On a full-year basis, the group is still in the red, but losses have narrowed to US$924,000 from US$3.27 million in FY2024.
PhillipCapital is reiterating its “buy” call on Singapore’s first and only successfully Spac listed company 17Live, but has dropped target price to $1.18 from $1.45 previously.
This comes on the back of the live streaming platform operator’s recent FY2025 ended Dec 31, 2025 results announcement, which saw the group turn profitable for the 2HFY2025 period – it reported earnings of US$3.68 million compared to a loss of US$5.21 million the same period a year ago.
