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
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
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.
The price-to-sales ratio has fallen from 47.5× (Sep '23) to 3.2× (Nov '26).
Price / sales (P/S)
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.