0.15
0.00%
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 875.8m
FY2016FY2025
Net income
SGD 30.1m
FY2016FY2025
Free cash flow
−SGD 26.1m
FY2016FY2025
Shareholders' equity
SGD 412.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SGD 875.8m | SGD 678.4m | SGD 600.0m | SGD 506.2m | SGD 417.2m | SGD 531.6m | SGD 560.2m | SGD 898.5m | SGD 489.5m | SGD 621.0m |
| Operating income | SGD 70.3m | SGD 52.1m | SGD 29.5m | SGD 20.3m | SGD 24.3m | −SGD 4.5m | SGD 3.1m | SGD 33.4m | −SGD 4.2m | −SGD 13.6m |
| Net income | SGD 30.1m | SGD 12.1m | −SGD 22.2m | −SGD 14.7m | −SGD 363,000 | SGD 17.7m | SGD 12.7m | SGD 28.3m | SGD 4.8m | SGD 1.1m |
| Diluted earnings per share | 0.02 | 0.01 | -0.01 | -0.01 | -0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SGD 2.09bn | SGD 1.78bn | SGD 1.60bn | SGD 1.61bn | SGD 1.62bn | SGD 1.59bn | SGD 1.72bn | SGD 1.67bn | SGD 1.98bn | SGD 1.72bn |
| Cash and short-term investments | — | — | — | — | — | SGD 53.8m | SGD 142.7m | SGD 62.7m | SGD 73.2m | SGD 209.5m |
| Total liabilities | SGD 1.54bn | SGD 1.26bn | SGD 1.10bn | SGD 1.22bn | SGD 1.18bn | SGD 1.25bn | SGD 1.41bn | SGD 1.36bn | SGD 1.66bn | SGD 1.41bn |
| Debt | SGD 367.5m | SGD 243.3m | SGD 305.9m | SGD 424.3m | SGD 311.6m | SGD 443.0m | SGD 568.4m | SGD 899.2m | SGD 1.04bn | SGD 1.05bn |
| Shareholders' equity | SGD 412.2m | SGD 404.5m | SGD 417.7m | SGD 312.3m | SGD 352.7m | SGD 339.7m | SGD 312.7m | SGD 305.9m | SGD 319.2m | SGD 312.0m |
| Shares outstanding | 1,939m | 1,939m | 1,939m | 1,939m | 1,939m | 1,939m | 1,938m | 1,966m | 1,877m | 1,927m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SGD 12.4m | −SGD 38.0m | SGD 36.5m | SGD 22.3m | −SGD 15.3m | SGD 177.5m | SGD 101.3m | SGD 271.2m | −SGD 198.5m | SGD 4.6m |
| Capital spending | −SGD 38.6m | −SGD 20.1m | −SGD 13.3m | −SGD 18.1m | −SGD 34.9m | −SGD 35.4m | −SGD 29.5m | −SGD 19.1m | −SGD 40.0m | −SGD 24.2m |
| Free cash flow | −SGD 26.1m | −SGD 58.1m | SGD 23.2m | SGD 4.2m | −SGD 50.2m | SGD 142.0m | SGD 71.8m | SGD 252.1m | −SGD 238.5m | −SGD 19.6m |
| Dividends paid | — | — | −SGD 897,000 | — | −SGD 1.0m | −SGD 9.7m | −SGD 9.7m | −SGD 9.7m | −SGD 4.1m | −SGD 8.6m |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2020 | Jun 2020 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SGD 481.8m | SGD 394.0m | SGD 382.5m | SGD 295.9m | SGD 316.8m | SGD 283.2m | SGD 531.6m | SGD 234.2m |
| Operating income | SGD 19.0m | SGD 45.1m | SGD 31.6m | SGD 23.0m | −SGD 9.1m | SGD 12.6m | −SGD 4.5m | SGD 2.0m |
| Net income | SGD 13.5m | SGD 7.9m | SGD 10.1m | −SGD 6.6m | −SGD 8.5m | −SGD 15.0m | SGD 17.7m | SGD 5.5m |
| Diluted earnings per share | 0.01 | 0.00 | 0.00 | -0.00 | -0.00 | -0.01 | 0.01 | 0.00 |
| Cash from operations | SGD 40.0m | −SGD 27.0m | −SGD 11.0m | −SGD 26.0m | — | — | SGD 32.0m | SGD 55.0m |
| Capital spending | −SGD 34.0m | −SGD 4.0m | −SGD 10.0m | −SGD 9.0m | — | — | −SGD 3.0m | −SGD 14.0m |
| Free cash flow | SGD 6.0m | −SGD 31.0m | −SGD 21.0m | −SGD 35.0m | — | — | SGD 29.0m | SGD 41.0m |
| Total assets | SGD 2.09bn | SGD 1.79bn | SGD 1.78bn | SGD 1.70bn | SGD 1.60bn | SGD 1.61bn | SGD 1.59bn | SGD 1.58bn |
| Cash and short-term investments | — | — | — | — | — | — | SGD 53.8m | SGD 69.7m |
| Debt | SGD 367.5m | SGD 250.3m | SGD 243.3m | SGD 241.1m | SGD 305.9m | SGD 342.2m | SGD 443.0m | SGD 353.1m |
| Shareholders' equity | SGD 412.2m | SGD 405.2m | SGD 404.5m | SGD 411.5m | SGD 417.7m | SGD 293.4m | SGD 339.7m | SGD 318.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.0% | 10.5% | 6.6% |
| Operating income | 51.4% | — | — |
| Net income | — | 11.2% | 13.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 7.9% | 6.5% | 5.3% | 3.1% |
| Net margin | 2.7% | 0.2% | 0.6% | 1.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.8 | 10.7 | -6.7 | -10.6 | -614.4 | 16.9 | 23.4 | 15.3 | 95.1 | 467.7 |
| Price to sales | 0.2 | 0.2 | 0.3 | 0.3 | 0.5 | 0.6 | 0.5 | 0.5 | 0.9 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 1 Jun 2023.
| FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.003 | 0.003 | 0.004 | 0.008 | 0.003 | 0.01 | 0.008 | 0.03 |
- 6-for-5 split · 3 Jul 2012
- 6-for-5 split · 5 Mar 2012
- 2-for-1 split · 19 Sept 2011
- 6-for-5 split · 24 Mar 2011
- 4-for-1 split · 28 Apr 2008
- 11-for-10 split · 20 Jul 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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