D 
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Close of 6 Nov 2026, in SGD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in SGD, from our data supplier.
Revenue
SGD 2.0m
FY2017FY2026
Net income
−SGD 1.7m
FY2017FY2026
Free cash flow
−SGD 1.7m
FY2017FY2026
Shareholders' equity
SGD 2.9m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SGD 2.0m | SGD 6.0m | SGD 7.5m | SGD 10.9m | SGD 24.3m | SGD 19.4m | SGD 6.6m | SGD 508,000 | SGD 239,000 | SGD 325,000 |
| Operating income | −SGD 2.2m | −SGD 2.8m | −SGD 1.8m | −SGD 1.7m | −SGD 1.8m | −SGD 3.1m | −SGD 13.6m | −SGD 9.3m | −SGD 10.7m | −SGD 7.2m |
| Net income | −SGD 1.7m | −SGD 2.5m | −SGD 1.9m | −SGD 2.5m | −SGD 2.0m | −SGD 3.2m | −SGD 13.8m | −SGD 17.0m | −SGD 12.0m | −SGD 16.0m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SGD 6.9m | SGD 3.3m | SGD 2.7m | SGD 3.5m | SGD 5.6m | SGD 7.8m | SGD 10.5m | SGD 14.7m | SGD 46.1m | SGD 36.8m |
| Cash and short-term investments | — | — | — | — | — | — | SGD 2.3m | SGD 2.0m | SGD 5.0m | SGD 6.4m |
| Total liabilities | SGD 3.9m | SGD 976,000 | SGD 1.2m | SGD 1.2m | SGD 1.0m | SGD 1.5m | SGD 1.8m | −SGD 7.1m | SGD 9.0m | SGD 8.1m |
| Debt | — | — | — | — | — | — | SGD 440,000 | SGD 149,000 | SGD 12.0m | SGD 24.1m |
| Shareholders' equity | SGD 2.9m | SGD 2.4m | SGD 1.3m | SGD 2.3m | SGD 4.6m | SGD 6.3m | SGD 8.8m | SGD 21.8m | SGD 37.1m | SGD 28.6m |
| Shares outstanding | 14,090m | 14,090m | 14,090m | 14,090m | 14,090m | 14,090m | 10,039m | 10,039m | 10,495m | 10,190m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SGD 1.7m | −SGD 2.0m | −SGD 1.0m | −SGD 1.1m | −SGD 728,000 | −SGD 504,000 | −SGD 6.2m | −SGD 6.4m | −SGD 7.7m | −SGD 5.1m |
| Capital spending | −SGD 27,000 | −SGD 9,000 | −SGD 5,000 | — | −SGD 224,000 | −SGD 82,000 | −SGD 82,000 | −SGD 64,000 | −SGD 538,000 | −SGD 354,000 |
| Free cash flow | −SGD 1.7m | −SGD 2.0m | −SGD 1.0m | −SGD 1.1m | −SGD 952,000 | −SGD 586,000 | −SGD 6.3m | −SGD 6.5m | −SGD 8.3m | −SGD 5.4m |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Dec 2020 | Sept 2020 | Jun 2020 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SGD 711,000 | SGD 2.0m | SGD 4.1m | SGD 3.9m | SGD 3.6m | SGD 3.8m | SGD 2.3m | SGD 3.0m |
| Operating income | −SGD 1.5m | −SGD 1.5m | −SGD 1.4m | −SGD 1.3m | −SGD 456,000 | −SGD 1.3m | −SGD 880,000 | −SGD 2.3m |
| Net income | −SGD 1.1m | −SGD 1.4m | −SGD 1.1m | −SGD 1.2m | −SGD 686,000 | −SGD 1.0m | −SGD 889,000 | −SGD 2.3m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Cash from operations | — | −SGD 1.0m | — | −SGD 1.0m | — | — | — | −SGD 1.0m |
| Total assets | SGD 7.6m | SGD 3.3m | SGD 1.9m | SGD 2.7m | SGD 3.2m | SGD 8.4m | SGD 9.9m | SGD 10.5m |
| Cash and short-term investments | — | — | — | — | — | SGD 4.8m | SGD 5.8m | SGD 6.0m |
| Debt | — | — | — | — | SGD 283,000 | SGD 214,000 | SGD 370,000 | SGD 440,000 |
| Shareholders' equity | SGD 3.8m | SGD 2.4m | SGD 243,000 | SGD 1.3m | SGD 1.6m | SGD 7.5m | SGD 8.2m | SGD 8.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -43.5% | -36.7% | 15.9% |
| Operating income | 9.1% | -7.2% | -15.3% |
| Net income | -11.4% | -11.6% | -16.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -62.6% | -31.9% | -19.1% | -83.7% |
| Net margin | -53.2% | -32.6% | -19.7% | -106.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | |
|---|---|---|
| Price to earnings | -8.2 | -0.2 |
| Price to sales | 7.1 | 0.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 30 Oct 1992.
- 1-to-1 reverse split · 9 Dec 2004
- 1.378-for-1 split · 22 Jun 1994
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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