Simpple Ltd Financials
This page shows Simpple Ltd (SPPL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Rapid revenue growth is still being outrun by a fixed overhead structure, leaving liquidity reliant on external financing.
From FY2024 to FY2025, operating margin improved from-117.2% to-62.9% , showing that added volume is absorbing overhead more efficiently. But operating cash flow stayed negative while cash rose to$2.4M only because financing cash flow reached$5.8M , so the business is still funding itself externally rather than through customers.
The service itself still appears more viable than the full company cost base: gross margin remained a respectable
Near-term liquidity is still tight because the current ratio stayed below 1.0x in both FY2024 and FY2025, so short-term obligations continue to slightly exceed short-term assets. With inventory and receivables together well below annual revenue, the main strain does not look like slow collection; it is the need to bridge an operating cash shortfall with outside capital.
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Simpple Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Simpple Ltd has an operating margin of -62.8%, meaning the company retains $-63 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. This is up from -117.2% the prior year.
Simpple Ltd's revenue surged 66.3% year-over-year to $4.6M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Simpple Ltd has a moderate D/E ratio of 2.22. This balance of debt and equity financing earns a leverage score of 57/100.
Simpple Ltd's current ratio of 0.91 is below the typical benchmark, resulting in a score of 13/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Simpple Ltd generated -$1.4M in operating cash flow, capex of $437K consumed most of it, leaving -$1.8M 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 -121.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -160.8% the prior year.
Simpple Ltd passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Simpple Ltd generates $0.43 in operating cash flow (-$1.4M OCF vs -$3.3M 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 $-7.4 in operating income for every $1 of interest expense (-$2.9M vs $391K). 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 $4.6M in revenue in fiscal year 2025. This represents an increase of 66.3% from the prior year.
Simpple Ltd's EBITDA was -$2.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 16.4% from the prior year.
Simpple Ltd reported -$3.3M in net income in fiscal year 2025. This represents a decrease of 13.1% from the prior year.
Simpple Ltd earned $-0.56 per diluted share (EPS) in fiscal year 2025. This represents an increase of 31.1% from the prior year.
Cash & Balance Sheet
Simpple Ltd generated -$1.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 115.0% from the prior year.
Simpple Ltd held $2.4M in cash against $0 in long-term debt as of fiscal year 2025.
Simpple Ltd had 6M shares outstanding in fiscal year 2025. This represents an increase of 63.5% from the prior year.
Margins & Returns
Simpple Ltd's gross margin was 49.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 10.3 percentage points from the prior year.
Simpple Ltd's operating margin was -62.8% in fiscal year 2025, reflecting core business profitability. This is up 54.4 percentage points from the prior year.
Simpple Ltd's net profit margin was -70.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 33.4 percentage points from the prior year.
Simpple Ltd's ROE was -121.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 38.9 percentage points from the prior year.
Capital Allocation
Simpple Ltd invested $437K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 3653.1% from the prior year.
SPPL Income Statement
| Metric | Q4'25 | Q4'24 | Q2'24 |
|---|---|---|---|
| Revenue | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A |
SPPL Balance Sheet
| Metric | Q4'25 | Q4'24 | Q2'24 |
|---|---|---|---|
| Total Assets | $8.6M+77.7% | $4.8M+9.4% | $4.4M |
| Current Assets | $5.1M+90.9% | $2.7M-10.9% | $3.0M |
| Cash & Equivalents | $2.4M+547.3% | $377K-65.2% | $1.1M |
| Inventory | $635K+9.4% | $581K-8.0% | $631K |
| Accounts Receivable | $641K+76.5% | $363K-25.2% | $485K |
| Goodwill | N/A | N/A | N/A |
| Total Liabilities | $5.9M+94.4% | $3.1M-12.2% | $3.5M |
| Current Liabilities | $5.6M+84.1% | $3.0M-6.2% | $3.2M |
| Long-Term Debt | N/A | N/A | N/A |
| Total Equity | $2.7M+49.1% | $1.8M+88.3% | $951K |
| Retained Earnings | -$14.6M-36.6% | -$10.7M-12.1% | -$9.6M |
SPPL Cash Flow Statement
| Metric | Q4'25 | Q4'24 | Q2'24 |
|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A |
SPPL Financial Ratios
| Metric | Q4'25 | Q4'24 | Q2'24 |
|---|---|---|---|
| Gross Margin | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A |
| Current Ratio | 0.91+0.0 | 0.88-0.0 | 0.92 |
| Debt-to-Equity | 2.22+0.5 | 1.71-1.9 | 3.66 |
| FCF Margin | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.91), 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 $4.6M in total revenue for fiscal year 2025. This represents a 66.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Simpple Ltd's revenue growing?
Simpple Ltd (SPPL) revenue grew by 66.3% year-over-year, from $2.8M to $4.6M in fiscal year 2025.
Is Simpple Ltd profitable?
No, Simpple Ltd (SPPL) reported a net income of -$3.3M in fiscal year 2025, with a net profit margin of -70.8%.
What is Simpple Ltd's EBITDA?
Simpple Ltd (SPPL) had EBITDA of -$2.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Simpple Ltd's gross margin?
Simpple Ltd (SPPL) had a gross margin of 49.6% in fiscal year 2025, 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 -62.8% in fiscal year 2025, 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 -70.8% in fiscal year 2025, 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 -121.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Simpple Ltd's free cash flow?
Simpple Ltd (SPPL) generated -$1.8M in free cash flow during fiscal year 2025. This represents a -115.0% change compared to the previous fiscal year. 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 -$1.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Simpple Ltd's total assets?
Simpple Ltd (SPPL) had $8.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Simpple Ltd's capital expenditures?
Simpple Ltd (SPPL) invested $437K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Simpple Ltd's current ratio?
Simpple Ltd (SPPL) had a current ratio of 0.91 as of fiscal year 2025, 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 2.22 as of fiscal year 2025, 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 -37.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Simpple Ltd's cash runway?
Based on fiscal year 2025 data, Simpple Ltd (SPPL) had $2.4M in cash against an annual operating cash burn of $1.4M. This gives an estimated cash runway of approximately 21 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.
What is Simpple Ltd's Piotroski F-Score?
Simpple Ltd (SPPL) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Simpple Ltd's earnings high quality?
Simpple Ltd (SPPL) has an earnings quality ratio of 0.43x, 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 -7.4x, 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 28 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.