April 16, 2026
K.L.E. GROUP LIMITED (KLE)
Audited financials for the twelve months ended December 31, 2025:
K.L.E. GROUP LIMITED (KLE) for the twelve months ended December 31, 2025, reported Revenue of $78.79 million generated primarily from property management fees of $18.82 million and furniture package sales of $59.97 million, compared to no revenue recorded in the corresponding period last year. Other Operating Income totalled $30,000 (2024: $3,000), an increase of 900% year over year.
Cost of sales amounted to $15.03 million, yielding a Gross Profit of $63.76 million. Administrative and Other Expenses amounted to $36.21 million (2024: $19.95 million), representing an increase of 81% year over year. Consequently, the Group recorded Profit from operations of $27.58 million, compared to a Loss from operations of $19.95 million in the prior year.
Finance costs decreased marginally by 2% to $10.10 million (2024: $10.29 million), while Share of post-tax loss of equity accounted associate increased significantly by 408% to $19.21 million (2024: $3.78 million), driven by continued losses at T&R Restaurant Systems Limited. As a result, Loss from continuing operations for the twelve months ended December 31, 2025 amounted to $1.73 million, a 95% improvement relative to the $34.02 million loss reported in 2024.
No tax charge was incurred for the twelve months ended December 31, 2025 (2024: Nil). Adjustment to discontinued operation results totalled $4.71 million (2024: $8.30 million). As a result, Net Profit for the Year totalled $2.97 million, compared to a Net Loss of $25.72 million in the corresponding period last year.
Unrealised gain on investments at fair value through other comprehensive income for the twelve months ended December 31, 2025 amounted to $92,000, a 90% decrease relative to $896,000 reported in 2024.
Total comprehensive profit for the twelve months amounted to $3.06 million, compared to a Total comprehensive loss of $24.82 million reported in 2024.
Earnings Per Share for the twelve months amounted to $0.03 (2024: LPS: $0.26). The number of shares used in these calculations was 100,000,000.
Notably, KLE’s stock price closed the trading period on April 15, 2026, at a price of $0.87.
Balance Sheet Highlights
The Group’s total assets amounted to $150.23 million (2024: $125.56 million), a 20% increase year over year. The movement in total assets was primarily driven by a 159% increase in Assets Held for Sale, amounting to $70.46 million (2024: $27.23 million), reflecting the acquisition of furniture and fixture costs for the 86 units at Oracabessa, St. Mary, as well as an increase in Receivables to $15.07 million (2024: $6.90 million).
Shareholders’ deficit improved to $11.57 million (2024: shareholders’ deficit of $14.26 million), representing a shareholders’ deficit per share of $0.12 (2024: shareholders’ deficit per share of $0.14).
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