v3.26.1
Segmental reporting
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segmental reporting
12 Segmental reporting

 

We realize revenue primarily through the sale of package software solutions and no-code platform and mobile applications and related service provided. The Company managed and reviewed its business through two operating and reporting segments based on the products/service offered in accordance with ASC 280.

 

 

12 Segmental reporting (continued)

 

The following tables present summary information by segment for the years ended December 31,2024 and 2025, respectively:

 

                 
   Year Ended December 31, 2024 
   Packaged software solutions   No-code platform and mobile application   Corporate Governance   Total 
   S$   S$   S$   S$ 
Revenue   3,267,891    774,883    -    4,042,774 
Cost of revenue   (2,655,675)   (333,549)   -    (2,989,224)
                     
Gross profits   612,216    441,334    -    1,053,550 
                     
Loss from operation   (1,431,609)   (1,097,510)   (6,157,821)   (8,686,940 
Other income   79,214    34,940    94,491    208,645)
                     
Loss before tax expense   (1,352,395)   (1,062,570)   (6,063,330)   (8,478,295)
                     
Income tax expense   (161,000)   (8,304)   -    (169,304 
                     
Net loss   (1,513,395)   (1,070,874)   (6,063,330)   (8,647,599 
                     
Total reportable assets   951,369    3,010,728    12,056,517    16,018,614 

 

   Year Ended December 31, 2025 
   Packaged software solutions   No-Code platform and mobile application   Corporate Governance   Total   Packaged software solutions   No-Code platform and mobile application   Corporate Governance   Total 
   S$   S$   S$   S$   US$   US$   US$   US$ 
Revenue   3,714,411    1,968,428    -    5,682,839    2,888,570    1,530,778    -    4,419,348 
Cost of revenue   (1,785,650)   (1,386,538)   -    (3,172,188)   (1,388,638)   (1,078,263)   -    (2,466,901)
                                         
Gross profits   1,928,761    581,890    -    2,510,651    1,499,932    452,515    -    1,952,447 
                                         
Loss from operation   (2,035,462)   (773,579)   (4,660,526)   (7,469,567)   (1,582,908)   (601,586)   (3,624,330)   (5,808,824)
Other income (expenses)   (767)   2,896,534    219,466    3,115,233    (596)   2,252,534    170,671    2,422,609 
                                         
Income (loss) before tax expense   (2,036,229)   2,122,955    (4,441,060)   (4,354,334)   (1,583,504)   1,650,948    (3,453,659)   (3,386,215)
                                         
Income tax expense   (17,895)   (99,005)   -    (116,900)   (13,916)   (76,993)   -    (90,909)
                                         
Net loss   (2,054,124)   2,023,950    (4,441,060)   (4,471,234)   (1,597,420)   1,573,955    (3,453,659)   (3,477,124)
                                         
Total reportable assets   4,178,389    6,494,333    1,177,557    11,850,279    3,249,389    5,050,418    915,745    9,215,552 

 

The Company sells to one geographical location which is Singapore.