February 13, 2026

Sygnus Credit Investments Limited (SCIJMD)

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

Expressed in United States dollars (except where indicated otherwise)

Sygnus Credit Investments Limited (SCIJMD) for the six months ended December 31, 2025, reported a 10% increase in Total interest income totaling $11.52 million compared to $10.49 million in the corresponding period last year. Total interest income for the second quarter had a 3% decrease to close at $4.98 million compared to $5.15 million for the comparable quarter of 2024.

Interest expense amounted to $6.82 million (2024: $6.37 million), this represents an increase of 7% year over year. Consequently, net interest income increased by 14% to $4.70 million compared to $4.12 million for the six months ended December 31, 2024. The company booked net interest income of $1.52 million for the second quarter versus $1.82 million reported for the similar quarter of 2024.

Fair value gains on investment decreased by 49% to close at $1.94 million (2024: $3.85 million), while Net foreign exchange gains increased by 1640% from $7,224 in 2024 to $125,692 in the period under review. As a result, total revenue for the six months ended December 31, 2025, amounted to $6.64 million, a 18% decrease relative to $8.13 million reported in 2024.

Management fees increased by 7% to close at $1.74 million (2024: $1.64 million), while other expenses increased by 55% from $589,561 in 2024 to $916,080 in the period under review. Also, Impairment allowance on financial assets for the six months ended December 31, 2025, amounted to $1.27 million, a 208% increase relative to $414,147 reported in 2024. As a result, Total Expenses totalled $4.03 million a 47% increase from the corresponding period last year. (2024: $2.73 million).

Profit before tax for the period for the six months ended December 31, 2025, amounted to $2.61 million, a 52% decrease relative to $5.39 million reported in 2024. Loss before tax for the period for the second quarter amounted to 527,784 (2024: Pre-tax profit of $302,124).

Tax credit for the six months ended December 31, 2025, amounted to $41,413 (2024: Tax charge of $265,307). As such, Profit for the year, being total comprehensive income for the six months amounted to $2.65 million, a 48% decrease from the $5.13 million reported in 2024. For the second quarter, Net Loss was $527,784 (2024: Net Profit of $203,790).

Consequently, Earnings Per Share for the six months amounted to J$0.73 (2024: EPS: J$1.38), while Loss Per Share for the quarter totaled J$0.15 (2024: EPS: J$0.06). The twelve-month trailing EPS was J$0.50, and the number of shares used in these calculations was 580,564,096.

Notably, SCIJMD’s stock price closed the trading period on February 13, 2026, at a price of J$11.10 with a corresponding P/E ratio of 22.42x.

Balance Sheet Highlights

The company’s assets totalled $228.13 million (2024: $217.76 million). The growth in total assets was primarily driven by increases in Cash and Interest Receivables by $4.62 million and $5.29 million, respectively.

Shareholder’s equity was $74.82 million (2024: $75.62 million), representing a book value per share of J$20.60 (2024: J$20.37).

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