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Segmental reporting | 12 Months Ended
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Dec. 31, 2025
Segment Reporting [Abstract] |
Segmental reporting | 15 Segmental reporting An operating segment is a component of the Company that engages in business activities from which it may earn revenues and incur expenses, and is identified on the basis of the internal financial reports that are provided to and regularly reviewed by the Company’s chief operating decision maker in order to allocate resources and assess performance of the segment. In accordance with ASC 280, Segment Reporting, operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”), or decision making group, in deciding how to allocate resources and in assessing performance. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. Management, including the chief operating decision maker, reviews operation results by the revenue of different services. Based on management’s assessment, the Company has determined that it has two operating segments as defined by ASC 280 as follow:
| 1. | Sale of autonomous robotic cleaning equipment: Sale, warranty and maintenance of robots (“Robots”)
| 2. | Sale of facilities management software (“Facilities management software”)
SIMPPLE LTD. AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 15 Segmental reporting (cont’d) The following tables present summary information by segment for the years ended December 31, 2023, 2024 and 2025, respectively: Schedule of Information by segments
|  | Robots |  |  | Software services rendered |  |  | Others |  |  | Total |
|  | For the year ended December 31, 2023 |
|  | Robots |  |  | Software services rendered |  |  | Others |  |  | Total |
|  | S$ |  |  | S$ |  |  | S$ |  |  | S$ |
Revenue |  |  | 3,633,740 |  |  |  | 1,053,185 |  |  |  | - |  |  |  | 4,686,925 |
Cost of revenues |  |  | (1,985,601 | ) |  |  | (258,885 | ) |  |  | - |  |  |  | (2,244,486 | )
Gross profit |  |  | 1,648,139 |  |  |  | 794,300 |  |  |  | - |  |  |  | 2,442,439 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative expenses |  |  | (91,391 | ) |  |  | (4,369,709 | ) |  |  | (526,398 | ) |  |  | (4,987,498 | )
IPO related expenses |  |  | - |  |  |  | - |  |  |  | (5,003,802 | ) |  |  | (5,003,802 | )
Total operating expenses |  |  | (91,391 | ) |  |  | (4,369,709 | ) |  |  | (5,530,200 | ) |  |  | (9,991,300 | )
Income (loss) from operations |  |  | 1,556,748 |  |  |  | (3,575,409 | ) |  |  | (5,530,200 | ) |  |  | (7,548,861 | )
Other income (loss), net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other income |  |  | 94,514 |  |  |  | 163,606 |  |  |  | 7,088 |  |  |  | 265,208 |
Interest expense |  |  | (14,070 | ) |  |  | (168,976 | ) |  |  | - |  |  |  | (183,046 | )
Other expense |  |  | - |  |  |  | (18,678 | ) |  |  | (62,410 | ) |  |  | (81,088 | )
Total other income (loss) |  |  | 80,444 |  |  |  | (24,048 | ) |  |  | (55,322 | ) |  |  | 1,074 |
Income (loss) before tax expense |  |  | 1,637,192 |  |  |  | (3,599,457 | ) |  |  | (5,585,522 | ) |  |  | (7,547,787 | )
Income tax expense |  |  | - |  |  |  | (11,024 | ) |  |  | (12,062 | ) |  |  | (23,086 | )
Net income (loss) |  |  | 1,637,192 |  |  |  | (3,610,481 | ) |  |  | (5,597,584 | ) |  |  | (7,570,873 | )
SIMPPLE LTD. AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 15 Segmental reporting (cont’d)
|  | Robots |  |  | Software services rendered |  |  | Others |  |  | Total |
|  | For the year ended December 31, 2024 |
|  | Robots |  |  | Software services rendered |  |  | Others |  |  | Total |
|  | S$ |  |  | S$ |  |  | S$ |  |  | S$ |
Revenue |  |  | 1,535,783 |  |  |  | 2,237,541 |  |  |  | - |  |  |  | 3,773,324 |
Cost of revenues |  |  | (768,545 | ) |  |  | (743,382 | ) |  |  | - |  |  |  | (1,511,927 | )
Gross profit |  |  | 767,238 |  |  |  | 1,494,159 |  |  |  | - |  |  |  | 2,261,397 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative expenses |  |  | (869,078 | ) |  |  | (4,360,352 | ) |  |  | (1,454,298 | ) |  |  | (6,683,728 | )
Total operating expenses |  |  | (869,078 | ) |  |  | (4,360,352 | ) |  |  | (1,454,298 | ) |  |  | (6,683,728 | )
Loss from operations |  |  | (101,840 | ) |  |  | (2,866,193 | ) |  |  | (1,454,298 | ) |  |  | (4,422,331 | )
Other income, net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other income |  |  | 22,500 |  |  |  | 153,109 |  |  |  | 931 |  |  |  | 176,540 |
Interest expense |  |  | (662 | ) |  |  | (33,573 | ) |  |  | (611 | ) |  |  | (34,846 | )
Other expense |  |  | (7,218 | ) |  |  | (13,621 | ) |  |  | (31 | ) |  |  | (20,870 | )
Total other income |  |  | 14,620 |  |  |  | 105,915 |  |  |  | 289 |  |  |  | 120,824 |
Loss before tax expense |  |  | (87,220 | ) |  |  | (2,760,278 | ) |  |  | (1,454,009 | ) |  |  | (4,301,507 | )
Income tax expense |  |  | 345,455 |  |  |  | 11,025 |  |  |  | 12,062 |  |  |  | 368,542 |
Net income (loss) |  |  | 258,235 |  |  |  | (2,749,253 | ) |  |  | (1,441,947 | ) |  |  | (3,932,965 | )
SIMPPLE LTD. AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 15 Segmental reporting (cont’d)
|  | Robots |  |  | Software services rendered |  |  | Others |  |  | Total |
|  | For the year ended December 31, 2025 |
|  | Robots |  |  | Software services rendered |  |  | Others |  |  | Total |
|  | S$ |  |  | S$ |  |  | S$ |  |  | S$ |
Revenue |  |  | 4,427,369 |  |  |  | 1,480,612 |  |  |  | - |  |  |  | 5,907,981 |
Cost of revenues |  |  | (2,633,026 | ) |  |  | (344,790 | ) |  |  | - |  |  |  | (2,977,816 | )
Gross profit |  |  | 1,794,343 |  |  |  | 1,135,822 |  |  |  | - |  |  |  | 2,930,165 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative expenses |  |  | (1,347,704 | ) |  |  | (3,702,047 | ) |  |  | (1,593,395 | ) |  |  | (6,643,146 | )
Total operating expenses |  |  | (1,347,704 | ) |  |  | (3,702,047 | ) |  |  | (1,593,395 | ) |  |  | (6,643,146 | )
Loss from operations |  |  | 446,639 |  |  |  | (2,566,225 | ) |  |  | (1,593,395 | ) |  |  | (3,712,981 | )
Other income (loss), net: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other income |  |  | - |  |  |  | 55,039 |  |  |  | - |  |  |  | 55,039 |
Interest expense |  |  | - |  |  |  | (503,963 | ) |  |  | 611 |  |  |  | (503,352 | )
Other expense |  |  | 60,389 |  |  |  | (47,432 | ) |  |  | (36,855 | ) |  |  | (23,898 | )
Total other income (loss) |  |  | 60,389 |  |  |  | (496,356 | ) |  |  | (36,244 | ) |  |  | (472,211 | )
Income (loss) before tax expense |  |  | 507,028 |  |  |  | (3,062,581 | ) |  |  | (1,629,639 | ) |  |  | (4,185,192 | )
Income tax expense |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Net income (loss) |  |  | 507,028 |  |  |  | (3,062,581 | ) |  |  | (1,629,639 | ) |  |  | (4,185,192 | )
The Company sells to mainly two geographical locations which are Singapore and Australia. In the following table, revenue is disaggregated by the timing of revenue recognition. Schedule of disaggregated by the timing of revenue recognition
|  | Robots |  |  | Facilities Management Software |  |  | Total |
|  | For the year ended December 31, 2023 |
|  | Robots |  |  | Facilities Management Software |  |  | Total |
|  | S$ |  |  | S$ |  |  | S$ |
Point in time |  |  | 3,385,605 |  |  |  | 167,736 |  |  |  | 3,553,341 |
Over time |  |  | 248,135 |  |  |  | 885,449 |  |  |  | 1,133,584 |
|  | Robots |  |  | Facilities Management Software |  |  | Total |
|  | For the year ended December 31, 2024 |
|  | Robots |  |  | Facilities Management Software |  |  | Total |
|  | S$ |  |  | S$ |  |  | S$ |
Point in time |  |  | 1,031,350 |  |  |  | 1,000,734 |  |  |  | 2,032,084 |
Over time |  |  | 504,433 |  |  |  | 1,236,807 |  |  |  | 1,741,240 |
SIMPPLE LTD. AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 15 Segmental reporting (cont’d)
|  | Robots |  |  | Facilities Management Software |  |  | Total |
|  | For the year ended December 31, 2025 |
|  | Robots |  |  | Facilities Management Software |  |  | Total |
|  | S$ |  |  | S$ |  |  | S$ |
Point in time |  |  | 3,684,257 |  |  |  | 610,674 |  |  |  | 4,294,931 |
Over time |  |  | 743,112 |  |  |  | 869,938 |  |  |  | 1,613,050 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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