Floating Button
Home Capital Results

Kimly reports higher FY2024 revenue but earnings down on higher depreciation and other costs

The Edge Singapore
The Edge Singapore  • 2 min read
Kimly reports higher FY2024 revenue but earnings down on higher depreciation and other costs
Photo: Albert Chua
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Coffeeshop operator Kimly (SGX:1D0) has reported higher revenue of $319.4 million for its FY2024 ended Sept, up 1.8% over the year earlier. 

However, earnings dropped 6.8% y-o-y to $31.7 million due to higher operations and depreciation costs.

Even with the lower earnings, the company maintained a cash balance of $98.5 million as of Sept 30, up from $89.1 million as of Sept 30 2023.

TAGS
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.