Santak 580

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Financials

Annual Report 2026

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10 tables

Consolidated Income Statement (Group)

17 metrics

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Consolidated Income Statement (Group) from Annual Report 2026
Metric / unit 2026Group2025Group Source
Income statement
Revenue$ 6,954,8607,365,107 PDF p. 22
Cost of sales$ (7,265,085)(7,677,335) PDF p. 22
Gross loss$ (310,225)(312,228) PDF p. 22
Other income$ 51,57542,468 PDF p. 22
Distribution and selling expenses$ (785,378)(699,986) PDF p. 22
Administrative expenses$ (1,440,909)(1,459,822) PDF p. 22
Other expenses$ (12,802)(43,220) PDF p. 22
Results from operating activities$ (2,497,739)(2,472,788) PDF p. 22
Finance costs$ (26,534)(21,811) PDF p. 22
Finance income$ 20,832103,362 PDF p. 22
Net finance (loss)/income$ (5,702)81,551 PDF p. 22
Loss before tax$ (2,503,441)(2,391,237) PDF p. 22
Taxation$ 233660 PDF p. 22
Loss for the year$ (2,503,208)(2,390,577) PDF p. 22
Loss attributable to
Owners of the Company$ (2,503,208)(2,390,577) PDF p. 22
Loss per share attributable to owners of the Company (cents per share)
Basiccents per share (2.33)(2.22) PDF p. 22
Dilutedcents per share (2.33)(2.22) PDF p. 22
Definitions & sources

Currency $ as printed. No separate Company income statement is presented.

Consolidated Statement of Comprehensive Income (Group)

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Consolidated Statement of Comprehensive Income (Group) from Annual Report 2026
Metric / unit 2026Group2025Group Source
Comprehensive income
Loss for the year$ (2,503,208)(2,390,577) PDF p. 23
Other comprehensive income: Item that may be reclassified subsequently to profit or loss
Foreign currency translation differences$ 191,097124,790 PDF p. 23
Other comprehensive income
Total other comprehensive income for the year, net of taxation$ 191,097124,790 PDF p. 23
Comprehensive income
Total comprehensive loss for the year$ (2,312,111)(2,265,787) PDF p. 23
Total comprehensive loss attributable to
Owners of the Company$ (2,312,111)(2,265,787) PDF p. 23
Definitions & sources

Currency $ as printed.

Statements of Financial Position (Group and Company)

25 metrics

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Statements of Financial Position (Group and Company) from Annual Report 2026
Metric / unit 2026Group2025Group2026Company2025Company Source
Non-current assets
Property, plant and equipment$ 3,531,7263,504,06239,64447,573 PDF p. 24
Right-of-use assets$ 368,810606,840-- PDF p. 24
Investments in subsidiary companies$ --6,369,1048,356,335 PDF p. 24
Intangible assets$ 2677,907-- PDF p. 24
Deferred tax assets$ 8,4688,2358,4688,235 PDF p. 24
Trade and other receivables$ 95,77795,444-- PDF p. 24
Subtotal$ 4,005,0484,222,4886,417,2168,412,143 PDF p. 24
Current assets
Inventories$ 622,955296,272-- PDF p. 24
Trade and other receivables$ 1,734,9641,415,7392,099,8882,073,731 PDF p. 24
Prepayments$ 80,10977,37227,01823,115 PDF p. 24
Loan to a subsidiary company$ ---- PDF p. 24
Cash and cash equivalents$ 1,486,5523,620,64627,96123,312 PDF p. 24
Subtotal$ 3,924,5805,410,0292,154,8672,120,158 PDF p. 24
Current liabilities
Trade and other payables$ 2,314,6801,469,525379,390337,856 PDF p. 24
Lease liabilities$ 259,334235,933-- PDF p. 24
Subtotal$ 2,574,0141,705,458379,390337,856 PDF p. 24
Net current assets
Net current assets$ 1,350,5663,704,5711,775,4771,782,302 PDF p. 24
Non-current liabilities
Lease liabilities$ 186,171445,505-- PDF p. 24
Provisions$ 35,00035,000-- PDF p. 24
Subtotal$ 221,171480,505-- PDF p. 24
Net assets
Net assets$ 5,134,4437,446,5548,192,69310,194,445 PDF p. 24
Equity attributable to owners of the Company
Share capital$ 12,852,18712,852,18712,852,18712,852,187 PDF p. 24
Translation reserve$ 128,904(62,193)-- PDF p. 24
Accumulated losses$ (7,846,648)(5,343,440)(4,659,494)(2,657,742) PDF p. 24
Subtotal$ 5,134,4437,446,5548,192,69310,194,445 PDF p. 24
Definitions & sources

Currency $ as printed. Subtotal rows have no printed label.

Consolidated Statement of Comprehensive Income

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Consolidated Statement of Comprehensive Income from Annual Report 2026
Metric / unit 2026Group, year ended 30 June 2026, $2025Group, year ended 30 June 2025, $ Source
Profit
Loss for the year$ (2,503,208)(2,390,577) PDF p. 23
Other comprehensive income: Item that may be reclassified subsequently to profit or loss
Foreign currency translation differences$ 191,097124,790 PDF p. 23
Other comprehensive income
Total other comprehensive income for the year, net of taxation$ 191,097124,790 PDF p. 23
Total comprehensive loss
Total comprehensive loss for the year$ (2,312,111)(2,265,787) PDF p. 23
Total comprehensive loss attributable to
Owners of the Company$ (2,312,111)(2,265,787) PDF p. 23
Definitions & sources

The accompanying accounting policies and explanatory notes form an integral part of the financial statements.

No non-controlling interests shown; all attributable to owners of the Company.

Consolidated Statement of Changes in Equity - Group 2026

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Consolidated Statement of Changes in Equity - Group 2026 from Annual Report 2026
Metric / unit 2026Group, Share capital (Note 19), $2026Group, Accumulated losses, $2026Group, Translation reserve (Note 20), $2026Group, Total equity, $ Source
2026
At 1 July 2025$ 12,852,187(5,343,440)(62,193)7,446,554 PDF p. 25
Loss for the year$ -(2,503,208)-(2,503,208) PDF p. 25
2026 Other comprehensive income
Foreign currency translation differences$ --191,097191,097 PDF p. 25
Other comprehensive income for the year, net of taxation$ --191,097191,097 PDF p. 25
2026
Total comprehensive loss for the year$ -(2,503,208)191,097(2,312,111) PDF p. 25
At 30 June 2026$ 12,852,187(7,846,648)128,9045,134,443 PDF p. 25
Definitions & sources

The accompanying accounting policies and explanatory notes form an integral part of the financial statements

Consolidated Statement of Changes in Equity - Group 2025

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Consolidated Statement of Changes in Equity - Group 2025 from Annual Report 2026
Metric / unit 2025Group, Share capital (Note 19), $2025Group, Accumulated losses, $2025Group, Translation reserve (Note 20), $2025Group, Total equity, $ Source
2025
At 1 July 2024$ 12,852,187(2,952,863)(186,983)9,712,341 PDF p. 25
Loss for the year$ -(2,390,577)-(2,390,577) PDF p. 25
2025 Other comprehensive loss
Foreign currency translation differences$ --124,790124,790 PDF p. 25
Other comprehensive loss for the year, net of taxation$ --124,790124,790 PDF p. 25
2025
Total comprehensive loss for the year$ -(2,390,577)124,790(2,265,787) PDF p. 25
At 30 June 2025$ 12,852,187(5,343,440)(62,193)7,446,554 PDF p. 25
Definitions & sources

The accompanying accounting policies and explanatory notes form an integral part of the financial statements

Consolidated Statement of Cash Flows

33 metrics

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Consolidated Statement of Cash Flows from Annual Report 2026
Metric / unit 2026Group, year ended 30 June 2026, $2025Group, year ended 30 June 2025, $ Source
Cash flows from operating activities
Loss before tax$ (2,503,441)(2,391,237) PDF p. 26
Operating - Adjustments for
Depreciation of property, plant and equipment$ 152,471172,871 PDF p. 26
Depreciation of right-of-use assets$ 238,030174,685 PDF p. 26
Amortisation of intangible assets$ 1,1643,172 PDF p. 26
Write-off of property, plant and equipment$ 219- PDF p. 26
Gain on sale of intangible assets$ (8,347)- PDF p. 26
Gain on sale of property, plant and equipment$ (1,845)(2,413) PDF p. 26
Interest expense - lease liabilities$ 26,53421,811 PDF p. 26
Interest income$ (20,832)(103,362) PDF p. 26
Write-off of inventories$ 5411,703 PDF p. 26
Write-back of inventories, net$ (5,263)(9,638) PDF p. 26
Unrealised exchange loss$ 2,798201 PDF p. 26
Operating
Operating cash flows before changes in working capital$ (2,117,971)(2,132,207) PDF p. 26
Changes in working capital: (Increase)/decrease in
Inventories$ (314,589)356,937 PDF p. 26
Trade and other receivables$ (300,346)98,023 PDF p. 26
Prepayments$ (335)(8,448) PDF p. 26
Changes in working capital: Increase/(decrease) in
Trade and other payables$ 825,782(7,798) PDF p. 26
Operating
Total changes in working capital$ 210,512438,714 PDF p. 26
Cash flows from operations$ (1,907,459)(1,693,493) PDF p. 26
Interest received$ 20,832123,126 PDF p. 26
Net cash flows used in operating activities$ (1,886,627)(1,570,367) PDF p. 26
Cash flows from investing activities
Purchase of property, plant and equipment$ (7,462)(16,392) PDF p. 27
Purchase of intangible assets$ (159)(287) PDF p. 27
Proceeds from disposal of intangible assets$ 15,000- PDF p. 27
Proceeds from sale of property, plant and equipment$ 1,8452,420 PDF p. 27
Net cash flows generated from/(used in) investing activities$ 9,224(14,259) PDF p. 27
Cash flows from financing activities
Interest paid$ (26,534)(21,811) PDF p. 27
Payment of principal portion of lease liabilities$ (235,933)(124,503) PDF p. 27
Net cash flows used in financing activities$ (262,467)(146,314) PDF p. 27
Net change in cash
Net decrease in cash and cash equivalents$ (2,139,870)(1,730,940) PDF p. 27
Effect of exchange rate changes on cash and cash equivalents$ 5,776(13,986) PDF p. 27
Cash and cash equivalents at beginning of year$ 3,620,6465,365,572 PDF p. 27
Cash and cash equivalents at end of year$ 1,486,5523,620,646 PDF p. 27
Definitions & sources

Statement spans pages 26-27. The accompanying accounting policies and explanatory notes form an integral part of the financial statements.

Financial Highlights (charts): FY2024-FY2026

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Financial Highlights (charts): FY2024-FY2026 from Annual Report 2026
Metric / unit 2024Group, FY20242025Group, FY20252026Group, FY2026 Source
Per share
BASIC/DILUTED LOSS PER SHARE (In Cents)cents (2.53)(2.22)(2.33) PDF p. 9
Income
LOSS AFTER TAX (In S$Million)S$ million (2.7)(2.4)(2.5) PDF p. 9
Definitions & sources

Values read from bar-chart data labels; text extraction is interleaved. The FY2024 turnover label could be 8.2 or the stray 8.6 also present in the extracted text; the 8.2 assignment is not certain. Bar-to-year mapping for turnover and NAV inferred from chart order.

Consolidated Income Statement - loss per share (cents per share)

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Consolidated Income Statement - loss per share (cents per share) from Annual Report 2026
Metric / unit 2026Group, FY ended 30 June 20262025Group, FY ended 30 June 2025 Source
Loss per share attributable to owners of the Company
Basiccents per share (2.33)(2.22) PDF p. 22
Dilutedcents per share (2.33)(2.22) PDF p. 22
Definitions & sources

Note 8 Loss per share - share data

1 metrics

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Note 8 Loss per share - share data from Annual Report 2026
Metric / unit 2026Group2025Group Source
Loss per share
Weighted average number of ordinary shares for basic and diluted loss per share computationnumber of shares 107,580,980107,580,980 PDF p. 47
Definitions & sources

Basic and diluted loss per share are calculated by dividing the loss for the year attributable to owners of the Company by the weighted average number of ordinary shares. No share options were granted in FY2026 or FY2025.

Where the money comes from

Segment information

By business

Operating segments, Group 15 lines
Operating segments, Group — Group
Item / unit 2026Precision engineering2026Trading and distribution2026Investment and management services2026Adjustments and eliminations2026Total2025Precision engineering2025Trading and distribution2025Investment and management services2025Adjustments and eliminations2025Total Source
Revenue
Sales to external customers$ 3,480,8003,474,060--6,954,8603,379,2323,985,875--7,365,107 PDF p. 72PDF p. 73
Inter-segment sales$ --1,068,000(1,068,000)---1,068,000(1,068,000)- PDF p. 72PDF p. 73
Total revenue$ 3,480,8003,474,0601,068,000(1,068,000)6,954,8603,379,2323,985,8751,068,000(1,068,000)7,365,107 PDF p. 72PDF p. 73
Results
Interest income$ 20,832---20,832103,362---103,362 PDF p. 72PDF p. 73
Interest expense - lease liabilities$ (26,534)---(26,534)(21,811)---(21,811) PDF p. 72PDF p. 73
Depreciation of plant and equipment$ (143,057)(255)(9,159)-(152,471)(163,311)(410)(9,150)-(172,871) PDF p. 72PDF p. 73
Depreciation of right-of-use assets$ (238,030)---(238,030)(174,685)---(174,685) PDF p. 72PDF p. 73
Amortisation of intangible assets$ (1,164)---(1,164)(3,074)-(98)-(3,172) PDF p. 72PDF p. 73
Impairment loss on loan to a subsidiary company$ ---------- PDF p. 72PDF p. 73
Other non-cash movements$ 14,695---14,69510,348---10,348 PDF p. 72PDF p. 73
Taxation$ --233-233--660-660 PDF p. 72PDF p. 73
Segment (loss)/profit$ (2,499,517)2,185(2,001,752)1,995,876(2,503,208)(2,416,857)53,976(14,039)(13,657)(2,390,577) PDF p. 72PDF p. 73
Assets
Additions to non-current assets$ 6,391-1,230-7,62114,5856151,479-16,679 PDF p. 72PDF p. 73
Segment assets$ 6,960,9671,697,4758,572,083(9,300,897)7,929,6288,388,0481,516,92110,524,066(10,804,753)9,624,282 PDF p. 72PDF p. 73
Liabilities
Segment liabilities$ 8,751,493626,094379,390(6,961,792)2,795,1857,862,258464,265337,856(6,478,416)2,185,963 PDF p. 72PDF p. 73
Notes

Notes A-F: A Inter-segment revenues are eliminated on consolidation. B Allowance for impairment loss for loan to a subsidiary, Santak Metal Manufacturing Pte. Ltd. C Other non-cash movements consist of net write-back of inventories $5,263 (2025: $9,638), write-off of inventories $541 (2025: $1,703), gain on sale of intangible assets $8,347 (2025: $Nil), gain on sale of PPE $1,845 (2025: $2,413) and write-off of PPE $219 (2025: $Nil). D Additions to non-current assets mainly comprises additions to property, plant and equipment. E Deducted from segment assets: Investments in subsidiary companies (6,369,104) (2025: (8,356,335)); Inter-segment assets (2,931,793) (2025: (2,448,418)); total (9,300,897) (2025: (10,804,753)). F Inter-segment liabilities deducted: (6,961,792) (2025: (6,478,416)).

Segment performance is evaluated based on operating profit or loss, measured differently in certain respects from the consolidated financial statements.

Notes A-F as printed on page 72 (see 2026 table notes). Note markers A-F appear at differing positions in the printed 2025 table.

Information about major customers 6 lines
Information about major customers — Group
Item / unit 2026revenue from major customers2025revenue from major customers Source
Major customers
Customer A$ 2,724,43912,424 PDF p. 75
Customer B$ 2,102,6642,465,860 PDF p. 75
Customer C$ 1,279,1191,332,055 PDF p. 75
Customer D$ 400,014938,275 PDF p. 75
Customer E$ 97,3372,206,685 PDF p. 75
Total (unlabelled)$ 6,603,5736,955,299 PDF p. 75
Notes

The Group derives revenue from five (2025: five) major customers from precision engineering segment and trading and distribution segment respectively. The total row has no printed label.

By geography

Geographical segments 7 lines
Geographical segments — Group
Item / unit 2026Revenue (by location of customers)2026Non-current assets (by location of assets)2025Revenue (by location of customers)2025Non-current assets (by location of assets) Source
Singapore$ 165,070563,056144,518847,927 PDF p. 75
United States of America$ 3,387,096-3,881,642- PDF p. 75
Malaysia$ 2,835,4483,441,992150,1703,374,561 PDF p. 75
Ireland$ 400,014-938,275- PDF p. 75
Thailand$ 134,969-2,227,265- PDF p. 75
Others$ 32,263-23,237- PDF p. 75
Total$ 6,954,8604,005,0487,365,1074,222,488 PDF p. 75
Notes

Non-current assets consist of property, plant and equipment, right-of-use assets, intangible assets, deferred tax assets and other receivables as presented in the consolidated statement of financial position.

Same footnote on non-current assets as the 2026 geographical table.

Debt

Borrowings

Contractual undiscounted maturity of lease liabilities

Contractual undiscounted maturity of lease liabilities — Group 2026
Item / unit 2026Within 1 year20261 to 5 years2026Total Source
2026 Financial liabilities and lease liabilities
Lease liabilities$ (274,521)(189,404)(463,925) PDF p. 67
Notes

Contractual undiscounted payments. No 'after five years' bucket is printed.

Contractual undiscounted maturity of lease liabilities

Contractual undiscounted maturity of lease liabilities
Item / unit 2026Group 2026 – Within 1 year2026Group 2026 – 1 to 5 years2026Group 2026 – Total2025Group 2025 – Within 1 year2025Group 2025 – 1 to 5 years2025Group 2025 – Total Source
Financial liabilities and lease liabilities
Lease liabilities$ (274,521)(189,404)(463,925)(262,470)(463,925)(726,395) PDF p. 67
Notes

Contractual undiscounted payments. No 'after five years' bucket is printed.

Borrowing notes 1 tables

Lease liabilities – current and non-current

Lease liabilities – current and non-current — Group
Item / unit 202630 June 2026202530 June 2025 Source
Lease liabilities
Current$ 259,334235,933 PDF p. 61
Non-current$ 186,171445,505 PDF p. 61
Notes

There are no right-of-use assets and lease liabilities in the Company.

Payout

Dividends & distributions

Dividend policy

ItemValuePeriod / scopeSource
Provision 11.6 – Dividend policy The Company does not have a formal policy on the payment of dividends. However, the Board is mindful of the need to reward shareholders as and when the performance of the Company, its projected capital requirements, cash-flow and operating requirements, allow for the payment of dividends. Company PDF p. 109

Dividends declared and proposed

ItemValuePeriod / scopeSource
For FY2026, no dividend has been proposed For FY2026, no dividend has been proposed by the Board as the Group intends to conserve cash for working capital and capital expenditure purposes (FY2025: Nil). FY2026 and comparative FY2025: Nil PDF p. 109

Extracted from Annual Report 2026 and checked against the cited pages; see the original report for full context.

Auditor’s report

Audit & risk signals

Audit opinion

ItemValuePeriod / scopeSource
Audit firm Nexia Singapore PAC Group PDF p. 21
Engagement partner Chang Fook Kay Group PDF p. 21
Opinion properly drawn up in accordance with the provisions of the Singapore Companies Act 1967 Group and Company PDF p. 15

Key audit matters

ItemValuePeriod / scopeSource
Impairment assessment of property, plant and equipment (“PPE”) (the Group) PPE carried at cost are subject to impairment assessment. Group PDF p. 16

Going concern

ItemValuePeriod / scopeSource
Going concern basis the directors are of the view that the use of the going concern basis of accounting in the preparation of these financial statements is appropriate. Group PDF p. 29

Extracted from 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 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.