Rectitude Holdings Ltd Stock Price, News & Analysis

Rectitude Holdings (NASDAQ:RECT) has entered into a $32.6 million Standby Equity Purchase Agreement (SEPA) with Constantinople Limited to launch a Bitcoin treasury strategy. The agreement allows Rectitude to issue shares at its discretion at a 2.5% discount to the lowest daily VWAP over three consecutive trading days.

The Singapore-based safety equipment provider plans to use the majority of the proceeds to purchase Bitcoin, viewing it as a store of value and inflation hedge. The SEPA involves notable crypto figures including Tian Jia as Lead Investor and former Tron co-founder Chen Zhiqiang. The company maintains flexibility in determining the timing and volume of share issuance, with no mandatory minimum drawdowns or penalties.

Rectitude Holdings Ltd (RECT), a Singapore-based safety equipment provider, reported mixed financial results for FY2025 ended March 31. Revenue increased 5.91% to S$43.80 million, while net income declined to S$2.24 million (S$0.16 per share) from S$3.36 million (S$0.27 per share) in FY2024.

The company's gross profit margin decreased to 33.65% from 35.57%, impacted by product mix changes and freight costs. EBITDA declined to S$4.56 million from S$5.88 million. Notable investments include the launch of the All-in-one Intelligent Micro-grid System (AIMS) battery storage system and expansion of retail branches, though these initiatives increased operating expenses.

Rectitude Holdings (Nasdaq: RECT) has secured its first sub-contract from China Construction (South Pacific) Development Co. for renting its AIMS battery energy storage system in Singapore. The contract, extending through April 2026, involves providing clean power to construction equipment across various projects.

The agreement covers projects under CCDC and its subsidiaries, including Rich Construction, China Construction Realty, and Kaszon. Rectitude has already deployed its first 500kWh AIMS system under this contract, following initial system sales in Singapore in February 2025.

The AIMS system is designed for high-efficiency energy management and zero-emission power supply. The company plans to expand this business segment through system sales, rentals, and related services.

Rectitude Holdings (RECT) reported its fiscal 2025 first half financial results, showing mixed performance. Revenue increased 7.89% to S$22.1 million ($17.2 million), driven by S$5.6 million growth in safety equipment sales, partially offset by S$4.0 million decrease in auxiliary product revenues.

The company's gross profit slightly increased to S$7.7 million, while gross margin declined to 34.74% from 36.96% due to higher procurement costs. Net income decreased to S$1.1 million (S$0.08 per share) from S$2.1 million (S$0.17 per share) in the prior year period. Adjusted EBITDA declined to S$3.2 million from S$3.4 million.

Operating expenses increased with selling and marketing costs rising S$0.5 million to S$2.5 million due to new branch openings, while general and administrative expenses grew S$0.9 million to S$3.8 million, primarily due to IPO-related and ongoing public company costs.

Rectitude Holdings (NASDAQ: RECT) has successfully delivered its first batch of All-in-One Intelligence Micro-grid System (AIMS) products to Singapore customers in February 2025. The initial sale comprised two AIMS AST 05 systems and twelve 6800/2350B mobile power stations, generating S$450,000 in revenue.

The AIMS AST 05 systems have been successfully integrated into the local electrical grid, while the mobile power stations were distributed to various Singapore companies across different industries. The company has already secured additional orders for mobile power stations, indicating strong market demand.

This milestone follows Rectitude's entry into Thailand's green energy market in December 2024 and aligns with Singapore's Green Plan 2030. The company aims to establish a strong presence in Southeast Asia's sustainable energy sector.

Rectitude Holdings (NASDAQ: RECT) has secured its first sales contracts for its new All-in-One Intelligence Micro-grid System (AIMS), expected to generate approximately $1 million in revenue. The company is expanding into Thailand's green energy market through a strategic partnership with Nanjing Starship Intelligent Storage Technology Co.

AIMS is designed to provide scalable and integrated energy storage solutions for industries like construction, mining, and rural electrification. This market entry represents a strategic move into Southeast Asia's projected multi-billion-dollar new energy solutions sector, complementing Rectitude's existing safety equipment and industrial products business.

Rectitude Holdings (NASDAQ: RECT) has announced a memorandum of understanding with Nanjing Starship Intelligent Storage Technology to provide its All-in-one Intelligence Micro-grid System (AIMS/AST-05). The AIMS is a next-generation energy storage solution designed to manage power from multiple sources, including renewable energy and diesel generators.

The system features intelligent energy management, dual charging circuits, and remote monitoring capabilities. Key benefits include zero-emission operation when used with renewable sources, cost savings through reduced fuel consumption, scalability, and reliable performance. The solution targets industries such as construction, mining, and rural electrification.

Rectitude Holdings , a Singapore-based safety equipment provider, announced its financial results for the fiscal year ended March 31, 2024. Key highlights include:

• Revenue increased 9.86% to S$41.35 million
• Gross profit margin improved to 35.57%, up 332 basis points
• Net income was $2.49 million or $0.20 per diluted share
• Adjusted EBITDA increased to S$6.37 million from S$6.15 million

The company's growth was driven by stronger customer demand for safety equipment due to increased construction activity. Rectitude completed a successful IPO and Nasdaq listing, with plans to invest the raised capital for long-term growth and operational efficiencies.

Rectitude Holdings, a Singapore-based provider of safety equipment and industrial products, marked the successful completion of its Initial Public Offering (IPO) with a Nasdaq Bell Ringing Ceremony on July 11, 2024, at Capella Singapore. The ceremony was attended by key figures including Nasdaq's Hiren Krishnani. Rectitude, now trading under the ticker 'RECT', began its Nasdaq journey on June 21, 2024. CEO Jian Zhang highlighted the significance of this achievement, attributing it to the dedication of the entire team. He also expressed optimism about the company's future, aiming to deliver long-term shareholder value and strengthen its market position in Southeast Asia. A replay of the ceremony is available on Rectitude's website.