For its 1HFY2025, ISOTeam reported revenue of $65.4 million, up just 4.2% y-o-y. However, earnings reached $1.9 million, up 36.5% y-o-y, thanks to margin expansion.
Alyssa Tee of KGI Securities has initiated coverage on ISOTeam with an "outperform" call, betting on its strong earnings recovery thanks to margin expansion.
"ISOTeam is well-positioned to capitalise on Singapore’s sustained public sector upgrading and green initiatives," says Tee in her May 8 note, where she has indicated a target price of 10 cents.
