MFS reports year end net profit of $85.77 million

August 18, 2025

MFS Capital Partners Limited(MFS)

Unaudited financials for the twelve months ended June 30, 2025:

MFS Capital Partners Limited (MFS) for the twelve months ended June 30, 2025, reported an 850% increase in Revenue totaling $271.19 million compared to $28.54 million in the corresponding period last year. Revenue for the fourth quarter had a 69,391% increase to close at $92.08 million compared to $132,500 for the comparable quarter of 2024.

 

Cost of sales amounted to $124.53 million (2024: $12.46 million), representing a 899% year-over-year increase. Consequently, gross profit increased by 812% to $146.66 million compared to $16.07 million for the twelve months ended June 30, 2024. The company booked gross profit of $51.13 million for the fourth quarter, compared to $20.45 reported for the same quarter of 2024.

 

Other operating income increases by 702% to close at $68.69 million (2024: $8.57 million), while Administrative expenses increase by 11% from $82.54 million in 2024 to $91.23 million in the period under review. As a result, operating profit for the twelve months ended June 30, 2025 amounted to $124.12 million, a 315% increase relative to loss of $57.63 million reported in 2024.

 

Finance costs, net for the twelve months ending June 30, 2025, amounted to $9.13 million, a 1334% increase relative to $636,528 reported in 2024. Finance costs, net for the fourth quarter amounted to $3.53 million (2024: $1.58 million). Profit before taxation totaled $114.99 million, a 297% increase from the corresponding period last year. (2024: loss of $58.27 million).

 

Taxation for the twelve months ended June 30, 2025, amounted to $29.22 million, a 366% increase relative to $6.28 million reported in 2024. Taxation for the fourth quarter amounted to $10.71 million.

 

Net Profit for the twelve months ended June 30, 2025, had a 233% increase to reach $85.77 million (2024: loss of $64.55 million). Net profit for the quarter was $15.52 million versus loss of $10.55 million for the prior comparable period.

 

Consequently, Earnings Per Share for the twelve months amounted to $0.13 (2024: LPS: $0.08), while Earnings Per Share for the quarter totaled $0.02 (2024: LPS: $0.02). The  number of shares used in these calculations was 400,000,000.

Notably, MFS’s stock price closed the trading period on August 14, 2025 at a price of $0.47 with a corresponding P/E ratio of 3.62x.

 

Balance Sheet Highlights

The company’s assets totalled $872.68 million (2024: $821.10 million). The company’s total assets was driven by a 30% YoY increase in the “Due to related Companies” account, ending the year at 223.45 million (2024: $171.35 million), a 86% YoY increase in “Receivables” ending the year at $42.26 million (2024: $22.75 million) and a 2% YoY increase in “Cash & bank Balances” ending the year at $64.08 million (2024: $62.96 million).

 

Shareholders’ equity was $268.61 million (2024: $183.69 million), representing a book value per share of $0.41 (2024: $0.28).

 

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.

Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_148562033
January 29, 2026   Supreme Ventures Limited (SVL) has advised that on January 28, 2026, a Director purchased 319,424 SVL shares and a relat…
shutterstock_453968572
January 29, 2026   GraceKennedy Limited (GK) has advised that it has successfully acquired the remaining 50% stake in Dairy Industries (Jam…
shutterstock_609342323
January 29, 2026   Knutsford Express Services Limited (KEX) has declared a dividend of $0.07 per stock unit payable on March 2, 2026, to …
shutterstock_556282549
January 29, 2026 Jamaica’s Prime Minister, Andrew Holness, on Wednesday urged Latin America and the Caribbean to position itself more assertively a…
shutterstock_193038047
January 29, 2026 Barbados is projected to record another year of solid economic growth in 2026, according to the Central Bank of Barbados, although…
shutterstock_453968572
January 29, 2026   United States:   US Trade Deficit Widens From Smallest Since 2009 as Imports Rise   The US trade deficit widene…
shutterstock_193038047
January 28, 2025 The Federal Reserve kept its benchmark federal‑funds rate unchanged at 3.5% to 3.75% in its first policy meeting of 2026, markin…