v3.26.3
Segment Reporting
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING

Note 17 — SEGMENT REPORTING

 

The following table presents financial information, including significant segment expenses, which are regularly provided to the CODM and included within segment and unaudited condensed consolidated net loss:

 

    For the six months ended June 30,  
    2025     2026     2026  
    S$     S$     $  
Revenue                  
Commercial customers     719,903       1,072,455       828,727  
Residential customers     3,014,130       4,095,256       3,164,559  
Total revenue     3,734,033       5,167,711       3,993,286  
                         
Cost of revenue                        
Subcontracting costs     (787,515 )     (1,901,127 )     (1,469,073 )
Material costs     (907,026 )     (784,941 )     (606,554 )
Labor costs     (573,620 )     (567,174 )     (438,277 )
Equipment rental and site costs     (261,592 )     (288,791 )     (223,160 )
Other direct costs     (375,063 )     (348,176 )     (269,048 )
Total Cost of revenue     (2,904,816 )     (3,890,209 )     (3,006,112 )
Gross profit     829,217       1,277,502       987,174  
                         
Operating expenses                        
Staff expenses     (575,997 )     (611,379 )     (472,436 )
Depreciation and amortization     (23,811 )     (44,101 )     (34,079 )
Lease expenses     (99,916 )     (123,198 )     (95,200 )
Medical and insurance expenses     (101,413 )     (103,171 )     (79,724 )
Transport and entertainment     (20,694 )     (34,831 )     (26,915 )
Professional fees     (323,693 )     (642,694 )     (496,634 )
Bad debt written off     (183,732 )     -       --  
Other miscellaneous expenses     (26,175 )     (4,179 )     (3,229 )
Total operating expenses     (1,355,431 )     (1,563,553 )     (1,208,217 )
                         
Loss from operations     (526,214 )     (286,051 )     (221,043 )
                         
Other income (expenses)                        
Interest expenses, net     (51,346 )     (40,818 )     (31,542 )
Other income     56,587       63,427       49,012  
Total other income, net     5,241       22,609       17,470  
                         
Loss before income taxes     (520,973 )     (263,442 )     (203,573 )
Income tax benefit (expenses)     12,860       (51,755 )     (39,993 )
Net loss     (508,113 )     (315,197 )     (243,566 )