$TCGLF
TechCreate Group Ltd.
CIK:0002047190|SEC Filings
Consolidated Statements of Operations and Comprehensive Loss |
12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Dec. 31, 2025
USD ($)
$ / shares
shares
|
Dec. 31, 2025
SGD ($)
$ / shares
shares
|
Dec. 31, 2024
SGD ($)
$ / shares
shares
|
Dec. 31, 2023
SGD ($)
$ / shares
shares
|
[1] | |||||
| Income Statement [Abstract] | |||||||||
| Revenue | $ 3,711,693 | $ 4,772,866 | $ 3,104,324 | $ 2,879,645 | |||||
| Cost of revenue | (2,348,518) | (3,019,959) | (2,210,508) | (1,460,778) | |||||
| Gross profit | 1,363,175 | 1,752,907 | 893,816 | 1,418,867 | |||||
| Selling and distribution expenses | (388,595) | (499,694) | (786,428) | (704,128) | |||||
| Research and development expenses | (7,000) | ||||||||
| General and administrative expenses | (1,740,099) | (2,237,593) | (976,411) | (754,802) | |||||
| Total operating expenses | (2,128,694) | (2,737,287) | (1,762,839) | (1,465,930) | |||||
| Loss from operations | (765,519) | (984,380) | (869,023) | (47,063) | |||||
| Other income (expenses) | |||||||||
| Other income | 21,441 | 27,571 | 30,828 | 52,375 | |||||
| Interest expense | (40,486) | (52,061) | (41,952) | ||||||
| Total other income (expenses) | (19,045) | (24,490) | (11,124) | 52,375 | |||||
| Income/ (Loss) before income tax | (784,564) | (1,008,870) | (880,147) | 5,312 | |||||
| Income tax expense | (48,247) | (62,041) | (132,679) | (200,107) | |||||
| Net loss | (832,811) | (1,070,911) | (1,012,826) | (194,795) | |||||
| Other comprehensive loss, net of tax | |||||||||
| Currency translation differences arising from consolidation | 26,626 | 34,238 | (5,717) | 6,421 | |||||
| Net comprehensive loss | $ (806,185) | $ (1,036,673) | $ (1,018,543) | $ (188,374) | |||||
| Net loss per share attributable to ordinary shareholders | |||||||||
| Basic | (per share) | $ (0.05) | $ (0.06) | $ (0.06) | $ (0.01) | |||||
| Diluted | (per share) | $ (0.05) | $ (0.06) | $ (0.06) | $ (0.01) | |||||
| Weighted average number of ordinary shares used in computing net loss per share | |||||||||
| Basic | [2] | 18,110,952 | 18,110,952 | 17,500,000 | 17,500,000 | ||||
| Diluted | [2] | 18,110,952 | 18,110,952 | 17,500,000 | 17,500,000 | ||||
| |||||||||
Consolidated Statements of Cash Flows |
12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|
|
Dec. 31, 2025
USD ($)
|
Dec. 31, 2025
SGD ($)
|
Dec. 31, 2024
SGD ($)
|
Dec. 31, 2023
SGD ($)
|
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| Cash flows from operating activities | |||||||
| Net loss | $ (832,811) | $ (1,070,911) | $ (1,012,826) | $ (194,795) | |||
| Adjustments to reconcile net loss to net cash provided by operating activities | |||||||
| Depreciation | 6,076 | 7,813 | 8,933 | 7,450 | |||
| Operating lease expenses | 32,861 | 42,256 | 40,408 | 27,711 | |||
| Working capital loan interest | 40,486 | 52,061 | 41,952 | [1] | |||
| Share-based compensation | 42,982 | 55,270 | |||||
| Changes in operating assets and liabilities | |||||||
| Deferred cost | 381,380 | 490,416 | 437,106 | (80,766) | |||
| Contract assets | 164,098 | 211,014 | (69,226) | 188,760 | |||
| Trade and other receivables | (3,295,527) | (4,237,718) | (146,179) | 58,179 | |||
| Amount due from directors | 176,685 | ||||||
| Amount due from related parties | 9,155 | 11,772 | 45,115 | (41,479) | |||
| Contract liabilities | (692,528) | (890,522) | (553,690) | (13,939) | |||
| Trade and other payables | 257,575 | 331,216 | (9,970) | 55,098 | |||
| Lease liabilities | (32,523) | (41,821) | (40,856) | (26,231) | |||
| Income tax payable | 5,702 | 7,332 | (27,131) | (15,431) | |||
| Net cash generated from/ (used in) operating activities | (3,913,074) | (5,031,822) | (1,286,364) | 141,242 | |||
| Cash flow from investing activities: | |||||||
| Acquisition of property, plant and equipment | (4,551) | (5,852) | (7,848) | (10,651) | |||
| Net cash used in investing activities | (4,551) | (5,852) | (7,848) | (10,651) | |||
| Cash flows from financing activities: | |||||||
| Dividend paid to equity holders | (306,010) | ||||||
| Amount due to shareholders | (11,202) | (14,405) | 7,964 | 3,719 | |||
| Repayment of working capital loans | (436,575) | (561,392) | (131,822) | ||||
| Proceeds from working capital loans | 850,000 | ||||||
| Proceeds from issuance of shares | 9,083,346 | 11,680,275 | 1,241,740 | ||||
| Deferred offering costs | (457,718) | ||||||
| Net cash (used in)/ generated from financing activities | 8,635,569 | 11,104,478 | 1,510,164 | (302,291) | |||
| Effects of changes in foreign exchange of cash | 75,889 | 97,585 | (7,847) | 6,422 | |||
| Net (decrease)/ increase in cash and cash equivalents | 4,793,833 | 6,164,389 | 208,105 | (165,278) | |||
| Cash and cash equivalents at beginning of financial year | 937,826 | 1,205,951 | 997,846 | 1,163,124 | |||
| Cash and cash equivalents at end of financial year | 5,731,659 | 7,370,340 | 1,205,951 | 997,846 | |||
| Supplemental cash flow information | |||||||
| Income taxes paid | (205) | (263) | (25,423) | (22,597) | |||
| Withholding taxes paid | (42,337) | (54,441) | (134,423) | (193,022) | |||
| Cash paid for interest | (40,485) | (52,060) | (41,952) | ||||
| Capital contribution subscription receivable from shareholder | 4,900 | ||||||
| Supplemental disclosure of non-cash flow information | |||||||
| Deferred IPO cost offset with additional paid-in capital | $ 457,718 | ||||||
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