Magnitude International turns to FY26 net loss of S$2.33 million; revenue rises 24% to S$19.05 million

• Magnitude International posted revenue of S$ 19.05 million for the fiscal year ended April 30, 2026, up 24%.
• Net results swung to a loss of S$ 2.33 million, versus a profit of S$ 42,980 a year earlier.
• Operating results turned to a loss of S$ 2.21 million, from operating income of S$ 70,863.
• Administrative expenses rose 81.6% to S$ 4.01 million; the increase was primarily linked to S$ 1.79 million in post-IPO advisory fees.
• Other income climbed to S$ 277,976 from S$ 44,781; the increase was primarily attributed to interest income recognized during the year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magnitude International Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-043050), on September 17, 2026, and is solely responsible for the information contained therein.