FBS Global Limited (FBGL) Income Statement
FBGL 2025 at a glance
Fiscal year ended December 31, 2025 · Singapore dollarsFBGL revenue and net income
Where FBGL's revenue goes
2025Each bar shows an amount and its share of revenue. FBGL kept −7.9% of revenue as net income.
FBGL profit margins
FBGL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +86.8% | +15.4% | +35.4% | — |
| Gross profit | +110.2% | +6.4% | +31.4% | — |
| 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.
FBGL income statement in Singapore dollars
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | S$25.9M | S$13.8M | S$21.8M | S$16.8M | S$22.7M | S$5.7M |
| Cost of revenue | S$23.2M | S$12.6M | S$19.2M | S$14.6M | S$18.9M | S$5.0M |
| Gross profit | S$2.6M | S$1.3M | S$2.6M | S$2.2M | S$3.8M | S$671,381 |
| Research & development | S$674,500 | S$0 | S$0 | — | — | — |
| Sales, general & admin | S$3.7M | S$1.9M | S$2.1M | S$1.9M | S$1.4M | S$1.2M |
| Total operating expenses | S$4.6M | S$2.2M | S$2.7M | S$2.1M | S$2.1M | S$1.8M |
| Operating income | −S$1.9M | −S$967,325 | −S$44,750 | S$74,499 | S$1.7M | −S$1.1M |
| Interest expense | S$14,463 | S$65,921 | S$77,104 | S$83,276 | S$85,371 | S$88,185 |
| Income before taxes | −S$2.0M | −S$850,004 | −S$33,313 | S$210,917 | S$2.1M | −S$684,240 |
| Income taxes | — | −S$35,638 | −S$37,998 | S$142,290 | S$364,126 | −S$116,320 |
| Net income | −S$2.0M | −S$814,366 | S$4,685 | S$68,627 | S$1.8M | −S$567,920 |
| EBITDA | −S$1.1M | S$106,261 | S$205,503 | S$440,902 | S$2.4M | −S$473,129 |
| Gross margin | 10.2% | 9.0% | 12.1% | 13.0% | 16.9% | 11.8% |
| Operating margin | −7.5% | −7.0% | −0.2% | 0.4% | 7.6% | −19.1% |
| Net margin | −7.9% | −5.9% | 0.0% | 0.4% | 7.8% | −10.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in Singapore dollars as reported in FBGL's financial statements (latest annual report filed April 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FBGL financial results
In fiscal year 2025 (ended December 31, 2025), FBS Global reported revenue of S$25.9 million, up 86.8% from the year before. It had a net loss of S$2.0 million, a net profit margin of −7.9%. Over five years revenue grew at an average rate of 35.4% a year. Figures are in Singapore dollars, the currency of its financial statements.
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FBGL income statement FAQ
What is FBS Global's annual revenue?
FBS Global reported total revenue of S$25.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 86.8% from S$13.8 million the previous year.
Is FBS Global profitable?
No. FBS Global reported a net loss of S$2.0 million in fiscal 2025, a net profit margin of −7.9%; its operating margin was −7.5%.
What is FBS Global's gross margin?
FBS Global's gross margin was 10.2% in fiscal 2025: for every $100 of revenue, FBS Global kept $10 after the direct cost of its products and services.
How much does FBS Global spend on research and development?
FBS Global spent S$0.7 million on research and development in fiscal 2025, 2.6% of revenue.
How fast is FBS Global growing?
Revenue grew 35.4% a year on average over the last five fiscal years, from S$5.7 million to S$25.9 million.
When does FBS Global's fiscal year end?
FBS Global's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 30, 2026.