Pulse Investments Limited (PULS)
Audited financials for the year ended June 30, 2025:
Pulse Investments Limited (PULS) for the year ended June 30, 2025, reported an 81% decrease in Turnover totaling $157.49 million compared to $815.10 million in the corresponding period last year.
Other impairment losses amounted to $133.76 million (2024: losses of $262.09 million). this represents a decrease of 49% year over year.
Administrative and other expenses decreased by 67% to $93.04 million compared to $284.69 million for the year ended June 30, 2024.
Impairment losses on financial assets decreased by 95% to close at $2.58 million (2024: losses of $49.49 million).
Unrealized fair value gains increased by 6% from $388.73 million in 2024 to $410.36 million in the period under review.
Other operating income for the year ended June 30, 2025, amounted to $5.51 million, a 1678% increase relative to $310,000 reported in 2024.
Consequently, Operating profit for the year ended June 30, 2025, amounted to $343.99 million, a 43% decrease relative to $607.57 million reported in 2024.
Finance Cost totalled $11.50 million a 12% decrease from the corresponding period last year. (2024: $13.11 million).
Pre-tax Profit for the year ended June 30, 2025, amounted to $332.48 million, a 44% decrease relative to $594.77 million reported in 2024.
Tax credit for the year ended June 30, 2025, amounted to $25.17 million (2024: Tax charge of $51.51 million). As such, Net Profit for the year amounted to $357.65 million, a 34% decrease from the $542.95 million reported in 2024. For the fourth quarter, Net Loss was $133.55 million (2024: Net loss of $914.40 million).
Consequently, Earnings Per Share for the year amounted to $0.05 (2024: EPS: $0.08). The twelve-month trailing EPS was $0.05, and the number of shares used in these calculations was 6,522,952,176.
Notably, PULS’s stock price closed the trading period on November 17, 2025, at a price of $1.18 with a corresponding P/E ratio of 21.52x.
Balance Sheet Highlights
The company’s assets totalled $12.10 billion (2024: $11.82 billion). The movement in total assets was mainly due to a $478.61 million increase in Investment Property and a $133.76 million downturn in Advertising Entitlements.
Shareholder’s equity was $9.61 billion (2024: $9.26 billion), representing a book value per share of $1.47 (2024: $1.42).
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