SPPLNasdaqServices-Facilities Support Management Services
SIMPPLE LTD.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 8, 2026
$1.86−0.01 (-0.53%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2020 to 2025
Gross margin
49.6%
Operating margin
-62.8%
Net margin
-70.8%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +56.6% | -3.2% | – | – | |
| Gross profit | +29.6% | -6.6% | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -142.4% | |
| Return on assets | – | – | -47.3% | |
| Current ratio | – | – | 0.91 | |
| Interest coverage | – | – | -7.4× | |
| Inventory turnover | – | – | 3.7× | |
| Capex to revenue | – | – | 9.5% | |
| Diluted shares | – | – | 6M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Simpple generated 10.84M SGD from operations and spent 717.78K SGD on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
10.84M SGD
Used
717.78K SGD
Capital expenditure717.78K SGD100%Dividends0 SGD0%Share buybacks0 SGD0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-70.8%
×Asset turnover0.67×
×Equity multiplier3.01×
=Return on equity, FY2025-142.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -70.8% | 0.67× | 3.01× | -142.4% |
| FY2024 | -104.2% | 0.49× | 2.57× | -131.3% |
| FY2023 | -161.5% | 0.64× | 3.77× | -391.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-4.19M SGD
- Cash generatingOperating cash flow above zero-1.81M SGD
- Return on assets improvedROA up on the prior year-44.9% → -63.2%
- Earnings backed by cashOperating cash flow above net income-1.81M SGD vs -4.19M SGD
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.88 → 0.91
- No dilutionShare count did not rise4M → 6M
- Gross margin improvedGross margin up on the prior year59.93% → 49.60%
- More efficientAsset turnover rose0.43 → 0.89