The GrowHub Limited Class A (TGHL) Income Statement
TGHL 2025 at a glance
Fiscal year ended December 31, 2025 · Singapore dollarsTGHL revenue and net income
Where TGHL's revenue goes
2025Each bar shows an amount and its share of revenue. TGHL kept −20,715.6% of revenue as net income.
TGHL profit margins
TGHL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −65.0% | −51.2% | — | — |
| Gross profit | −123.4% | — | — | — |
| 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.
TGHL income statement in Singapore dollars
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | S$83,032 | S$237,014 | S$128,531 | S$715,196 |
| Cost of revenue | S$99,519 | S$166,694 | S$110,525 | S$93,505 |
| Gross profit | −S$16,487 | S$70,320 | S$18,006 | S$621,691 |
| Sales, general & admin | S$14.5M | S$1.6M | S$1.1M | S$2.1M |
| Total operating expenses | S$14.6M | S$2.4M | S$1.7M | S$2.6M |
| Operating income | −S$14.6M | −S$2.3M | −S$1.7M | −S$2.0M |
| Interest income | S$706 | S$598 | S$226 | S$185 |
| Interest expense | S$90,807 | S$159,482 | S$119,716 | S$125,114 |
| Income before taxes | −S$17.2M | −S$2.4M | −S$1.8M | −S$1.9M |
| Income taxes | −S$215 | −S$3,750 | S$2,902 | S$2,298 |
| Net income | −S$17.2M | −S$2.4M | −S$1.8M | −S$1.9M |
| EBITDA | −S$17.1M | −S$2.2M | −S$1.6M | −S$1.8M |
| Gross margin | −19.9% | 29.7% | 14.0% | 86.9% |
| Operating margin | −17,579.1% | −974.7% | −1,331.3% | −277.1% |
| Net margin | −20,715.6% | −995.0% | −1,379.5% | −266.5% |
| Dec '24 | Jun '24 | Dec '23 | Jun '23 | |
|---|---|---|---|---|
| Revenue | S$58,203 | S$181,589 | S$95,075 | S$31,949 |
| Cost of revenue | S$726,967 | S$341,494 | — | S$643,355 |
| Gross profit | −S$668,764 | −S$159,905 | — | −S$611,405 |
| Total operating expenses | S$848,996 | S$681,389 | S$776,194 | S$244,548 |
| Operating income | −S$1.5M | −S$841,292 | −S$710,604 | −S$855,959 |
| Interest expense | S$110,998 | S$52,000 | S$56,368 | S$63,017 |
| Income before taxes | −S$1.6M | −S$780,453 | −S$895,151 | −S$891,692 |
| Income taxes | −S$12,403 | S$8,346 | S$2,844 | — |
| Net income | −S$1.6M | −S$783,157 | −S$886,049 | −S$880,456 |
| EBITDA | −S$1.5M | −S$715,138 | −S$810,501 | −S$809,143 |
| Gross margin | −1,149.0% | −88.1% | — | −1,913.7% |
| Operating margin | −2,607.7% | −463.3% | −747.4% | −2,679.1% |
| Net margin | −2,795.0% | −431.3% | −931.9% | −2,755.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in Singapore dollars as reported in TGHL's financial statements (latest annual report filed May 15, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TGHL financial results
In fiscal year 2025 (ended December 31, 2025), GrowHub reported revenue of S$0.1 million, down 65.0% from the year before. It had a net loss of S$17.2 million, a net profit margin of −20,715.6%. Figures are in Singapore dollars, the currency of its financial statements.
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TGHL income statement FAQ
What is GrowHub's annual revenue?
GrowHub reported total revenue of S$0.1 million for fiscal year 2025, which ended on December 31, 2025. That was down 65.0% from S$0.2 million the previous year.
Is GrowHub profitable?
No. GrowHub reported a net loss of S$17.2 million in fiscal 2025, a net profit margin of −20,715.6%; its operating margin was −17,579.1%.
What is GrowHub's gross margin?
GrowHub's gross margin was −19.9% in fiscal 2025: for every $100 of revenue, GrowHub kept $-20 after the direct cost of its products and services.
When does GrowHub's fiscal year end?
GrowHub's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on May 15, 2026.