Data Vantage | Zenith Learning’s FY24 financials and other updates
Edition #503, 11th Sept 2025
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Corry Anestia
Senior Research Analyst, Indonesia
Sept 11, 2025
Dear Reader,
Zenith Learning Group, a Singapore-based education company, delivered robust results for the 12 months ended December 31, 2024, regulatory filings showed.
The company’s revenue, recognised as rendering of services at a point in time, jumped 45% year on year (YoY) to [redacted] million, as it recovered from losses a year earlier with a net profit of [redacted] million, according to its latest filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).
Profitability was partly supported by tighter cost control in some areas — while consulting and accounting expenses fell 25.8%, advertising costs reduced…
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SE Asia’s first-half startup funding hits six-year low
Southeast Asia’s equity fundraising in H1 2025 plunged to its lowest in more than six years due to several factors, including persistent investor caution and broader macroeconomic uncertainty.
In the first semester of 2025, deal activity in the region fell 37% YoY to 229 transactions, with capital deployed sliding to just $1.85 billion, according to DealStreetAsia DATA VANTAGE’s Southeast Asia Startup Funding Report H1–2025, released in partnership with Kickstart Ventures at the Asia PE-VC Summit 2025 in Singapore on Thursday.
This continues the downward trajectory observed since H1 2024, when the region recorded…
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The data and information in this newsletter comes from DATA VANTAGE, which tracks regulatory filings to provide you with the latest information on startup fundraising, shareholding and financials. Find out how it can aid you in your decision-making — book a demo today or write to us at subs@dealstreetasia.com
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Other updates from DATA VANTAGE
Singapore-headquartered SaaS startup Mozark swung from steep losses to nearly [redacted] million in profit during the 12 months ended March 2024, despite a 14.6% year-on-year drop in revenue to [redacted] million.
[redacted], a crypto asset management platform backed by AC Ventures, reported $3.6 million in revenue but suffered losses, according to its filings for the financial year ended April 2024.
Heritas Capital-backed The Gentle Group nearly doubled its topline, recording a 93% growth to [redacted] million, for the 12-month period ended December 2024. The company managed to narrow its net losses to…
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