YYForce Reports 26.8 Pct Revenue Growth In 1H 2026
KUALA LUMPUR, Sept 25 (Bernama) -- YYForce Inc (YYForce), an artificial intelligence (AI)-enabled workforce management platform and integrated facility management (IFM) provider, reported a 26.8 per cent year over year (yoy) increase in revenue to US$32.66 million for the first half (1H) of 2026 from US$25.75 million. (US$1 = RM4.08)
In a statement, YYForce said manpower outsourcing revenue rose 62.4 per cent to US$15.55 million, while IFM revenue increased 11.1 per cent to US$16.06 million.
The company views the continued expansion of its workforce and IFM businesses as the operating foundation for its “YYForce 2030 Vision”, a long-term strategy to build an integrated workforce ecosystem connecting human workers, AI, humanoid robots and specialised service robotics.
“As we move toward 2030, we expect YYForce to evolve from a labour-intensive service provider toward an integrated workforce service provider ready for the future, focusing on margin improvement, operating efficiency and disciplined capital allocation to create value for our stakeholders,” said YYForce Chief Executive Officer, Mike Fu.
Despite the revenue growth, gross profit fell to US$3.30 million from US$4.27 million, while gross profit margin narrowed to 10.1 per cent from 16.6 per cent, primarily due to higher labour costs.
Operating loss narrowed 32.2 per cent yoy to US$5.21 million from US$7.68 million, primarily reflecting the absence of a US$4.06 million impairment loss on intangible assets recognised in the prior-year period.
The company’s operating loss as a percentage of revenue improved to 15.9 per cent from 29.8 per cent, while net loss narrowed 13.8 per cent to US$7.06 million from US$8.20 million.
As of June 30, 2026, YYForce had approximately US$3.08 million in cash, while total equity increased to US$25.36 million from US$13.61 million at Dec 31, 2025, primarily reflecting US$18.55 million in proceeds from its At-The-Market equity offering.
On Sept 22, YYForce announced its 2030 Vision, which outlines a roadmap integrating human workforce capabilities, AI-enabled workforce management, smart facility management technologies, automation and robotics.
The company said it intends to maintain disciplined capital allocation while prioritising liquidity, working capital and existing operations, and use partnerships, leasing arrangements and customer pilot programmes to limit upfront capital commitments.
-- BERNAMA