Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Vantage Corp (Singapore) files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
FY2025
FY2025
FY2026
Revenue
24
20
18.7
17.8
Cost of revenue
15.2
10.6
10
10.4
Gross profit
8.81
9.44
8.61
7.41
Selling and marketing
0.78
1.06
1.13
1.49
General and administrative
1.56
2.36
2.8
6.16
Operating expenses
2.51
3.6
4.2
8.24
Operating income
6.3
5.84
4.41
-0.83
Interest expense
0
0.01
0.01
0.36
Interest income
0
0
0
Other non-operating income
0.72
0.16
0.26
-0.33
Pre-tax income
7.02
6
4.67
-1.16
Income tax
1.16
1.05
0.83
0.16
Net income
5.86
4.95
3.84
-1.32
EBITDA
6.47
6.01
4.69
-0.24
EPS, basic
0.21
0.17
0.14
-0.04
EPS, diluted
0.21
0.17
0.14
-0.04
Shares, basic (weighted)
28
28
28
31
Shares, diluted (weighted)
28
28
28
31
Balance sheet
FY2023
FY2025
FY2025
FY2026
Cash and equivalents
16.6
5.95
8.86
Receivables
4.75
3.77
5.56
Other current assets
0.46
1.19
1.25
Total current assets
21.8
10.9
15.7
Property, plant and equipment
0.04
0.11
0.2
Lease right-of-use assets
0.25
0.14
0.97
Goodwill
2.9
Intangible assets
1.25
Total assets
22.1
11.2
22.8
Accounts payable
0.2
0.05
0.21
Total current liabilities
14.4
10
10.6
Lease liabilities
0.09
0
0.53
Total liabilities
14.5
11.5
12.9
Paid-in capital
0.49
11.3
Retained earnings
7.14
-0.87
-2.25
Treasury stock
-0.75
Other comprehensive income
-0
-0.03
-0.03
Shareholders' equity
9.85
7.63
-0.36
8.82
Minority interests
1.12
Total equity
9.85
7.63
-0.36
9.94
Total liabilities and equity
22.1
11.2
22.8
Cash flow statement
FY2023
FY2025
FY2025
FY2026
Net income
5.86
4.95
3.84
-1.32
Depreciation and amortization
0.17
0.18
0.27
0.6
Deferred income tax
-0
-0
-0
-0.01
Change in receivables
-1.91
-0.04
1.01
-1.18
Change in payables
0.02
0.17
-0.15
0.01
Cash from operations
12.9
-0.17
1.9
-4.45
Capital expenditures
-0.01
-0.04
-0.13
-0.21
Acquisitions
-0.78
Cash from investing
-0.01
-0.04
-0.13
-1
Stock issued
0.14
0.01
11.3
Share buybacks
-0.75
Dividends paid
-2.1
-11.4
-2.22
Cash from financing
-0.83
-2.21
-12.4
8.36
Exchange rate effect
-0
0
0
Net change in cash
12
-2.42
-10.7
2.91
Free cash flow
12.9
-0.21
1.77
-4.66
Income taxes paid
-0.17
-1.22
-1.02
-0.88
Key metrics
Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $0.73 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
41.5%
Gross profit / revenue.
Operating margin
-4.7%
Operating income / revenue.
EBITDA margin
-1.3%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-6.5%
Pre-tax income / revenue.
Net margin
-7.4%
Net income / revenue.
FCF margin
-26.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-24.9%
Cash from operations / revenue.
Return on equity (ROE)
-31.1%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-7.8%
Net income / average total assets.
Capex / revenue
1.2%
Capital expenditures / revenue.
D&A / revenue
3.4%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-4.4%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-9.4%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y
-14.0%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
-5.6%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y
-118.9%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
-105.0%
EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
-134.3%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-128.6%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-334.6%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
-363.5%
Free cash flow vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
-3.6%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
104.3%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
10.7%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
3.4%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.48x
Current assets / current liabilities.
Quick ratio
1.36x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.84x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$0.04
Net income per basic share, as reported (split-adjusted).
Revenue per share
$0.58
Revenue / diluted weighted shares.
FCF per share
-$0.15
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.14
Cash from operations / diluted weighted shares.
Book value per share
$0.28
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
1.25x
Market cap / revenue.
P/B
2.53x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
4.79x
Market cap / tangible book value, when positive.
EV/Sales
0.76x
Enterprise value / revenue.
FCF yield
-20.8%
Free cash flow / market cap.
Earnings yield
-5.9%
Net income / market cap (the inverse of P/E).
Dividend yield
9.9%
Dividends paid over the period / market cap.
Shareholder yield
13.3%
(Dividends paid + share buybacks) / market cap.
What was Vantage Corp (Singapore)'s revenue in fiscal 2026?
Vantage Corp (Singapore) reported revenue of $17.8M for fiscal 2026, 4.4% lower than the year before.
Was Vantage Corp (Singapore) profitable in fiscal 2026?
No. It reported a net loss of $1.3M.
How much free cash flow did Vantage Corp (Singapore) generate in fiscal 2026?
Cash from operations of $4.4M minus capital expenditures of $213.4K left free cash flow of -$4.7M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.