View Future GrowthSingularity Future Technology 過去の業績過去 基準チェック /06Singularity Future Technologyは19.9%の年平均成長率で業績を伸ばしているが、Infrastructure業界はgrowingで12.8%毎年増加している。売上は減少しており、年平均21%の割合である。主要情報19.87%収益成長率49.63%EPS成長率Infrastructure 業界の成長22.85%収益成長率-20.95%株主資本利益率-337.02%ネット・マージン-987.36%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Feb 16Second quarter 2026 earnings released: US$0.12 loss per share (vs US$0.094 loss in 2Q 2025)Second quarter 2026 results: US$0.12 loss per share (further deteriorated from US$0.094 loss in 2Q 2025). Net loss: US$665.9k (loss widened 103% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings.Reported Earnings • May 17Third quarter 2025 earnings released: US$0.46 loss per share (vs US$0.32 loss in 3Q 2024)Third quarter 2025 results: US$0.46 loss per share (further deteriorated from US$0.32 loss in 3Q 2024). Revenue: US$363.1k (down 19% from 3Q 2024). Net loss: US$1.67m (loss widened 76% from 3Q 2024).Reported Earnings • May 17Third quarter 2024 earnings released: US$0.32 loss per share (vs US$5.61 loss in 3Q 2023)Third quarter 2024 results: US$0.32 loss per share (improved from US$5.61 loss in 3Q 2023). Revenue: US$446.6k (down 41% from 3Q 2023). Net loss: US$949.8k (loss narrowed 92% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 15Second quarter 2024 earnings released: US$0.063 loss per share (vs US$1.76 loss in 2Q 2023)Second quarter 2024 results: US$0.063 loss per share (improved from US$1.76 loss in 2Q 2023). Revenue: US$961.2k (down 36% from 2Q 2023). Net loss: US$1.11m (loss narrowed 70% from 2Q 2023).Reported Earnings • Nov 16First quarter 2024 earnings released: US$0.13 loss per share (vs US$0.14 loss in 1Q 2023)First quarter 2024 results: US$0.13 loss per share (improved from US$0.14 loss in 1Q 2023). Revenue: US$895.9k (down 27% from 1Q 2023). Net loss: US$2.29m (loss narrowed 26% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 29Full year 2023 earnings released: US$1.09 loss per share (vs US$1.58 loss in FY 2022)Full year 2023 results: US$1.09 loss per share (improved from US$1.58 loss in FY 2022). Revenue: US$4.54m (up 14% from FY 2022). Net loss: US$23.0m (loss narrowed 19% from FY 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesReported Earnings • Feb 16Second quarter 2026 earnings released: US$0.12 loss per share (vs US$0.094 loss in 2Q 2025)Second quarter 2026 results: US$0.12 loss per share (further deteriorated from US$0.094 loss in 2Q 2025). Net loss: US$665.9k (loss widened 103% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings.New Risk • Feb 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$13m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$13m free cash flow). Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Market cap is less than US$10m (US$2.63m market cap). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (US$1.3m revenue).Board Change • Dec 29High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Independent Director Zhongliang Xie is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Nov 25Nasdaq Grants Singularity Future Technology 180 Days to Regain Compliance with Listing RulesOn November 19, 2025, Singularity Future Technology Ltd. (the Company") received a staff determination notice (the Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq"), informing the Company that its common stock, no par value (the Common Stock"), fails to comply with the $1 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) for the 30 consecutive business days prior to the date of the Notice. Nasdaq's notice has no immediate effect on the listing of the Common Stock on The Nasdaq Capital Market. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial compliance period of 180 calendar days, or until May 18, 2026 (the Compliance Date"), to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Common Stock must meet or exceed $1.00 per share for a minimum of ten consecutive business days prior to the Compliance Date. If the Company is unable to regain compliance by the Compliance Date, the Company may be eligible for an additional 180 calendar day compliance period to demonstrate compliance with the bid price requirement. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice to Nasdaq of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company does not qualify for the second compliance period or fails to regain compliance during the second 180-day period, Nasdaq will notify the Company of its determination to delist the Common Stock, at which point the Company would have an opportunity to appeal the delisting determination to a Hearings Panel. The Company intends to monitor the closing bid price of the Common Stock and may, if appropriate, consider implementing available options to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.Board Change • Oct 20High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Zhongliang Xie is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Sep 30Singularity Future Technology Ltd. announced delayed annual 10-K filingOn 09/29/2025, Singularity Future Technology Ltd. announced that they will be unable to file their next 10-K by the deadline required by the SEC.お知らせ • Jun 12Singularity Future Technology Ltd., Annual General Meeting, Jul 01, 2025Singularity Future Technology Ltd., Annual General Meeting, Jul 01, 2025, at 23:00 China Standard Time. Location: room1406, 14/f, star hse, 3 salisbury rd, tsimsha tsui, kowloon, hong kong, Hong KongReported Earnings • May 17Third quarter 2025 earnings released: US$0.46 loss per share (vs US$0.32 loss in 3Q 2024)Third quarter 2025 results: US$0.46 loss per share (further deteriorated from US$0.32 loss in 3Q 2024). Revenue: US$363.1k (down 19% from 3Q 2024). Net loss: US$1.67m (loss widened 76% from 3Q 2024).Board Change • May 12High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Zhongliang Xie is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Mar 01Singularity Future Technology Ltd. Announces CFO ChangesOn February 20, 2025, Mr. Ying Cao resigned from his position as the chief financial officer of Singularity Future Technology Ltd. Mr. Ying Cao’s resignation was for personal reasons and was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On February 21, 2025, the board of directors of the Company (the “Board”) appointed Mr. Chee Jiong Ng as the CFO of the Company to fill the vacancy resulting from Mr. Ying Cao’s resignation. Mr. Ng worked as the CFO of Meta Data Limited from November 2021 to July 2024. From March 2021 to October 2021, Mr. Ng was a financial advisor for two Nasdaq listed companies, responsible for annual and semi-annual reporting obligations and financing activities. From December 2017 to February 2021, Mr. Ng was the CFO of Dunxin Financial Holdings Limited, now known as Eason Technology Limited. Mr. Ng received a bachelor’s degree in economics from the University of Sydney, Australia in 1993, and a master’s degree in commerce from the University of New South Wales, Australia in 1995. Mr. Ng is also a certified public accountant of Australian Society of Certified Public Accountants since 1999.お知らせ • Feb 13Singularity Future Technology Ltd. announced delayed 10-Q filingOn 02/12/2025, Singularity Future Technology Ltd. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Jan 28Singularity Future Technology Ltd. has completed a Follow-on Equity Offering in the amount of $1.141 million.Singularity Future Technology Ltd. has completed a Follow-on Equity Offering in the amount of $1.141 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 700,000 Price\Range: $1.63 Discount Per Security: $0.1141 Transaction Features: Registered Direct OfferingNew Risk • Jan 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 4.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (US$9.25m market cap). Minor Risk Revenue is less than US$5m (US$2.7m revenue).お知らせ • Jan 25Singularity Future Technology Ltd. has filed a Follow-on Equity Offering in the amount of $1.141 million.Singularity Future Technology Ltd. has filed a Follow-on Equity Offering in the amount of $1.141 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 700,000 Price\Range: $1.63 Transaction Features: Registered Direct OfferingBoard Change • Dec 30High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Zhongliang Xie is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Oct 01Singularity Future Technology Ltd. announced delayed annual 10-K filingOn 09/30/2024, Singularity Future Technology Ltd. announced that they will be unable to file their next 10-K by the deadline required by the SEC.分析記事 • Sep 01We're Hopeful That Singularity Future Technology (NASDAQ:SGLY) Will Use Its Cash WiselyEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...New Risk • Aug 20New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.73m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (86% increase in shares outstanding). Market cap is less than US$10m (US$9.73m market cap). Minor Risk Revenue is less than US$5m (US$3.4m revenue).New Risk • Aug 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (86% increase in shares outstanding). Minor Risks Revenue is less than US$5m (US$3.4m revenue). Market cap is less than US$100m (US$13.6m market cap).Reported Earnings • May 17Third quarter 2024 earnings released: US$0.32 loss per share (vs US$5.61 loss in 3Q 2023)Third quarter 2024 results: US$0.32 loss per share (improved from US$5.61 loss in 3Q 2023). Revenue: US$446.6k (down 41% from 3Q 2023). Net loss: US$949.8k (loss narrowed 92% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings.New Risk • Mar 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$20m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Minor Risks Revenue is less than US$5m (US$3.7m revenue). Market cap is less than US$100m (US$10.7m market cap).New Risk • Feb 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$20m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$20m free cash flow). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (US$3.7m revenue). Market cap is less than US$100m (US$10.4m market cap).Reported Earnings • Feb 15Second quarter 2024 earnings released: US$0.063 loss per share (vs US$1.76 loss in 2Q 2023)Second quarter 2024 results: US$0.063 loss per share (improved from US$1.76 loss in 2Q 2023). Revenue: US$961.2k (down 36% from 2Q 2023). Net loss: US$1.11m (loss narrowed 70% from 2Q 2023).お知らせ • Jan 05Singularity Future Technology Receives a Staff Determination Letter from the Nasdaq Stock MarketOn January 3, 2024, Singularity Future Technology Ltd. received a Staff determination letter from The Nasdaq Stock Market notifying the Company of the Staff's determination to delist the Company's securities from Nasdaq because of the Company's failure to regain compliance with the $1 per share bid price requirement required for continued listing on the Nasdaq as set in Listing Rule 5550(a)(2). Pursuant to the Letter, unless the Company requests an appeal of the Letter, trading of the Company's common stock will be suspended at the opening of business on January 12, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission to remove the Company's securities from listing and registration on Nasdaq. The Company has the option to appeal the delisting determination and intends to do so. The Company intends to appeal the Staff's determination to a Hearings Panel. Such a request will allow the Company's common stock to continue to be listed for trading pending the Panel's decision.Reported Earnings • Nov 16First quarter 2024 earnings released: US$0.13 loss per share (vs US$0.14 loss in 1Q 2023)First quarter 2024 results: US$0.13 loss per share (improved from US$0.14 loss in 1Q 2023). Revenue: US$895.9k (down 27% from 1Q 2023). Net loss: US$2.29m (loss narrowed 26% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.Board Change • Nov 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. VP & Director Haotian Song is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Oct 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Founder, Chairman, VP and Head of Research & Development Lei Cao is the most experienced director on the board, commencing their role in 2001. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Sep 30Singularity Future Technology Ltd., Annual General Meeting, Oct 18, 2023Singularity Future Technology Ltd., Annual General Meeting, Oct 18, 2023, at 10:00 China Standard Time. Location: Shenzhen Marriott Hotel Nanshan No. 88, Haide Yi Road, Nanshan District, Shenzhen China Agenda: To elect two Class I nominees to serve on the board of directors of the Company until next annual meeting of stockholders or until their successors are duly elected or appointed; to grant discretionary authority to the Board to amend the Company’s Amended and Restated Articles of Incorporation to effect a reverse stock split of the common stock of the Company within the range of 1-2 to 1-10 to be determined by the Board and with the reverse stock split to be effective at such time and date, if at all, as determined by the Board, but not later than the first anniversary of its approval by stockholders; to vote on an advisory, nonbinding resolution to approve the compensation of the Company’s executive officers; and to consider other matters.Reported Earnings • Sep 29Full year 2023 earnings released: US$1.09 loss per share (vs US$1.58 loss in FY 2022)Full year 2023 results: US$1.09 loss per share (improved from US$1.58 loss in FY 2022). Revenue: US$4.54m (up 14% from FY 2022). Net loss: US$23.0m (loss narrowed 19% from FY 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.お知らせ • Sep 26Singularity Future Technology Ltd. Announces Board and Committee ChangesOn September 21, 2023, Mr. Heng Wang resigned as a director of Singularity Future Technology Ltd. (the “Company”) and a member of the Compensation Committee, the Audit Committee, and the Nominating and Corporate Governance Committee. Mr. Wang’s decision did not result from any disagreement with the Company relating to its operations, policies, or practices. On September 25, 2023, pursuant to its bylaws, the board of directors (the “Board”) of the Company elected Mr. Xu Zhao as a Class I independent director to serve until the annual meeting of stockholders for the fiscal year 2022, to fill the vacancy on the Board resulting from the resignation of Mr. Heng Wang. The Board appointed Mr. Zhao to serve as a member of the Audit Committee, a member of the Compensation Committee and Chair of the Nominating and Corporate Governance Committee. Mr. Zhao has worked as the president of Shijiazhuang Juminhui Technology Co. Ltd. since March 2023. He was the regional manager for Hebei Province of Jiangsu Hengrui Pharmaceuticals Co. Ltd. from September 2009 to July 2022. Mr. Zhao received his bachelor’s degree in marketing from Nankai University Binhai College in 2009.お知らせ • Aug 23Singularity Future Technology Ltd. Announces Executive ChangesAugust 15, 2023, Mr. Dianjiang Wang resigned as the chief financial officer of Singularity Future Technology Ltd. Mr. Wang’s decision did not result from any disagreement with the Company relating to its operations, policies, or practices. On August 21, 2023, the Company entered into an employment agreement with Mr. Ying Cao to serve as the chief financial officer of the Company, effective immediately, with a term of one year. Under the employment agreement, Mr. Ying Cao’s compensation shall consist of an annual base salary of $60,000 and a discretionary annual bonus. The employment agreement. Mr. Ying Cao has served as the department manager and quality control manager at Shaanxi Huaqiang Certified Public Accountants Co. Ltd. since 2015. Prior to that, he served as a project manager in Sigma Accounting Firm from 2007 to 2014. Mr. Cao obtained his bachelor’s degree in accounting from Xi’an University of Finance and Economics. Mr. Cao does not have any family relationships with any of the Company’s directors or executive officers.Board Change • Aug 10High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Founder, Chairman, VP and Head of Research & Development Lei Cao is the most experienced director on the board, commencing their role in 2001. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jul 16Singularity Future Technology Receives A Non-Compliance Notice from the Nasdaq Stock MarketOn July 13, 2023, Singularity Future Technology Ltd. received a notice from The Nasdaq Stock Market LLC stating that the Company no longer complies with Nasdaq's independent director and audit committee requirements under Nasdaq's Listing Rule 5605 following the resignation of Tieliang Liu from the Company's board of directors and audit committee effective July 3, 2023. Nasdaq advised the Company that in accordance with Nasdaq's Listing Rule 5605(c)(4), the Company has a cure period to regain compliance (1) until the earlier of the Company's next annual shareholders' meeting or July 3, 2024; or (2) if the next annual shareholders' meeting is held before January 2, 2024, then the Company must evidence compliance no later than January 2, 2024 (the Cure Period"). The Company intends to regain compliance with Nasdaq's Listing Rule 5605 prior to the end of the Cure Period. On July 13, 2023, the Company received a notice from Nasdaq stating that the Company failed to regain compliance with respect to the minimum $1 bid price per share requirement under Nasdaq Listing Rules during the 180 calendar days given by Nasdaq for the Company to regain compliance, which ended on July 5, 2023. However, Nasdaq has determined that the Company is eligible for an additional 180 calendar day period, or until January 2, 2024, to regain compliance. Such determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Capital Market with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. The Company intends to regain compliance with Nasdaq's bid price requirement prior to the end of the second bid price extension.お知らせ • Jul 15Singularity Future Technology Ltd. Announces Termination of Shan Jing as Chief Operating OfficerOn July 10, 2023, Singularity Future Technology Ltd. terminated the employment of its Chief Operating Officer Shan Jing with cause. The termination was effective immediately.お知らせ • Jul 08Tieliang Liu Resigns as A Director of Singularity Future Technology Ltd. and A Member of the Compensation Committee, the Audit Committee, and the Nominating and Corporate Governance CommitteeOn July 3, 2023, Mr. Tieliang Liu resigned as a director of Singularity Future Technology Ltd. and a member of the Compensation Committee, the Audit Committee, and the Nominating and Corporate Governance Committee. Mr. Liu’s decision did not result from any disagreement with the Company relating to its operations, policies, or practice.New Risk • Jun 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$40m free cash flow). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (US$9.61m market cap). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Revenue is less than US$5m (US$4.6m revenue).Reported Earnings • May 17Third quarter 2023 earnings released: US$0.56 loss per share (vs US$0.47 loss in 3Q 2022)Third quarter 2023 results: US$0.56 loss per share (further deteriorated from US$0.47 loss in 3Q 2022). Revenue: US$759.9k (down 22% from 3Q 2022). Net loss: US$11.9m (loss widened 26% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 07First quarter 2023 earnings released: US$0.14 loss per share (vs US$0.18 loss in 1Q 2022)First quarter 2023 results: US$0.14 loss per share. Revenue: US$1.22m (down 32% from 1Q 2022). Net loss: US$3.08m (loss widened 8.0% from 1Q 2022).お知らせ • Jan 19Lieff Cabraser Heimann & Bernstein, LLP Announces Lead Plaintiff Deadline in Securities Class ActionNational plaintiffs law firm Lieff Cabraser Heimann & Bernstein, LLP urges investors in Singularity Future Technology Ltd. f/k/a Sino-Global Shipping America Ltd. who suffered losses from obtaining Singularity securities between February 12, 2021 and November 17, 2022 to contact our securities fraud litigation attorneys immediately regarding the pending securities fraud class action against Singularity. The deadline to apply to be a lead plaintiff is February 7, 2023. Class Period:February 12, 2021 - November 17, 2022. Lead Plaintiff Motion Deadline: February 7, 2023. The action alleges that, throughout the Class Period, Singularity and certain of its senior executives failed to disclose: (1) that former Vice-President ("VP") and later Chief Executive Officer, President, and Executive, defendant Yang Jie, had misrepresented his educational background, had an outstanding warrant for his arrest in China, had committed forgery, and was the largest shareholder and VP of Finance for China Commercial Credit ("CCC"), which had failed after posting major losses; (2) the Company engaged in material related party transactions; (3) a member of Singularity's Board of Directors had served as a director of CCC; and (4) Singularity lacked adequate internal controls and was subject to a heightened risk of regulatory scrutiny and possible delisting by NASDAQ.お知らせ • Jan 11Singularity Future Technology Receives Non-Compliance Notice from NasdaqOn January 5, 2023, Singularity Future Technology Ltd. (the “Company”) received a deficiency notice from The Nasdaq Stock Market (“Nasdaq”) informing the Company that its common stock, no par value (the “Common Stock”), fails to comply with the $1 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Common Stock for the 30 consecutive business days prior to the date of the notice from Nasdaq. Nasdaq’s notice has no immediate effect on the listing of the Common Stock on The Nasdaq Capital Market. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial compliance period of 180 calendar days, or until July 5, 2023, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Common Stock must meet or exceed $1.00 per share for a minimum of ten consecutive business days prior to July 5, 2023. If the Company is unable to regain compliance by July 5, 2023, the Company may be eligible for an additional 180 calendar day compliance period to demonstrate compliance with the bid price requirement. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice to Nasdaq of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company does not qualify for the second compliance period or fails to regain compliance during the second 180-day period, Nasdaq will notify the Company of its determination to delist the Common Stock, at which point the Company would have an opportunity to appeal the delisting determination to a Hearings Panel. The Company intends to monitor the closing bid price of the Common Stock and may, if appropriate, consider implementing available options to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.Seeking Alpha • Mar 29Singularity Looks Overvalued Based On Fundamentals And Its Partners Are In TroubleThe company is pivoting to Bitcoin mining machines through a JV with a Highsharp, and the JV recently got a $200 million order from SOS. However, Highsharp is being sued over patent infringement while SOS was targeted by short sellers in 2021 and recently received a subpoena from the SEC. There is no information about Thor’s margins and I have doubts the SOS order will be completed. Considering Singularity is valued at over $250 million as of the time of writing, I think this could be a good moment to open a small short position paired with call options.分析記事 • Feb 23Is Singularity Future Technology (NASDAQ:SGLY) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Feb 16Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: US$0.55 loss per share (down from US$0.23 loss in 2Q 2021). Revenue: US$1.04m (down 45% from 2Q 2021). Net loss: US$8.85m (loss widened US$7.75m from 2Q 2021). Revenue exceeded analyst estimates by 272%. Earnings per share (EPS) also surpassed analyst estimates by 800%. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Dec 31High number of new directorsIndependent Director John Levy was the last director to join the board, commencing their role in 2021.Reported Earnings • Oct 01Full year 2021 earnings released: US$0.79 loss per share (vs US$4.78 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: US$5.15m (down 21% from FY 2020). Net loss: US$6.82m (loss narrowed 59% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Executive Departure • Aug 11Chief Operating Officer Lei Nie has left the companyOn the 5th of August, Lei Nie's tenure as Chief Operating Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Lei's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 5.83 years.Reported Earnings • May 16Third quarter 2021 earnings released: US$0.32 loss per share (vs US$1.08 loss in 3Q 2020)The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: US$953.2k (down 30% from 3Q 2020). Net loss: US$3.48m (loss narrowed 8.8% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 14Second quarter 2021 earnings released: US$0.23 loss per share (vs US$0.12 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$1.88m (down 6.8% from 2Q 2020). Net loss: US$1.10m (loss widened 171% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 88% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.分析記事 • Feb 04Can You Imagine How Jubilant Sino-Global Shipping America's (NASDAQ:SINO) Shareholders Feel About Its 230% Share Price Gain?When you buy shares in a company, there is always a risk that the price drops to zero. On the other hand, if you find a...Is New 90 Day High Low • Jan 27New 90-day high: US$4.24The company is up 86% from its price of US$2.28 on 28 October 2020. The American market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is up 28% over the same period.収支内訳Singularity Future Technology の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NasdaqCM:SGLY 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Dec 251-132030 Sep 252-123030 Jun 252-43031 Mar 252-44031 Dec 242-33030 Sep 243-44030 Jun 243-55031 Mar 243-99031 Dec 234-2011030 Sep 234-2214030 Jun 235-2315031 Mar 235-2415031 Dec 225-2121030 Sep 224-2620030 Jun 224-2821031 Mar 224-2922031 Dec 214-2316030 Sep 215-1514030 Jun 215-1110031 Mar 215-1617031 Dec 206-1618030 Sep 206-1619030 Jun 207-1620031 Mar 207-811031 Dec 1929-610030 Sep 1937-711030 Jun 1942-711031 Mar 1947-511031 Dec 1829-310030 Sep 1824-19030 Jun 182307031 Mar 182025031 Dec 171835030 Sep 171543030 Jun 171143031 Mar 17933031 Dec 16714030 Sep 167-25030 Jun 167-25031 Mar 169-25031 Dec 1510-15030 Sep 151114030 Jun 1511140質の高い収益: SGLYは現在利益が出ていません。利益率の向上: SGLYは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: SGLYは利益を出していないが、過去 5 年間で年間19.9%の割合で損失を削減してきた。成長の加速: SGLYの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: SGLYは利益が出ていないため、過去 1 年間の収益成長をInfrastructure業界 ( 9.2% ) と比較することは困難です。株主資本利益率高いROE: SGLYは現在利益が出ていないため、自己資本利益率 ( -337.02% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTransportation 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/06 07:07終値2026/05/06 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Singularity Future Technology Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Han JangMaxim Group
Reported Earnings • Feb 16Second quarter 2026 earnings released: US$0.12 loss per share (vs US$0.094 loss in 2Q 2025)Second quarter 2026 results: US$0.12 loss per share (further deteriorated from US$0.094 loss in 2Q 2025). Net loss: US$665.9k (loss widened 103% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings.
Reported Earnings • May 17Third quarter 2025 earnings released: US$0.46 loss per share (vs US$0.32 loss in 3Q 2024)Third quarter 2025 results: US$0.46 loss per share (further deteriorated from US$0.32 loss in 3Q 2024). Revenue: US$363.1k (down 19% from 3Q 2024). Net loss: US$1.67m (loss widened 76% from 3Q 2024).
Reported Earnings • May 17Third quarter 2024 earnings released: US$0.32 loss per share (vs US$5.61 loss in 3Q 2023)Third quarter 2024 results: US$0.32 loss per share (improved from US$5.61 loss in 3Q 2023). Revenue: US$446.6k (down 41% from 3Q 2023). Net loss: US$949.8k (loss narrowed 92% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 15Second quarter 2024 earnings released: US$0.063 loss per share (vs US$1.76 loss in 2Q 2023)Second quarter 2024 results: US$0.063 loss per share (improved from US$1.76 loss in 2Q 2023). Revenue: US$961.2k (down 36% from 2Q 2023). Net loss: US$1.11m (loss narrowed 70% from 2Q 2023).
Reported Earnings • Nov 16First quarter 2024 earnings released: US$0.13 loss per share (vs US$0.14 loss in 1Q 2023)First quarter 2024 results: US$0.13 loss per share (improved from US$0.14 loss in 1Q 2023). Revenue: US$895.9k (down 27% from 1Q 2023). Net loss: US$2.29m (loss narrowed 26% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 29Full year 2023 earnings released: US$1.09 loss per share (vs US$1.58 loss in FY 2022)Full year 2023 results: US$1.09 loss per share (improved from US$1.58 loss in FY 2022). Revenue: US$4.54m (up 14% from FY 2022). Net loss: US$23.0m (loss narrowed 19% from FY 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 16Second quarter 2026 earnings released: US$0.12 loss per share (vs US$0.094 loss in 2Q 2025)Second quarter 2026 results: US$0.12 loss per share (further deteriorated from US$0.094 loss in 2Q 2025). Net loss: US$665.9k (loss widened 103% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings.
New Risk • Feb 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$13m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$13m free cash flow). Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Market cap is less than US$10m (US$2.63m market cap). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (US$1.3m revenue).
Board Change • Dec 29High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Independent Director Zhongliang Xie is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Nov 25Nasdaq Grants Singularity Future Technology 180 Days to Regain Compliance with Listing RulesOn November 19, 2025, Singularity Future Technology Ltd. (the Company") received a staff determination notice (the Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq"), informing the Company that its common stock, no par value (the Common Stock"), fails to comply with the $1 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) for the 30 consecutive business days prior to the date of the Notice. Nasdaq's notice has no immediate effect on the listing of the Common Stock on The Nasdaq Capital Market. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial compliance period of 180 calendar days, or until May 18, 2026 (the Compliance Date"), to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Common Stock must meet or exceed $1.00 per share for a minimum of ten consecutive business days prior to the Compliance Date. If the Company is unable to regain compliance by the Compliance Date, the Company may be eligible for an additional 180 calendar day compliance period to demonstrate compliance with the bid price requirement. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice to Nasdaq of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company does not qualify for the second compliance period or fails to regain compliance during the second 180-day period, Nasdaq will notify the Company of its determination to delist the Common Stock, at which point the Company would have an opportunity to appeal the delisting determination to a Hearings Panel. The Company intends to monitor the closing bid price of the Common Stock and may, if appropriate, consider implementing available options to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.
Board Change • Oct 20High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Zhongliang Xie is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Sep 30Singularity Future Technology Ltd. announced delayed annual 10-K filingOn 09/29/2025, Singularity Future Technology Ltd. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
お知らせ • Jun 12Singularity Future Technology Ltd., Annual General Meeting, Jul 01, 2025Singularity Future Technology Ltd., Annual General Meeting, Jul 01, 2025, at 23:00 China Standard Time. Location: room1406, 14/f, star hse, 3 salisbury rd, tsimsha tsui, kowloon, hong kong, Hong Kong
Reported Earnings • May 17Third quarter 2025 earnings released: US$0.46 loss per share (vs US$0.32 loss in 3Q 2024)Third quarter 2025 results: US$0.46 loss per share (further deteriorated from US$0.32 loss in 3Q 2024). Revenue: US$363.1k (down 19% from 3Q 2024). Net loss: US$1.67m (loss widened 76% from 3Q 2024).
Board Change • May 12High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Zhongliang Xie is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Mar 01Singularity Future Technology Ltd. Announces CFO ChangesOn February 20, 2025, Mr. Ying Cao resigned from his position as the chief financial officer of Singularity Future Technology Ltd. Mr. Ying Cao’s resignation was for personal reasons and was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On February 21, 2025, the board of directors of the Company (the “Board”) appointed Mr. Chee Jiong Ng as the CFO of the Company to fill the vacancy resulting from Mr. Ying Cao’s resignation. Mr. Ng worked as the CFO of Meta Data Limited from November 2021 to July 2024. From March 2021 to October 2021, Mr. Ng was a financial advisor for two Nasdaq listed companies, responsible for annual and semi-annual reporting obligations and financing activities. From December 2017 to February 2021, Mr. Ng was the CFO of Dunxin Financial Holdings Limited, now known as Eason Technology Limited. Mr. Ng received a bachelor’s degree in economics from the University of Sydney, Australia in 1993, and a master’s degree in commerce from the University of New South Wales, Australia in 1995. Mr. Ng is also a certified public accountant of Australian Society of Certified Public Accountants since 1999.
お知らせ • Feb 13Singularity Future Technology Ltd. announced delayed 10-Q filingOn 02/12/2025, Singularity Future Technology Ltd. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Jan 28Singularity Future Technology Ltd. has completed a Follow-on Equity Offering in the amount of $1.141 million.Singularity Future Technology Ltd. has completed a Follow-on Equity Offering in the amount of $1.141 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 700,000 Price\Range: $1.63 Discount Per Security: $0.1141 Transaction Features: Registered Direct Offering
New Risk • Jan 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 4.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (US$9.25m market cap). Minor Risk Revenue is less than US$5m (US$2.7m revenue).
お知らせ • Jan 25Singularity Future Technology Ltd. has filed a Follow-on Equity Offering in the amount of $1.141 million.Singularity Future Technology Ltd. has filed a Follow-on Equity Offering in the amount of $1.141 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 700,000 Price\Range: $1.63 Transaction Features: Registered Direct Offering
Board Change • Dec 30High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Zhongliang Xie is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Oct 01Singularity Future Technology Ltd. announced delayed annual 10-K filingOn 09/30/2024, Singularity Future Technology Ltd. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
分析記事 • Sep 01We're Hopeful That Singularity Future Technology (NASDAQ:SGLY) Will Use Its Cash WiselyEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
New Risk • Aug 20New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.73m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (86% increase in shares outstanding). Market cap is less than US$10m (US$9.73m market cap). Minor Risk Revenue is less than US$5m (US$3.4m revenue).
New Risk • Aug 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (86% increase in shares outstanding). Minor Risks Revenue is less than US$5m (US$3.4m revenue). Market cap is less than US$100m (US$13.6m market cap).
Reported Earnings • May 17Third quarter 2024 earnings released: US$0.32 loss per share (vs US$5.61 loss in 3Q 2023)Third quarter 2024 results: US$0.32 loss per share (improved from US$5.61 loss in 3Q 2023). Revenue: US$446.6k (down 41% from 3Q 2023). Net loss: US$949.8k (loss narrowed 92% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings.
New Risk • Mar 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$20m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Minor Risks Revenue is less than US$5m (US$3.7m revenue). Market cap is less than US$100m (US$10.7m market cap).
New Risk • Feb 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$20m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$20m free cash flow). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (US$3.7m revenue). Market cap is less than US$100m (US$10.4m market cap).
Reported Earnings • Feb 15Second quarter 2024 earnings released: US$0.063 loss per share (vs US$1.76 loss in 2Q 2023)Second quarter 2024 results: US$0.063 loss per share (improved from US$1.76 loss in 2Q 2023). Revenue: US$961.2k (down 36% from 2Q 2023). Net loss: US$1.11m (loss narrowed 70% from 2Q 2023).
お知らせ • Jan 05Singularity Future Technology Receives a Staff Determination Letter from the Nasdaq Stock MarketOn January 3, 2024, Singularity Future Technology Ltd. received a Staff determination letter from The Nasdaq Stock Market notifying the Company of the Staff's determination to delist the Company's securities from Nasdaq because of the Company's failure to regain compliance with the $1 per share bid price requirement required for continued listing on the Nasdaq as set in Listing Rule 5550(a)(2). Pursuant to the Letter, unless the Company requests an appeal of the Letter, trading of the Company's common stock will be suspended at the opening of business on January 12, 2024, and a Form 25-NSE will be filed with the Securities and Exchange Commission to remove the Company's securities from listing and registration on Nasdaq. The Company has the option to appeal the delisting determination and intends to do so. The Company intends to appeal the Staff's determination to a Hearings Panel. Such a request will allow the Company's common stock to continue to be listed for trading pending the Panel's decision.
Reported Earnings • Nov 16First quarter 2024 earnings released: US$0.13 loss per share (vs US$0.14 loss in 1Q 2023)First quarter 2024 results: US$0.13 loss per share (improved from US$0.14 loss in 1Q 2023). Revenue: US$895.9k (down 27% from 1Q 2023). Net loss: US$2.29m (loss narrowed 26% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings.
Board Change • Nov 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. VP & Director Haotian Song is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Oct 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Founder, Chairman, VP and Head of Research & Development Lei Cao is the most experienced director on the board, commencing their role in 2001. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 30Singularity Future Technology Ltd., Annual General Meeting, Oct 18, 2023Singularity Future Technology Ltd., Annual General Meeting, Oct 18, 2023, at 10:00 China Standard Time. Location: Shenzhen Marriott Hotel Nanshan No. 88, Haide Yi Road, Nanshan District, Shenzhen China Agenda: To elect two Class I nominees to serve on the board of directors of the Company until next annual meeting of stockholders or until their successors are duly elected or appointed; to grant discretionary authority to the Board to amend the Company’s Amended and Restated Articles of Incorporation to effect a reverse stock split of the common stock of the Company within the range of 1-2 to 1-10 to be determined by the Board and with the reverse stock split to be effective at such time and date, if at all, as determined by the Board, but not later than the first anniversary of its approval by stockholders; to vote on an advisory, nonbinding resolution to approve the compensation of the Company’s executive officers; and to consider other matters.
Reported Earnings • Sep 29Full year 2023 earnings released: US$1.09 loss per share (vs US$1.58 loss in FY 2022)Full year 2023 results: US$1.09 loss per share (improved from US$1.58 loss in FY 2022). Revenue: US$4.54m (up 14% from FY 2022). Net loss: US$23.0m (loss narrowed 19% from FY 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
お知らせ • Sep 26Singularity Future Technology Ltd. Announces Board and Committee ChangesOn September 21, 2023, Mr. Heng Wang resigned as a director of Singularity Future Technology Ltd. (the “Company”) and a member of the Compensation Committee, the Audit Committee, and the Nominating and Corporate Governance Committee. Mr. Wang’s decision did not result from any disagreement with the Company relating to its operations, policies, or practices. On September 25, 2023, pursuant to its bylaws, the board of directors (the “Board”) of the Company elected Mr. Xu Zhao as a Class I independent director to serve until the annual meeting of stockholders for the fiscal year 2022, to fill the vacancy on the Board resulting from the resignation of Mr. Heng Wang. The Board appointed Mr. Zhao to serve as a member of the Audit Committee, a member of the Compensation Committee and Chair of the Nominating and Corporate Governance Committee. Mr. Zhao has worked as the president of Shijiazhuang Juminhui Technology Co. Ltd. since March 2023. He was the regional manager for Hebei Province of Jiangsu Hengrui Pharmaceuticals Co. Ltd. from September 2009 to July 2022. Mr. Zhao received his bachelor’s degree in marketing from Nankai University Binhai College in 2009.
お知らせ • Aug 23Singularity Future Technology Ltd. Announces Executive ChangesAugust 15, 2023, Mr. Dianjiang Wang resigned as the chief financial officer of Singularity Future Technology Ltd. Mr. Wang’s decision did not result from any disagreement with the Company relating to its operations, policies, or practices. On August 21, 2023, the Company entered into an employment agreement with Mr. Ying Cao to serve as the chief financial officer of the Company, effective immediately, with a term of one year. Under the employment agreement, Mr. Ying Cao’s compensation shall consist of an annual base salary of $60,000 and a discretionary annual bonus. The employment agreement. Mr. Ying Cao has served as the department manager and quality control manager at Shaanxi Huaqiang Certified Public Accountants Co. Ltd. since 2015. Prior to that, he served as a project manager in Sigma Accounting Firm from 2007 to 2014. Mr. Cao obtained his bachelor’s degree in accounting from Xi’an University of Finance and Economics. Mr. Cao does not have any family relationships with any of the Company’s directors or executive officers.
Board Change • Aug 10High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Founder, Chairman, VP and Head of Research & Development Lei Cao is the most experienced director on the board, commencing their role in 2001. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 16Singularity Future Technology Receives A Non-Compliance Notice from the Nasdaq Stock MarketOn July 13, 2023, Singularity Future Technology Ltd. received a notice from The Nasdaq Stock Market LLC stating that the Company no longer complies with Nasdaq's independent director and audit committee requirements under Nasdaq's Listing Rule 5605 following the resignation of Tieliang Liu from the Company's board of directors and audit committee effective July 3, 2023. Nasdaq advised the Company that in accordance with Nasdaq's Listing Rule 5605(c)(4), the Company has a cure period to regain compliance (1) until the earlier of the Company's next annual shareholders' meeting or July 3, 2024; or (2) if the next annual shareholders' meeting is held before January 2, 2024, then the Company must evidence compliance no later than January 2, 2024 (the Cure Period"). The Company intends to regain compliance with Nasdaq's Listing Rule 5605 prior to the end of the Cure Period. On July 13, 2023, the Company received a notice from Nasdaq stating that the Company failed to regain compliance with respect to the minimum $1 bid price per share requirement under Nasdaq Listing Rules during the 180 calendar days given by Nasdaq for the Company to regain compliance, which ended on July 5, 2023. However, Nasdaq has determined that the Company is eligible for an additional 180 calendar day period, or until January 2, 2024, to regain compliance. Such determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Capital Market with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. The Company intends to regain compliance with Nasdaq's bid price requirement prior to the end of the second bid price extension.
お知らせ • Jul 15Singularity Future Technology Ltd. Announces Termination of Shan Jing as Chief Operating OfficerOn July 10, 2023, Singularity Future Technology Ltd. terminated the employment of its Chief Operating Officer Shan Jing with cause. The termination was effective immediately.
お知らせ • Jul 08Tieliang Liu Resigns as A Director of Singularity Future Technology Ltd. and A Member of the Compensation Committee, the Audit Committee, and the Nominating and Corporate Governance CommitteeOn July 3, 2023, Mr. Tieliang Liu resigned as a director of Singularity Future Technology Ltd. and a member of the Compensation Committee, the Audit Committee, and the Nominating and Corporate Governance Committee. Mr. Liu’s decision did not result from any disagreement with the Company relating to its operations, policies, or practice.
New Risk • Jun 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$40m free cash flow). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (US$9.61m market cap). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Revenue is less than US$5m (US$4.6m revenue).
Reported Earnings • May 17Third quarter 2023 earnings released: US$0.56 loss per share (vs US$0.47 loss in 3Q 2022)Third quarter 2023 results: US$0.56 loss per share (further deteriorated from US$0.47 loss in 3Q 2022). Revenue: US$759.9k (down 22% from 3Q 2022). Net loss: US$11.9m (loss widened 26% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 07First quarter 2023 earnings released: US$0.14 loss per share (vs US$0.18 loss in 1Q 2022)First quarter 2023 results: US$0.14 loss per share. Revenue: US$1.22m (down 32% from 1Q 2022). Net loss: US$3.08m (loss widened 8.0% from 1Q 2022).
お知らせ • Jan 19Lieff Cabraser Heimann & Bernstein, LLP Announces Lead Plaintiff Deadline in Securities Class ActionNational plaintiffs law firm Lieff Cabraser Heimann & Bernstein, LLP urges investors in Singularity Future Technology Ltd. f/k/a Sino-Global Shipping America Ltd. who suffered losses from obtaining Singularity securities between February 12, 2021 and November 17, 2022 to contact our securities fraud litigation attorneys immediately regarding the pending securities fraud class action against Singularity. The deadline to apply to be a lead plaintiff is February 7, 2023. Class Period:February 12, 2021 - November 17, 2022. Lead Plaintiff Motion Deadline: February 7, 2023. The action alleges that, throughout the Class Period, Singularity and certain of its senior executives failed to disclose: (1) that former Vice-President ("VP") and later Chief Executive Officer, President, and Executive, defendant Yang Jie, had misrepresented his educational background, had an outstanding warrant for his arrest in China, had committed forgery, and was the largest shareholder and VP of Finance for China Commercial Credit ("CCC"), which had failed after posting major losses; (2) the Company engaged in material related party transactions; (3) a member of Singularity's Board of Directors had served as a director of CCC; and (4) Singularity lacked adequate internal controls and was subject to a heightened risk of regulatory scrutiny and possible delisting by NASDAQ.
お知らせ • Jan 11Singularity Future Technology Receives Non-Compliance Notice from NasdaqOn January 5, 2023, Singularity Future Technology Ltd. (the “Company”) received a deficiency notice from The Nasdaq Stock Market (“Nasdaq”) informing the Company that its common stock, no par value (the “Common Stock”), fails to comply with the $1 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Common Stock for the 30 consecutive business days prior to the date of the notice from Nasdaq. Nasdaq’s notice has no immediate effect on the listing of the Common Stock on The Nasdaq Capital Market. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial compliance period of 180 calendar days, or until July 5, 2023, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Common Stock must meet or exceed $1.00 per share for a minimum of ten consecutive business days prior to July 5, 2023. If the Company is unable to regain compliance by July 5, 2023, the Company may be eligible for an additional 180 calendar day compliance period to demonstrate compliance with the bid price requirement. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice to Nasdaq of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company does not qualify for the second compliance period or fails to regain compliance during the second 180-day period, Nasdaq will notify the Company of its determination to delist the Common Stock, at which point the Company would have an opportunity to appeal the delisting determination to a Hearings Panel. The Company intends to monitor the closing bid price of the Common Stock and may, if appropriate, consider implementing available options to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.
Seeking Alpha • Mar 29Singularity Looks Overvalued Based On Fundamentals And Its Partners Are In TroubleThe company is pivoting to Bitcoin mining machines through a JV with a Highsharp, and the JV recently got a $200 million order from SOS. However, Highsharp is being sued over patent infringement while SOS was targeted by short sellers in 2021 and recently received a subpoena from the SEC. There is no information about Thor’s margins and I have doubts the SOS order will be completed. Considering Singularity is valued at over $250 million as of the time of writing, I think this could be a good moment to open a small short position paired with call options.
分析記事 • Feb 23Is Singularity Future Technology (NASDAQ:SGLY) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Feb 16Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: US$0.55 loss per share (down from US$0.23 loss in 2Q 2021). Revenue: US$1.04m (down 45% from 2Q 2021). Net loss: US$8.85m (loss widened US$7.75m from 2Q 2021). Revenue exceeded analyst estimates by 272%. Earnings per share (EPS) also surpassed analyst estimates by 800%. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Dec 31High number of new directorsIndependent Director John Levy was the last director to join the board, commencing their role in 2021.
Reported Earnings • Oct 01Full year 2021 earnings released: US$0.79 loss per share (vs US$4.78 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: US$5.15m (down 21% from FY 2020). Net loss: US$6.82m (loss narrowed 59% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Executive Departure • Aug 11Chief Operating Officer Lei Nie has left the companyOn the 5th of August, Lei Nie's tenure as Chief Operating Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Lei's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 5.83 years.
Reported Earnings • May 16Third quarter 2021 earnings released: US$0.32 loss per share (vs US$1.08 loss in 3Q 2020)The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: US$953.2k (down 30% from 3Q 2020). Net loss: US$3.48m (loss narrowed 8.8% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 14Second quarter 2021 earnings released: US$0.23 loss per share (vs US$0.12 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: US$1.88m (down 6.8% from 2Q 2020). Net loss: US$1.10m (loss widened 171% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 88% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
分析記事 • Feb 04Can You Imagine How Jubilant Sino-Global Shipping America's (NASDAQ:SINO) Shareholders Feel About Its 230% Share Price Gain?When you buy shares in a company, there is always a risk that the price drops to zero. On the other hand, if you find a...
Is New 90 Day High Low • Jan 27New 90-day high: US$4.24The company is up 86% from its price of US$2.28 on 28 October 2020. The American market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is up 28% over the same period.