MAILPAC reports twelve months net profit of $301.15 million

February 17, 2026

 

MAILPAC Group Limited(MAILPAC)

Unaudited financials for the twelve months ended December 31, 2025:

MAILPAC Group Limited (MAILPAC) for the twelve months ended December 31, 2025 reported a 16% increase in Revenue, totaling J$2.98 billion, compared to J$2.56 billion in the corresponding period last year. Revenue for the fourth quarter amounted to J$827.21 million, representing a 1% decline relative to J$839.42 million recorded for the comparable quarter of 2024.

Cost of Sales totalled J$1.34 billion (2024: J$1.31 billion), reflecting a 3% year‑over‑year increase. Consequently, Gross Profit rose by 31% to J$1.64 billion, up from J$1.25 billion for the twelve months ended December 31, 2024. The Company reported Gross Profit of J$442.21 million for the fourth quarter versus J$423.35 million for the similar period of 2024.

Administrative and general expenses increased by 25%, closing at J$975.63 million (2024: J$781.60 million), while Selling and promotion costs rose 31% to J$127.10 million, up from J$96.91 million in 2024. As a result, Total Expenses for the year amounted to J$1.10 billion, a 26% increase over the J$878.50 million reported in the prior year.

Operating Profit for the twelve months ended December 31, 2025 amounted to J$536.49 million, representing a 44% increase relative to J$373.80 million reported in 2024. Operating Profit for the fourth quarter was J$133.88 million, up from J$120.11 million in the similar quarter last year. Finance and policy costs totalled J$184.70 million, a 59% increase from J$115.94 million reported in 2024.

Profit Before Taxation for the twelve months ended December 31, 2025 amounted to J$354.15 million, a 37% improvement relative to J$259.12 million in 2024. Profit Before Taxation for the fourth quarter closed at J$80.08 million, compared to J$76.45 million reported in the prior year.

The taxation charge for the year amounted to J$52.99 million (2024: credit of J$10.34 million). As a result, Net Profit for the twelve months amounted to J$301.15 million, a 21% increase over the J$248.78 million recorded in 2024. For the fourth quarter, Net Profit was J$53.00 million, compared to J$70.48 million reported in 2024.

Consequently, Earnings Per Share for the twelve months amounted to $0.12 (2024: EPS: $0.10), while Earnings Per Share for the quarter totaled $0.02 (2024: EPS: $0.03). The twelve-month trailing EPS was $0.12 and the number of shares used in these calculations was 2,500,000,000.

Notably, MAILPAC’s stock price closed the trading period on February 16, 2026 at a price of $2.58 with a corresponding P/E ratio of 21.42x.

Balance Sheet Highlights

The company’s assets totaled $2.50 billion (2024: $2.25 billion). The movement in total assets was primarily attributable to 43% increase in Cash and cash equivalents amounting to $230.72 million (2024: $173.52 million). Additionally, PP&E amounted to $342.81 million, 42% increase relative to the prior year.

 

Shareholder’s equity was $812.66 million (2024: $736.51 million), representing a book value per share of $0.33 (2024: $0.29).

 

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

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