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SKK

SKK Holdings Limited

SKK

SKK Holdings Limited NASDAQ
$0.33 0.52% (+0.00)

Market Cap $6.20 M
52w High $2.57
52w Low $0.30
Dividend Yield 0%
P/E 5.51
Volume 7.17K
Outstanding Shares 18.75M

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 $3.007M $25.781M $18.437M $7.344M
Q2-2024 $224K $14.036M $12.584M $1.452M
Q4-2023 $350K $15.306M $13.253M $2.053M
Q2-2023 $296K $12.557M $10.262M $2.295M
Q4-2022 $1.427M $12.352M $10.54M $1.812M

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 SKK looks like a very small, niche business with fairly steady but tiny revenue over the past few years. Gross profit has only recently turned positive, and operating profit and net profit have essentially hovered around break-even. Earnings per share have moved around even though profits are basically flat, which suggests changes in share count or one‑off items rather than strong underlying growth. Overall, the income statement points to a business that is still fragile, with limited margin for error and no clear, consistent profit trend yet.


Balance Sheet

Balance Sheet The balance sheet is light and simple, reflecting a very small-scale company. Total assets have grown a bit, but there is very little cash reported and only a modest amount of debt. Equity is present but thin, which means there is not a large financial cushion if projects are delayed or go wrong. In short, SKK does not appear overburdened by debt, but it also does not have deep reserves; financial flexibility looks limited.


Cash Flow

Cash Flow Cash flows from operations have been roughly neutral, indicating the business is not yet generating strong, reliable surplus cash from its day‑to‑day activities. Free cash flow is close to zero, and recent spending on equipment has pushed cash outflows higher. This suggests SKK may still rely on external funding or new contracts to support investment and growth rather than self-funding from a strong internal cash engine.


Competitive Edge

Competitive Edge SKK occupies a narrow but important niche: underground and trenchless utility works in Singapore. Its expertise in horizontal directional drilling and related subsurface services gives it specialized capabilities that not every contractor has. Longstanding work with public utilities and telecom companies adds credibility and can help with repeat business. At the same time, competition in Singapore’s engineering market is tough, and SKK’s small size means it is more exposed to swings in project awards and a limited number of key clients.


Innovation and R&D

Innovation and R&D Innovation at SKK is more about applied engineering and business model change than classic laboratory R&D. On the technical side, its focus on trenchless methods and specialized equipment is a core differentiator. On the strategic side, the company’s move into tokenization and digital asset treasury management is unusual for a construction-related firm and could open new financing and risk‑management tools if executed well. However, this digital shift is still at an early stage and carries execution and regulatory uncertainty.


Summary

Overall, SKK is a tiny, specialized engineering player with a focus on underground utilities and trenchless technology in Singapore. The business appears to operate around break-even, with modest assets, thin equity, and limited cash, which underscores both its nimble profile and its financial vulnerability. Its competitive strength lies in specialization, equipment, and relationships with public-sector and infrastructure clients. The experimental push into digital assets adds an interesting, higher‑risk, higher‑uncertainty layer to the story. Future outcomes will likely hinge on winning and delivering more complex infrastructure projects, improving underlying profitability and cash generation, and carefully managing the risks of its digital and financial innovations.