Reported Earnings • May 05
Full year 2025 earnings released: S$0.15 loss per share (vs S$0.072 loss in FY 2024) Full year 2025 results: S$0.15 loss per share (further deteriorated from S$0.072 loss in FY 2024). Revenue: S$25.9m (up 87% from FY 2024). Net loss: S$2.04m (loss widened 150% from FY 2024). New Risk • Mar 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$6.50m 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 (21% average weekly change). Earnings have declined by 52% per year over the past 5 years. Market cap is less than US$10m (US$6.50m market cap). New Risk • Mar 03
New major risk - Share price stability The 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 Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 52% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$18.6m market cap). Reported Earnings • Oct 20
First half 2025 earnings released: EPS: S$0.019 (vs S$0.002 in 1H 2024) First half 2025 results: EPS: S$0.019 (up from S$0.002 in 1H 2024). Revenue: S$7.84m (down 5.9% from 1H 2024). Net income: S$244.0k (up S$219.3k from 1H 2024). Profit margin: 3.1% (up from 0.3% in 1H 2024). The increase in margin was driven by lower expenses. 공시 • Oct 18
FBS Global Limited has filed a Follow-on Equity Offering in the amount of $10 million. FBS Global Limited has filed a Follow-on Equity Offering in the amount of $10 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: $0.25
Discount Per Security: $0.01 공시 • Apr 25
FBS Global Limited announced delayed 20-F filing On 04/24/2025, FBS Global Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Apr 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$8.56m 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 (27% average weekly change). Earnings have declined by 38% per year over the past 5 years. Market cap is less than US$10m (US$8.56m market cap). Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to US$1.07, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 25x in the Construction industry in the US. Board Change • Mar 02
High number of new directors Independent Director Puay Khng Lee was the last director to join the board, commencing their role in 2025. 공시 • Feb 07
FBS Global Limited has completed an IPO in the amount of $10.125 million. FBS Global Limited has completed an IPO in the amount of $10.125 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,250,000
Price\Range: $4.5
Discount Per Security: $0.32 Buy Or Sell Opportunity • Feb 06
Now 24% undervalued The stock has been flat over the last 90 days, currently trading at US$3.45. The fair value is estimated to be US$4.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Board Change • Feb 05
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director Kelvin Ang is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Nov 05
FBS Global Limited has withdrawn its IPO in the amount of $11.25 million. FBS Global Limited has withdrawn its IPO in the amount of $11.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,250,000
Price\Range: $4.5 to $5
Discount Per Security: $0.35 Board Change • Sep 24
High number of new and inexperienced directors There 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. No highly experienced directors. CEO & Chairman of the Board Kelvin Ang is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.