Income Statement Simpple Ltd.

Stocks

SPPL

KYG8192U1159

Software

Market Closed - Nasdaq 16:30:00 2026-10-08 EDT			5-day change	1st Jan Change
1.900 ^USD	-5.00%		-4.52%	-55.29%

04-08	Simpple Ltd. Reports Earnings Results for the Full Year Ended December 31, 2025	CI
04-01	Simpple Ltd Appoints Ho Hin Yip as the Independent Director and Chairperson of the Nominating and Corporate Governance Committee, A Member of the Audit Committee and Compensation Committee of the Company, Effective from April 1, 2026	CI

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Published financial data: SIMPPLE LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (SGD)	2022 (SGD)	2023 (SGD)	2024 (SGD)	2025 (SGD)
Revenues	4.18M	6.51M	4.69M	3.77M	5.91M
Total Revenues	4.18M	6.51M	4.69M	3.77M	5.91M
Cost of Goods Sold, Total	1.85M	2.91M	2.24M	1.51M	2.98M
Gross Profit	2.33M	3.6M	2.44M	2.26M	2.93M
Selling General & Admin Expenses, Total	2.27M	4.57M	4.99M	6.68M	6.64M
Other Operating Expenses, Total	2.27M	4.57M	4.99M	6.68M	6.64M
Operating Income	55.72K	-973K	-2.55M	-4.42M	-3.71M
Interest Expense, Total	-157K	-131K	-183K	-34.85K	-503K
Net Interest Expenses	-157K	-131K	-183K	-34.85K	-503K
Currency Exchange Gains (Loss)	-	-	-48.49K	-	-
Other Non Operating Income (Expenses)	182K	435K	-4.77M	156K	31.14K
EBT, Excl. Unusual Items	80.6K	-669K	-7.55M	-4.3M	-4.19M
Gain (Loss) On Sale Of Assets	152K	-	-	-	-
EBT, Incl. Unusual Items	233K	-669K	-7.55M	-4.3M	-4.19M
Income Tax Expense	167K	119K	23.09K	-369K	-
Earnings From Continuing Operations	65.82K	-788K	-7.57M	-3.93M	-4.19M
Net Income to Company	65.82K	-788K	-7.57M	-3.93M	-4.19M
Net Income - (IS)	65.82K	-788K	-7.57M	-3.93M	-4.19M
Net Income to Common Incl Extra Items	65.82K	-788K	-7.57M	-3.93M	-4.19M
Net Income to Common Excl. Extra Items	65.82K	-788K	-7.57M	-3.93M	-4.19M
Per Share Items
Net EPS - Basic	0.04	-0.44	-3.73	-1.11	-0.72
Basic EPS - Continuing Operations	0.04	-0.44	-3.73	-1.11	-0.72
Basic Weighted Average Shares Outstanding	1.57M	1.81M	2.03M	3.54M	5.79M
Net EPS - Diluted	0.04	-0.44	-3.73	-1.11	-0.72
Diluted EPS - Continuing Operations	0.04	-0.44	-3.73	-1.11	-0.72
Diluted Weighted Average Shares Outstanding	1.59M	1.81M	2.03M	3.54M	5.79M
Normalized Basic EPS	0.03	-0.23	-2.33	-0.76	-0.45
Normalized Diluted EPS	0.03	-0.23	-2.33	-0.76	-0.45
Supplemental Items
EBITDA	152K	-756K	-2.5M	-4.37M	-3.67M
EBITA	55.72K	-973K	-2.55M	-4.42M	-3.71M
EBIT	55.72K	-973K	-2.55M	-4.42M	-3.71M
Effective Tax Rate - (Ratio)	71.74	-17.74	-0.31	8.57	-
Current Domestic Taxes	167K	119K	23.09K	-	-
Total Current Taxes	167K	119K	23.09K	-369K	-
Normalized Net Income	50.38K	-418K	-4.72M	-2.69M	-2.62M
Interest on Long-Term Debt	8.21K	15.31K	14.26K	11.21K	2.92K
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	2.27M	4.57M	4.99M	6.68M	6.64M

Fiscal Period: December	2021 (SGD)	2022 (SGD)	2023 (SGD)	2024 (SGD)	2025 (SGD)
Assets
Cash And Equivalents	758K	535K	1.19M	515K	3.14M
Short Term Investments	28.63K	32.98K	31.4K	66.92K	21.97K
Total Cash And Short Term Investments	786K	568K	1.22M	582K	3.16M
Accounts Receivable, Total	1.68M	774K	4.29M	524K	846K
Other Receivables	453K	4.97K	148K	665K	23.05K
Total Receivables	2.13M	779K	4.44M	1.19M	869K
Inventory	1.11M	1.03M	867K	793K	817K
Prepaid Expenses	682K	140K	112K	632K	565K
Restricted Cash	-	-	-	-	1M
Other Current Assets, Total	-	1.86M	305K	448K	141K
Total Current Assets	4.71M	4.38M	6.94M	3.65M	6.55M
Gross Property Plant And Equipment	532K	773K	701K	626K	1.77M
Accumulated Depreciation	-310K	-393K	-425K	-482K	-526K
Net Property Plant And Equipment	222K	380K	276K	144K	1.24M
Long-term Investments	1	-	-	-	-
Other Intangibles, Total	-	1.07M	1.55M	2.4M	3.28M
Accounts Receivable Long-Term	-	-	-	21.96K	-
Other Long-Term Assets, Total	-	-	-	408K	-
Total Assets	4.93M	5.83M	8.76M	6.62M	11.07M
Liabilities
Accounts Payable, Total	316K	317K	496K	899K	409K
Accrued Expenses, Total	192K	439K	704K	470K	357K
Short-term Borrowings	963K	758K	389K	300K	525K
Current Portion of Long-Term Debt	962K	1.18M	754K	521K	2.72M
Current Portion of Leases	87.56K	102K	93K	85.58K	260K
Current Income Taxes Payable	242K	316K	240K	-	-
Unearned Revenue Current, Total	738K	386K	1.84M	1.88M	2.07M
Other Current Liabilities	63.78K	511K	82.66K	-	864K
Total Current Liabilities	3.56M	4.01M	4.6M	4.16M	7.21M
Long-Term Debt	2.22M	1.28M	522K	-	-
Long-Term Leases	37.46K	217K	98.88K	13.29K	427K
Total Liabilities	5.82M	5.51M	5.22M	4.17M	7.63M
Common Stock, Total	1.36K	2.06K	2.06K	2.06K	2.06K
Additional Paid In Capital	1.05M	3.45M	14.24M	17.04M	22.28M
Retained Earnings	-2.34M	-3.13M	-10.7M	-14.63M	-18.82M
Comprehensive Income and Other	400K	-	-1.2K	37.55K	-30.18K
Total Common Equity	-889K	323K	3.55M	2.45M	3.43M
Total Equity	-889K	323K	3.55M	2.45M	3.43M
Total Liabilities And Equity	4.93M	5.83M	8.76M	6.62M	11.07M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.57M	1.81M	2.03M	3.54M	9.79M
ECS Total Common Shares Outstanding	1.57M	1.81M	2.03M	3.54M	5.79M
Book Value / Share	-0.57	0.18	1.75	0.69	0.59
Tangible Book Value	-889K	-750K	2M	48.12K	158K
Tangible Book Value Per Share	-0.57	-0.41	0.99	0.01	0.03
Total Debt	4.27M	3.54M	1.86M	919K	3.93M
Net Debt	3.48M	2.97M	637K	338K	774K
Equity Method Investments, Total	1	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	1.11M	1.03M	867K	793K	817K
Machinery, Total	347K	370K	423K	439K	451K
Full Time Employees	-	34	56	35	39
Accumulated Allowance for Doubtful Accounts (Supple)	-	603K	547K	-	130K

Fiscal Period: December	2021 (SGD)	2022 (SGD)	2023 (SGD)	2024 (SGD)	2025 (SGD)
Net Income	65.82K	-788K	-7.57M	-3.93M	-4.19M
Depreciation & Amortization - CF	175K	312K	125K	148K	212K
Depreciation & Amortization, Total	175K	312K	125K	148K	212K
Amortization of Deferred Charges, Total - (CF)	-	-	418K	546K	567K
(Gain) Loss From Sale Of Asset	-152K	-	-	-	-
Provision and Write-off of Bad Debts	-	603K	56K	-	130K
Other Operating Activities, Total	-	207K	-	-	65.37K
Change In Accounts Receivable	-533K	301K	-3.57M	3.74M	-429K
Change In Inventories	-776K	-131K	166K	73.98K	-23.4K
Change In Accounts Payable	173K	488	179K	404K	-489K
Change in Unearned Revenues	-93.99K	-352K	1.45M	44.19K	187K
Change In Income Taxes	161K	74.53K	-76.53K	-240K	-
Change in Other Net Operating Assets	686K	-179K	1.28M	-1.94M	2.16M
Cash from Operations	-294K	48.83K	-7.54M	-1.16M	-1.81M
Capital Expenditure	-112K	-33.94K	-21.26K	-15.9K	-562K
Sale of Property, Plant, and Equipment	656K	-	-	-	-
Sale (Purchase) of Intangible assets	-	-1.2M	-892K	-1.4M	-1.44M
Investment in Marketable and Equity Securities, Total	250K	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-1M
Cash from Investing	794K	-1.23M	-913K	-1.41M	-3.01M
Short Term Debt Issued, Total	-	-	-	-	6.55M
Long-Term Debt Issued, Total	-	719K	38.5K	-	750K
Total Debt Issued	-	719K	38.5K	-	7.3M
Short Term Debt Repaid, Total	-	-205K	-370K	-89.13K	-4.36M
Long-Term Debt Repaid, Total	-750K	-1.55M	-1.35M	-848K	-682K
Total Debt Repaid	-750K	-1.76M	-1.72M	-937K	-5.04M
Issuance of Common Stock	750K	2M	10.8M	2.79M	5.24M
Other Financing Activities, Total	-1.17M	-	-	-	-
Cash from Financing	-1.17M	960K	9.11M	1.86M	7.5M
Foreign Exchange Rate Adjustments	-	-	-1.2K	38.75K	-67.73K
Net Change in Cash	-666K	-223K	652K	-673K	2.62M
Supplemental Items
Cash Interest Paid	157K	131K	183K	34.85K	503K
Cash Income Tax Paid (Refund)	6.16K	119K	23.09K	-129K	-
Levered Free Cash Flow	-383K	-1.08M	-2.59M	-1.01M	-3.74M
Unlevered Free Cash Flow	-284K	-999K	-2.48M	-984K	-3.43M
Change In Net Working Capital	382K	-529K	519K	-2.5M	-120K
Net Debt Issued / Repaid	-750K	-1.04M	-1.68M	-937K	2.26M

Fiscal Period: December	2021 (SGD)	2022 (SGD)	2023 (SGD)	2024 (SGD)	2025 (SGD)
Profitability
Return on Assets	0.66	-11.31	-21.8	-35.94	-26.25
Return on Total Capital	0.89	-16.8	-34.33	-63.04	-43.25
Return On Equity %	-5.07	278.07	-391.29	-131.26	-142.38
Return on Common Equity	-5.07	278.07	-391.29	-131.26	-142.38
Margin Analysis
Gross Profit Margin %	55.67	55.29	52.11	59.93	49.6
SG&A Margin	54.34	70.24	106.41	177.13	112.44
EBITDA Margin %	3.63	-11.61	-53.26	-115.7	-62.08
EBITA Margin %	1.33	-14.95	-54.3	-117.2	-62.85
EBIT Margin %	1.33	-14.95	-54.3	-117.2	-62.85
Income From Continuing Operations Margin %	1.57	-12.1	-161.53	-104.23	-70.84
Net Income Margin %	1.57	-12.1	-161.53	-104.23	-70.84
Net Avail. For Common Margin %	1.57	-12.1	-161.53	-104.23	-70.84
Normalized Net Income Margin	1.21	-6.42	-100.65	-71.25	-44.27
Levered Free Cash Flow Margin	-9.16	-16.6	-55.34	-26.66	-63.33
Unlevered Free Cash Flow Margin	-6.81	-15.34	-52.9	-26.08	-58.01
Asset Turnover
Asset Turnover	0.79	1.21	0.64	0.49	0.67
Fixed Assets Turnover	8.27	21.64	14.29	17.97	8.54
Receivables Turnover (Average Receivables)	2.96	5.31	1.85	1.58	8.62
Inventory Turnover (Average Inventory)	2.57	2.72	2.36	1.82	3.7
Short Term Liquidity
Current Ratio	1.32	1.09	1.51	0.88	0.91
Quick Ratio	0.82	0.34	1.23	0.43	0.56
Operating Cash Flow to Current Liabilities	-0.08	0.01	-1.64	-0.28	-0.25
Days Sales Outstanding (Average Receivables)	123.32	68.76	197.17	231.02	42.33
Days Outstanding Inventory (Average Inventory)	142.14	134.35	154.56	201.03	98.69
Average Days Payable Outstanding	31.88	40.72	71.33	177.52	79.57
Cash Conversion Cycle (Average Days)	233.58	162.38	280.41	254.54	61.45
Long Term Solvency
Total Debt/Equity	-479.91	1.1K	52.33	37.59	114.57
Total Debt / Total Capital	126.32	91.64	34.35	27.32	53.39
LT Debt/Equity	-253.63	462.62	17.49	0.54	12.45
Long-Term Debt / Total Capital	66.76	38.69	11.48	0.4	5.8
Total Liabilities / Total Assets	118.04	94.46	59.53	63.03	68.98
EBIT / Interest Expense	0.35	-7.44	-13.9	-126.91	-7.38
EBITDA / Interest Expense	0.96	-5.78	-13.64	-125.29	-7.29
(EBITDA - Capex) / Interest Expense	0.25	-6.03	-13.75	-125.75	-8.4
Total Debt / EBITDA	28.16	-4.68	-0.74	-0.21	-1.07
Net Debt / EBITDA	22.97	-3.93	-0.26	-0.08	-0.21
Total Debt / (EBITDA - Capex)	107.56	-4.48	-0.74	-0.21	-0.93
Net Debt / (EBITDA - Capex)	87.75	-3.76	-0.25	-0.08	-0.18
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	17.91	55.77	-28.01	-19.49	56.57
Gross Profit, 1 Yr. Growth %	20.16	54.71	-32.14	-7.41	29.57
EBITDA, 1 Yr. Growth %	-151.91	-598.51	183.52	74.91	-15.99
EBITA, 1 Yr. Growth %	-114.21	-1.85K	161.47	73.76	-16.04
EBIT, 1 Yr. Growth %	-114.21	-1.85K	161.47	73.76	-16.04
Earnings From Cont. Operations, 1 Yr. Growth %	-115.54	-1.3K	861.37	-48.05	6.41
Net Income, 1 Yr. Growth %	-115.54	-1.3K	861.37	-48.05	6.41
Normalized Net Income, 1 Yr. Growth %	-123.34	-929.76	1.03K	-43.01	-2.7
Diluted EPS Before Extra, 1 Yr. Growth %	-111.86	-1.3K	756.95	-70.23	-34.9
Accounts Receivable, 1 Yr. Growth %	46.51	-53.86	453.95	-87.63	61.32
Inventory, 1 Yr. Growth %	232.51	-6.84	-16.06	-8.53	2.95
Net Property, Plant and Equip., 1 Yr. Growth %	-71.9	71.53	-27.39	-47.83	761.15
Total Assets, 1 Yr. Growth %	-13.53	18.29	50.26	-24.49	67.22
Tangible Book Value, 1 Yr. Growth %	-47.84	-15.73	-366.79	-97.59	227.78
Common Equity, 1 Yr. Growth %	-47.84	-136.32	997.9	-31.03	40.34
Cash From Operations, 1 Yr. Growth %	71.19	-116.97	-15.55K	-84.69	56.48
Capital Expenditures, 1 Yr. Growth %	107.48	-60.05	-37.34	-25.22	3.43K
Levered Free Cash Flow, 1 Yr. Growth %	-	210.93	140.04	-60.45	271.94
Unlevered Free Cash Flow, 1 Yr. Growth %	-	300.62	148.24	-59.48	248.21
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	35.53	5.9	-23.87	12.27
Gross Profit, 2 Yr. CAGR %	-	36.34	2.46	-20.74	9.53
EBITDA, 2 Yr. CAGR %	-	60.87	223.17	156.89	35.36
EBITA, 2 Yr. CAGR %	-	57.53	575.85	113.15	20.78
EBIT, 2 Yr. CAGR %	-	57.53	575.85	113.15	20.78
Earnings From Cont. Operations, 2 Yr. CAGR %	-	36.35	972.5	123.48	-25.65
Net Income, 2 Yr. CAGR %	-	36.35	972.5	123.48	-25.65
Normalized Net Income, 2 Yr. CAGR %	-	39.16	867.67	153.6	-25.54
Diluted EPS Before Extra, 2 Yr. CAGR %	-	13.65	912.59	59.71	-55.98
Accounts Receivable, 2 Yr. CAGR %	-	-17.78	59.86	-17.71	-55.33
Inventory, 2 Yr. CAGR %	-	76	-11.57	-12.38	-2.96
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-30.58	11.61	-38.45	111.96
Total Assets, 2 Yr. CAGR %	-	1.14	33.32	6.52	12.37
Tangible Book Value, 2 Yr. CAGR %	-	-33.7	49.95	-74.66	-71.92
Common Equity, 2 Yr. CAGR %	-	-56.48	99.69	175.18	-1.62
Cash From Operations, 2 Yr. CAGR %	-	-46.65	412.03	386.35	-51.05
Capital Expenditures, 2 Yr. CAGR %	-	-20.68	-49.97	-31.55	413.96
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	173.2	-3.51	21.29
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	215.36	-0.73	18.78
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	9.76	-3.35	-3.18
Gross Profit, 3 Yr. CAGR %	-	-	8.05	-0.94	-6.63
EBITDA, 3 Yr. CAGR %	-	-	104.46	163.37	76.99
EBITA, 3 Yr. CAGR %	-	-	86.52	329.75	56.25
EBIT, 3 Yr. CAGR %	-	-	86.52	329.75	56.25
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	161.45	290.95	74.51
Net Income, 3 Yr. CAGR %	-	-	161.45	290.95	74.51
Normalized Net Income, 3 Yr. CAGR %	-	-	179.58	276.49	84.28
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	122.87	212.51	18.42
Accounts Receivable, 3 Yr. CAGR %	-	-	55.28	-32.15	2.99
Inventory, 3 Yr. CAGR %	-	-	37.51	-10.57	-7.54
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-29.53	-13.38	48.31
Total Assets, 3 Yr. CAGR %	-	-	15.4	10.31	23.8
Tangible Book Value, 3 Yr. CAGR %	-	-	5.45	-62.18	-40.52
Common Equity, 3 Yr. CAGR %	-	-	27.65	40.1	119.85
Cash From Operations, 3 Yr. CAGR %	-	-	252.94	58.92	233.26
Capital Expenditures, 3 Yr. CAGR %	-	-	-26.68	-42.8	154.84
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	42.52	51.29
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	58.04	50.83
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	10.76
Gross Profit, 5 Yr. CAGR %	-	-	-	-	8.64
EBITDA, 5 Yr. CAGR %	-	-	-	-	65.88
EBITA, 5 Yr. CAGR %	-	-	-	-	56.76
EBIT, 5 Yr. CAGR %	-	-	-	-	56.76
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	58.11
Net Income, 5 Yr. CAGR %	-	-	-	-	58.11
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	64.69
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	16.49
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-5.89
Inventory, 5 Yr. CAGR %	-	-	-	-	19.61
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	9.47
Total Assets, 5 Yr. CAGR %	-	-	-	-	14.18
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	-37.88
Common Equity, 5 Yr. CAGR %	-	-	-	-	15.02
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	60.14
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	59.78