SPPL on Nasdaq
SIMPPLE LTD.
SIMPPLE LTD. is a facilities support management services company, listed on Nasdaq (SPPL).1
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Last updated Oct 21, 2026.
Overview
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- TickerSPPL on Nasdaq1
- IndustryServices-Facilities Support Management Services1
- Business addressBlock G #01-00 Bca Braddell Campus, 200 Braddell Road, Singapore, 5797003
- Filer categoryNon-accelerated filer, Emerging growth company3
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Pte. Ltd.”. Gaussian Robotics became a wholly owned subsidiary of IFSC on August 15, 2017.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
49.6%Gross margin2
-62.8%Operating margin2
-70.8%Net margin2
66.3%Revenue growth, 20252
-121.9%Return on equity2
-$1.8MFree cash flow2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Robot Revenue brought in 71% of the revenue SIMPPLE LTD. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Robot Revenue | 3.6M SGD | 1.5M SGD | 4.4M SGD |
| Software Revenue | 1.1M SGD | 2.2M SGD | 1.5M SGD |
| Software One | 415.1K SGD | 318.8K SGD | |
| Software | 27.7K SGD | 20.1K SGD |
Business segments
Robots brought in 75% of the revenue SIMPPLE LTD. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Robots | 3.6M SGD | 1.5M SGD | 4.4M SGD |
| Software Services Rendered | 1.1M SGD | 2.2M SGD | 1.5M SGD |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue50¢$2.3M
- Other costs50¢$2.3M
Out of $4.6M in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenues | 5.9M SGD | 3.8M SGD | 4.7M SGD |
| Cost of revenues | -3.0M SGD | -1.5M SGD | -2.2M SGD |
| Gross profit | 2.9M SGD | 2.3M SGD | 2.4M SGD |
| General and administrative expenses | -6.6M SGD | -6.7M SGD | -5.0M SGD |
| IPO related expenses | -5.0M SGD | ||
| Total operating expenses | -6.6M SGD | -6.7M SGD | -10.0M SGD |
| Loss from operations | -3.7M SGD | -4.4M SGD | -7.5M SGD |
| Other income | 55.0K SGD | 176.5K SGD | 265.2K SGD |
| Interest expense | -503.4K SGD | -34.8K SGD | -183.0K SGD |
| Other expense | -23.9K SGD | -20.9K SGD | -81.1K SGD |
| Total other income (expense), net | -472.2K SGD | 120.8K SGD | 1.1K SGD |
| Loss before tax expense | -4.2M SGD | -4.3M SGD | -7.5M SGD |
| Income tax expense | 368.5K SGD | -23.1K SGD | |
| Net loss | -4.2M SGD | -3.9M SGD | -7.6M SGD |
| Foreign currency translation adjustment, net of income tax | -67.7K SGD | 38.7K SGD | -1.2K SGD |
| Total comprehensive loss | -4.3M SGD | -3.9M SGD | -7.6M SGD |
| Basic | -0.72 SGD | -1.11 SGD | -3.73 SGD |
| Diluted | -0.72 SGD | -1.11 SGD | -3.73 SGD |
| Basic | 5.8M shares | 3.5M shares | 2.0M shares |
| Diluted | 5.8M shares | 3.5M shares | 2.0M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 3.1M SGD | 514.8K SGD | ||
| Restricted cash | 1.0M SGD | |||
| Account receivables | 823.9K SGD | 496.0K SGD | ||
| Lease receivables - current | 22.0K SGD | 28.3K SGD | ||
| Deposits, prepaid expenses and other current assets | 751.1K SGD | 1.8M SGD | ||
| Inventory | 816.9K SGD | 793.5K SGD | ||
| Total current assets | 6.6M SGD | 3.6M SGD | ||
| Intangible assets | 3.3M SGD | 2.4M SGD | ||
| Plant and equipment, net | 523.4K SGD | 7.0K SGD | ||
| Right-of-use assets | 716.5K SGD | 137.0K SGD | ||
| Lease receivables - non-current | 22.0K SGD | |||
| Deposits, prepaid expenses and other non-current assets | 408.0K SGD | |||
| Total non-current assets | 4.5M SGD | 3.0M SGD | ||
| TOTAL ASSETS | 11.1M SGD | 6.6M SGD | ||
| Account payables | 409.5K SGD | 899.0K SGD | ||
| Accruals and other current liabilities | 1.2M SGD | 470.3K SGD | ||
| Other payables - related parties | 525.1K SGD | 299.8K SGD | ||
| Contract liabilities | 2.1M SGD | 1.9M SGD | ||
| Short-term borrowings - current | 2.0M SGD | |||
| Bank loans - current | 750.0K SGD | 520.7K SGD | ||
| Lease liabilities - current | 260.3K SGD | 85.6K SGD | ||
| Total current liabilities | 7.2M SGD | 4.2M SGD | ||
| Lease liabilities non-current | 427.4K SGD | 13.3K SGD | ||
| Total non-current liabilities | 427.4K SGD | 13.3K SGD | ||
| TOTAL LIABILITIES | 7.6M SGD | 4.2M SGD | ||
| Ordinary shares, US$0.0008 par value, 4,000,000,000 shares authorized, 3,539,790 issued and outstanding and 5,786,184 issued and outstanding as of December 31, 2024* and December 31, 2025 respectively | 2.1K SGD | 2.1K SGD | ||
| Additional paid-in capital | 22.3M SGD | 17.0M SGD | ||
| Accumulated deficit | -18.8M SGD | -14.6M SGD | ||
| Accumulated other comprehensive loss | -30.2K SGD | 37.5K SGD | ||
| Total shareholders equity | 3.4M SGD | 2.4M SGD | 3.5M SGD | 323.0K SGD |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | 11.1M SGD | 6.6M SGD | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 4.0B shares | 4.0B shares | ||
| Common stock, shares outstanding | 5.8M shares | 3.5M shares | ||
| Common stock, shares issued | 5.8M shares | 3.5M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 3.1M SGD | 514.8K SGD | ||
| Restricted cash | 1.0M SGD | |||
| Account receivables | 823.9K SGD | 496.0K SGD | ||
| Lease receivables - current | 22.0K SGD | 28.3K SGD | ||
| Deposits, prepaid expenses and other current assets | 751.1K SGD | 1.8M SGD | ||
| Inventory | 816.9K SGD | 793.5K SGD | ||
| Total current assets | 6.6M SGD | 3.6M SGD | ||
| Intangible assets | 3.3M SGD | 2.4M SGD | ||
| Plant and equipment, net | 523.4K SGD | 7.0K SGD | ||
| Right-of-use assets | 716.5K SGD | 137.0K SGD | ||
| Lease receivables - non-current | 22.0K SGD | |||
| Deposits, prepaid expenses and other non-current assets | 408.0K SGD | |||
| Total non-current assets | 4.5M SGD | 3.0M SGD | ||
| TOTAL ASSETS | 11.1M SGD | 6.6M SGD | ||
| Account payables | 409.5K SGD | 899.0K SGD | ||
| Accruals and other current liabilities | 1.2M SGD | 470.3K SGD | ||
| Other payables - related parties | 525.1K SGD | 299.8K SGD | ||
| Contract liabilities | 2.1M SGD | 1.9M SGD | ||
| Short-term borrowings - current | 2.0M SGD | |||
| Bank loans - current | 750.0K SGD | 520.7K SGD | ||
| Lease liabilities - current | 260.3K SGD | 85.6K SGD | ||
| Total current liabilities | 7.2M SGD | 4.2M SGD | ||
| Lease liabilities non-current | 427.4K SGD | 13.3K SGD | ||
| Total non-current liabilities | 427.4K SGD | 13.3K SGD | ||
| TOTAL LIABILITIES | 7.6M SGD | 4.2M SGD | ||
| Ordinary shares, US$0.0008 par value, 4,000,000,000 shares authorized, 3,539,790 issued and outstanding and 5,786,184 issued and outstanding as of December 31, 2024* and December 31, 2025 respectively | 2.1K SGD | 2.1K SGD | ||
| Additional paid-in capital | 22.3M SGD | 17.0M SGD | ||
| Accumulated deficit | -18.8M SGD | -14.6M SGD | ||
| Accumulated other comprehensive loss | -30.2K SGD | 37.5K SGD | ||
| Total shareholders equity | 3.4M SGD | 2.4M SGD | 3.5M SGD | 323.0K SGD |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | 11.1M SGD | 6.6M SGD | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 4.0B shares | 4.0B shares | ||
| Common stock, shares outstanding | 5.8M shares | 3.5M shares | ||
| Common stock, shares issued | 5.8M shares | 3.5M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | -4.2M SGD | -3.9M SGD | -7.6M SGD |
| Depreciation and amortization | 779.5K SGD | 693.8K SGD | 543.2K SGD |
| Deposit written off | 62.0K SGD | ||
| Provision of credit loss allowance | 129.5K SGD | 56.0K SGD | |
| Loss on derecognising right-of-use asset | 3.3K SGD | ||
| Account receivables | -457.4K SGD | 3.7M SGD | -3.5M SGD |
| Contract asset | 28.3K SGD | 28.3K SGD | -78.6K SGD |
| Deposits, prepaid expenses and other current assets | 1.4M SGD | -1.6M SGD | 1.4M SGD |
| Inventory | -23.4K SGD | 74.0K SGD | 166.0K SGD |
| Account payables | -489.5K SGD | 403.5K SGD | 179.4K SGD |
| Accruals and other payables | 750.7K SGD | -316.3K SGD | -163.6K SGD |
| Income tax payable | -239.9K SGD | -76.5K SGD | |
| Contract liabilities | 187.0K SGD | 44.2K SGD | 1.5M SGD |
| Net cash used in operating activities | -1.8M SGD | -1.2M SGD | -7.5M SGD |
| Placement of restricted cash | -1.0M SGD | ||
| Purchase of property and equipment | -561.7K SGD | -15.9K SGD | -21.3K SGD |
| Additions to intangible assets | -1.4M SGD | -1.4M SGD | -892.1K SGD |
| Net cash used in investing activities | -3.0M SGD | -1.4M SGD | -913.4K SGD |
| Proceeds from bank loan | 750.0K SGD | 38.5K SGD | |
| Repayment of bank loans | -520.7K SGD | -754.9K SGD | -1.2M SGD |
| Proceeds from short-term borrowings | 5.2M SGD | ||
| Repayment of short-term borrowings | -3.2M SGD | ||
| Proceeds from other payables to related parties | 1.4M SGD | ||
| Repayment of other payables to related parties | -1.1M SGD | -89.1K SGD | -369.7K SGD |
| Proceeds from issuance of shares | 5.2M SGD | 2.8M SGD | 10.8M SGD |
| Principal payment of lease liabilities | -161.0K SGD | -93.0K SGD | -127.6K SGD |
| Net cash provided by financial activities | 7.5M SGD | 1.9M SGD | 9.1M SGD |
| Net change in cash and cash equivalents | 2.7M SGD | -711.4K SGD | 653.6K SGD |
| Foreign currency translation | -67.7K SGD | 38.7K SGD | -1.2K SGD |
| Cash (received)/paid for income tax | -128.6K SGD | 23.1K SGD | |
| Cash paid for interest | 503.4K SGD | 34.8K SGD | 183.0K SGD |
No quarter-by-quarter statement was filed.
What it owns
What SIMPPLE LTD. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $816.3K2 Dec 31, 2025 | $357.8K5 Dec 31, 2024 | +128.2% |
| Accumulated depreciation | $409.2K2 Dec 31, 2025 | $352.6K5 Dec 31, 2024 | +16.1% |
| Property and equipment, net | $407.1K2 Dec 31, 2025 | $5.1K5 Dec 31, 2024 | +7825.5% |
| Operating-lease assets (leased space) | $557.2K2 Dec 31, 2025 | $100.3K5 Dec 31, 2024 | +455.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $2.4M2 Dec 31, 2025 | $376.8K5 Dec 31, 2024 | +547.3% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $2.5M2 Dec 31, 2025 | $1.8M5 Dec 31, 2024 | +45.1% |
| Finite-lived intangibles, gross | $3.8M2 Dec 31, 2025 | $2.6M5 Dec 31, 2024 | +50.3% |
| Accumulated amortization | $1.3M2 Dec 31, 2025 | $796.7K5 Dec 31, 2024 | +61.6% |
| Finite-lived intangibles, net | 3.0M SGD2 Dec 31, 2025 | 2.2M SGD5 Dec 31, 2024 | +32.9% |
Inventory
Leadership
Who has led SIMPPLE LTD., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerDaryl Kah Kit Pat Apr 10, 2026 to now7
- Chief financial officerGary Yean Seng Goh Apr 10, 2026 to now8
Board members and other officers (2)
- Chief Technology OfficerQikai Soo Apr 10, 2026 to now9
- Board memberKelvin Soon Sze Lee Apr 10, 2026 to now10
Timeline
- Apr 10, 2026New chief executive Daryl Kah Kit Pat becomes CEO7
Filings
107 filings to the SEC since October 2021: 3 annual reports, 4 insider forms, 100 other. The latest 20:
- Oct 9, 20266-K EDGAR
- Aug 5, 20266-K EDGAR
- Apr 10, 20263 EDGAR
- Apr 10, 20263 EDGAR
- Apr 10, 20263 EDGAR
- Apr 10, 20263 EDGAR
- Apr 8, 202620-F EDGAR
- Apr 1, 20266-K EDGAR
- Mar 31, 2026424B5 EDGAR
- Mar 31, 20266-K EDGAR
- Mar 26, 2026424B5 EDGAR
- Mar 26, 20266-K EDGAR
- Jan 2, 20266-K EDGAR
- Oct 27, 2025F-3 EDGAR
- Oct 22, 20256-K EDGAR
- Oct 7, 20256-K EDGAR
- Aug 14, 20256-K EDGAR
- Jul 25, 20256-K EDGAR
- Jul 7, 20256-K EDGAR
- Jul 1, 20256-K EDGAR
The 107 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How SIMPPLE LTD. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSIMPPLE LTD.1
- CIK0001948697
- Filer statusNon-accelerated filer an emerging growth company; a shell company4
- Incorporated inCayman Islands4
- Industry code (SIC)8744 Services-Facilities Support Management Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressBlock G #01-00 Bca Braddell Campus, 200 Braddell Road, Singapore, 579700, Singapore1
- Phone65 6816 21941
- Shares outstanding5,786,184 shares as of Dec 31, 20254
- AuditorAudit Alliance LLP, Singapore PCAOB ID 3487; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceSep 30, 20221
- Filings107 in all: 6-K (44), CORRESP (17), UPLOAD (9), F-1/A (8), 3 (4), DRS/A (4), 20-F (3), DRSLTR (3)1
All 20 form types
424B5 (2), EFFECT (2), F-1 (2), 424B3 (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), F-3 (1), FWP (1), NT 20-F (1), S-8 (1)
- Latest filingsAnnual report (20-F) Apr 8, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary shares, par value $0.0008 per share | SPPL | Nasdaq |
From the cover page of the 20-F filed Apr 8, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARSIMPPLE LTD. filings on SEC EDGAR
- 2SEC EDGARSIMPPLE LTD. 10-K for fiscal 2025
- 3SEC EDGARSIMPPLE LTD. filings on SEC EDGAR
- 4
- 5SEC EDGARSIMPPLE LTD. 10-K for fiscal 2024
- 6SEC EDGARSIMPPLE LTD. 10-K for fiscal 2021
- 7
- 8
- 9SEC EDGARQikai Soo, Chief Technology Officer
- 10SEC EDGARKelvin Soon Sze Lee, Board member