Simpple Ltd Financials
This page shows Simpple Ltd (SPPL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Simpple Ltd has an operating margin of -117.2%, meaning the company retains $-117 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses.
Simpple Ltd carries a low D/E ratio of 1.71, meaning only $1.71 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 67/100, indicating a strong balance sheet with room for future borrowing.
Simpple Ltd's current ratio of 0.88 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 12/100, which could limit financial flexibility.
While Simpple Ltd generated -$845K in operating cash flow, capex of $12K consumed most of it, leaving -$857K in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Simpple Ltd generates a -160.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100.
For every $1 of reported earnings, Simpple Ltd generates $0.29 in operating cash flow (-$845K OCF vs -$2.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Simpple Ltd earns $-126.9 in operating income for every $1 of interest expense (-$3.2M vs $26K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Simpple Ltd generated $2.8M in revenue in fiscal year 2024.
Simpple Ltd's EBITDA was -$2.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
Simpple Ltd reported -$2.9M in net income in fiscal year 2024.
Cash & Balance Sheet
Simpple Ltd generated -$857K in free cash flow in fiscal year 2024, representing cash available after capex.
Simpple Ltd held $377K in cash against $0 in long-term debt as of fiscal year 2024.
Simpple Ltd had 4M shares outstanding in fiscal year 2024.
Margins & Returns
Simpple Ltd's gross margin was 59.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs.
Simpple Ltd's operating margin was -117.2% in fiscal year 2024, reflecting core business profitability.
Simpple Ltd's net profit margin was -104.2% in fiscal year 2024, showing the share of revenue converted to profit.
Simpple Ltd's ROE was -160.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Simpple Ltd invested $12K in capex in fiscal year 2024, funding long-term assets and infrastructure.
SPPL Income Statement
| Metric | Q4'24 | Q2'24 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | N/A | N/A |
| Operating Income | N/A | N/A |
| Interest Expense | N/A | N/A |
| Income Tax | N/A | N/A |
| Net Income | N/A | N/A |
| EPS (Diluted) | N/A | N/A |
SPPL Balance Sheet
| Metric | Q4'24 | Q2'24 |
|---|---|---|
| Total Assets | $4.8M+9.4% | $4.4M |
| Current Assets | $2.7M-10.9% | $3.0M |
| Cash & Equivalents | $377K-65.2% | $1.1M |
| Inventory | $581K-8.0% | $631K |
| Accounts Receivable | $363K-25.2% | $485K |
| Goodwill | N/A | N/A |
| Total Liabilities | $3.1M-12.2% | $3.5M |
| Current Liabilities | $3.0M-6.2% | $3.2M |
| Long-Term Debt | N/A | N/A |
| Total Equity | $1.8M+88.3% | $951K |
| Retained Earnings | -$10.7M-12.1% | -$9.6M |
SPPL Cash Flow Statement
| Metric | Q4'24 | Q2'24 |
|---|---|---|
| Operating Cash Flow | N/A | N/A |
| Capital Expenditures | N/A | N/A |
| Free Cash Flow | N/A | N/A |
| Investing Cash Flow | N/A | N/A |
| Financing Cash Flow | N/A | N/A |
| Dividends Paid | N/A | N/A |
| Share Buybacks | N/A | N/A |
SPPL Financial Ratios
| Metric | Q4'24 | Q2'24 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | N/A | N/A |
| Return on Assets | N/A | N/A |
| Current Ratio | 0.88-0.0 | 0.92 |
| Debt-to-Equity | 1.71-1.9 | 3.66 |
| FCF Margin | N/A | N/A |
Note: The current ratio is below 1.0 (0.88), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Simpple Ltd's annual revenue?
Simpple Ltd (SPPL) reported $2.8M in total revenue for fiscal year 2024. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Simpple Ltd profitable?
No, Simpple Ltd (SPPL) reported a net income of -$2.9M in fiscal year 2024, with a net profit margin of -104.2%.
What is Simpple Ltd's EBITDA?
Simpple Ltd (SPPL) had EBITDA of -$2.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Simpple Ltd's gross margin?
Simpple Ltd (SPPL) had a gross margin of 59.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Simpple Ltd's operating margin?
Simpple Ltd (SPPL) had an operating margin of -117.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Simpple Ltd's net profit margin?
Simpple Ltd (SPPL) had a net profit margin of -104.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Simpple Ltd's return on equity (ROE)?
Simpple Ltd (SPPL) has a return on equity of -160.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Simpple Ltd's free cash flow?
Simpple Ltd (SPPL) generated -$857K in free cash flow during fiscal year 2024. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Simpple Ltd's operating cash flow?
Simpple Ltd (SPPL) generated -$845K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Simpple Ltd's total assets?
Simpple Ltd (SPPL) had $4.8M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Simpple Ltd's capital expenditures?
Simpple Ltd (SPPL) invested $12K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Simpple Ltd's current ratio?
Simpple Ltd (SPPL) had a current ratio of 0.88 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Simpple Ltd's debt-to-equity ratio?
Simpple Ltd (SPPL) had a debt-to-equity ratio of 1.71 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Simpple Ltd's return on assets (ROA)?
Simpple Ltd (SPPL) had a return on assets of -59.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Simpple Ltd's cash runway?
Based on fiscal year 2024 data, Simpple Ltd (SPPL) had $377K in cash against an annual operating cash burn of $845K. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Are Simpple Ltd's earnings high quality?
Simpple Ltd (SPPL) has an earnings quality ratio of 0.29x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Simpple Ltd cover its interest payments?
Simpple Ltd (SPPL) has an interest coverage ratio of -126.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Simpple Ltd?
Simpple Ltd (SPPL) scores 16 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.