MNDR

MKT CAP:$755638

Mobile-health Network Solutions Class A Ordinary Shares

Market Cap

$755638

Healthcare·Medical - Care Facilities·🇸🇬 Singapore·NASDAQ

Healthcare·Medical·🇸🇬·NASDAQ

Stock Price

$0.81-$0.14 (-14.37%)

Apr 21, 2026

Company Details

Mobile-health Network Solutions, an investment holding company, provides telehealth solutions in Singapore. The company operates in two segments, Telemedicine and Other Services, and Sale of Medicine and Medical Devices. It offers MaNaDr pl...

CEO

Pui Pui Teoh

IPO Date

Apr 10, 2024

Website

manadr.com

Key Metrics TTM

Revenue

$15M

+115.5% YoY

Net Income

-$6M

EPS (Diluted)

-$1.39

Free Cash Flow

-$2M

Revenue / Share

$9.06

Gross Margin

12.0%

Operating Margin

-37.2%

Net Margin

-36.4%

FCF Margin

-13.7%

P/S

0.0x

P/E

—

Earnings Reports

Q2 2026

Mar 12, 2026

$3M-28.4%EPS -$0.40

FY 2025

Oct 31, 2025

$6MEPS -$14.42

Q2 2025

Dec 31, 2024

$4MEPS -$0.38

FY 2023

Jun 29, 2023

$8MEPS -$1.01

Q4 2023

Jun 29, 2023

$5M+90.2%EPS -$0.38

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 21	$959.1K	-$100.2K	-$237.4K
Q4 21	$959.1K	-$100.2K	-$237.4K
Q2 22	$3M	$297.5K	$71.2K
Q4 22	$3M	$297.5K	$71.2K
Q2 23	$3M	$379.6K	-$1M
Q4 23	$5M	$715.4K	-$2M
Q2 25	$4M	$634.9K	-$2M
Q2 26	$3M	$101.5K	-$680.1K

Valuation

Quarter	P/S	P/E
Q2 21	—	—
Q4 21	—	—
Q2 22	—	—
Q4 22	81.4x	—
Q2 23	63.2x	—
Q4 23	44.1x	—
Q2 25	3.6x	—
Q2 26	0.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 21	-$237.5K	-$239.4K
Q4 21	-$237.5K	-$239.4K
Q2 22	$358.7K	$353.1K
Q4 22	$358.7K	$353.1K
Q2 23	-$703.1K	-$824.9K
Q4 23	-$2M	-$2M
Q2 25	$0	$0

Capital Expenditures

Quarter	CapEx
Q2 21	$1.9K
Q4 21	$1.9K
Q2 22	$5.6K
Q4 22	$5.6K
Q2 23	$121.8K
Q4 23	$64.2K
Q2 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 23	+211.6%	+260.1%
Q4 23	+409.5%	+472.9%
Q2 25	+66.4%	+138.5%
Q2 26	+19.1%	+49.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 21	$0	0.0%
Q4 21	$0	0.0%
Q2 22	$0	0.0%
Q4 22	$0	0.0%
Q2 23	$0	0.0%
Q4 23	$0	0.0%
Q2 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	SG&A
Q2 21	$573.4K	—
Q4 21	$573.4K	—
Q2 22	$827.2K	—
Q4 22	$827.2K	—
Q2 23	—	$2M
Q4 23	—	$3M
Q2 25	—	$2M
Q2 26	—	$781.6K

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 21	$121.4K	$0	$121.4K
Q2 22	$4M	$0	$4M
Q4 22	$7M	$0	$7M
Q2 23	$10M	$0	$10M
Q4 23	$2M	$0	$2M
Q2 24	$3M	$0	$3M
Q4 24	$7M	$63.1K	$7M
Q2 25	$3M	$0	$3M
Q4 25	$811.9K	$0	$811.9K
Q2 26	$3M	$0	$3M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 21	850K	—	—
Q4 21	850K	0.0%	—
Q2 22	850K	0.0%	—
Q4 22	850K	0.0%	—
Q2 23	724K	-14.8%	-14.8%
Q4 23	630K	-12.9%	-25.9%
Q2 25	4M	+584.3%	+407.2%
Q2 26	2M	-61.0%	+97.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 21	—	—
Q4 21	—	—
Q2 22	—	—
Q4 22	—	—
Q2 23	—	—
Q4 23	—	—
Q2 25	$58.6K	73
Q2 26	$41.9K	73

Revenue / Employee