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Singapore IoT firm iWOW posts H1 loss as revenue falls 12%

Singapore-listed Internet of Things company iWOW Technology reported first-half FY2027 revenue of S$16.8 million (US$13.1 million), down 12% year on year, and a net loss of S$700,000 (US$546,000). The company cited a softer smart city infrastructure business and delays in tender and contract awards.

Infrastructure-as-a-service revenue rose 18% due to AgeTech deployments. The Gentle Group contributed S$2.3 million (US$1.8 million) in the three months after its acquisition. iWOW announced the deal on April 30, 2026, and linked it to the longevity economy and AgeTech.

iWOW said its order book stood at about S$127 million (US$99.2 million) as of October 31, 2026.

The company also said it completed a fully subscribed S$15 million (US$11.7 million) placement in July 2026, after proposing it in June 2026. It also received an electronic monitoring system purchase order worth about S$3 million (US$2.34 million) from a government organization in the Middle East.

🔗 Source: iWOW Technology Limited

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