iFast's Attributable Profit Surges 46% in Q4 2024; Shares Rise 3%

MT Newswires

2025/02/13

iFast's (SGX:AIY) profit attributable to owners of the company surged 46% in the fourth quarter of 2024 to SG$19.3 million form SG$13.2 million a year earlier, according to a filing with the Singapore Exchange on Wednesday.

Earnings per share increased to SG$0.0628 from SG$0.0432 in the comparable period.

Total revenue was up 27% year over year to SG$104.1 million from SG$82.2 million, driven by contributions from the e-Pension division, along with improvements across the company's core wealth management platform business.

Shares of the company were up nearly 3% in recent trading.

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