Not so for iFast's latest earnings call, however. Now occupying an entire floor at Singapore Land Tower, analysts and media filled the company's boardroom on Feb 13 to hear from chairman and CEO Lim Chung Chun, who has led the company to post record net profit, revenue and assets under administration (AUA) yet again.
The company iFast Corporation is used to waning and waxing attention; at one point, the mainboard-listed wealth management platform was the best-performing stock on the Singapore Exchange (SGX:S68
) (SGX).
From a low of $2.03 in September 2020, iFast shares soared close to $10 in September 2021. The subsequent few years were relatively quieter for the Singapore-headquartered firm - a private placement in early 2022 to fund a digital bank acquisition only depressed its share price further - and most analysts chose to dial in for iFast's full-year results instead of attending in person.
