Aem - Finally, she is back in the black with FY net profit of 17.148m, declared Final dividend of 1.3 cents

 Aem - Finally,  she is back in the black with FY net profit of 17.148m, declared Final dividend of 1.3 cents.

At current price of 2.03, yield is merely 0.64%. Price seem trading at premium price level! Profit margin is 4.1%. PE 37.9x . Let's see how the market react!

• Revenue for FY2025 reached S$399.3 million, up 5% year-on-year, driven by the ramp 

with its major Artificial Intelligence (“AI”)/High-Performance Computing (“HPC”) 

customer and continued adoption of its advanced test solutions.

• Profit before tax increased 51.6% year-on-year to S$21.3 million. PBT margin improved 

1.6 ppts to 5.3%, due to higher revenue and thus improved operating leverage.

• The Board of Directors have recommended a final dividend of 1.3 Singapore cents per 

ordinary share for FY2025.

• AEM’s second AI/HPC customer contributed over 25% of Test Cell Solutions’ segment 

revenue in FY2025, and is expected to grow in FY2026 to become the Group’s top 

customer by revenue. 

• The Group is providing revenue guidance of S$460 million to S$510 million for FY2026, 

driven by the AI/HPC ramp, with TCS expected to contribute approximately 70% of the 

group’s overall revenue.