Based on the preliminary review, the Group is expected to report a net profit for 1H FY2026 which is mainly

attributable to increase in revenue with increased number of projects completed.

 

The Group is in the process of finalising its unaudited financial results for 1H FY2026. Further details of the Group&rsquo s financial results will be disclosed when the Company announces its unaudited financial results for 1H FY2026 on or around 10 November 2025.

 

 

UnUsUal Limited says that it is expected to report a net loss for FY2025 ended March 31, 2025, compared to a net profit for the corresponding year.

 

The company saw intensifying market competition and significant rise in operational costs, particularly those related to manpower, it said in its profit guidance filed May 19.

 

These factors have led to the group&rsquo s cost structure and overall profitability being impacted.

But full-year revenue rises 154.6 per cent to S$74.4 million, from S$29.2 million a year earlier

 

UNUSUAL sank into the red with a net loss of S$6.4 million for its second half ended Mar 31, compared with a net profit of S$752,285 in the same period a year ago.

 

This follows a 64.8 per cent decline in revenue to S$8.1 million, from S$22.9 million a year earlier.

 

The concert promoter on Thursday (May 30) said that it completed a smaller number of projects during the period across its three segments of promotion, production and others.

 

It also booked a non-cash loss of around S$1.6 million &ndash arising from a fair value loss on financial assets measured at fair value through profit or loss &ndash based on estimated revenue and budget expenditures.

 

Loss per share stood at 0.62 Singapore cent, down from earnings per share of 0.07 cent in the previous year.

 

Nevertheless, revenue for the full year rose 154.6 per cent to S$74.4 million, from S$29.2 million a year earlier, on the back of strong recovery in the live concert promotion segment, the company said.

 

For the full year, the company completed a larger number of projects, while overwhelming attendance at various concerts partially offset the fair value loss.

 

It also made a higher expected credit loss (ECL) provision of S$5.8 million in FY2024, compared with S$0.5 million in FY2023, amid uneven recovery in certain industry segments.

 

Excluding the ECL provisions, the adjusted profit after tax for the full year is S$13.5 million, Unusual said.

 

The company noted that its businesses have rebounded strongly from the pandemic years, and expected the trend to continue.

 

Leslie Ong, CEO of Unusual, said that the company continued to face strong competition in the live concert segment from both existing and new players.

 

&ldquo This is a healthy sign indicating growing market demand, market vibrancy and promises,&rdquo he said, adding that the company is &ldquo not perturbed by competition&rdquo and remains committed to bringing projects to fruition.

 

&ldquo With our strong network and (relationships), we are confident (about continuing to) deliver projects with great entertainment value to concertgoers in the region,&rdquo he said.

 

No dividend was declared for the year, unchanged from the year before. The company said it &ldquo intends to conserve cash for potential upcoming projects&rdquo .