New Risk • Jul 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €85.7m (US$98.1m) This is considered a minor 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 (24% average weekly change). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (397% increase in shares outstanding). Minor Risks Significant insider selling over the past 3 months (€452k sold). Market cap is less than US$100m (€85.7m market cap, or US$98.1m). Reported Earnings • Apr 26
Full year 2025 earnings released: S$0.40 loss per share (vs S$0.88 loss in FY 2024) Full year 2025 results: S$0.40 loss per share (improved from S$0.88 loss in FY 2024). Revenue: S$12.6m (up 41% from FY 2024). Net loss: S$17.7m (loss narrowed 5.1% from FY 2024). Announcement • Apr 13
Ryde Group Ltd announced that it has received $14.9 million in funding On April 13, 2026. Ryde Group Ltd. announced that it has closed the transaction. Announcement • Apr 08
Ryde Group Ltd announced that it expects to receive $14.9 million in funding Ryde Group Ltd. announces that it has entered into a securities purchase agreement to issue 37,250,000 Class A ordinary shares at a price of $0.40 per share for gross proceeds of $14,900,000 on April 7, 2026. The Offering is expected to close on or about April 10, 2026, subject to the satisfaction of customary closing conditions. The securities are issued pursuant to Regulation D. New Risk • Jan 21
New major risk - Revenue and earnings growth Earnings have declined by 41% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (365% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€34.0m market cap, or US$39.8m). New Risk • Oct 29
New major risk - Revenue and earnings growth Earnings have declined by 41% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (182% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€35.9m market cap, or US$41.7m). Reported Earnings • Oct 26
First half 2025 earnings released: S$0.18 loss per share (vs S$0.82 loss in 1H 2024) First half 2025 results: S$0.18 loss per share (improved from S$0.82 loss in 1H 2024). Revenue: S$5.75m (up 31% from 1H 2024). Net loss: S$4.81m (loss narrowed 64% from 1H 2024). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Transportation industry in Europe. Announcement • Oct 21
Ryde Group Ltd announced that it has received $10.002 million in funding On October 20, 2025, Ryde Group Ltd closed the transaction. Announcement • Oct 09
Ryde Group Ltd announced that it expects to receive SGD 13.0026 million in funding Ryde Group Ltd announced a private offering and entered into a purchase agreement with several investors 33,340,000 Class A ordinary shares at an offering price of SGD 0.39 for an aggregate gross proceeds of SGD 13,002,600. The Offering is expected to close on or about October 10, 2025, subject to the satisfaction of customary closing conditions. Announcement • Sep 10
Ryde Group Ltd has filed a Follow-on Equity Offering in the amount of $1.6055 million. Ryde Group Ltd has filed a Follow-on Equity Offering in the amount of $1.6055 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,422,000
Price\Range: $0.25
Transaction Features: Registered Direct Offering New Risk • Aug 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.50m (US$9.94m) 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 Less than 1 year of cash runway based on free cash flow trend (-S$12m free cash flow). Share price has been highly volatile over the past 3 months (55% average weekly change). Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Market cap is less than US$10m (€8.50m market cap, or US$9.94m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (S$7.5m net loss in 2 years). New Risk • Jun 18
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 German stocks, typically moving 54% 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 (-S$12m free cash flow). Share price has been highly volatile over the past 3 months (54% average weekly change). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Market cap is less than US$10m (€4.50m market cap, or US$5.17m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (S$7.5m net loss in 2 years). Reported Earnings • Apr 29
Full year 2024 earnings released: S$0.88 loss per share (vs S$0.99 loss in FY 2023) Full year 2024 results: S$0.88 loss per share. Revenue: S$9.05m (up 4.5% from FY 2023). Net loss: S$18.7m (loss widened 45% from FY 2023). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Transportation industry in Europe. New Risk • Jan 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.58m (US$9.95m) 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 Less than 1 year of cash runway based on free cash flow trend (-S$9.1m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Market cap is less than US$10m (€9.58m market cap, or US$9.95m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (S$6.1m net loss in 2 years). New Risk • Dec 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.36m (US$9.89m) 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 Less than 1 year of cash runway based on free cash flow trend (-S$9.1m free cash flow). Share price has been highly volatile over the past 3 months (32% average weekly change). Market cap is less than US$10m (€9.36m market cap, or US$9.89m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (S$6.1m net loss in 2 years). Reported Earnings • Oct 26
First half 2024 earnings released: S$0.82 loss per share (vs S$0.34 loss in 1H 2023) First half 2024 results: S$0.82 loss per share (further deteriorated from S$0.34 loss in 1H 2023). Revenue: S$4.38m (down 16% from 1H 2023). Net loss: S$13.5m (loss widened 241% from 1H 2023). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Transportation industry in Europe. New Risk • Sep 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €39.2m (US$43.4m) This is considered a minor 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 (35% average weekly change). Negative equity (-S$7.4m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-S$2.1m). Currently unprofitable and not forecast to become profitable over next 2 years (S$9.4m net loss in 2 years). Market cap is less than US$100m (€39.2m market cap, or US$43.4m). Board Change • May 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.