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SPPL Financials SIMPPLE LTD.

5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings, in SGD as reported — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 9.0% per year over the past 4 years.
  • Operating margin has contracted, at -62.8% in the latest year.

Financial health

  • Operating income covered interest expense -7.4× in the latest year.
  • The company is unprofitable; at its current free-cash-flow burn it has roughly 1.3 years of cash runway.
Revenue & net income
-SGD 8M -SGD 530352 SGD 7M SGD 0 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-162% -51% 60% 0% 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-244% -122% 0% 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
-SGD 8M -SGD 4M SGD 14895 SGD 0 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
SGD 0 SGD 2M SGD 3M 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-SGD 8M SGD 783505 SGD 9M SGD 0 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 SGD 6M -SGD 4M 49.6% -62.8% -121.9% -37.8% -SGD 2M — SGD 3M
2024 SGD 4M -SGD 4M 59.9% -117.2% -160.8% -59.4% -SGD 1M — SGD 514825
2023 SGD 5M -SGD 8M 52.1% -161.1% -213.5% -86.4% -SGD 8M — SGD 1M
2022 SGD 7M -SGD 787512 55.3% -15.0% -243.8% -13.5% SGD 14895 — SGD 535023
2021 SGD 4M SGD 65819 55.7% 1.3% -5.1% — -SGD 372730 — —

Valuation over time

How the market has priced SPPL against its own fundamentals since 2023-09 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 39.8 79.6 Sep '23 Feb '24 Jul '24 Dec '24 May '25 Oct '25 Mar '26 Aug '26
P/S

Frequently asked questions

Is SPPL growing its revenue and profit?

Over the past 4 years, SIMPPLE LTD.'s revenue has grown 9.0% per year.

How much debt does SPPL have?

As of FY2025, SIMPPLE LTD. reported — of total debt against SGD 3M of cash; operating income covered interest expense -7.4×.

What is SPPL's profit margin?

In FY2025, gross margin was 49.6%, operating margin -62.8%, and net margin -70.8%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in SGD as reported (valuation multiples convert at the Federal Reserve H.10 rate of each date, via FRED) (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (annual and interim filings, reported in SGD) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · FX: Federal Reserve H.10 via FRED (DEXSIUS; 1 SGD = 0.7827 USD on 2026-10-30), the rate of each date for the valuation history · This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis. · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing.