v3.26.3
Unaudited Condensed Consolidated Balance Sheets
Jun. 30, 2026
USD ($)
Jun. 30, 2026
SGD ($)
Dec. 31, 2025
SGD ($)
Current assets      
Cash $ 1,332,283 $ 1,724,107 $ 3,807,796
Accounts receivable, net 6,118 7,917
Contract assets – current 4,155,391 5,377,492 4,287,038
Loan receivable – third party 275,824 356,944 1,321,944
Other assets – current 1,075,358 1,391,621 379,857
Total current assets 7,185,258 9,298,443 9,919,477
Non-current assets      
Property and equipment, net 70 90 292
Right-of-use assets, net 301,067 389,611 483,135
Contract assets – non-current 69,478 89,912 89,912
Other assets – non-current 63,075 81,625 69,962
Total non-current assets 433,690 561,238 643,301
Total assets 7,618,948 9,859,681 10,562,778
Current liabilities      
Accounts payable 483,956 626,287 833,095
Contract liabilities 18,153
Other payables and accruals 344,782 446,182 495,072
Loans and borrowings – current 175,235 226,771 217,680
Operating lease liabilities – current 217,682 281,702 328,848
Finance lease liabilities – current 25,199 32,610 42,062
Total current liabilities 2,036,386 2,635,285 2,939,244
Non-current liabilities      
Deferred tax liabilities, net 234,310 303,221 251,466
Loans and borrowings – non-current 188,058 243,366 359,071
Operating lease liabilities – non-current 34,259 44,334 69,156
Finance lease liabilities – non-current 18,899 24,457 38,415
Total non-current liabilities 475,526 615,378 718,108
Total liabilities 2,511,912 3,250,663 3,657,352
Commitments and contingencies
Shareholders’ equity      
Accumulated other comprehensive income 27,826 36,009 17,220
Additional paid-in capital 7,264,448 9,400,952 9,401,440
Accumulated deficit (2,188,048) (2,831,553) (2,516,356)
Total shareholders’ equity 5,107,036 6,609,018 6,905,426
Total liabilities and shareholders’ equity 7,618,948 9,859,681 10,562,778
Class A Ordinary Shares      
Shareholders’ equity      
Ordinary shares value [1],[2] 1,810 2,258 1,770
Class B Ordinary Shares      
Shareholders’ equity      
Ordinary shares value 1,000 1,352 1,352
Related Party      
Current assets      
Amount due from a related party 340,284 440,362 122,842
Current liabilities      
Amount due to a related party $ 789,532 $ 1,021,733 $ 1,004,334
[1] All per share amounts and shares outstanding for all periods have been retroactively adjusted to reflect the 8-for-1 reverse share split for Class A ordinary share of SPRINGVIEW HOLDINGS LTD, which was effective on December 2, 2025.
[2] The shares and per share information are presented on a retrospective basis to reflect the reorganization.