Forcendra Holding Ltd (FCDH) income statement

FCDHNasdaqServices-Advertising AgenciesFiscal year ends December 31Also trades as VSME

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 30, 2026Score 2/30

$0.60−0.04 (-6.21%)

Close on Nov 3, 2026Market cap $33.12MP/E –Yield 0.00%

Forcendra Holding Ltd income statement

AnnualQuarterlyTTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	7.52	8.25	7.99	9.03	11
Cost of Revenue	5.74	6.55	6.35	6.74	8.66
Gross Profit	1.78	1.69	1.64	2.28	2.28
Selling, General & Admin	7.73	7.65	7.19	3.93	2.35
Selling & Marketing	0.97	0.49	0.22	0.07	0.19
General & Administrative	6.76	7.16	6.97	3.86	2.16
Operating Expenses	8.21	8.60	8.05	3.93	2.35
Operating Income	-6.43	-6.90	-6.41	-1.64	-0.07
Interest Expense	0.16	0.41	0.29	0.21	0.19
Interest & Investment Income	0.01	0.01	0.01	0.00	–
Income from Equity Investments	-0.16	–	–	–	–
Other Non-Operating Income	-2.19	-0.39	-0.18	-0.16	-0.14
Asset Impairment Charges	1.12	–	–	–	–
Pretax Income	-8.61	-7.29	-6.59	-1.81	-0.21
Income from Continuing Operations	–	-7.29	-6.59	-1.81	-0.21
Net Income	-8.61	-7.29	-6.59	3.53	-0.23
EPS (Basic)(per share)	-5.20	-46.08	-46.16	1.23	-0.01
EPS (Diluted)(per share)	-5.20	-46.08	-46.16	1.23	-0.01
Shares Outstanding (Basic, Weighted)(shares)	1.66	0.16	0.14	2.86	20
Shares Outstanding (Diluted, Weighted)(shares)	1.66	0.16	0.14	2.86	20
Dividend per Share(per share)	0.00	0.00	0.00	0.00	–
EBITDA	–	–	-6.32	-1.55	0.01
Provision for Credit Losses	0.41	1.75	0	0.07	0.00

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 23.7%
Operating margin: -85.4%
Net margin: -114.5%
Return on equity, FY2025: -317.9%

Financial strength

Current ratio: 1.47
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 19.4%

Valuation

P/E ratio: –
Price to sales: 4.40
Price to book: 8.01
Dividend yield: 0.00%

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