Symbols / RYDE $1.18 +19.19% Ryde Group Ltd.

Technology • Software - Application • Singapore • ASE
RYDE Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Software - Application
CEO Mr. Junming Zou
Exch · Country ASE · Singapore
Market Cap 196.05M
Enterprise Value 37.95M
Income -17.70M
Sales 12.59M
FCF (ttm) 3.91M
Book/sh 0.40
Cash/sh 0.57
Employees —
Insider 10d —
IPO Mar 06, 2024
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E -21.64
PEG —
P/S 15.57
P/B 2.94
P/C —
EV/EBITDA -2.27
EV/Sales 3.02
Quick Ratio 5.63
Current Ratio 5.63
Debt/Eq 0.18
LT Debt/Eq —
EPS (ttm) -0.78
EPS next Y -0.05
EPS Growth —
Revenue Growth 46.30%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) —
Earnings (prior) —
ROA -45.77%
ROE -97.34%
ROIC —
Gross Margin 26.21%
Oper. Margin -182.30%
Profit Margin -140.56%
Shs Outstand 149.97M
Shs Float 51.23M
Insider Own 7.70%
Instit Own 0.09%
Short Float 1.80%
Short Ratio 1.15
Short Interest 1.84M
52W High 1.55
vs 52W High -23.87%
52W Low 0.16
vs 52W Low 637.50%
Beta —
Impl. Vol. —
Rel Volume 0.39
Avg Volume 2.65M
Volume 1.03M
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $0.99
Price $1.18
Change 19.19%
About

Ryde Group Ltd engages in the provision of mobility and quick commerce solutions in Singapore. The company offers on-demand and scheduled carpooling and ride-hailing services; matching riders to its driver partners; and on-demand, scheduled, and multi-stop parcel delivery services. It also operates RydePay, a digital payments solution that allows users to pay and top up by card and to pay by RydeCoins; and Ryde+, a value subscription plan service. The company was founded in 2014 and is headquartered in Singapore.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.18
Latest analyst target
3. DCF / Fair value
$0.47
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.18
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-05-08 main Maxim Group Buy → Buy $9
2024-04-16 init Maxim Group — → Buy $8
News
RSS: Latest RYDE news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
12.51
+39.73%
8.95
+3.27%
8.67
-1.79%
8.82
Operating Revenue
12.40
+39.94%
8.86
+2.43%
8.65
-1.95%
8.82
Cost Of Revenue
9.29
+35.21%
6.87
-22.50%
8.87
-7.46%
9.58
Reconciled Cost Of Revenue
9.29
+35.21%
6.87
-22.50%
8.87
-7.46%
9.58
Gross Profit
3.22
+54.66%
2.08
+1150.51%
-0.20
+73.77%
-0.76
Operating Expense
20.69
+0.07%
20.68
+78.86%
11.56
+188.52%
4.01
Selling General And Administration
16.14
+7.92%
14.96
+50.82%
9.92
+267.37%
2.70
Selling And Marketing Expense
3.21
+13.11%
2.84
+16.22%
2.44
+25.31%
1.95
General And Administrative Expense
12.94
+6.71%
12.12
+62.12%
7.48
+894.41%
0.75
Salaries And Wages
11.22
+8.42%
10.35
+48.69%
6.96
0.00
Other Gand A
1.71
-3.45%
1.77
+256.85%
0.50
+13.50%
0.44
Other Operating Expenses
3.94
-23.73%
5.16
+316.05%
1.24
+23.26%
1.01
Total Expenses
29.98
+8.84%
27.55
+34.87%
20.43
+50.33%
13.59
Operating Income
-17.48
+6.03%
-18.60
-58.16%
-11.76
-146.93%
-4.76
EBITDA
-16.86
+6.52%
-18.04
-50.06%
-12.02
-169.47%
-4.46
Normalized EBITDA
-16.86
+6.52%
-18.04
-58.84%
-11.36
-154.58%
-4.46
Reconciled Depreciation
0.61
+9.66%
0.56
+39.05%
0.40
+33.55%
0.30
EBIT
-17.48
+6.03%
-18.60
-49.71%
-12.42
-160.88%
-4.76
Total Unusual Items
0.00
0.00
+100.00%
-0.66
0.00
Total Unusual Items Excluding Goodwill
0.00
0.00
+100.00%
-0.66
0.00
Special Income Charges
0.00
0.00
+100.00%
-0.66
0.00
Impairment Of Capital Assets
0.00
0.00
-100.00%
0.66
0.00
Net Income
-17.70
+5.12%
-18.65
-45.40%
-12.83
-160.55%
-4.92
Pretax Income
-17.48
+6.39%
-18.68
-45.12%
-12.87
-159.46%
-4.96
Net Non Operating Interest Income Expense
-0.01
+93.51%
-0.08
+82.74%
-0.45
-125.25%
-0.20
Interest Expense Non Operating
0.01
-93.51%
0.08
-82.74%
0.45
+125.25%
0.20
Net Interest Income
-0.01
+93.51%
-0.08
+82.74%
-0.45
-125.25%
-0.20
Interest Expense
0.01
-93.51%
0.08
-82.74%
0.45
+125.25%
0.20
Other Income Expense
—
—
-0.66
-1285.71%
0.06
Other Non Operating Income Expenses
—
—
—
0.06
Tax Provision
-0.03
0.00
0.00
0.00
Tax Rate For Calcs
0.00
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-17.45
+6.56%
-18.68
-45.12%
-12.87
-159.46%
-4.96
Net Income From Continuing Operation Net Minority Interest
-17.70
+5.12%
-18.65
-45.40%
-12.83
-160.55%
-4.92
Net Income From Continuing And Discontinued Operation
-17.70
+5.12%
-18.65
-45.40%
-12.83
-160.55%
-4.92
Net Income Continuous Operations
-17.45
+6.56%
-18.68
-45.12%
-12.87
-159.46%
-4.96
Minority Interests
-0.25
-1084.00%
0.03
-40.48%
0.04
+13.51%
0.04
Normalized Income
-17.70
+5.12%
-18.65
-53.33%
-12.16
-147.06%
-4.92
Net Income Common Stockholders
-17.70
+5.12%
-18.65
-45.40%
-12.83
-160.55%
-4.92
Diluted EPS
—
—
-0.67
-160.55%
-0.26
Basic EPS
—
—
-0.67
-160.55%
-0.26
Basic Average Shares
—
—
19.11
+0.00%
19.11
Diluted Average Shares
—
—
19.11
+0.00%
19.11
Diluted NI Availto Com Stockholders
-17.70
+5.12%
-18.65
-45.40%
-12.83
-160.55%
-4.92
Depreciation Amortization Depletion Income Statement
0.61
+9.66%
0.56
+39.05%
0.40
+33.55%
0.30
Depreciation And Amortization In Income Statement
0.61
+9.66%
0.56
+39.05%
0.40
+33.55%
0.30
Rent And Landing Fees
0.01
+50.00%
0.01
-73.91%
0.02
-92.70%
0.32
Rent Expense Supplemental
0.01
+50.00%
0.01
-73.91%
0.02
-92.70%
0.32
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
38.32
+321.85%
9.08
+74.79%
5.20
+20.22%
4.32
Current Assets
35.69
+335.85%
8.19
+83.46%
4.46
+18.48%
3.77
Cash Cash Equivalents And Short Term Investments
5.00
-9.37%
5.52
+225.80%
1.69
-43.66%
3.01
Cash And Cash Equivalents
5.00
-9.37%
5.52
+225.80%
1.69
-43.66%
3.01
Cash Financial
5.00
—
—
—
Receivables
11.17
+7153.90%
0.15
-24.14%
0.20
-13.25%
0.23
Accounts Receivable
0.03
+200.00%
0.01
-63.33%
0.03
-57.14%
0.07
Other Receivables
11.14
+7688.81%
0.14
-17.34%
0.17
+5.49%
0.16
Prepaid Assets
19.33
+713.85%
2.38
+621.88%
0.33
-9.86%
0.36
Current Deferred Assets
—
0.00
-100.00%
2.08
0.00
Other Current Assets
0.18
+32.14%
0.14
-11.39%
0.16
-1.86%
0.16
Total Non Current Assets
2.63
+193.97%
0.90
+22.07%
0.73
+32.01%
0.56
Net PPE
0.07
-54.84%
0.15
+154.10%
0.06
+154.17%
0.02
Gross PPE
0.26
+1.58%
0.25
+42.13%
0.18
+117.07%
0.08
Accumulated Depreciation
-0.19
-90.82%
-0.10
+16.24%
-0.12
-101.72%
-0.06
Machinery Furniture Equipment
0.08
+5.13%
0.08
-4.88%
0.08
+0.00%
0.08
Other Properties
0.17
+0.00%
0.17
+82.29%
0.10
—
Goodwill And Other Intangible Assets
0.81
+9.99%
0.74
+10.10%
0.67
+26.50%
0.53
Goodwill
—
0.00
0.00
0.00
Other Intangible Assets
0.81
+9.99%
0.74
+10.10%
0.67
+26.50%
0.53
Investments And Advances
1.75
0.00
—
—
Long Term Equity Investment
1.75
0.00
—
—
Total Liabilities Net Minority Interest
6.34
+21.53%
5.22
-58.67%
12.62
+35.37%
9.32
Current Liabilities
6.34
+23.69%
5.12
-59.28%
12.59
+197.71%
4.23
Payables And Accrued Expenses
6.28
+24.38%
5.05
-31.63%
7.38
+74.67%
4.23
Payables
4.95
+21.50%
4.08
-25.41%
5.46
+60.63%
3.40
Accounts Payable
4.95
+21.50%
4.08
-25.41%
5.46
+60.63%
3.40
Current Accrued Expenses
1.33
+36.45%
0.97
-49.32%
1.92
+132.41%
0.83
Current Debt And Capital Lease Obligation
0.06
-22.37%
0.08
-98.54%
5.20
+121.46%
2.35
Current Debt
—
—
5.15
+119.37%
2.35
Other Current Borrowings
—
—
2.30
-1.96%
2.35
Current Capital Lease Obligation
0.06
-22.37%
0.08
+55.10%
0.05
0.00
Total Non Current Liabilities Net Minority Interest
0.00
-100.00%
0.09
+184.38%
0.03
-99.37%
5.09
Long Term Debt And Capital Lease Obligation
0.00
-100.00%
0.06
0.00
-100.00%
5.09
Long Term Debt
—
—
—
5.09
Long Term Capital Lease Obligation
0.00
-100.00%
0.06
0.00
—
Non Current Deferred Liabilities
0.00
-100.00%
0.03
+0.00%
0.03
0.00
Non Current Deferred Taxes Liabilities
0.00
-100.00%
0.03
+0.00%
0.03
0.00
Stockholders Equity
31.84
+701.59%
3.97
+154.09%
-7.34
-47.98%
-4.96
Common Stock Equity
31.84
+701.59%
3.97
+154.09%
-7.34
-47.98%
-4.96
Capital Stock
0.03
+357.14%
0.01
+75.00%
0.00
+33.33%
0.00
Common Stock
0.03
+357.14%
0.01
+75.00%
0.00
+33.33%
0.00
Share Issued
121.64
+362.70%
26.29
+37.55%
19.11
+0.00%
19.11
Ordinary Shares Number
121.64
+362.70%
26.29
+37.55%
19.11
+0.00%
19.11
Additional Paid In Capital
94.27
+94.79%
48.40
+159.32%
18.66
+130.38%
8.10
Retained Earnings
-62.24
-39.73%
-44.54
-72.03%
-25.89
-98.17%
-13.07
Gains Losses Not Affecting Retained Earnings
-0.23
-305.41%
0.11
+194.87%
-0.12
0.00
Minority Interest
0.14
+237.50%
-0.10
-31.65%
-0.08
-113.51%
-0.04
Total Equity Gross Minority Interest
31.98
+726.84%
3.87
+152.12%
-7.42
-48.47%
-5.00
Total Capitalization
31.84
+701.59%
3.97
+154.09%
-7.34
-5662.88%
0.13
Working Capital
29.35
+858.15%
3.06
+137.70%
-8.12
-1662.26%
-0.46
Invested Capital
31.84
+701.59%
3.97
+281.37%
-2.19
-1759.09%
0.13
Total Debt
0.06
-56.30%
0.14
-97.40%
5.20
+2.12%
5.09
Net Debt
—
—
3.46
+65.74%
2.09
Capital Lease Obligations
0.06
-56.30%
0.14
+175.51%
0.05
0.00
Net Tangible Assets
31.02
+860.20%
3.23
+140.31%
-8.02
-45.90%
-5.49
Tangible Book Value
31.02
+860.20%
3.23
+140.31%
-8.02
-45.90%
-5.49
Current Notes Payable
—
0.00
-100.00%
2.85
0.00
Foreign Currency Translation Adjustments
-0.23
-305.41%
0.11
+194.87%
-0.12
0.00
Investmentsin Joint Venturesat Cost
1.75
0.00
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-23.53
-100.57%
-11.73
-627.85%
-1.61
+58.03%
-3.84
Cash Flow From Continuing Operating Activities
-23.53
-100.57%
-11.73
-627.85%
-1.61
+58.03%
-3.84
Net Income From Continuing Operations
-17.45
+6.56%
-18.68
-45.12%
-12.87
-159.46%
-4.96
Depreciation Amortization Depletion
0.61
+9.66%
0.56
+39.05%
0.40
+33.55%
0.30
Depreciation
0.09
+18.67%
0.07
+20.97%
0.06
+342.86%
0.01
Amortization Cash Flow
0.52
+8.26%
0.48
+42.35%
0.34
+18.47%
0.29
Depreciation And Amortization
0.61
+9.66%
0.56
+39.05%
0.40
+33.55%
0.30
Amortization Of Intangibles
0.52
+8.26%
0.48
+42.35%
0.34
+18.47%
0.29
Other Non Cash Items
-0.07
-837.50%
-0.01
-101.79%
0.45
—
Stock Based Compensation
11.10
+7.27%
10.35
+48.69%
6.96
0.00
Asset Impairment Charge
0.00
0.00
-100.00%
0.66
0.00
Deferred Tax
-0.03
0.00
0.00
—
Deferred Income Tax
-0.03
0.00
0.00
—
Operating Gains Losses
-0.25
-167.77%
0.36
+7160.00%
0.01
—
Net Foreign Currency Exchange Gain Loss
-0.25
-167.77%
0.36
+7160.00%
0.01
0.00
Gain Loss On Sale Of PPE
0.00
0.00
0.00
0.00
Change In Working Capital
-17.44
-303.87%
-4.32
-255.30%
2.78
+239.98%
0.82
Change In Receivables
-0.02
-210.53%
0.02
-63.46%
0.05
+188.14%
-0.06
Changes In Account Receivables
-0.02
-210.53%
0.02
-63.46%
0.05
+188.14%
-0.06
Change In Prepaid Assets
-18.65
-833.02%
-2.00
-1968.22%
0.11
+768.75%
-0.02
Change In Payables And Accrued Expense
1.23
+152.54%
-2.34
-189.21%
2.62
+193.62%
0.89
Change In Accrued Expense
0.35
+136.94%
-0.96
-232.19%
0.73
+105.37%
0.35
Change In Payable
0.87
+163.43%
-1.38
-172.72%
1.90
+251.58%
0.54
Change In Account Payable
0.87
+163.43%
-1.38
-172.72%
1.90
+251.58%
0.54
Change In Other Current Liabilities
—
-0.09
0.00
0.00
Investing Cash Flow
-9.95
-1614.66%
-0.58
-37.44%
-0.42
+12.45%
-0.48
Cash Flow From Continuing Investing Activities
-9.95
-1614.66%
-0.58
-37.44%
-0.42
+12.45%
-0.48
Net PPE Purchase And Sale
-0.00
+85.71%
-0.03
-833.33%
-0.00
+80.00%
-0.01
Purchase Of PPE
-0.00
+85.71%
-0.03
-833.33%
-0.00
+80.00%
-0.01
Sale Of PPE
—
0.00
0.00
0.00
Capital Expenditure
-0.60
-3.79%
-0.58
-19.59%
-0.48
-0.62%
-0.48
Net Business Purchase And Sale
0.00
0.00
-100.00%
0.06
0.00
Net Intangibles Purchase And Sale
-0.60
-8.33%
-0.55
-14.52%
-0.48
-3.21%
-0.47
Purchase Of Intangibles
-0.60
-8.33%
-0.55
-14.52%
-0.48
-3.21%
-0.47
Net Other Investing Changes
-9.34
—
—
—
Financing Cash Flow
32.96
+104.24%
16.14
+2138.28%
0.72
-84.66%
4.70
Cash Flow From Continuing Financing Activities
32.96
+104.24%
16.14
+2138.28%
0.72
-84.66%
4.70
Net Issuance Payments Of Debt
0.00
+100.00%
-4.76
-270.00%
2.80
-40.43%
4.70
Issuance Of Debt
0.00
-100.00%
0.95
-66.67%
2.85
-45.19%
5.20
Repayment Of Debt
0.00
+100.00%
-5.71
-11320.00%
-0.05
+90.00%
-0.50
Long Term Debt Issuance
—
0.00
-100.00%
2.85
-45.19%
5.20
Long Term Debt Payments
0.00
+100.00%
-3.80
-7500.00%
-0.05
+90.00%
-0.50
Net Long Term Debt Issuance
0.00
+100.00%
-3.80
-7500.00%
-0.05
-101.06%
4.70
Short Term Debt Issuance
0.00
-100.00%
0.95
-66.67%
2.85
0.00
Short Term Debt Payments
0.00
+100.00%
-1.91
0.00
0.00
Net Short Term Debt Issuance
0.00
+100.00%
-0.96
-133.68%
2.85
0.00
Net Common Stock Issuance
32.96
+57.26%
20.96
0.00
0.00
Cash Dividends Paid
0.00
0.00
0.00
0.00
Net Other Financing Charges
—
—
-2.08
—
Changes In Cash
-0.52
-113.52%
3.83
+391.32%
-1.31
-448.28%
0.38
Beginning Cash Position
5.52
+225.80%
1.69
-43.66%
3.01
+14.33%
2.63
End Cash Position
5.00
-9.37%
5.52
+225.80%
1.69
-43.66%
3.01
Free Cash Flow
-24.14
-96.01%
-12.31
-487.17%
-2.10
+51.49%
-4.32
Interest Paid Supplemental Data
0.00
-100.00%
0.06
-82.54%
0.35
0.00
Income Tax Paid Supplemental Data
—
—
0.00
0.00
Common Stock Issuance
32.96
+57.26%
20.96
0.00
0.00
Interest Paid CFF
0.00
+100.00%
-0.06
0.00
0.00
Issuance Of Capital Stock
32.96
+57.26%
20.96
0.00
0.00
Sale Of Business
0.00
0.00
-100.00%
0.06
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
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