Procurri Corporation Limited

Procurri Corporation Limited

Procurri helps businesses and IT solutions providers by delivering enterprise data center products, services, and maintenance options for end users.

Procurri is the only 100% channel focused company in our space that focuses exclusively on partnering with the channel to deliver lifecycle solutions not typically available from the traditional IT channel.

Recent Developments
Competitive Strengths
    • Global systems in place for greater operational efficiency
    • Second generation management team
    • Strong underlying industry demand
Business Strategies and Future Plans
    • Penetration into Asia’s market by tapping on the network of the invigorated, new controlling shareholder
    In The News


    Brokerages Report Analysts Recommendation TP
    KGI Securities 

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    Tan Jiunn Chyuan (Kenny)

    NEUTRAL S$0.38
     DBS Group Research

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    Singapore Research Team

    Sachin MITTAL




    15 August 17  – DBS Group Research: Earnings visibility unclear


    22 July 21  – KGI Securities: 21st century “karang guni”

    Stock Information

    Price S$0.41
    Market Cap  S$121.2m
    YE 31 Dec 


    Key financial highlights
    Key Highlights FY2020 FY2021
    Revenue (S$ ‘m) 233.5 249.6
    Gross Profit (S$ ‘m) 64.7 60.5
    Gross Profit Margin 27.7% 24.4%
    Net Profit (S$ ‘m) 2.7 4.4