
Revenue
FY, 2025
| SGD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 208.6M | 236.8M | 148.9M | 258.3M | 248.4M | 247.4M | 391.8M | 590.7M |
| Cost of goods sold | 198.4M | 223.7M | 161.9M | 241.7M | 258.7M | 215.2M | 331.6M | 483.3M |
| Gross profit | 12.4M | 16.8M | (2.4M) | 22.7M | (2.7M) | 39.1M | 66.4M | 113.5M |
| Gross profit margin, % | 7.1% | -1.6% | 8.8% | -1.1% | 15.8% | 16.9% | 19.2% | |
| Operating expense total | 10.7M | 14.2M | 13.3M | 11.7M | 14.2M | 15.2M | 17.3M | 21.6M |
| Depreciation and amortization | 3.5M | 8.2M | 11.3M | 11.7M | 11.0M | 10.2M | 13.8M | 14.5M |
| EBITDA | 1.8M | 2.6M | (15.7M) | 11.0M | (16.9M) | 23.9M | 49.0M | 91.9M |
| EBITDA margin, % | 1.1% | -10.5% | 4.3% | -6.8% | 9.7% | 12.5% | 15.6% | |
| EBIT | (1.7M) | (5.6M) | (27.1M) | (2.4M) | (28.0M) | 13.0M | 35.0M | 77.4M |
| EBIT margin, % | -2.4% | -18.2% | -0.9% | -11.3% | 5.3% | 8.9% | 13.1% | |
| Interest income | 31.0K | 35.0K | 23.0K | 5.0K | 3.0K | 9.0K | 233.0K | 776.0K |
| Interest expense | 635.0K | 1.9M | 1.9M | 1.9M | 2.3M | 3.6M | 3.5M | 2.3M |
| Pre tax profit | (2.4M) | (8.4M) | (29.5M) | (3.3M) | (30.0M) | 7.8M | 27.6M | 75.0M |
| Income tax expense | 871.0K | 727.0K | (844.0K) | (635.0K) | 1.7M | 523.0K | 1.0M | 11.3M |
| Net Income | (3.3M) | (9.1M) | (28.7M) | (2.6M) | (31.7M) | 7.3M | 26.6M | 63.6M |