Simpple Ltd.
Key statistics
from XBRL data in SEC filingsAI briefing
from the latest 10-K, 10-Q and 8-K eventsSIMPPLE LTD. is a Singapore-based facilities management software company, listed on Nasdaq, that reported growing but loss-making operations for 2025.
What they do
SIMPPLE provides technology solutions for facilities support management, serving customers primarily in Singapore. The company's platform is designed to digitalize and automate facility management processes. It operates through its headquarters in Singapore and is incorporated in the Cayman Islands.
Revenue drivers
- Facilities management software solutions — Core operations involve software that manages facility support services, generating subscription or service-based revenue. Specific product-line breakdown not disclosed in provided excerpts.
Recent performance
Annual revenue rose to $4.6M in 2025 from $2.8M in 2024, a 64% increase. Net loss widened to $-3.3M in 2025 from $-2.9M in 2024. Operating cash flow deteriorated to $-1.4M in 2025 from $-845,470 in 2024. Diluted EPS improved to $-0.56 in 2025 from $-0.813 in 2024. As of December 31, 2025, total assets were $8.6M, total liabilities $5.9M, and cash and equivalents $2.4M.
Strategy
The company is focused on growing its facilities management technology business, as indicated by revenue expansion. It continues to invest in operations, reflected in higher operating cash burn. Specific strategic initiatives, such as new product launches or market expansion plans, were not detailed in the available excerpts.
Risks
- Sustained net losses — The company continues to report net losses, with 2025 net loss of $-3.3M, indicating ongoing profitability challenges.
- Negative operating cash flow — Operating cash flow was $-1.4M in 2025, suggesting the company is spending more cash than it generates from operations.
- Limited revenue scale — Revenue of $4.6M remains small, which may limit the company's ability to achieve economies of scale.
- Dependence on cash reserves — Cash and equivalents of $2.4M provide limited runway given the current cash burn rate and operating losses.
Outlook
Management's forward-looking statements in the filing indicate expectations for continued business development and capabilities, but specific revenue or profitability guidance was not included in the provided excerpts. The company acknowledges risks and uncertainties that could affect future performance. No concrete outlook figures were disclosed in the available material.