SIMPPLE Ltd. Ordinary Shares(SPPL)Earnings, Financials & Key Ratios
SPPL•NASDAQ
$2.67
$44M mkt cap·Price updated May 6, 2026
AboutSimpple Ltd. operates as an advanced technology solution provider in Singapore. The company develops SIMPPLE Ecosystem, an ecosystem solution that automates workflow and the workforce in areas, such as building maintenance, security surveillance, and janitorial services. Its SIMPPLE Ecosystem includes SIMPPLE Software, a software platform comprising modules related to quality management, workflow management, and people management; SIMPPLE PLUS, a robotic solution in cleaning and security domains, as well as Internet-of-Things devices and peripherals; and SIMPPLE.AI, a next generation facilities management autonomic intelligence engine that automates workflow processes in a built environment setting. The company also offers professional services, such as set-up and installation, and systems consultation. It serves facility owners and managers. The company was founded in 2016 and is headquartered in Singapore. Simpple Ltd. is a subsidiary of Ifsc Founders Pte. Ltd.Show more
- Revenue$4M-19.5%
- EBITDA-$4M+46.8%
- Net Income-$4M+48.1%
- EPS (Diluted)-0.24+47.8%
- Gross Margin59.93%+15.0%
- EBITDA Margin-98.81%+33.9%
- Operating Margin-117.2%+27.2%
- Net Margin-104.23%+35.5%
- ROE-131.26%+66.5%
- ROIC-104.01%+41.2%
- Debt/Equity0.25-38.8%
- Interest Coverage-126.91-207.7%
SPPL Key Insights
SIMPPLE Ltd. Ordinary Shares (SPPL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
No significant strengths identified
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 11 (bottom 11%)
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 22.9x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
SPPL Price & Volume
SIMPPLE Ltd. Ordinary Shares (SPPL) stock price & volume — 10-year historical chart
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SPPL Growth Metrics
SIMPPLE Ltd. Ordinary Shares (SPPL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-3.35%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years-93.27%
5 Years-93.27%
3 Years-148.96%
Last Year-133.47%
SPPL Peer Comparison
SIMPPLE Ltd. Ordinary Shares (SPPL) 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 |
|---|---|---|---|---|---|---|---|---|
 PRTH | 430.83M | 5.26 | 7.74 | 8.33% | 5.84% | |||
 FMST | 24.8M | 1.70 | -4.81 | -10.57% | 0.02 | |||
 CXAI | 2.97M | 0.15 | -0.13 | -3.04% | -289.44% | -78.05% | 0.36 | |
 BRNS | 25.94M | 0.64 | -0.39 | -100% | -63.83% | 0.15 | ||
 HIVE | 732.64M | 2.94 | -125.64 | 0.71% | 3.3% | 0.12 | ||
 MNDY | 3.81B | 73.97 | 33.02 | 26.75% | 9.64% | 9.52% | 0.25 | |
 TASK | 601.36M | 6.68 | 6.07 | 18.95% | 11.64% | 21.23% | 0.50 | |
 SERV | 590.62M | 9.58 | -5.88 | 46.26% | -38.24% | -38.54% | 0.01 |
Compare SPPL vs Peers
SIMPPLE Ltd. Ordinary Shares (SPPL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SPPL Income Statement
SIMPPLE Ltd. Ordinary Shares (SPPL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|
| Sales/Revenue | 3.54M | 4.18M | 6.51M | 4.69M | 3.77M |
| Revenue Growth % | - | 17.91% | 55.77% | -28.01% | -19.49% |
| Cost of Goods Sold | 1.61M | 1.85M | 2.91M | 2.24M | 1.51M |
| COGS % of Revenue | 45.37% | 44.33% | 44.71% | 47.89% | 40.07% |
| Gross Profit | 1.94M▲ 0% | 2.33M▲ 20.2% | 3.6M▲ 54.7% | 2.44M▼ 32.1% | 2.26M▼ 7.4% |
| Gross Margin % | 54.63% | 55.67% | 55.29% | 52.11% | 59.93% |
| Gross Profit Growth % | - | 20.16% | 54.71% | -32.14% | -7.41% |
| Operating Expenses | 2.33M | 2.27M | 4.57M | 9.99M | 6.68M |
| OpEx % of Revenue | 65.69% | 54.34% | 70.24% | 213.17% | 177.13% |
| Selling, General & Admin | 2.33M | 2.27M | 4.57M | 4.99M | 6.68M |
| SG&A % of Revenue | 65.69% | 54.34% | 70.24% | 106.41% | 177.13% |
| Research & Development | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 5M | 0 |
| Operating Income | -392.24K▲ 0% | 55.72K▲ 114.2% | -973.36K▼ 1846.9% | -7.55M▼ 675.5% | -4.42M▲ 41.4% |
| Operating Margin % | -11.07% | 1.33% | -14.95% | -161.06% | -117.2% |
| Operating Income Growth % | - | 114.21% | -1846.9% | -675.55% | 41.42% |
| EBITDA | -207.54K | 239K | -661.58K | -7.01M | -3.73M |
| EBITDA Margin % | -5.86% | 5.72% | -10.16% | -149.47% | -98.81% |
| EBITDA Growth % | - | 215.16% | -376.81% | -958.93% | 46.78% |
| D&A (Non-Cash Add-back) | 184.7K | 183.28K | 311.78K | 543.21K | 693.8K |
| EBIT | -227.56K | 390.04K | -537.96K | -7.36M | -4.27M |
| Net Interest Income | -117.83K | -157.15K | -130.87K | -183.05K | -34.85K |
| Interest Income | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 117.83K | 157.15K | 130.87K | 183.05K | 34.85K |
| Other Income/Expense | 46.84K | 177.17K | 304.53K | 1.07K | 120.82K |
| Pretax Income | -345.39K▲ 0% | 232.89K▲ 167.4% | -668.83K▼ 387.2% | -7.55M▼ 1028.5% | -4.3M▲ 43.0% |
| Pretax Margin % | -9.74% | 5.57% | -10.27% | -161.04% | -114% |
| Income Tax | 78.23K | 167.07K | 118.68K | 23.09K | -368.54K |
| Effective Tax Rate % | -22.65% | 71.74% | -17.74% | -0.31% | 8.57% |
| Net Income | -423.62K▲ 0% | 65.82K▲ 115.5% | -787.51K▼ 1296.5% | -7.57M▼ 861.4% | -3.93M▲ 48.1% |
| Net Margin % | -11.95% | 1.57% | -12.1% | -161.53% | -104.23% |
| Net Income Growth % | - | 115.54% | -1296.48% | -861.37% | 48.05% |
| Net Income (Continuing) | -423.62K | 65.82K | -787.51K | -7.57M | -3.93M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.03▲ 0% | 0.00▲ 116.0% | -0.05▼ 1265.9% | -0.46▼ 862.3% | -0.24▲ 47.8% |
| EPS Growth % | - | 115.95% | - | -862.34% | 47.83% |
| EPS (Basic) | -0.03 | 0.00 | -0.05 | -0.48 | -0.25 |
| Diluted Shares Outstanding | 16.46M | 16.46M | 16.46M | 16.46M | 16.46M |
| Basic Shares Outstanding | 16.46M | 16.46M | 15.67M | 15.67M | 15.67M |
| Dividend Payout Ratio | - | - | - | - | - |
SPPL Balance Sheet
SIMPPLE Ltd. Ordinary Shares (SPPL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|
| Total Current Assets | 4.66M | 4.71M | 4.38M | 6.94M | 3.65M |
| Cash & Short-Term Investments | 1.42M | 757.74K | 535.02K | 1.19M | 514.83K |
| Cash Only | 1.42M | 757.74K | 535.02K | 1.19M | 514.83K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.79M | 2.13M | 779.3K | 4.44M | 1.19M |
| Days Sales Outstanding | 183.84 | 186.11 | 43.69 | 345.59 | 115.07 |
| Inventory | 333.63K | 1.11M | 1.03M | 867.45K | 793.47K |
| Days Inventory Outstanding | 75.72 | 218.55 | 129.59 | 141.06 | 191.55 |
| Other Current Assets | 0 | 0 | 1.29M | 0 | 0 |
| Total Non-Current Assets | 1.04M | 221.57K | 1.45M | 1.87M | 2.97M |
| Property, Plant & Equipment | 788.62K | 221.56K | 380.06K | 275.98K | 143.99K |
| Fixed Asset Turnover | 4.49x | 18.86x | 17.13x | 16.98x | 26.21x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 1.07M | 1.55M | 2.4M |
| Long-Term Investments | 250K | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 50.28K | 429.98K |
| Total Assets | 5.7M▲ 0% | 4.93M▼ 13.5% | 5.83M▲ 18.3% | 8.76M▲ 50.3% | 6.62M▼ 24.5% |
| Asset Turnover | 0.62x | 0.85x | 1.12x | 0.53x | 0.57x |
| Asset Growth % | - | -13.53% | 18.29% | 50.26% | -24.49% |
| Total Current Liabilities | 4M | 3.56M | 4.01M | 4.6M | 4.16M |
| Accounts Payable | 143.07K | 316.03K | 316.52K | 495.88K | 898.98K |
| Days Payables Outstanding | 32.47 | 62.26 | 39.69 | 80.64 | 217.03 |
| Short-Term Debt | 557.28K | 961.99K | 1.18M | 754.02K | 520.74K |
| Deferred Revenue (Current) | 831.61K | 737.62K | 385.84K | 1.84M | 1.88M |
| Other Current Liabilities | -16.63K | 5K | 200K | 0 | 0 |
| Current Ratio | 1.16x | 1.32x | 1.09x | 1.51x | 0.88x |
| Quick Ratio | 1.08x | 1.01x | 0.83x | 1.32x | 0.69x |
| Cash Conversion Cycle | 227.09 | 342.4 | 133.59 | 406.01 | 89.59 |
| Total Non-Current Liabilities | 3.4M | 2.26M | 1.49M | 620.48K | 13.29K |
| Long-Term Debt | 3.29M | 2.22M | 1.28M | 521.6K | 0 |
| Capital Lease Obligations | 119.02K | 37.46K | 217.04K | 98.88K | 13.29K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 7.41M | 5.82M | 5.51M | 5.22M | 4.17M |
| Total Debt | 4.06M | 3.31M | 2.78M | 1.47M | 619.62K |
| Net Debt | 2.63M | 2.55M | 2.25M | 280.04K | 104.79K |
| Debt / Equity | - | - | 8.61x | 0.41x | 0.25x |
| Debt / EBITDA | - | 13.83x | - | - | - |
| Net Debt / EBITDA | - | 10.66x | - | - | - |
| Interest Coverage | -3.33x | 0.35x | -7.44x | -41.24x | -126.91x |
| Total Equity | -1.71M▲ 0% | -889.45K▲ 47.8% | 323.04K▲ 136.3% | 3.55M▲ 997.9% | 2.45M▼ 31.0% |
| Equity Growth % | - | 47.84% | 136.32% | 997.9% | -31.03% |
| Book Value per Share | -0.10 | -0.05 | 0.02 | 0.22 | 0.15 |
| Total Shareholders' Equity | -1.71M | -889.45K | 323.04K | 3.55M | 2.45M |
| Common Stock | 1.36K | 2.06K | 2.06K | 2.06K | 2.06K |
| Retained Earnings | -2.41M | -2.34M | -3.13M | -10.7M | -14.63M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 400K | 400K | 0 | -1.2K | 37.55K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
SPPL Cash Flow Statement
SIMPPLE Ltd. Ordinary Shares (SPPL) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|
| Cash from Operations | -171.6K | -293.76K | 48.83K | -7.54M | -1.16M |
| Operating CF Margin % | -4.84% | -7.03% | 0.75% | -160.98% | -30.61% |
| Operating CF Growth % | - | -71.19% | 116.62% | -15549.89% | 84.69% |
| Net Income | -423.62K | 65.82K | -787.51K | -7.57M | -3.93M |
| Depreciation & Amortization | 184.7K | 175.07K | 311.78K | 543.21K | 693.8K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 0 | -152.29K | 809.57K | 56.01K | 0 |
| Working Capital Changes | 67.32K | -382.37K | -285.01K | -573.14K | 2.08M |
| Change in Receivables | 1.13M | -532.84K | 301.17K | -3.49M | 3.74M |
| Change in Inventory | -244.63K | -775.74K | -130.76K | 166.01K | 73.98K |
| Change in Payables | -471.45K | 172.96K | 488 | 179.36K | 403.51K |
| Cash from Investing | -53.94K | 794.26K | -1.23M | -913.37K | -1.41M |
| Capital Expenditures | -53.94K | -84.95K | -33.94K | -21.27K | -15.9K |
| CapEx % of Revenue | 1.52% | 2.03% | 0.52% | 0.45% | 0.42% |
| Acquisitions | 0 | 250K | 0 | 0 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | 0 | 379.21K | -1.2M | -892.11K | -1.4M |
| Cash from Financing | 1.51M | -1.17M | 959.62K | 9.11M | 1.86M |
| Debt Issued (Net) | 3.45M | -757.34K | -835.51K | -1.31M | -847.88K |
| Equity Issued (Net) | 0 | 750K | 1000K | 1000K | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.94M | -1.16M | -204.87K | -369.69K | -89.13K |
| Net Change in Cash | 1.28M▲ 0% | -665.61K▼ 151.8% | -222.71K▲ 66.5% | 652.44K▲ 392.9% | -672.63K▼ 203.1% |
| Free Cash Flow | -225.55K▲ 0% | -405.68K▼ 79.9% | -1.18M▼ 191.4% | -8.46M▼ 615.4% | -2.57M▲ 69.6% |
| FCF Margin % | -6.36% | -9.71% | -18.16% | -180.46% | -68.06% |
| FCF Growth % | - | -79.87% | -191.44% | -615.38% | 69.64% |
| FCF per Share | -0.01 | -0.02 | -0.07 | -0.51 | -0.16 |
| FCF Conversion (FCF/Net Income) | 0.41x | -4.46x | -0.06x | 1.00x | 0.29x |
| Interest Paid | 117.83K | 157.15K | 130.87K | 183.05K | 34.85K |
| Taxes Paid | 8.01K | 6.16K | 118.68K | 23.09K | 0 |
SPPL Key Ratios
SIMPPLE Ltd. Ordinary Shares (SPPL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -243.78% | -391.29% | -131.26% |
| Return on Invested Capital (ROIC) | -31.73% | 3.23% | -34.53% | -177.03% | -104.01% |
| Gross Margin | 54.63% | 55.67% | 55.29% | 52.11% | 59.93% |
| Net Margin | -11.95% | 1.57% | -12.1% | -161.53% | -104.23% |
| Debt / Equity | - | - | 8.61x | 0.41x | 0.25x |
| Interest Coverage | -3.33x | 0.35x | -7.44x | -41.24x | -126.91x |
| FCF Conversion | 0.41x | -4.46x | -0.06x | 1.00x | 0.29x |
| Revenue Growth | - | 17.91% | 55.77% | -28.01% | -19.49% |
SPPL Frequently Asked Questions
SIMPPLE Ltd. Ordinary Shares (SPPL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
SIMPPLE Ltd. Ordinary Shares (SPPL) reported $3.8M in revenue for fiscal year 2024. This represents a 6% increase from $3.5M in 2020.
SIMPPLE Ltd. Ordinary Shares (SPPL) saw revenue decline by 19.5% over the past year.
SIMPPLE Ltd. Ordinary Shares (SPPL) reported a net loss of $3.9M for fiscal year 2024.
Dividend & Returns
SIMPPLE Ltd. Ordinary Shares (SPPL) has a return on equity (ROE) of -131.3%. Negative ROE indicates the company is unprofitable.
SIMPPLE Ltd. Ordinary Shares (SPPL) had negative free cash flow of $2.6M in fiscal year 2024, likely due to heavy capital investments.
Explore More SPPL
SIMPPLE Ltd. Ordinary Shares (SPPL) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates