TOTM Technologies' Fiscal H1 Loss Halves as Revenue Surges 70%

MT Newswires
15 Jan

TOTM Technologies' (SGX:42F) loss attributable to equity holders fell 52% to SG$2.4 million in the six months that ended Nov. 30, 2024, from SG$4.9 million a year earlier.

Loss per share declined to SG$00017 from SG$0.0037 a year ago, according to a Tuesday filing with the Singapore Exchange.

Revenue climbed 70% year over year to SG$5.7 million, mainly due to its digital identity business, which involved providing technical support to Indonesia's Ministry of Home Affairs.

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