Symbols / RYDE $1.24 -16.22% Ryde Group Ltd.

Technology • Software - Application • Singapore • ASE
RYDE Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Software - Application
CEO Mr. Junming Zou
Exch · Country ASE · Singapore
Market Cap 155.18M
Enterprise Value 41.68M
Income -17.70M
Sales 12.59M
FCF (ttm) 3.91M
Book/sh 0.05
Cash/sh 0.57
Employees —
Insider 10d —
IPO Mar 06, 2024
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E -22.75
PEG —
P/S 12.33
P/B 22.84
P/C —
EV/EBITDA -2.49
EV/Sales 3.31
Quick Ratio 5.63
Current Ratio 5.63
Debt/Eq 0.18
LT Debt/Eq —
EPS (ttm) -0.78
EPS next Y -0.05
EPS Growth —
Revenue Growth 46.30%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) —
Earnings (prior) —
ROA -45.77%
ROE -97.34%
ROIC —
Gross Margin 26.21%
Oper. Margin -182.30%
Profit Margin -140.56%
Shs Outstand 108.96M
Shs Float 51.23M
Insider Own 7.89%
Instit Own 0.09%
Short Float 1.80%
Short Ratio 1.15
Short Interest 1.84M
52W High 1.55
vs 52W High -20.00%
52W Low 0.16
vs 52W Low 675.00%
Beta —
Impl. Vol. —
Rel Volume 0.07
Avg Volume 2.62M
Volume 177.80K
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $1.48
Price $1.24
Change -16.22%
About

Ryde Group Ltd engages in the provision of mobility and quick commerce solutions in Singapore. The company offers on-demand and scheduled carpooling and ride-hailing services; matching riders to its driver partners; and on-demand, scheduled, and multi-stop parcel delivery services. It also operates RydePay, a digital payments solution that allows users to pay and top up by card and to pay by RydeCoins; and Ryde+, a value subscription plan service. The company was founded in 2014 and is headquartered in Singapore.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.24
Latest analyst target
3. DCF / Fair value
$0.65
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.24
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-05-08 main Maxim Group Buy → Buy $9
2024-04-16 init Maxim Group — → Buy $8
News
RSS: Latest RYDE news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
8.95
+3.27%
8.67
-1.79%
8.82
+42.45%
6.20
Operating Revenue
8.86
+2.43%
8.65
-1.95%
8.82
+42.45%
6.20
Cost Of Revenue
6.87
-22.50%
8.87
-7.46%
9.58
+68.28%
5.69
Reconciled Cost Of Revenue
6.87
-22.50%
8.87
-7.46%
9.58
+68.28%
5.69
Gross Profit
2.08
+1150.51%
-0.20
+73.77%
-0.76
-250.40%
0.50
Operating Expense
20.68
+78.86%
11.56
+188.52%
4.01
+146.74%
1.62
Selling General And Administration
14.96
+50.82%
9.92
+267.37%
2.70
+273.96%
0.72
Selling And Marketing Expense
2.84
+16.22%
2.44
+25.31%
1.95
+632.33%
0.27
General And Administrative Expense
12.12
+62.12%
7.48
+894.41%
0.75
+64.91%
0.46
Salaries And Wages
10.35
+48.69%
6.96
0.00
0.00
Other Gand A
1.77
+256.85%
0.50
+13.50%
0.44
+11.48%
0.39
Other Operating Expenses
5.16
+316.05%
1.24
+23.26%
1.01
+59.94%
0.63
Total Expenses
27.55
+34.87%
20.43
+50.33%
13.59
+85.69%
7.32
Operating Income
-18.60
-58.16%
-11.76
-146.93%
-4.76
-324.42%
-1.12
EBITDA
-18.04
-50.06%
-12.02
-169.47%
-4.46
-425.44%
-0.85
Normalized EBITDA
-18.04
-58.84%
-11.36
-154.58%
-4.46
-425.44%
-0.85
Reconciled Depreciation
0.56
+39.05%
0.40
+33.55%
0.30
+10.26%
0.27
EBIT
-18.60
-49.71%
-12.42
-160.88%
-4.76
-324.42%
-1.12
Total Unusual Items
0.00
+100.00%
-0.66
0.00
0.00
Total Unusual Items Excluding Goodwill
0.00
+100.00%
-0.66
0.00
0.00
Special Income Charges
0.00
+100.00%
-0.66
0.00
0.00
Impairment Of Capital Assets
0.00
-100.00%
0.66
0.00
0.00
Net Income
-18.65
-45.40%
-12.83
-160.55%
-4.92
-299.92%
-1.23
Pretax Income
-18.68
-45.12%
-12.87
-159.46%
-4.96
-300.00%
-1.24
Net Non Operating Interest Income Expense
-0.08
+82.74%
-0.45
-125.25%
-0.20
-67.80%
-0.12
Interest Expense Non Operating
0.08
-82.74%
0.45
+125.25%
0.20
+67.80%
0.12
Net Interest Income
-0.08
+82.74%
-0.45
-125.25%
-0.20
-67.80%
-0.12
Interest Expense
0.08
-82.74%
0.45
+125.25%
0.20
+67.80%
0.12
Other Income Expense
—
-0.66
-1285.71%
0.06
+143.48%
0.02
Other Non Operating Income Expenses
—
—
0.06
+143.48%
0.02
Tax Provision
0.00
0.00
0.00
0.00
Tax Rate For Calcs
0.00
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-18.68
-45.12%
-12.87
-159.46%
-4.96
-300.00%
-1.24
Net Income From Continuing Operation Net Minority Interest
-18.65
-45.40%
-12.83
-160.55%
-4.92
-299.92%
-1.23
Net Income From Continuing And Discontinued Operation
-18.65
-45.40%
-12.83
-160.55%
-4.92
-299.92%
-1.23
Net Income Continuous Operations
-18.68
-45.12%
-12.87
-159.46%
-4.96
-300.00%
-1.24
Minority Interests
0.03
-40.48%
0.04
+13.51%
0.04
+311.11%
0.01
Normalized Income
-18.65
-53.33%
-12.16
-147.06%
-4.92
-299.92%
-1.23
Net Income Common Stockholders
-18.65
-45.40%
-12.83
-160.55%
-4.92
-299.92%
-1.23
Diluted EPS
—
-0.67
-160.55%
-0.26
-299.92%
-0.06
Basic EPS
—
-0.67
-160.55%
-0.26
-299.92%
-0.06
Basic Average Shares
—
19.11
+0.00%
19.11
+0.00%
19.11
Diluted Average Shares
—
19.11
+0.00%
19.11
+0.00%
19.11
Diluted NI Availto Com Stockholders
-18.65
-45.40%
-12.83
-160.55%
-4.92
-299.92%
-1.23
Depreciation Amortization Depletion Income Statement
0.56
+39.05%
0.40
+33.55%
0.30
+10.26%
0.27
Depreciation And Amortization In Income Statement
0.56
+39.05%
0.40
+33.55%
0.30
+10.26%
0.27
Rent And Landing Fees
0.01
-73.91%
0.02
-92.70%
0.32
+392.19%
0.06
Rent Expense Supplemental
0.01
-73.91%
0.02
-92.70%
0.32
+392.19%
0.06
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
9.08
+74.79%
5.20
+20.22%
4.32
+17.15%
3.69
Current Assets
8.19
+83.46%
4.46
+18.48%
3.77
+13.63%
3.31
Cash Cash Equivalents And Short Term Investments
5.52
+225.80%
1.69
-43.66%
3.01
+14.33%
2.63
Cash And Cash Equivalents
5.52
+225.80%
1.69
-43.66%
3.01
+14.33%
2.63
Receivables
0.15
-24.14%
0.20
-13.25%
0.23
+15.84%
0.20
Accounts Receivable
0.01
-63.33%
0.03
-57.14%
0.07
+536.36%
0.01
Other Receivables
0.14
-17.34%
0.17
+5.49%
0.16
-14.14%
0.19
Prepaid Assets
2.38
+621.88%
0.33
-9.86%
0.36
+63.68%
0.22
Current Deferred Assets
0.00
-100.00%
2.08
0.00
—
Other Current Assets
0.14
-11.39%
0.16
-1.86%
0.16
-38.08%
0.26
Total Non Current Assets
0.90
+22.07%
0.73
+32.01%
0.56
+48.27%
0.38
Net PPE
0.15
+154.10%
0.06
+154.17%
0.02
+0.00%
0.02
Gross PPE
0.25
+42.13%
0.18
+117.07%
0.08
+15.49%
0.07
Accumulated Depreciation
-0.10
+16.24%
-0.12
-101.72%
-0.06
-23.40%
-0.05
Machinery Furniture Equipment
0.08
-4.88%
0.08
+0.00%
0.08
+15.49%
0.07
Other Properties
0.17
+82.29%
0.10
—
—
Goodwill And Other Intangible Assets
0.74
+10.10%
0.67
+26.50%
0.53
+51.57%
0.35
Goodwill
0.00
0.00
0.00
—
Other Intangible Assets
0.74
+10.10%
0.67
+26.50%
0.53
+51.57%
0.35
Total Liabilities Net Minority Interest
5.22
-58.67%
12.62
+35.37%
9.32
+142.38%
3.85
Current Liabilities
5.12
-59.28%
12.59
+197.71%
4.23
+9.93%
3.85
Payables And Accrued Expenses
5.05
-31.63%
7.38
+74.67%
4.23
+26.36%
3.35
Payables
4.08
-25.41%
5.46
+60.63%
3.40
+18.83%
2.86
Accounts Payable
4.08
-25.41%
5.46
+60.63%
3.40
+18.83%
2.86
Current Accrued Expenses
0.97
-49.32%
1.92
+132.41%
0.83
+70.87%
0.48
Current Debt And Capital Lease Obligation
0.08
-98.54%
5.20
+121.46%
2.35
+369.80%
0.50
Current Debt
—
5.15
+119.37%
2.35
+369.80%
0.50
Other Current Borrowings
—
2.30
-1.96%
2.35
+369.80%
0.50
Current Capital Lease Obligation
0.08
+55.10%
0.05
0.00
—
Total Non Current Liabilities Net Minority Interest
0.09
+184.38%
0.03
-99.37%
5.09
0.00
Long Term Debt And Capital Lease Obligation
0.06
0.00
-100.00%
5.09
—
Long Term Debt
—
—
5.09
—
Long Term Capital Lease Obligation
0.06
0.00
—
—
Non Current Deferred Liabilities
0.03
+0.00%
0.03
0.00
—
Non Current Deferred Taxes Liabilities
0.03
+0.00%
0.03
0.00
—
Stockholders Equity
3.97
+154.09%
-7.34
-47.98%
-4.96
-3101.29%
-0.15
Common Stock Equity
3.97
+154.09%
-7.34
-47.98%
-4.96
-3101.29%
-0.15
Capital Stock
0.01
+75.00%
0.00
+33.33%
0.00
+0.00%
0.00
Common Stock
0.01
+75.00%
0.00
+33.33%
0.00
+0.00%
0.00
Share Issued
26.29
+37.55%
19.11
+0.00%
19.11
+0.00%
19.11
Ordinary Shares Number
26.29
+37.55%
19.11
+0.00%
19.11
+0.00%
19.11
Additional Paid In Capital
48.40
+159.32%
18.66
+130.38%
8.10
+1.45%
7.99
Retained Earnings
-44.54
-72.03%
-25.89
-98.17%
-13.07
-60.46%
-8.14
Gains Losses Not Affecting Retained Earnings
0.11
+194.87%
-0.12
0.00
—
Minority Interest
-0.10
-31.65%
-0.08
-113.51%
-0.04
-3600.00%
-0.00
Total Equity Gross Minority Interest
3.87
+152.12%
-7.42
-48.47%
-5.00
-3104.49%
-0.16
Total Capitalization
3.97
+154.09%
-7.34
-5662.88%
0.13
+185.16%
-0.15
Working Capital
3.06
+137.70%
-8.12
-1662.26%
-0.46
+13.18%
-0.53
Invested Capital
3.97
+281.37%
-2.19
-1759.09%
0.13
-61.74%
0.34
Total Debt
0.14
-97.40%
5.20
+2.12%
5.09
+918.80%
0.50
Net Debt
—
3.46
+65.74%
2.09
+852.97%
0.22
Capital Lease Obligations
0.14
+175.51%
0.05
0.00
—
Net Tangible Assets
3.23
+140.31%
-8.02
-45.90%
-5.49
-985.77%
-0.51
Tangible Book Value
3.23
+140.31%
-8.02
-45.90%
-5.49
-985.77%
-0.51
Current Notes Payable
0.00
-100.00%
2.85
0.00
-100.00%
0.50
Foreign Currency Translation Adjustments
0.11
+194.87%
-0.12
0.00
—
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
-11.73
-627.85%
-1.61
+58.03%
-3.84
-3329.46%
-0.11
Cash Flow From Continuing Operating Activities
-11.73
-627.85%
-1.61
+58.03%
-3.84
-3329.46%
-0.11
Net Income From Continuing Operations
-18.68
-45.12%
-12.87
-159.46%
-4.96
-300.00%
-1.24
Depreciation Amortization Depletion
0.56
+39.05%
0.40
+33.55%
0.30
+10.26%
0.27
Depreciation
0.07
+20.97%
0.06
+342.86%
0.01
+75.00%
0.01
Amortization Cash Flow
0.48
+42.35%
0.34
+18.47%
0.29
+8.30%
0.27
Depreciation And Amortization
0.56
+39.05%
0.40
+33.55%
0.30
+10.26%
0.27
Amortization Of Intangibles
0.48
+42.35%
0.34
+18.47%
0.29
+8.30%
0.27
Other Non Cash Items
0.08
-82.74%
0.45
—
—
Stock Based Compensation
10.35
+48.69%
6.96
0.00
0.00
Asset Impairment Charge
0.00
-100.00%
0.66
0.00
0.00
Operating Gains Losses
0.36
+7160.00%
0.01
—
0.00
Net Foreign Currency Exchange Gain Loss
0.36
+7160.00%
0.01
0.00
0.00
Gain Loss On Sale Of PPE
0.00
0.00
0.00
-100.00%
0.00
Change In Working Capital
-4.40
-258.36%
2.78
+239.98%
0.82
-4.22%
0.85
Change In Receivables
0.02
-63.46%
0.05
+188.14%
-0.06
-436.36%
-0.01
Changes In Account Receivables
0.02
-63.46%
0.05
+188.14%
-0.06
-436.36%
-0.01
Change In Prepaid Assets
-2.00
-1968.22%
0.11
+768.75%
-0.02
+94.70%
-0.30
Change In Payables And Accrued Expense
-2.34
-189.21%
2.62
+193.62%
0.89
-23.48%
1.17
Change In Accrued Expense
-0.96
-232.19%
0.73
+105.37%
0.35
+15.31%
0.31
Change In Payable
-1.38
-172.72%
1.90
+251.58%
0.54
-37.33%
0.86
Change In Account Payable
-1.38
-172.72%
1.90
+251.58%
0.54
-37.33%
0.86
Change In Other Current Liabilities
-0.09
0.00
0.00
—
Investing Cash Flow
-0.58
-37.44%
-0.42
+12.45%
-0.48
-46.50%
-0.33
Cash Flow From Continuing Investing Activities
-0.58
-37.44%
-0.42
+12.45%
-0.48
-46.50%
-0.33
Net PPE Purchase And Sale
-0.03
-833.33%
-0.00
+80.00%
-0.01
+42.31%
-0.03
Purchase Of PPE
-0.03
-833.33%
-0.00
+80.00%
-0.01
+42.31%
-0.03
Sale Of PPE
0.00
0.00
0.00
0.00
Capital Expenditure
-0.58
-19.59%
-0.48
-0.62%
-0.48
-46.50%
-0.33
Net Business Purchase And Sale
0.00
-100.00%
0.06
0.00
0.00
Net Intangibles Purchase And Sale
-0.55
-14.52%
-0.48
-3.21%
-0.47
-54.13%
-0.30
Purchase Of Intangibles
-0.55
-14.52%
-0.48
-3.21%
-0.47
-54.13%
-0.30
Financing Cash Flow
16.14
+2138.28%
0.72
-84.66%
4.70
+840.00%
0.50
Cash Flow From Continuing Financing Activities
16.14
+2138.28%
0.72
-84.66%
4.70
+840.00%
0.50
Net Issuance Payments Of Debt
-4.76
-270.00%
2.80
-40.43%
4.70
+840.00%
0.50
Issuance Of Debt
0.95
-66.67%
2.85
-45.19%
5.20
+940.00%
0.50
Repayment Of Debt
-5.71
-11320.00%
-0.05
+90.00%
-0.50
0.00
Long Term Debt Issuance
0.00
0.00
-100.00%
5.20
+940.00%
0.50
Long Term Debt Payments
-3.80
-7500.00%
-0.05
+90.00%
-0.50
0.00
Net Long Term Debt Issuance
-3.80
-7500.00%
-0.05
-101.06%
4.70
+840.00%
0.50
Short Term Debt Issuance
0.95
-66.67%
2.85
0.00
—
Short Term Debt Payments
-1.91
0.00
0.00
—
Net Short Term Debt Issuance
-0.96
-133.68%
2.85
0.00
—
Net Common Stock Issuance
20.96
0.00
0.00
—
Cash Dividends Paid
0.00
0.00
0.00
—
Net Other Financing Charges
—
-2.08
—
—
Changes In Cash
3.83
+391.32%
-1.31
-448.28%
0.38
+538.98%
0.06
Beginning Cash Position
1.69
-43.66%
3.01
+14.33%
2.63
+2.29%
2.57
End Cash Position
5.52
+225.80%
1.69
-43.66%
3.01
+14.33%
2.63
Free Cash Flow
-12.31
-487.17%
-2.10
+51.49%
-4.32
-880.27%
-0.44
Interest Paid Supplemental Data
0.06
-82.54%
0.35
0.00
0.00
Income Tax Paid Supplemental Data
—
0.00
0.00
0.00
Common Stock Issuance
20.96
0.00
0.00
—
Interest Paid CFF
-0.06
0.00
0.00
—
Issuance Of Capital Stock
20.96
0.00
0.00
—
Sale Of Business
0.00
-100.00%
0.06
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category