Cuprina Holdings (Cayman) Limited Class A (CUPR) Income Statement
CUPR 2025 at a glance
Fiscal year ended December 31, 2025 · Singapore dollarsCUPR revenue and net income
Where CUPR's revenue goes
2025Each bar shows an amount and its share of revenue. CUPR kept −9,366.8% of revenue as net income.
CUPR profit margins
CUPR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.3% | −4.1% | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CUPR income statement in Singapore dollars
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | S$49,894 | S$48,321 | S$100,773 | S$56,599 | S$58,504 |
| Cost of revenue | S$50,539 | S$51,345 | S$64,168 | S$36,621 | S$35,447 |
| Gross profit | −S$645 | −S$3,024 | S$36,605 | S$19,978 | S$23,057 |
| Research & development | S$226,884 | S$241,362 | S$167,734 | S$292,879 | S$279,785 |
| Sales, general & admin | S$4.4M | S$1.3M | S$833,445 | S$830,355 | S$248,193 |
| Total operating expenses | S$4.6M | S$1.6M | S$1.1M | S$1.2M | S$575,809 |
| Operating income | −S$4.6M | −S$1.6M | −S$1.1M | −S$1.2M | −S$552,752 |
| Interest income | S$26,562 | — | — | — | — |
| Interest expense | S$14,724 | S$37,210 | S$56,587 | S$2,017 | S$2,783 |
| Income before taxes | −S$4.7M | −S$1.5M | −S$1.1M | −S$1.1M | −S$519,686 |
| Income taxes | — | S$51,931 | S$33,788 | S$7,345 | — |
| Net income | −S$4.7M | −S$1.6M | −S$1.1M | −S$1.1M | −S$519,686 |
| EBITDA | −S$4.6M | −S$1.4M | −S$994,121 | −S$1.1M | −S$489,445 |
| Gross margin | −1.3% | −6.3% | 36.3% | 35.3% | 39.4% |
| Operating margin | −9,154.6% | −3,404.9% | −1,060.1% | −2,077.4% | −944.8% |
| Net margin | −9,366.8% | −3,229.5% | −1,111.0% | −1,933.8% | −888.3% |
| Mar '26 | |
|---|---|
| Revenue | S$26,790 |
| Cost of revenue | S$43,291 |
| Gross profit | −S$16,499 |
| Research & development | S$102,694 |
| Total operating expenses | S$2.8M |
| Operating income | −S$2.8M |
| Interest expense | S$6,963 |
| Income before taxes | −S$2.7M |
| Net income | −S$2.7M |
| EBITDA | −S$2.8M |
| Gross margin | −61.6% |
| Operating margin | −10,568.3% |
| Net margin | −10,039.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in Singapore dollars as reported in CUPR's financial statements (latest annual report filed April 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CUPR financial results
In fiscal year 2025 (ended December 31, 2025), Cuprina reported revenue of S$0.0 million, up 3.3% from the year before. It had a net loss of S$4.7 million, a net profit margin of −9,366.8%. Figures are in Singapore dollars, the currency of its financial statements.
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CUPR income statement FAQ
What is Cuprina's annual revenue?
Cuprina reported total revenue of S$0.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 3.3% from S$0.0 million the previous year.
Is Cuprina profitable?
No. Cuprina reported a net loss of S$4.7 million in fiscal 2025, a net profit margin of −9,366.8%; its operating margin was −9,154.6%.
What is Cuprina's gross margin?
Cuprina's gross margin was −1.3% in fiscal 2025: for every $100 of revenue, Cuprina kept $-1 after the direct cost of its products and services.
How much does Cuprina spend on research and development?
Cuprina spent S$0.2 million on research and development in fiscal 2025, 454.7% of revenue.
When does Cuprina's fiscal year end?
Cuprina's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 27, 2026.