iOThree Limited Ordinary Shares
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $6.0M
- Price
- $2.48
- % Change (Daily % change from the live per-ticker quote feed.)
- -9.16%
- Volume
- 7.6K
About
iOThree Limited is a Singapore-based provider of maritime digital technologies, including satellite connectivity and digitalization solutions, aimed at facilitating the maritime industry’s digital transformation.
Quick stats
Shares outstanding2.4M
Computed float644.0K
Float / shares26.8%
Key info
SectorCommunication Services
IndustryTelecommunications Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001997637
Websitehttps://io3.sg
AI Summary
AI-generated1/2
standardmixedearnings
iOThree Limited Chairman and CEO Letter to Shareholders
iOThree reported FY2026 revenue of US$14.7 million, representing 40.0% year-over-year growth, while gross profit increased 68.4% to US$3.2 million driven by edge computing and SaaS segments. Gross profit margin improved to 21.4%, though the company recorded a net loss of US$1.2 million, which management attributed primarily to listing and compliance expenses.
Despite absorbing one-off listing costs, operating margins improved, and management highlighted a favorable industry backdrop with growing demand for maritime digital solutions in Asia. However, the company noted that a global memory shortage affected server supplies and resulted in softer performance in Q2.
Looking ahead, iOThree plans to launch a shipboard digital bulletin board service in Q3 2026 and expand into Japan by early Q4 2026. The company expects momentum to continue into FY2027, supported by regulatory requirements and declining satellite communication costs.
Red flags
- Recorded net loss of US$1.2 million for FY2026
- Softer performance in Q2 attributed to global memory shortage affecting server supply