SIMPPLE LTD. (SPPL) AI Stock Analysis

NASDAQ: SPPLAI research summary: business, growth, valuation, analysts, bull and bear case.

SPPL AI stock analysis summary

AI Research

SIMPPLE LTD. (SPPL) is a Singapore-based technology company providing automated facility management workflow and robotics software. In FY2025, revenue increased 50.8% to $5.8M, though net income remained negative at -$4.1M. Over the past year, the stock fell 69.7% to a closing price of $1.87.

Market cap
$18.3M
Revenue (TTM)
$5.9M
P/E
—
1Y return
-69.7%
S&P 500 16.8%
Avg. target
—

Bull case

  • FY2025 revenue surged 50.8% to $5.8M, recovering from $3.9M in FY2024.
  • The company delivered an 11.3% five-year revenue CAGR from FY2020 through FY2025.
  • Gross margin remained relatively steady at 49.6% in FY2025 after reaching 59.9% in FY2024.

Bear case

  • The company remained unprofitable in FY2025, reporting net income of -$4.1M and an operating margin of -62.8%.
  • Free cash flow was -$3.8M in FY2025, driven by operating cash flow of -$1.8M and capital expenditures of $2.0M.
  • Shareholder dilution has been substantial, with the company's share count rising 268.5% over five years.

What SIMPPLE LTD. does

Founded in 2016 and based in Singapore, Simpple Ltd. develops the SIMPPLE Ecosystem, an advanced technology platform designed to automate workflows and enhance workforce efficiency. Its offerings focus on building maintenance, security surveillance, and janitorial services. The core portfolio includes SIMPPLE Software for quality management and personnel oversight, SIMPPLE PLUS for robotics and Internet-of-Things devices, and SIMPPLE.AI, an autonomic intelligence engine for facilities management. Operating with 39 employees as a subsidiary of Ifsc Founders Pte. Ltd., the company provides professional setup, installation, and systems consultation services directly to facility owners and managers.

Growth and profitability

Revenue grew at an 11.3% five-year CAGR from FY2020 to FY2025. After revenue fell 27.3% in FY2023 to $4.6M and 16.5% in FY2024 to $3.9M, FY2025 revenue rebounded 50.8% to $5.8M. However, profitability remained negative, with FY2025 net income of -$4.1M and an operating margin of -62.8%, down from net income of $66,208 in FY2021. Gross margin settled at 49.6% in FY2025 after reaching 59.9% in FY2024. For the trailing twelve months ended March 31, 2026, revenue was $5.9M with quarterly revenue growth of 2.6% year-over-year, an operating margin of -88.8%, and diluted EPS of -$0.55.

SPPL income statement →

Balance sheet and cash flow

As of March 31, 2026, SIMPPLE LTD. held $3.1M in cash and short-term investments against total debt of $3.4M, resulting in net debt of $271,001. Total assets were $11.1M and shareholders' equity was $3.4M. Liquidity is constrained, with a current ratio of 0.91 and a debt-to-equity ratio of 0.99. In FY2025, the company used cash for $2.0M in capital expenditures, while operating cash flow was -$1.8M and free cash flow was -$3.8M. Over five years, the share count increased by 268.5%.

SPPL balance sheet →

Valuation and performance

At a market capitalization of $18.3M and an enterprise value of $21.4M, SIMPPLE LTD. trades at a price-to-sales multiple of 3.1x and an EV-to-revenue multiple of 4.6x. Its price-to-sales ratio is higher than the median of its US-listed Industrials peers of 1.5x. The company has a price-to-book ratio of 7.9x. The stock has underperformed the broader market, falling 69.7% over the past year compared to a 16.8% gain for the S&P 500 (SPY). Over year-to-date trading, the stock is down 56.0% and closed at $1.87 on October 16, 2026.

SPPL key metrics →

What analysts expect

SIMPPLE LTD. does not have published consensus analyst rating counts, price targets, or forward earnings estimates. Following its last close of $1.87 on October 16, 2026, the company holds a market capitalization of $18.3M. There is no earnings track record beat-or-miss data or scheduled next earnings date available. Institutional ownership stands at 3.5%, while insider ownership accounts for 3.1% of shares and short interest is 0.1% of the float.

Key risks and what to watch

  • A current ratio of 0.91 as of March 31, 2026, highlights potential short-term liquidity strain.
  • Total debt of $3.4M exceeds cash and short-term investments of $3.1M, resulting in net debt of $271,001.
  • High share price volatility is shown by a beta of 4.22 and a 52-week trading range between $1.50 and $6.20.
  • A trailing twelve months return on equity of -142.4% reflects ongoing equity depletion from persistent net losses.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this SPPL AI stock analysis

This page is an AI-written research summary of SIMPPLE LTD. (SPPL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: SPPL income statement, SPPL balance sheet, SPPL key metrics, SPPL chart. See the SPPL stock overview for the latest quote and news.

SPPL AI stock analysis FAQ

What does SIMPPLE LTD. do?

SIMPPLE LTD. develops technology solutions for facilities management through its SIMPPLE Ecosystem. Its products include workforce software, cleaning and security robotics via SIMPPLE PLUS, and automated workflow intelligence through SIMPPLE.AI.

Does SIMPPLE LTD. pay a dividend?

No, SIMPPLE LTD. does not pay a dividend. The company generated free cash flow of -$3.8M in FY2025 and allocates its resources toward funding business operations.

How fast is SIMPPLE LTD. growing?

In FY2025, revenue increased 50.8% to $5.8M, up from $3.9M in FY2024. In the latest quarter ended March 31, 2026, quarterly revenue grew 2.6% year-over-year.

What is SIMPPLE LTD.'s debt and cash position?

As of March 31, 2026, SIMPPLE LTD. held $3.1M in cash and short-term investments alongside $3.4M in total debt. This resulted in net debt of $271,001 and a debt-to-equity ratio of 0.99.

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