v3.26.1
Consolidated Statements of Cash Flows
12 Months Ended
Mar. 31, 2026
SGD ($)
Mar. 31, 2026
USD ($)
Mar. 31, 2025
SGD ($)
Mar. 31, 2024
SGD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) $ (925,666) $ (717,946) $ 1,016,380 $ 1,779,148
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation expenses 86,805 67,326 131,880 139,944
Inventories written off 31,784
Inventories write-downs to net realizable value 254,483 197,377 218,081
Allowance (Reversal) for inventory obsolescence (29,020) (22,508) 112,133
Reversal of allowance for credit loss (736,926) (571,560) (633,877) (970,035)
Interest expense 152,845 118,547 186,235 150,321
Interest income (120,791) (93,685) (166,379) (128,439)
Property and equipment written off 4,230
Gain on disposal of property and equipment (832,860) (645,966) (1,200) (6,250)
Dividend income (26,119) (60,487)
Fair value (gain) loss on other investment 245,931 190,744 (604) (6,744)
Realized (gain) loss on disposal of other investment 6,700 5,197 (12,157) (366)
Bad debts written off 16,514 12,808 20,218 20,584
Adjustments to reconcile net income to net cash provided by operating activities total (1,881,985) (1,459,666) 514,377 1,283,904
Change in operating assets and liabilities:        
Account receivables (175,996) (136,502) 248,013 993,351
Inventories 524,318 406,661 (131,689) 779,426
Contract assets 111,926 86,809 242,364 (173,169)
Deposit, prepaid expenses and other current (1,665,813) (1,292,006) (77,762) (78,700)
Prepayments (1,535,069) (1,190,600)
Deferred tax assets 216,578 167,978 106,620 123,389
Account payable 346,856 269,022 (311,260) 39,757
Accruals and other payables 330,708 256,497 (81,455) 38,856
Contract liabilities 358,098 277,741 (391,930) 86,519
Tax payables (36,097) (27,997) (34,403) (78,584)
Net cash generated from (used in) operating activities (3,406,476) (2,642,063) 82,875 3,014,749
CASH FLOWS FROM INVESTING ACTIVITIES:        
Purchase of property and equipment (63,938) (49,590) (122,541) (18,535)
Proceeds from disposal of property and equipment 3,500,000 2,714,600 1,200 6,250
Dividend received 26,119 60,487
Interest received 87,718 68,034 231,047 125,296
Net (placement) withdrawal of short-term investment 5,000,000 (1,500,000)
Net purchase of investment securities (11,409,129) (8,848,920) (3,026,532) (35,900)
Net cash (used in) generated from investing activities (7,885,349) (6,115,876) 2,109,293 (1,362,402)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Repayment of working capital loan (10,263,886) (7,960,670) (8,717,095) (7,600,805)
Proceeds from working capital loan 9,537,393 7,397,202 9,138,977 7,009,985
Capitalized offering costs (800,217) (620,648) (364,166)
Repayment of director loan (1,096,831)
Dividends paid (2,800,000) (300,000)
Proceeds from initial public offering 13,330,440 10,339,089
Net cash (used in) generated from financing activities 11,803,730 9,154,973 (3,839,115) (890,820)
Net change in cash and cash equivalents 511,905 397,034 (1,646,947) 761,527
Cash, cash equivalents - beginning of year 778,563 603,853 2,425,510 1,663,983
Cash, cash equivalents - end of year 1,290,468 1,000,887 778,563 2,425,510
SUPPLEMENTAL CASH FLOW INFORMATION:        
Cash paid for interest 152,845 118,547 186,235 150,321
Cash paid for income tax 148,322 115,039 117,999 225,537
NON-CASH TRANSACTION:        
Non-cash recognition of right-of-use assets and lease liabilities 5,321,194
Deferred offering costs reclassified to APIC $ 1,164,383 $ 903,095