NYSEAM:RYDETransportation
Ryde Group (NYSEAM:RYDE) Heavy EPS Loss Persists Challenging Bullish Profitability Narratives
Ryde Group (RYDE) opened FY 2025 with first half revenue of S$5.7 million and a basic EPS loss of S$0.18, while trailing twelve month revenue stood at S$10.3 million against a net loss of S$9.9 million. Over the past three reported halves, the company has seen revenue move from S$4.4 million in 1H 2024 to S$4.6 million in 2H 2024 and S$5.7 million in 1H 2025, alongside EPS losses of S$0.82, S$0.20 and S$0.18 respectively. This keeps the spotlight firmly on how quickly margins can tighten or...