Ryde Group Ltd.(RYDE)Earnings, Financials & Key Ratios
RYDE•AMEX
$1.15
$24M mkt cap·Price updated May 6, 2026
AboutRyde Group Ltd engages in mobility and quick commerce businesses in Singapore. The Mobility segment provides carpooling and ride-hailing services. The Quick Commerce segment offers real-time on-demand, scheduled, and multi-stop parcel delivery services. The company was founded in 2014 and is headquartered in Singapore.Show more
- Revenue$9M+3.3%
- EBITDA-$18M-58.8%
- Net Income-$19M-45.4%
- EPS (Diluted)-0.88-31.3%
- Gross Margin23.24%+8.6%
- EBITDA Margin-201.55%-53.8%
- Operating Margin-207.8%-53.2%
- Net Margin-208.38%-40.8%
- ROE-482.16%
- Debt/Equity0.03
- Interest Coverage-241.53-816.1%
RYDE Key Insights
Ryde Group Ltd. (RYDE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Momentum leader: RS Rating 98 (top 2%)
✗Weaknesses
- ✗Negative free cash flow
- ✗Shares diluted 11.2% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
RYDE Price & Volume
Ryde Group Ltd. (RYDE) stock price & volume — 10-year historical chart
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RYDE Growth Metrics
Ryde Group Ltd. (RYDE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years13.05%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years-469.77%
5 Years-469.77%
3 Years-469.77%
Last Year-469.77%
RYDE Peer Comparison
Ryde Group Ltd. (RYDE) competitors in Vertical industry SaaS applications — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 UBER | 162.94B | 79.17 | 16.74 | 18.28% | 15.91% | 32.07% | 0.48 | |
 LYFT | 5.7B | 14.23 | 2.09 | 9.16% | 45.03% | 86.88% | 0.41 | |
 GRAB | 14.98B | 3.77 | 59.18 | 20.49% | 10.67% | 5.79% | 0.30 | |
 BLNK | 98.22M | 0.86 | -0.44 | -11.16% | -118.72% | -131.92% | 0.09 | |
 GOOGL | 4.81T | 397.82 | 36.80 | 15.13% | 37.91% | 38.98% | 0.14 | |
 AAPL | 4.22T | 287.46 | 38.53 | 6.43% | 27.15% | 146.69% | 1.52 | |
 PYPL | 42.56B | 46.26 | 8.55 | 4.32% | 25.08% | 0.49 | ||
 MAPS | 17.89M | 0.37 | 18.69 | -5.32% | 1.12% | 1.51% | 0.20 |
Compare RYDE vs Peers
Ryde Group Ltd. (RYDE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
RYDE Income Statement
Ryde Group Ltd. (RYDE) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 6.2M | 8.82M | 8.67M | 8.95M | 13.59M |
| Revenue Growth % | - | 42.45% | -1.79% | 3.27% | - |
| Cost of Goods Sold | 4.44M | 7.17M | 6.81M | 6.87M | 18.75M |
| COGS % of Revenue | 71.66% | 81.19% | 78.61% | 76.76% | - |
| Gross Profit | 170.41K▲ 0% | -765.78K▼ 549.4% | 1.85M▲ 342.1% | 2.08M▲ 12.2% | -5.16M▲ 0% |
| Gross Margin % | 2.75% | -8.68% | 21.39% | 23.24% | -37.99% |
| Gross Profit Growth % | - | -549.39% | 342.11% | 12.19% | - |
| Operating Expenses | 1.29M | 2.77M | 13.61M | 20.68M | 10.19M |
| OpEx % of Revenue | 20.76% | 31.42% | 157.07% | 231.04% | - |
| Selling, General & Admin | 722K | 2.7M | 11.97M | 14.96M | 10.19M |
| SG&A % of Revenue | 11.65% | 30.59% | 138.12% | 167.15% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - |
| Other Operating Expenses | 563.85K | 73.05K | 1.64M | 5.72M | 0 |
| Operating Income | 172K▲ 0% | -3.02M▼ 1854.7% | -11.76M▼ 289.6% | -18.6M▼ 58.2% | -11.17M▲ 0% |
| Operating Margin % | 2.78% | -34.2% | -135.68% | -207.8% | -82.19% |
| Operating Income Growth % | - | -1854.65% | -289.63% | -58.16% | - |
| EBITDA | 445K | -2.72M | -11.36M | -18.04M | -10.48M |
| EBITDA Margin % | 7.18% | -30.79% | -131.04% | -201.55% | -77.1% |
| EBITDA Growth % | - | -710.56% | -318% | -58.84% | - |
| D&A (Non-Cash Add-back) | 273K | 301K | 402K | 559K | 692K |
| EBIT | -1.56M | -5.05M | -12.42M | -18.6M | -18.49M |
| Net Interest Income | -118K | -198K | -446K | -77K | -238.5K |
| Interest Income | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 118K | 198K | 446K | 77K | 424.73K |
| Other Income/Expense | -1.41M | -1.94M | -1.11M | -77K | -7.45M |
| Pretax Income | -1.24M▲ 0% | -4.96M▼ 300.0% | -12.87M▼ 159.5% | -18.68M▼ 45.1% | -18.62M▲ 0% |
| Pretax Margin % | -20.02% | -56.2% | -148.48% | -208.66% | -136.98% |
| Income Tax | 0 | 0 | 0 | 0 | -32K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0.17% |
| Net Income | -1.23M▲ 0% | -4.92M▼ 299.9% | -12.83M▼ 160.6% | -18.65M▼ 45.4% | -18.56M▲ 0% |
| Net Margin % | -19.87% | -55.78% | -148% | -208.38% | -136.6% |
| Net Income Growth % | - | -299.92% | -160.55% | -45.4% | - |
| Net Income (Continuing) | -1.24M | -4.96M | -12.87M | -18.68M | -18.58M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -14.84K | -42.5K | -59.89K | -104K | -106K |
| EPS (Diluted) | -0.11▲ 0% | -0.42▼ 281.8% | -0.67▼ 59.5% | -0.88▼ 31.3% | -0.68▲ 0% |
| EPS Growth % | - | -281.82% | -59.52% | -31.34% | - |
| EPS (Basic) | -0.11 | -0.42 | -0.67 | -0.88 | - |
| Diluted Shares Outstanding | 11.7M | 11.7M | 19.11M | 21.26M | 27.39M |
| Basic Shares Outstanding | 11.7M | 11.7M | 19.11M | 21.26M | 27.39M |
| Dividend Payout Ratio | - | - | - | - | - |
RYDE Balance Sheet
Ryde Group Ltd. (RYDE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 3.31M | 3.77M | 4.46M | 8.19M | 4.5M |
| Cash & Short-Term Investments | 2.85M | 2.24M | 1.69M | 5.52M | 3.32M |
| Cash Only | 2.85M | 2.24M | 1.69M | 5.52M | 3.11M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 214K |
| Accounts Receivable | 11K | 234K | 203K | 154K | 78K |
| Days Sales Outstanding | 0.65 | 9.68 | 8.55 | 6.28 | 4.91 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - |
| Other Current Assets | 233K | 925.98K | 2.24M | 140K | 291K |
| Total Non-Current Assets | 278.16K | 414.55K | 734K | 896K | 2.76M |
| Property, Plant & Equipment | 17.06K | 17.15K | 61K | 155K | 113K |
| Fixed Asset Turnover | 363.13x | 514.64x | 142.08x | 57.74x | 150.58x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 351K | 532K | 673K | 741K | 784K |
| Long-Term Investments | 742 | 746 | 0 | 0 | 1.87M |
| Other Non-Current Assets | -90.64K | -135.34K | 0 | 0 | 0 |
| Total Assets | 2.74M▲ 0% | 3.22M▲ 17.8% | 5.2M▲ 61.2% | 9.08M▲ 74.8% | 7.26M▲ 0% |
| Asset Turnover | 2.26x | 2.74x | 1.67x | 0.99x | 1.84x |
| Asset Growth % | - | 17.76% | 61.24% | 74.79% | 302.42% |
| Total Current Liabilities | 4.77M | 5.16M | 12.59M | 5.13M | 4.99M |
| Accounts Payable | 2.86M | 3.4M | 5.46M | 4.08M | 3.86M |
| Days Payables Outstanding | 235.31 | 173.24 | 292.68 | 216.5 | 83.73 |
| Short-Term Debt | 500K | 1.75M | 5.15M | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 919.05K | -817.62K | 0 | 0 | 0 |
| Current Ratio | 0.70x | 0.73x | 0.35x | 1.60x | 1.60x |
| Quick Ratio | 0.70x | 0.73x | 0.35x | 1.60x | 1.60x |
| Cash Conversion Cycle | - | - | - | - | -78.82 |
| Total Non-Current Liabilities | 0 | 3.8M | 24.26K | 91K | 20K |
| Long-Term Debt | 0 | 3.8M | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 59K | 79K |
| Deferred Tax Liabilities | 0 | 0 | 24.26K | 32K | 88.26K |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 4.77M | 8.96M | 12.62M | 5.22M | 5.01M |
| Total Debt | 500K | 5.55M | 5.2M | 135K | 97K |
| Net Debt | -2.35M | 3.31M | 3.51M | -5.38M | -3.01M |
| Debt / Equity | - | - | - | 0.03x | 0.03x |
| Debt / EBITDA | 1.12x | - | - | - | -0.01x |
| Net Debt / EBITDA | -5.28x | - | - | - | 0.29x |
| Interest Coverage | 1.46x | -15.24x | -26.37x | -241.53x | -43.54x |
| Total Equity | -2.03M▲ 0% | -5.74M▼ 182.9% | -7.42M▼ 29.4% | 3.87M▲ 152.1% | 2.26M▲ 0% |
| Equity Growth % | - | -182.88% | -29.38% | 152.12% | 172.25% |
| Book Value per Share | -0.17 | -0.49 | -0.39 | 0.18 | 0.08 |
| Total Shareholders' Equity | -155K | -4.96M | -5.57M | 3.97M | 2.36M |
| Common Stock | 3K | 3K | 3.03K | 7K | 9K |
| Retained Earnings | -8.14M | -13.07M | -25.89M | -44.54M | -49.35M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | -117K | 111K | -122K |
| Minority Interest | -14.84K | -42.5K | -59.89K | -104K | -106K |
RYDE Cash Flow Statement
Ryde Group Ltd. (RYDE) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | -112K | -3.84M | -1.61M | -11.73M | -11.73M |
| Operating CF Margin % | -1.81% | -43.52% | -18.6% | -131.09% | - |
| Operating CF Growth % | - | -3329.46% | 58.03% | -627.85% | -253.3% |
| Net Income | -1.24M | -4.96M | -12.87M | -18.68M | -18.56M |
| Depreciation & Amortization | 273K | 301K | 402K | 559K | 923.14K |
| Stock-Based Compensation | 0 | 0 | 6.96M | 10.35M | 5.29M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1K | 0 | 1.83M | 440K | 10.95M |
| Working Capital Changes | 854K | 818K | 2.07M | -4.4M | -3.63M |
| Change in Receivables | -8.19K | -42.78K | 52K | 19K | -77.4K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 639.95K | 390.87K | 1.9M | -1.38M | -571.91K |
| Cash from Investing | -329K | -482K | -422K | -580K | -952.62K |
| Capital Expenditures | -244.82K | -349.53K | -3K | -28K | -507.5K |
| CapEx % of Revenue | 3.95% | 3.96% | 0.03% | 0.31% | - |
| Acquisitions | 0 | 0 | 63K | 0 | -627 |
| Investments | - | - | - | - | - |
| Other Investing | -84.18K | -132.47K | -482K | -552K | -444.5K |
| Cash from Financing | 500K | 4.7M | 721K | 16.14M | 12.4M |
| Debt Issued (Net) | 500K | 4.7M | 2.8M | -4.76M | -3.58M |
| Equity Issued (Net) | 0 | 0 | 0 | 1000K | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | -2.08M | -62K | 4.18M |
| Net Change in Cash | 59K▲ 0% | 377K▲ 539.0% | -1.31M▼ 448.3% | 3.83M▲ 391.3% | 689.03K▲ 0% |
| Free Cash Flow | -328.16K▲ 0% | -3.13M▼ 855.3% | -2.1M▲ 33.1% | -12.31M▼ 487.2% | -12.12M▲ 0% |
| FCF Margin % | -5.3% | -35.52% | -24.2% | -137.58% | -89.17% |
| FCF Growth % | - | -855.31% | 33.11% | -487.17% | - |
| FCF per Share | -0.03 | -0.27 | -0.11 | -0.58 | -0.58 |
| FCF Conversion (FCF/Net Income) | 0.09x | 0.78x | 0.13x | 0.63x | 0.65x |
| Interest Paid | 0 | 0 | 0 | 62K | 4K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 |
RYDE Key Ratios
Ryde Group Ltd. (RYDE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -482.16% | -822.51% |
| Return on Invested Capital (ROIC) | - | - | - | 556.9% |
| Gross Margin | -8.68% | 21.39% | 23.24% | -37.99% |
| Net Margin | -55.78% | -148% | -208.38% | -136.6% |
| Debt / Equity | - | - | 0.03x | 0.03x |
| Interest Coverage | -15.24x | -26.37x | -241.53x | -43.54x |
| FCF Conversion | 0.78x | 0.13x | 0.63x | 0.65x |
| Revenue Growth | 42.45% | -1.79% | 3.27% | - |
RYDE Frequently Asked Questions
Ryde Group Ltd. (RYDE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Ryde Group Ltd. (RYDE) reported $13.6M in revenue for fiscal year 2024. This represents a 119% increase from $6.2M in 2021.
Ryde Group Ltd. (RYDE) grew revenue by 3.3% over the past year. Growth has been modest.
Ryde Group Ltd. (RYDE) reported a net loss of $18.6M for fiscal year 2024.
Dividend & Returns
Ryde Group Ltd. (RYDE) has a return on equity (ROE) of -482.2%. Negative ROE indicates the company is unprofitable.
Ryde Group Ltd. (RYDE) had negative free cash flow of $12.1M in fiscal year 2024, likely due to heavy capital investments.
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Ryde Group Ltd. (RYDE) financial analysis — history, returns, DCA and operating performance tools
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Revenue History
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Valuation
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