Ifast Corporation Ltd · SGX:AIY
Ifast — 3Q2026 Earnings Presentation
58 slides from Ifast's earnings presentation, Oct 26, 2026
Slide 1: 3Q2026 & 9M2026 Results Presentation
iFAST Corporation Ltd. 3Q2026 & 9M2026 Results Presentation 26 October 2026 iFAST Corporation Ltd. | 3Q2026 Results Presentation
Slide 2: Disclaimer
Disclaimer This presentation should be read as an overview of iFAST Corporation Ltd.’s (“iFAST Corp” or the “Company”, and together with its subsidiaries, the “Group”) current business activities and operating environment. This presentation should not be solely relied upon by current and potential i
Slide 3: Contents
Contents Key Summary & AUA Update Pg. 4 3Q2026 Performance Business Update I Pg. 10 Updates on iFAST Global Bank, Dividend and Individual Markets Financial Results II Pg. 16 Revenue, Profit, Margins, Geographical Segments, Recurring And Non-recurring Net Revenue Performance Trends III Pg. 28 Financi
Slide 4: Key Summary
Key Summary • In 3Q2026, the Group posted a 24.5% YoY increase in net profit to S$32.37 million, on the back of a 23.0% YoY increase in total revenue to S$167.01 million. The increase in profitability was driven mainly by the Group’s core wealth management platform business and iFAST Global Bank (“t
Slide 5: Key Summary: Strong Growth Across the Board in 3Q2026
Key Summary Strong Growth Across the Board in 3Q2026 S$167.01m S$32.37m S$51.59m Total Revenue Net Profit EBITDA1 +23.0% YoY +24.5% YoY +22.8% YoY S$36.76 billion S$1.24 billion 3.20 cents per ordinary share Group AUA (new quarter-end record high) Net Inflows Third Interim Dividend FY2026 +20.0% YoY
Slide 6: Group AUA Trend
Group AUA Trend S$ million $40,000 $35,000 S$36.76 billion as at 30 Sep 2026 $30,000 +1.74% +20.0% QoQ growth YoY growth $25,000 B2B +18.3% YoY growth $20,000 S$23.60 billion $15,000 B2C +23.4% YoY growth $10,000 S$13.16 billion $5,000 Record high quarterly AUA across Singapore, Malaysia, Hong Kong,
Slide 7: AUA Breakdown: Markets & Products (YoY)
AUA Breakdown: Markets & Products (YoY) As at 30 September 2026 AUA Breakdown By Markets AUA Breakdown By Products 8.9% 8.1% 11.7% 7.1% 9.0% 27.5% 10.9% 23.4% 11.3% 70.7% 55.8% 11.5% 11.8% 3Q2025 3Q2025 3Q2025 55.5% 68.7% 8.1% 3Q2026 3Q2026 Singapore Hong Kong Malaysia Others (China & UK) Unit Trust
Slide 8: Net Inflows Trend
Net Inflows Trend S$ million $5,000 $4,717 $4,500 S$3.80 billion For 9M2026 $4,000 $3,745 $3,803 $3,717 $3,500 $3,160 $3,296 +2.3% YoY growth $3,000 $2,500 1Q2026: S$1.25 billion $2,104 2Q2026: S$1.31 billion $1,957 3Q2026: S$1.24 billion $2,000 $1,500 Net inflows include $942 $976 investment produc
Slide 9: Gross Unit Trust (UT) Subscription
Gross Unit Trust (UT) Subscription S$ million $12,000 $10,934 $10,425 S$10.43 billion $10,000 For 9M2026 $7,834 +33.1% $8,000 $7,433 $7,052 YoY growth $6,000 $5,647 $5,223 1Q2026: S$3.33 billion $4,490 2Q2026: S$3.67 billion 3Q2026: S$3.43 billion $4,000 $3,053 $2,908 $2,870 $2,000 $1,547 $1,670 $1,
Slide 10: Business Update
Business Update Section I iFAST Corporation Ltd. | 3Q2026 Results Presentation
Slide 11: iFAST Global Bank: Profitability Trend
iFAST Global Bank Profitability Trend S$ million iFAST Global Bank Profit / Loss 4.00 3Q2026 PBT $3.29 3.00 S$3.29 million $1.92 +964.7% 2.00 YoY growth $1.00 $1.10 1.00 $0.70 $0.69 9M2026 PBT $0.30 $0.31 0.00 S$5.90 million -1.00 +193.5% -$0.82 YoY growth -2.00 -$1.71 -$1.56 The Bank reported recor
Slide 12: iFAST Global Bank: Key Observations
iFAST Global Bank Key Observations 3Q2026 PBT Sharp Increase in Profitability S$3.29 million 1 Strong deposit growth across both Digital Personal Banking (DPB) and Business Banking (BB) has driven revenue higher, supporting an upward trend in pretax profit. +964.7% YoY growth 9M2026 PBT Profit Expec
Slide 13: Dividend for 3Q2026: 3.20 Cents per Ordinary Share
Dividend for 3Q2026: 3.20 Cents per Ordinary Share 39.1% YoY increase compared to 3Q2025 dividend of 2.30 cents per ordinary share S$ cent per ordinary share FY2026 expected dividend 12.00 12.00 ≥ 12.00 Cents FY2026 expected YoY growth 10.00 ≥ +43.0% 8.40 8.00 Third interim dividend 2.50 3.20 3.20 C
Slide 14: Third Interim Dividend for FY2026
Third Interim Dividend for FY2026 Dividend Schedule Dividend per share 3.20 cents per ordinary share Ex-dividend date 4 November 2026 Record date and time 5 November 2026 (5.00 pm) Payment date 19 November 2026 As per the Dividend Schedule above, the Board of Directors declared a dividend of 3.20 ce
Slide 15: Individual Markets Updates
Individual Markets Updates 3Q2026 & 9M2026 Singapore Hong Kong Malaysia China United Kingdom AUA AUA AUA AUA Deposits S$25.25 billion S$4.23 billion S$4.31 billion S$0.94 billion S$2.04 billion +1.1% QoQ +16.6% YoY +2.5% QoQ +22.4% YoY +2.0% QoQ +28.7% YoY -5.1% QoQ +52.9% YoY +12.2% QoQ +31.2% YoY
Slide 16: Financial Results
Financial Results Section II iFAST Corporation Ltd. | 3Q2026 Results Presentation
Slide 17: Financial Results for Group (3Q2026 vs 3Q2025)
Financial Results for Group (3Q2026 vs 3Q2025) S$ (Million) 3Q2025 3Q2026 YoY change (%) Total revenue 135.82 167.01 +23.0 Total net revenue 89.53 110.65 +23.6 Other income 0.60 0.17 -71.9 Operating expenses 58.23 71.57 +22.9 Interest expenses on lease 0.43 0.72 +67.7 liabilities Share of results of
Slide 18: Financial Results for Group (9M2026 vs 9M2025)
Financial Results for Group (9M2026 vs 9M2025) S$ (Million) 9M2025 9M2026 YoY change (%) Total revenue 362.98 483.51 +33.2 Total net revenue 237.30 323.90 +36.5 Other income 1.87 1.16 -37.6 Operating expenses 156.01 215.28 +38.0 Interest expenses on lease 1.30 2.12 +63.1 liabilities Share of results
Slide 19: Results Overview for Group
Results Overview for Group S$ (Million) FY2022 FY2023 FY2024 FY2025 9M2026 Total revenue 208.87 256.54 382.99 514.72 483.51 Total net revenue 118.24 161.66 248.38 339.65 323.90 Other income 1.72 1.71 1.86 2.26 1.16 Operating expenses 103.84 126.23 165.64 220.70 215.28 Interest expenses on lease liab
Slide 20: Profit/Loss - Geographical Segment
Profit/Loss - Geographical Segment Profit/Loss YoY Change YoY Change 3Q2025 3Q2026 9M2025 9M2026 (S$ Million) (%) (%) Singapore3 11.29 14.97 +32.7 30.77 42.74 +38.9 Hong Kong 19.39 18.50 -4.6 47.44 54.32 +14.5 United Kingdom 0.31 3.29 +964.7 2.01 5.90 +193.5 Malaysia 1.56 2.85 +82.6 4.77 7.82 +64.0
Slide 21: Profit/Loss - Geographical Segment
Profit/Loss - Geographical Segment Profit/Loss FY2022 FY2023 FY2024 FY2025 9M2026 (S$ Million) Singapore 16.57 25.20 36.14 44.72 42.74 Hong Kong 8.07 23.82 52.96 67.55 54.32 United Kingdom (5.04) (8.60) (4.36) 3.11 5.90 Malaysia 4.25 4.39 4.96 6.55 7.82 China (7.12) (7.19) (5.85) (3.65) (1.36) Other
Slide 22: Total Gross Revenue - Geographical Segment
Total Gross Revenue - Geographical Segment S$ (Million) FY2022 FY2023 FY2024 FY2025 9M2026 Singapore 130.25 140.61 167.04 197.53 184.35 Hong Kong 42.64 69.60 135.31 199.48 190.61 United Kingdom 10.33 20.58 52.01 83.81 75.08 Malaysia 23.03 23.51 26.92 31.67 30.64 China 2.62 2.24 1.71 2.15 2.58 Others
Slide 23: Total Net Revenue - Geographical Segment
Total Net Revenue - Geographical Segment S$ (Million) FY2022 FY2023 FY2024 FY2025 9M2026 Singapore 70.49 81.24 96.06 111.25 100.88 Hong Kong 24.15 52.58 112.97 172.01 168.41 United Kingdom 8.19 12.35 22.58 37.10 35.05 Malaysia 13.64 13.98 15.53 17.74 17.50 China 1.77 1.51 1.24 1.55 1.82 Others1 - -
Slide 24: Total Net Revenue Breakdown: Recurring and Non-recurring
Total Net Revenue1 Breakdown Between Recurring and Non-recurring Sources S$ million Average contribution from recurring net revenue as opposed to 400 non-recurring net revenue in the period from 2025 to 9M2026 was 86.5% 350 47.0 300 42.7 250 37.4 200 150 29.7 292.7 281.2 100 34.4 211.0 34.5 25.5 131
Slide 25: Recurring and Non-recurring Total Net Revenue
Recurring and Non-recurring Total Net Revenue Include Banking Operation S$ (Million) FY2022 FY2023 FY2024 FY2025 9M2026 Recurring net revenue 83.86 131.94 210.98 292.66 281.19 Non-recurring net revenue 34.38 29.72 37.40 46.99 42.71 Total net revenue 118.24 161.66 248.38 339.65 323.90 YoY Change (%)
Slide 26: Net Revenue - B2B Business Segment
Net Revenue1 - B2B Business Segment B2B Net Revenue FY2022 FY2023 FY2024 FY2025 9M2026 (S$ Million) Recurring net revenue 58.05 99.10 172.50 244.80 237.13 Non-recurring net revenue 16.66 12.89 13.09 16.34 15.96 Total B2B net revenue 74.72 111.99 185.59 261.14 253.09 YoY Change (%) FY2022 FY2023 FY20
Slide 27: Net Revenue - B2C Business Segment
Net Revenue1 - B2C Business Segment B2C Net Revenue FY2022 FY2023 FY2024 FY2025 9M2026 (S$ Million) Recurring net revenue 22.99 25.64 25.85 28.12 24.68 Non-recurring net revenue 9.78 7.23 10.84 12.34 12.66 Total B2C net revenue 32.77 32.87 36.69 40.46 37.34 YoY Change (%) FY2022 FY2023 FY2024 FY2025
Slide 28: Performance Trends
Performance Trends Section III iFAST Corporation Ltd. | 3Q2026 Results Presentation
Slide 29: Financial Indicators
Financial Indicators S$ (Million) FY2022 FY2023 FY2024 FY2025 9M2026 EBITDA2 32.091 61.46 115.75 159.28 146.15 Operating Cashflows – Group 47.40 273.45 671.28 551.73 357.13 Operating Cashflows – Non-Banking 35.94 34.12 83.05 110.88 127.74 Operations Capital Expenditure 17.87 21.63 26.13 31.96 22.15
Slide 30: Cash Plus Liquid Assets Net of Borrowings Position
Cash Plus Liquid Assets Net of Borrowings Position As at 31 Dec 2025 As at 30 Sep 2026 (S$ million) (S$ million) Cash and Cash Equivalents 724.31 793.44 Sovereign Bonds & Investment-grade Corporate Bonds 911.69 1,200.36 Others 187.11 451.07 Less: Customers’ Deposits (1,572.48) (2,036.62) Total Cash
Slide 31: Return on Equity (ROE)
Return on Equity (ROE) 10 Years 30.0% 28.3% 27.6% 27.6% A healthy level of ROE 25.8% 25.0% A healthy ROE allows the 21.8% Group to be able to pursue long-term growth strategies while being able to raise our 20.0% dividend payouts. 16.4% 15.0% 13.1% The Group expects to 12.2% maintain a healthy ROE a
Slide 32: PBT Margin for Group
PBT Margin for Group (Based on Total Net Revenue) 40.0% 34.8% 35.0% 33.5% 33.2% 30.0% 25.0% 22.6% 20.0% 15.0% 13.5% 10.0% 5.0% 0.0% 2022 2023 2024 2025 9M2026 The Group is targeting an improvement in overall profit margin in 2027. 32 iFAST Corporation Ltd. | 3Q2026 Results Presentation
Slide 33: Group Operating Cashflows
Group Operating Cashflows S$ million $800 $700 671.28 $600 551.73 $500 $400 357.13 $300 273.45 $200 $100 46.53 47.40 $- 2021 2022 2023 2024 2025 9M2026 33 iFAST Corporation Ltd. | 3Q2026 Results Presentation
Slide 34: Capital Expenditure
Capital Expenditure S$ million $40 34.9 $35 32.0 $30 26.1 $25 21.6 $20 17.9 $15 $10 $5 $0 2022 2023 2024 2025 2026F Note: 1. Capital Expenditure for 9M2026 stood at S$22.15 million. 34 iFAST Corporation Ltd. | 3Q2026 Results Presentation
Slide 35: Number of Issued Shares
Number of Issued Shares As at 31 Dec 2025 As at 30 Sep 2026 Total number of issued shares (excluding treasury shares and subsidiary 303,684,519 306,567,429 holdings) 35 iFAST Corporation Ltd. | 3Q2026 Results Presentation
Slide 36: Our Consolidated Financial Position
Our Consolidated Financial Position As at 31 Dec 2025 As at 30 Sep 2026 S$’000 S$’000 ASSETS Plant and Equipment 20,834 21,324 Right-of-use Assets 50,620 56,254 Intangible Assets and Goodwill 91,070 92,844 Associates 426 434 Other Investments 293,216 553,107 Deferred Tax Assets 3,734 6,723 Contract
Slide 37: Our Consolidated Financial Position
Our Consolidated Financial Position As at 31 Dec 2025 As at 30 Sep 2026 S$’000 S$’000 EQUITY Share Capital 171,943 173,213 Reserves 226,051 292,373 EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY 397,994 465,586 Non-Controlling Interests (137) (177) TOTAL EQUITY 397,857 465,409 LIABILITIES Debt Issued
Slide 38: Held under Trust
Held under Trust As at 31 Dec 2025 As at 30 Sep 2026 S$’000 S$’000 HELD UNDER TRUST Client monies maintained in bank deposit accounts with related bank 53,246 98,294 Client monies maintained in bank deposit accounts with non-related 1,343,197 1,826,456 banks Client monies maintained in government de
Slide 39: Appendix
Appendix Section IV iFAST Corporation Ltd. | 3Q2026 Results Presentation
Slide 40: Business Overview
Business Overview iFAST Corporation Ltd. (SGX: AIY) is a global digital banking and wealth management platform dedicated to help investors around the world invest globally and profitably. Our Business Divisions Wealth Management iFAST Global Bank ePension Our core wealth management platform Fully li
Slide 41: iFAST Fintech Ecosystem
iFAST Fintech Ecosystem 1,700,000+ 1,000+ Connecting All to Help Investors 15,500+ Invest Globally and Profitably 31,000+ Information accurate as of 30 September 2026 41 iFAST Corporation Ltd. | 3Q2026 Results Presentation
Slide 42: iFAST's Three-Year Plan (2026-2028)
iFAST’s Three-Year Plan (2026-2028) Reproduced from 2Q2026 1 Truly Global Business 2 Vision 2030: 3 Deliver on ePension Model S$100bn AUA Services Deepen presence in Singapore, London Implies a 25.6% CAGR, with target of As onboarding has been fully completed, and Hong Kong as key global centres to
Slide 43: Scaling Towards S$100 Billion AUA
Scaling Towards S$100 Billion AUA Scenario Planning on AUA Composition at S$100 Billion Based on Potential Scenario (Not a Forecast) • AUA is a significant indicator of the Group’s progress in its core wealth management and digital banking businesses, given recurring net revenue is correlated to the
Slide 44: Scaling Towards S$100 Billion AUA
Scaling Towards S$100 Billion AUA AUA Growth Expected to Translate into Scalable and Resilient Revenue • The following illustrates a scenario of how revenue and profitability could scale as AUA approaches S$100 billion. • This is based on potential scenario and is not a forecast. Revenue Assumptions
Slide 45: Dividend Update & Long-Term Payout Direction
Dividend Update & Long-Term Payout Direction FY2022 FY2023 FY2024 FY2025 FY2026 (Updated in July 2026) Dividend Amount (S$ Cent) 4.80 4.80 5.90 8.40 ≥12.001 Dividend Growth (YOY) - 0% +22.9% +42.4% ≥+43.0% Dividend Approach FY2026 Dividend Long-Term Payout Direction As the Group’s profitability cont
Slide 46: iFAST Payment Capabilities
iFAST Payment Capabilities Payment Services & Licences Faster Payments CHAPS in the UK Payment Licences Worldwide Scan & Pay Service in the UK iFAST Global Bank is The bank is one of more than 35 Approval from Bank iFAST Global Bank is the first one of 47 participants direct participants to offer hi
Slide 47: iFAST Global Bank Updates
iFAST Global Bank Updates Conservative Balance Sheet Strategy • The customer deposit amounts for iFAST Global Bank (iGB) increased 12.2% QoQ and 31.2% YoY to S$2.04 billion as at 30 September 2026. • The increase in deposits continues to be driven by the deposit offering business units and most sign
Slide 48: iFAST Global Bank Updates: Regulatory Ratios
iFAST Global Bank Updates Regulatory Ratios The Group has started to disclose the regulatory ratios for iFAST Global Bank since 1Q2023, including the Liquidity Coverage Ratio (“LCR”), Net Stable Funding Ratio (“NSFR”) and Total Capital Ratio. iFAST Global Bank intends to maintain capital and liquidi
Slide 49: Milestones
Milestones BUSINESS ROADMAP 2000 2002 2007 2008 2011 • Launch of • Launch of iFAST • Launch of • Launch of iFAST Platform • Launch of “FSM Mobile” Fundsupermart.com Platform Services Fundsupermart.com Services (B2B) in HK iPhone application. The (B2C) in Singapore (B2B) in SG (B2C) in Hong Kong • La
Slide 50: Milestones
Milestones BUSINESS ROADMAP 2019 2020 2021 2022 • iFAST MY launched retail • Launch of revamped • Launch of Bursa stockbroking in MY and SG • Acquisition of iFAST Global Bank bonds under the new FSMOne mobile apps in • iFAST HK approved as China Connect Limited, a fully licensed United Seasoning Fra
Slide 51: FY2025 Breakdown of Net Revenue
FY2025 Breakdown of Net Revenue For Wealth Management Platform Services1 Fintech Solutions IT fees, 1.5% FX Margin, 7.0% Others, 1.0% Transaction Fees/Commission Income (Other Products), 1.1% Transaction Fees/Commission Income (Listed Securities), 9.5% Trailer Fee, 39.3% Transaction Fees/Commission
Slide 52: Fees Illustration
Fees Illustration (For Wealth Management Platform Services) FUND HOUSES TRAILER FEE PLATFORM FEE PLATFORM FEE B2B UPFRONT FEE B2C CUSTOMERS UPFRONT FEE CUSTOMERS WRAP FEE FX CONVERSION FEES B2B FINANCIAL OTHER FINTECH SOLUTIONS ADVISORY COMPANIES SERVICE FEES FACILITIES 52 iFAST Corporation Ltd. | 3
Slide 53: Licences Held and Products & Services Available
Licences Held and Products & Services Available SINGAPORE Hong Kong Malaysia Licences and Registration Held: Licences and Registration Held: Licences and Registration Held: • Capital Markets Services Licence [MAS] • Type 1 - Dealing in Securities [SFC] • Capital Market Services Licence [SC] • (asAdv
Slide 54: Our Value Proposition
Our Value Proposition PRODUCT B2C DIY INVESTORS GLOBAL BANK ePENSION B2B CUSTOMERS PROVIDERS CUSTOMERS CUSTOMERS • One platform, multiple • One platform, multiple • One platform, multiple • Online account opening • Empower partners with B2C and B2B investment products investment products without geo
Slide 55: iFAST Corp's Risk Journey
iFAST Corp’s Risk Journey 2000-2024 and Beyond iFAST Corp has built upon the following three key elements while braving through multiple economic events over the last 24 years, tiding through the 2001 Dotcom bubble burst, the 2008 Global Financial Crisis and the 2020 Covid pandemic. This has paved t
Slide 56: iFAST Corp's Risk Journey
iFAST Corp’s Risk Journey 2000-2024 and Beyond • Using the analogy of Kart Racing, braking (risk At iFAST, we aim to go far and wide: management) is essential to help the kart accelerate • Thus, we see good risk management as an essential partner as (business strategies) safely through a turn at top
Slide 57: 3Q2026: Activities & Achievements
3Q2026: Activities & Achievements Annual Events: (1st Row L-R) FSM ETFestival x Mid-Year Review 2026 (Singapore); FSMOne Mid-Year Review 2026 (Malaysia) (2nd Row L-R) What & Where to Invest 2026 2nd Half (Hong Kong); 2H2026 Investment Outlook Seminar (China) Achievements: (L-R) iFAST Corporation: Br
Slide 58: Thank You
Thank You For more information, please visit: www.ifastcorp.com iFAST Corporation Ltd. | 3Q2026 Results Presentation