The expenditure includes immersive Location-based Entertainment and Experiences (LBE) and proprietary Intellectual Property (IP) development, as well as front-loaded setup and related costs for the Malaysia manufacturing facility.
Dezign Format (SGX:UZF
) says that it is expected to report a lower net profit for FY2025 compared to the corresponding year (FY2024).
Dezign Format explained that the lower profitability was a result of “strategic expenditure” to accelerate its growth trajectory.
