SBC MEDICAL Q3 2025 NET PROFIT SOARS 353 PCT AMID REVENUE DECLINE

KUALA LUMPUR, Nov 17 (Bernama) -- SBC Medical Group Holdings Inc (SBC Medical) reported total revenue of US$43 million for the third quarter (Q3) of fiscal 2025, down 18 per cent year-on-year for the period ended Sept 30. (US$1=RM4.12)

SBC Medical Chairman and Chief Executive Officer, Yoshiyuki Aikawa attributed the revenue decline to past business restructuring, including revised franchise fees and deconsolidation of certain group entities.

“Meanwhile, rental revenue remained solid, supported by the renewal of medical equipment, and the consolidation of AHH contributed positively to overall performance,” he said in a statement.

Aikawa emphasised SBC Medical’s focus on sustainable growth into 2026, highlighting plans to expand multi-brand dermatology initiatives, strengthen overseas operations, and deliver high-quality solutions to clinics and patients.

Net income attributable to SBC Medical jumped 353 per cent to US$13 million, up from US$3 million in Q3 2024, translating to earnings per share of US$0.12, compared to US$0.03 a year earlier. Income from operations rose 15 per cent to US$16 million, with a margin of 37 per cent.

These improvements were mainly driven by the absence of initial public offering (IPO)-related and stock-based compensation expenses recorded in the prior year.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter increased 12 per cent to US$17 million, reflecting lower operating expenses offsetting revenue reductions from staffing service terminations and the deconsolidation of Kijimadairakanko Inc and Skynet Academy Co Ltd.

The company reported a total of 258 franchise locations as of Sept 30, up 34 from the previous year. The number of customers served in the last 12 months was 6.5 million, representing a 14 per cent year-over-year increase. The repeat rate for customers visiting franchisee clinics twice or more was 72 per cent.

A comprehensive medical group operating a wide range of franchise businesses across diverse medical fields, SBC Medical manages a diverse portfolio of clinic brands and is actively expanding its global presence, particularly in the United States and Asia.

-- BERNAMA