Avi-Tech Hldg 1R6
Financials
Annual Report 2026
Auditor’s opinion: a true and fair view. Read auditor’s report (PDF p. 86)
Explore the statements
31 tablesGroup statement of financial position
27 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / as at 30 June 2026 | 2025Group / as at 30 June 2025 | Source |
|---|---|---|---|
| Current assets | |||
| Cash and bank balancesSingapore dollars thousands | 4,251 | 4,031 | PDF p. 90 |
| Fixed depositsSingapore dollars thousands | 32,860 | 33,420 | PDF p. 90 |
| Trade receivablesSingapore dollars thousands | 3,990 | 5,700 | PDF p. 90 |
| Other receivables and prepaymentsSingapore dollars thousands | 488 | 695 | PDF p. 90 |
| InventoriesSingapore dollars thousands | 2,002 | 2,847 | PDF p. 90 |
| Other financial assets at amortised costSingapore dollars thousands | – | 500 | PDF p. 90 |
| Total current assetsSingapore dollars thousands | 43,591 | 47,193 | PDF p. 90 |
| Non-current assets | |||
| SubsidiariesSingapore dollars thousands | – | – | PDF p. 90 |
| AssociateSingapore dollars thousands | – | – | PDF p. 90 |
| Property, plant and equipmentSingapore dollars thousands | 9,645 | 10,479 | PDF p. 90 |
| Right-of-use assetSingapore dollars thousands | 49 | 306 | PDF p. 90 |
| Other receivables and prepaymentsSingapore dollars thousands | 372 | – | PDF p. 90 |
| Total non-current assetsSingapore dollars thousands | 10,066 | 10,785 | PDF p. 90 |
| Total assetsSingapore dollars thousands | 53,657 | 57,978 | PDF p. 90 |
| Current liabilities | |||
| Trade payablesSingapore dollars thousands | 2,138 | 3,213 | PDF p. 90 |
| Other payablesSingapore dollars thousands | 1,172 | 1,531 | PDF p. 90 |
| Lease liabilitiesSingapore dollars thousands | 98 | 330 | PDF p. 90 |
| Income tax payableSingapore dollars thousands | 24 | 406 | PDF p. 90 |
| Total current liabilitiesSingapore dollars thousands | 3,432 | 5,480 | PDF p. 90 |
| Non-current liabilities | |||
| Other payablesSingapore dollars thousands | 15 | 96 | PDF p. 90 |
| Lease liabilitiesSingapore dollars thousands | 81 | 174 | PDF p. 90 |
| Deferred tax liabilitiesSingapore dollars thousands | 1,091 | 1,333 | PDF p. 90 |
| Total non-current liabilitiesSingapore dollars thousands | 1,187 | 1,603 | PDF p. 90 |
| Capital and reserves | |||
| Share capitalSingapore dollars thousands | 30,759 | 30,759 | PDF p. 90 |
| ReservesSingapore dollars thousands | 18,279 | 20,136 | PDF p. 90 |
| Total equitySingapore dollars thousands | 49,038 | 50,895 | PDF p. 90 |
| Total liabilities and equitySingapore dollars thousands | 53,657 | 57,978 | PDF p. 90 |
Definitions & sources
Original report: PDF p. 90 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Company statement of financial position
27 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Company / as at 30 June 2026 | 2025Company / as at 30 June 2025 | Source |
|---|---|---|---|
| Current assets | |||
| Cash and bank balancesSingapore dollars thousands | 1,419 | 340 | PDF p. 90 |
| Fixed depositsSingapore dollars thousands | 10,000 | 13,510 | PDF p. 90 |
| Trade receivablesSingapore dollars thousands | – | – | PDF p. 90 |
| Other receivables and prepaymentsSingapore dollars thousands | 75 | 109 | PDF p. 90 |
| InventoriesSingapore dollars thousands | – | – | PDF p. 90 |
| Other financial assets at amortised costSingapore dollars thousands | – | – | PDF p. 90 |
| Total current assetsSingapore dollars thousands | 11,494 | 13,959 | PDF p. 90 |
| Non-current assets | |||
| SubsidiariesSingapore dollars thousands | 51,464 | 51,464 | PDF p. 90 |
| AssociateSingapore dollars thousands | – | – | PDF p. 90 |
| Property, plant and equipmentSingapore dollars thousands | – | – | PDF p. 90 |
| Right-of-use assetSingapore dollars thousands | – | – | PDF p. 90 |
| Other receivables and prepaymentsSingapore dollars thousands | – | – | PDF p. 90 |
| Total non-current assetsSingapore dollars thousands | 51,464 | 51,464 | PDF p. 90 |
| Total assetsSingapore dollars thousands | 62,958 | 65,423 | PDF p. 90 |
| Current liabilities | |||
| Trade payablesSingapore dollars thousands | 75 | 92 | PDF p. 90 |
| Other payablesSingapore dollars thousands | 319 | 1,890 | PDF p. 90 |
| Lease liabilitiesSingapore dollars thousands | – | – | PDF p. 90 |
| Income tax payableSingapore dollars thousands | 1 | 48 | PDF p. 90 |
| Total current liabilitiesSingapore dollars thousands | 395 | 2,030 | PDF p. 90 |
| Non-current liabilities | |||
| Other payablesSingapore dollars thousands | – | – | PDF p. 90 |
| Lease liabilitiesSingapore dollars thousands | – | – | PDF p. 90 |
| Deferred tax liabilitiesSingapore dollars thousands | – | 16 | PDF p. 90 |
| Total non-current liabilitiesSingapore dollars thousands | – | 16 | PDF p. 90 |
| Capital and reserves | |||
| Share capitalSingapore dollars thousands | 30,759 | 30,759 | PDF p. 90 |
| ReservesSingapore dollars thousands | 31,804 | 32,618 | PDF p. 90 |
| Total equitySingapore dollars thousands | 62,563 | 63,377 | PDF p. 90 |
| Total liabilities and equitySingapore dollars thousands | 62,958 | 65,423 | PDF p. 90 |
Definitions & sources
Original report: PDF p. 90 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group consolidated statement of profit or loss and comprehensive income
15 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / year ended 30 June 2026 | 2025Group / year ended 30 June 2025 | Source |
|---|---|---|---|
| Group profit or loss and comprehensive income | |||
| RevenueSingapore dollars thousands | 18,297 | 21,592 | PDF p. 91 |
| Cost of salesSingapore dollars thousands | (16,364) | (17,600) | PDF p. 91 |
| Gross profitSingapore dollars thousands | 1,933 | 3,992 | PDF p. 91 |
| Other operating incomeSingapore dollars thousands | 1,112 | 1,669 | PDF p. 91 |
| Distribution costsSingapore dollars thousands | (80) | (91) | PDF p. 91 |
| Administrative expensesSingapore dollars thousands | (4,755) | (4,640) | PDF p. 91 |
| Finance costsSingapore dollars thousands | (11) | (16) | PDF p. 91 |
| (Loss) Profit before income taxSingapore dollars thousands | (1,801) | 914 | PDF p. 91 |
| Income tax credit (expense)Singapore dollars thousands | 362 | (251) | PDF p. 91 |
| (Loss) Profit for the yearSingapore dollars thousands | (1,439) | 663 | PDF p. 91 |
| Item that may be reclassified subsequently to profit or loss | |||
| Exchange differences on translation of foreign operationSingapore dollars thousands | 10 | (6) | PDF p. 91 |
| Other comprehensive income (loss) for the year, net of taxSingapore dollars thousands | 10 | (6) | PDF p. 91 |
| Total comprehensive (loss) income for the yearSingapore dollars thousands | (1,429) | 657 | PDF p. 91 |
| Earnings per share | |||
| Basic (cents)Singapore cents per share | (0.84) | 0.39 | PDF p. 91 |
| Diluted (cents)Singapore cents per share | (0.84) | 0.39 | PDF p. 91 |
Definitions & sources
Original report: PDF p. 91 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group changes in equity / 2026
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / Share capital | 2026Group / Currency translation reserve | 2026Group / Retained earnings | 2026Group / Total reserves | 2026Group / Total equity | Source |
|---|---|---|---|---|---|---|
| Group changes in equity / 2026 | ||||||
| Balance at 30 June 2025Singapore dollars thousands | 30,759 | (9) | 20,145 | 20,136 | 50,895 | PDF p. 92 |
| Loss for the yearSingapore dollars thousands | – | – | (1,439) | (1,439) | (1,439) | PDF p. 92 |
| Other comprehensive income for the yearSingapore dollars thousands | – | 10 | – | 10 | 10 | PDF p. 92 |
| TotalSingapore dollars thousands | – | 10 | (1,439) | (1,429) | (1,429) | PDF p. 92 |
| Transactions with owners recognised directly in equity | ||||||
| Dividends (Note 29)Singapore dollars thousands | – | – | (428) | (428) | (428) | PDF p. 92 |
| Group changes in equity / 2026 | ||||||
| Balance at 30 June 2026Singapore dollars thousands | 30,759 | 1 | 18,278 | 18,279 | 49,038 | PDF p. 92 |
Definitions & sources
Original report: PDF p. 92 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group changes in equity / 2025
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group / Share capital | 2025Group / Currency translation reserve | 2025Group / Retained earnings | 2025Group / Total reserves | 2025Group / Total equity | Source |
|---|---|---|---|---|---|---|
| Group changes in equity / 2025 | ||||||
| Balance at 1 July 2024Singapore dollars thousands | 30,759 | (3) | 20,765 | 20,762 | 51,521 | PDF p. 92 |
| Profit for the yearSingapore dollars thousands | – | – | 663 | 663 | 663 | PDF p. 92 |
| Other comprehensive loss for the yearSingapore dollars thousands | – | (6) | – | (6) | (6) | PDF p. 92 |
| TotalSingapore dollars thousands | – | (6) | 663 | 657 | 657 | PDF p. 92 |
| Transactions with owners recognised directly in equity | ||||||
| Dividends (Note 29)Singapore dollars thousands | – | – | (1,283) | (1,283) | (1,283) | PDF p. 92 |
| Group changes in equity / 2025 | ||||||
| Balance at 30 June 2025Singapore dollars thousands | 30,759 | (9) | 20,145 | 20,136 | 50,895 | PDF p. 92 |
Definitions & sources
Original report: PDF p. 92 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Company changes in equity / 2026
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Company / Share capital | 2026Company / Capital reserve | 2026Company / Retained earnings | 2026Company / Total reserves | 2026Company / Total equity | Source |
|---|---|---|---|---|---|---|
| Company changes in equity / 2026 | ||||||
| Balance at 30 June 2025Singapore dollars thousands | 30,759 | 20,705 | 11,913 | 32,618 | 63,377 | PDF p. 93 |
| Loss for the year, representing total comprehensive loss for the yearSingapore dollars thousands | – | – | (386) | (386) | (386) | PDF p. 93 |
| Transactions with owners recognised directly in equity | ||||||
| Dividends (Note 29)Singapore dollars thousands | – | – | (428) | (428) | (428) | PDF p. 93 |
| Company changes in equity / 2026 | ||||||
| Balance at 30 June 2026Singapore dollars thousands | 30,759 | 20,705 | 11,099 | 31,804 | 62,563 | PDF p. 93 |
Definitions & sources
Original report: PDF p. 93 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Company changes in equity / 2025
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Company / Share capital | 2025Company / Capital reserve | 2025Company / Retained earnings | 2025Company / Total reserves | 2025Company / Total equity | Source |
|---|---|---|---|---|---|---|
| Company changes in equity / 2025 | ||||||
| Balance at 1 July 2024Singapore dollars thousands | 30,759 | 20,705 | 13,118 | 33,823 | 64,582 | PDF p. 93 |
| Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands | – | – | 78 | 78 | 78 | PDF p. 93 |
| Transactions with owners recognised directly in equity | ||||||
| Dividends (Note 29)Singapore dollars thousands | – | – | (1,283) | (1,283) | (1,283) | PDF p. 93 |
| Company changes in equity / 2025 | ||||||
| Balance at 30 June 2025Singapore dollars thousands | 30,759 | 20,705 | 11,913 | 32,618 | 63,377 | PDF p. 93 |
Definitions & sources
Original report: PDF p. 93 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group consolidated statement of cash flows
31 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / year ended 30 June 2026 | 2025Group / year ended 30 June 2025 | Source |
|---|---|---|---|
| Operating activities | |||
| (Loss) Profit before income taxSingapore dollars thousands | (1,801) | 914 | PDF p. 94 |
| Adjustments for: | |||
| Depreciation of property, plant and equipmentSingapore dollars thousands | 1,024 | 1,050 | PDF p. 94 |
| Depreciation of right-of-use assetSingapore dollars thousands | 266 | 260 | PDF p. 94 |
| Amortisation of deferred grantSingapore dollars thousands | (84) | (83) | PDF p. 94 |
| Allowance for inventories obsolescenceSingapore dollars thousands | 70 | 2 | PDF p. 94 |
| Interest expenseSingapore dollars thousands | 11 | 16 | PDF p. 94 |
| Interest incomeSingapore dollars thousands | (310) | (1,040) | PDF p. 94 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | (824) | 1,119 | PDF p. 94 |
| Trade receivablesSingapore dollars thousands | 1,710 | (2,029) | PDF p. 94 |
| Other receivables and prepaymentsSingapore dollars thousands | (45) | (42) | PDF p. 94 |
| InventoriesSingapore dollars thousands | 775 | 831 | PDF p. 94 |
| Trade payablesSingapore dollars thousands | (1,075) | 1,426 | PDF p. 94 |
| Other payablesSingapore dollars thousands | (356) | (8) | PDF p. 94 |
| Cash generated from operationsSingapore dollars thousands | 185 | 1,297 | PDF p. 94 |
| Income tax paidSingapore dollars thousands | (262) | (309) | PDF p. 94 |
| Interest paidSingapore dollars thousands | (11) | (16) | PDF p. 94 |
| Interest receivedSingapore dollars thousands | 561 | 1,208 | PDF p. 94 |
| Net cash from operating activitiesSingapore dollars thousands | 473 | 2,180 | PDF p. 94 |
| Investing activities | |||
| Additions to property, plant and equipmentSingapore dollars thousands | (190) | (100) | PDF p. 94 |
| Advances paid for the purchase of property, plant and equipmentSingapore dollars thousands | (371) | – | PDF p. 94 |
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | – | 1 | PDF p. 94 |
| Proceeds from held-to-maturity financial assetsSingapore dollars thousands | 500 | – | PDF p. 94 |
| Withdrawal from (Placement of) fixed depositsSingapore dollars thousands | 29,170 | (240) | PDF p. 94 |
| Net cash from (used) in investing activitiesSingapore dollars thousands | 29,109 | (339) | PDF p. 94 |
| Financing activities | |||
| Dividends paidSingapore dollars thousands | (428) | (1,283) | PDF p. 94 |
| Repayment of lease liabilitiesSingapore dollars thousands | (334) | (319) | PDF p. 94 |
| Net cash used in financing activitiesSingapore dollars thousands | (762) | (1,602) | PDF p. 94 |
| Net increase in cash and cash equivalentsSingapore dollars thousands | 28,820 | 239 | PDF p. 94 |
| Cash and cash equivalents at beginning of the yearSingapore dollars thousands | 8,281 | 8,048 | PDF p. 94 |
| Effects of exchange rate changes on the balance of cash heldSingapore dollars thousands | 10 | (6) | PDF p. 94 |
| Cash and cash equivalents at end of the year (Note 8)Singapore dollars thousands | 37,111 | 8,281 | PDF p. 94 |
Definitions & sources
Original report: PDF p. 94 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Note 8 / Group cash equivalents and eligible fixed deposits
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Note 8 cash equivalents | |||
| Cash and bank balances (Note 6)Singapore dollars thousands | 4,251 | 4,031 | PDF p. 112 |
| Fixed deposits that are readily convertible to a known amount of cash (Note 7)Singapore dollars thousands | 32,860 | 4,250 | PDF p. 112 |
| Cash and cash equivalents in the consolidated statement of cash flows at end of yearSingapore dollars thousands | 37,111 | 8,281 | PDF p. 112 |
Definitions & sources
Original report: PDF p. 112 ↗
SGD thousands. FY2025 excludes 29,170 of fixed deposits with maturity over three months; FY2026 all 32,860 qualify. This is maturity classification, not an overdraft.
Note 19 / Group lease maturities and balances
10 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Maturity analysis: | |||
| Year 1Singapore dollars thousands | 105 | 341 | PDF p. 118 |
| Year 2Singapore dollars thousands | 59 | 103 | PDF p. 118 |
| Year 3Singapore dollars thousands | 33 | 56 | PDF p. 118 |
| Year 4Singapore dollars thousands | – | 33 | PDF p. 118 |
| Subtotal (unlabelled in original)Singapore dollars thousands | 197 | 533 | PDF p. 118 |
| Less: Unearned interestSingapore dollars thousands | (18) | (29) | PDF p. 118 |
| Subtotal (unlabelled in original)Singapore dollars thousands | 179 | 504 | PDF p. 118 |
| Analysed as: | |||
| CurrentSingapore dollars thousands | 98 | 330 | PDF p. 118 |
| Non-currentSingapore dollars thousands | 81 | 174 | PDF p. 118 |
| Subtotal (unlabelled in original)Singapore dollars thousands | 179 | 504 | PDF p. 118 |
Definitions & sources
Original report: PDF p. 118 ↗
Undiscounted maturity payments 197 less unearned interest 18 equals liability 179; current 98 plus noncurrent 81. Hire-purchase subset is 49 current and 81 noncurrent, not the whole current liability.
Note 19 / Group lease liability rollforward 2026
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Opening 1 July | 2026Financing cash flows | 2026Revision of lease payments | 2026Closing 30 June | Source |
|---|---|---|---|---|---|
| Note 19 financing liability rollforward | |||||
| Lease liabilitiesSingapore dollars thousands | 504 | (334) | 9 | 179 | PDF p. 119 |
Definitions & sources
Original report: PDF p. 119 ↗
Cash and noncash movements remain separate.
Note 19 / Group lease liability rollforward 2025
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Opening 1 July | 2025Financing cash flows | 2025Revision of lease payments | 2025Closing 30 June | Source |
|---|---|---|---|---|---|
| Note 19 financing liability rollforward | |||||
| Lease liabilitiesSingapore dollars thousands | 795 | (319) | 28 | 504 | PDF p. 119 |
Definitions & sources
Original report: PDF p. 119 ↗
Cash and noncash movements remain separate.
Note 28 / Group basic and diluted EPS
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Note 28 EPS | |||
| Earnings Earnings for the purposes of basic and diluted earnings per shareSingapore dollars thousands | (1,439) | 663 | PDF p. 122 |
| Number of shares Weighted average number of ordinary shares for the purposes of basic earnings per share (’000)Thousand ordinary shares | 171,046 | 171,046 | PDF p. 122 |
| Weighted average number of ordinary shares for the purposes of diluted earnings per share (’000)Thousand ordinary shares | 171,046 | 171,046 | PDF p. 122 |
| Earnings per share (cents): | |||
| – BasicSingapore cents per share | (0.84) | 0.39 | PDF p. 122 |
| – DilutedSingapore cents per share | (0.84) | 0.39 | PDF p. 122 |
Definitions & sources
Original report: PDF p. 122 ↗
Profit SGD thousands; weighted ordinary shares thousands; EPS Singapore cents. Whole register shares 171,046,041 are a separate precision/scope from 171,046 thousand weighted shares.
Group statement of financial position
27 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / as at 30 June 2024 | Source |
|---|---|---|
| Current assets | ||
| Cash and bank balancesSingapore dollars thousands | 3,948 | PDF p. 84 |
| Fixed depositsSingapore dollars thousands | 33,030 | PDF p. 84 |
| Trade receivablesSingapore dollars thousands | 3,671 | PDF p. 84 |
| Other receivables and prepaymentsSingapore dollars thousands | 821 | PDF p. 84 |
| InventoriesSingapore dollars thousands | 3,680 | PDF p. 84 |
| Other financial assets at amortised costSingapore dollars thousands | – | PDF p. 84 |
| Total current assetsSingapore dollars thousands | 45,150 | PDF p. 84 |
| Non-current assets | ||
| Other financial assets at amortised costSingapore dollars thousands | 500 | PDF p. 84 |
| SubsidiariesSingapore dollars thousands | – | PDF p. 84 |
| AssociateSingapore dollars thousands | – | PDF p. 84 |
| Property, plant and equipmentSingapore dollars thousands | 11,430 | PDF p. 84 |
| Right-of-use assetSingapore dollars thousands | 538 | PDF p. 84 |
| Total non-current assetsSingapore dollars thousands | 12,468 | PDF p. 84 |
| Total assetsSingapore dollars thousands | 57,618 | PDF p. 84 |
| Current liabilities | ||
| Trade payablesSingapore dollars thousands | 1,787 | PDF p. 84 |
| Other payablesSingapore dollars thousands | 1,534 | PDF p. 84 |
| Lease liabilitiesSingapore dollars thousands | 308 | PDF p. 84 |
| Income tax payableSingapore dollars thousands | 518 | PDF p. 84 |
| Total current liabilitiesSingapore dollars thousands | 4,147 | PDF p. 84 |
| Non-current liabilities | ||
| Other payablesSingapore dollars thousands | 184 | PDF p. 84 |
| Lease liabilitiesSingapore dollars thousands | 487 | PDF p. 84 |
| Deferred tax liabilitiesSingapore dollars thousands | 1,279 | PDF p. 84 |
| Total non-current liabilitiesSingapore dollars thousands | 1,950 | PDF p. 84 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 30,759 | PDF p. 84 |
| ReservesSingapore dollars thousands | 20,762 | PDF p. 84 |
| Total equitySingapore dollars thousands | 51,521 | PDF p. 84 |
| Total liabilities and equitySingapore dollars thousands | 57,618 | PDF p. 84 |
Definitions & sources
Original report: PDF p. 84 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Company statement of financial position
27 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Company / as at 30 June 2024 | Source |
|---|---|---|
| Current assets | ||
| Cash and bank balancesSingapore dollars thousands | 517 | PDF p. 84 |
| Fixed depositsSingapore dollars thousands | 14,430 | PDF p. 84 |
| Trade receivablesSingapore dollars thousands | – | PDF p. 84 |
| Other receivables and prepaymentsSingapore dollars thousands | 206 | PDF p. 84 |
| InventoriesSingapore dollars thousands | – | PDF p. 84 |
| Other financial assets at amortised costSingapore dollars thousands | – | PDF p. 84 |
| Total current assetsSingapore dollars thousands | 15,153 | PDF p. 84 |
| Non-current assets | ||
| Other financial assets at amortised costSingapore dollars thousands | – | PDF p. 84 |
| SubsidiariesSingapore dollars thousands | 51,464 | PDF p. 84 |
| AssociateSingapore dollars thousands | – | PDF p. 84 |
| Property, plant and equipmentSingapore dollars thousands | – | PDF p. 84 |
| Right-of-use assetSingapore dollars thousands | – | PDF p. 84 |
| Total non-current assetsSingapore dollars thousands | 51,464 | PDF p. 84 |
| Total assetsSingapore dollars thousands | 66,617 | PDF p. 84 |
| Current liabilities | ||
| Trade payablesSingapore dollars thousands | 100 | PDF p. 84 |
| Other payablesSingapore dollars thousands | 1,875 | PDF p. 84 |
| Lease liabilitiesSingapore dollars thousands | – | PDF p. 84 |
| Income tax payableSingapore dollars thousands | 60 | PDF p. 84 |
| Total current liabilitiesSingapore dollars thousands | 2,035 | PDF p. 84 |
| Non-current liabilities | ||
| Other payablesSingapore dollars thousands | – | PDF p. 84 |
| Lease liabilitiesSingapore dollars thousands | – | PDF p. 84 |
| Deferred tax liabilitiesSingapore dollars thousands | – | PDF p. 84 |
| Total non-current liabilitiesSingapore dollars thousands | – | PDF p. 84 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 30,759 | PDF p. 84 |
| ReservesSingapore dollars thousands | 33,823 | PDF p. 84 |
| Total equitySingapore dollars thousands | 64,582 | PDF p. 84 |
| Total liabilities and equitySingapore dollars thousands | 66,617 | PDF p. 84 |
Definitions & sources
Original report: PDF p. 84 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group consolidated statement of profit or loss and comprehensive income
15 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / year ended 30 June 2024 | Source |
|---|---|---|
| Group profit or loss and comprehensive income | ||
| RevenueSingapore dollars thousands | 25,075 | PDF p. 85 |
| Cost of salesSingapore dollars thousands | (18,549) | PDF p. 85 |
| Gross profitSingapore dollars thousands | 6,526 | PDF p. 85 |
| Other operating incomeSingapore dollars thousands | 2,060 | PDF p. 85 |
| Distribution costsSingapore dollars thousands | (138) | PDF p. 85 |
| Administrative expensesSingapore dollars thousands | (5,046) | PDF p. 85 |
| Finance costsSingapore dollars thousands | (18) | PDF p. 85 |
| Profit before income taxSingapore dollars thousands | 3,384 | PDF p. 85 |
| Income tax expenseSingapore dollars thousands | (570) | PDF p. 85 |
| Profit for the yearSingapore dollars thousands | 2,814 | PDF p. 85 |
| Item that may be reclassified subsequently to profit or loss | ||
| Exchange differences on translation of foreign operationSingapore dollars thousands | – | PDF p. 85 |
| Other comprehensive loss for the year, net of taxSingapore dollars thousands | – | PDF p. 85 |
| Total comprehensive income for the yearSingapore dollars thousands | 2,814 | PDF p. 85 |
| Earnings per share | ||
| Basic (cents)Singapore cents per share | 1.65 | PDF p. 85 |
| Diluted (cents)Singapore cents per share | 1.65 | PDF p. 85 |
Definitions & sources
Original report: PDF p. 85 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group changes in equity / 2024
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / Share capital | 2024Group / Currency translation reserve | 2024Group / Retained earnings | 2024Group / Total reserves | 2024Group / Total equity | Source |
|---|---|---|---|---|---|---|
| Group changes in equity / 2024 | ||||||
| Balance at 1 July 2023Singapore dollars thousands | 30,759 | (3) | 20,944 | 20,941 | 51,700 | PDF p. 86 |
| Profit for the yearSingapore dollars thousands | – | – | 2,814 | 2,814 | 2,814 | PDF p. 86 |
| Transactions with owners recognised directly in equity | ||||||
| Dividends (Note 29)Singapore dollars thousands | – | – | (2,993) | (2,993) | (2,993) | PDF p. 86 |
| Group changes in equity / 2024 | ||||||
| Balance at 30 June 2024Singapore dollars thousands | 30,759 | (3) | 20,765 | 20,762 | 51,521 | PDF p. 86 |
Definitions & sources
Original report: PDF p. 86 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Company changes in equity / 2024
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Company / Share capital | 2024Company / Capital reserve | 2024Company / Retained earnings | 2024Company / Total reserves | 2024Company / Total equity | Source |
|---|---|---|---|---|---|---|
| Company changes in equity / 2024 | ||||||
| Balance at 1 July 2023Singapore dollars thousands | 30,759 | 20,705 | 15,832 | 36,537 | 67,296 | PDF p. 87 |
| Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands | – | – | 279 | 279 | 279 | PDF p. 87 |
| Transactions with owners recognised directly in equity | ||||||
| Dividends (Note 29)Singapore dollars thousands | – | – | (2,993) | (2,993) | (2,993) | PDF p. 87 |
| Company changes in equity / 2024 | ||||||
| Balance at 30 June 2024Singapore dollars thousands | 30,759 | 20,705 | 13,118 | 33,823 | 64,582 | PDF p. 87 |
Definitions & sources
Original report: PDF p. 87 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group consolidated statement of cash flows
32 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / year ended 30 June 2024 | Source |
|---|---|---|
| Operating activities | ||
| Profit before income taxSingapore dollars thousands | 3,384 | PDF p. 88 |
| Adjustments for: | ||
| Depreciation of property, plant and equipmentSingapore dollars thousands | 1,170 | PDF p. 88 |
| Depreciation of right-of-use assetSingapore dollars thousands | 248 | PDF p. 88 |
| Impairment loss on associateSingapore dollars thousands | 171 | PDF p. 88 |
| Gain on disposal of property, plant and equipmentSingapore dollars thousands | (145) | PDF p. 88 |
| Amortisation of deferred grantSingapore dollars thousands | – | PDF p. 88 |
| Allowance for inventories obsolescenceSingapore dollars thousands | 115 | PDF p. 88 |
| Interest expenseSingapore dollars thousands | 18 | PDF p. 88 |
| Interest incomeSingapore dollars thousands | (1,198) | PDF p. 88 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | 3,763 | PDF p. 88 |
| Trade receivablesSingapore dollars thousands | 3,772 | PDF p. 88 |
| Other receivables and prepaymentsSingapore dollars thousands | 212 | PDF p. 88 |
| InventoriesSingapore dollars thousands | 1,358 | PDF p. 88 |
| Trade payablesSingapore dollars thousands | (1,509) | PDF p. 88 |
| Other payablesSingapore dollars thousands | (61) | PDF p. 88 |
| Cash generated from operationsSingapore dollars thousands | 7,535 | PDF p. 88 |
| Income tax paidSingapore dollars thousands | (568) | PDF p. 88 |
| Interest paidSingapore dollars thousands | (18) | PDF p. 88 |
| Interest receivedSingapore dollars thousands | 1,291 | PDF p. 88 |
| Net cash from operating activitiesSingapore dollars thousands | 8,240 | PDF p. 88 |
| Investing activities | ||
| Additions to property, plant and equipment (Note A)Singapore dollars thousands | (243) | PDF p. 88 |
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | – | PDF p. 88 |
| Purchase of held-to-maturity financial assetsSingapore dollars thousands | (500) | PDF p. 88 |
| Placement of fixed depositsSingapore dollars thousands | (4,030) | PDF p. 88 |
| Net cash used in investing activitiesSingapore dollars thousands | (4,773) | PDF p. 88 |
| Financing activities | ||
| Dividends paidSingapore dollars thousands | (2,993) | PDF p. 88 |
| Repayment of lease liabilitiesSingapore dollars thousands | (272) | PDF p. 88 |
| Net cash used in financing activitiesSingapore dollars thousands | (3,265) | PDF p. 88 |
| Net increase in cash and cash equivalentsSingapore dollars thousands | 202 | PDF p. 88 |
| Cash and cash equivalents at beginning of the yearSingapore dollars thousands | 7,846 | PDF p. 88 |
| Effects of exchange rate changes on the balance of cash heldSingapore dollars thousands | – | PDF p. 88 |
| Cash and cash equivalents at end of the year (Note 8)Singapore dollars thousands | 8,048 | PDF p. 88 |
Definitions & sources
Original report: PDF p. 88 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group statement of financial position
27 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / as at 30 June 2023 | Source |
|---|---|---|
| Current assets | ||
| Cash and bank balancesSingapore dollars thousands | 6,346 | PDF p. 87 |
| Fixed depositsSingapore dollars thousands | 26,400 | PDF p. 87 |
| Trade receivablesSingapore dollars thousands | 7,443 | PDF p. 87 |
| Other receivables and prepaymentsSingapore dollars thousands | 1,126 | PDF p. 87 |
| InventoriesSingapore dollars thousands | 5,153 | PDF p. 87 |
| Other financial assets at amortised costSingapore dollars thousands | – | PDF p. 87 |
| Total current assetsSingapore dollars thousands | 46,468 | PDF p. 87 |
| Non-current assets | ||
| Other financial assets at amortised costSingapore dollars thousands | – | PDF p. 87 |
| SubsidiariesSingapore dollars thousands | – | PDF p. 87 |
| AssociateSingapore dollars thousands | 171 | PDF p. 87 |
| Property, plant and equipmentSingapore dollars thousands | 11,966 | PDF p. 87 |
| Right-of-use assetSingapore dollars thousands | 786 | PDF p. 87 |
| Total non-current assetsSingapore dollars thousands | 12,923 | PDF p. 87 |
| Total assetsSingapore dollars thousands | 59,391 | PDF p. 87 |
| Current liabilities | ||
| Trade payablesSingapore dollars thousands | 3,296 | PDF p. 87 |
| Other payablesSingapore dollars thousands | 1,779 | PDF p. 87 |
| Lease liabilitiesSingapore dollars thousands | 254 | PDF p. 87 |
| Income tax payableSingapore dollars thousands | 499 | PDF p. 87 |
| Total current liabilitiesSingapore dollars thousands | 5,828 | PDF p. 87 |
| Non-current liabilities | ||
| Other payablesSingapore dollars thousands | – | PDF p. 87 |
| Lease liabilitiesSingapore dollars thousands | 567 | PDF p. 87 |
| Deferred tax liabilitiesSingapore dollars thousands | 1,296 | PDF p. 87 |
| Total non-current liabilitiesSingapore dollars thousands | 1,863 | PDF p. 87 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 30,759 | PDF p. 87 |
| ReservesSingapore dollars thousands | 20,941 | PDF p. 87 |
| Total equitySingapore dollars thousands | 51,700 | PDF p. 87 |
| Total liabilities and equitySingapore dollars thousands | 59,391 | PDF p. 87 |
Definitions & sources
Original report: PDF p. 87 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Company statement of financial position
27 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Company / as at 30 June 2023 | Source |
|---|---|---|
| Current assets | ||
| Cash and bank balancesSingapore dollars thousands | 126 | PDF p. 87 |
| Fixed depositsSingapore dollars thousands | 17,300 | PDF p. 87 |
| Trade receivablesSingapore dollars thousands | – | PDF p. 87 |
| Other receivables and prepaymentsSingapore dollars thousands | 407 | PDF p. 87 |
| InventoriesSingapore dollars thousands | – | PDF p. 87 |
| Other financial assets at amortised costSingapore dollars thousands | – | PDF p. 87 |
| Total current assetsSingapore dollars thousands | 17,833 | PDF p. 87 |
| Non-current assets | ||
| Other financial assets at amortised costSingapore dollars thousands | – | PDF p. 87 |
| SubsidiariesSingapore dollars thousands | 51,464 | PDF p. 87 |
| AssociateSingapore dollars thousands | – | PDF p. 87 |
| Property, plant and equipmentSingapore dollars thousands | – | PDF p. 87 |
| Right-of-use assetSingapore dollars thousands | – | PDF p. 87 |
| Total non-current assetsSingapore dollars thousands | 51,464 | PDF p. 87 |
| Total assetsSingapore dollars thousands | 69,297 | PDF p. 87 |
| Current liabilities | ||
| Trade payablesSingapore dollars thousands | 91 | PDF p. 87 |
| Other payablesSingapore dollars thousands | 1,906 | PDF p. 87 |
| Lease liabilitiesSingapore dollars thousands | – | PDF p. 87 |
| Income tax payableSingapore dollars thousands | 4 | PDF p. 87 |
| Total current liabilitiesSingapore dollars thousands | 2,001 | PDF p. 87 |
| Non-current liabilities | ||
| Other payablesSingapore dollars thousands | – | PDF p. 87 |
| Lease liabilitiesSingapore dollars thousands | – | PDF p. 87 |
| Deferred tax liabilitiesSingapore dollars thousands | – | PDF p. 87 |
| Total non-current liabilitiesSingapore dollars thousands | – | PDF p. 87 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 30,759 | PDF p. 87 |
| ReservesSingapore dollars thousands | 36,537 | PDF p. 87 |
| Total equitySingapore dollars thousands | 67,296 | PDF p. 87 |
| Total liabilities and equitySingapore dollars thousands | 69,297 | PDF p. 87 |
Definitions & sources
Original report: PDF p. 87 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group consolidated statement of profit or loss and comprehensive income
16 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / year ended 30 June 2023 | Source |
|---|---|---|
| Group profit or loss and comprehensive income | ||
| RevenueSingapore dollars thousands | 34,896 | PDF p. 88 |
| Cost of salesSingapore dollars thousands | (26,896) | PDF p. 88 |
| Gross profitSingapore dollars thousands | 8,000 | PDF p. 88 |
| Other operating incomeSingapore dollars thousands | 1,347 | PDF p. 88 |
| Distribution costsSingapore dollars thousands | (151) | PDF p. 88 |
| Administrative expensesSingapore dollars thousands | (5,077) | PDF p. 88 |
| Share of loss of associateSingapore dollars thousands | (29) | PDF p. 88 |
| Finance costsSingapore dollars thousands | (20) | PDF p. 88 |
| Profit before income taxSingapore dollars thousands | 4,070 | PDF p. 88 |
| Income tax expenseSingapore dollars thousands | (811) | PDF p. 88 |
| Profit for the yearSingapore dollars thousands | 3,259 | PDF p. 88 |
| Item that may be reclassified subsequently to profit or loss | ||
| Exchange differences on translation of foreign operationSingapore dollars thousands | (3) | PDF p. 88 |
| Other comprehensive loss for the year, net of taxSingapore dollars thousands | (3) | PDF p. 88 |
| Total comprehensive income for the yearSingapore dollars thousands | 3,256 | PDF p. 88 |
| Earnings per share | ||
| Basic (cents)Singapore cents per share | 1.90 | PDF p. 88 |
| Diluted (cents)Singapore cents per share | 1.90 | PDF p. 88 |
Definitions & sources
Original report: PDF p. 88 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group changes in equity / 2023
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / Share capital | 2023Group / Currency translation reserve | 2023Group / Retained earnings | 2023Group / Total reserves | 2023Group / Total equity | Source |
|---|---|---|---|---|---|---|
| Group changes in equity / 2023 | ||||||
| Balance at 1 July 2022Singapore dollars thousands | 30,759 | – | 20,678 | 20,678 | 51,437 | PDF p. 89 |
| Profit for the yearSingapore dollars thousands | – | – | 3,259 | 3,259 | 3,259 | PDF p. 89 |
| Other comprehensive loss for the yearSingapore dollars thousands | – | (3) | – | (3) | (3) | PDF p. 89 |
| TotalSingapore dollars thousands | – | (3) | 3,259 | 3,256 | 3,256 | PDF p. 89 |
| Transactions with owners recognised directly in equity | ||||||
| Dividends (Note 29)Singapore dollars thousands | – | – | (2,993) | (2,993) | (2,993) | PDF p. 89 |
| Group changes in equity / 2023 | ||||||
| Balance at 30 June 2023Singapore dollars thousands | 30,759 | (3) | 20,944 | 20,941 | 51,700 | PDF p. 89 |
Definitions & sources
Original report: PDF p. 89 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Company changes in equity / 2023
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Company / Share capital | 2023Company / Capital reserve | 2023Company / Retained earnings | 2023Company / Total reserves | 2023Company / Total equity | Source |
|---|---|---|---|---|---|---|
| Company changes in equity / 2023 | ||||||
| Balance at 1 July 2022Singapore dollars thousands | 30,759 | 20,705 | 18,591 | 39,296 | 70,055 | PDF p. 90 |
| Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands | – | – | 234 | 234 | 234 | PDF p. 90 |
| Transactions with owners recognised directly in equity | ||||||
| Dividends (Note 29)Singapore dollars thousands | – | – | (2,993) | (2,993) | (2,993) | PDF p. 90 |
| Company changes in equity / 2023 | ||||||
| Balance at 30 June 2023Singapore dollars thousands | 30,759 | 20,705 | 15,832 | 36,537 | 67,296 | PDF p. 90 |
Definitions & sources
Original report: PDF p. 90 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group consolidated statement of cash flows
32 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / year ended 30 June 2023 | Source |
|---|---|---|
| Operating activities | ||
| Profit before income taxSingapore dollars thousands | 4,070 | PDF p. 91 |
| Adjustments for: | ||
| Share of loss of associateSingapore dollars thousands | 29 | PDF p. 91 |
| Depreciation of property, plant and equipmentSingapore dollars thousands | 1,085 | PDF p. 91 |
| Depreciation of right-of-use assetSingapore dollars thousands | 247 | PDF p. 91 |
| Impairment loss on associateSingapore dollars thousands | – | PDF p. 91 |
| Gain on disposal of property, plant and equipmentSingapore dollars thousands | (3) | PDF p. 91 |
| Allowance for inventories obsolescenceSingapore dollars thousands | 224 | PDF p. 91 |
| Interest expenseSingapore dollars thousands | 20 | PDF p. 91 |
| Interest incomeSingapore dollars thousands | (775) | PDF p. 91 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | 4,897 | PDF p. 91 |
| Trade receivablesSingapore dollars thousands | 606 | PDF p. 91 |
| Other receivables and prepaymentsSingapore dollars thousands | 117 | PDF p. 91 |
| InventoriesSingapore dollars thousands | (1,598) | PDF p. 91 |
| Trade payablesSingapore dollars thousands | 386 | PDF p. 91 |
| Other payablesSingapore dollars thousands | 151 | PDF p. 91 |
| Cash generated from operationsSingapore dollars thousands | 4,559 | PDF p. 91 |
| Income tax paidSingapore dollars thousands | (755) | PDF p. 91 |
| Interest paidSingapore dollars thousands | (20) | PDF p. 91 |
| Interest receivedSingapore dollars thousands | 261 | PDF p. 91 |
| Net cash from operating activitiesSingapore dollars thousands | 4,045 | PDF p. 91 |
| Investing activities | ||
| Additions to property, plant and equipment (Note A)Singapore dollars thousands | (1,177) | PDF p. 91 |
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | 3 | PDF p. 91 |
| Purchase of held-to-maturity financial assetsSingapore dollars thousands | – | PDF p. 91 |
| Placement of fixed depositsSingapore dollars thousands | (8,900) | PDF p. 91 |
| Net cash used in investing activitiesSingapore dollars thousands | (10,074) | PDF p. 91 |
| Financing activities | ||
| Dividends paidSingapore dollars thousands | (2,993) | PDF p. 91 |
| Repayment of lease liabilitiesSingapore dollars thousands | (247) | PDF p. 91 |
| Net cash used in financing activitiesSingapore dollars thousands | (3,240) | PDF p. 91 |
| Net increase (decrease) in cash and cash equivalentsSingapore dollars thousands | (9,269) | PDF p. 91 |
| Cash and cash equivalents at beginning of the yearSingapore dollars thousands | 17,118 | PDF p. 91 |
| Effects of exchange rate changes on the balance of cash heldSingapore dollars thousands | (3) | PDF p. 91 |
| Cash and cash equivalents at end of the year (Note 8)Singapore dollars thousands | 7,846 | PDF p. 91 |
Definitions & sources
Original report: PDF p. 91 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group statement of financial position
27 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / as at 30 June 2022 | Source |
|---|---|---|
| Current assets | ||
| Cash and bank balancesSingapore dollars thousands | 4,618 | PDF p. 82 |
| Fixed depositsSingapore dollars thousands | 28,500 | PDF p. 82 |
| Trade receivablesSingapore dollars thousands | 8,049 | PDF p. 82 |
| Other receivables and prepaymentsSingapore dollars thousands | 729 | PDF p. 82 |
| InventoriesSingapore dollars thousands | 3,779 | PDF p. 82 |
| Other financial asset at amortised costSingapore dollars thousands | – | PDF p. 82 |
| Total current assetsSingapore dollars thousands | 45,675 | PDF p. 82 |
| Non-current assets | ||
| Other receivables and prepaymentsSingapore dollars thousands | 1,042 | PDF p. 82 |
| SubsidiariesSingapore dollars thousands | – | PDF p. 82 |
| AssociateSingapore dollars thousands | 200 | PDF p. 82 |
| Property, plant and equipmentSingapore dollars thousands | 10,832 | PDF p. 82 |
| Right-of-use assetSingapore dollars thousands | 1,003 | PDF p. 82 |
| Total non-current assetsSingapore dollars thousands | 13,077 | PDF p. 82 |
| Total assetsSingapore dollars thousands | 58,752 | PDF p. 82 |
| Current liabilities | ||
| Trade payablesSingapore dollars thousands | 2,910 | PDF p. 82 |
| Other payablesSingapore dollars thousands | 1,628 | PDF p. 82 |
| Lease liabilitiesSingapore dollars thousands | 241 | PDF p. 82 |
| Income tax payableSingapore dollars thousands | 636 | PDF p. 82 |
| Total current liabilitiesSingapore dollars thousands | 5,415 | PDF p. 82 |
| Non-current liabilities | ||
| Lease liabilitiesSingapore dollars thousands | 797 | PDF p. 82 |
| Deferred tax liabilitiesSingapore dollars thousands | 1,103 | PDF p. 82 |
| Total non-current liabilitiesSingapore dollars thousands | 1,900 | PDF p. 82 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 30,759 | PDF p. 82 |
| Treasury sharesSingapore dollars thousands | – | PDF p. 82 |
| ReservesSingapore dollars thousands | 20,678 | PDF p. 82 |
| Total equitySingapore dollars thousands | 51,437 | PDF p. 82 |
| Total liabilities and equitySingapore dollars thousands | 58,752 | PDF p. 82 |
Definitions & sources
Original report: PDF p. 82 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Company statement of financial position
27 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Company / as at 30 June 2022 | Source |
|---|---|---|
| Current assets | ||
| Cash and bank balancesSingapore dollars thousands | 203 | PDF p. 82 |
| Fixed depositsSingapore dollars thousands | 18,500 | PDF p. 82 |
| Trade receivablesSingapore dollars thousands | 12 | PDF p. 82 |
| Other receivables and prepaymentsSingapore dollars thousands | 16 | PDF p. 82 |
| InventoriesSingapore dollars thousands | – | PDF p. 82 |
| Other financial asset at amortised costSingapore dollars thousands | – | PDF p. 82 |
| Total current assetsSingapore dollars thousands | 18,731 | PDF p. 82 |
| Non-current assets | ||
| Other receivables and prepaymentsSingapore dollars thousands | – | PDF p. 82 |
| SubsidiariesSingapore dollars thousands | 51,464 | PDF p. 82 |
| AssociateSingapore dollars thousands | – | PDF p. 82 |
| Property, plant and equipmentSingapore dollars thousands | – | PDF p. 82 |
| Right-of-use assetSingapore dollars thousands | – | PDF p. 82 |
| Total non-current assetsSingapore dollars thousands | 51,464 | PDF p. 82 |
| Total assetsSingapore dollars thousands | 70,195 | PDF p. 82 |
| Current liabilities | ||
| Trade payablesSingapore dollars thousands | – | PDF p. 82 |
| Other payablesSingapore dollars thousands | 139 | PDF p. 82 |
| Lease liabilitiesSingapore dollars thousands | – | PDF p. 82 |
| Income tax payableSingapore dollars thousands | 1 | PDF p. 82 |
| Total current liabilitiesSingapore dollars thousands | 140 | PDF p. 82 |
| Non-current liabilities | ||
| Lease liabilitiesSingapore dollars thousands | – | PDF p. 82 |
| Deferred tax liabilitiesSingapore dollars thousands | – | PDF p. 82 |
| Total non-current liabilitiesSingapore dollars thousands | – | PDF p. 82 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 30,759 | PDF p. 82 |
| Treasury sharesSingapore dollars thousands | – | PDF p. 82 |
| ReservesSingapore dollars thousands | 39,296 | PDF p. 82 |
| Total equitySingapore dollars thousands | 70,055 | PDF p. 82 |
| Total liabilities and equitySingapore dollars thousands | 70,195 | PDF p. 82 |
Definitions & sources
Original report: PDF p. 82 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group consolidated statement of profit or loss and comprehensive income
16 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / year ended 30 June 2022 | Source |
|---|---|---|
| Group profit or loss and comprehensive income | ||
| RevenueSingapore dollars thousands | 30,849 | PDF p. 83 |
| Cost of salesSingapore dollars thousands | (23,064) | PDF p. 83 |
| Gross profitSingapore dollars thousands | 7,785 | PDF p. 83 |
| Other operating incomeSingapore dollars thousands | 818 | PDF p. 83 |
| Distribution costsSingapore dollars thousands | (106) | PDF p. 83 |
| Administrative expensesSingapore dollars thousands | (4,769) | PDF p. 83 |
| Share of loss of associateSingapore dollars thousands | (42) | PDF p. 83 |
| Finance costsSingapore dollars thousands | (25) | PDF p. 83 |
| Profit before income taxSingapore dollars thousands | 3,661 | PDF p. 83 |
| Income tax expenseSingapore dollars thousands | (520) | PDF p. 83 |
| Profit for the yearSingapore dollars thousands | 3,141 | PDF p. 83 |
| Item that may be reclassified subsequently to profit or loss | ||
| Exchange differences on translation of foreign operationSingapore dollars thousands | – | PDF p. 83 |
| Other comprehensive loss for the year, net of taxSingapore dollars thousands | – | PDF p. 83 |
| Total comprehensive income for the yearSingapore dollars thousands | 3,141 | PDF p. 83 |
| Earnings per share | ||
| Basic (cents)Singapore cents per share | 1.84 | PDF p. 83 |
| Diluted (cents)Singapore cents per share | 1.84 | PDF p. 83 |
Definitions & sources
Original report: PDF p. 83 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group changes in equity / 2022
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / Share capital | 2022Group / Treasury shares | 2022Group / Currency translation reserve | 2022Group / Retained earnings | 2022Group / Total reserves | 2022Group / Total equity | Source |
|---|---|---|---|---|---|---|---|
| Group changes in equity / 2022 | |||||||
| Balance at 1 July 2021Singapore dollars thousands | 31,732 | (973) | – | 20,530 | 20,530 | 51,289 | PDF p. 84 |
| Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands | – | – | – | 3,141 | 3,141 | 3,141 | PDF p. 84 |
| Transactions with owners recognised directly in equity | |||||||
| Dividends (Note 29)Singapore dollars thousands | – | – | – | (2,993) | (2,993) | (2,993) | PDF p. 84 |
| Group changes in equity / 2022 | |||||||
| Cancellation of treasury shares (Note 21)Singapore dollars thousands | (973) | 973 | – | – | – | – | PDF p. 84 |
| Subtotal (unlabelled in original)Singapore dollars thousands | (973) | 973 | – | (2,993) | (2,993) | (2,993) | PDF p. 84 |
| Balance at 30 June 2022Singapore dollars thousands | 30,759 | – | – | 20,678 | 20,678 | 51,437 | PDF p. 84 |
Definitions & sources
Original report: PDF p. 84 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Company changes in equity / 2022
7 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Company / Share capital | 2022Company / Capital reserve | 2022Company / Retained earnings | 2022Company / Total reserves | 2022Company / Total equity | Source |
|---|---|---|---|---|---|---|
| Company changes in equity / 2022 | ||||||
| Balance at 1 July 2021Singapore dollars thousands | * | – | – | – | * | PDF p. 85 |
| Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands | – | – | 19,874 | 19,874 | 19,874 | PDF p. 85 |
| Shares allotted and issued (Note 21)Singapore dollars thousands | 30,759 | – | – | – | 30,759 | PDF p. 85 |
| Dividends (Note 29)Singapore dollars thousands | – | – | (1,283) | (1,283) | (1,283) | PDF p. 85 |
| Effect of corporate restructuring (Note 22)Singapore dollars thousands | – | 20,705 | – | 20,705 | 20,705 | PDF p. 85 |
| Subtotal (unlabelled in original)Singapore dollars thousands | 30,759 | 20,705 | (1,283) | 19,422 | 50,181 | PDF p. 85 |
| Balance at 30 June 2022Singapore dollars thousands | 30,759 | 20,705 | 18,591 | 39,296 | 70,055 | PDF p. 85 |
Definitions & sources
Original report: PDF p. 85 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Group consolidated statement of cash flows
32 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / year ended 30 June 2022 | Source |
|---|---|---|
| Operating activities | ||
| Profit before income taxSingapore dollars thousands | 3,661 | PDF p. 86 |
| Adjustments for: | ||
| Share of loss of associateSingapore dollars thousands | 42 | PDF p. 86 |
| Depreciation of property, plant and equipmentSingapore dollars thousands | 985 | PDF p. 86 |
| Depreciation of right-of-use assetSingapore dollars thousands | 241 | PDF p. 86 |
| Impairment loss on associateSingapore dollars thousands | 168 | PDF p. 86 |
| Gain on disposal of property, plant and equipmentSingapore dollars thousands | (16) | PDF p. 86 |
| Allowance for inventories obsolescenceSingapore dollars thousands | 53 | PDF p. 86 |
| Interest expenseSingapore dollars thousands | 25 | PDF p. 86 |
| Interest incomeSingapore dollars thousands | (95) | PDF p. 86 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | 5,064 | PDF p. 86 |
| Trade receivablesSingapore dollars thousands | (159) | PDF p. 86 |
| Other receivables and prepaymentsSingapore dollars thousands | (580) | PDF p. 86 |
| InventoriesSingapore dollars thousands | (879) | PDF p. 86 |
| Trade payablesSingapore dollars thousands | (814) | PDF p. 86 |
| Other payablesSingapore dollars thousands | 132 | PDF p. 86 |
| Cash generated from operationsSingapore dollars thousands | 2,764 | PDF p. 86 |
| Income tax paidSingapore dollars thousands | (539) | PDF p. 86 |
| Interest paidSingapore dollars thousands | (25) | PDF p. 86 |
| Interest receivedSingapore dollars thousands | 95 | PDF p. 86 |
| Net cash from operating activitiesSingapore dollars thousands | 2,295 | PDF p. 86 |
| Investing activities | ||
| Additions to property, plant and equipment (Note A)Singapore dollars thousands | (736) | PDF p. 86 |
| Advances paid for the purchase of property, plant and equipmentSingapore dollars thousands | (1,042) | PDF p. 86 |
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | 16 | PDF p. 86 |
| (Placement of) Withdrawals from fixed depositsSingapore dollars thousands | 4,000 | PDF p. 86 |
| Net cash (used in) from investing activitiesSingapore dollars thousands | 2,238 | PDF p. 86 |
| Financing activities | ||
| Dividends paidSingapore dollars thousands | (2,993) | PDF p. 86 |
| Repayment of lease liabilitiesSingapore dollars thousands | (237) | PDF p. 86 |
| Net cash used in financing activitiesSingapore dollars thousands | (3,230) | PDF p. 86 |
| Net (decrease) increase in cash and cash equivalentsSingapore dollars thousands | 1,303 | PDF p. 86 |
| Cash and cash equivalents at beginning of the yearSingapore dollars thousands | 15,815 | PDF p. 86 |
| Effects of exchange rate changes on the balance of cash heldSingapore dollars thousands | – | PDF p. 86 |
| Cash and cash equivalents at end of the year (Note 8)Singapore dollars thousands | 17,118 | PDF p. 86 |
Definitions & sources
Original report: PDF p. 86 ↗
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
Where the money comes from
Segment information
By business
Segment revenue and results by reportable segment 3 lines
| Item / unit | 2026Manufacturing and PCBA Services | 2025Manufacturing and PCBA Services | 2026Engineering Services | 2025Engineering Services | 2026Eliminations | 2025Eliminations | 2026Total | 2025Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| External revenue$'000 | 13,583 | 13,834 | 4,714 | 7,758 | – | – | 18,297 | 21,592 | PDF p. 124 |
| Total revenue$'000 | 15,084 | 15,302 | 5,193 | 8,375 | (1,980) | (2,085) | 18,297 | 21,592 | PDF p. 124 |
| Results | |||||||||
| Segment results$'000 | (24) | 701 | (2,851) | (1,099) | – | – | (2,875) | (398) | PDF p. 124 |
Notes
Segment profit is without allocation of central administration costs, rental income, interest revenue and interest expense, and income tax expense. Inter-segment revenue row also printed: 1,501 1,468 479 617 (1,980) (2,085) – –. Reconciling items (Total column 2026, 2025): Interest expense (11) (16); Interest income 310 1,040; Rental income 657 515; Unallocated income 185 16; Unallocated expense (67) (243); (Loss) Profit before income tax (1,801) 914; Income tax credit (expense) 362 (251); (Loss) Profit for the year (1,439) 663.
Segment assets, liabilities and other information 4 lines
| Item / unit | 2026Manufacturing and PCBA Services | 2025Manufacturing and PCBA Services | 2026Engineering Services | 2025Engineering Services | 2026Total | 2025Total | Source |
|---|---|---|---|---|---|---|---|
| Segment assets | |||||||
| Segment assets$'000 | 11,819 | 12,263 | 4,238 | 7,069 | 16,057 | 19,332 | PDF p. 125 |
| Segment liabilities | |||||||
| Segment liabilities$'000 | 2,619 | 3,455 | 885 | 1,889 | 3,504 | 5,344 | PDF p. 125 |
| Other information | |||||||
| Additions to non-current assets$'000 | 518 | 78 | 43 | 22 | 561 | 100 | PDF p. 125 |
| Depreciation | |||||||
| Allocated$'000 | 955 | 838 | 335 | 472 | 1,290 | 1,310 | PDF p. 125 |
Notes
Unallocated corporate assets/liabilities appear only in the Total columns. All assets are allocated to segments other than financial assets of cash, fixed deposits, other receivables and investments.
By geography
Geographical segments - Revenue from external customers 7 lines
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Revenue from external customers | |||
| Singapore$'000 | 1,768 | 3,086 | PDF p. 125 |
| USA$'000 | 7,618 | 8,857 | PDF p. 125 |
| China$'000 | 3,221 | 4,266 | PDF p. 125 |
| Malaysia$'000 | 2,791 | 1,961 | PDF p. 125 |
| Philippines$'000 | 1,272 | 1,849 | PDF p. 125 |
| Taiwan$'000 | 1,099 | 192 | PDF p. 125 |
| Others(1)$'000 | 528 | 1,381 | PDF p. 125 |
Notes
(1) Includes Thailand, Belgium, Ireland, Switzerland, Germany and Vietnam.
Total printed: 18,297 (2026), 21,592 (2025). Revenue is based on location of customers. Segment assets (non-current assets excluding financial assets) with carrying amount of $10,066,000 (2025: $10,785,000) are based on the geographical location of the assets and capital expenditure which is in Singapore (country of domicile).
Major customers: 2026 revenue of $7,451,000 from three major customers (Manufacturing and PCBA Services) and $2,191,000 from a major customer (Engineering Services), approx. 53% of Group revenue; 2025 $4,981,000 from two Engineering Services customers and $4,850,000 from two Manufacturing and PCBA customers, approx. 46%.
Debt
Borrowings
Lease liabilities - maturity analysis and current/non-current split
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Maturity analysis | |||
| Year 1$'000 | 105 | 341 | PDF p. 118 |
| Year 2$'000 | 59 | 103 | PDF p. 118 |
| Year 3$'000 | 33 | 56 | PDF p. 118 |
| Year 4$'000 | – | 33 | PDF p. 118 |
| Less: Unearned interest$'000 | (18) | (29) | PDF p. 118 |
| Analysed as | |||
| Current$'000 | 98 | 330 | PDF p. 118 |
| Non-current$'000 | 81 | 174 | PDF p. 118 |
Notes
Total undiscounted 197 (2026) and 533 (2025); total lease liabilities 179 (2026) and 504 (2025), printed as unlabelled subtotals.
The lease liabilities include current and non-current amounts of $49,000 and $81,000 (2025: $49,000 and $131,000) respectively under hire purchase arrangement (Note 15).
The Group does not face a significant liquidity risk with regard to their lease liabilities.
Borrowing notes 1 tables
Statement of financial position - lease liabilities
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Current liabilities | |||
| Lease liabilities$'000 | 98 | 330 | PDF p. 90 |
| Non-current liabilities | |||
| Lease liabilities$'000 | 81 | 174 | PDF p. 90 |
Notes
Company columns show – for both years. No bank borrowings line is presented.
Payout
Dividends & distributions
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| – Final one-tier tax exempt dividend of 0.25 cent per share | 0.25 cents per share | Final dividend in respect of FY ended 30 June 2025 (comparative year), paid in FY2026; Group and Company | PDF p. 122 |
| – Final one-tier tax exempt dividend of 0.75 cent per share | 0.75 cents per share | Final dividend in respect of FY ended 30 June 2024, paid in FY2025; Group and Company | PDF p. 122 |
| Dividends on ordinary shares in respect of the financial year ended 30 June 2025: | 428 $'000 | Group and Company, 2026 (2025: 1,283) | PDF p. 122 |
Extracted from Annual Report 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Auditor | Deloitte & Touche LLP | Group | PDF p. 89 |
| Engagement partner | Tan Puay Boon | Group | PDF p. 89 |
| Opinion | properly drawn up in accordance with the provisions of the Companies Act 1967 (the “Act”) and Singapore Financial Reporting Standards (International) (“SFRS(I)s”) so as to give a true and fair view | Group and Company, year ended 30 June 2026 | PDF p. 86 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Allowance for slow-moving and obsolete inventories | Management’s assessment of allowance for slow-moving and obsolete inventories involves significant estimation with consideration in relation to possible future use of the aged inventory items as well as the demand for on-going production and the ability to sell the products at prices above costs. | Group | PDF p. 86 |
Extracted from Annual Report 2026 and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow Annual Report 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
Five full financial years ended 30 June 2022–2026. Statements use Singapore dollars thousands; EPS Singapore cents and weighted-share denominators thousand ordinary shares. Group and Company financial position and equity remain separate. No standalone Company income or cash-flow statement is disclosed.
Deloitte & Touche LLP gives a true-and-fair opinion, signed by Tan Puay Boon on 30 September 2026. Slow-moving and obsolete inventory allowance is a Key Audit Matter: inventories 2,002 and allowance 676 SGD thousands. The original opinion is unmodified.
Cash-flow closing cash 37,111 equals bank/cash 4,251 plus eligible fixed deposits 32,860 SGD thousands. FY2025 closing 8,281 equals bank/cash 4,031 plus eligible fixed deposits 4,250; another 29,170 of deposits had maturities over three months and were excluded. Current net increase 28,820 plus opening 8,281 plus FX 10 equals 37,111. The 29,170 investing withdrawal and change in deposit maturities must not be interpreted as operating cash growth or an overdraft.
Lease maturities 197 less unearned interest 18 equal liability 179, split current 98 and noncurrent 81 SGD thousands. The hire-purchase subset is current 49 plus noncurrent 81; current 49 is not the complete current lease liability. Rollforward 504 minus financing cash 334 plus lease-payment revision 9 equals 179.
EPS loss 0.84 Singapore cent uses loss 1,439 divided by 171,046 thousand weighted shares; FY2025 EPS 0.39 uses profit 663 and the same denominator. Whole register base 171,046,041 shares and rounded thousand weighted shares have different precision and purposes.
The Board decided not to recommend a final dividend for FY2026. FY2026 cash dividends 428 SGD thousands relate to the FY2025 final 0.25 Singapore cent per share; prior cash dividends 1,283 relate to FY2024 final 0.75 cent. Do not invent a proposed FY2026 dividend.
FY2025 original Note31 said major-customer revenue concentration 36%; official 29 October 2025 corrigendum corrects it to 46% (4,981 plus 4,850 over 21,592 SGD thousands), leaving all other report information unchanged. FY2026 comparative repeats corrected 46%; current concentration is approximately 53%. This is a narrative percentage correction, not a primary-statement restatement.
All 24 consecutive original statement comparisons agree in their nonzero amounts. FY2022 original combines profit and total comprehensive income 3,141; FY2023 comparative separately prints profit 3,141, nil exchange/OCI and comprehensive income 3,141. This repeated total is a presentation difference, not additional profit.
Two original Company FY2022 opening cells print a dash with footnote (1), Less than one thousand. These are retained as * with the original source footnote and original printed cell, not converted to exact zero or treated as missing. Corporate-restructuring capital reserve 20,705 and Company profit 19,874 have their own Company scope, separate from Group results.
Annual-report leadership has eight directors including Sun Jieqiong and Huang Huipeng appointed 21 September 2026 after year-end. Parent CEO is explicitly vacant after Lim Eng Hong resigned 6 May 2026; Tan Xiangyang and Lai Huamao share the responsibilities with senior management. Lim Eng Hong remains CEO of subsidiary Avi-Tech Electronics Pte. Ltd., not parent CEO.
The future 28 October 2026 AGM proposes retirement of Chan Yu Meng, Tan Ka Huat and Ding Xinyan and a change of name to DX-Tech Holdings Limited. As of 16 October 2026 these are future proposals: the current annual roster and legal name Avi-Tech Holdings Limited remain. Name reservation is not an effective registered change.
Register as at 9 September 2026 has 171,046,041 whole ordinary shares and 1,362 holders. Top20 registered accounts total 116,870,805 shares, printed 68.34%; public float 63.12% is a distinct scope. Four major-holder rows contain eight genuinely blank direct/deemed cells, retained as not printed, not zero. Global Wave and Tan each have the same overlapping deemed 51,142,766 block (29.90%); UOB nominal account 51,317,066 is not equated to that block or added twice.
Three subsidiaries retain direct and intermediate holding paths. Movel AI is a 9% equity-method associate because the contractual right to appoint one of three directors establishes significant influence. Its investment cost 500 less accumulated share losses 161 and impairment 339 equals nil carrying value; nil value does not mean the entity is absent.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.