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_556282549
March 13, 2026 Minister of Finance and the Public Service, Fayval Williams, has assured the public that Jamaica is well positioned to manage potent…
shutterstock_316932977-700x441
March 13, 2026 The government of Cuba has confirmed that it has held discussions with the administration of Donald Trump, according to the country’…
shutterstock_453968572
March 13, 2026 United States: US Consumer Spending Barely Rises After Weaker GDP Growth   US consumer spending barely rose in January afte…
shutterstock_537598660
March12, 2026 Blue Power Group Limited (BPOW) Unaudited financials for the nine months ended January 31, 2026: Blue Power Group Limited (BPOW) for …
shutterstock_148562033
March 12, 2026   Wisynco Group Limited (WISYNCO) has advised that on March 9, 2026, Executives sold a total of 2,594,821 WISYNCO shares. …
shutterstock_453968572
March 12, 2026 United States: US Trade Gap Narrowed in January by More Than Projected   The US trade deficit narrowed in January as export…
shutterstock_342262439
March 11, 2025   Indies Pharma Jamaica Limited (INDIES) has advised that at a meeting of its Board of Directors to be held on March 23, 202…
shutterstock_453968572
March 11, 2025   Kintyre Holdings (JA) Limited (KNTYR) has advised that the Company has been notified that a group of principal shareholder…