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Consolidated Statements of Income and Comprehensive Income (Loss)
$ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
$ / shares
shares
Dec. 31, 2022
SGD ($)
$ / shares
shares
Dec. 31, 2021
SGD ($)
$ / shares
shares
Dec. 31, 2020
SGD ($)
$ / shares
shares
Income Statement [Abstract]        
Revenues $ 13,899 $ 18,631 $ 14,764 $ 21,397
Cost of revenues (10,073) (13,503) (12,416) (15,493)
Gross profit 3,826 5,128 2,348 5,904
Operating expenses:        
Selling and marketing expenses (20) (27) (22) (20)
General and administrative expenses (2,490) (3,337) (2,267) (2,350)
Total operating expenses (2,510) (3,364) (2,289) (2,370)
Income from operations 1,316 1,764 59 3,534
Other income (loss):        
Other income 404 542 707 753
Interest expense (251) (336) (217) (320)
Other expense (406) (545) (550) (1,623)
Change in fair value in financial instrument 1 2 3 1
Total other income (loss) (252) (337) (57) (1,189)
Income before tax expense 1,064 1,427 2 2,345
Income tax expense (175) (235) (618)
Net income 889 1,192 2 1,727
Other comprehensive income        
Foreign currency translation gain/ (loss), net of taxes 1 2 (24) 54
Total comprehensive income(loss) $ 890 $ 1,194 $ (22) $ 1,781
Net income per share attributable to ordinary shareholders        
basic and diluted | (per share) $ 0.06 $ 0.08 $ 0.00 $ 0.14
Weighted average number of ordinary shares used in computing net income per share        
basic and diluted 14,101,589 14,101,589 12,000,000 12,000,000