Financial Snapshot

Revenue
$26.23M
TTM
Gross Margin
14.0%
TTM
Net Earnings
-$24.44M
TTM
Current Assets
Q4 2023
Current Liabilities
Q4 2023
Current Ratio
35.46%
Q4 2023
Total Assets
Q4 2023
Total Liabilities
Q4 2023
Book Value
-$5.626M
Q4 2023
Cash
Q4 2023
P/E
-0.5131
Nov 14, 2024 EST
Free Cash Flow
-$6.420M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $6.569M $8.825M $6.195M
YoY Change -25.56% 42.45%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $6.569M $8.825M $6.195M
Cost Of Revenue $6.813M $7.534M $4.220M
Gross Profit $1.854M $1.291M $1.975M
Gross Profit Margin 28.22% 14.63% 31.88%

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 2023 2022 2021
Selling, General & Admin $12.71M $4.746M $2.195M
YoY Change 167.7% 116.22%
% of Gross Profit 685.28% 367.62% 111.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.00K $301.0K $273.0K
YoY Change -84.39% 10.26%
% of Gross Profit 2.54% 23.32% 13.82%
Operating Expenses $13.11M $5.047M $2.468M
YoY Change 159.7% 104.5%
Operating Profit -$11.25M -$3.756M -$493.0K
YoY Change 199.6% 661.87%

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 2023 2022 2021
Interest Expense $130.0K -$198.0K -$118.0K
YoY Change -165.66% 67.8%
% of Operating Profit
Other Income/Expense, Net $3.251M -$1.006M -$629.0K
YoY Change -423.16% 59.94%

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 2023 2022 2021
Pretax Income -$9.755M -$4.960M -$1.240M
YoY Change 96.67% 300.0%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$9.723M -$4.923M -$1.231M
YoY Change 97.5% 299.92%
Net Earnings / Revenue -148.01% -55.78% -19.87%
Basic Earnings Per Share -$0.75 -$0.42 -$0.11
Diluted Earnings Per Share -$0.75 -$0.26 -$0.06

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 2023 2022 2021
Cash & Short-Term Investments $1.694M $3.007M $2.630M
YoY Change -43.66% 14.33%
Cash & Equivalents $1.694M $3.007M $2.630M
Short-Term Investments
Other Short-Term Assets $2.566M $526.0K $483.0K
YoY Change 387.83% 8.9%
Inventory
Prepaid Expenses
Receivables $30.00K $70.00K $11.00K
Other Receivables $173.0K $164.0K $191.0K
Total Short-Term Assets $4.463M $3.767M $3.315M
YoY Change 18.48% 13.63%
Property, Plant & Equipment $61.00K $24.00K $24.00K
YoY Change 154.17% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $734.0K $556.0K $375.0K
YoY Change 32.01% 48.27%
Total Assets $5.197M $4.323M $3.690M
YoY Change
Accounts Payable $5.463M $3.401M $2.862M
YoY Change 60.63% 18.83%
Accrued Expenses $1.971M $827.0K $484.0K
YoY Change 138.33% 70.87%
Deferred Revenue
YoY Change
Short-Term Debt $2.850M $0.00 $500.0K
YoY Change -100.0%
Long-Term Debt Due $2.303M
YoY Change
Total Short-Term Liabilities $12.59M $4.228M $3.846M
YoY Change 197.71% 9.93%
Long-Term Debt $0.00 $5.094M $0.00
YoY Change -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $5.094M $0.00
YoY Change -100.0%
Total Liabilities $12.54M $9.285M $3.845M
YoY Change 35.06% 141.48%

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 2023 2022 2021
Basic Shares Outstanding 13.01M shares 11.70M shares 11.70M shares
Diluted Shares Outstanding 13.01M shares 11.70M shares 11.70M 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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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $12.54 Million

About Ryde Group Ltd

Ryde Group Ltd. provides mobility and quick commerce solutions to its consumers through its subsidiaries. The company employs 34 full-time employees The company went IPO on 2024-03-06. The firm through its subsidiaries provide mobility and quick commerce solutions to its consumers. The company is a technology-driven platform that offers mobility and quick commerce solutions to its consumers. The Company’s core business is divided into two categories: mobility and quick commerce. Its mobility business segment provides flexible and scheduled carpooling and ride-hailing services, matching riders with its network of driver partners. Its ride-hailing services allow riders to determine the number of seats they require for the trip, and offers real-time, on-demand bookings as well as advance bookings and multi-stop options. Its different service offerings include RydeX, RydeXL, RydeLUXE, RydeFLASH, RydePET, RydeHIRE, and RydeTAXI services. Its quick commerce business segment is a package delivery booking service, which enables driver partners to accept bookings for package delivery services through its driver partner app.

Industry: Services-Business Services, NEC Peers: Grab Holdings Ltd