Revenue for the full year fell by 3.5% y-o-y to $26 million, mainly due to the decrease in revenue from Allied Health Services and general practitioner clinics, offset by revenue from specialist clinics. The lower revenue from general practitioner clinics was mainly due to the disposal of GM Medical on March 1, 2024, and AE Fernvale on Sept 16, 2024. The lower revenue from Allied Health Services is due to the winding down of Ready Fit Physiotherapy in FY2025.
Singapore Paincare Holdings has reported a loss of $4 million for the FY2025 ended June 30, reversing from earnings of $2 million in FY2024.
In the 2HFY2025, the company also reported a loss of $4.5 million, down from earnings of $1.1 million in the same period last year.
