YY Group Holding Limited Issues Shareholder Letter

Rhea-AI Summary

YY Group Holding (NASDAQ: YYGH) released a shareholder letter dated March 10, 2026 outlining preliminary fiscal 2025 results, recent acquisitions, geographic expansion, technology initiatives, and capital actions.

The company expects FY2025 revenue of US$57–58M (≈38.7%–41.1% YoY), gross profit US$7.5–8.0M (≈42.6%–52.1% YoY), and improved gross margin of 13.2%–13.8%. It highlighted acquisitions in Singapore, rapid Hong Kong and Malaysia expansion, robotics and AI deployments, a US$20M ATM facility, and unaudited assets of ≈US$44.0M (US$1.11/share).

Positive

• FY2025 revenue guidance of US$57–58M (≈39–41% YoY)
• Gross profit guidance of US$7.5–8.0M (≈43–52% YoY)
• Gross margin improvement to 13.2%–13.8% from 12.8%
• Hong Kong business projection to HKD 100M revenue in 2026
• Malaysia expected to contribute ≈US$14M in 2026 revenue
• Acquired Uniforce Security with US$6.4M revenue

Negative

• FY2025 figures presented as preliminary results
• Hong Kong growth measured from a partial-year 2025 base (>1,000% stated)
• US$20M at-the-market offering could dilute shareholders
• Unaudited assets and net assets reported as of June 30, 2025

News Market Reaction – YYGH

+1.94%

5 alerts

+1.94% News Effect

+18.6% Peak Tracked

-2.1% Trough Tracked

+$157K Valuation Impact

$8M Market Cap

0.9x Rel. Volume

On the day this news was published, YYGH gained 1.94%, reflecting a mild positive market reaction. Argus tracked a peak move of +18.6% during that session. Argus tracked a trough of -2.1% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $157K to the company's valuation, bringing the market cap to $8M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

FY2025 revenue: US$57M–US$58M FY2025 revenue growth: 38.7%–41.1% YoY FY2025 gross profit: US$7.5M–US$8.0M +5 more

8 metrics

FY2025 revenue US$57M–US$58M Preliminary fiscal year 2025 results

FY2025 revenue growth 38.7%–41.1% YoY Preliminary fiscal year 2025 results

FY2025 gross profit US$7.5M–US$8.0M Preliminary fiscal year 2025 results

FY2025 gross margin 13.2%–13.8% Vs. 12.8% in full year 2024

Hong Kong 2026 revenue HKD 100 million Projected 2026 Hong Kong business revenue

Malaysia 2026 revenue US$14 million Expected 2026 revenue from Malaysian retail promoter expansion

Uniforce Security revenue US$6.4 million Revenue of acquired security business in Singapore

ATM facility size US$20 million At-the-market offering facility announced February 2026

Market Reality Check

Price: $0.0502 Vol: Volume 6,625,096 is 2.75x...

high vol

$0.0502 Last Close

Volume Volume 6,625,096 is 2.75x the 20-day average of 2,404,884, indicating elevated trading activity before this letter. high

Technical Shares at $0.103 are trading well below the 200-day MA of $0.97 and 97.01% under the 52-week high of $3.45.

Peers on Argus

YYGH fell 8.53% with elevated volume while peers showed mixed action: EJH appear...

1 Up 1 Down

YYGH fell 8.53% with elevated volume while peers showed mixed action: EJH appeared in momentum scanners down 6.97%, whereas TRNR was up 4.14%. Other peers in the personal services space had varied moves, suggesting YYGH’s decline was more stock-specific than a broad sector rotation.

Historical Context

5 past events · Latest: Mar 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 09	Prelim FY25 results	Positive	-8.5%	Preliminary FY2025 revenue, gross profit, and margin expansion highlights.
Mar 05	Hong Kong growth	Positive	-27.5%	20 Hong Kong partnerships and projection of >HKD 100M 2026 revenue.
Mar 05	Bitcoin strategy	Positive	+8.1%	Announcement of long-term Bitcoin treasury allocation framework.
Mar 02	Malaysia expansion	Positive	-21.1%	Plan to scale Malaysian retail promoter workforce and target US$14M revenue.
Feb 27	ATM equity facility	Negative	-21.1%	US$20M ATM equity program for funding and partial debt repayment.

Pattern Detected

Recent history shows repeated price weakness on operationally positive news, while balance-sheet and financing headlines have sometimes aligned with negative reactions.

Recent Company History

Over the last weeks, YYGH has issued several growth-focused updates yet traded lower on many of them. Preliminary FY2025 figures on Mar 9 highlighted strong revenue and margin expansion but coincided with a -8.53% move. Hong Kong and Malaysia expansion news on Mar 5 and Mar 2 also saw double‑digit declines. In contrast, the Bitcoin treasury strategy on Mar 5 produced a positive 8.07% reaction. The ATM facility announcement on Feb 27 matched a -21.15% drop, underscoring sensitivity to dilution and financing terms.

Market Pulse Summary

This announcement reiterates YYGH’s growth story, including preliminary FY2025 revenue of US$57M–US$...

Analysis

This announcement reiterates YYGH’s growth story, including preliminary FY2025 revenue of US$57M–US$58M, gross profit of US$7.5M–US$8.0M, and margin gains to 13.2%–13.8%. The letter also details rapid expansion in Hong Kong and Malaysia, technology initiatives in robotics and AI, and a new Bitcoin treasury strategy. Investors may watch how these plans interact with existing capital-raising tools, such as the US$20M ATM facility and recent convertible financings, and whether execution sustains the current growth trajectory.

Key Terms

integrated facilities management, at-the-market offering facility, stablecoin, cross-border payment infrastructure, +1 more

5 terms

integrated facilities management technical

"on-demand workforce solutions and integrated facilities management (IFM), today"

A single, coordinated approach to running a company’s buildings and related services—like maintenance, cleaning, security, energy, and equipment—under one manager or contract so systems work together smoothly. Investors care because it can lower operating costs, cut risk, boost property value and tenant satisfaction, and make cash flows more predictable; think of it as one conductor keeping an orchestra in time rather than many soloists.

at-the-market offering facility financial

"announced a US$20 million at-the-market offering facility, giving YY Group"

A program that lets a company sell newly issued shares directly into the open market at prevailing prices over time through a broker, rather than all at once. Think of it as a faucet that lets the company draw small, on-demand amounts of cash when needed. Investors care because it provides flexible, lower-cost fundraising but increases the total shares outstanding — which can reduce existing holders’ ownership and may influence the stock price.

stablecoin financial

"announced plans to bring stablecoin payment capabilities to its gig worker platform"

A stablecoin is a type of digital currency designed to keep its value steady, often by being backed by traditional assets like money or commodities. For investors, stablecoins offer a reliable way to move money quickly across digital platforms without the value fluctuations common with other cryptocurrencies, making them useful for saving, trading, or transferring funds with less risk of sudden losses.

cross-border payment infrastructure financial

"it partnered with Obita to strengthen cross-border payment infrastructure."

A network of systems, services and rules that moves money between countries, handling currency exchange, compliance checks and final settlement much like a highway system and border controls move goods across regions. It matters to investors because faster, cheaper and more reliable cross-border payment infrastructure can lower costs, expand markets, reduce risk of delays or losses, and create steady fee-based revenue for companies that build or use it.

bitcoin treasury strategy financial

"adopted a long-term Bitcoin treasury strategy, with the intention of allocating"

A bitcoin treasury strategy is a company decision to hold Bitcoin as part of its corporate cash and reserves instead of keeping all funds in traditional currencies or short-term investments. It matters to investors because it can boost potential returns if Bitcoin rises but also increases financial volatility and regulatory or tax complexities—think of it as swapping part of a company’s emergency savings for a high-risk, high-reward asset like speculative gold.

AI-generated analysis. Not financial advice.

Singapore, March 10, 2026 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) (“YY Group” or the “Company”), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today released the following letter to its shareholders from Mike Fu, the Company’s Founder and Chief Executive Officer.

Dear Fellow Shareholders,

Over the past year, YY Group has continued to expand its business, strengthen its platform, and broaden its reach across key markets in Asia. As Founder and CEO, I am proud of the progress our team has made in executing on our strategy while continuing to position the Company for long-term growth. We are building YY Group with a focus on disciplined expansion, operational execution, and innovation across workforce solutions, integrated facility management, and technology-enabled services.

Today’s press release reflects that momentum. Based on our preliminary fiscal year 2025 results, YY Group expects revenue in the range of US$57 million to US$58 million, representing approximately 38.7% to 41.1% year-over-year growth, with estimated gross profit of US$7.5 million to US$8.0 million, up approximately 42.6% to 52.1% from the prior year. We also expect gross margin to improve to 13.2% to 13.8%, compared with 12.8% in full year 2024. These results are important not only because they demonstrate growth, but because they show that our strategy is translating into stronger operating performance and improving unit economics. We believe these results demonstrate that our investments in market expansion, service diversification, and operating capabilities are beginning to scale in a meaningful way.

During the year, we worked to expand both our geographic footprint and our service mix. In Hong Kong, we completed the acquisition of YY Circle Hong Kong in April 2025, entering what the company described as a US$16 billion market. That move gave us a stronger foundation in one of Asia’s most important commercial hubs and positioned us to scale rapidly in hospitality and workforce services.

That early investment in Hong Kong is already paying off. In January 2026, YY Group announced 12 new hotel partnerships in the region, and by March 2026 we had secured a total of 20 strategic partnerships there following eight additional multi-year service agreements. As a result, the company now projects its Hong Kong business could reach HKD 100 million in revenue in 2026, representing more than 1,000% growth over the partial-year 2025 revenue base in that market. This is a strong early example of how our expansion model can create meaningful operating leverage as local scale begins to take hold.

Malaysia also continued to deliver strong momentum. In March 2025, YY Circle Malaysia secured six new strategic deals that were projected to expand its 2025 revenue pipeline to approximately US$13 million. More recently, in March 2026, our Malaysian subsidiary announced plans to grow its retail promoter workforce from roughly 120 personnel to nearly 600, with an expected contribution of approximately US$14 million in 2026 revenue. That kind of growth shows the flexibility of our platform and our ability to move beyond hospitality into adjacent verticals such as retail.

We also advanced our regional footprint in Thailand. YY Group announced plans to expand into Thailand in May 2025, targeting what it described as a US$5 billion casual labor market, and in June 2025 we completed the share transfer of YY Circle Thailand. This gives us another strategic launch point in Southeast Asia and expands our addressable market in a region where demand for reliable, flexible labor solutions remains strong.

At the same time, we broadened our integrated facility management capabilities through acquisitions. In June 2025, YY Group acquired Uniforce Security, a business with US$6.4 million in revenue, entering Singapore’s security market. Later that month, the company also acquired a 53% stake in Transocean Oil Pte. Ltd.’s property investment division, which focuses on premium commercial office units in Singapore. These transactions reflect our strategy of adding adjacent capabilities and assets that can deepen client relationships, support recurring revenue, and diversify the company’s business model.

Technology remained another major theme this year. In July 2025, YY Group launched a robotics integration initiative across key service lines, including hospitality, sanitation, security, and façade cleaning. In August 2025, the company expanded further into AI-enabled operations through the launch of AI-powered customer service and an AI recruitment platform. These initiatives matter because we believe the future of workforce solutions and integrated facility management will combine labor, software, automation, and data-driven tools. We also believe robotics will become an increasingly important part of YY Group’s long-term service platform. Over time, we expect the deployment of robotics across hotels, security, and other service environments to become a more meaningful contributor to our operating model and a key element of how we deliver scalable, technology-enabled solutions to customers around the world. Our goal is not simply to add services, but to build a more scalable and defensible operating model.

We also continued building digital and financial infrastructure around the platform. In September 2025, YY Group announced plans to bring stablecoin payment capabilities to its gig worker platform, and in October 2025, it partnered with Obita to strengthen cross-border payment infrastructure. These efforts are designed to make our platform more efficient, improve payment flexibility, and strengthen support for our international worker and client ecosystem.

On the partnership front, YY Group signed a strategic MOU with Keenon Robotics in August 2025 and entered into a preferred distribution partnership with Graymatics in December 2025 for AI-powered video analytics solutions in Singapore. These partnerships reinforce our view that innovation will be central to how we differentiate YY Group in the years ahead.

We also took steps to strengthen leadership visibility and our corporate profile. In February 2026, our Director of Southeast Asia, Ken Teng, received the HAPA Hospitality Service Entrepreneur Award, reflecting the quality of the team we are building and the market recognition our execution is beginning to earn.

From a balance sheet and capital markets standpoint, we worked to expand our flexibility. In February 2026, YY Group announced unaudited total assets of approximately US$44.0 million, or US$1.11 per share, and net assets of approximately US$24.9 million, or US$0.63 per share, as of June 30, 2025. Later that month, the company announced a US$20 million at-the-market offering facility, giving YY Group another tool to support growth and capital planning. More recently, we also adopted a long-term Bitcoin treasury strategy, with the intention of allocating a portion of excess cash reserves to Bitcoin under a structured and risk-managed framework.

Taken together, these developments point to a company that is expanding in multiple directions at once: geographically, operationally, and strategically. As we continue to grow, we remain focused on disciplined execution, careful integration of new markets, and prudent capital allocation. We believe that sustainable long-term value creation depends not only on growth, but on how that growth is managed.

As Founder and CEO, I remain confident in the long-term opportunity ahead of YY Group. We have expanded our market presence, strengthened our capabilities, and continued to build a more diversified and scalable platform. We also believe robotics will play an increasingly important role in the future of our business as we work to deploy more technology-driven solutions across hotels, security, and other service environments globally. While there is still important work ahead, I believe the Company is better positioned today than it was a year ago, and we remain focused on executing our strategy responsibly and creating long-term value for our shareholders. On behalf of our management team and board of directors, thank you for your continued support and confidence in YY Group.

Sincerely,
Mike Fu
Founder and Chief Executive Officer
YY Group Holding Limited

About YY Group Holding Limited
YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.

Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.

Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.

For more information on the Company, please visit https://yygroupholding.com/.

Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market in Hong Kong, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.

Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com

FAQ

What are YY Group (YYGH) preliminary FY2025 revenue and growth figures?

YY Group expects FY2025 revenue of US$57–58M, about 38.7%–41.1% growth. According to the company, these are preliminary fiscal 2025 results showing meaningful year-over-year expansion in core services.

How did YY Group describe its FY2025 profitability and gross margin (YYGH)?

The company expects gross profit of US$7.5–8.0M and gross margin of 13.2%–13.8%. According to the company, this reflects improving unit economics from market expansion and service diversification.

What acquisitions and market entries did YY Group (YYGH) complete in 2025?

YY Group acquired Uniforce Security and a 53% stake in Transocean Oil’s property division in June 2025. According to the company, these add security and premium property capabilities in Singapore.

What growth does YY Group (YYGH) project for its Hong Kong business in 2026?

The company projects Hong Kong revenue could reach HKD 100M in 2026, a >1,000% increase from a partial 2025 base. According to the company, early hotel partnerships drove this rapid local scale.

What capital actions did YY Group (YYGH) announce to support growth?

YY Group announced a US$20M at-the-market offering facility and reported unaudited total assets of ≈US$44.0M. According to the company, the ATM increases capital flexibility for expansion.

How is YY Group (YYGH) investing in technology and payments?

The company launched robotics initiatives, AI-enabled operations, and stablecoin payment plans in 2025. According to the company, these moves aim to integrate automation, AI, and cross-border payments into its service platform.