Stanley Motta Limited (SML)

Unaudited financials for the twelve months ended December 31, 2025:

Stanley Motta Limited (SML), for the twelve months ended December 31, 2025, reported a 48% increase in revenue, totaling $835.56 million compared to $564.11 million in the corresponding period last year. Revenue for the fourth quarter increased by 91%, closing at $278.80 million versus $145.91 million for the comparable quarter of 2024.

Other Operating Income rose by 305%, amounting to $6.38 million, compared to $1.58 million for the twelve months ended December 31, 2024. For the fourth quarter, the company recorded $4.46 million in other operating income, versus a loss of $3.33 million for the similar quarter of 2024.

Notably, the Fair value gains on investment properties increased by 245% amounting to $2.85 billion for the twelve months ended December 31, 2024 (2023: $824.63 million). Administrative Expenses increased by 42%, closing at $287.77 million (2024: $202.79 million). Consequently, Operating Profit increased by 187%, moving from $1.19 billion in 2024 to $3.40 billion for the period under review. Finance Costs for the twelve months ended December 31, 2025, amounted to $138.15 million, reflecting a 105% increase relative to the $67.28 million reported in 2024.

Profit Before Taxation for the twelve months ended December 31, 2025 totaled $3.26 billion, a 191% increase compared to the $1.12 billion reported in 2024. For the fourth quarter, profit before taxation amounted to $2.99 billion (2024: $2.92 billion). Taxation totaled $14.46 million, representing a 168% increase from $5.40 million in the corresponding period last year.

Net Profit for the twelve months ended December 31, 2025, stood at $3.25 billion, up 191% from the $1.11 billion reported in 2024. Net profit for the fourth quarter amounted to $2.99 billion (2024: $2.92 billion).

Currency Translation Difference on the net assets of the foreign subsidiary totaled $23.52 million (2024: nil). As a result, Total Comprehensive Income for the twelve months amounted to $3.27 billion, a 194% increase from the $1.11 billion reported in 2024. For the fourth quarter, Total Comprehensive Income was $3.02 billion (2024: $2.94 billion).

Consequently, Earnings Per Share for the twelve months amounted to $4.29 (2024: EPS: $1.47), while Earnings Per Share for the quarter totaled $3.95 (2024: EPS: $3.85). The twelve-month trailing EPS was $4.29, and the number of shares used in these calculations was 757,828,490.

Notably, SML’s stock price closed the trading period on February 13, 2026, at a price of $6.33 with a corresponding P/E ratio of 1.48x.

Balance Sheet Highlights

The company’s assets totaled $15.08 billion (2024: $11.49 billion). The movement in total assets was mainly attributable to a 29% increase in ‘Investment Properties’ amounting to $14.32 billion (2024: $11.14 billion).

Shareholders’ equity was $11.62 billion (2024: $8.62 billion), representing a book value per share of $15.33 (2024: $11.37).

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