Nexion Technologies Limited (stock code: 08420) issued a profit-warning update indicating a sharp reduction in loss attributable to equity holders for the year ending 31 December 2025 (FY2025). Management expects the loss to contract to no more than HK$4.00 million, compared with a HK$14.70 million deficit in FY2024.
The anticipated improvement is chiefly driven by the cyber security solutions and IT software development segment:
• Revenue in this unit is projected to increase 80.3%, rising HK$10.64 million to HK$23.89 million. • Segment Adjusted EBITDA is forecast to swing from a HK$3.67 million loss in FY2024 to a profit of up to HK$1.50 million in FY2025.
The discontinued software-as-a-service (SaaS) segment is also expected to reduce losses markedly:
• Segment Adjusted EBITDA loss is set to contract from HK$7.29 million to no more than HK$0.30 million. • No impairment on intangible assets will be recorded in FY2025, versus a HK$3.86 million charge a year earlier.
Final audited results are scheduled for release on or around 27 March 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities until the full FY2025 figures are published.
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