| Summary of financial information of joint venture |
Summary
of financial information of the joint venture, as derived from its unaudited financial statements, is as follows:
Summary
of financial information of joint venture
| | |
December 31, 2024 | | |
December 31, 2025 | | |
December 31, 2025 | |
| | |
| S$’000 | | |
| S$’000 | | |
| US$’000 | |
| | |
| | | |
| | | |
| | |
| Current assets | |
| 462 | | |
| 2,324 | | |
| 1,807 | |
| Non-current assets | |
| 7,945 | | |
| 7,357 | | |
| 5,721 | |
| Total assets | |
| 8,407 | | |
| 9,681 | | |
| 7,528 | |
| | |
| | | |
| | | |
| | |
| Current liabilities | |
| 2,846 | | |
| 9,114 | | |
| 7,087 | |
| Non-current liabilities | |
| 6,002 | | |
| 1,659 | | |
| 1,290 | |
| Total liabilities | |
| 8,848 | | |
| 10,773 | | |
| 8,377 | |
| | |
| | | |
| | | |
| | |
| Joint venture’s deficit | |
| (441 | ) | |
| (1,092 | ) | |
| (849 | ) |
| | |
| | | |
| | | |
| | |
| Total liabilities and joint venture’s equity | |
| 8,407 | | |
| 9,681 | | |
| 7,528 | |
| | |
2024 | | |
2025 | | |
2025 | |
| | |
Year Ended December 31, | |
| | |
2024 | | |
2025 | | |
2025 | |
| | |
| S$’000 | | |
| S$’000 | | |
| US$’000 | |
| | |
| | | |
| | | |
| | |
| Revenue | |
| 1,618 | | |
| 1,607 | | |
| 1,249 | |
| Cost of revenue | |
| (1,475 | ) | |
| (1,078 | ) | |
| (838 | ) |
| Gross profit | |
| 143 | | |
| 529 | | |
| 411 | |
| Net loss | |
| (433 | ) | |
| (650 | ) | |
| (506 | ) |
|