November 18, 2024 - 08:56
iWOW Technology has released its financial results for the first half of 2025, showing a modest performance compared to the previous year. The company reported earnings per share (EPS) of S$0.001, consistent with the same period in 2024.
In terms of revenue, iWOW Technology achieved S$17.1 million, reflecting a slight decline of 1.1% from the first half of 2024. This change indicates a challenging market environment as the company navigates various economic factors.
The decline in revenue can be attributed to a range of influences impacting the business landscape, which may have affected consumer demand and overall sales performance. Despite these challenges, the company remains focused on its strategic initiatives to enhance operational efficiency and drive future growth.
Looking ahead, iWOW Technology is committed to exploring new opportunities to strengthen its market position and deliver value to its shareholders. The leadership team is optimistic about the potential for recovery and growth in the latter half of the year, as they continue to adapt to market conditions and consumer needs.
