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SINGAPORE - YY Group Holding Limited (NASDAQ:YYGH), a technology-enabled facility management company with a market capitalization of $103.65 million, announced Tuesday it has acquired Pesticide Pest Control Pte. Ltd., a Singapore-based pest control company with over 30 years of operational history. The acquired company will be rebranded as Pest Fighter Management Pte. Ltd.
The acquisition, which closed on July 1, adds pest control capabilities to YY Group’s integrated facility management (IFM) platform that already includes cleaning, landscaping, maintenance, and security services.
This transaction follows YY Group’s earlier 2025 acquisitions of Property Facility Services and Uniforce Security, which expanded the company’s expertise in property management and security services respectively.
YY Group projects its annual revenue will increase from S$26.3 million in 2023 to S$96.0 million by 2028, representing a compound annual growth rate of 29.1%, compared to industry averages of 5% to 8%. The company’s current revenue growth rate stands at 29.37% over the last twelve months. According to InvestingPro analysis, the stock appears to be trading above its Fair Value, with 12 additional exclusive insights available to subscribers.
The company stated that all services will be managed through its proprietary digital platform, 24iFM, which integrates real-time task management, IoT-enabled monitoring, and data-driven optimization.
Pest Fighter, founded in 1994, is expected to contribute to YY Group’s client retention efforts and improve profit margins through bundled service offerings, according to the press release statement.
YY Group Holding Limited describes itself as a technology-enabled platform providing workforce solutions and integrated facility management services across Asia and beyond, with operations spanning Asia, Europe, Africa, Oceania and the Middle East. The company maintains a healthy liquidity position with a current ratio of 1.69, though it operates with relatively thin gross profit margins of ~13%. InvestingPro subscribers can access detailed financial health metrics and comprehensive analysis of YYGH’s operational performance.
In other recent news, YY Group Holding Ltd. reported a substantial increase in its annual revenue, reaching US$41 million for the fiscal year 2024. This revenue growth is attributed to the company’s strategic market expansion and increased demand for its services. Additionally, YY Group has expanded its reach in Europe and the MENA region through its job platform, YY Circle, which is gaining traction in the United Kingdom and set to launch in the Netherlands and Germany soon. In the MENA region, YY Circle has increased its market share in the United Arab Emirates, with plans to launch in Egypt by July 2025.
YY Group has also made significant strides in the Asia Pacific, with the acquisition of YY Circle Thailand expected to complete by May, enhancing its operations in Southeast Asia. Furthermore, the company has acquired YY Circle Hong Kong, transitioning it to a majority-owned subsidiary. This acquisition aims to strengthen YY Group’s presence in Hong Kong’s labor market, valued at US$16 billion, and improve operational efficiency. Mike Fu, CEO of YY Group, projects a financial outcome of approximately US$1.92 million for the first fiscal year post-acquisition. These developments underscore YY Group’s commitment to expanding its global footprint and addressing workforce demands across various regions.
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