Q & M Dental Group reported FY2025 total revenue of SGD 197.2 million (+9%) and core dental revenue of SGD 195.0 million (+12%) for the 12 months ended 31 December 2025, while other business revenue was SGD 2.2 million (-68%). Profit after tax attributable to shareholders was SGD 9.3 million (-35%); excluding other gains/losses, MTN and PSP-related expenses, profit after tax attributable to shareholders was SGD 17.0 million (+1%). Profit after tax for the core dental business rose to SGD 30.4 million (+16%). Dividend per share for FY2025 was 0.82 Singapore cents and the dividend payout ratio was 83%; the company also declared a 2nd interim dividend of 0.42 Singapore cents per share payable on 26 March 2026. Cash and cash equivalents increased to SGD 117.1 million (+241%) as at 31 December 2025, while bank borrowings plus finance leases were SGD 143.4 million. The group said it ended FY2025 with 110 dental outlets in Singapore, 37 dental outlets in Malaysia and a network in China including 7 dental polyclinics and 7 dental hospitals, and noted it consolidated Aoxin Q & M and EM2AI from associates to subsidiaries in 1H2025. It also announced an additional share buyback allocation of up to 40 million shares, raising the total allocation to up to 90 million shares, and said Aoxin Q & M plans to potentially deploy about RMB 43.7 million (SGD 8.0 million) toward acquisitions of established dental clinic chains beyond North-Eastern China.

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