-
Integrated logistics firm Teleport reported a 9% year-on-year revenue growth in the third quarter of 2025, driven by a 69% hike in e-commerce earnings
-
The Malaysian company said the July to September revenue hit RM312 million, which was also 22% higher than in the second quarter this year
-
Converted to US dollars, the revenue is equivalent to $72.1 million, up 17% year-on-year on a constant-currency basis
-
Teleport CEO Pete Chareonwongsak said the margin improvement demonstrates operating leverage, as growth and control of fixed costs lead to improved profitability
-
The successful SGD51 million refinancing also led to a 7% year-on-year reduction in financing costs
Teleport, an integrated logistics firm specializing in southeast Asia, reported a 9% year-on-year revenue growth in the third quarter of 2025, driven by a 69% hike in e-commerce earnings.
The Malaysian company said the July to September revenue hit RM312 million, which was also 22% higher than in the second quarter this year.
Converted to US dollars, the revenue is equivalent to $72.1 million, up 17% year-on-year on a constant-currency basis.
Teleport said this is its strongest Q3 revenue performance since the logistics venture started.
“Our ability to deliver net profitability whilst growing our business by 9% in Q3 validates the resilience of our eCommerce-first strategy, and proves that we can scale profitably,” Teleport CEO Pete Chareonwongsak said in a news release.
Revenue from e-commerce reached RM116.4 million or $27 million, up 83% year-on-year on a constant-currency basis, delivering a 16% increase in tonnage moved to 90,357 tonnes and a 109% year-on-year surge in parcels moved to 44.8 million.
In terms of net profit, the company recorded RM8.3 million or US$1.8 million for the third quarter this year, a positive year-on-year turnaround of RM13.3 million or up USD2.9 million on a constant-currency basis.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose to RM32 million or $7.2 million, up 51% year-on-year on a constant-currency basis, with EBITDA margin expanding 2.4 percentage points to 10%.
“This margin improvement demonstrates operating leverage, as growth and control of fixed costs lead to improved profitability,” Teleport said.
The company also said the successful SGD51 million refinancing led to a 7% year-on-year reduction in financing costs amounting to RM630,000 or USD150,000, unlocking capital for Teleport to secure strategic long-haul capacity while it concludes its capital raise exercise.
“As we close out the year, we will capitalise on our Q3 momentum by focusing on moving more volume out of China through increased capacity and reach of our 50-plus airline partners. Our successful debt refinancing provided the necessary capital to secure capacity for the rest of 2025,” Chareonwongsak said.
READ: Teleport, Etihad Cargo expand partnership with Phnom Penh freighter flights
“The next step for Teleport will be to close its equity capital raise by Q42025 to accelerate our push for global scale (2 million parcels per day), and grow our network beyond Southeast Asia and Asia-Pacific,” he added.
Teleport is part of the Air Asia Group, now officially named Capital A Berhad. Apart from its headquarters in Kuala Lumpur, it has offices in Singapore, Thailand, Indonesia, Philippines, Hong Kong, China, and India.
It covers more than 100 cities in southeast Asia with 164 hubs across the Asia Pacific region.
