Singapore-based Advancer Global reported revenue of SGD 33.7 million (USD 25.1 million) for the second half-year period ended 31 December 2023. Revenue increased by 6.7% when compared to the prior-year period. Advancer published its results yesterday after markets closed.
Advancer Global announced it is exploring a spin-off of its subsidiaries, Advancer IFM Pte. Ltd. and Advancer Smart Technology Pte. Ltd. (AST), on Nasdaq.