YYForce Eyes Sustained Profitability On Robotics, Workforce Automation

KUALA LUMPUR, Nov 10 (Bernama) -- Nasdaq-listed workforce and facility management provider, YYForce Inc (YYForce) announced it is moving towards sustained profitability and positive operating cash flow, although it did not disclose any financial figures.

YYForce, which operates in Singapore, Malaysia and other Southeast Asian markets, said its Workforce OS and 24iFM smart estate platforms are improving efficiency across its operations.

“Today, our operational momentum has brought us to a clear financial inflection point. With disciplined cost controls, robust recurring revenue, and an optimised balance sheet, YYForce is uniquely positioned to deliver sustainable profitability and enduring shareholder value,” said YYForce Founder, Chairman and Chief Executive Officer, Mike Fu.

In a statement, Fu said the company’s robotics and artificial intelligence-based scheduling were helping clients in facility operations and hospitality address labour shortages while improving its gross margins.

The company said wider customer adoption in hospitality, commercial property and facility management had expanded its margins, moving its consolidated results towards net profitability under generally accepted accounting principles (GAAP).

YYForce said it had positive operating cash flow, helped by faster collection of payments and recurring software and service contracts, and that it eliminated certain debt instruments earlier this year as part of a balance sheet restructuring.

For fiscal 2027, YYForce said it would focus on winning more enterprise contracts, controlling operating costs and expanding into other markets in Southeast Asia and the wider Asia-Pacific region.

-- BERNAMA