Slide 1: FY2025 Unaudited Financial Results
FY2025 Unaudited Financial Results Toku Ltd [SGX Catalist: TKU] The AI-Powered Customer Experience Platform for Complex Markets 01 March 2026
Slide 2: Important Notice
Important Notice This presentation is prepared by Toku Ltd. (the "Company") and is Toku Ltd. (the "Company") was listed on Catalist of the for information purposes only. It does not constitute or form part Singapore Exchange Securities Trading Limited (the of an offer, solicitation or invitation to
Slide 3: Agenda
1 FY2025 Key Highlights Agenda 2 Revenue Performance 3 Profitability & Cost Discipline 4 Balance Sheet & Capital Structure 5 Cash Flow & IPO Proceeds 6 Commercial Momentum 7 Strategic Outlook
Slide 4: FY2025 Key Highlights: Delivering Growth with Operational Discipline
Total Revenue Usage Revenue Growth US$34.8M +21.0% FY2025 KEY HIGHLIGHTS +9.3% YoY US$23.9M Delivering Growth with Operational Discipline Adjusted EBITDA1 Underlying OPEX (US$3.3M) (7.5%) +17.8% improvement 33.9% of revenue Adjusted Net Loss1 Cash Position (US$4.2M) US$2.0M +8.5% improvement +58.2%
Slide 5: Continued Top-Line Growth Driven by Usage
REVENUE PERFORMANCE Continued Top-Line Growth Driven by Usage Annual Revenue (US$) Revenue by Stream (FY2025) +9.3% Stream Revenue Mix YoY (US$M) Usage 23.9 68.8% +21.0% 34.8M Subscriptions & 5.6 16.2% +0.6% 31.8M Licensing Professional Services 2.4 7.0% (25.6%) Maintenance & Support 2.6 7.4% (12.2%
Slide 6: Revenue Mix Shift Compressing Blended Margins
PROFITABILITY & COST DISCIPLINE Revenue Mix Shift Compressing Blended Margins Gross Profit & Margins Identified Margin Improvement Levers AI-Enhanced Services FY2024 FY2025 Higher-margin transcription, summarisation, and sentiment analysis on consumption basis US$8.7M US$8.4M 27.4% margin 24.3% marg
Slide 7: Strongest Full-Year EBITDA Performance to Date
PROFITABILITY & COST DISCIPLINE Strongest Full-Year EBITDA Performance to Date Adjusted EBITDA Reconciliation Adjusted Net Loss Reconciliation FY2025 FY2024 FY2025 FY2024 (US$) (US$) (US$) (US$) (Unaudited) (Audited) (Unaudited) (Audited) Reported EBITDA (8.5M) (4.4M) Reported Net Loss (US$) (9.1M)
Slide 8: Underlying Cost Discipline Despite Revenue Growth
PROFITABILITY & COST DISCIPLINE Underlying Cost Discipline Despite Revenue Growth 9.21 Operating Expenses (US$M) 8.52 OPEX-to-Revenue FY2024 (Audited) 33.9% FY2025 (Unaudited) down from 40.1% 1.99 2.06 (6.2pp) improvement 0.48 0.17 0.47 0.42 0.50 0.51 0.09 0.12 Headcount Infrastructure & Office Prof
Slide 9: Post-IPO Transformation of Capital Structure
BALANCE SHEET & CAPITAL STRUCTURE Post-IPO Transformation of Capital Structure Balance Sheet Snapshot (31 Dec 2025) Post-Balance Sheet Events FY2025 FY2024 (US$) (US$) 13 Jan 2026 (Unaudited) (Audited) Convertible loans converted US$7.1M FVPL liability eliminated Total Assets 16.1M 15.1M Non-current
Slide 10: Improved Working Capital Management
CASH FLOW & IPO PROCEEDS Improved Working Capital Management FY2025 FY2024 (US$) (US$) (Unaudited) (Audited) Operating Cash Flow (4.0M) (3.8M) Improved net working capital by +US$1.5M Investing Cash Flow (1.7M) (2.2M) Platform development US$1.1M; Activeo SEA deferred US$0.6M Financing Cash Flow 6.9
Slide 11: SGD16.25M Gross Proceeds: Allocation & Status
CASH FLOW & IPO PROCEEDS SGD16.25M Gross Proceeds: Allocation & Status 16% Use Allocated Utilised Balance Listing 24% (S$ ‘000) (S$ ‘000) (S$ ‘000) Expenses Platform & Technology Platform & Technology 3,863 - 3,863 Cash Reserve 1,996 - 1,996 Strategic M&A & Corporate 4,551 - 4,551 20% Loan Repayment
Slide 12: FY2025 Leading Indicators
COMMERCIAL MOMENTUM FY2025 Leading Indicators As a platform serving enterprise customers in complex markets, Toku's sales cycles typically span multiple quarters. Commercial activity in FY2025 provides forward-looking visibility into revenue recognition in the periods ahead. New Business Value ▲ Gro
Slide 13: FY2026 Priorities and Market Outlook
STRATEGIC OUTLOOK FY2026 Priorities and Market Outlook Growth Priorities Key Factors to Watch AI Monetisation at Scale Pace of enterprise AI adoption and Accelerate adoption and revenue contribution of Core AI Suite monetisation and Agentic AI capabilities across enterprise customers Channel partn
Slide 14: Positioned for Scalable, Profitable Growth
WHY TOKU Positioned for Scalable, Profitable Growth Proven Growth Engine AI-First Platform Complex Market Moat Path to Profitability 9.3% revenue growth to Core AI Suite deployed 38 countries across APAC, Adjusted EBITDA US$34.8M with enterprises LATAM, MENA, and Europe improving 17.8% Multi
Slide 15: Questions & Answers
Questions & Answers Send in your questions via the QR code / link
Slide 16: Thank You
Thank You investors.toku.co | investor.relations@toku.co | SGX Catalist: TKU