IFAST Corporation Ltd

Chart & Performance

D1W1MN

P/E

31.49

P/S

6.18

EPS

0.22

Div Yield, %

0.61%

Shrs. gr., 5y

2.23%

Rev. gr., 5y

22.04%

Revenues

339m

+32.33%

Net income

67m

+135.71%

CFO

671m

+145.45%

Dividend

May 08, 20250.016 SGD/sh

Earnings

Apr 25, 2025

Profile

iFAST Corporation Ltd. provides investment products and services in Singapore, Hong Kong, Malaysia, and China. The company operates through Business-to-Business (B2B), Business-to-Consumer (B2C), and Business-to-Business-to-Consumer (B2B2C) divisions. The B2B division operates iFAST Central that includes a range of services, including investment administration and transactions services, research and trainings, IT services, and backroom functions to banks, financial advisory firms, and financial institutions. It also operates iFAST Global Prestige, an investment platform designed to meet the requirements of high net worth individuals, as well as the wealth advisers servicing them; and iFAST Pensions that delivers tax-effective employee benefit solutions to multinational companies and its employees comprising expatriates, as well as assists companies to administer pension schemes for its employees through an Internet platform. In addition, this division operates iFAST Global Markets that provides investors with transparent adviser-assisted wealth management plans. The B2C division offers a distribution and transactional platform for investors through its Fundsupermart.com Website that offers a range of investment products, transparent fees structure, tools to compare investments, customer services support, and research advice. The B2B2C division provides fintech solutions to institutional clients to develop and enhance its capabilities. The company also operates bondsupermart.com, a regional bond information portal that provides bond information and research for investors and wealth advisers. iFAST Corporation Ltd. was incorporated in 2000 and is headquartered in Singapore.

URL

https://www.ifastcorp.com/

IPO date

Dec 11, 2014

Employees

1,189

Domiciled in

Incorporated in

Valuation

Order:

Title SGD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title SGD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	339,479 32.33%	256,540 24.95%	205,308 -5.04%
Cost of revenue	183,697	155,066	89,885
Unusual Expense (Income)
NOPBT	155,782	101,474	115,422
NOPBT Margin	45.89%	39.55%	56.22%
Operating Taxes	17,197	9,567	5,414
Tax Rate	11.04%	9.43%	4.69%
NOPAT	138,585	91,907	110,008
Net income	66,631 135.71%	28,269 340.07%	6,424 -79.03%
Dividends	(16,982)	(14,181)	(14,062)
Dividend yield	0.75%	0.57%	0.80%
Proceeds from repurchase of equity	(2,427)	(738)	101,091
BB yield	0.11%	0.03%	-5.73%
Debt
Debt current	28,999	43,784	18,129
Long-term debt	160,199	31,251	16,479
Deferred revenue			50,276
Other long-term liabilities		3,342	(50,276)
Net debt	(401,901)	(418,821)	(128,870)
Cash flow
Cash from operating activities	671,284	273,486	47,399
CAPEX	(9,763)	(21,862)	(15,006)
Cash from investing activities	(465,365)	(66,532)	(16,613)
Cash from financing activities	51,265	(1,851)	90,915
FCF	121,058	(125,698)	238,002
Balance
Cash	1,061,705	460,478	192,841
Long term investments	(470,606)	33,378	(29,362)
Excess cash	574,125	481,029	153,213
Stockholders' equity	276,237	257,438	274,213
Invested Capital	191,296	67,546	98,054
ROIC	107.08%	111.00%	110.19%
ROCE	33.05%	31.70%	45.42%
EV
Common stock shares outstanding	306,870	304,651	301,856
Price	7.41 -9.74%	8.21 40.58%	5.84 -30.48%
Market cap	2,273,906 -9.09%	2,501,181 41.88%	1,762,838 -26.93%
EV	1,870,197	2,089,540	1,684,669
EBITDA	183,562	124,939	136,235
EV/EBITDA	10.19	16.72	12.37
Interest	32,302	793	1,193
Interest/NOPBT	20.74%	0.78%	1.03%