Magnitude International Ltd, a Singapore-based electrical installation specialist, reported a revenue decrease to approximately USD 11.8 million in FY2025 from USD 18.5 million in FY2024. This decline was driven mainly by reduced greenfield and brownfield project activity. The top five customers accounted for about 77% of revenue in FY2025, reflecting notable client concentration risk. The company maintains liquidity supported by cash holdings of around USD 0.58 million and borrowings near USD 1.79 million, backed by CEO personal guarantees. Operating cash flow turned negative in FY2025 due to upfront project costs and retention payment schedules. Future growth depends on customer diversification and upgrading regulatory certifications to access larger public sector contracts.