tiprankstipranks
Trending News
More News >

YY Group Expands with 24IFM Acquisition, Targets S$17.04 Million Revenue

Story Highlights

Don’t Miss TipRanks’ Half-Year Sale

The latest announcement is out from YY Group Holding Limited Class A ( (YYGH) ).

On June 10, 2025, YY Group Holding Limited announced the acquisition of 24IFM, a property and facility management application, as part of its strategic expansion into the property management sector. This acquisition is expected to diversify the company’s service offerings and generate S$17.04 million in revenue from Singapore’s growing integrated facility management market, which is projected to reach US$4.25 billion by 2030. The move aligns with YY Group’s long-term goal of enhancing its IFM capabilities and providing value-added services to clients, positioning the company to capitalize on the increasing demand for digital transformation in property management.

Spark’s Take on YYGH Stock

According to Spark, TipRanks’ AI Analyst, YYGH is a Neutral.

The overall stock score for YY Group Holding Limited Class A is driven by strong revenue growth and positive technical indicators. However, significant concerns arise from negative profitability metrics and cash flow challenges, as well as high debt levels. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield, impacting the overall investment appeal.

To see Spark’s full report on YYGH stock, click here.

More about YY Group Holding Limited Class A

YY Group Holding Limited is a Singapore-headquartered company providing technology-enabled workforce solutions and integrated facility management (IFM) services across Asia and beyond. The company operates through two core verticals: on-demand staffing and IFM, serving industries such as hospitality, logistics, retail, and healthcare. Leveraging digital platforms and IoT-driven systems, YY Group supports clients in managing labor demands and maintaining high-performance environments, with operations in Singapore, Malaysia, Southeast Asia, Europe, and the Middle East.

Average Trading Volume: 69,303

Technical Sentiment Signal: Strong Buy

Learn more about YYGH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1