March 2, 2026
Jetcon Corporation Limited (JETCON)
Audited financials for the twelve months ended December 31, 2025:
Jetcon Corporation Limited (JETCON) for the twelve months ended December 31, 2025 reported a 81% increase in Revenue, totaling $941.12 million compared to $519.88 million in the corresponding period last year.
Cost of Sales amounted to $701.62 million (2024: $498.39 million), reflecting a 41% increase year over year. Consequently, Gross Profit increased significantly to $239.51 million, compared to $21.48 million for the twelve months ended December 31, 2024.
Total Operating Income, inclusive of Other Income, rose sharply to $241.23 million (2024: $23.08 million). Administrative and Other Expenses increased to $93.44 million, up from $75.00 million in the prior year. Furthermore, Selling and Marketing Expenses amounted to $35.72 million, a 74% increase relative to $20.53 million reported in 2024.
Consequently, Total Expenses for the twelve months ended December 31, 2025 amounted to $129.16 million, a 35% increase over the $95.53 million reported in 2024.
Operating Profit for the period under review amounted to $112.07 million, compared to an operating loss of $72.45 million in 2024. Finance Costs for the twelve months ended December 31, 2025 totaled $10.21 million, relative to $1.81 million reported in the prior year.
Taxation for the year amounted to $6.63 million, versus no tax charge in 2024. As such, Net Profit for the twelve months ended December 31, 2025 was $95.23 million, compared to a Net Loss of $74.26 million recorded in 2024.
Fair Value Movement in Investments amounted to a loss of $4,597 (2024: Loss of $7,032). No revaluation gains were recorded in 2025, compared with $175.69 million in 2024. As a result, Total Comprehensive Income for the twelve months amounted to $95.22 million, compared with $101.42 million in the prior year.
Consequently, Earnings Per Share for the twelve months amounted to $0.163 (2024: LPS: $0.127), while Earnings Per Share for the quarter totaled $0.05 (2024: LPS: $0.098). The twelve-month trailing EPS was $0.16, and the number of shares used in these calculations was 583,500,000.
Notably, JETCON’s stock price closed the trading period on February 27, 2026, at a price of $2.36 with a corresponding P/E ratio of 14.46x.
Balance Sheet Highlights
The company’s assets totaled $957.59 million (2024: $831.45 million). The movement in total assets was primarily attributable to an increase in Receivables, which rose to $186.92 million from $116.89 million in 2024. Additionally, Property and Equipment increased by 13% to $463.60 million (2024: $410.61 million).
Shareholder’s equity was $771.71 million (2024: $676.42 million), representing a book value per share of $1.32 (2024: $1.16).
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