Coliwoo’s PATMI surges 62.9% to $22m in FY2025

This is thanks to the demand for co-living business.

Coliwoo Holdings Limited posted a core profit after tax and minority interests of $22.920m in FY2025, representing a surge of 62.9% over the previous year.

This performance reflects continued demand for the co-living business, Coliwoo said in a release. It excluded non-operational items such as fair value adjustments and IPO listing expenses.

Coliwoo’s gross profit rose by 5.5% to $33.078m and its gross profit margin increased by 11% to 71% during the period.

The business’s net profit attributable to equity holders, however, declined by 51.4% to $15.047m, which also decreased the earning per share at the same rate to $4.82 per share.

It also saw increased income from rentals and management services. Its rental income from owned properties grew by 23.9% to $7.5m whilst rental income from leased properties increased by 4.9% to $32.4m.

Management services income saw growth of over 100% to $3.5m, which Coliwoo said was spurred by the onboarding of new properties and an improved average occupancy rate across its portfolio.

Coliwoo’s occupancy rate stood at 96.1% during FY2025. 

Coliwoo aims to grow its portfolio from 2,933 rooms as of end-September 2025 to nearly 4,000 rooms in Singapore by the end of 2026, it said in a release.