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SIMPPLE Ltd. Ordinary Shares (SPPL) 10-Year Financial Performance & Capital Metrics

SPPL • • Industrial / General
TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms
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 Margin 59.93% +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/Equity 0.25 -38.8%
  • Interest Coverage -126.91 -207.7%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Trading more than 30% below 52-week high
  • ✗Expensive at 20.9x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-3.35%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg-93.27%
5Y Avg-93.27%
3Y Avg-148.96%
Latest-133.47%

Peer Comparison

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Sector-Specific
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LYFTLyft, Inc.7.54B18.88342.6531.39%2.4%26.3%10.16%1.64
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SAPSAP SE274.66B235.8489.009.51%19.41%13.94%1.61%0.23
TYLTyler Technologies, Inc.19.2B446.1573.749.53%13.72%8.75%3.15%0.19
FICOFair Isaac Corporation37.49B1581.1959.5815.91%32.75%2.05%
DSGXThe Descartes Systems Group Inc.7.62B88.5754.0113.63%22.1%10%2.79%0.01
MANHManhattan Associates, Inc.10.58B175.5750.0212.23%20.25%69.86%2.71%0.16

Profit & Loss

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+3.54M4.18M6.51M4.69M3.77M
Revenue Growth %-0.18%0.56%-0.28%-0.19%
Cost of Goods Sold+1.61M1.85M2.91M2.24M1.51M
COGS % of Revenue0.45%0.44%0.45%0.48%0.4%
Gross Profit+1.94M2.33M3.6M2.44M2.26M
Gross Margin %0.55%0.56%0.55%0.52%0.6%
Gross Profit Growth %-0.2%0.55%-0.32%-0.07%
Operating Expenses+2.33M2.27M4.57M9.99M6.68M
OpEx % of Revenue0.66%0.54%0.7%2.13%1.77%
Selling, General & Admin2.33M2.27M4.57M4.99M6.68M
SG&A % of Revenue0.66%0.54%0.7%1.06%1.77%
Research & Development00000
R&D % of Revenue-----
Other Operating Expenses0005M0
Operating Income+-392.24K55.72K-973.36K-7.55M-4.42M
Operating Margin %-0.11%0.01%-0.15%-1.61%-1.17%
Operating Income Growth %-1.14%-18.47%-6.76%0.41%
EBITDA+-207.54K239K-661.58K-7.01M-3.73M
EBITDA Margin %-0.06%0.06%-0.1%-1.49%-0.99%
EBITDA Growth %-2.15%-3.77%-9.59%0.47%
D&A (Non-Cash Add-back)184.7K183.28K311.78K543.21K693.8K
EBIT-227.56K390.04K-537.96K-7.36M-4.27M
Net Interest Income+-117.83K-157.15K-130.87K-183.05K-34.85K
Interest Income00000
Interest Expense117.83K157.15K130.87K183.05K34.85K
Other Income/Expense46.84K177.17K304.53K1.07K120.82K
Pretax Income+-345.39K232.89K-668.83K-7.55M-4.3M
Pretax Margin %-0.1%0.06%-0.1%-1.61%-1.14%
Income Tax+78.23K167.07K118.68K23.09K-368.54K
Effective Tax Rate %1.23%0.28%1.18%1%0.91%
Net Income+-423.62K65.82K-787.51K-7.57M-3.93M
Net Margin %-0.12%0.02%-0.12%-1.62%-1.04%
Net Income Growth %-1.16%-12.96%-8.61%0.48%
Net Income (Continuing)-423.62K65.82K-787.51K-7.57M-3.93M
Discontinued Operations00000
Minority Interest00000
EPS (Diluted)+-0.030.00-0.05-0.46-0.24
EPS Growth %-1.16%--8.62%0.48%
EPS (Basic)-0.030.00-0.05-0.48-0.25
Diluted Shares Outstanding16.46M16.46M16.46M16.46M16.46M
Basic Shares Outstanding16.46M16.46M15.67M15.67M15.67M
Dividend Payout Ratio-----

Balance Sheet

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+4.66M4.71M4.38M6.94M3.65M
Cash & Short-Term Investments1.42M757.74K535.02K1.19M514.83K
Cash Only1.42M757.74K535.02K1.19M514.83K
Short-Term Investments00000
Accounts Receivable1.79M2.13M779.3K4.44M1.19M
Days Sales Outstanding183.84186.1143.69345.59115.07
Inventory333.63K1.11M1.03M867.45K793.47K
Days Inventory Outstanding75.72218.55129.59141.06191.55
Other Current Assets001.29M00
Total Non-Current Assets+1.04M221.57K1.45M1.87M2.97M
Property, Plant & Equipment788.62K221.56K380.06K275.98K143.99K
Fixed Asset Turnover4.49x18.86x17.13x16.98x26.21x
Goodwill00000
Intangible Assets001.07M1.55M2.4M
Long-Term Investments250K0000
Other Non-Current Assets00050.28K429.98K
Total Assets+5.7M4.93M5.83M8.76M6.62M
Asset Turnover0.62x0.85x1.12x0.53x0.57x
Asset Growth %--0.14%0.18%0.5%-0.24%
Total Current Liabilities+4M3.56M4.01M4.6M4.16M
Accounts Payable143.07K316.03K316.52K495.88K898.98K
Days Payables Outstanding32.4762.2639.6980.64217.03
Short-Term Debt557.28K961.99K1.18M754.02K520.74K
Deferred Revenue (Current)831.61K737.62K385.84K1000K1000K
Other Current Liabilities-16.63K5K200K00
Current Ratio1.16x1.32x1.09x1.51x0.88x
Quick Ratio1.08x1.01x0.83x1.32x0.69x
Cash Conversion Cycle227.09342.4133.59406.0189.59
Total Non-Current Liabilities+3.4M2.26M1.49M620.48K13.29K
Long-Term Debt3.29M2.22M1.28M521.6K0
Capital Lease Obligations119.02K37.46K217.04K98.88K13.29K
Deferred Tax Liabilities00000
Other Non-Current Liabilities00000
Total Liabilities7.41M5.82M5.51M5.22M4.17M
Total Debt+4.06M3.31M2.78M1.47M619.62K
Net Debt2.63M2.55M2.25M280.04K104.79K
Debt / Equity--8.61x0.41x0.25x
Debt / EBITDA-13.83x---
Net Debt / EBITDA-10.66x---
Interest Coverage-3.33x0.35x-7.44x-41.24x-126.91x
Total Equity+-1.71M-889.45K323.04K3.55M2.45M
Equity Growth %-0.48%1.36%9.98%-0.31%
Book Value per Share-0.10-0.050.020.220.15
Total Shareholders' Equity-1.71M-889.45K323.04K3.55M2.45M
Common Stock1.36K2.06K2.06K2.06K2.06K
Retained Earnings-2.41M-2.34M-3.13M-10.7M-14.63M
Treasury Stock00000
Accumulated OCI400K400K0-1.2K37.55K
Minority Interest00000

Cash Flow

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-171.6K-293.76K48.83K-7.54M-1.16M
Operating CF Margin %-0.05%-0.07%0.01%-1.61%-0.31%
Operating CF Growth %--0.71%1.17%-155.5%0.85%
Net Income-423.62K65.82K-787.51K-7.57M-3.93M
Depreciation & Amortization184.7K175.07K311.78K543.21K693.8K
Stock-Based Compensation00000
Deferred Taxes00000
Other Non-Cash Items0-152.29K809.57K56.01K0
Working Capital Changes67.32K-382.37K-285.01K-573.14K2.08M
Change in Receivables1.13M-532.84K301.17K-3.49M3.74M
Change in Inventory-244.63K-775.74K-130.76K166.01K73.98K
Change in Payables-471.45K172.96K488179.36K403.51K
Cash from Investing+-53.94K794.26K-1.23M-913.37K-1.41M
Capital Expenditures-53.94K-84.95K-33.94K-21.27K-15.9K
CapEx % of Revenue0.02%0.02%0.01%0%0%
Acquisitions-----
Investments-----
Other Investing0379.21K-1.2M-892.11K-1.4M
Cash from Financing+1.51M-1.17M959.62K9.11M1.86M
Debt Issued (Net)-----
Equity Issued (Net)-----
Dividends Paid00000
Share Repurchases-----
Other Financing-1.94M-1.16M-204.87K-369.69K-89.13K
Net Change in Cash-----
Free Cash Flow+-225.55K-405.68K-1.18M-8.46M-2.57M
FCF Margin %-0.06%-0.1%-0.18%-1.8%-0.68%
FCF Growth %--0.8%-1.91%-6.15%0.7%
FCF per Share-0.01-0.02-0.07-0.51-0.16
FCF Conversion (FCF/Net Income)0.41x-4.46x-0.06x1.00x0.29x
Interest Paid117.83K157.15K130.87K183.05K34.85K
Taxes Paid8.01K6.16K118.68K23.09K0

Key Ratios

Metric20202021202220232024
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 Margin54.63%55.67%55.29%52.11%59.93%
Net Margin-11.95%1.57%-12.1%-161.53%-104.23%
Debt / Equity--8.61x0.41x0.25x
Interest Coverage-3.33x0.35x-7.44x-41.24x-126.91x
FCF Conversion0.41x-4.46x-0.06x1.00x0.29x
Revenue Growth-17.91%55.77%-28.01%-19.49%

Revenue by Segment

2024
Software27.68K
Software Growth-

Frequently Asked Questions

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.

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