Totm Tech 42F
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Financials
TOTM Technologies Annual Report 2026
Explore the statements
12 tablesConsolidated Statement of Profit or Loss and Other Comprehensive Income - Group
29 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Income statement | |||
| Revenue$'000 | 6,479 | 8,091 | PDF p. 64 |
| Other income$'000 | 277 | 219 | PDF p. 64 |
| Expenses | |||
| Sub-contractor costs and direct costs$'000 | (1,794) | (2,098) | PDF p. 64 |
| Expenses - Employee benefits expenses | |||
| - Project related$'000 | (704) | (978) | PDF p. 64 |
| - Administrative$'000 | (3,555) | (3,584) | PDF p. 64 |
| Expenses | |||
| Share-based payment expense$'000 | (527) | (266) | PDF p. 64 |
| Depreciation and amortisation expenses$'000 | (4,406) | (6,037) | PDF p. 64 |
| Professional expenses$'000 | (862) | (1,333) | PDF p. 64 |
| Impairment loss on goodwill$'000 | – | (20,651) | PDF p. 64 |
| Fair value loss on financial assets at fair value through profit or loss$'000 | (442) | (3,814) | PDF p. 64 |
| Other expenses$'000 | (1,389) | (2,135) | PDF p. 64 |
| Finance costs$'000 | (56) | (114) | PDF p. 64 |
| Fair value loss on remeasurement of retained interest$'000 | (6,494) | – | PDF p. 64 |
| Share of profit from equity-accounted for associate$'000 | 20 | 858 | PDF p. 64 |
| Income statement | |||
| Loss before income tax$'000 | (13,453) | (31,842) | PDF p. 64 |
| Income tax credit$'000 | 462 | 530 | PDF p. 64 |
| Loss for the year$'000 | (12,991) | (31,312) | PDF p. 64 |
| Other comprehensive income - may be reclassified | |||
| Currency translation differences arising on consolidation$'000 | (808) | (397) | PDF p. 64 |
| Other comprehensive income - will not be reclassified | |||
| Actuarial gain on measurement of post-employment benefit plan, net of tax$'000 | 4 | 14 | PDF p. 64 |
| Other comprehensive income | |||
| Other comprehensive loss for the year, net of tax$'000 | (804) | (383) | PDF p. 64 |
| Total comprehensive loss for the year$'000 | (13,795) | (31,695) | PDF p. 64 |
| Loss for the year attributable to | |||
| Equity holders of the Company$'000 | (12,997) | (31,320) | PDF p. 64 |
| Non-controlling interests$'000 | 6 | 8 | PDF p. 64 |
| Subtotal$'000 | (12,991) | (31,312) | PDF p. 64 |
| Total comprehensive loss for the year attributable to | |||
| Equity holders of the Company$'000 | (13,793) | (31,699) | PDF p. 64 |
| Non-controlling interests$'000 | (2) | 4 | PDF p. 64 |
| Subtotal$'000 | (13,795) | (31,695) | PDF p. 64 |
| Loss per share | |||
| Basic and diluted (cents per share)cents per share | (0.88) | (2.31) | PDF p. 64 |
| Totalcents per share | (0.88) | (2.31) | PDF p. 64 |
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Definitions & sources
Original report: PDF p. 64 ↗
For the financial year ended 31 May 2026. The accompanying notes form an integral part of and should be read in conjunction with these financial statements.
Statements of Financial Position - Group
34 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Non-current assets | |||
| Property, plant and equipment$'000 | 652 | 1,924 | PDF p. 65 |
| Intangible assets$'000 | 3,388 | 7,311 | PDF p. 65 |
| Investments in subsidiaries$'000 | – | – | PDF p. 65 |
| Investment in an associate$'000 | – | 13,529 | PDF p. 65 |
| Financial assets at fair value through profit or loss$'000 | 7,991 | 1,388 | PDF p. 65 |
| Deferred tax assets$'000 | 59 | 57 | PDF p. 65 |
| Trade and other receivables$'000 | 35 | 82 | PDF p. 65 |
| Total non-current assets$'000 | 12,125 | 24,291 | PDF p. 65 |
| Current assets | |||
| Contract assets$'000 | 2,682 | 1,939 | PDF p. 65 |
| Amount due from subsidiaries$'000 | – | – | PDF p. 65 |
| Trade and other receivables$'000 | 1,795 | 2,961 | PDF p. 65 |
| Income tax recoverable$'000 | 162 | 34 | PDF p. 65 |
| Cash and cash equivalents$'000 | 6,794 | 818 | PDF p. 65 |
| Total current assets$'000 | 11,433 | 5,752 | PDF p. 65 |
| Assets | |||
| Total assets$'000 | 23,558 | 30,043 | PDF p. 65 |
| Equity | |||
| Share capital$'000 | 165,342 | 156,682 | PDF p. 65 |
| Other reserves$'000 | (45,392) | (43,479) | PDF p. 65 |
| Accumulated losses$'000 | (99,020) | (87,236) | PDF p. 65 |
| Equity attributable to equity holders of the Company$'000 | 20,930 | 25,967 | PDF p. 65 |
| Non-controlling interests$'000 | 75 | 77 | PDF p. 65 |
| Total equity$'000 | 21,005 | 26,044 | PDF p. 65 |
| Non-current liabilities | |||
| Lease liabilities$'000 | 170 | 785 | PDF p. 65 |
| Employee benefit liabilities$'000 | 286 | 300 | PDF p. 65 |
| Deferred tax liabilities$'000 | 670 | 1,299 | PDF p. 65 |
| Provision for reinstatement costs$'000 | – | 81 | PDF p. 65 |
| Total non-current liabilities$'000 | 1,126 | 2,465 | PDF p. 65 |
| Current liabilities | |||
| Contract liabilities$'000 | – | 13 | PDF p. 65 |
| Other payables$'000 | 1,177 | 937 | PDF p. 65 |
| Amounts due to subsidiaries$'000 | – | – | PDF p. 65 |
| Amount due to a director$'000 | – | 200 | PDF p. 65 |
| Lease liabilities$'000 | 250 | 384 | PDF p. 65 |
| Total current liabilities$'000 | 1,427 | 1,534 | PDF p. 65 |
| Liabilities | |||
| Total liabilities$'000 | 2,553 | 3,999 | PDF p. 65 |
| Equity and liabilities | |||
| Total equity and liabilities$'000 | 23,558 | 30,043 | PDF p. 65 |
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Definitions & sources
Original report: PDF p. 65 ↗
As at 31 May 2026. The accompanying notes form an integral part of and should be read in conjunction with these financial statements.
Statements of Financial Position - Company
34 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Company | 2025Company | Source |
|---|---|---|---|
| Non-current assets | |||
| Property, plant and equipment$'000 | 2 | 1,010 | PDF p. 65 |
| Intangible assets$'000 | 71 | 126 | PDF p. 65 |
| Investments in subsidiaries$'000 | 13,698 | 13,698 | PDF p. 65 |
| Investment in an associate$'000 | – | 14,670 | PDF p. 65 |
| Financial assets at fair value through profit or loss$'000 | 7,991 | 1,388 | PDF p. 65 |
| Deferred tax assets$'000 | – | – | PDF p. 65 |
| Trade and other receivables$'000 | – | – | PDF p. 65 |
| Total non-current assets$'000 | 21,762 | 30,892 | PDF p. 65 |
| Current assets | |||
| Contract assets$'000 | – | – | PDF p. 65 |
| Amount due from subsidiaries$'000 | 38 | 86 | PDF p. 65 |
| Trade and other receivables$'000 | 27 | 110 | PDF p. 65 |
| Income tax recoverable$'000 | – | – | PDF p. 65 |
| Cash and cash equivalents$'000 | 5,466 | 35 | PDF p. 65 |
| Total current assets$'000 | 5,531 | 231 | PDF p. 65 |
| Assets | |||
| Total assets$'000 | 27,293 | 31,123 | PDF p. 65 |
| Equity | |||
| Share capital$'000 | 165,342 | 156,682 | PDF p. 65 |
| Other reserves$'000 | 309 | 1,422 | PDF p. 65 |
| Accumulated losses$'000 | (141,248) | (130,927) | PDF p. 65 |
| Equity attributable to equity holders of the Company$'000 | 24,403 | 27,177 | PDF p. 65 |
| Non-controlling interests$'000 | – | – | PDF p. 65 |
| Total equity$'000 | 24,403 | 27,177 | PDF p. 65 |
| Non-current liabilities | |||
| Lease liabilities$'000 | – | 558 | PDF p. 65 |
| Employee benefit liabilities$'000 | – | – | PDF p. 65 |
| Deferred tax liabilities$'000 | – | – | PDF p. 65 |
| Provision for reinstatement costs$'000 | – | 81 | PDF p. 65 |
| Total non-current liabilities$'000 | – | 639 | PDF p. 65 |
| Current liabilities | |||
| Contract liabilities$'000 | – | – | PDF p. 65 |
| Other payables$'000 | 907 | 755 | PDF p. 65 |
| Amounts due to subsidiaries$'000 | 1,983 | 2,100 | PDF p. 65 |
| Amount due to a director$'000 | – | 200 | PDF p. 65 |
| Lease liabilities$'000 | – | 252 | PDF p. 65 |
| Total current liabilities$'000 | 2,890 | 3,307 | PDF p. 65 |
| Liabilities | |||
| Total liabilities$'000 | 2,890 | 3,946 | PDF p. 65 |
| Equity and liabilities | |||
| Total equity and liabilities$'000 | 27,293 | 31,123 | PDF p. 65 |
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Definitions & sources
Original report: PDF p. 65 ↗
As at 31 May 2026. The accompanying notes form an integral part of and should be read in conjunction with these financial statements.
Company columns of the same printed table (page 65); quotes are the full printed rows including Group columns.
Consolidated Statement of Profit or Loss and Other Comprehensive Income (Group)
11 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY ended 31 May 2026, $'000 | 2025Group, FY ended 31 May 2025, $'000 | Source |
|---|---|---|---|
| Profit or loss | |||
| Loss before income tax$'000 | (13,453) | (31,842) | PDF p. 64 |
| Income tax credit$'000 | 462 | 530 | PDF p. 64 |
| Loss for the year$'000 | (12,991) | (31,312) | PDF p. 64 |
| Other comprehensive income - items that may be reclassified | |||
| Currency translation differences arising on consolidation$'000 | (808) | (397) | PDF p. 64 |
| Other comprehensive income - items not reclassified | |||
| Actuarial gain on measurement of post-employment benefit plan, net of tax$'000 | 4 | 14 | PDF p. 64 |
| Other comprehensive income | |||
| Other comprehensive loss for the year, net of tax$'000 | (804) | (383) | PDF p. 64 |
| Total comprehensive loss | |||
| Total comprehensive loss for the year$'000 | (13,795) | (31,695) | PDF p. 64 |
| Loss for the year attributable to | |||
| Equity holders of the Company$'000 | (12,997) | (31,320) | PDF p. 64 |
| Non-controlling interests$'000 | 6 | 8 | PDF p. 64 |
| Total comprehensive loss for the year attributable to | |||
| Equity holders of the Company$'000 | (13,793) | (31,699) | PDF p. 64 |
| Non-controlling interests$'000 | (2) | 4 | PDF p. 64 |
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Definitions & sources
Original report: PDF p. 64 ↗
Only the comprehensive income lines and attributions were extracted for this stage. No separate Company statement of comprehensive income is presented; the Company's loss and total comprehensive loss appears in its statement of changes in equity.
Loss per share basic and diluted (cents): (0.88) in 2026, (2.31) in 2025.
Group Statement of Changes in Equity - year ended 31 May 2026
9 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, Share capital, $'000 | 2026Group, Other reserves, $'000 | 2026Group, Accumulated losses, $'000 | 2026Group, Total attributable to owners of the Company, $'000 | 2026Group, Non-controlling interests, $'000 | 2026Group, Total equity, $'000 | Source |
|---|---|---|---|---|---|---|---|
| Movements FY2026 | |||||||
| At 1 June 2025$'000 | 156,682 | (43,479) | (87,236) | 25,967 | 77 | 26,044 | PDF p. 66 |
| (Loss)/profit for the year$'000 | – | – | (12,997) | (12,997) | 6 | (12,991) | PDF p. 66 |
| Movements FY2026 - Other comprehensive loss | |||||||
| Currency translation differences$'000 | – | (800) | – | (800) | (8) | (808) | PDF p. 66 |
| Actuarial gain on measurement of$'000 | – | – | 4 | 4 | – | 4 | PDF p. 66 |
| Movements FY2026 | |||||||
| Total comprehensive loss for the$'000 | – | (800) | (12,993) | (13,793) | (2) | (13,795) | PDF p. 66 |
| Share-based payment expense/$'000 | – | (682) | 1,209 | 527 | – | 527 | PDF p. 66 |
| Issue of ordinary shares$'000 | 9,171 | (431) | – | 8,740 | – | 8,740 | PDF p. 66 |
| Shares issue expenses$'000 | (511) | – | – | (511) | – | (511) | PDF p. 66 |
| At 31 May 2026$'000 | 165,342 | (45,392) | (99,020) | 20,930 | 75 | 21,005 | PDF p. 66 |
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Definitions & sources
Original report: PDF p. 66 ↗
Printed columns: Attributable to owners of the Company (Share capital, Other reserves, Accumulated losses, Total), Non-controlling interests, Total equity. Note column references: 22 for share issues.
Group Statement of Changes in Equity - year ended 31 May 2025
8 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, Share capital, $'000 | 2025Group, Other reserves, $'000 | 2025Group, Accumulated losses, $'000 | 2025Group, Total attributable to owners of the Company, $'000 | 2025Group, Non-controlling interests, $'000 | 2025Group, Total equity, $'000 | Source |
|---|---|---|---|---|---|---|---|
| Movements FY2025 | |||||||
| At 1 June 2024$'000 | 156,202 | (42,872) | (55,930) | 57,400 | 73 | 57,473 | PDF p. 66 |
| (Loss)/profit for the year$'000 | – | – | (31,320) | (31,320) | 8 | (31,312) | PDF p. 66 |
| Movements FY2025 - Other comprehensive loss | |||||||
| Currency translation differences$'000 | – | (393) | – | (393) | (4) | (397) | PDF p. 66 |
| Actuarial gain on measurement of$'000 | – | – | 14 | 14 | – | 14 | PDF p. 66 |
| Movements FY2025 | |||||||
| Total comprehensive (loss)/income$'000 | – | (393) | (31,306) | (31,699) | 4 | (31,695) | PDF p. 66 |
| Share-based payment expense$'000 | – | 266 | – | 266 | – | 266 | PDF p. 66 |
| Issue of ordinary shares$'000 | 480 | (480) | – | – | – | – | PDF p. 66 |
| At 31 May 2025$'000 | 156,682 | (43,479) | (87,236) | 25,967 | 77 | 26,044 | PDF p. 66 |
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Definitions & sources
Original report: PDF p. 66 ↗
Same column layout as the FY2026 Group table; the non-controlling interests column is the NCI schedule within the statement.
Company Statement of Changes in Equity
10 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Company, Share capital, $'000 (rows span FY2025 and FY2026 as labelled) | 2026Company, Other reserve, $'000 | 2026Company, Accumulated losses, $'000 | 2026Company, Total equity, $'000 | Source |
|---|---|---|---|---|---|
| FY2025 opening | |||||
| At 1 June 2024$'000 | 156,202 | 1,636 | (46,878) | 110,960 | PDF p. 67 |
| FY2025 movements (year ended 31 May 2025) | |||||
| Loss and total comprehensive loss for the year$'000 | – | – | (84,049) | (84,049) | PDF p. 67 |
| Share-based payment expense$'000 | – | 266 | – | 266 | PDF p. 67 |
| Issue of ordinary shares$'000 | 480 | (480) | – | – | PDF p. 67 |
| FY2025 closing / FY2026 opening | |||||
| At 31 May 2025$'000 | 156,682 | 1,422 | (130,927) | 27,177 | PDF p. 67 |
| FY2026 movements (year ended 31 May 2026) | |||||
| Loss and total comprehensive loss for the year$'000 | – | – | (11,530) | (11,530) | PDF p. 67 |
| Share-based payment expense/ (reversal)$'000 | – | (682) | 1,209 | 527 | PDF p. 67 |
| Issue of ordinary shares$'000 | 9,171 | (431) | – | 8,740 | PDF p. 67 |
| Share issue expenses$'000 | (511) | – | – | (511) | PDF p. 67 |
| FY2026 closing | |||||
| At 31 May 2026$'000 | 165,342 | 309 | (141,248) | 24,403 | PDF p. 67 |
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Definitions & sources
Original report: PDF p. 67 ↗
The Company statement is a single sequential table; the year in column metadata is the latest year, and each row's section states the period it belongs to.
Consolidated Statement of Cash Flows (Group)
39 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY ended 31 May 2026, $'000 | 2025Group, FY ended 31 May 2025, $'000 | Source |
|---|---|---|---|
| Operating activities | |||
| Loss before income tax$'000 | (13,453) | (31,842) | PDF p. 68 |
| Operating activities - Adjustments | |||
| Depreciation and amortisation expenses$'000 | 4,406 | 6,037 | PDF p. 68 |
| Share-based payment expense$'000 | 527 | 266 | PDF p. 68 |
| Gain on foreign exchange$'000 | (704) | (58) | PDF p. 68 |
| Defined benefits plans$'000 | (10) | 14 | PDF p. 68 |
| Fair value loss on financial assets at fair value through profit or loss$'000 | 442 | 3,814 | PDF p. 68 |
| Fair value loss on remeasurement of retained interest$'000 | 6,494 | – | PDF p. 68 |
| Fixed assets written off$'000 | 157 | – | PDF p. 68 |
| Gain on lease modification$'000 | (33) | (17) | PDF p. 68 |
| Impairment loss on goodwill$'000 | – | 20,651 | PDF p. 68 |
| Intangible assets written off$'000 | 225 | – | PDF p. 68 |
| Interest expenses$'000 | 56 | 113 | PDF p. 68 |
| Interest income$'000 | (16) | (27) | PDF p. 68 |
| Reversal of provision of reinstatement costs$'000 | (81) | – | PDF p. 68 |
| Share of profit from equity-accounted for associate$'000 | (20) | (858) | PDF p. 68 |
| Operating activities | |||
| Total operating cash flows before movements in working capital$'000 | (2,010) | (1,907) | PDF p. 68 |
| Operating activities - Changes in working capital | |||
| - Contract assets$'000 | (743) | 781 | PDF p. 68 |
| - Trade and other receivables$'000 | 1,213 | 526 | PDF p. 68 |
| - Contract liabilities$'000 | (13) | – | PDF p. 68 |
| - Other payables$'000 | 240 | (131) | PDF p. 68 |
| Operating activities | |||
| Cash used in operations$'000 | (1,313) | (731) | PDF p. 68 |
| Interest received$'000 | 16 | 27 | PDF p. 68 |
| Income tax paid$'000 | (297) | (37) | PDF p. 68 |
| Net cash used in operating activities$'000 | (1,594) | (741) | PDF p. 68 |
| Investing activities | |||
| Purchase of property, plant and equipment$'000 | (36) | (106) | PDF p. 68 |
| Purchase of intangible assets$'000 | – | (28) | PDF p. 68 |
| Proceeds from disposal of property, plant and equipment$'000 | 24 | – | PDF p. 68 |
| Net cash used in investing activities$'000 | (12) | (134) | PDF p. 68 |
| Financing activities | |||
| Net proceeds from issuance of share capital$'000 | 8,229 | – | PDF p. 68 |
| Proceeds from loan from a director$'000 | – | 500 | PDF p. 68 |
| Repayment of loan from a director$'000 | (200) | (300) | PDF p. 68 |
| Repayment of lease liabilities$'000 | (319) | (686) | PDF p. 68 |
| Interest paid$'000 | (56) | (112) | PDF p. 68 |
| (Increase)/decrease in pledged bank deposits$'000 | (143) | 50 | PDF p. 68 |
| Net cash from/(used in) financing activities$'000 | 7,511 | (548) | PDF p. 68 |
| Net change in cash | |||
| Net increase/(decrease) in cash and cash equivalents$'000 | 5,905 | (1,423) | PDF p. 68 |
| Cash and cash equivalents at the beginning of year$'000 | 818 | 2,317 | PDF p. 68 |
| Effect of exchange rate fluctuation on cash and cash equivalents$'000 | (72) | (76) | PDF p. 68 |
| Cash and cash equivalents at the end of financial year$'000 | 6,651 | 818 | PDF p. 68 |
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Definitions & sources
Original report: PDF p. 68 ↗
No separate Company cash flow statement is presented in the report; only the consolidated statement.
Closing cash of 6,651 (2026) differs from balance sheet cash and cash equivalents of 6,794 (page 65); the cash flow statement does not itself explain the difference on this page (cash flow includes pledged deposit movement).
Reconciliation of movements of liabilities to cash flows arising from financing activities - FY2026 (Group)
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, 1 June 2025, $'000 | 2026Group, Financing cash outflows, $'000 | 2026Group, Non-cash: Acquisition, $'000 | 2026Group, Non-cash: Interest expenses, $'000 | 2026Group, Non-cash: Derecognised lease liabilities, $'000 | 2026Group, Non-cash: Gain on lease modification, $'000 | 2026Group, Non-cash: Foreign exchange movement, $'000 | 2026Group, 31 May 2026, $'000 | Source |
|---|---|---|---|---|---|---|---|---|---|
| Liabilities FY2026 | |||||||||
| Lease liabilities (Note 25)$'000 | 1,169 | (371) | 269 | 52 | (630) | (33) | (36) | 420 | PDF p. 69 |
| Amount due to a director$'000 | 200 | (204) | – | 4 | – | – | – | – | PDF p. 69 |
| Total liabilities$'000 | 1,369 | (575) | 269 | 56 | (630) | (33) | (36) | 420 | PDF p. 69 |
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Definitions & sources
Original report: PDF p. 69 ↗
The total row has no printed label.
Reconciliation of movements of liabilities to cash flows arising from financing activities - FY2025 (Group)
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, 1 June 2024, $'000 | 2025Group, Financing cash (outflows)/inflow, $'000 | 2025Group, Non-cash: Acquisition, $'000 | 2025Group, Non-cash: Interest expenses, $'000 | 2025Group, Non-cash: Derecognised lease liabilities, $'000 | 2025Group, Non-cash: Gain on lease modification, $'000 | 2025Group, Non-cash: Foreign exchange movement, $'000 | 2025Group, 31 May 2025, $'000 | Source |
|---|---|---|---|---|---|---|---|---|---|
| Liabilities FY2025 | |||||||||
| Lease liabilities (Note 25)$'000 | 2,101 | (778) | 388 | 92 | (618) | (17) | 1 | 1,169 | PDF p. 69 |
| Amount due to a director$'000 | – | 180 | – | 20 | – | – | – | 200 | PDF p. 69 |
| Total liabilities$'000 | 2,101 | (598) | 388 | 112 | (618) | (17) | 1 | 1,369 | PDF p. 69 |
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Definitions & sources
Original report: PDF p. 69 ↗
The total row has no printed label.
Financial Highlights
18 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY ended 31 May 2026 | 2025Group, FY ended 31 May 2025 | 2024Group, FY ended 31 May 2024 | Source |
|---|---|---|---|---|
| FOR THE YEAR | ||||
| Revenue$'000 | 6,479 | 8,091 | 6,517 | PDF p. 10 |
| Loss before interest, tax, depreciation & amortisation (EBITDA)$'000 | (1,548) | (1,845) | (4,527) | PDF p. 10 |
| Loss before tax$'000 | (13,453) | (31,842) | (12,103) | PDF p. 10 |
| Loss for the year$'000 | (12,991) | (31,312) | (11,517) | PDF p. 10 |
| AT YEAR END | ||||
| Current assets$'000 | 11,433 | 5,752 | 8,943 | PDF p. 10 |
| Total assets$'000 | 23,558 | 30,043 | 63,218 | PDF p. 10 |
| Current liabilities$'000 | 1,427 | 1,534 | 1,804 | PDF p. 10 |
| Total liabilities$'000 | 2,553 | 3,999 | 5,745 | PDF p. 10 |
| Total debts (Including shareholder's loan)$'000 | 420 | 1,369 | 2,101 | PDF p. 10 |
| Equity attributable to owners of the company$'000 | 20,930 | 25,967 | 57,400 | PDF p. 10 |
| Total equity$'000 | 21,005 | 26,044 | 57,473 | PDF p. 10 |
| Number of shares as at 31 Maynumber of shares | 1,739,260,622 | 1,364,990,616 | 1,340,990,616 | PDF p. 10 |
| PROFITABILITY RATIOS | ||||
| Return on shareholders’ equity (%)% | (61.8) | (120.2) | (20.0) | PDF p. 10 |
| Return on total assets (%)% | (55.1) | (104.2) | (18.2) | PDF p. 10 |
| LEVERAGE RATIOS | ||||
| Long-term debt to equity ratio (times)times | 0.01 | 0.03 | 0.02 | PDF p. 10 |
| Total debts to equity ratio (times)times | 0.02 | 0.05 | 0.04 | PDF p. 10 |
| LIQUIDITY ANALYSIS RATIOS | ||||
| Current ratio (times)times | 8.01 | 3.75 | 4.96 | PDF p. 10 |
| Net asset value per share (cents)cents | 1.21 | 1.91 | 4.29 | PDF p. 10 |
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Definitions & sources
Original report: PDF p. 10 ↗
No definitions or footnotes printed for ratios.
Note 11 Loss per share (Group)
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY ended 31 May 2026 | 2025Group, FY ended 31 May 2025 | Source |
|---|---|---|---|
| Loss per share | |||
| Weighted average number of ordinary shares for purposes of basic earnings per share (1) (‘000)'000 shares | 1,473,451 | 1,354,237 | PDF p. 94 |
| Loss for the year from continuing operations ($‘000)$'000 | (12,997) | (31,320) | PDF p. 94 |
| Basic and Diluted loss per share (cents per share)cents per share | (0.88) | (2.31) | PDF p. 94 |
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Definitions & sources
Original report: PDF p. 94 ↗
(1) The weighted average number of ordinary shares has been adjusted for the financial year ended 31 May 2026 to take into effect the new issuance of share capital of 135,000,000 on 26 August 2025 and 220,520,000 on 26 May 2026. 18,750,006 ordinary shares issued on 30 April 2026 pursuant to the vesting of the Company’s Employee Share Awards Scheme are included in accordance with the prescribed service and vesting conditions.
As there are no outstanding dilutive potential ordinary shares, the diluted earnings per ordinary share is accordingly the same as the basic earnings per ordinary share for the respective financial year.
Where the money comes from
Segment information
By geography
Segment information 2026 (Digital Identity, by country) 9 lines
| Item / unit | 2026Singapore | 2026Indonesia | 2026India | 2026USA | 2026Adjustments and eliminations | 2026Group | Source |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Total segment revenue$'000 | 485 | 5,994 | 492 | – | (492) | 6,479 | PDF p. 128 |
| Intersegment revenue$'000 | – | – | (492) | – | 492 | – | PDF p. 128 |
| Results | |||||||
| Operating (loss)/profit$'000 | (13,054) | 671 | 17 | (1) | (1,066) | (13,433) | PDF p. 128 |
| Interest income$'000 | – | 113 | 5 | – | (102) | 16 | PDF p. 128 |
| Finance costs$'000 | (140) | (24) | (3) | – | 111 | (56) | PDF p. 128 |
| (Loss)/profit before tax$'000 | (13,194) | 760 | 19 | (1) | (1,057) | (13,473) | PDF p. 128 |
| Assets | |||||||
| Segment assets$'000 | 28,294 | 8,183 | 261 | 7 | (13,187) | 23,558 | PDF p. 128 |
| Segment assets include additions to non-current assets$'000 | 293 | 10 | 2 | – | – | 305 | PDF p. 128 |
| Liabilities | |||||||
| Segment liabilities$'000 | (9,226) | (632) | (75) | (45) | 7,425 | (2,553) | PDF p. 128 |
Notes
Group is in Digital Identity businesses in Singapore, Indonesia, India and USA. Share of profit from associate 20, income tax credit 462, loss for the year (12,991) are Group-only. Non-cash items (fixed assets written off 157, intangible assets written off 225, fair value loss on other investments 442, fair value loss on remeasurement of retained interest 6,494, D&A 4,406 Group) also printed.
Segment information 2025 (Digital Identity, by country) 9 lines
| Item / unit | 2025Singapore | 2025Indonesia | 2025India | 2025USA | 2025Adjustments and eliminations | 2025Group | Source |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Total segment revenue$'000 | – | 8,091 | 844 | – | (844) | 8,091 | PDF p. 129 |
| Intersegment revenue$'000 | – | – | (844) | – | 844 | – | PDF p. 129 |
| Results | |||||||
| Operating (loss)/profit$'000 | (85,356) | 1,102 | 55 | (1) | 51,587 | (32,613) | PDF p. 129 |
| Interest income$'000 | 3 | 53 | 4 | – | (33) | 27 | PDF p. 129 |
| Finance costs$'000 | (139) | (11) | (4) | – | 40 | (114) | PDF p. 129 |
| (Loss)/profit before tax$'000 | (85,492) | 1,144 | 55 | (1) | 51,594 | (32,700) | PDF p. 129 |
| Assets | |||||||
| Segment assets$'000 | 32,311 | 8,448 | 382 | 8 | (11,106) | 30,043 | PDF p. 129 |
| Segment assets include additions to non-current assets$'000 | 26 | 442 | 54 | – | – | 522 | PDF p. 129 |
| Liabilities | |||||||
| Segment liabilities$'000 | (8,805) | (712) | (182) | (46) | 5,746 | (3,999) | PDF p. 129 |
Notes
Group-only: share of profit from associate 858, income tax credit 530, loss for the year (31,312). Non-cash: impairment of investment in subsidiaries Singapore 75,789, elimination (75,789); fair value loss on other investments 3,814; D&A Group 6,037.
Debt
Borrowings
Company liquidity risk: undiscounted lease liabilities maturity
| Item / unit | 202531 May 2025: Less than 1 year | 202531 May 2025: 1 to 5 years | 202531 May 2025: Total | Source |
|---|---|---|---|---|
| 31 May 2025 Undiscounted financial liabilities (Effective interest rate 5.0%) | ||||
| Lease liabilities$'000 | 286 | 588 | 874 | PDF p. 123 |
Notes
No lease liabilities in the Company 31 May 2026 table.
Borrowing notes 1 tables
Carrying amount of lease liabilities (Note 25)
| Item / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Carrying amount of lease liabilities | |||||
| Current$'000 | 250 | 384 | – | 252 | PDF p. 111 |
| Non-current$'000 | 170 | 785 | – | 558 | PDF p. 111 |
| Total lease liabilities$'000 | 420 | 1,169 | – | 810 | PDF p. 111 |
Notes
Total row has no printed label; label descriptive. No bank borrowings are reported; the only debt-like item is lease liabilities. Leases have average tenure of two to five years.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Provision 11.6 | The Company does not have a formal dividend policy. The form, frequency and amount of dividends will depend on the Group’s earnings, financial position, results of operations, capital needs, plans for expansion, and other factors as the Board may deem appropriate. | Company FY2026 | PDF p. 45 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Board dividend recommendation FY2026 | The Board has not recommended any dividend for FY2026 due to the Group’s loss-making position and the Board wishes to conserve cash for working capital purposes. | Company FY2026 | PDF p. 45 |
Extracted from TOTM Technologies Annual Report 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| FORVIS MAZARS LLP | FORVIS MAZARS LLP | Group | PDF p. 63 |
| engagement partner | Chin Chee Choon | Group | PDF p. 63 |
| Opinion | properly drawn up in accordance with the provisions of the Companies Act 1967 (the “Act”) and Singapore Financial Reporting Standards (International) (“SFRS(I)s”) so as to give a true and fair view | Group and Company | PDF p. 60 |
Going concern
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Going concern | there is no material uncertainty relating to the Group’s ability to continue as a going concern for the foreseeable future | Group | PDF p. 70 |
| Going concern | These factors indicate the existence of events or conditions which may cast significant doubt over the Group’s ability to continue as a going concern. | Group | PDF p. 70 |
Extracted from TOTM Technologies Annual Report 2026 and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow TOTM Technologies Annual Report 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.