Business
Concorde International Group Reports 11% Year-over-Year Revenue Growth to $6.0 million for H1 of 2025
Gross profit increased 30% year-over-year to $1.9 million for H1 2025, compared to $1.5 million for the same period last year Gross margin increased 450 basis
About this update from Concorde International Group Ltd
[{"type":"text","content":"Gross profit increased 30% year-over-year to $1.9 million for H1 2025, compared to $1.5 million for the same period last year Gross margin increased 450 basis points to 31.5% for H1 2025, compared to 27.0% for the same period last year SINGAPORE, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Concorde International Group Ltd. (NASDAQ: CIGL) (“Concorde” or the “Company”), an integrated security services provider that combines physical manpower and innovative technology to deliver effective security solutions, today announced financial results and provided a business update for the first half of 2025 (H1 2025) ended June 30, 2025. H1 2025 Financial Highlights Revenue increased by approximately 11%, to approximately $6.0 million for H1 2025, compared to approximately $5.4 million for H1 2024Gross profit increased by approximately 30% to $1.9 million for H1 2025, compared to approximately $1.5 million for H1 2024Gross margin increased 450 basis points to 31.5% for H1 2025, compared to 27.0% for the same period last year Swee Kheng (Alan) Chua, Chairman and Chief Executive Officer of Concorde, commented, “Our first half 2025 results demonstrate the continued strength of our business. Revenue increased approximately 11% year-over-year to $6.0 million, while gross profit grew 30% to $1.9 million. Importantly, gross margin increased by 450 basis points to 31.5%, compared to 27.0% in the prior year period. We anticipate strong year-over-year growth in the second half of the year, driven by our strategy of scaling high-margin recurring revenue through the continued deployment of our i-Guarding services.” “Looking ahead, we plan to expand internationally into Malaysia, Australia, and North America through partnerships with established local providers to address rising labor costs and the growing demand for smart, tech-enabled solutions. Our recent acquisition of Software Risk’s assets further strengthens our technology portfolio with a ready-to-deploy, cloud-based platform that enhances productivity, reduces costs, and streamlines operations for customers. By integrating these capabilities with our core security services, we are confident in our ability to scale recurring revenue, drive operational efficiencies, and deliver long-term value for our business and our shareholders.” Financial Overview Revenue increased approximately 11% to $6.0 million fo...