ecoWise Holdings Limited - Annual Report 2026
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group (Re-presented) | Source |
|---|---|---|---|
| Continuing operations | |||
| Revenue$'000 | 31,219 | 34,366 | PDF p. 75 |
| Cost of sales$'000 | (26,553) | (28,537) | PDF p. 75 |
| Gross profit$'000 | 4,666 | 5,829 | PDF p. 75 |
| Provision/(reversal) of allowance for doubtful debts – net$'000 | (247) | 3 | PDF p. 75 |
| Other income and (other losses) – net$'000 | 531 | 1,315 | PDF p. 75 |
| Marketing and distribution expenses$'000 | (498) | (502) | PDF p. 75 |
| Administrative expenses$'000 | (5,663) | (5,326) | PDF p. 75 |
| Finance costs$'000 | (404) | (660) | PDF p. 75 |
| (Loss)/profit before income tax$'000 | (1,615) | 659 | PDF p. 75 |
| Income tax expense$'000 | (298) | (70) | PDF p. 75 |
| (Loss)/profit, net of tax from continuing operations$'000 | (1,913) | 589 | PDF p. 75 |
| Discontinued operations | |||
| Profit from discontinued operations, net of tax$'000 | – | 935 | PDF p. 75 |
| Profit for the year | |||
| (Loss)/profit for the year$'000 | (1,913) | 1,524 | PDF p. 75 |
| Other comprehensive income - Items that may be reclassified subsequently to profit or loss | |||
| Exchange differences on translating foreign operations, net of tax$'000 | 565 | 516 | PDF p. 75 |
| Reclassification to profit or loss upon disposal of foreign operations$'000 | – | 400 | PDF p. 75 |
| Cash flow hedges, net of tax$'000 | – | 32 | PDF p. 75 |
| Other comprehensive income - Item that will not be reclassified subsequently to profit or loss | |||
| Defined benefit plan - actuarial gain$'000 | 20 | – | PDF p. 75 |
| Other comprehensive income | |||
| Other comprehensive income, net of tax$'000 | 585 | 948 | PDF p. 75 |
| Total comprehensive income | |||
| Total comprehensive (loss)/income$'000 | (1,328) | 2,472 | PDF p. 75 |
| (Loss)/profit attributable to | |||
| Owners of the Company$'000 | (1,913) | 1,489 | PDF p. 75 |
| Non-controlling interests$'000 | – | 35 | PDF p. 75 |
| Subtotal$'000 | (1,913) | 1,524 | PDF p. 75 |
| Total comprehensive (loss)/income attributable to | |||
| Owners of the Company$'000 | (1,328) | 2,437 | PDF p. 75 |
| Non-controlling interests$'000 | – | 35 | PDF p. 75 |
| Subtotal$'000 | (1,328) | 2,472 | PDF p. 75 |
Original report: PDF p. 75 ↗
Column 2025 labelled (Re-presented). Note references omitted from values. No separate Company income statement is presented.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group (Re-presented) | Source |
|---|---|---|---|
| From continuing and discontinued operations (cents) | |||
| Basiccents | (0.167) | 0.156 | PDF p. 76 |
| Dilutedcents | (0.167) | 0.155 | PDF p. 76 |
| From continuing operations (cents) | |||
| Basiccents | (0.167) | 0.058 | PDF p. 76 |
| Dilutedcents | (0.167) | 0.057 | PDF p. 76 |
| From discontinued operations (cents) | |||
| Basiccents | – | 0.098 | PDF p. 76 |
| Dilutedcents | – | 0.098 | PDF p. 76 |
Original report: PDF p. 76 ↗
Header shows $’000 but section headings and rows state cents; unit taken as cents per share.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company (Restated) | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| Deferred tax assets$'000 | 20 | 195 | – | – | PDF p. 77 |
| Property, plant and equipment$'000 | 6,383 | 6,970 | 16 | 16 | PDF p. 77 |
| Right-of-use assets$'000 | 1,045 | 1,057 | 116 | 146 | PDF p. 77 |
| Investment properties$'000 | 947 | 1,119 | – | – | PDF p. 77 |
| Intangible assets$'000 | – | – | – | – | PDF p. 77 |
| Investments in subsidiaries$'000 | – | – | 18,643 | 19,143 | PDF p. 77 |
| Lease receivables, non-current$'000 | – | 1,239 | – | – | PDF p. 77 |
| Total non-current assets$'000 | 8,395 | 10,580 | 18,775 | 19,305 | PDF p. 77 |
| Current assets | |||||
| Trade and other receivables$'000 | 4,927 | 9,121 | 1,680 | 625 | PDF p. 77 |
| Lease receivables, current$'000 | 1,239 | 1,686 | – | – | PDF p. 77 |
| Other current assets$'000 | 733 | 1,180 | 98 | 46 | PDF p. 77 |
| Inventories$'000 | 2,227 | 2,551 | – | – | PDF p. 77 |
| Financial assets at fair value through profit or loss$'000 | 1,048 | 1,111 | – | – | PDF p. 77 |
| Cash and cash equivalents$'000 | 12,011 | 7,272 | 6,638 | 6,007 | PDF p. 77 |
| Total current assets$'000 | 22,185 | 22,921 | 8,416 | 6,678 | PDF p. 77 |
| Assets | |||||
| Total assets$'000 | 30,580 | 33,501 | 27,191 | 25,983 | PDF p. 77 |
| Equity | |||||
| Share capital$'000 | 50,953 | 50,953 | 50,953 | 50,953 | PDF p. 77 |
| Accumulated losses$'000 | (29,147) | (27,234) | (37,102) | (36,521) | PDF p. 77 |
| Foreign currency translation reserve (“FCTR”)$'000 | (4,610) | (5,175) | – | – | PDF p. 77 |
| Other reserves$'000 | 2,177 | 2,157 | – | – | PDF p. 77 |
| Equity attributable to owners of the Company$'000 | 19,373 | 20,701 | 13,851 | 14,432 | PDF p. 77 |
| Non-controlling interests$'000 | – | (2) | – | – | PDF p. 77 |
| Total equity$'000 | 19,373 | 20,699 | 13,851 | 14,432 | PDF p. 77 |
Original report: PDF p. 77 ↗
Only the Company 2025 column is labelled (Restated). Note references omitted from values. Label 'Foreign currency translation reserve (“FCTR”)' and 'Financial assets at fair value through profit or loss' and 'Equity attributable to owners of the Company' wrap across two lines; quotes are the value-bearing line.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company (Restated) | Source |
|---|---|---|---|---|---|
| Non-current liabilities | |||||
| Deferred tax liabilities$'000 | 529 | 745 | – | – | PDF p. 78 |
| Provisions$'000 | 346 | 354 | – | – | PDF p. 78 |
| Loans and borrowings$'000 | 3,678 | 4,050 | – | – | PDF p. 78 |
| Lease liabilities$'000 | 144 | 200 | 49 | 68 | PDF p. 78 |
| Total non-current liabilities$'000 | 4,697 | 5,349 | 49 | 68 | PDF p. 78 |
| Current liabilities | |||||
| Income tax payables$'000 | 250 | 303 | 7 | 2 | PDF p. 78 |
| Provisions$'000 | 581 | 531 | – | – | PDF p. 78 |
| Loans and borrowings$'000 | 1,189 | 677 | – | – | PDF p. 78 |
| Lease liabilities$'000 | 106 | 76 | 19 | 19 | PDF p. 78 |
| Trade and other payables$'000 | 4,384 | 5,866 | 13,265 | 11,462 | PDF p. 78 |
| Total current liabilities$'000 | 6,510 | 7,453 | 13,291 | 11,483 | PDF p. 78 |
| Liabilities | |||||
| Total liabilities$'000 | 11,207 | 12,802 | 13,340 | 11,551 | PDF p. 78 |
| Equity and liabilities | |||||
| Total equity and liabilities$'000 | 30,580 | 33,501 | 27,191 | 25,983 | PDF p. 78 |
Original report: PDF p. 78 ↗
Continuation of the Statements of Financial Position. Only the Company 2025 column is labelled (Restated).
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, $'000 | 2025Group, $'000 (Re-presented) | Source |
|---|---|---|---|
| Continuing operations | |||
| Revenue$'000 | 31,219 | 34,366 | PDF p. 75 |
| Cost of sales$'000 | (26,553) | (28,537) | PDF p. 75 |
| Gross profit$'000 | 4,666 | 5,829 | PDF p. 75 |
| Provision/(reversal) of allowance for doubtful debts – net$'000 | (247) | 3 | PDF p. 75 |
| Other income and (other losses) – net$'000 | 531 | 1,315 | PDF p. 75 |
| Marketing and distribution expenses$'000 | (498) | (502) | PDF p. 75 |
| Administrative expenses$'000 | (5,663) | (5,326) | PDF p. 75 |
| Finance costs$'000 | (404) | (660) | PDF p. 75 |
| (Loss)/profit before income tax$'000 | (1,615) | 659 | PDF p. 75 |
| Income tax expense$'000 | (298) | (70) | PDF p. 75 |
| (Loss)/profit, net of tax from continuing operations$'000 | (1,913) | 589 | PDF p. 75 |
| Discontinued operations | |||
| Profit from discontinued operations, net of tax$'000 | – | 935 | PDF p. 75 |
| Profit for the year | |||
| (Loss)/profit for the year$'000 | (1,913) | 1,524 | PDF p. 75 |
| Other comprehensive income - Items that may be reclassified subsequently to profit or loss | |||
| Exchange differences on translating foreign operations, net of tax$'000 | 565 | 516 | PDF p. 75 |
| Reclassification to profit or loss upon disposal of foreign operations$'000 | – | 400 | PDF p. 75 |
| Cash flow hedges, net of tax$'000 | – | 32 | PDF p. 75 |
| Other comprehensive income - Item that will not be reclassified subsequently to profit or loss | |||
| Defined benefit plan - actuarial gain$'000 | 20 | – | PDF p. 75 |
| Other comprehensive income | |||
| Other comprehensive income, net of tax$'000 | 585 | 948 | PDF p. 75 |
| Total comprehensive income | |||
| Total comprehensive (loss)/income$'000 | (1,328) | 2,472 | PDF p. 75 |
| (Loss)/profit attributable to | |||
| Owners of the Company$'000 | (1,913) | 1,489 | PDF p. 75 |
| Non-controlling interests$'000 | – | 35 | PDF p. 75 |
| Total comprehensive (loss)/income attributable to | |||
| Owners of the Company$'000 | (1,328) | 2,437 | PDF p. 75 |
| Non-controlling interests$'000 | – | 35 | PDF p. 75 |
Original report: PDF p. 75 ↗
2025 column headed '(Re-presented)'.
Attribution rows appear in two subsections (profit; total comprehensive income); the quote for the NCI row is the same text in both.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, cents | 2025Group, cents (Re-presented) | Source |
|---|---|---|---|
| From continuing and discontinued operations (cents) | |||
| Basiccents | (0.167) | 0.156 | PDF p. 76 |
| Dilutedcents | (0.167) | 0.155 | PDF p. 76 |
| From continuing operations (cents) | |||
| Basiccents | (0.167) | 0.058 | PDF p. 76 |
| Dilutedcents | (0.167) | 0.057 | PDF p. 76 |
| From discontinued operations (cents) | |||
| Basiccents | – | 0.098 | PDF p. 76 |
| Dilutedcents | – | 0.098 | PDF p. 76 |
Original report: PDF p. 76 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, $'000 | 2025Group, $'000 | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| (Loss)/profit before tax from continuing operations$'000 | (1,615) | 659 | PDF p. 82 |
| Profit from discontinued operations$'000 | – | 935 | PDF p. 82 |
| Adjustments for | |||
| Depreciation of property, plant and equipment (Note 14)$'000 | 1,465 | 1,646 | PDF p. 82 |
| Depreciation of right-of-use assets (Note 15)$'000 | 157 | 400 | PDF p. 82 |
| Depreciation of investment properties (Note 16)$'000 | 134 | 120 | PDF p. 82 |
| Fair value loss/(gain) on financial assets at fair value through profit or loss (Note 23)$'000 | 63 | (98) | PDF p. 82 |
| Gain on disposal of asset held for sale (Note 7)$'000 | – | (955) | PDF p. 82 |
| Gain on disposal of property, plant and equipment$'000 | (16) | (51) | PDF p. 82 |
| Gain on disposal of assets and liabilities directly associated with disposal group (Note 11)$'000 | – | (799) | PDF p. 82 |
| Gain on derecognition of lease liabilities (Note 7)$'000 | – | (70) | PDF p. 82 |
| Gain on derecognition of payables (Note 7)$'000 | (53) | – | PDF p. 82 |
| Impairment loss on investment properties (Note 16)$'000 | 38 | – | PDF p. 82 |
| Impairment loss on property, plant and equipment (Note 14)$'000 | 86 | – | PDF p. 82 |
| Inventories reversal (Note 22)$'000 | (53) | (2) | PDF p. 82 |
| Interest income (Note 7)$'000 | (59) | (3) | PDF p. 82 |
| Loss on derecognition of non-controlling interest (Note 7)$'000 | 2 | – | PDF p. 82 |
| Provision/(reversal) of allowance for doubtful debts, net$'000 | 247 | (3) | PDF p. 82 |
| Provision for retirement benefit obligations expenses, net$'000 | 14 | 16 | PDF p. 82 |
| Reversal of provision for reinstatement cost (Note 7)$'000 | – | (84) | PDF p. 82 |
| Finance lease income (Note 6)$'000 | (247) | (416) | PDF p. 82 |
| Finance costs (Note 8)$'000 | 404 | 660 | PDF p. 82 |
| Net foreign exchange gain$'000 | (32) | (155) | PDF p. 82 |
| Cash flows from operating activities | |||
| Operating cash flows before changes in working capital$'000 | 535 | 1,800 | PDF p. 82 |
| Changes in working capital | |||
| Inventories$'000 | 377 | (214) | PDF p. 82 |
| Trade and other receivables$'000 | 3,964 | (7) | PDF p. 82 |
| Lease receivables$'000 | 1,932 | 1,932 | PDF p. 82 |
| Other current assets$'000 | 153 | (332) | PDF p. 82 |
| Trade and other payables$'000 | (1,482) | (728) | PDF p. 82 |
| Provisions$'000 | 50 | (136) | PDF p. 82 |
| Currency translation adjustments$'000 | 393 | 188 | PDF p. 82 |
| Cash flows from operating activities | |||
| Net cash flows from operations$'000 | 5,922 | 2,503 | PDF p. 82 |
| Interest received$'000 | 51 | 3 | PDF p. 82 |
| Income tax paid$'000 | (55) | (256) | PDF p. 82 |
| Retirement benefit obligations paid$'000 | (36) | (34) | PDF p. 82 |
| Net cash flows from operating activities$'000 | 5,882 | 2,216 | PDF p. 82 |
| Cash flows from investing activities | |||
| Acquisition of property, plant and equipment$'000 | (664) | (517) | PDF p. 82 |
| Additions to investment properties$'000 | – | (39) | PDF p. 82 |
| Additions to right-of-use assets$'000 | (35) | – | PDF p. 82 |
| Proceeds from disposal of property, plant and equipment$'000 | 30 | 65 | PDF p. 82 |
| Proceeds from disposal of assets held for sale$'000 | – | 7,421 | PDF p. 82 |
| Net cash outflow arising from disposal of subsidiaries (Note 11)$'000 | – | (18) | PDF p. 82 |
| Net cash flows (used in)/from investing activities$'000 | (669) | 6,912 | PDF p. 82 |
Original report: PDF p. 82 ↗
Continues on next page (financing activities and closing cash).
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, $'000 | 2025Group, $'000 | Source |
|---|---|---|---|
| Cash flows from financing activities | |||
| Repayments of loans and borrowings$'000 | (398) | (3,956) | PDF p. 83 |
| Proceeds from loans and borrowings$'000 | 335 | – | PDF p. 83 |
| Lease liabilities - principal portion paid$'000 | (96) | (472) | PDF p. 83 |
| Repayment of other payables to key management personnel$'000 | – | (598) | PDF p. 83 |
| Interest expense paid$'000 | (339) | (651) | PDF p. 83 |
| Issuance of new shares, net of issue costs$'000 | – | 3,063 | PDF p. 83 |
| Decrease/(increase) in restricted cash balance$'000 | 92 | (5) | PDF p. 83 |
| Net cash flows used in financing activities$'000 | (406) | (2,619) | PDF p. 83 |
| Closing cash | |||
| Net increase in cash and cash equivalents$'000 | 4,807 | 6,509 | PDF p. 83 |
| Effect of exchange rate changes on cash and cash equivalents$'000 | 24 | 12 | PDF p. 83 |
| Cash and cash equivalents, beginning balance$'000 | 7,146 | 625 | PDF p. 83 |
| Cash and cash equivalents, ending balance (Note 24(a))$'000 | 11,977 | 7,146 | PDF p. 83 |
Original report: PDF p. 83 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, Total equity, $'000 | 2026Group, Non-controlling interests, $'000 | 2026Group, Attributable to owners of the Company, $'000 | 2026Group, Share capital, $'000 | 2026Group, Accumulated losses, $'000 | 2026Group, FCTR, $'000 | 2026Group, Other reserves, $'000 | Source |
|---|---|---|---|---|---|---|---|---|
| Group | ||||||||
| At 1 May 2025$'000 | 20,699 | (2) | 20,701 | 50,953 | (27,234) | (5,175) | 2,157 | PDF p. 79 |
| Loss for the financial year$'000 | (1,913) | – | (1,913) | – | (1,913) | – | – | PDF p. 79 |
| Other comprehensive income | ||||||||
| Exchange differences on translating foreign operations, net of tax$'000 | 565 | – | 565 | – | – | 565 | – | PDF p. 79 |
| Defined benefit plan - actuarial gain$'000 | 20 | – | 20 | – | – | – | 20 | PDF p. 79 |
| Total other comprehensive income$'000 | 585 | – | 585 | – | – | 565 | 20 | PDF p. 79 |
| Group | ||||||||
| Derecognition of non-controlling interest on strike-off of a subsidiary$'000 | 2 | 2 | – | – | – | – | – | PDF p. 79 |
| Total comprehensive (loss)/income for the financial year$'000 | (1,326) | 2 | (1,328) | – | (1,913) | 565 | 20 | PDF p. 79 |
| At 30 April 2026$'000 | 19,373 | – | 19,373 | 50,953 | (29,147) | (4,610) | 2,177 | PDF p. 79 |
Original report: PDF p. 79 ↗
Page is rotated; the 'Total comprehensive (loss)/income for the financial year' label wraps over two lines and the derecognition row's label wraps over two lines.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, Total equity, $'000 | 2025Group, Non-controlling interests, $'000 | 2025Group, Attributable to owners of the company, $'000 | 2025Group, Share capital, $'000 | 2025Group, Accumulated losses, $'000 | 2025Group, FCTR, $'000 | 2025Group, FCTR of disposal group classified as held for sale, $'000 | 2025Group, Other reserves, $'000 | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group | |||||||||
| At 1 May 2024$'000 | 15,164 | (37) | 15,201 | 47,890 | (28,723) | (5,668) | (423) | 2,125 | PDF p. 80 |
| Profit for the financial year$'000 | 1,524 | 35 | 1,489 | – | 1,489 | – | – | – | PDF p. 80 |
| Other comprehensive income | |||||||||
| Exchange differences on translating foreign operations, net of tax$'000 | 516 | – | 516 | – | – | 493 | 23 | – | PDF p. 80 |
| Reclassification of FCTR of disposal group classified as held for sale$'000 | 400 | – | 400 | – | – | – | 400 | – | PDF p. 80 |
| Cash flow hedges, net of tax$'000 | 32 | – | 32 | – | – | – | – | 32 | PDF p. 80 |
| Total other comprehensive income$'000 | 948 | – | 948 | – | – | 493 | 423 | 32 | PDF p. 80 |
| Group | |||||||||
| Total comprehensive income for the financial year$'000 | 2,472 | 35 | 2,437 | – | 1,489 | 493 | 423 | 32 | PDF p. 80 |
| Transactions with owners | |||||||||
| Issuance of new shares (Note 25)$'000 | 3,200 | – | 3,200 | 3,200 | – | – | – | – | PDF p. 80 |
| Share issue expenses (Note 25)$'000 | (137) | – | (137) | (137) | – | – | – | – | PDF p. 80 |
| Total transactions with owners, recognised directly in equity$'000 | 3,063 | – | 3,063 | 3,063 | – | – | – | – | PDF p. 80 |
| Group | |||||||||
| At 30 April 2025$'000 | 20,699 | (2) | 20,701 | 50,953 | (27,234) | (5,175) | – | 2,157 | PDF p. 80 |
Original report: PDF p. 80 ↗
Page is rotated and carries the heading 'For the financial year ended 30 April 2026' though the movements are for the year ended 30 April 2025.
The 'Total comprehensive income for the financial year' label wraps over two lines.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Company, Total equity, $'000 (movements for year ended 30 April 2026 and comparative 2025 restated) | 2026Company, Share capital, $'000 | 2026Company, Accumulated losses, $'000 | Source |
|---|---|---|---|---|
| Company | ||||
| At 1 May 2024$'000 | 10,278 | 47,890 | (37,612) | PDF p. 81 |
| Total comprehensive (loss)/ income for the financial year (year ended 30 April 2025) | ||||
| - As previously reported$'000 | (1,231) | – | (1,231) | PDF p. 81 |
| - Prior year adjustment (Note 34)$'000 | 2,322 | – | 2,322 | PDF p. 81 |
| Company | ||||
| Total comprehensive income for the financial year, as restated$'000 | 1,091 | – | 1,091 | PDF p. 81 |
| Issuance of new shares (Note 25)$'000 | 3,200 | 3,200 | – | PDF p. 81 |
| Share issue expenses (Note 25)$'000 | (137) | (137) | – | PDF p. 81 |
| At 30 April 2025$'000 | 14,432 | 50,953 | (36,521) | PDF p. 81 |
| Company (year ended 30 April 2026) | ||||
| Total comprehensive loss for the financial year$'000 | (581) | – | (581) | PDF p. 81 |
| Company | ||||
| At 30 April 2026$'000 | 13,851 | 50,953 | (37,102) | PDF p. 81 |
Original report: PDF p. 81 ↗
Columns are all labelled by the statement year 2026, but rows from 'At 1 May 2024' to 'At 30 April 2025' are the FY2025 movements (restated); rows after 'At 30 April 2025' are FY2026.
The comparative year is headed '(Restated)'. Prior year adjustment per Note 34.
The 'Total transactions with owners' row has a dash in the accumulated losses column printed on a separate line above the values; the quote shows only the numeric values.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group FY2026 ($'000) | 2025Group FY2025 ($'000) | 2024Group FY2024 ($'000) | Source |
|---|---|---|---|---|
| Financial Results | ||||
| Revenue$'000 | 31,219 | 34,366 | 31,388 | PDF p. 9 |
| Gross profit$'000 | 4,666 | 5,829 | 5,051 | PDF p. 9 |
| (Loss)/profit before income tax$'000 | (1,615) | 659 | (897) | PDF p. 9 |
| (Loss)/profit from continuing operations, net of tax$'000 | (1,913) | 589 | (1,296) | PDF p. 9 |
| Profit from discontinued operations, net of tax$'000 | - | 935 | - | PDF p. 9 |
| Net (loss)/profit$'000 | (1,913) | 1,524 | (1,296) | PDF p. 9 |
| Profit/(loss) attributable to non-controlling interest$'000 | - | 35 | (1) | PDF p. 9 |
| (Loss)/profit attributable to owners of the Company$'000 | (1,913) | 1,489 | (1,295) | PDF p. 9 |
Original report: PDF p. 9 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group FY2026 ($'000) | 2025Group FY2025 ($'000) | 2024Group FY2024 ($'000) | Source |
|---|---|---|---|---|
| Statement of Financial Position | ||||
| Property, plant and equipment$'000 | 6,383 | 6,970 | 7,778 | PDF p. 9 |
| Right-of-use assets$'000 | 1,045 | 1,057 | 1,165 | PDF p. 9 |
| Investment properties$'000 | 947 | 1,119 | 1,200 | PDF p. 9 |
| Cash and cash equivalents$'000 | 12,011 | 7,272 | 746 | PDF p. 9 |
| Current assets$'000 | 22,185 | 22,921 | 22,509 | PDF p. 9 |
| Total assets$'000 | 30,580 | 33,501 | 35,617 | PDF p. 9 |
| Current liabilities$'000 | 6,510 | 7,453 | 15,581 | PDF p. 9 |
| Total liabilities$'000 | 11,207 | 12,802 | 20,453 | PDF p. 9 |
| Working capital$'000 | 15,675 | 15,468 | 6,928 | PDF p. 9 |
| Equity attributable to owners of the Company$'000 | 19,373 | 20,701 | 15,201 | PDF p. 9 |
Original report: PDF p. 9 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group FY2026 | 2025Group FY2025 | 2024Group FY2024 | Source |
|---|---|---|---|---|
| Ratios | ||||
| Current ratio (times)times | 3.41 | 3.08 | 1.44 | PDF p. 9 |
| Return on equity, attributable to owners of the Company (1)(2) (%)% | (9.55) | 8.29 | (8.10) | PDF p. 9 |
| Return on assets(1)(3) (%)% | (5.97) | 4.31 | (3.42) | PDF p. 9 |
| Basic (loss)/earnings per share (cents)cents | (0.17) | 0.16 | (0.14) | PDF p. 9 |
| Net assets value per share (cents)cents | 1.69 | 1.80 | 1.60 | PDF p. 9 |
Original report: PDF p. 9 ↗
(1) In calculating return on equity attributable to owners of the Company and return on assets, (loss)/profit attributable owners of the Company have been used.
(2) Return on equity attributable to owners of the Company are calculated based on the average equity attributable to owners of the Company.
(3) Return on assets are calculated based on the average of total assets of the Group.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group FY2026 | 2025Group FY2025 | Source |
|---|---|---|---|
| Net (loss)/profit attributable to equity holders | |||
| - (Loss)/profit from continuing operations$'000 | (1,913) | 554 | PDF p. 108 |
| - Profit from discontinued operations$'000 | – | 935 | PDF p. 108 |
| Basic | |||
| Issued ordinary shares at the beginning of the year'000 shares | 1,157,483 | 957,483 | PDF p. 108 |
| - Effect of treasury shares'000 shares | (8,637) | (8,637) | PDF p. 108 |
| - Effect of shares issued'000 shares | – | 4,383 | PDF p. 108 |
Original report: PDF p. 108 ↗
Row label continues '(loss)/earnings per share'; values 1,148,846 and 953,229 on the following line. Shares of no par value.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group FY2026 | 2025Group FY2025 | Source |
|---|---|---|---|
| Basic EPS | |||
| Continuing operations$ Cents | (0.167) | 0.058 | PDF p. 109 |
| Discontinued operations$ Cents | – | 0.098 | PDF p. 109 |
| Total$ Cents | (0.167) | 0.156 | PDF p. 109 |
| Diluted share count | |||
| Effect of warrants on issue'000 shares | – | 4,383 | PDF p. 109 |
| Diluted EPS | |||
| Continuing operations$ Cents | (0.167) | 0.057 | PDF p. 109 |
| Discontinued operations$ Cents | – | 0.098 | PDF p. 109 |
| Total$ Cents | (0.167) | 0.155 | PDF p. 109 |
Original report: PDF p. 109 ↗
Diluted weighted average shares: 1,148,846 (2026) and 957,612 (2025), in '000 (printed on the row 'Weighted average number of shares in issue for diluted (loss)/earnings per share').
200,000,000 warrants outstanding at 30 April 2026 (exercise price S$0.0165) excluded from 2026 diluted EPS as anti-dilutive.
Where the money comes from
| Item / unit | 2026Renewable Energy | 2025Renewable Energy | 2026Resource Recovery | 2025Resource Recovery | 2026Integrated Environmental Management Solutions | 2025Integrated Environmental Management Solutions | 2026Eliminations | 2025Eliminations | 2026Group | 2025Group | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue from external customers$'000 | 11,134 | 10,547 | 20,085 | 23,704 | – | 115 | – | – | 31,219 | 34,366 | PDF p. 97 |
| Inter-segment revenue$'000 | 1,827 | 1,098 | – | – | – | 186 | (1,827) | (1,284) | – | – | PDF p. 97 |
| Segment revenue$'000 | 12,961 | 11,645 | 20,085 | 23,704 | – | 301 | (1,827) | (1,284) | 31,219 | 34,366 | PDF p. 97 |
| Results | |||||||||||
| Segment results before allocation of corporate management fees$'000 | 2,738 | 3,567 | 745 | 2,270 | – | (165) | (3,382) | (2,692) | 101 | 2,980 | PDF p. 97 |
| Allocated corporate management fees$'000 | (2,539) | (1,837) | (843) | (855) | – | – | 3,382 | 2,692 | – | – | PDF p. 97 |
| Segment results$'000 | 199 | 1,730 | (98) | 1,415 | – | (165) | – | – | 101 | 2,980 | PDF p. 97 |
| Profit from discontinued operations, net of tax$'000 | – | 180 | – | 737 | – | 18 | – | – | – | 935 | PDF p. 97 |
Segment results are before allocation of corporate management fees, finance income, dividend income, finance costs and income tax. Integrated Environmental Management Solutions segment was discontinued in the preceding financial year (subsidiaries disposed in FY ended 30 April 2025). Financial year ended 30 April 2026.
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Reconciliation | |||
| Unallocated corporate results$'000 | (1,312) | (1,661) | PDF p. 97 |
| (Loss)/profit before finance costs and income tax expense$'000 | (1,211) | 1,319 | PDF p. 97 |
| Finance costs$'000 | (404) | (660) | PDF p. 97 |
| Income tax expense$'000 | (298) | (70) | PDF p. 97 |
| (Loss)/profit from continuing operations, net of tax$'000 | (1,913) | 589 | PDF p. 97 |
| (Loss)/profit for the financial year$'000 | (1,913) | 1,524 | PDF p. 97 |
Unallocated items shown only in Group columns.
| Item / unit | 2026Renewable Energy | 2025Renewable Energy | 2026Resource Recovery | 2025Resource Recovery | 2026Integrated Environmental Management Solutions | 2025Integrated Environmental Management Solutions | 2026Eliminations | 2025Eliminations | 2026Group | 2025Group | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Segment assets$'000 | 19,516 | 23,996 | 20,925 | 27,337 | – | – | (16,843) | (24,258) | 23,598 | 27,075 | PDF p. 98 |
| Liabilities | |||||||||||
| Segment liabilities$'000 | 20,973 | 48,516 | 6,857 | 11,472 | – | – | (23,939) | (54,902) | 3,891 | 5,086 | PDF p. 98 |
| Loans and borrowings allocated to operating segments$'000 | 1,371 | 1,549 | 3,496 | 3,178 | – | – | – | – | 4,867 | 4,727 | PDF p. 98 |
| Income tax payable allocated to operating segments$'000 | 111 | 153 | 132 | 148 | – | – | – | – | 243 | 301 | PDF p. 98 |
| Capital expenditure allocated to operating segments | |||||||||||
| Property, plant and equipment$'000 | 498 | 435 | 162 | 71 | – | – | – | – | 660 | 506 | PDF p. 98 |
| Right-of-use assets$'000 | 105 | 289 | – | – | – | – | – | – | 105 | 289 | PDF p. 98 |
| Investment properties$'000 | – | 39 | – | – | – | – | – | – | – | 39 | PDF p. 98 |
All assets allocated to segments other than corporate assets (unallocated). Liabilities allocated except deferred tax liabilities and corporate liabilities.
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Assets | |||
| Deferred tax assets$'000 | 20 | 195 | PDF p. 98 |
| Unallocated corporate assets$'000 | 6,962 | 6,231 | PDF p. 98 |
| Total assets$'000 | 30,580 | 33,501 | PDF p. 98 |
| Liabilities | |||
| Unallocated income tax payable$'000 | 7 | 2 | PDF p. 98 |
| Deferred tax liabilities$'000 | 529 | 745 | PDF p. 98 |
| Total liabilities$'000 | 11,207 | 12,802 | PDF p. 98 |
| Capital expenditure | |||
| Unallocated corporate capital expenditure on property, plant and equipment$'000 | 4 | 11 | PDF p. 98 |
| Total capital expenditure$'000 | 769 | 845 | PDF p. 98 |
| Item / unit | 2026Renewable Energy | 2025Renewable Energy | 2026Resource Recovery | 2025Resource Recovery | 2026Integrated Environmental Management Solutions | 2025Integrated Environmental Management Solutions | 2026Eliminations | 2025Eliminations | 2026Group | 2025Group | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other material items | |||||||||||
| Depreciation of property, plant and equipment and investment properties: Allocated to operating segments$'000 | 947 | 518 | 648 | 1,049 | – | 196 | – | – | 1,595 | 1,763 | PDF p. 99 |
| Depreciation of right-of-use assets: Allocated to operating segments$'000 | 112 | 187 | 16 | 183 | – | – | – | – | 128 | 370 | PDF p. 99 |
| Gain on disposal of property, plant and equipment$'000 | (14) | (23) | (2) | (28) | – | – | – | – | (16) | (51) | PDF p. 99 |
| Impairment loss on property, plant and equipment$'000 | – | – | 86 | – | – | – | – | – | 86 | – | PDF p. 99 |
| Impairment loss on investment properties$'000 | 38 | – | – | – | – | – | – | – | 38 | – | PDF p. 99 |
| Gain on disposal of asset held for sale$'000 | – | – | – | (955) | – | – | – | – | – | (955) | PDF p. 99 |
| Provision for benefit obligations expenses, net$'000 | – | – | 14 | 16 | – | – | – | – | 14 | 16 | PDF p. 99 |
| Provision/(reversal) of allowance for doubtful receivables$'000 | 12 | – | 235 | (3) | – | – | – | – | 247 | (3) | PDF p. 99 |
| Reversal of allowance for stock obsolescence$'000 | – | – | (53) | (2) | – | – | – | – | (53) | (2) | PDF p. 99 |
| Reversal of provision of reinstatement cost$'000 | – | (84) | – | – | – | – | – | – | – | (84) | PDF p. 99 |
Unallocated corporate depreciation (PPE/investment properties) Group: 4 (2026), 3 (2025), total 1,599 / 1,766; unallocated ROU depreciation 29 / 30, total 157 / 400, printed in Group columns only.
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Major customers | |||
| Top 1 customer in resource recovery segment$'000 | 8,535 | 12,005 | PDF p. 100 |
| Top 2 customer in renewable energy segment$'000 | 4,442 | 4,022 | PDF p. 100 |
| Item / unit | 2026Group Revenue | 2025Group Revenue | 2026Group Non-current assets | 2025Group Non-current assets | Source |
|---|---|---|---|---|---|
| Geographical information | |||||
| Singapore$'000 | 12,136 | 12,078 | 3,546 | 4,100 | PDF p. 100 |
| Malaysia$'000 | 9,819 | 9,409 | 4,829 | 5,046 | PDF p. 100 |
| Australia$'000 | 8,535 | 12,127 | – | – | PDF p. 100 |
| Others$'000 | 729 | 752 | – | – | PDF p. 100 |
| Total (unlabelled)$'000 | 31,219 | 34,366 | 8,375 | 9,146 | PDF p. 100 |
Revenues are attributed to countries on the basis of the customer’s location, irrespective of the origin of the goods and services. The non-current assets are analysed by the geographical area in which the assets are located. The non-current assets exclude any financial instruments and deferred tax assets.
Debt
| Item / unit | 2026less than 1 year, $'000 | 2026due within 2 to 5 years, $'000 | 2026due after 5 years, $'000 | 2026total, $'000 | Source |
|---|---|---|---|---|---|
| Group 2026 | |||||
| Loans and borrowings$'000 | 1,503 | 2,840 | 2,065 | 6,408 | PDF p. 140 |
| Lease liabilities$'000 | 121 | 172 | – | 293 | PDF p. 140 |
2025 Group: Loans and borrowings 973; 2,680; 2,796; 6,449. Lease liabilities 89; 240; –; 329. Company 2026 lease liabilities 23; 61; total 84 (2025: 23; 84; 107) on page 141.
| Item / unit | 2026less than 1 year, $'000 | 2026due within 2 to 5 years, $'000 | 2026due after 5 years, $'000 | 2026total, $'000 | 2025less than 1 year, $'000 | 2025due within 2 to 5 years, $'000 | 2025due after 5 years, $'000 | 2025total, $'000 | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group | |||||||||
| Loans and borrowings$'000 | 1,503 | 2,840 | 2,065 | 6,408 | 973 | 2,680 | 2,796 | 6,449 | PDF p. 140 |
| Lease liabilities$'000 | 121 | 172 | – | 293 | 89 | 240 | – | 329 | PDF p. 140 |
2025 Group: Loans and borrowings 973; 2,680; 2,796; 6,449. Lease liabilities 89; 240; –; 329. Company 2026 lease liabilities 23; 61; total 84 (2025: 23; 84; 107) on page 141.
Contractual undiscounted cash flows.
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Non-current liabilities - floating rate | |||
| Bank loans A (Note 29(a))$'000 | 2,485 | 2,674 | PDF p. 132 |
| Bank loans B (Note 29(b))$'000 | 1,193 | 1,376 | PDF p. 132 |
| Non-current liabilities | |||
| Total non-current portion$'000 | 3,678 | 4,050 | PDF p. 132 |
| Current liabilities - floating rate | |||
| Bank loans A (Note 29(a))$'000 | 351 | 202 | PDF p. 132 |
| Bank loans B (Note 29(b))$'000 | 179 | 173 | PDF p. 132 |
| Bankers’ acceptances A (Note 29(a))$'000 | 659 | 302 | PDF p. 132 |
| Current liabilities | |||
| Total current portion$'000 | 1,189 | 677 | PDF p. 132 |
| Total | |||
| Total non-current and current loans and borrowings$'000 | 4,867 | 4,727 | PDF p. 132 |
| Non-current portion repayable | |||
| Due within 2 to 5 years$'000 | 1,913 | 1,824 | PDF p. 132 |
| Due after 5 years$'000 | 1,765 | 2,226 | PDF p. 132 |
Bank loans A secured by a charge over the Group’s leasehold properties and leasehold lands and guaranteed by its related companies (Affin Bank Berhad). Bank loans B secured by a charge over three office units in PPE and two office units in investment properties and guaranteed by the Company; repayable in monthly instalments over 8 years from May 2025.
The carrying amounts of the current and non-current portions are reasonable approximation of fair values (Level 2).
| Item / unit | 2026Group, $'000 | 2025Group, $'000 | 2026Company, $'000 | 2025Company, $'000 | Source |
|---|---|---|---|---|---|
| Lease liabilities | |||||
| Current$'000 | 106 | 76 | 19 | 19 | PDF p. 133 |
| Non-current$'000 | 144 | 200 | 49 | 68 | PDF p. 133 |
Total 250 (2025: 276) Group; 68 (2025: 87) Company. Finance lease liabilities interest rate range: 2026 3.68 to 4.25%; 2025 2.78 to 6.50%.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Provision 11.6 – Dividend Policy | The Company recognises Shareholders’ desire to receive return on their investment and endeavours to maximise their return. The Company does not have a formal dividend policy in place. In determining whether dividends should be paid, the Board takes into consideration the Company’s working capital requirements and the need to retain profits for future investment. | Company, FY2026 | PDF p. 56 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Provision 11.6 – Dividend Policy | the Board is not recommending dividend distribution to Shareholders for FY2026 as the Group made a net loss and there is no distributable income or reserves available for the payment of dividends. | Group, FY2026 | PDF p. 56 |
| (l) Dividends. | The Board has not recommended any dividend distribution to Shareholders for the financial year under review. | Company, FY2026 | PDF p. 36 |
Extracted from ecoWise Holdings Limited - Annual Report 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Auditor | Baker Tilly TFW LLP | Group and Company, FY ended 30 April 2026 | PDF p. 74 |
| Engagement partner | Low See Lien | Group and Company | PDF p. 74 |
| Qualified Opinion | Qualified Opinion | Group and Company, FY ended 30 April 2026 | PDF p. 70 |
| Basis for Qualified Opinion | we continue to be unable to determine whether any adjustments to those corresponding figures might have been necessary. | Group, comparative figures FY ended 30 April 2025 | PDF p. 70 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Revenue recognition | We have determined revenue recognition to be a key audit matter as it is a key indicator of the Group’s performance. | Group, FY ended 30 April 2026 | PDF p. 71 |
Extracted from ecoWise Holdings Limited - Annual Report 2026 and checked against the cited pages; see the original report for full context.
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 ecoWise Holdings Limited - 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.