SPPL

MKT CAP:$11M

SIMPPLE Ltd. Ordinary Shares

Market Cap

$11M

Technology·Software - Application·🇸🇬 Singapore·NASDAQ

Technology·Software App·🇸🇬·NASDAQ

Stock Price

$2.17-$1.78 (-45.06%)

Apr 22, 2026

Company Details

Simpple 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 surveil...

CEO

Norman Schroeder

IPO Date

Sep 13, 2023

Website

www.simpple.ai

Key Metrics TTM

Revenue

$7M

— YoY

Net Income

-$10M

EPS (Diluted)

-$3.58

Free Cash Flow

$593.8K

Revenue / Share

$1.29

Gross Margin

54.5%

Operating Margin

-136.1%

Net Margin

-137.4%

FCF Margin

7.9%

P/S

1.5x

P/E

—

Earnings Reports

Q4 2025

Apr 8, 2026

$2M-0.7%EPS -$0.35

Q4 2024

Apr 8, 2025

$2M-26.1%EPS -$0.08

Q2 2024

Dec 30, 2024

$1M+103.8%EPS -$0.87

Q4 2023

May 17, 2024

$3MEPS -$2.28

Q2 2023

Jun 30, 2023

$545.9KEPS -$0.23

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 23	$545.9K	$327.8K	-$462.6K
Q4 23	$3M	$1M	-$5M
Q2 24	$1M	$708.6K	-$2M
Q4 24	$2M	$1M	-$2M
Q4 25	$2M	$1M	-$2M

Valuation

Quarter	P/S	P/E
Q2 23	—	—
Q4 23	—	—
Q2 24	—	—
Q4 24	28.4x	—
Q4 25	2.5x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 24	$907.5K	$895.7K
Q4 24	-$2M	-$2M
Q4 25	$2M	$1M

Capital Expenditures

Quarter	CapEx
Q2 24	$11.8K
Q4 24	$189
Q4 25	$438.5K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 25	+246.5%	+254.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 24	$0	0.0%
Q4 24	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	SG&A
Q2 23	$790.4K	—
Q4 23	$2M	—
Q2 24	—	$3M
Q4 24	—	$3M
Q4 25	—	$3M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q2 23	—	-74.2%	—
Q4 23	—	-44.4%	—
Q2 24	—	-150.6%	—
Q4 24	—	-67.8%	—
Q4 25	246.5%	-76.9%	169.6

Rule of 40

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 20	$1M	$0	$1M
Q4 21	$593.4K	$0	$593.4K
Q2 22	$237.2K	$0	$237.2K
Q4 22	$419.0K	$0	$419.0K
Q2 23	$34.4K	$23.0K	$57.4K
Q4 23	$930.0K	$0	$930.0K
Q2 24	$1M	$0	$1M
Q4 24	$403.2K	$0	$403.2K
Q2 25	$752.2K	$125.7K	$878.0K
Q4 25	$2M	$0	$2M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 23	2M	—	—
Q4 23	2M	+24.4%	—
Q2 24	2M	-9.8%	—
Q4 24	18M	+772.6%	—
Q4 25	6M	-67.3%	+220.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 23	—	—
Q4 23	—	—
Q2 24	—	—
Q4 24	$54.4K	35
Q4 25	$48.5K	39

Revenue / Employee