| SGD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.0 | 0.4 | 0.5 | 0.1 | 0.3 | +359.3% | |
| Cost of revenue | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 1.2 | +6942.6% | |
| Gross profit | 0.1 | 0.1 | (0.1) | 0.5 | 0.1 | (0.9) | −1792.6% | |
| Research & development | 1.0 | 1.1 | 1.5 | 1.6 | 1.9 | 2.2 | +14.3% | |
| Selling, general & administrative | 0.2 | 0.6 | 0.6 | 0.5 | 1.3 | 1.4 | +13.9% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −100.0% | |
| Operating expenses | 1.2 | 1.3 | 2.2 | 2.1 | 3.2 | 3.6 | +14.1% | |
| Operating income | (1.3) | (1.2) | (2.3) | (1.6) | (3.1) | (4.5) | −44.4% | |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | +1.3% | |
| Interest income | 0.1 | 0.0 | 0.0 | 0.3 | 0.3 | 0.1 | −61.6% | |
| Other income / expense | (0.5) | (0.9) | (0.8) | (2.6) | 0.6 | 0.6 | +6.0% | |
| Pre-tax income | (1.9) | (2.1) | (3.1) | (4.1) | (2.6) | (3.9) | −52.6% | |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | (0.1) | 0.0 | +100.0% | |
| Net income | (1.9) | (2.1) | (3.1) | (4.1) | (2.5) | (3.9) | −55.6% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (0.33) | (0.30) | (0.40) | (0.38) | (0.22) | (0.33) | −50.0% | |
| EPS, diluted (per share) | (0.33) | (0.30) | (0.40) | (0.38) | (0.22) | (0.33) | −50.0% | |
| EBITDA | (1.0) | (1.4) | (1.5) | (3.9) | (2.0) | (4.3) | −116.0% | |
| Depreciation & amortization | 0.3 | 0.3 | 0.4 | 0.1 | 0.1 | 0.2 | +78.5% | |
| Weighted average shares (shares) | 5,897,651 | 6,934,824 | 7,915,101 | 10,630,367 | 11,539,834 | 11,647,225 | +0.9% | |
| Weighted average diluted shares (shares) | 5,897,651 | 6,934,824 | 7,915,101 | 10,630,344 | 11,539,834 | 11,647,225 | +0.9% | |
| Gross margin | — | — | −29.8% | 99.3% | 75.4% | −277.7% | −353.1 pts | |
| Operating margin | — | — | −624.5% | −310.2% | −4,504.3% | −1,416.0% | +3088.3 pts | |
| Net margin | — | — | −835.7% | −814.0% | −3,621.1% | −1,227.1% | +2394.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in SGD; the shares trade in USD.
