Financials · FBGL

FBS Global Limited (FBGL) financials

For fiscal 2025 (ended Dec 31, 2025), FBS Global Limited reported SGD 25.86M of revenue and -SGD 2.04M of net income. Figures are in SGD, the currency of its SEC filings.

Revenue, FY2025
SGD 25.86M
Revenue growth, YoY
+86.8%
Net income, FY2025
-SGD 2.04M
Net margin
-7.9%
Free cash flow, FY2025
-SGD 4.19M
EPS, diluted, FY2025
-SGD 0.15
Cash
SGD 5.32M
Total debt
SGD 131.3K
Annual revenueSGD 25.86M
FY2022FY2025
Annual net income-SGD 2.04M
FY2022FY2025
Annual free cash flow-SGD 4.19M
FY2022FY2025

FBGL revenue and earnings growth

FBGL revenueFY2025SGD 25.86M

FY YoY
+86.8%

FBGL revenue was SGD 25.86M for fiscal 2025 (ended Dec 31, 2025), up 86.8% from fiscal 2024. It rose in 2 of the last 3 fiscal years.

FBGL net incomeFY2025-SGD 2.04M

FBGL net income was -SGD 2.04M for fiscal 2025 (ended Dec 31, 2025), compared with -SGD 814.4K in fiscal 2024.

FBGL EPSFY2025-SGD 0.15

FBGL diluted EPS was -SGD 0.15 for fiscal 2025 (ended Dec 31, 2025), compared with -SGD 0.07 in fiscal 2024.

FBGL free cash flowFY2025-SGD 4.19M

FBGL free cash flow was -SGD 4.19M for fiscal 2025 (ended Dec 31, 2025), compared with -SGD 197.2K in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
RevenueSGD 25.86MSGD 13.85MSGD 21.81MSGD 16.82M
Cost of revenueSGD 23.23MSGD 12.60MSGD 19.17MSGD 14.64M
Gross profitSGD 2.63MSGD 1.25MSGD 2.64MSGD 2.18M
Research and developmentSGD 674.5K---
Selling, general and adminSGD 3.88MSGD 2.06MSGD 2.29MSGD 2.09M
Operating income-SGD 1.93M-SGD 967.3K-SGD 44.8KSGD 74.5K
Interest expenseSGD 14.5KSGD 65.9KSGD 77.1KSGD 83.3K
Pre-tax income-SGD 2.04M-SGD 850.0K-SGD 33.3KSGD 210.9K
Income tax--SGD 35.6K-SGD 38.0KSGD 142.3K
Net income-SGD 2.04M-SGD 814.4KSGD 4.7KSGD 68.6K
EPS, basic--SGD 0.07SGD 0.00SGD 0.01
EPS, diluted-SGD 0.15-SGD 0.07SGD 0.00SGD 0.01
Diluted shares13.4M11.3M11.3M11.3M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Cash and equivalentsSGD 5.32MSGD 2.98MSGD 4.48MSGD 1.99M
ReceivablesSGD 3.60MSGD 2.84MSGD 3.53MSGD 3.42M
Current assetsSGD 23.89MSGD 9.83MSGD 13.48MSGD 12.54M
Total assetsSGD 27.84MSGD 15.69MSGD 18.27MSGD 17.19M
Current liabilitiesSGD 14.89MSGD 11.28MSGD 12.27MSGD 10.38M
Short-term debtSGD 121.4KSGD 711.0KSGD 1.49M-
Long-term debtSGD 9.9KSGD 132.5KSGD 911.3K-
Total debtSGD 131.3KSGD 843.5KSGD 2.40M-
Total liabilitiesSGD 14.90MSGD 11.41MSGD 13.17MSGD 12.10M
Shareholders' equitySGD 12.94MSGD 4.28MSGD 5.09MSGD 5.09M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Operating cash flow-SGD 4.11M-SGD 122.1KSGD 3.63M-SGD 435.2K
Capital expendituresSGD 79.0KSGD 75.1KSGD 3.3KSGD 102.2K
Free cash flow-SGD 4.19M-SGD 197.2KSGD 3.63M-SGD 537.5K
Investing cash flow-SGD 4.16MSGD 137.7K-SGD 246.1K-SGD 102.2K
Financing cash flowSGD 10.61M-SGD 1.51M-SGD 895.3K-SGD 1.14M
Depreciation and amortizationSGD 165.6KSGD 170.3KSGD 161.7KSGD 146.7K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Revenue growth, YoY86.8%-36.5%29.6%-
Net income growth, YoY---93.2%-
EPS growth, YoY---100.0%-
Gross margin10.2%9.0%12.1%13.0%
Operating margin-7.5%-7.0%-0.2%0.4%
Net margin-7.9%-5.9%0.0%0.4%
Free cash flow margin-16.2%-1.4%16.6%-3.2%
Return on equity-15.7%-19.0%0.1%1.3%
Return on assets-7.3%-5.2%0.0%0.4%
Current ratio1.600.871.101.21
Debt to equity0.010.200.47-

Source: XBRL data FBS Global Limited files with the SEC, latest filing dated Apr 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

FBGL peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
FBGLSGD 25.86M+86.8%-SGD 2.04M-7.9%$3.1M
DHI$33.35B-3.5%$3.07B9.2%$43.52B
PHM$15.98B-9.3%$1.80B11.2%$25.01B
LEN$31.97B-8.0%$1.31B4.1%$21.79B
LEN.B$31.97B-8.0%$1.31B4.1%$21.34B
NVR$9.32B-10.8%$1.05B11.2%$16.77B
TOL$10.76B-1.1%$1.20B11.1%$14.41B
IBP$2.99B+0.7%$235.70M7.9%$5.94B
SKY$2.72B+3.5%$185.83M6.8%$5.18B

FBGL FAQ

9 questions
  • What is FBGL revenue?
    FBS Global Limited (FBGL) reported SGD 25.86M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 86.8% from the year before.
  • Is FBGL profitable?
    No. FBS Global Limited reported a net loss of SGD 2.04M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does FBGL have?
    FBS Global Limited reported SGD 5.32M in cash and cash equivalents and SGD 131.3K of debt on its most recent balance sheet in SEC filings.
  • How fast is FBGL revenue growing?
    FBS Global Limited's revenue changed +86.8% in fiscal 2025, to SGD 25.86M.
  • What is FBGL gross margin?
    FBS Global Limited's gross profit was SGD 2.63M on SGD 25.86M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 10.2%.
  • What is FBGL free cash flow?
    FBS Global Limited generated -SGD 4.19M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -SGD 4.11M less capital expenditures.
  • What is FBGL earnings per share?
    Diluted earnings per share were -SGD 0.15 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did FBGL last report financial results?
    The latest statements here come from FBS Global Limited's 20-F filed on Apr 30, 2026, covering the period ended Dec 31, 2025.
  • Where does this FBGL financial data come from?
    Quantisnow builds these statements from the structured XBRL data FBS Global Limited files with the SEC. It is provided for information only and is not investment advice.