1.65
-1.79%
Close of 6 Nov 2026, in SGD
Search any instrument
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 1.12bn
FY2016FY2025
Net income
SGD 70.4m
FY2016FY2025
Free cash flow
SGD 90.8m
FY2016FY2025
Shareholders' equity
SGD 116.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SGD 1.12bn | SGD 783.0m | SGD 838.1m | SGD 1.03bn | SGD 957.5m | SGD 515.6m | SGD 419.8m | SGD 431.5m | SGD 331.9m | SGD 245.0m |
| Gross profit | SGD 115.0m | SGD 71.0m | SGD 81.0m | SGD 104.7m | SGD 101.8m | SGD 56.5m | SGD 44.3m | SGD 41.4m | SGD 33.8m | SGD 19.1m |
| Operating income | SGD 82.2m | SGD 39.6m | SGD 45.0m | SGD 86.3m | SGD 78.9m | SGD 36.6m | SGD 24.5m | SGD 25.6m | SGD 22.1m | SGD 9.9m |
| Net income | SGD 70.4m | SGD 40.9m | SGD 47.8m | SGD 62.4m | SGD 60.0m | SGD 29.1m | SGD 20.0m | SGD 19.4m | SGD 16.3m | SGD 7.6m |
| Diluted earnings per share | 0.19 | 0.11 | 0.13 | 0.17 | 0.16 | 0.08 | 0.05 | 0.05 | 0.04 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SGD 333.4m | SGD 285.7m | SGD 343.1m | SGD 375.3m | SGD 294.6m | SGD 192.7m | SGD 154.4m | SGD 142.1m | SGD 92.4m | SGD 50.8m |
| Cash and short-term investments | — | — | — | — | — | SGD 105.8m | SGD 81.6m | SGD 75.7m | SGD 27.7m | SGD 16.1m |
| Total liabilities | SGD 214.7m | SGD 160.9m | SGD 216.8m | SGD 248.9m | SGD 182.0m | SGD 108.2m | SGD 85.1m | SGD 75.2m | SGD 74.3m | SGD 39.3m |
| Debt | — | — | — | — | — | SGD 1.0m | SGD 2.9m | — | — | — |
| Shareholders' equity | SGD 116.1m | SGD 123.4m | SGD 125.2m | SGD 125.5m | SGD 109.4m | SGD 84.6m | SGD 69.3m | SGD 66.9m | SGD 18.1m | SGD 11.5m |
| Shares outstanding | 370m | 370m | 370m | 370m | 370m | 370m | 370m | 370m | 370m | 370m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SGD 91.2m | SGD 38.0m | SGD 58.3m | SGD 51.4m | SGD 83.1m | SGD 42.0m | SGD 29.3m | SGD 23.2m | SGD 23.7m | SGD 10.0m |
| Capital spending | −SGD 413,000 | −SGD 294,000 | −SGD 722,000 | −SGD 368,000 | −SGD 537,095 | −SGD 488,514 | −SGD 1.9m | −SGD 1.8m | −SGD 1.5m | −SGD 291,390 |
| Free cash flow | SGD 90.8m | SGD 37.7m | SGD 57.6m | SGD 51.0m | SGD 82.5m | SGD 41.5m | SGD 27.4m | SGD 21.4m | SGD 22.2m | SGD 9.8m |
| Dividends paid | −SGD 77.7m | −SGD 42.5m | −SGD 48.1m | −SGD 46.3m | −SGD 35.1m | −SGD 11.1m | −SGD 10.2m | −SGD 11.2m | −SGD 9.7m | −SGD 5.1m |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Dec 2022 | Sept 2022 | Jun 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SGD 517.5m | SGD 598.9m | SGD 437.4m | SGD 345.6m | SGD 473.8m | SGD 298.4m | SGD 258.4m | SGD 230.7m |
| Gross profit | SGD 48.9m | SGD 66.2m | SGD 37.5m | SGD 33.4m | SGD 45.2m | SGD 30.2m | SGD 26.7m | SGD 23.7m |
| Operating income | SGD 33.1m | SGD 52.1m | SGD 23.4m | SGD 20.5m | SGD 29.4m | SGD 41.1m | SGD 16.0m | SGD 20.3m |
| Net income | SGD 28.1m | SGD 42.3m | SGD 21.9m | SGD 19.0m | SGD 25.8m | SGD 17.8m | SGD 17.6m | SGD 13.1m |
| Diluted earnings per share | 0.04 | 0.06 | 0.03 | 0.03 | 0.03 | 0.05 | 0.05 | 0.04 |
| Cash from operations | SGD 45.0m | SGD 45.0m | SGD 21.0m | SGD 16.0m | — | SGD 11.0m | SGD 15.0m | SGD 1.0m |
| Total assets | SGD 333.4m | SGD 388.0m | SGD 285.7m | SGD 290.9m | SGD 343.1m | SGD 375.3m | SGD 312.6m | SGD 305.9m |
| Shareholders' equity | SGD 116.1m | SGD 125.0m | SGD 123.4m | SGD 118.3m | SGD 125.2m | SGD 125.5m | SGD 107.8m | SGD 110.6m |
Financial ratios
Data as of 4 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 10.3% | 9.1% | 9.7% | 10.2% | 10.6% | 11.0% | — |
| Operating margin | 8.0% | 6.4% | 7.1% | 6.0% | 7.4% | 5.8% | — |
| Net margin | 6.3% | 5.2% | 5.7% | 6.1% | 6.3% | 5.6% | — |
| Return on equity | 60.6% | 33.2% | 38.2% | 49.7% | 54.9% | 34.4% | — |
| Return on assets | 21.1% | 14.3% | 13.9% | 16.6% | 20.4% | 15.1% | — |
| Free cash flow yield | — | — | — | — | 13.8% | 7.0% | 5.1% |
| Revenue growth | 42.6% | -6.6% | -18.6% | 7.5% | 85.7% | 22.8% | — |
| Earnings growth | 72.0% | -14.4% | -23.3% | 3.9% | 106.4% | 45.2% | — |
| Current ratio | 1.55x | 1.71x | 1.50x | 1.50x | 1.60x | 1.79x | — |
| Equity ratio | 34.8% | 43.2% | 36.5% | 33.4% | 37.2% | 43.9% | — |
| Interest coverage | 1081.61x | 1916.46x | 1653.28x | 1932.73x | 1668.83x | 337.11x | — |
| Buybacks as a share of market value | — | — | — | — | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.7% | 16.7% | 18.5% |
| Operating income | -1.6% | 17.6% | 24.4% |
| Net income | 4.1% | 19.3% | 26.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 9.8% | 9.9% | 10.1% | 10.0% |
| Operating margin | 6.4% | 6.7% | 7.0% | 6.7% |
| Net margin | 5.9% | 5.9% | 5.9% | 5.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 9.9 | 8.5 | 7.2 | 4.5 | 5.2 | 5.0 | 4.8 | 4.6 |
| Price to sales | 0.6 | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 7 years. Last went ex-dividend on 27 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.045 | 0.105 | 0.058 | 0.105 | 0.063 | 0.048 | 0.019 | 0.024 |
- 2-for-1 split · 28 Apr 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.