Financial Snapshot

Revenue
$76.62M
TTM
Gross Margin
34.07%
TTM
Net Earnings
$8.568M
TTM
Current Assets
Q1 2024
Current Liabilities
Q1 2024
Current Ratio
186.4%
Q1 2024
Total Assets
Q1 2024
Total Liabilities
Q1 2024
Book Value
$10.82M
Q1 2024
Cash
Q1 2024
P/E
5.483
Sep 06, 2024 EST
Free Cash Flow
$7.156M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022
Revenue $30.69M 37.64M sgds 29.81M sgds
YoY Change -18.47% 26.26%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022
Revenue $30.69M 37.64M sgds 29.81M sgds
Cost Of Revenue $19.77M 25.50M sgds 21.07M sgds
Gross Profit $10.92M 12.14M sgds 8.744M sgds
Gross Profit Margin 35.57% 32.25% 29.33%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022
Selling, General & Admin $7.769M 7.274M sgds 6.150M sgds
YoY Change 6.8% 18.28%
% of Gross Profit 71.17% 59.92% 70.34%
Research & Development $56.69K 83.68K sgds 89.07K sgds
YoY Change -32.26% -6.04%
% of Gross Profit 0.52% 0.69% 1.02%
Depreciation & Amortization $397.8K 540.1K sgds 530.9K sgds
YoY Change -26.35% 1.73%
% of Gross Profit 3.64% 4.45% 6.07%
Operating Expenses $7.826M 7.358M sgds 6.239M sgds
YoY Change 6.36% 17.93%
Operating Profit $3.090M 4.783M sgds 2.505M sgds
YoY Change -35.4% 90.95%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022
Interest Expense -$140.6K -$113.3K
YoY Change 24.05%
% of Operating Profit -2.94% -4.52%
Other Income/Expense, Net -$11.89K 14.38K sgds 11.31K sgds
YoY Change -182.67% 27.13%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022
Pretax Income $3.078M 4.797M sgds 2.516M sgds
YoY Change -35.84% 90.66%
Income Tax $587.9K 870.3K sgds 439.0K sgds
% Of Pretax Income 19.1% 18.14% 17.45%
Net Earnings $2.490M 3.927M sgds 2.077M sgds
YoY Change -36.59% 89.06%
Net Earnings / Revenue 8.11% 10.43% 6.97%
Basic Earnings Per Share $0.20 $0.31 $0.17
Diluted Earnings Per Share $0.27 $0.31 $0.17

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022
Cash & Short-Term Investments $2.433M $1.142M
YoY Change 113.06%
Cash & Equivalents $2.433M $1.142M
Short-Term Investments
Other Short-Term Assets $218.3K $250.6K
YoY Change -12.88%
Inventory $5.782M $5.621M
Prepaid Expenses
Receivables $10.92M $9.389M
Other Receivables $431.1K $377.8K
Total Short-Term Assets $19.78M $16.78M
YoY Change 17.89%
Property, Plant & Equipment $8.693M $8.253M
YoY Change 5.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $221.8K $220.3K
YoY Change 0.7%
Other Assets
YoY Change
Total Long-Term Assets $8.915M $8.473M
YoY Change 5.21%
Total Assets $28.70M $25.25M
YoY Change
Accounts Payable $6.671M $6.076M
YoY Change 9.79%
Accrued Expenses $1.097M $891.7K
YoY Change 23.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $592.2K $1.351M
YoY Change -56.17%
Total Short-Term Liabilities $11.60M $10.18M
YoY Change 14.03%
Long-Term Debt $3.909M $4.506M
YoY Change -13.24%
Other Long-Term Liabilities $1.952M $1.117M
YoY Change 74.8%
Total Long-Term Liabilities $5.862M $5.623M
YoY Change 4.25%
Total Liabilities $17.47M $15.80M
YoY Change 10.55%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022
Basic Shares Outstanding 12.50M shares 12.50M shares 12.50M shares
Diluted Shares Outstanding 12.50M shares 12.50M shares 12.50M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $46.98 Million

About Rectitude Holdings Ltd

Rectitude Holdings Ltd is a SG-based company operating in Commercial Services & Supplies industry. The company employs 98 full-time employees The company went IPO on 2024-06-21. Rectitude Holdings Ltd is an investment holding company. The firm is principally involved in the provision of safety equipment, encompassing essential items, such as personal protective clothing, hand gloves, safety footwear, and personal fall arrest systems (a system used to arrest an employee in a fall from a walking-working surface, usually consisting of a body harness, anchorage, and connector), portable fire extinguishers and traffic products, such as rubber speed humps, wheel stops and wheel chocks. The company also offers auxiliary products, such as industrial hardware tools and electrical hardware required for construction sites. Its products and solutions are marketed to an array of distributor networks and end markets, both in Singapore and throughout the Southeast Asian region, including Brunei, Cambodia, Malaysia, Indonesia, and Vietnam. Its customers belong to the infrastructure development, building construction, marine, oil and gas industries, and general industrial markets.

Industry: Cutlery, Handtools & General Hardware Peers: