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CIGL

Concorde International Group Ltd Class A Ordinary Shares

CIGL

Concorde International Group Ltd Class A Ordinary Shares NASDAQ
$1.81 2.09% (+0.04)

Market Cap $2.94 M
52w High $31.05
52w Low $1.40
Dividend Yield 0%
P/E -12.07
Volume 8.23K
Outstanding Shares 1.62M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $1M $10.273M $8.013M $2.109M
Q2-2024 $2.27M $10.562M $8.01M $2.405M
Q4-2023 $956.975K $8.551M $5.848M $2.565M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow

Five-Year Company Overview

Income Statement

Income Statement The company is still at a very small scale, with only modest revenue and no meaningful gross profit showing up yet. Recent results point to a clear operating loss, which likely reflects the costs of building out technology, staff, and IPO-related preparation without enough revenue to cover them. Earnings have been volatile from year to year, which is typical for a business in transition and at this size. Overall, the income statement looks like that of an early-stage, investment mode company rather than a mature, profit-generating one.


Balance Sheet

Balance Sheet The balance sheet is extremely light, with only a small base of assets and essentially no reported cash at the period end. Debt has started to appear while equity remains very thin, suggesting the business has been funded in a lean way and may be financially fragile without fresh capital. This structure underscores that the company is still very small and likely relies on external financing, including IPO proceeds, to support its plans. There is little balance sheet cushion if growth or profitability take longer than expected.


Cash Flow

Cash Flow Reported cash flow figures are effectively flat, which likely reflects either rounding in the disclosures or a very modest historical cash footprint. In practical terms, the business appears to be in a phase where operating cash inflows are not yet meaningful, and any investment in technology and expansion will probably need to be financed from new capital rather than from internal cash generation. The key unanswered question is the underlying cash burn rate as the company scales its tech platform and international presence.


Competitive Edge

Competitive Edge Concorde is trying to differentiate itself in a crowded security market by combining traditional guarding with its patented, technology-led “i-Guarding” platform. Its strength lies in proprietary mobile monitoring solutions, a long operating history in Singapore, and a base of recurring, contract-based revenue, including work with government-related entities. This gives it some credibility and a service bundle that is harder to copy quickly. On the other hand, the company is still small relative to global security players, heavily rooted in one core market, and now attempting to expand abroad. Its competitive position will depend on whether it can convert its patents and integrated model into broad adoption outside Singapore while defending margins against larger, well-funded rivals.


Innovation and R&D

Innovation and R&D Innovation is clearly at the heart of the story. The firm has built a patented mobile command and monitoring system, uses a “man-lite” cluster model for guarding, and is integrating cameras, sensors, and robotics into a single platform. The acquisition of a cloud-based facilities management system pushes it beyond pure security into smart building management, aiming to create a more complete solution for property owners. IPO funds are earmarked for further R&D, including potential advances in AI, IoT, and automation. The opportunity is to stay ahead of traditional guard services and move up the value chain; the risk is that these efforts are costly, take time to commercialize, and may face rapid imitation or technological leapfrogging by larger tech and security firms.


Summary

Concorde International Group looks like a small, early-stage, technology-focused security provider in the middle of a strategic shift. Financially, it is tiny, loss-making, and thinly capitalized, so the current numbers reflect more of a build-out phase than a stable earnings profile. Strategically, the company’s story is more attractive than its present financials: a patented, integrated security and facilities platform with recurring contracts and ambitions to expand beyond Singapore. The main things to watch are whether it can translate its innovation into scale, win and retain multi-year contracts in new regions, manage its cash needs as it grows, and successfully integrate its new software and electric command centers into a coherent, profitable offering over time.