Q3 RESULTS Highlights
Quarter Ending September 30, 2025
1GS delivered solid year-over-year growth in Q3 2025, with revenue increasing 16.7% to J$100.5 million, a sign of good momentum from the “House of Brands” strategy and expansion across new business lines.
Income Statement Highlights
Revenue grew 16.7% year-over-year to J$100.5 million, signalling strong performance across the company’s expanding
portfolio. The Company recorded a Net Loss of J$5.8 million, reflecting margin compression due to shifts in the revenue mix and increases in operational expenses related to strategic investments in our shared services model.
| JMD (millions) | 9M 2024 | 9M 2025 | Q3 2024 | Q3 2025 |
|---|---|---|---|---|
| Revenue | 261.5 | -5.4% | 86.1 | 100.5 |
| Operating Profit | 29.4 | -12.4 | 7.1 | -5.5 |
| Net Profit | 30.6 | -21.2 | 7.0 | -5.8 |
| Operating Profit Margin | 11.2% | -4.4% | 8.3% | -5.4% |
J$100.5M
Q3 Revenue
16.7%
Q3 YoY Growth
J$281.9M
YTD Revenue
Balance Sheet Highlights
The balance sheet shows continued growth and stability, with Total Assets increasing 4.3% year-over-year to J$683.7 million. Total Equity stands at J$589.3 million.
| JMD (millions) | Q3 2024 | Q3 2025 |
|---|---|---|
| Cash & Short-Term Investments | 244.0 | 157.4 |
| Total Assets | 655.4 | 683.7 |
| Total Liabilities | 52.1 | 94.5 |
| Total Debt | 16.0 | 14.2 |
| Total Equity | 603.4 | 589.3 |
J$683.7M
Total
Assets
J$589.3M
Total
Equity
2.9x
Cash Ratio
(inc. invs.)
Credit Quality, Liquidity, & Cashflow
1GS maintains a strong liquidity position with a Cash Ratio of 2.9 times, indicating solid coverage of short-term obligations. Cash and Short-Term Investments totalled J$157 million in Q3 2025, indicative of active reinvestment in growth initiatives.