Polaris (FY2025 ended Dec. 31, 2025) reported revenue of SGD25.3 million (+7.8%) and a net loss of SGD0.7 million (improved by 65.8%). Gross profit was SGD3.3 million (+7.9%), while other income rose to SGD1.3 million (about 6.2x), which the company attributed to the sale of property units. For 2H FY2025, revenue was SGD14.1 million (+19.5%) and net loss was SGD0.7 million (improved by 51.6%). By segment in FY2025, pre-loved luxury goods sales rose to SGD17.9 million (+26.5%), while consumer electronics sales fell to SGD7.4 million (-12%); green protein sales were SGD0.02 million. Polaris said FY2025 growth in pre-loved luxury goods was supported by higher revenue in established markets and contributions from newer territories including Thailand and Vietnam; it also noted it ceased its customer service business in the last quarter of 2024. Cash and bank balances were SGD0.9 million at Dec. 31, 2025, and net asset value per share was 0.0207 cents (group). After the reporting period, Polaris said a purchaser exercised an option to buy its investment property at 81 Ubi Avenue 4, #03-12 for SGD0.95 million, with completion expected on Apr. 20, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Polaris Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: D5U15OWOFCN0MC99) on February 28, 2026, and is solely responsible for the information contained therein.
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