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NEW YORK - B2i Digital announced on Friday that it has named YY Group Holding Limited (NASDAQ:YYGH) as a B2i Digital Featured Company. The partnership aims to expand the Singapore-based technology company’s visibility among investors interested in gig economy platforms and facility management solutions. According to InvestingPro data, YYGH stock has shown significant volatility, with a 56% return over the past year despite recent market pressure.
YY Group operates two technology platforms serving over 300 customers across 12 countries. Its YY Circle Super App connects hospitality businesses with on-demand workers, while the YY Smart iClean App provides IoT-enabled cleaning management solutions for commercial facilities.
"With its dual technology platforms serving over 300 customers across 12 countries, including major hotel chains, restaurants, shopping malls, and office buildings, YY Group presents a compelling story for investors," said David Shapiro, CEO of B2i Digital, according to the press release.
The company reported revenue of $41.1 million in 2024, representing a 29.3% increase, while gross profit rose 44.0% to $5.3 million. With a current market capitalization of $64.6 million and a price-to-book ratio of 10.5x, InvestingPro analysis suggests the stock is trading near its Fair Value. YY Group completed its NASDAQ IPO in April 2024 and has since expanded into multiple markets including Singapore, Malaysia, Australia, Vietnam, Cambodia, Hong Kong, South Korea, the UK, the UAE, and Thailand. The company maintains a healthy current ratio of 1.69, indicating strong ability to meet short-term obligations.
Fu Xiaowei (Mike), Founder and CEO of YY Group, stated that the partnership will help communicate the company’s growth story and expansion plans to the investment community as they continue scaling operations across Europe, Asia Pacific, Australia, and the Middle East. While the company’s overall financial health score is currently rated as ’Weak’ by InvestingPro, which offers 8 additional key insights about YYGH’s performance and prospects, the company’s moderate debt levels and expanding global footprint suggest potential for future growth.
B2i Digital partners with investor conferences, public companies, and capital markets advisors through various programs, leveraging digital marketing technologies and a network of 1.4 million investors.
In other recent news, YY Group Holding Limited has announced several significant developments. The company has acquired Singapore’s Pesticide Pest Control, which will be rebranded as Pest Fighter Management Pte. Ltd., enhancing its integrated facility management platform with pest control services. Additionally, YY Group plans to integrate stablecoin payments into its gig worker platform, aiming to facilitate faster and more cost-effective transactions. This move is expected to leverage the expanding stablecoin market and explore new fintech revenue opportunities.
Moreover, YY Group has designated its dual-engine AI algorithm as a core strategic asset, focusing on operational efficiency and launching an AI-powered recruitment platform. In another technological advancement, the company has initiated a robotics integration program across its service lines. This initiative will see the deployment of robotic solutions in hospitality, cleaning, security, and façade maintenance. These developments highlight YY Group’s commitment to innovation and expansion in its service offerings.
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