US Market News
2日前
YY Group (NASDAQ: YYGH) Advances AI Training Data Strategy with Launch of Training Lab and Pilot Robotics Deployments in SingaporeJune 3, 2026 4:10 PM
PR Newswire (US) Singapore Humanoid Robot Training Lab Powered by NVIDIA Accelerated Computing TechnologyEstablishes a "Human-Robot Co-Working" framework, positioning the Company to offer AI-enhanced labor solutions across hospitality, retail and other service environmentsSINGAPORE, June 3, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), an AI-native workforce management platform and integrated facility management (IFM) provider operating across Asia and beyond, today announced the next stage of the AI training data strategy it introduced on April 22, 2026: the launch of its Humanoid Robotics Training Lab in Singapore, complemented by pilot deployments of humanoid robots in two of Singapore's leading commercial retail and hospitality facilities. Taken together, these initiatives form YY Group's "Human-Robot Co-Working" framework, the foundation of the Company's long-term plans for the commercialization of physical AI. The Singapore lab will complement the Johor, Malaysia AI training and data collection facility YY Group announced in April. Both facilities will capture structured, real-world human activity data – drawing on the Company's network of over 500,000 workers across hospitality, food and beverage, facility maintenance, security and other service roles – and use that data to train and refine service robots for deployment alongside human workers in live service environments. The Singapore lab, which will operate on NVIDIA accelerated computing technology, will also serve as an exhibition space for client demonstrations.To augment its training data capture and transition these robotic capabilities from the lab to the market, the Company is partnering with a prominent shopping mall and luxury hotel in Singapore to pilot humanoid robot deployments in real-world service settings. They will work side-by-side with human professionals, allowing the Company to gather operational data and physical-interaction telemetry to further refine robots' spatial awareness and task performance while also increasing human teams' efficiency.Mike Fu, Chief Executive Officer of YY Group, commented: "Our Human-Robot Co-Working framework is built on a simple principle: robots handle repetitive and physically demanding tasks while human workers focus on higher-value service. With the Johor facility, Singapore lab and pilot deployments underway, we are not just training robots; we are building a collaborative ecosystem where human expertise and robotic precision benefit one another. We are turning a unique data advantage – a network of more than 500,000 workers across 12 countries – into a new generation of AI-enhanced workforce solutions that can be replicated at scale, tapping into higher-margin revenue opportunities while creating value for human workers and operators alike."The Company's AI training data and automation initiatives advance the Agentic and Robotic Automation module of the four-module AI framework the Company outlined in its May 11, 2026 Strategic Update, positioning YY Group to serve clients with hybrid workforce models that combine human talent and automation to address chronic labor shortages, and to supply structured real-world datasets to technology companies developing robotics and AI systems. Consistent with the disciplined capital approach reaffirmed in the Strategic Update, these initiatives are supported by the Company's existing resources and do not alter its FY2026 revenue guidance of US$103 million to US$110 million or its path to profitability.About YY Group HoldingYY Group Holding Limited (Nasdaq: YYGH) is an AI-native workforce management platform and integrated facility management (IFM) provider, headquartered in Singapore and operating across Asia and beyond. The Company's intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan, and optimize workforce deployment. In YY Group's IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail, and mixed-use facilities.As both business lines scale, the Company is systematically embedding AI and automation capabilities – progressing from intelligent decision support toward increasingly autonomous workforce management – to improve service quality, reduce deployment costs, and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YY Group is committed to infrastructure innovation, measurable client outcomes, and long-term value creation.Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market across Southeast Asia, Hong Kong, and other markets in which the Company operates, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, (vi) our ability to successfully develop, deploy, and commercialize our AI-powered products and capabilities, including through strategic partnerships, and (vii) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Zhi Yong Phua, Chief Financial Officer
YY Group
enquiries@yygroupholding.com View original content to download multimedia:https://www.prnewswire.com/news-releases/yy-group-nasdaq-yygh-advances-ai-training-data-strategy-with-launch-of-training-lab-and-pilot-robotics-deployments-in-singapore-302789658.htmlSOURCE YY Group Holding Limited Original: YY Group (NASDAQ: YYGH) Advances AI Training Data Strategy with Launch of Training Lab and Pilot Robotics Deployments in Singapore
US Market News
3日前
YY Group Holding Accelerates Vertical Workforce AI Strategy with Investment in High-Performance NVIDIA Blackwell Architecture InfrastructureJune 2, 2026 7:37 AM
PR Newswire (US) New local computing infrastructure leverages NVIDIA's advanced Tensor Core technology to power proprietary LLM fine-tuning, accelerated candidate-to-job matching, and secure offline data experimentationSINGAPORE, June 2, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), an AI-native workforce management platform and integrated facility management (IFM) provider operating across Asia and beyond, today announced a strategic investment in local high-performance hardware featuring NVIDIA® GeForce RTX™ 5090 GPUs. Built on the cutting-edge NVIDIA Blackwell architecture, this dedicated computing infrastructure will anchor the Company's internal development, fine-tuning, and accelerated deployment of its proprietary, vertical-specific workforce Artificial Intelligence (AI) models. True workforce AI requires more than generic automation wrapper APIs; it demands domain-specific models trained on high-fidelity operational data and powered by dedicated hardware," said Mike Fu, Chief Executive Officer of YY Group. "By bringing NVIDIA's specialized Tensor Core computing power directly into our internal development pipeline, our engineering teams gain the processing velocity required to fine-tune and test enterprise-grade AI locally. Utilizing the NVIDIA CUDA® ecosystem accelerates our path toward building a more intelligent, scalable, and cost-effective ecosystem for global workforce management."Localized LLM Customization via NVIDIA CUDA: Accelerating internal experimentation on 7B to 14B parameter open-weight models utilizing QLoRA and advanced optimization techniques, fully optimized for NVIDIA's parallel computing platform to capture regional labor nuances.NVIDIA TensorRT™ Acceleration for Matching & Reranking: Continuous training and quantization of custom embedding and reranking layers, leveraging NVIDIA TensorRT to maximize semantic search quality and deliver ultra-low latency, context-aware shortlists for enterprise clients.High-Throughput Local Serving Frameworks: Utilizing state-of-the-art open-source serving engines (such as vLLM) tightly integrated with NVIDIA hardware acceleration to deploy high-throughput, internal API endpoints that integrate seamlessly with YYGH's existing product suites.About YY Group HoldingYY Group Holding Limited (Nasdaq: YYGH) is an AI-native workforce management platform and integrated facility management (IFM) provider, headquartered in Singapore and operating across Asia and beyond. The Company's intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan, and optimize workforce deployment. In YY Group's IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail, and mixed-use facilities.As both business lines scale, the Company is systematically embedding AI and automation capabilities – progressing from intelligent decision support toward increasingly autonomous workforce management – to improve service quality, reduce deployment costs, and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YY Group is committed to infrastructure innovation, measurable client outcomes, and long-term value creation.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market across Southeast Asia, Hong Kong, and other markets in which the Company operates, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, (vi) our ability to successfully develop, deploy, and commercialize our AI-powered products and capabilities, including through strategic partnerships, and (vii) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Zhi Yong Phua, Chief Financial Officer
YY Group
enquiries@yygroupholding.com View original content to download multimedia:https://www.prnewswire.com/news-releases/yy-group-holding-accelerates-vertical-workforce-ai-strategy-with-investment-in-high-performance-nvidia-blackwell-architecture-infrastructure-302787989.htmlSOURCE YY Group Holding Limited Original: YY Group Holding Accelerates Vertical Workforce AI Strategy with Investment in High-Performance NVIDIA Blackwell Architecture Infrastructure
US Market News
1週前
YY Group Holding Announces Estimated Total Assets and Net Assets per Share of $11.13 and $4.03, Respectively, as of April 30, 2026May 27, 2026 4:10 PM
PR Newswire (US) Estimates Reflect $37.6M in Total Assets and $13.6M in Net Assets Based on 3.38M Shares OutstandingSINGAPORE, May 27, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), an AI-native workforce management platform and integrated facilities management (IFM) provider operating across Asia and beyond, today announced that, based on financial data as of April 30, 2026, its total assets of approximately $37.6 million equated to approximately $11.13 per share of common stock, and its net assets of approximately $13.6 million equated to approximately $4.03 per share. These estimates are based on 3,377,580 shares of common stock outstanding as of April 30, 2026. Compared with the Company's audited financial statements for the fiscal year ended December 31, 2025, total assets increased from approximately $34.3 million, while net assets remained stable at approximately $13.6 million. On a per-share basis, total assets increased from $8.03 to $11.13, while net assets increased from $3.18 to $4.03, reflecting the Company's current capital base following its share consolidation.During the period, YY Group advanced its growth strategy through AI and robotics initiatives, including scalable AI training data capabilities and robotics applications across hospitality, security, and facilities management. The Company also expanded its operational presence through new opportunities in hospitality, the financial sector, and transportation across key markets, including Singapore, Hong Kong, Thailand, Egypt, and Malaysia.These estimates are preliminary, have not been reviewed or audited by the Company's independent registered public accounting firm, and are subject to normal closing adjustments and review procedures. The Company is providing this information to offer additional transparency regarding its financial position and capital base following a period of strategic growth. These metrics reflect the Company's focus on maintaining a robust balance sheet while scaling its integrated service ecosystem across global markets."These updated asset metrics provide shareholders with a clearer view of YY Group's financial position following a period of disciplined growth and operational expansion," stated Mike Fu, Chief Executive Officer of YY Group Holding Limited. "As we continue to scale our workforce and integrated facilities management businesses, we believe our AI and robotics initiatives can enhance our operational capabilities, support new commercial opportunities, and contribute to additional revenue streams over time."About YY Group HoldingYY Group Holding Limited (Nasdaq: YYGH) is an AI-native workforce management platform and integrated facilities management (IFM) provider, headquartered in Singapore and operating across Asia and beyond. The Company's intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan, and optimize workforce deployment. In YY Group's IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail, and mixed-use facilities.As both business lines scale, the Company is systematically embedding AI and automation capabilities – progressing from intelligent decision support toward increasingly autonomous workforce management – to improve service quality, reduce deployment costs, and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YY Group is committed to infrastructure innovation, measurable client outcomes, and long-term value creation.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market across Southeast Asia, Hong Kong, and other markets in which the Company operates, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, (vi) our ability to successfully develop, deploy, and commercialize our AI-powered products and capabilities, including through strategic partnerships, and (vii) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor ContactJason Zhi Yong Phua, Chief Financial Officer
YY Group
enquiries@yygroupholding.com View original content to download multimedia:https://www.prnewswire.com/news-releases/yy-group-holding-announces-estimated-total-assets-and-net-assets-per-share-of-11-13-and-4-03--respectively-as-of-april-30--2026--302783274.htmlSOURCE YY Group Holding Limited Original: YY Group Holding Announces Estimated Total Assets and Net Assets per Share of $11.13 and $4.03, Respectively, as of April 30, 2026
US Market News
1週前
YY Group (NASDAQ: YYGH) Announces Strategic Partnership with Velobotics to Advance Autonomous Facility Management Capabilities in Southeast AsiaMay 26, 2026 7:37 AM
PR Newswire (US) 24-month partnership positions YY Group as a regional deployment partner for Velobotics' VIGGO autonomous fleets in Singapore and Malaysia.Initiative supports the Company's strategic focus on integrating AI and L4 autonomous driving technology into high-traffic commercial environments.Collaboration aims to enhance service quality, mitigate chronic labor shortages, and drive long-term margin expansion across YY Group's integrated facility management (IFM) portfolio.SINGAPORE, May 26, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), an AI-native workforce management platform and integrated facility management (IFM) provider operating across Asia and beyond, today announced that it has signed a non-binding Memorandum of Understanding with Beijing Velobotics Tech Co., Ltd. ("Velobotics"), a leader in commercial autonomous service hardware.Under the partnership, YY Group intends to serve as a regional commercialization and deployment partner for Velobotics' advanced VIGGO L4 autonomous floor-scrubbing and multi-purpose fleets across Singapore and Malaysia. The collaboration targets the systematic integration of these robotic assets into premium commercial environments currently managed under YY Group's extensive IFM footprint, including transportation hubs, major banking facilities, and mixed-use complexes.The initial deployment phase is planned to evaluate the VIGGO SC series. Built upon Velobotics' proprietary autonomous driving deep-learning architecture, the hardware features advanced multi-sensor fusion alongside specialized automated docking workstations. These workstations are designed to enable hands-free operational loops, including fully automatic water replenishment, self-draining, and autonomous charging, aiming to drastically reduce manual intervention frequencies and optimize human efficiency ratios."Integrating L4 autonomous driving technology into our daily IFM workflows bridges the gap between traditional manual operations and high-margin smart facility management," said Mike Fu, Chief Executive Officer of YY Group. "By partnering with Velobotics to explore the deployment of self-navigating fleets, our goal is not only to elevate service quality but to structurally insulate our operating margins from regional labor shortages. This is a highly practical execution of our broader AI-native infrastructure roadmap."The partnership aligns directly with the Agentic and Robotic Automation parameters outlined in YY Group's May 11, 2026 Strategic Update. By layering Velobotics' autonomous assets alongside its existing regional programmes, YY Group continues to execute its strategy of serving as a key institutional gateway for advanced commercial automation deployment across Southeast Asia.The partnership has an initial term of 24 months and is non-binding except with respect to confidentiality, intellectual property, public disclosure, and governing law provisions. The Parties intend to negotiate one or more definitive agreements covering commercial terms for product purchase, deployment, and potential market development rights. There can be no assurance that the Parties will enter into definitive agreements, that products will be deployed at any specific scale, or that the collaboration will generate any specific level of revenue or operational impact.About YY Group HoldingYY Group Holding Limited (Nasdaq: YYGH) is an AI-native workforce management platform and integrated facility management (IFM) provider, headquartered in Singapore and operating across Asia and beyond. The Company's intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan, and optimize workforce deployment. In YY Group's IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail, and mixed-use facilities.As both business lines scale, the Company is systematically embedding AI and automation capabilities – progressing from intelligent decision support toward increasingly autonomous workforce management – to improve service quality, reduce deployment costs, and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YY Group is committed to infrastructure innovation, measurable client outcomes, and long-term value creation.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market across Southeast Asia, Hong Kong, and other markets in which the Company operates, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, (vi) our ability to successfully develop, deploy, and commercialize our AI-powered products and capabilities, including through strategic partnerships, and (vii) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Zhi Yong Phua, Chief Financial Officer
YY Group
enquiries@yygroupholding.com View original content to download multimedia:https://www.prnewswire.com/news-releases/yy-group-nasdaq-yygh-announces-strategic-partnership-with-velobotics-to-advance-autonomous-facility-management-capabilities-in-southeast-asia-302781731.htmlSOURCE YY Group Holding Limited Original: YY Group (NASDAQ: YYGH) Announces Strategic Partnership with Velobotics to Advance Autonomous Facility Management Capabilities in Southeast Asia
US Market News
3週前
YY Group (NASDAQ: YYGH) Expands Malaysia Operations to Melaka, Entering New High-Growth Hospitality MarketMay 18, 2026 8:07 AM
PR Newswire (US) Partnership with international 5-star hotel broadens the Company's recurring revenue base and enhances regional visibilitySINGAPORE, May 18, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), an AI-native workforce management platform and integrated facility management (IFM) provider operating across Asia and beyond, today announced that its Malaysian subsidiary, YY Circle Malaysia, has entered the Melaka market through a workforce partnership with a leading international 5-star hotel, extending the subsidiary's footprint beyond Kuala Lumpur and adding a new high-growth geography to YY Group's hospitality client base. Services commenced on May 8, 2026. Melaka is a UNESCO World Heritage city and one of Malaysia's most-visited sites, with over 19 million tourist arrivals targeted for 2026. This year's state-level Visit Melaka campaign, along with the national Visit Malaysia 2026 initiative, positions Melaka as one of the country's standout destinations, driving increased investment by international hotel brands. Workforce capacity, however, has emerged as the binding constraint on hospitality growth: Southeast Asian employers consistently report talent shortages, high turnover, and training gaps. Meanwhile, employees report issues with stability, pay, and lack of development opportunities. YY Circle's AI-powered, on-demand workforce platform addresses both sides of this dynamic. For hotel operators, the platform matches trained personnel to daily occupancy and event demand, providing reliable day-by-day staffing without expanding fixed headcount. For workers, it provides more consistent earnings opportunities, with transparent pay and access to training and development pathways across the platform. These capabilities are complemented by YY Group's automation initiatives, which are designed to extend front-line teams' productivity."Across Southeast Asia, demand for trained hospitality staff is outpacing supply, and Melaka is a clear example of a market where innovative solutions are needed to keep pace with rising demand," said Mike Fu, Chief Executive Officer of YY Group. "Our AI-powered workforce platform closes that gap from both directions — giving operators access to reliable, pre-vetted, on-demand personnel, and providing hospitality workers with greater stability and opportunity. Combined with our automation initiatives, we offer a structural upgrade from traditional staffing models — positioning YY Group as a leader in the industry's shift to AI-native infrastructure as we pursue additional engagements throughout Southeast Asia."Ken Teng, Director of Southeast Asia for YY Group, added, "This engagement reflects strong confidence from one of the region's leading hospitality brands, and our smooth launch across the hotel's full F&B and rooms departments demonstrates that trust was well-earned. We're excited to enter this thriving market with clear technology advantages, and expect our presence in Melaka to anchor further partnerships across Malaysia's broader tourism corridor."Under the engagement, YY Circle Malaysia is providing staffing across the property's full operations, including banquet, restaurant, housekeeping, stewarding, and kitchen departments. The Company initially expects to deploy approximately 30 to 40 employees per day, contributing meaningfully to YY Circle Malaysia's recurring revenue base.About YY Group HoldingYY Group Holding Limited (Nasdaq: YYGH) is an AI-native workforce management platform and integrated facility management (IFM) provider, headquartered in Singapore and operating across Asia and beyond. The Company's intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan, and optimize workforce deployment. In YY Group's IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail, and mixed-use facilities.As both business lines scale, the Company is systematically embedding AI and automation capabilities – progressing from intelligent decision support toward increasingly autonomous workforce management – to improve service quality, reduce deployment costs, and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YY Group is committed to infrastructure innovation, measurable client outcomes, and long-term value creation.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market across Southeast Asia, Hong Kong, and other markets in which the Company operates, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, (vi) our ability to successfully develop, deploy, and commercialize our AI-powered products and capabilities, including through strategic partnerships, and (vii) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Zhi Yong Phua, Chief Financial Officer
YY Group
enquiries@yygroupholding.com View original content to download multimedia:https://www.prnewswire.com/news-releases/yy-group-nasdaq-yygh-expands-malaysia-operations-to-melaka-entering-new-high-growth-hospitality-market-302774371.htmlSOURCE YY Group Holding Limited Original: YY Group (NASDAQ: YYGH) Expands Malaysia Operations to Melaka, Entering New High-Growth Hospitality Market
US Market News
3週前
YY Group (NASDAQ: YYGH) Joins Singapore Hotel Association as Associate MemberMay 14, 2026 8:17 AM
PR Newswire (US) Membership enhances YY Group's regional visibility and deepens engagement with Singapore's hospitality industrySINGAPORE, May 14, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that it has become an Associate Member of the Singapore Hotel Association ("SHA"), the national industry association for Singapore's hotel sector. SHA plays a central role in shaping industry policy, standards, and workforce development in one of the world's most competitive hospitality markets. Its membership currently comprises 173 hotels, representing approximately 80% of Singapore's licensed hotel room inventory. Associate Membership formally connects YY Group to SHA's network of hotel members and partner organizations, reinforcing the Company's position within an ecosystem it has served for many years.YY Group will participate in SHA's full program of member activities, including selected seminars and workshops, mini exhibitions hosted on SHA platforms, SHA's annual Hospitality Exchange conference, and the SHA Annual General Meeting. The Company will also have the opportunity to sponsor dedicated educational sessions for SHA's hotel members on its areas of industry expertise, such as AI-powered workforce solutions, intelligent infrastructure, and agentic and robotic automation."Singapore is home to one of the most demanding and forward-looking hospitality markets in the world, and SHA sits at the center of it," said Mike Fu, Chief Executive Officer of YY Group. "Joining as an Associate Member deepens the relationships we have built with the hotel community we already serve and creates new touchpoints to listen, contribute, and shape conversations around hospitality workforce solutions, technology, and operational excellence. We look forward to being an active and constructive participant in the Association's mission."YY Group views its SHA Associate Membership as a natural extension of its long-standing focus on the hospitality sector and its commitment to working alongside hotel operators to advance technology adoption, workforce standards, and operational outcomes across the market.About YY Group HoldingYY Group Holding Limited (Nasdaq: YYGH) is an AI-native workforce management platform and integrated facility management (IFM) provider, headquartered in Singapore and operating across Asia and beyond. The Company's intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan, and optimize workforce deployment. In YY Group's IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail, and mixed-use facilities.As both business lines scale, the Company is systematically embedding AI and automation capabilities – progressing from intelligent decision support toward increasingly autonomous workforce management – to improve service quality, reduce deployment costs, and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YY Group is committed to infrastructure innovation, measurable client outcomes, and long-term value creation.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market across Southeast Asia, Hong Kong, and other markets in which the Company operates, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, (vi) our ability to successfully develop, deploy, and commercialize our AI-powered products and capabilities, including through strategic partnerships, and (vii) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Zhi Yong Phua, Chief Financial Officer
YY Group
enquiries@yygroupholding.com View original content to download multimedia:https://www.prnewswire.com/news-releases/yy-group-nasdaq-yygh-joins-singapore-hotel-association-as-associate-member-302772335.htmlSOURCE YY Group Holding Limited Original: YY Group (NASDAQ: YYGH) Joins Singapore Hotel Association as Associate Member
US Market News
4週前
YY Group (NASDAQ: YYGH) Issues Strategic Update on AI-Native Platform Evolution and Inaugural AI Product PreviewMay 11, 2026 8:07 AM
PR Newswire (US) Outlines Four-Module AI Framework Built on Existing Hospitality Workforce Operations Across 12 Countries and RegionsUnveils Yolara, its first AI-Powered Product for the Hospitality IndustryReaffirms FY2026 Revenue Guidance of US$103 Million to US$110 MillionSINGAPORE, May 11, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today published a strategic update outlining its evolution from one of Asia's largest hospitality workforce providers into an AI-native workforce management platform for the global hospitality and service industries. From Workforce Provider to Intelligent InfrastructureLeveraging more than 16 years of hospitality and facilities management experience, YY Group has built one of Asia's largest hospitality-focused workforce operations, placing tens of thousands of workers annually across hotels, commercial properties, and service environments in Singapore, Hong Kong SAR, Malaysia, Thailand, and a growing number of markets worldwide through its YY Circle application.That operational foundation — deep client relationships, high-volume placement infrastructure, and a proprietary digital platform that is already embedded in daily workforce operations across 12 countries and regions — is now the launchpad for the next phase of the Company's growth: the development and systematic integration of AI tools across its workforce solutions and IFM businesses.The Company has already deployed first-generation AI capabilities within YY Circle, including automated digital workforce verification, AI-powered customer support, and intelligent attendance assurance. These initial deployments validated the Company's thesis that AI can meaningfully improve operational efficiency at scale across its hospitality workforce operations. For its next phase, the Company has established a strategic partnership with Arros AI, an NVIDIA Inception program member, and appointed Arros AI CTO & Co-Founder, Kai Yang, as Chief AI Scientist, to support its evolution from operational AI that improves internal efficiency to product AI that generates new revenue streams and deepens engagement with clients.The Industry ChallengeThe global hospitality industry is facing a structural workforce crisis that traditional staffing models cannot solve. Labor shortages across hotels, commercial properties, and service environments are no longer cyclical — they reflect a permanent shift in how workers choose, engage with, and exit employment. At the same time, hotel operators and facility managers are navigating rising wage floors, high turnover, expanding regulatory complexity across jurisdictions, and growing pressure to maintain service quality with leaner teams.Legacy approaches, such as manual sourcing, phone-based screening, and paper-driven scheduling, were not built for this environment. The companies that solve the hospitality labor problem at scale will do so with intelligent infrastructure, not incremental headcount. YY Group is positioned to be that company — with 16 years of operational experience, a platform embedded across 12 countries and regions, and now, an AI infrastructure roadmap designed specifically to shape the future of hospitality workforce management.YY Group's AI Infrastructure StrategyYY Group is building its AI capabilities around four modules that align with the end-to-end workforce lifecycle, progressing from today's intelligent decision support toward the Company's longer-term vision of agentic AI — systems that autonomously execute workforce tasks end-to-end without human intervention.Talent Intelligence — AI-driven candidate discovery, screening, ranking, and matching. This is the Company's most advanced AI capability and the first to market, built through its technology partnership with Arros AI. Yolara, the Company's first product under this module, extends YY Circle from blue-collar gig staffing into white-collar hospitality recruiting, enabling hotel clients to source management-level roles, such as revenue managers, sales directors, and operations leaders, through the same platform they already use for frontline staffing.Workflow Intelligence — AI-optimized workforce deployment, shift scheduling, and real-time demand matching. Using predictive analytics to anticipate staffing needs based on occupancy data, seasonal patterns, and historical utilization, this module's products are designed to reduce unfilled shifts, lower deployment costs, and improve workforce responsiveness.Data Intelligence — An analytics and reporting layer providing hotel operators with workforce performance insights, labor cost benchmarking, and predictive workforce planning. Products under this module aim to transform YY Circle from a staffing tool into a workforce management decision infrastructure that becomes deeply embedded in how hotel operators plan and manage labor.Agentic and Robotic Automation — Automation is the Company's longest-horizon module, designed to extend the platform's intelligence layer from decision support into autonomous action. Agentic AI products under this module are being developed to execute workforce tasks such as shift filling, compliance checks, and worker communications autonomously, operating across the messaging channels workers and hotel managers already use. Beyond software, this module also encompasses physical automation capabilities for hospitality environments, including the Company's existing robotics pilot program evaluating hospitality and security robots in partnership with KEENON Robotics in Southeast Asia and a local robotics company in Las Vegas, Nevada.These modules and their products are at different stages of development. Products will be announced individually as each reaches the stage of demonstrable product readiness and measurable client results.Inaugural AI Product: Yolara, AI-Native Workforce Solutions for the Hospitality IndustryThe Company's first AI product, Yolara, is currently in development and is expected to launch in the third quarter of 2026. Yolara is designed as an AI-native platform extension, enabling YY Circle to serve the full hospitality labor spectrum — from blue-collar worker deployment to white-collar management hiring — within a single integrated system.Blue-collar workforce deployment will be powered by YY Circle's existing technology, enhanced with AI-driven scheduling, matching, and attendance assurance. White-collar hiring capabilities will be delivered through an integration of Arros AI's recruitment intelligence technology, bringing AI-powered candidate screening, ranking, and matching to management-level roles in a segment where placement cycles are long, recruiter workloads are high, and the cost of a bad hire is significant.The underlying technology, developed by Kai Yang, CTO and Co-founder of Arros AI, has demonstrated the ability to reduce recruiter workloads by approximately 80% in prior deployments. Mr. Yang holds a master's degree in statistics from Harvard University and a bachelor's degree in mathematics and statistics from the University of Toronto, where his research in deep learning and natural language processing was conducted within one of the world's foremost AI research environments. Before co-founding Arros AI, he also founded and successfully exited Moyin Tech Inc., a Y Combinator China alumnus.For YY Group's existing hotel clients, Yolara will allow operators who rely on YY Circle for blue-collar staffing to manage and source management-level talent through the same platform. This unified approach will create a new revenue stream from the Company's existing client base while deepening platform engagement, increasing switching costs, and strengthening long-term client retention.Management CommentaryMike Fu, Chief Executive Officer of YY Group, commented, "When we built YY Circle, we started with a simple realization: the hospitality industry needs workforce solutions that are faster, smarter, and more reliable than what traditional staffing can deliver. That insight has taken us from a single market in Singapore to operations across 12 countries and regions, serving some of the world's most recognized hotel brands. Today, we are taking the next step–evolving from a workforce solutions provider into an AI-native infrastructure platform for the global hospitality and service industries. "Our clients already rely on YY Circle to staff their properties every day. With Yolara, those same clients will be able to source and evaluate management-level talent through the same platform — powered by AI technology that has already demonstrated the ability to reduce recruiter workloads by approximately 80%. This is a genuinely new revenue stream built on existing client relationships, and it is only the first of several AI-driven capabilities we intend to bring to market."The appointment of Kai Yang as our Chief AI Scientist and our technology partnership with Arros AI give us the technical foundation to execute this vision at scale. The hospitality labor challenge is structural and global. The company that solves it — not with more headcount, but with AI infrastructure that autonomously manages workforce operations end-to-end — will define the category. That is what we are building."Jason Phua, Chief Financial Officer of YY Group, added, "Our AI platform investments are being executed within a disciplined financial framework, with AI-related projects funded from operating cash flow and existing resources. We delivered revenue of US$57.2 million for fiscal year 2025, up 39.3% year over year, and reaffirm our fiscal year 2026 revenue guidance of US$103 million to US$110 million and anticipated non-IFRS profitability. We also expect the operating leverage in our model to drive continued margin expansion as we scale. This AI strategy enhances our growth trajectory — it does not change our path to profitability."The Company will provide detailed updates on Yolara's adoption, including client usage data and operational performance metrics, following the initial deployment period. Updates on subsequent AI module launches, product development milestones, and the integration of AI capabilities across the Company's IFM business will be communicated as each reaches the stage of demonstrable product readiness and measurable client results.About YY Group HoldingYY Group Holding Limited (Nasdaq: YYGH) is an AI-native workforce management platform and integrated facility management (IFM) provider, headquartered in Singapore and operating across Asia and beyond. The Company's intelligent workforce solutions system, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan, and optimize workforce deployment. In YY Group's IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail, and mixed-use facilities.As both business lines scale, the Company is systematically embedding AI and automation capabilities – progressing from intelligent decision support toward increasingly autonomous workforce management – to improve service quality, reduce deployment costs, and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YY Group is committed to infrastructure innovation, measurable client outcomes, and long-term value creation.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market across Southeast Asia, Hong Kong, and other markets in which the Company operates, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, (vi) our ability to successfully develop, deploy, and commercialize our AI-powered products and capabilities, including through strategic partnerships, and (vii) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor ContactJason Zhi Yong Phua, Chief Financial Officer
YY Group
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US Market News
1月前
YY Group (NASDAQ: YYGH) Unveils Scalable AI Training Data Strategy to Power Next-Generation Robotics and Artificial IntelligenceApril 22, 2026 8:17 AM
PR Newswire (US)
Leverages a 500,000-user workforce network across 12 countries to generate structured real-world AI training datasetsUnlocks high-margin, data-driven revenue opportunities and global technology partnershipsSINGAPORE, April 22, 2026 /PRNewswire/ -- YY Group Holding Limited (Nasdaq: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced the strategic expansion of its technology ecosystem with the introduction of an AI training data platform. The scalable solution is designed to generate high-quality, real-world human data for robotics and artificial intelligence applications, addressing a critical constraint in AI development: the lack of structured human activity data required to train systems for autonomous physical execution.
As part of the initial rollout, the Company is initiating the establishment of a dedicated training and data collection facility in Johor, Malaysia, focused on the structured capture of real-world human workflows across service environments. The initiative is intended to enable YY Group to convert operational tasks into high-fidelity datasets used to train AI models and humanoid robotic systems for real-world deployment.The platform will be powered by the YY Circle App, allowing YY Group to mobilize its network of more than 500,000 users across 12 countries into structured data collection roles. Through dedicated "Data Collection" shifts, the Company aims to generate large-scale datasets efficiently by leveraging its existing global operational infrastructure."This strategic initiative reflects the evolution of YY Group's platform capabilities beyond workforce services and into the AI data infrastructure layer," said Mike Fu, Chief Executive Officer of YY Group Holding Limited. "By leveraging our global network, we are uniquely positioned to generate the real-world human data required for AI systems to operate effectively in physical spaces. This expansion aligns YY Group with the next generation of intelligent systems being developed by global technology leaders."The AI training data platform is expected to expand YY Group's capabilities into higher-margin, technology-driven solutions and is designed to position the Company as a scalable, on-the-ground data infrastructure partner for global technology companies developing robotics and artificial intelligence systems.About YY Group Holding LimitedYY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania, and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality and workforce markets in Southeast Asia, Hong Kong and other markets in which the Company operates (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, (vi) our future business development, results of operations and financial condition, (vii) the Company's ability to successfully develop, deploy, and commercialize AI training data services and related infrastructure, (viii) the completion and operational readiness of the planned training facility in Johor, Malaysia, (ix) the Company's ability to enter into commercial agreements for AI training data services on favorable terms, or at all, (x) market demand for real-world AI training data, which may not develop as anticipated, and (xi) the Company's ability to develop or procure the specialized technology and equipment required to capture AI-grade training data. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
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Original: YY Group (NASDAQ: YYGH) Unveils Scalable AI Training Data Strategy to Power Next-Generation Robotics and Artificial Intelligence
US Market News
2月前
YY Group Reports Unaudited Second Half and Full Year 2025 Earnings Results Highlighting Accelerating Revenue Growth, Expanding Margins and Positioning for Profitability in 2026April 20, 2026 8:17 AM
PR Newswire (US)
Full year revenue grew 39.3% year over year to US$57.2 million, with second half revenue of US$31.5 millionFull year gross profit increased 50.2% year over year to US$7.9 million, with gross profit margin expanding to 13.8% from 12.8% in 2024Company expects to achieve non-IFRS net profitability in fiscal year 2026; formal profitability guidance to followSINGAPORE, April 20, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced its unaudited financial results for the six months and the full year ended December 31, 2025. The Company delivered strong revenue and gross profit growth, reflecting the returns on a year of deliberate investment in geographic expansion, strategic acquisitions, and operational infrastructure, while taking decisive steps to optimize its cost structure heading into 2026. These results are subject to final review and will be confirmed when YY Group reports its Management's Discussion and Analysis of Financial Condition and Results of Operations and Audited Financial Statements for the six months ended December 31, 2025 and fiscal year ended December 31, 2025.
Second Half and Full Year 2025 Financial Highlights:Total revenues increased 44.2% to US$31.5 million for the second half of 2025 and 39.3% to US$57.2 million for full year 2025, compared with US$21.8 million and US$41.1 million, respectively, for the same periods of 2024. This rapid growth was driven by strong increases in revenue from both the Manpower and IFM segments, which respectively rose 29.4% and 40.7% year over year for the full year.Gross profit increased 26.0% year over year to US$3.6 million for the second half of 2025 and 50.2% year over year to US$7.9 million for full year 2025, supported by greater business scale and disciplined execution. Overall gross profit margin reached 13.8% for full year 2025, improving from 12.8% in 2024, driven primarily by scale efficiencies and the integration of higher-margin acquired service lines in the IFM segment.The Company recorded operating losses of US$12.9 million for the second half of 2025 and US$20.6 million for full year 2025, compared with operating losses of US$5.0 million and US$4.1 million, respectively, for the same periods of 2024. The increase was primarily attributable to full-year share-based compensation expenses of US$6.6 million and impairment charges on goodwill and intangible assets of US$9.6 million, the latter relating principally to the Company's strategic decision to exit underperforming global subsidiaries as part of its ongoing cost optimization and portfolio rationalization efforts."Fiscal year 2025 was a year of purposeful investment in which we prioritized building the geographic reach, operational scale, and client relationships needed to support our next phase of growth," said Mike Fu, CEO of YY Group. "Full year revenue of US$57.2 million, representing year-over-year growth of 39.3%, reflects strong execution across both our manpower and IFM verticals, with meaningful contributions from acquisitions completed during the year and a growing client portfolio across Singapore, Hong Kong, Thailand, and Malaysia. Our manpower segment's repeatable market entry playbook is now generating compounding returns as each geography scales, while strategic acquisitions and organic client wins drove a surge in IFM revenue and more than doubled our IFM customer base. We have also invested meaningfully in AI capabilities and look forward to sharing more on this strategic initiative in the coming weeks. We are moving into 2026 with strong pipeline visibility, the operational foundation to deliver on our FY2026 revenue guidance of US$103 million to US$110 million, and a clear path to non-IFRS profitability, marking a pivotal transition from investment to earnings generation."Second Half and Full Year 2025 Operational Highlights:
Six Months Ended December 31,
Full Year EndedDecember 31,
2025
2024
2025
2024Manpower Services
YY Circle App downloads*
317,563
54,663
903,952
519,228YY Circle App monthly active users
40,459
34,952
40,688
35,152Job fulfillment rate
95 %
94 %
95 %
96 %Number of Employers*
102
95
305
214
IFM Services
Number of customers*
8424
274
132Average revenue per customer*
——
119,887
176,823 The IFM customer base more than doubled in 2025 through both organic growth and acquisitions completed during the year, diversifying the average revenue per customer downward as newly acquired clients carry individually smaller contract values. The Company views this as a positive development that reduces client concentration risk and creates cross-selling opportunities across its bundled service offerings.*For the six months ended December 31, app downloads, number of employers, and number of IFM customers reflect new additions during the period. For the full year, these figures represent cumulative totals as of December 31. Average revenue per IFM customer is presented on a full-year basis only, as the six-month metric is not directly comparable due to differences in the calculation base.
Jason Phua, Chief Financial Officer of YY Group, added, "Strong full-year revenue and gross profit growth alongside a gross margin expansion to 13.8% from 12.8% in the prior year demonstrate the increasing quality and scale of our business. The IFRS net loss of US$21.6 million was driven primarily by US$6.6 million in non-cash share-based compensation and US$9.6 million in goodwill and intangible asset impairments and does not reflect the underlying trajectory of our operations. On a non-IFRS basis, which we believe more accurately represents our operational performance, our net loss of US$7.8 million reflects the front-loaded cost of entering multiple new markets simultaneously while building the infrastructure to support an expected 80-90% revenue increase in 2026. We have already taken concrete steps to improve our cost profile and strengthen our capital position: reducing debt costs, streamlining our headquarters operations, and winding down non-core global subsidiaries, leaving the Company well-capitalized to fund its current growth plans. With our revenue base scaling toward the US$103 million to US$110 million guidance range and a substantially leaner cost structure, we expect to deliver non-IFRS profitability in fiscal year 2026."FY2026 Guidance On March 12, 2026, the Company issued its first formal revenue guidance. The Company currently expects FY2026 revenue of US$103 million to US$110 million, supported by strong demand visibility across its key markets, the full-year contribution of businesses acquired in 2025, sustained client retention across both the manpower and IFM segments, and continued prioritization of capital deployment toward the Company's core operations. The Company further expects to achieve non-IFRS net profitability for fiscal year 2026, driven by the combination of accelerating revenue growth and cost optimization measures implemented in late 2025 and early 2026, including debt restructuring, headquarters optimization, and a strategic rationalization of its global subsidiary portfolio. The above forecast is based on current market conditions and reflects the Company's current preliminary views and expectations on market and operational conditions and the regulatory and operating environment, as well as customers' and institutional partners' demands, all of which are subject to change. US Dollar ranges are based on a USD/SGD exchange rate of 1.28 as of March 10, 2026. Additional details on the Company's FY2026 revenue guidance and underlying assumptions can be found in its press release dated March 12, 2026.Management MessageIn lieu of a conference call, the Company's management has prepared a brief video discussing the financial and operational results for the period. The video is available on the Company's official YouTube channel at https://www.youtube.com/watch?v=-rOW2dECz1I for investors and stakeholders to view at their convenience.Second Half 2025 Financial Results Revenues were US$31.5 million for the second half of 2025, compared with US$21.8 million for the same period of 2024. The increase was primarily driven by accelerated growth across both Manpower and IFM Services.Revenues from Manpower Services were US$13.4 million, an increase of 35.7% compared with US$9.9 million for the same period of 2024, driven by the successful scale-up of on-demand workforce solutions and continued global expansion. This segment's gross profit margin was 11.7%, compared with 14.8% for the same period of 2024, reflecting competitive pricing to drive client acquisition and volume growth. Absolute gross profit increased year over year.Revenues from IFM Services were US$18.4 million, an increase of 53.7% compared with US$12.0 million for the same period of 2024, primarily attributable to continued contract procurement and business acquisitions. This segment's gross profit margin was 13.7%, compared with 11.9% for the same period of 2024, due to increasing scale efficiencies and the integration of higher-margin acquired service lines.Revenues from Others were negative US$0.3 million, reflecting a one-time adjustment related to the timing of revenue recognition for YY Smart Tech.Cost of revenues was US$27.9 million, compared with US$19.0 million for the same period of 2024. The increase was primarily attributable to the related revenue increase, as well as higher labor costs across both Manpower and IFM Services.Gross profit was US$3.6 million, compared with US$2.9 million for the same period of 2024. Gross profit margin was 11.5%, compared with 13.2% for the same period of 2024. The modest decrease was primarily driven by the decrease in Manpower Services' gross margin.Total operating expenses were US$16.9 million, representing an increase of 101.1% from US$8.4 million for the same period of 2024. The increase was primarily due to the issuance of share-based compensation related to the Company's share incentive plans and impairment losses on goodwill and intangible assets associated with the Company's strategic rationalization of its global subsidiary portfolio.Selling and marketing expenses were US$1.2 million, representing a 102.8% increase from US$0.6 million for the same period of 2024. The increase was primarily attributable to share-based compensation attributable to sales and marketing.General and administrative expenses were US$12.6 million, representing a 61.4% increase from US$7.8 million for the same period of 2024. The increase was primarily attributable to share-based compensation expenses.Loss from operations was US$12.9 million, compared with a loss of US$5.0 million for the same period of 2024.Net loss attributable to ordinary shareholders was US$13.2 million, compared with a net loss of US$5.4 million for the same period of 2024.Non-IFRS net loss attributable to ordinary shareholders was US$7.0 million, compared with a non-IFRS net loss of US$0.3 million for the same period of 2024.Basic and diluted net loss per ordinary share[1] were both US$11.44. For reference, prior to giving effect to the 50-for-1 reverse stock split effective March 23, 2026, basic and diluted net loss per ordinary share were both US$0.23.Non-IFRS basic and diluted net loss per ordinary share1 was US$6.10. For reference, prior to giving effect to the 50-for-1 reverse stock split effective March 23, 2026, non-IFRS basic and diluted net loss per ordinary share were both US$0.12.Full Year 2025 Financial ResultsRevenues for full year 2025 were US$57.2 million, compared with US$41.1 million for full year 2024. The increase was primarily driven by accelerated growth across both Manpower and IFM Services, organic client wins, and contributions from acquired businesses.Revenues from Manpower Services were US$23.0 million, an increase of 29.4% compared with US$17.8 million in 2024, driven by the successful scale-up of on-demand workforce solutions and continued global expansion. This segment's gross profit margin was 13.8%, compared with 15.5% in 2024, reflecting competitive pricing to drive client acquisition and volume growth. Absolute gross profit increased year over year.Revenues from IFM Services were US$32.9 million, an increase of 40.7% compared with US$23.3 million in 2024, primarily attributable to continued contract procurement and business acquisitions. This segment's gross profit margin was 13.2%, compared with 10.8% in 2024, due to increasing scale efficiencies and the integration of higher-margin acquired service lines.Revenues from Others were US$1.4 million. This segment's gross profit margin was 27.5% for 2025.Cost of revenues for the full year was US$49.3 million, compared with US$35.8 million for full year 2024. The increase was primarily attributable to the related revenue increase, as well as higher labor costs across both Manpower and IFM Services.Gross profit for the full year was US$7.9 million, compared with US$5.3 million for full year 2024. Gross profit margin was 13.8%, compared with 12.8% in the prior year, primarily driven by ongoing technology advancements and growing scale benefits.Total operating expenses for the full year were US$29.7 million, compared with US$11.1 million for full year 2024. The increase was primarily due to non-cash share-based compensation related to the Company's share incentive plans and impairment losses on goodwill and intangible assets associated with the Company's strategic rationalization of its global subsidiary portfolio.Selling and marketing expenses for the full year were US$2.7 million, compared with US$0.7 million for full year 2024. The increase was primarily attributable to share-based compensation attributable to sales and marketing.General and administrative expenses for the full year were US$19.7 million, compared with US$10.4 million for full year 2024. The increase was primarily attributable to share-based compensation expenses.Loss from operations was US$20.6 million, compared with a loss of US$4.1 million for full year 2024.Net loss attributable to ordinary shareholders for the full year was US$21.4 million, compared with a net loss of US$4.8 million for full year 2024.Non-IFRS net loss attributable to ordinary shareholders for the full year was US$7.6 million, compared with a non-IFRS net profit of US$0.3 million for full year 2024.Full year basic and diluted net loss per ordinary share[2] were both US$21.98. For reference, prior to giving effect to the 50-for-1 reverse stock split effective March 23, 2026, basic and diluted net loss per ordinary share were both US$0.44.Non-IFRS full year basic and diluted net loss per ordinary share2 were both US$7.83. For reference, prior to giving effect to the 50-for-1 reverse stock split effective March 23, 2026, non-IFRS basic and diluted net loss per ordinary share were both US$0.16.[1] Per-share amounts have been retroactively adjusted to reflect the Company's 50-for-1 reverse stock split effective March 23, 2026 and are based on the weighted-average number of ordinary shares outstanding of 1,151,339 during the second half of 2025, as adjusted for the reverse stock split.[2] Per-share amounts have been retroactively adjusted to reflect the Company's 50-for-1 reverse stock split effective March 23, 2026 and are based on the weighted-average number of ordinary shares outstanding of 974,686 during FY2025, as adjusted for the reverse stock split.About YY Group Holding LimitedYY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Non-IFRS Financial Measures The Company uses non-IFRS measures such as non-IFRS net loss/profit in evaluating its operating results and for financial and operational decision-making purposes. The Company believes that non-IFRS financial measures help identify underlying trends in the Company's business that could otherwise be distorted by the effect of certain expenses that the Company includes in its results for the period. The Company believes that non-IFRS financial measures provide useful information about its results of operations, enhance the overall understanding of its past performance and future prospects, and allow for greater visibility with respect to key metrics used by its management in its financial and operational decision-making. Non-IFRS financial measures have limitations as analytical tools and should not be considered in isolation or construed as an alternative to IFRS financial measures or any other measure of performance or as an indicator of its operating performance. Investors are encouraged to review non-IFRS financial measures and the reconciliation to their most directly comparable IFRS measures. Non-IFRS financial measures presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company's data. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. For more information on the Company's non-IFRS financial measures, please see the section titled "Unaudited reconciliations of IFRS and non-IFRS financial measures." Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality and manpower markets in Hong Kong and the broader Southeast Asian region, including Malaysia, Singapore, and Thailand, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor ContactJason Zhi Yong Phua, Chief Financial OfficerYY Groupenquiries@yygroupholding.com Unaudited and Unreviewed Reconciliation of IFRS and Non-IFRS Financial Measures
20252025
Non-IFRS reconciliation
$$Revenue57,245,16757,245,167Cost of revenue(49,347,666)(49,347,666)Gross profit7,897,5017,897,501
Other income1,169,7181,169,718Selling and marketing expenses(2,731,035)(579,170)General and administrative expenses(19,679,803)(15,234,268)Impairment loss on intangible asset(4,063,000)-Impairment loss on goodwill(5,551,429)-Other expenses(57,201)(57,201)Change in fair value of investment property38,296-Change in fair value of warrant liability2,383,178-Operating (loss)/profit(20,593,775)(6,803,420)
Finance cost(1,028,787)(1,028,787)(Loss)/Profit before tax(21,622,562)(7,832,207)Income tax expenses38,76438,764(Loss)/Profit for the period(21,583,798)(7,793,443)
Profit attributable to:
Non-controlling interests(164,656)(164,656)Owners of the Company(21,419,142)(7,628,787)
Adding back:
Share-based compensation
(6,597,400)Impairment loss on intangible asset
(4,063,000)Impairment loss on goodwill
(5,551,429)Change in fair value of investment property
38,296 Change in fair value of warrant liability
2,383,178
(21,419,142)
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Original: YY Group Reports Unaudited Second Half and Full Year 2025 Earnings Results Highlighting Accelerating Revenue Growth, Expanding Margins and Positioning for Profitability in 2026
US Market News
2月前
YY Group Holding (NASDAQ: YYGH) Regains Compliance with Nasdaq Minimum Bid Price RequirementApril 16, 2026 8:07 AM
PR Newswire (US)
SINGAPORE, April 16, 2026 /PRNewswire/ -- YY Group Holding Limited (Nasdaq: YYGH) ("YY Group" or the "Company") today announced that it received a written notification letter (the "Compliance Notice") dated April 15, 2026 from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2). The matter is now closed.
As previously disclosed, on October 21, 2025, the Company received a deficiency notice from Nasdaq indicating that the closing bid price of its Class A Ordinary Shares had been below $1.00 per share for 30 consecutive business days. To regain compliance, the Company effected a 50-for-1 reverse stock split of its Class A Ordinary Shares, which became effective on March 23, 2026. As confirmed in the Compliance Notice, the closing bid price of the Company's Class A Ordinary Shares was at $1.00 per share or greater for 16 consecutive business days, from March 23, 2026 to April 14, 2026, resolving the deficiency.Mike Fu, CEO of YY Group, commented, "We are pleased to have regained Nasdaq compliance and to close this matter. We remain committed to creating long-term value for our shareholders and look forward to updating them as we continue to execute on our strategic priorities."The Company's Class A Ordinary Shares will continue to be listed and traded on the Nasdaq Capital Market under the symbol "YYGH."About YY Group Holding LimitedYY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania, and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality and workforce markets in Southeast Asia, Hong Kong and other markets in which the Company operates (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
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Original: YY Group Holding (NASDAQ: YYGH) Regains Compliance with Nasdaq Minimum Bid Price Requirement
US Market News
2月前
YY Group (NASDAQ: YYGH) Secures Extendable High-Level Cleaning Contract with Singapore Transportation AuthorityApril 7, 2026 8:17 AM
PR Newswire (US)
Contract Exceeding SGD $5 Million Strengthens Recurring Revenue and Diversifies IFM Client PortfolioSINGAPORE, April 7, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that its IFM subsidiary, Hong Ye Group Pte. Ltd., has been awarded a contract for high-level cleaning services with a major state-owned transportation authority in Singapore, commencing April 1, 2026. The contract's option to extend at the client's discretion brings the potential total value to more than SGD $5 million, enhancing the stability and visibility of YY Group's recurring service revenues.
This contract win represents a significant milestone in YY Group's growth and sector diversification strategy, marking an expansion into Singapore's public transportation infrastructure sector and underscoring the Company's ability to meet the rigorous operational, safety, and compliance standards required by entities managing critical national infrastructure. It also further broadens the Company's client and revenue base, adding public transportation to an existing IFM customer portfolio spanning hotels, shopping malls, hospitals, commercial office buildings, and financial institutions.Mike Fu, Group Chief Executive Officer of YY Group, commented, "Securing this long-term contract with a major state-owned transportation authority is a powerful validation of YY Group's service capabilities and opens a significant new growth vertical for our IFM business. This win reflects a return on the operational investments and strategic acquisitions we made in 2025, which have transformed our platform and positioned us to compete for larger, longer-duration contracts. The contract provides meaningful long-term revenue visibility and supports our broader strategy of building a diversified, recurring revenue base. As Singapore continues to invest in expanding and maintaining its world-class public infrastructure, we are well-equipped to deliver the required high standards of facility maintenance, reinforcing our leadership in Singapore's IFM industry."Under this engagement, Hong Ye Group will deliver specialized high-level cleaning services across a comprehensive network of elevated and underground rail stations, as well as multiple train depots. The scope of work encompasses station infrastructure spanning several major rail lines and light rail systems operated by one of Singapore's largest public transport operators. Hong Ye Group has already begun mobilizing dedicated teams, operational workflows, and workforce management technologies to ensure seamless service delivery from the contract's commencement.The addition of this contract further strengthens YY Group's position at the forefront of Singapore's high-potential IFM landscape. The Company will continue pursuing opportunities in both established and emerging market segments as part of its broader strategy to diversify and scale across sectors, deepen client relationships, and build long-term recurring revenue streams.About YY Group Holding LimitedYY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, AI-powered workforce solutions and integrated facility management (IFM) provider operating across Asia and beyond. The Company's intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan and optimize workforce deployment. In YY Group's IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail and mixed-use facilities.As both business lines scale, the Company is systematically embedding AI and automation capabilities to improve service quality, reduce deployment costs, and drive long-term margin expansion.Listed on the Nasdaq Capital Market, YY Group is committed to platform innovation, measurable client outcomes, and long-term value creation.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
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Original: YY Group (NASDAQ: YYGH) Secures Extendable High-Level Cleaning Contract with Singapore Transportation Authority
US Market News
2月前
YY Group Holding (NASDAQ: YYGH) Pauses At-The-Market OfferingMarch 30, 2026 8:07 AM
PR Newswire (US)
Company Confirms Sufficient Liquidity to Execute FY2026 Growth Plan; Related Share Cancellation to Reduce Outstanding Shares to 3,274,828SINGAPORE, March 30, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that it has instructed its sales agents, Spartan Capital Securities, LLC and Wilson-Davis & Co., Inc., to pause the Company's At-The-Market ("ATM") equity offering program, effective immediately.
In connection with the pause, the Company has directed the return and cancellation of 1,004,107 shares of common stock that were allocated to the sales agents but were not offered or sold into the market. Upon completion of the cancellation process, total shares of common stock outstanding will be reduced from 4,278,935 to 3,274,828. The Company expects the cancellation to be completed on or around April 3, 2026. No further shares will be issued under the ATM program while the pause remains in effect.The Company has determined that its current liquidity position is sufficient to support near-term operational requirements and execution against its previously announced FY2026 revenue guidance of US$103 million to US$110 million."We have the capital we need to execute our plan, and pausing the ATM reflects that assessment," stated Mike Fu, Chief Executive Officer of YY Group. "Our focus is on delivering against our FY2026 targets, improving our margin profile, and demonstrating the operational leverage in our business."The ATM program provides for the sale of up to US$20 million in shares of common stock. The Company retains the ability to reactivate the program in the future but has no current plans to do so.About YY Group Holding LimitedYY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania, and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
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Original: YY Group Holding (NASDAQ: YYGH) Pauses At-The-Market Offering
US Market News
2月前
YY Group Holding Announces Estimated Total Assets and Net Assets per Share of $8.03 and $3.18, Respectively, for Fiscal Year 2025March 25, 2026 8:07 AM
PR Newswire (US)
Estimates Reflect $34.3M in Total Assets and $13.6M in Net Assets Following Share ConsolidationSINGAPORE, March 25, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that, based on 2025 unaudited financials and the share count as of March 23, 2026, its total assets of approximately $34.3 million equated to approximately $8.03 per share of common stock, and its net assets of approximately $13.6 million equated to approximately $3.18 per share.
These estimates reflect preliminary financial data derived from management's period-end closing process for the 2025 fiscal year, adjusted for the 4,278,935 shares of common stock outstanding post-consolidation. During the period, YY Group accelerated its growth through strategic AI and robotics integrations, while securing major multi-year contracts with international financial and hospitality leaders. The Company also significantly broadened its global footprint across Thailand, Hong Kong, the UAE, and Australia.These estimates have not been reviewed or audited by the Company's independent registered public accounting firm and are subject to normal closing adjustments and review procedures. The Company is providing this information to offer additional transparency regarding its financial position and capital base following a period of strategic growth. These metrics reflect the Company's focus on maintaining a robust balance sheet while scaling its integrated service ecosystem across global markets."The reporting of our asset metrics following the recent share consolidation provides a more transparent lens through which to view the Company's intrinsic valuation," stated Mike Fu, Chief Executive Officer of YY Group Holding Limited. "These figures reflect the underlying strength of our balance sheet as we pivot toward a high-margin, tech-enabled service model designed to deliver sustainable growth for our investors."About YY Group Holding LimitedYY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania, and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
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Original: YY Group Holding Announces Estimated Total Assets and Net Assets per Share of $8.03 and $3.18, Respectively, for Fiscal Year 2025
US Market News
2月前
YY Group (NASDAQ: YYGH) Appoints Arros AI Co-Founder Kai Yang as Chief AI Scientist to Accelerate AI-Powered Workforce Platform DevelopmentMarch 24, 2026 4:10 PM
PR Newswire (US)
Appointment Deepens the Company's AI Capabilities as It Scales Toward Its FY2026 US$103 Million to US$110 Million Revenue TargetsSINGAPORE, March 24, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced the appointment of Mr. Kai Yang as Chief AI Scientist, effective April 1, 2026. In this newly created role, Mr. Yang will lead the development and deployment of AI-powered capabilities across the Company's YY Circle workforce platform as YY Group advances its ambition to build the leading AI-powered hospitality workforce platform globally.
Mr. Yang is the Co-Founder and Chief Technology Officer of Arros AI, where he developed an AI-powered recruiting system that reduced recruiter workloads by approximately 80%. Arros AI is a member of the NVIDIA Inception program and recently entered into a strategic technology partnership with YY Group to integrate AI-powered candidate screening and interviewing capabilities into the YY Circle platform. Prior to co-founding Arros AI, Mr. Yang founded Moyin Tech Inc. in Beijing, which was accepted into Y Combinator China (now MiraclePlus), where it raised approximately US$3 million in funding.Mr. Yang holds a bachelor's degree in mathematics and statistics from the University of Toronto and a master's degree in statistics from Harvard University. His research background is rooted in the University of Toronto's AI ecosystem, where his work in deep learning and natural language processing was shaped by the pioneering research of Professor Geoffrey Hinton, the Nobel Prize-winning scientist widely regarded as the "Godfather of AI."Mike Fu, CEO of YY Group, commented, "Building on our partnership with Arros AI, Kai Yang's appointment as Chief AI Scientist marks an important step in our journey to build the world's leading AI-powered hospitality workforce platform. His deep expertise in AI-driven recruiting technology – including building a system that reduced recruiter workloads by 80% – combined with his entrepreneurial track record, uniquely positions him to accelerate the integration of AI across our YY Circle platform. As we scale toward our FY2026 revenue targets of US$103 million to US$110 million, embedding AI into our core recruiting infrastructure is key to improving platform efficiency, reducing time-to-fill for our clients, and supporting higher margins."In his role as Chief AI Scientist, Mr. Yang will focus on:Accelerating YY Group's evolution into an AI-native, scalable workforce platformStrengthening the Company's capabilities in conversational AI, intelligent automation, and machine-learning powered candidate ranking systemsImproving efficiency across candidate discovery, screening, and interviewing to support the scalability of YY Circle across multiple geographiesKai Yang said, "YY Group's scale across Southeast Asia's hospitality workforce market, combined with the YY Circle platform's global reach, creates an ideal environment to deploy AI recruiting technology at meaningful scale. I am excited to help build the AI and large language model infrastructure that enables YY Circle to match candidates to opportunities faster, more accurately, and more efficiently – across 12 countries and growing. This is the kind of real-world, high-volume application where AI can deliver transformative operational impact."About YY Group Holding Limited
YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
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Original: YY Group (NASDAQ: YYGH) Appoints Arros AI Co-Founder Kai Yang as Chief AI Scientist to Accelerate AI-Powered Workforce Platform Development
US Market News
3月前
YY Group Announces Strategic Investment in Arros AI, an NVIDIA Inception Program MemberMarch 17, 2026 4:10 PM
PR Newswire (US)
AI and Robotics Collaborations, Expanding Manpower Client Portfolio, and Growing IFM Pipeline Reinforce FY2026 Revenue Guidance of US$103 Million to US$110 MillionStrengthening Next-Generation Workforce Technology and AI Hiring InfrastructureSINGAPORE, March 17, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced a strategic technology partnership with Fuku Advanced AI Inc. ("Arros AI"), a member of the NVIDIA Inception program. This investment is designed to strengthen YY Group's next-generation workforce technology and AI hiring infrastructure, further enhancing its flagship YY Circle platform. The partnership is part of a broader set of strategic and operational initiatives the Company is executing to support its FY2026 revenue guidance of US$103 million to US$110 million, as announced on March 12, 2026.
Technology and Innovation: Advancing the PlatformUnder the partnership with Arros AI, YY Group will integrate AI-powered candidate discovery, screening, ranking and interviewing capabilities into the YY Circle platform to improve recruiting efficiency, reducing time-to-fill, and enhance platform scalability across key markets. The collaboration reflects YY Group's broader strategy to strengthen its workforce technology stack and operational efficiency as it scales across hospitality and adjacent service sectors. The companies are also exploring a strategic investment and milestone-based incentive framework, subject to definitive agreements and applicable approvals, to align both parties around successful deployment and measurable commercial outcomes. Kevin Gao, Founder and CEO of Arros AI, said: "We are excited to support YY Group as it scales YY Circle across multiple markets. Our focus is to help workforce platforms make faster, more accurate hiring decisions through AI-powered screening, ranking, and interviewing infrastructure. We believe this partnership can become a strong example of how AI improves recruiter productivity and platform scalability in large-scale manpower operations."Separately, YY Group launched a robotics pilot program in Las Vegas, Nevada this month, to evaluate the deployment of hospitality and security robotics in one of the world's largest hospitality markets. Marking the Company's first foray into the U.S. market, this program builds on the Company's formal partnership with KEENON Robotics, a global leader in commercial service robots, under which the two companies are developing integrated human-robot collaboration service models for the hospitality sector. Pilot deployments are already underway in Malaysia and Singapore. These solutions are designed to support and augment human staff across functions such as banquet event support, cleaning, and facility maintenance. The Company expects its robotics initiatives to improve operating margins within its IFM business by enhancing workforce productivity and service consistency, while also creating differentiated human-robot service packages that can be marketed to manpower segment clients as a premium offering.YY Circle Hong Kong: Rapid Scale Following 2025 AcquisitionSince acquiring YY Circle Hong Kong in April 2025, the Company has secured 20 strategic hotel partnerships in the market, including 12 announced in January 2026 and eight additional multi-year service agreements signed in March 2026. As a result, YY Group now projects HKD 100 million in revenue in 2026 for its Hong Kong operations, representing more than 1,000% growth over the partial-year 2025 revenue base. Hong Kong's trajectory provides a clear demonstration of the Company's market entry playbook — acquire a local platform, land premium hospitality clients, build workforce density, and scale rapidly — a model the Company is quickly replicating across its other growth markets.YY Circle Thailand: Deepening Presence in Luxury HospitalityIn March 2026, YY Circle Thailand secured a one-year manpower outsourcing contract with The Landmark Bangkok, one of Thailand's most prominent five-star hotels. The Landmark joins a growing portfolio of internationally recognized hospitality clients in Thailand, including Shangri-La, Banyan Tree, Hyatt, Sheraton, and JW Marriott. Each new partnership strengthens the operational density and workforce utilization needed to build Thailand into a meaningful revenue-contributing market alongside the Company's established subsidiaries in Singapore, Hong Kong, and Malaysia.YY Circle Malaysia: Expanding Beyond Hospitality into RetailYY Circle Malaysia announced plans to expand its retail promoter workforce from approximately 120 personnel to nearly 600 in 2026, which is expected to boost the subsidiary's revenue contribution to approximately US$14 million for the full year. This expansion into the retail sector builds on the subsidiary's earlier success in securing six major hospitality deals in 2025, demonstrating the portability of the Company's workforce model into adjacent high-demand verticals.Singapore: Deepening IFM Client Relationships and Service CapabilitiesIn December 2025, YY Group secured a three-year facility maintenance contract with a major international bank in Singapore, marking the Company's entry into the banking and financial services sector. The multi-year agreement, under which YY Group provides cleaning operations, building maintenance support, and integrated service coordination across the bank's portfolio of facilities, adds a high-quality recurring revenue stream and further diversifies the Company's IFM client base beyond its established presence in hotels, shopping malls, hospitals, and commercial office buildings.Underpinning this client win are several strategic IFM acquisitions completed during 2025, which significantly broadened the Company's service capabilities in Singapore. Property Facility Services Pte. Ltd., a property management firm with 24 years of industry expertise, is projected to contribute US$28 million in revenue over three years. Uniforce Security Pte. Ltd. marked YY Group's entry into Singapore's security market and is projected to contribute US$35 million in revenue over three years. The Company also acquired Pesticide Pest Control Pte. Ltd., adding another essential service vertical. These acquisitions are connected through 24iFM, the Company's unified digital IFM platform. Together, these moves position YY Group to offer bundled facility management solutions through a single integrated provider, supporting deeper client relationships and recurring revenue growth across Singapore's commercial and institutional markets.FY2026 OutlookThese developments contribute to a growing base of contracted revenue and pipeline visibility that supports the Company's FY2026 revenue guidance of US$103 million to US$110 million. YY Group's capital and resources remain focused on scaling its core manpower and IFM operations and investing in the people, technology, and operational infrastructure that drive revenue growth. The Company expects to report full results for fiscal year 2025 on or around April 30, 2026.Mike Fu, CEO of YY Group, said, "Rapid operational progress across our key markets reinforces our confidence in the FY2026 targets we set earlier this month. YY Circle Hong Kong has moved from acquisition to 20 hotel partnerships and a projected HKD 100 million revenue run-rate in under two years — a powerful validation of the market entry playbook that we are now replicating in Thailand, Malaysia and other high-growth markets.""Each new client win and market expansion adds to our contracted revenue base and pipeline visibility, while our technology investments are designed to drive operating efficiency and support higher margins as we scale," Mr. Fu continued. "Our capital and resources are deployed where they generate the highest returns: in our people, our platform, and our client relationships. We remain committed to converting this strong operational momentum into long-term value for our shareholders."About YY Group Holding LimitedYY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
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Original: YY Group Announces Strategic Investment in Arros AI, an NVIDIA Inception Program Member
US Market News
3月前
YY Group Welcomes The Landmark Bangkok to Growing Hospitality Client PortfolioMarch 13, 2026 8:17 AM
PR Newswire (US)
New Manpower Outsourcing Contract Advances Subsidiary YY Circle Thailand's Path to Meaningful Scale, Adds to 2026 Revenue VisibilitySINGAPORE, March 13, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that its Thailand subsidiary, YY Circle (Thailand) Co., Ltd. ("YY Circle Thailand"), has signed a one-year manpower outsourcing contract with The Landmark Bangkok, one of Thailand's most prominent luxury hotels. The agreement further strengthens YY Circle Thailand's growing portfolio of premium hospitality clients and advances the Company's strategy to build Thailand into its next significant manpower revenue contributor alongside its subsidiaries in Singapore, Hong Kong, and Malaysia.
Since joining YY Group in June 2025, YY Circle Thailand has rapidly built a portfolio of internationally recognized hotel clients, including Central Group, CP All, Shangri-La, Banyan Tree, Hyatt, Sheraton, and JW Marriott. The five-star Landmark Bangkok further extends the Company's reach within Thailand's luxury hospitality segment and increases the density of its client base in the Bangkok metropolitan area, driving greater operational efficiency and workforce utilization. The addition of this iconic property to YY Circle Thailand's client roster also reinforces the Company's reputation as a trusted workforce partner to the highest tier of Bangkok's hospitality market.Mike Fu, Chief Executive Officer and Executive Director of YY Group Holding Limited, commented, "Winning The Landmark Bangkok represents another important step in our Thailand growth story. Each new partnership with a world-class hotel property strengthens our operational footprint, deepens our talent pool, and moves us closer to reaching the operational density needed to achieve scale in the Thai market. Thailand represents one of the most compelling hospitality workforce opportunities in Southeast Asia, and our continued investment in regional capacity and operational infrastructure is enabling us to capture these opportunities at an accelerating pace. We are confident that YY Circle Thailand is on a clear trajectory to join our Singapore, Hong Kong, and Malaysia subsidiaries as a core growth engine for our manpower segment."Jirapat Haetanurak, Co-founder and Country Director of YY Circle Thailand, added, "The Landmark Bangkok is one of Thailand's most iconic hotels and a property we are proud to serve. This win reflects premier hospitality operators' growing confidence in our people, our technology-enabled staffing model, and our ability to deliver consistent service quality at scale. With each new client, we are building the operational presence needed to make Thailand a major market for YY Group, and we see significant runway ahead."This client win strengthens YY Group's position in Thailand's premium hospitality workforce market, where rising international tourism and increasing demand for flexible, compliant manpower solutions continue to create attractive growth opportunities. The Company will continue pursuing partnerships with leading hotel brands as part of its broader strategy to scale its Thailand operations and build long-term recurring revenue streams in one of Southeast Asia's most dynamic markets.About YY Group Holding LimitedYY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/yy-group-welcomes-the-landmark-bangkok-to-growing-hospitality-client-portfolio-302713317.htmlSOURCE YY Group Holding Limited
Original: YY Group Welcomes The Landmark Bangkok to Growing Hospitality Client Portfolio
US Market News
3月前
YY Group (NASDAQ: YYGH) Projects FY2026 Revenue Exceeding US$103 Million, Issues First Formal GuidanceMarch 12, 2026 8:07 AM
PR Newswire (US)
SINGAPORE, March 12, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced revenue guidance in the range of US$103 million to US$110 million for the fiscal year ending December 31, 2026. This outlook represents growth of approximately 75% to 90% over the midpoint of the Company's FY2025 revenue estimate of US$57 million to US$58 million and marks its first formal revenue guidance as a Nasdaq-listed company.
This outlook is supported by several key growth assumptions, including:Strong demand and revenue pipeline visibility in overseas markets for the manpower outsourcing segment.Full-year revenue contribution from businesses acquired in 2025.Expansion of contracted IFM client base and service offerings, including bundled facility management solutions.Sustained client retention rates and contract renewals across both manpower and IFM segments.Focused capital deployment toward the Company's core operations, including investments in technology platform development, geographic expansion, and on-demand workforce capacity."We enter 2026 with a significantly larger, more diverse platform and the operational foundation to convert our recent investments into accelerating revenue growth," said Mike Fu, CEO of YY Group. "Our FY2026 guidance is underpinned by an expanded geographic footprint, a maturing portfolio of 2025 acquisitions contributing at full run-rate, and deepening client relationships and strong demand visibility across key markets. Our capital and resources are deployed where they generate the highest returns: in our people, our platform, and our client partnerships. As we scale toward our revenue goals, we expect our model's inherent operating leverage to become increasingly evident, driving meaningful margin improvement and progress on our path to profitability. The strength of YY Group's contracted revenue base – anchored by our established Singapore operations – combined with a robust pipeline of new business across our manpower subsidiaries in Hong Kong, Malaysia, Thailand and other global markets, gives us a clear line of sight to delivering on this outlook."Jason Phua, Chief Financial Officer of YY Group, added, "Our FY2026 revenue targets are supported by a strong contracted revenue base, a clear pipeline of new business, and the full-year contribution of acquisitions completed in 2025. Our capital allocation priorities remain centered on scaling our core manpower and IFM operations and investing in the people, technology, and operational infrastructure that drive our revenue growth. We are focused on translating top-line momentum into improved operating leverage and long-term shareholder value."The above forecast is based on the current market conditions and reflects the Company's current preliminary views and expectations on market and operational conditions and the regulatory and operating environment, as well as customers' and institutional partners' demands, all of which are subject to change. US Dollar ranges are based on a USD/SGD exchange rate of 1.28 as of March 10, 2026.About YY Group Holding Limited
YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/yy-group-nasdaq-yygh-projects-fy2026-revenue-exceeding-us103-million-issues-first-formal-guidance-302711760.htmlSOURCE YY Group Holding Limited
Original: YY Group (NASDAQ: YYGH) Projects FY2026 Revenue Exceeding US$103 Million, Issues First Formal Guidance
US Market News
3月前
YY Group Announces Preliminary Fiscal Year 2025 Financial HighlightsMarch 9, 2026 8:30 AM
PR Newswire (US)
Estimated revenue of US$57 million to US$58 million, up 38.7% to 41.1% YOY Estimated gross profit of US$7.5 million to US$8 million, up 42.6% to 52.1% YOY SINGAPORE, March 9, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced preliminary and unaudited financial results for the fiscal year ended December 31, 2025. These results are subject to final review and will be confirmed when YY Group reports its Management's Discussion and Analysis of Financial Condition and Results of Operations and Unaudited Financial Statements for the year ended December 31, 2025.
Based on management's preliminary review of full year 2025 financial performance, YY Group expects:Revenue in the range of US$57 million to US$58 million, representing growth of approximately 38.7% to 41.1% compared with full year 2024 revenue of US$41.1 million.Gross profit between US$7.5 million to US$8 million, representing growth of approximately 42.6% to 52.1% compared with full year 2024 gross profit of US$5.26 million.Gross margin in the range of 13.2% to 13.8%, compared with full year 2024 gross margin of 12.8%.Mike Fu, CEO of YY Group, commented, "Our preliminary fiscal year 2025 results demonstrate the significant progress we have made in scaling YY Group into a diversified, multi-market workforce outsourcing and facilities management platform. An estimated year-over-year revenue increase of approximately 40% reflects strong growth across both our on-demand staffing and IFM verticals, with meaningful contributions from businesses acquired during the year. Our expanded resource base has enabled us to invest decisively in the regional capacity and operational infrastructure needed to sustain our rapid revenue growth trajectory. We look forward to sharing our complete results and our outlook for 2026 in the coming weeks."Jason Phua, Chief Financial Officer of YY Group, continued, "Estimated full-year revenue growth of approximately 40% underscores our disciplined execution during a year of significant investment and expansion. Gross profit grew in line with or ahead of revenue across our estimated range, and we expect gross margins to remain stable to improving as scale efficiencies continue to increase across our platform. While we continued to invest heavily in new markets, capabilities, and acquisitions throughout the year, the underlying economics of our core business continue to strengthen. We are confident in maintaining this strong momentum heading into 2026."The Company expects to report full results for fiscal year 2025 on or around March 31, 2026. The FY2025 estimates above are based on unaudited management accounts and are subject to finalization upon completion of the annual audit. These estimates are based on a USD/SGD full-year average exchange rate of 1.3056 as of December 31, 2025. About YY Group Holding Limited
YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market in Hong Kong, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
View original content:https://www.prnewswire.com/news-releases/yy-group-announces-preliminary-fiscal-year-2025-financial-highlights-302707746.htmlSOURCE YY Group Holding Limited
Original: YY Group Announces Preliminary Fiscal Year 2025 Financial Highlights
US Market News
3月前
YY Group Projects HKD 100 Million Revenue Milestone in Hong Kong for 2026March 5, 2026 4:10 PM
PR Newswire (US)
Eight New Hospitality Clients Drive Upward Revision to 2026 Hong Kong Revenue EstimateSINGAPORE, March 5, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced a significant expansion of its operational footprint in Hong Kong. Following the execution of eight new multi-year service agreements, building upon the 12 hotel partnerships announced on January 21, 2026, the Company has secured a total of 20 new strategic partnerships in the region. Consequently, the Company expects its Hong Kong operations to achieve a revenue milestone exceeding HKD 100 million in 2026.
This forecast represents a year-over-year revenue surge of over 1,000% compared to the unaudited revenue of HKD 5,281,934 recorded between April and December 2025, an upward revision of the 800% revenue growth projection previously announced in January 2026. The 2025 revenue figure reflects a partial year of operations following the Company's acquisition of its Hong Kong entity in April 2025. The projected 2026 growth is driven by the rapid commercial adoption of the Company's technology-driven manpower model and the scaling of its YY Circle platform.The eight new agreements span landmark luxury hotels, the hospitality portfolio of a prominent regional developer, and exclusive private members' clubs. These multi-year partnerships are expected to generate tens of thousands of staffing assignments annually, providing a high-volume, recurring revenue base for the Company's Hong Kong operations. The Company's rapid scaling in Hong Kong underscores the portability of its platform into new markets."These partnerships validate the strength of our technology-driven labor solutions in one of the world's most demanding markets," said Mike Fu, CEO of YY Group. "As we continue to expand our geographic scale, agreements like these provide long-term, predictable revenue streams that enhance our growth outlook. We are confident that this momentum will carry us past the HKD 100 million revenue mark in 2026, delivering meaningful value to our shareholders."Hong Kong's casual labor sector is currently experiencing a sharp uptick in demand driven by policy changes and favorable economic conditions. As hospitality operators prioritize workforce agility, the Company's flexible deployment capabilities and advanced workforce-management technology position it to capture growing market share. YY Group's customer acquisition momentum demonstrates its increasing strength within one of the world's most competitive hospitality hubs.About YY Group Holding LimitedYY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/yy-group-projects-hkd-100-million-revenue-milestone-in-hong-kong-for-2026-302703496.htmlSOURCE YY Group Holding Limited
Original: YY Group Projects HKD 100 Million Revenue Milestone in Hong Kong for 2026
US Market News
3月前
YY Group Malaysia Subsidiary to Grow Retail Promoter Workforce Fivefold, Targeting US$14 Million in 2026 RevenueMarch 2, 2026 8:30 AM
PR Newswire (US)
Strategic Expansion Deepens Retail Sector Penetration, Strengthening and Diversifying Revenue PipelineSINGAPORE, March 2, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced its subsidiary, YY Circle Malaysia, projects approximately US$14 million in revenue for 2026, driven by an expansion of its retail promoter workforce from 120 to 600 personnel across Malaysian supermarket chains.
Retail promoter staffing is in high demand in Malaysia's large and growing retail sector. The Company's strategic operational expansion in this segment is forecasted to contribute an estimated 15% to 20% increase in revenue for YY Circle Malaysia, making it a meaningful growth driver beyond the subsidiary's hospitality core. The Company will manage this workforce through its proprietary YY Circle platform, delivering trusted, data-driven scheduling, deployment and performance tracking solutions at scale."Our rapid scaling of this specialized retail workforce demonstrates the versatility of our digital platform," said Ken Teng, YY Group's Director of Southeast Asia. "Broadening our presence in Malaysia's retail sector diversifies our service mix and creates a more resilient revenue base, while laying the groundwork for further expansion into additional verticals.""Malaysia was our first overseas market to reach meaningful scale, and growing our retail promoter workforce by fivefold reflects the market's strong demand for our specialized manpower solutions," said Mike Fu, CEO of YY Group. "This expansion not only reinforces our overall revenue growth trajectory for the 2026 fiscal year but also raises YY Circle Malaysia's profile among nationally-recognized brands, paving the way for broader growth."About YY Group Holding LimitedYY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/yy-group-malaysia-subsidiary-to-grow-retail-promoter-workforce-fivefold-targeting-us14-million-in-2026-revenue-302700484.htmlSOURCE YY Group Holding Limited
Original: YY Group Malaysia Subsidiary to Grow Retail Promoter Workforce Fivefold, Targeting US$14 Million in 2026 Revenue
US Market News
4月前
YY Group Holding Announces Total Assets and Net Assets per Share of $1.11 and $0.63, Respectively, as of June 30, 2025February 9, 2026 8:30 AM
PR Newswire (US)
Unaudited Financials Reflect $44.0M in Total Assets and $24.9M in Net AssetsSINGAPORE, Feb. 9, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that, as of June 30, 2025, its unaudited total assets of approximately $44.0 million equated to approximately $1.11 per share of common stock, and its net assets of approximately $24.9 million equated to approximately $0.63 per share.
These estimates reflect preliminary financial data derived from management's period-end closing process as of June 30, 2025. During the period, YY Group continued to execute its growth strategy by broadening its IFM service portfolio through strategic acquisitions and expanding its operational footprint across the casual labor markets within the hospitality and facility services sectors.These estimates have not been reviewed or audited by the Company's independent registered public accounting firm and are subject to normal closing adjustments and review procedures. The Company is providing this information to offer additional transparency regarding its financial position and capital base following a period of strategic growth. These metrics reflect the Company's focus on maintaining a robust balance sheet while scaling its integrated service ecosystem across global markets."The disclosure of our total assets and net asset value per share provides stockholders with a clearer picture of the Company's fundamental strength," stated Mike Fu, Chief Executive Officer of YY Group Holding Limited. "These figures highlight the solid financial foundation we have established as we continue to scale our operations and drive long-term value for our stockholders."About YY Group Holding Limited
YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.For more information on the Company, please visit https://yygroupholding.com/.Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
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Original: YY Group Holding Announces Total Assets and Net Assets per Share of $1.11 and $0.63, Respectively, as of June 30, 2025