Addvalue Technologies Ltd 2024 AR2

The report highlights Addvalue Technologies Ltd's financial turnaround in FY2024, achieving a post-tax profit of US$278,000 and a 69% revenue growth to US$12.8 million, driven by its Space Connectivity and Advanced Digital Radio businesses. In sustainability, the company integrated ESG factors into its operations, focusing on fisheries sustainability through its VMS and environmental monitoring via IoT solutions. Addvalue screened 100% of its new suppliers using environmental and social criteria, with 94% passing the environmental assessment. Additionally, the company improved its workforce training, with average training hours per employee increasing by 90% to 39 hours.

Company: Addvalue Technologies Ltd

Sector: Information Information Technology

Country: Singapore

Year: 2024

Type: AR2

Pages: 175

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Addvalue Technologies Ltd

Addvalue Technologies Ltd 2024 Annual Report

Annual Report

The report highlights Addvalue Technologies Ltd's financial turnaround in FY2024, achieving a post-tax profit of US$278,000 and a 69% revenue growth to US$12.8 million, driven by its Space Connectivity and Advanced Digital Radio businesses. In sustainability, the company integrated ESG factors into its operations, focusing on fisheries sustainability through its VMS and environmental monitoring via IoT solutions. Addvalue screened 100% of its new suppliers using environmental and social criteria, with 94% passing the environmental assessment. Additionally, the company improved its workforce training, with average training hours per employee increasing by 90% to 39 hours.

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Document Details

Report Year

2024

Reporting Period

Apr 1, 2023 - Mar 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women on Board

Women in Management

Employees