SPHL
SPHL
Springview Holdings Ltd Class A Ordinary SharesIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $4.06M ▲ | $2.19M ▲ | $-1.84M ▼ | -45.28% ▼ | $-0.15 ▲ | $-1.65M ▼ |
| Q2-2025 | $3.6M ▼ | $1.28M ▲ | $-489.42K ▲ | -13.61% ▲ | $-0.18 ▲ | $-336.67K ▲ |
| Q4-2024 | $3.96M ▼ | $1.1M ▲ | $-1.32M ▼ | -33.21% ▼ | $-0.49 ▼ | $-1.38M ▼ |
| Q2-2024 | $4.99M ▼ | $930.73K ▼ | $248.93K ▼ | 4.99% ▼ | $0.09 ▼ | $484.55K ▼ |
| Q4-2023 | $9.78M | $1.05M | $2.08M | 21.29% | $0.77 | $2.67M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $3.81M ▲ | $10.56M ▲ | $3.66M ▲ | $6.91M ▲ |
| Q2-2025 | $2.93M ▼ | $9.18M ▼ | $3.6M ▼ | $5.58M ▼ |
| Q4-2024 | $3.37M ▲ | $11.53M ▲ | $5.15M ▲ | $6.38M ▲ |
| Q2-2024 | $153.91K ▼ | $6.58M ▼ | $4.47M ▼ | $2.12M ▲ |
| Q4-2023 | $698.11K | $6.76M | $4.89M | $1.87M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-1.84M ▼ | $-560.73K ▲ | $33.11K ▼ | $1.34M ▲ | $845.64K ▲ | $-560.72K ▲ |
| Q2-2025 | $-489.42K ▲ | $-1.46M ▼ | $1.25M ▲ | $67.23K ▼ | $-216.23K ▼ | $-1.46M ▼ |
| Q4-2024 | $-1.32M ▼ | $-358.44K ▼ | $-2.7M ▼ | $6.11M ▲ | $3.22M ▲ | $-358.43K ▼ |
| Q2-2024 | $248.93K ▼ | $-187.24K ▲ | $0 ▼ | $-360.27K ▼ | $-563.35K ▼ | $-187.23K ▲ |
| Q4-2023 | $2.08M | $-1.24M | $975.48K | $835.2K | $700.32K | $-1.24M |
5-Year Trend Analysis
A comprehensive look at Springview Holdings Ltd Class A Ordinary Shares's financial evolution and strategic trajectory over the past five years.
The company combines a long operating history in its home market with a clean, liquid, and conservatively leveraged balance sheet. It has an established revenue base, strong short‑term liquidity, and net cash rather than heavy debt. On the strategic side, Springview has secured meaningful certifications, a top‑tier builder license, and several differentiated offerings in proprietary drainage technology, solar integration, and premium building materials that could support future growth and margin enhancement.
The main risks are financial and execution‑related. The business is currently unprofitable, with losses at every level and substantial negative operating and free cash flow, meaning continued dependence on external funding if performance does not improve. Overheads are high relative to revenue, and gross margins are thin. Operationally, the company faces intense competition, customer concentration, construction‑cycle exposure, and the challenge of turning new technologies and partnerships into profitable, recurring business. Governance and control weaknesses are an additional concern that can affect reliability of reporting and market confidence.
The outlook is finely balanced. On one hand, Springview has the cash, low leverage, and strategic partnerships to attempt a transition toward a more differentiated, higher‑value construction and materials platform. On the other hand, the current economics are weak, and there is limited historical data to show that revenue can grow and margins can improve to sustainable levels. The future trajectory will largely depend on management’s ability to control costs, deepen adoption of its innovative offerings, broaden its customer base, and maintain balance‑sheet strength while it works toward profitability.
About Springview Holdings Ltd Class A Ordinary Shares
https://www.springviewggl.comSpringview Holdings Ltd, primarily operating through its subsidiary, focuses on the design and construction of both residential and commercial structures across Singapore. Its extensive services range from undertaking entirely new developments and significant reconstruction initiatives to executing additions and modifications to existing buildings.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $4.06M ▲ | $2.19M ▲ | $-1.84M ▼ | -45.28% ▼ | $-0.15 ▲ | $-1.65M ▼ |
| Q2-2025 | $3.6M ▼ | $1.28M ▲ | $-489.42K ▲ | -13.61% ▲ | $-0.18 ▲ | $-336.67K ▲ |
| Q4-2024 | $3.96M ▼ | $1.1M ▲ | $-1.32M ▼ | -33.21% ▼ | $-0.49 ▼ | $-1.38M ▼ |
| Q2-2024 | $4.99M ▼ | $930.73K ▼ | $248.93K ▼ | 4.99% ▼ | $0.09 ▼ | $484.55K ▼ |
| Q4-2023 | $9.78M | $1.05M | $2.08M | 21.29% | $0.77 | $2.67M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $3.81M ▲ | $10.56M ▲ | $3.66M ▲ | $6.91M ▲ |
| Q2-2025 | $2.93M ▼ | $9.18M ▼ | $3.6M ▼ | $5.58M ▼ |
| Q4-2024 | $3.37M ▲ | $11.53M ▲ | $5.15M ▲ | $6.38M ▲ |
| Q2-2024 | $153.91K ▼ | $6.58M ▼ | $4.47M ▼ | $2.12M ▲ |
| Q4-2023 | $698.11K | $6.76M | $4.89M | $1.87M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-1.84M ▼ | $-560.73K ▲ | $33.11K ▼ | $1.34M ▲ | $845.64K ▲ | $-560.72K ▲ |
| Q2-2025 | $-489.42K ▲ | $-1.46M ▼ | $1.25M ▲ | $67.23K ▼ | $-216.23K ▼ | $-1.46M ▼ |
| Q4-2024 | $-1.32M ▼ | $-358.44K ▼ | $-2.7M ▼ | $6.11M ▲ | $3.22M ▲ | $-358.43K ▼ |
| Q2-2024 | $248.93K ▼ | $-187.24K ▲ | $0 ▼ | $-360.27K ▼ | $-563.35K ▼ | $-187.23K ▲ |
| Q4-2023 | $2.08M | $-1.24M | $975.48K | $835.2K | $700.32K | $-1.24M |
5-Year Trend Analysis
A comprehensive look at Springview Holdings Ltd Class A Ordinary Shares's financial evolution and strategic trajectory over the past five years.
The company combines a long operating history in its home market with a clean, liquid, and conservatively leveraged balance sheet. It has an established revenue base, strong short‑term liquidity, and net cash rather than heavy debt. On the strategic side, Springview has secured meaningful certifications, a top‑tier builder license, and several differentiated offerings in proprietary drainage technology, solar integration, and premium building materials that could support future growth and margin enhancement.
The main risks are financial and execution‑related. The business is currently unprofitable, with losses at every level and substantial negative operating and free cash flow, meaning continued dependence on external funding if performance does not improve. Overheads are high relative to revenue, and gross margins are thin. Operationally, the company faces intense competition, customer concentration, construction‑cycle exposure, and the challenge of turning new technologies and partnerships into profitable, recurring business. Governance and control weaknesses are an additional concern that can affect reliability of reporting and market confidence.
The outlook is finely balanced. On one hand, Springview has the cash, low leverage, and strategic partnerships to attempt a transition toward a more differentiated, higher‑value construction and materials platform. On the other hand, the current economics are weak, and there is limited historical data to show that revenue can grow and margins can improve to sustainable levels. The future trajectory will largely depend on management’s ability to control costs, deepen adoption of its innovative offerings, broaden its customer base, and maintain balance‑sheet strength while it works toward profitability.

CEO
Zhuo Wang
Compensation Summary
(Year )
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2025-12-02 | Reverse | 1:8 |
Ratings Snapshot
Rating : C

