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Audience Analytics FY2023 net profit falls 18% y-o-y to $4.64 mil

Jovi Ho
Jovi Ho • 2 min read
Audience Analytics FY2023 net profit falls 18% y-o-y to $4.64 mil
Audience Analytics chairman William Ng. Photo: Samuel Isaac Chua/The Edge Singapore
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Audience Analytics has reported net profit of $4.64 million for FY2023 ended Dec 31, 2023, down 18% y-o-y. Net profit was lumpy, with some $4.05 million recorded in 2HFY2023, down 28% y-o-y.

FY2023 revenue, meanwhile, was 4% higher y-o-y, at $14.63 million. 2HFY2023 revenue was 10% lower y-o-y, at $11.04 million. 

Management attributed this to an increase in the number of participants and increase in selling prices for rental of exhibition booths for the Malaysia Career & Training Fair held in FY2023.  

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