Episode Details

This financial period marks a significant shift for V2Y Corporation Ltd. The company has refocused its strategy by divesting from underperforming sectors to concentrate on its core, revenue-generating Insurtech business. This strategic realignment, coupled with new funding, aims to strengthen the company's financial footing for future growth.

• The Group's revenue saw a substantial increase, driven by first-quarter sales from now-divested businesses

• Losses narrowed, influenced by the proceeds from selling off its food, beverage, and distribution segments

• A strategic pivot now sees the company focusing its resources on the promising Insurtech division