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The latest announcement is out from HK Acquisition Corp. ( (HK:2562) ).
Synagistics Limited reported a sharply reduced annual loss for 2025, with net loss narrowing to SGD51.5 million from SGD269.8 million, as cost optimization and operational efficiency offset the impact of lower revenue. Revenue fell to SGD83.9 million from SGD101.9 million, largely due to the Group’s deliberate transition away from some direct-to-consumer product sales and a changing revenue mix.
Despite the top-line decline, D2B revenue remained resilient at 33.2% of Group revenue, underlining sustained demand for its digital commerce solutions from brand partners. The Group’s adjusted EBITDA loss held broadly stable at SGD3.8 million, reflecting improved cost discipline and a strengthened operational foundation.
During the year, Synagistics advanced its technology roadmap with the launch of Geene, an enterprise AI platform integrating large language models, blockchain and data analytics to deliver secure, scalable solutions. It also rolled out ShopHK, a cross-border e-commerce platform aimed at helping Hong Kong enterprises expand into Southeast Asia via its integrated digital commerce infrastructure.
The company deepened its role in regional trade by entering strategic partnerships to build a digital trade corridor linking China, Central Asia and Southeast Asia with AI-powered commerce tools to boost cross-border efficiency. Its Digital Finance Group began exploring tokenization, digital asset issuance and programmable settlements to enhance transparency and efficiency in cross-border transactions.
Management signaled an ongoing focus on technology innovation, strategic partnerships and disciplined execution to reinforce the digital commerce ecosystem it is building. With an expanding suite of tech solutions and a growing regional presence, Synagistics positions itself to capture new growth opportunities and potentially strengthen its competitive standing in Asia’s evolving digital trade and finance landscape.
More about HK Acquisition Corp.
Synagistics Limited, listed on Hong Kong’s Main Board, operates a digital commerce ecosystem focused on D2B solutions and evolving away from certain direct-to-consumer product sales. The Group develops AI-driven and blockchain-enabled platforms, cross-border e-commerce services, and digital finance solutions to support brands and enterprises across Hong Kong, China, Central Asia, Southeast Asia and other regional markets.
Average Trading Volume: 103,871,434
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.37B
See more insights into 2562 stock on TipRanks’ Stock Analysis page.