--- title: "Info Tech Systems SGX ITS Margin Slippage Challenges Bullish High Profitability Narrative" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/277043292.md" description: "Info-Tech Systems (SGX:ITS) reported FY 2025 first half revenue of S$22.4 million and EPS of S$0.0228, showing modest revenue growth of 1.6% but a significant earnings increase of 21.7%. Despite a slight decline in net profit margin from 28.2% to 26.6%, the company maintains strong profitability. With a trailing P/E of 17.2x, below industry averages, analysts target a price of S$1.24, indicating a potential upside from the current S$1.00 share price. Investors are encouraged to consider long-term trends and the balance between earnings growth and revenue performance." datetime: "2026-02-26T12:45:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277043292.md) - [en](https://longbridge.com/en/news/277043292.md) - [zh-HK](https://longbridge.com/zh-HK/news/277043292.md) --- > 支持的语言: [English](https://longbridge.com/en/news/277043292.md) | [繁體中文](https://longbridge.com/zh-HK/news/277043292.md) # Info Tech Systems SGX ITS Margin Slippage Challenges Bullish High Profitability Narrative Info-Tech Systems (SGX:ITS) has just posted its FY 2025 first half numbers, with revenue at S$22.4 million and basic EPS of S$0.0228, compared with S$21.4 million of revenue and S$0.0295 EPS in the first half of FY 2024. Over the trailing twelve months, total revenue moved from S$38.1 million in the second half of FY 2023 to S$56.5 million in FY 2025, while basic EPS shifted from S$0.0466 to S$0.0582. This gives investors a clear view of how the top line and per share earnings have evolved. With net profit margins slightly lower than last year and earnings growth outpacing revenue, the story here is about how efficiently Info-Tech Systems is converting a relatively modest revenue base into profit. See our full analysis for Info-Tech Systems. With the headline results on the table, the next step is to see how these numbers stack up against the key stories investors usually focus on, and where the latest figures reinforce or challenge those views. Curious how numbers become stories that shape markets? Explore Community Narratives SGX:ITS Revenue & Expenses Breakdown as at Feb 2026 ## TTM earnings up 21.7% on modest 1.6% revenue growth - Over the last 12 months, revenue grew by about 1.6% a year while earnings for that period rose 21.7%, so profit expanded much faster than the top line. - Bulls often like this kind of spread between revenue and earnings, and here that view leans on hard numbers: - TTM net income moved from S$10.49 million in the second half of FY 2023 to S$15.02 million in FY 2025, alongside revenue moving from S$38.06 million to S$56.49 million over the same points. - Supporters can point out that even though revenue growth is described as modest at 1.6% a year, the 21.7% earnings lift shows Info-Tech is extracting more profit from each dollar of sales. Strong earnings growth against slower sales can be a key part of the bull story, and it is worth seeing how that is shaping the current debate on Info-Tech Systems. **📊 Read the what the Community is saying about Info-Tech Systems.** ## Margins slip from 28.2% to 26.6% while still staying high - Net profit margin for the trailing 12 months sits at 26.6%, compared with 28.2% the year before, so profitability per dollar of revenue has eased a little while remaining above a quarter of sales. - Critics focus on this margin movement when they question how durable the recent earnings strength really is: - The shift from 28.2% to 26.6% means a smaller share of the larger S$56.49 million revenue pool is dropping to the bottom line than previously, even though total earnings are higher. - For a software name where high margins matter, any margin compression gives bears something concrete to watch, especially when paired with only 1.6% annual revenue growth. ## P/E of 17.2x and analyst target of S$1.24 vs S$1.00 price - Info-Tech trades on a trailing P/E of 17.2x, below the Asian software industry average of 22.9x and a peer average of 28.4x. Analysts’ S$1.24 price target sits above the current S$1.00 share price and implies about 24% upside. - What stands out is how this valuation discussion balances against the growth profile: - On one side, the lower P/E than industry and peers supports the idea that the stock is priced more cheaply relative to its earnings than many software names, even after a 21.7% lift in earnings over the past year. - On the other, revenue and earnings are both forecast to grow more slowly than the broader Singapore market, at 1.6% and 2.2% per year respectively versus 4.4% and 7.4%. Any case that the shares deserve a higher multiple rests on investors being comfortable with that slower growth profile. ## Next Steps Don't just look at this quarter; the real story is in the long-term trend. We've done an in-depth analysis on Info-Tech Systems's growth and its valuation to see if today's price is a bargain. Add the company to your watchlist or portfolio now so you don't miss the next big move. If this combination of stronger earnings and softer margins leaves you undecided, review the underlying numbers yourself and determine your own view. To see what the optimism in the data refers to, take a closer look at the 4 key rewards. ## See What Else Is Out There Info-Tech Systems pairs a 17.2x P/E and high margins with only 1.6% revenue growth and slightly softer profitability, which may not suit growth-focused investors. If you want revenue and earnings profiles that feel more compelling, check out our 229 high quality undervalued stocks that highlight companies where pricing may better reflect their growth potential. _This article by Simply Wall St is general in nature. **We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.** It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned._ ### **New:** AI Stock Screener & Alerts Our new AI Stock Screener scans the market every day to uncover opportunities. • Dividend Powerhouses (3%+ Yield) • Undervalued Small Caps with Insider Buying • High growth Tech and AI Companies Or build your own from over 50 metrics. 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