ISOTeam's revenue for the half year ended Dec 2025 was down 18.9% y-o-y to $53 million. However, thanks to improved margins, earnings for the same 1HFY2026 was up 70% to $3.3 million.
ISOTeam attributes the better showing to cost savings enjoyed after it housed some of its workers in its own premises instead of leasing dormitory space elswehere.
Executive director and CEO Anthony Koh says the 1HFY2026 revenue is a reflection of the timing of project completions.
For the current 2HFY2026, the company expects revenue recognition in line with the scheduled completion of projects that are currently underway.
Koh says he is "very pleased" with the "significant" cost savings enjoyed from housing his workers in a converted floor of the company's headquarters.
"At the same time, we continue to maintain a robust order book through our tender activities," says Koh.
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With recent contract wins of some $26.5 million announced in January, ISOTeam's order book, as of Feb 11, has reached $176.2 million.
Going forward, Koh expects to benefit from more construction demand with a pick up in the number of tenders up for grabs.
Meanwhile, the company is pushing ahead to deploy productivity boosting measures such as its fleet of drones for façade inspections and façade washing, followed by painting drones in the second quarter of 2026.
ISOTeam shares closed at 8.8 cents on Feb 11, up 6.02% for the day.
