capture market share and premium pricing as cage-free becomes the industry standard [45] Question: What is your export strategy? - The strategy focuses on diversification, with exports already above 50% of sales, and plans to increase exports as a percentage of overall sales [46] Question: Are there any plans to distribute dividends in the future? - The dividend policy remains intact, with up to 50% of profits expected to be distributed based on the financial results of 2025 [60][61]

Core Insights - Enigmatig Limited has successfully listed on the NYSE American, marking a significant milestone in its mission to empower SMEs for global expansion [1][3] - The company raised approximately US$15 million through its IPO, selling 3,005,200 Class A ordinary shares at US$5.00 each [2] - Enigmatig aims to enhance its service capabilities and expand its global reach, focusing on RegTech innovations and strategic advisory services [4][6] Company Overview - Founded in 2010, Enigmatig specializes in enabling SMEs to navigate cross-border markets, providing expertise in licensing, compliance, and strategic growth [9][10] - The company operates across key financial hubs including Singapore, Hong Kong, Shanghai, London, Cyprus, and Belize, offering tailored solutions throughout the business lifecycle [7][10] - Enigmatig's proprietary CRM platform integrates KYC, AML, and transaction monitoring tools, positioning RegTech at the core of its growth strategy [7] Future Growth Strategy - The company plans to expand its leadership and specialist teams in key markets and verticals [6] - Enigmatig will accelerate RegTech and automation innovations to streamline compliance processes [6] - The firm is pursuing targeted mergers and acquisitions to strengthen its global service offerings [6]