KINTYRE Holdings (JA) Limited, formerly known as iCreate, has demonstrated extraordinary financial performance with a staggering 446% increase in third-quarter net profit, reaching $103.5 million. This remarkable achievement was fueled by a substantial 146% revenue growth, climbing to $135.3 million during the quarter ending September 30, 2025.
The Jamaica Stock Exchange Junior Market entity attributed this exceptional performance to the rapid expansion of its Visual Vibe digital out-of-home advertising network and significant contributions from its real estate operations. Operating profit similarly surged to $103.5 million from $26.2 million year-over-year, reflecting both expanded screen infrastructure and increased advertiser engagement.
For the nine-month period, the company reported consolidated revenue of $208.9 million, representing a 70% increase, while net profit soared to $129.4 million from $20.4 million in the comparable period last year.
Tyrone Wilson, Chairman, President and Chief Executive Officer, emphasized that these results validate the group’s strategic approach combining operational excellence with targeted investments. He characterized Kintyre as rapidly emerging as one of the most profitable entities on the Junior Market.
Visual Vibe, operating both indoor and outdoor digital advertising solutions including innovative advertising backpacks and screen rental services, continues to serve as the primary growth engine. The platform is being strategically positioned as Jamaica’s dominant digital out-of-home advertising solution.
The company’s expansion initiatives are being supported through strategic investments from Portland Holdings and a collaborative partnership with Vantage One. These developments are expected to facilitate new equipment installations by January 2026, alongside potential preparations for an initial public offering.
Kintyre’s Parallel Real Estate Ventures division has progressed multiple renovation projects and advanced development work in Stony Hill, where subdivision planning is underway for the sale of two villas and three townhouses. Formal project submissions are anticipated during the first quarter of 2026.
Financial positioning strengthened considerably with total assets growing to $970.3 million from $564.7 million year-over-year, driven by increased property, plant, equipment valuations, goodwill recognition, and investment properties. The company maintained a robust equity position of $669.2 million, up from $339.1 million, with total liabilities of $301.1 million including $80 million in convertible notes – indicating a relatively conservative leverage profile.
Cash and cash equivalents improved dramatically to $75.5 million from $1.8 million at year-start, following positive operational cash flows that were partially allocated to strategic investments and subsidiary restructuring.
With established operations in Jamaica, Dubai, and Miami, and planned expansion into additional Caribbean markets, Kintyre continues to leverage Junior Market tax incentives while actively pursuing merger and acquisition opportunities across media, real estate, technology, hospitality, and business empowerment sectors throughout the region.