December 2, 2025
Kintyre Holdings Limited (KNTYR)
Unaudited financials for the nine months ended September 30, 2025:
Kintyre Holdings Limited (KNTYR) for the nine months ended September 30, 2025, reported a 69% increase in Revenue totaling $208.92 million compared to $123.41 million in the corresponding period last year. Revenue for the third quarter had a 146% increase to close at $135.33 million compared to $55.09 million for the comparable quarter of 2024.
Year to date, Cost off Sales amounted to $29.48 million (2024: $29.15 million), this represents an increase of 1% year over year. Consequently, gross profit increased by 90% to $179.44 million compared to $94.26 million for the nine months ended September 30, 2024. The company booked gross profit of $127.15 million for the third quarter versus $45.77 million reported for the similar quarter of 2024.
Administrative & General Exp decrease by 25% to close at $45.34 million (2024: $60.59 million), while Depreciation & Amortization decreased by 61% from $5.02 million in 2024 to $1.96 million in the period under review. As a result, total operating expenses for the nine months ended September 30, 2025, amounted to $47.30 million, a 28% decrease relative to $65.61 million reported in 2024.
Consequently, Operating profit for the nine months ended September 30, 2025, amounted to $133.36 million, a 300% increase relative to $33.31 million reported in 2024. Operating profit for the third quarter amounted to $103.54 million (2024: $26.20 million). Finance and Policy Costs totaled $1.12 million, a 72% decrease from the corresponding period last year. (2024: $3.97 million).
Pre-tax profit for the nine months ended September 30, 2025, amounted to $132.24 million, a 351% increase relative to $29.34 million reported in 2024. Pre-tax profit for the third quarter amounted to $103.54 million (2024: $25.24 million).
Income Tax for the nine months ended September 30, 2025, had a 68% decrease to reach $2.86 million (2024: $8.92 million). As a result, net profit for the nine months amounted to $129.38 million, a 533% increase from the $20.42 million reported in 2024. For the third quarter, Net profit was $103.54 million (2024: $21.40 million).
Net profit attributable to shareholders for the nine months ended September 30, 2025, amounted to $77.63 million, a significant increase from the $11.54 million reported in the prior period last year.
Consequently, Earnings Per Share for the nine months amounted to $0.14 (2024: EPS: $0.02), while Earnings Per Share for the quarter totaled $0.11 (2024: EPS: $0.02). The twelve-month trailing EPS was $0.13 and the number of shares used in these calculations was 949,685,242.
Notably, KNTYR’s stock price closed the trading period on December 02, 2025, at a price of $0.29 with a corresponding P/E ratio of 2.28x.
Balance Sheet Highlights
The company’s assets totaled $970.33 million (2024: $564.70 million). The movement in total assets was mainly attributable to a 94% increase in ‘Plant, property and equipment’ amounting to $286 million (2024: $147.29 million).
Shareholder’s equity was $422.51 million (2024: $273.78 million), representing a book value per share of $0.44 (2024: $0.29).
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