Simpple (SPPL) Financial Statements & Analysis

Simpple Income Statement Analysis

Values in millions SGD

Income Statement Balance Sheet Cash Flow Ratios

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Simpple Ltd. income statement - Annual data in millions SGD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	5.81	3.86	4.69	6.51	4.20	3.40
Cost of Revenue	2.93	1.54	2.24	2.91	1.86	1.54
Gross Profit	2.88	2.31	2.44	3.60	2.34	1.86
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	6.54	6.83	4.99	4.57	2.28	2.23
Operating Expenses	6.54	6.83	4.91	4.57	2.28	2.23
Operating Income	-3.65	-4.52	-2.46	-0.97	0.06	-0.38
Other Income/Expense
Interest Income	0.00	0.00	0.27	0.44	0.00	0.00
Interest Expense	0.50	0.03	0.18	-0.13	0.16	0.12
Other Income/Expense	-0.46	0.12	-4.90	0.30	0.18	0.04
Income
Income Before Tax	-4.12	-4.30	-7.55	-0.67	0.23	-0.35
Income Tax Expense	0.00	-0.38	0.02	0.12	0.17	0.08
Net Income	-4.12	-4.02	-7.57	-0.79	0.07	-0.41
Net Income - Continuous Operations	-4.12	-4.02	-7.57	-0.79	0.07	-0.41
Net Income - Discontinued Operations	-	-	-	-	-	-
EBITDA	-2.85	-3.81	-6.82	-0.66	0.57	-0.20
EBIT	-3.68	-4.27	-7.36	-0.97	0.06	-0.39
Depreciation & Amortization	0.77	0.71	0.54	0.31	0.18	0.18
Earnings Per Share
Basic EPS	-1.00	-	-4.00	-	-	-
Diluted EPS	-1.00	-	-4.00	-	-	-
Basic Shares Outstanding	5.79	15.67	2.03	1.81	16.46	16.46
Diluted Shares Outstanding	5.79	16.46	2.03	1.81	16.46	16.46

Source: Company financial statements from annual and quarterly filings. Data as of Dec 31, 2025. Data sources and methodology

Frequently Asked Questions About Simpple Financial Statements

What was Simpple's revenue in fiscal 2025?

Simpple reported revenue of SGD 5.81M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 50.8% from SGD 3.86M a year earlier.

Is Simpple profitable?

No. Simpple reported a net loss of SGD 4.12M in fiscal 2025. In fiscal 2024 it lost SGD 4.02M.

What is Simpple's operating margin?

Simpple's operating income was −SGD 3.65M on revenue of SGD 5.81M in fiscal 2025, an operating margin of -62.8%, compared with -117.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition