ADVENTUS HOLDINGS LIMITED ANNUAL REPORT 2025
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Income statement | |||
| Revenue$ | 7,891,744 | 5,909,408 | PDF p. 86 |
| Cost of sales$ | (5,174,597) | (5,244,681) | PDF p. 86 |
| Gross profit$ | 2,717,147 | 664,727 | PDF p. 86 |
| Other income | |||
| - Interest$ | 21,902 | 292,928 | PDF p. 86 |
| - Others$ | 179,665 | 17,783 | PDF p. 86 |
| Income statement | |||
| Other losses - net$ | (2,952,485) | (1,864,353) | PDF p. 86 |
| Expenses | |||
| - Selling and distribution$ | (662,332) | (275,335) | PDF p. 86 |
| - Administrative$ | (3,291,581) | (3,071,645) | PDF p. 86 |
| - Finance$ | (1,572,707) | (2,652,658) | PDF p. 86 |
| Income statement | |||
| Loss before income tax$ | (5,560,391) | (6,888,553) | PDF p. 86 |
| Income tax expense$ | (53,960) | (49,066) | PDF p. 86 |
| Net loss for the financial year$ | (5,614,351) | (6,937,619) | PDF p. 86 |
| Items that may be reclassified subsequently to profit or loss | |||
| Currency translation differences arising from consolidation – income/(loss)$ | 156,207 | (118,454) | PDF p. 86 |
| Items that will not be reclassified subsequently to profit or loss | |||
| Currency translation differences arising from consolidation – income/(loss)$ | 523,944 | (110,586) | PDF p. 86 |
| Other comprehensive income | |||
| Other comprehensive income/(loss)$ | 680,151 | (229,040) | PDF p. 86 |
| Income statement | |||
| Total comprehensive loss$ | (4,934,200) | (7,166,659) | PDF p. 86 |
| Net loss attributable to | |||
| Equity holders of the Company$ | (3,917,351) | (3,827,435) | PDF p. 86 |
| Non-controlling interests$ | (1,697,000) | (3,110,184) | PDF p. 86 |
| Subtotal$ | (5,614,351) | (6,937,619) | PDF p. 86 |
| Total comprehensive loss attributable to | |||
| Equity holders of the Company$ | (3,761,144) | (3,945,889) | PDF p. 86 |
| Non-controlling interests$ | (1,173,056) | (3,220,770) | PDF p. 86 |
| Subtotal$ | (4,934,200) | (7,166,659) | PDF p. 86 |
| Loss per share attributable to equity holders of the Company (cents per share) | |||
| - basic and diluted (cents)cents per share | (0.12) | (0.16) | PDF p. 86 |
Original report: PDF p. 86 ↗
The accompanying notes form an integral part of these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Current assets | |||
| Cash and bank balances$ | 3,647,824 | 2,686,938 | PDF p. 87 |
| Trade and other receivables$ | 1,557,056 | 2,442,396 | PDF p. 87 |
| Inventories$ | 13,707 | 53,529 | PDF p. 87 |
| Total current assets$ | 5,218,587 | 5,182,863 | PDF p. 87 |
| Non-current assets | |||
| Investments in subsidiary corporations$ | – | – | PDF p. 87 |
| Property, plant and equipment$ | 37,734,171 | 43,376,600 | PDF p. 87 |
| Deferred tax assets$ | 1,282,984 | 1,310,042 | PDF p. 87 |
| Subtotal$ | 39,017,155 | 44,686,642 | PDF p. 87 |
| Assets | |||
| Total assets$ | 44,235,742 | 49,869,505 | PDF p. 87 |
| Current liabilities | |||
| Trade and other payables$ | 17,847,759 | 17,131,391 | PDF p. 87 |
| Income tax payable$ | 11,143 | – | PDF p. 87 |
| Bank borrowings$ | 1,752,858 | 1,468,962 | PDF p. 87 |
| Total current liabilities$ | 19,611,760 | 18,600,353 | PDF p. 87 |
| Non-current liabilities | |||
| Trade and other payables$ | 6,105 | 89,613 | PDF p. 87 |
| Bank borrowings$ | 21,826,941 | 24,937,147 | PDF p. 87 |
| Total non-current liabilities$ | 21,833,046 | 25,026,760 | PDF p. 87 |
| Liabilities | |||
| Total liabilities$ | 41,444,806 | 43,627,113 | PDF p. 87 |
| Net assets$ | 2,790,936 | 6,242,392 | PDF p. 87 |
| Equity | |||
| Share capital$ | 56,982,218 | 55,499,473 | PDF p. 87 |
| Currency translation reserve$ | (461,209) | (617,416) | PDF p. 87 |
| Accumulated losses$ | (49,532,384) | (45,358,654) | PDF p. 87 |
| Subtotal$ | 6,988,625 | 9,523,403 | PDF p. 87 |
| Non-controlling interests$ | (4,197,689) | (3,281,011) | PDF p. 87 |
| Total equity$ | 2,790,936 | 6,242,392 | PDF p. 87 |
Original report: PDF p. 87 ↗
Printed side by side with Company columns; Group values are the first two numeric columns. The accompanying notes form an integral part of these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Company | 2024Company | Source |
|---|---|---|---|
| Current assets | |||
| Cash and bank balances$ | 119,277 | 85,788 | PDF p. 87 |
| Trade and other receivables$ | 28,940,869 | 30,879,167 | PDF p. 87 |
| Inventories$ | – | – | PDF p. 87 |
| Total current assets$ | 29,060,146 | 30,964,955 | PDF p. 87 |
| Non-current assets | |||
| Investments in subsidiary corporations$ | 1,538 | 1,537 | PDF p. 87 |
| Property, plant and equipment$ | 978 | 2,045 | PDF p. 87 |
| Deferred tax assets$ | – | – | PDF p. 87 |
| Subtotal$ | 2,516 | 3,582 | PDF p. 87 |
| Assets | |||
| Total assets$ | 29,062,662 | 30,968,537 | PDF p. 87 |
| Current liabilities | |||
| Trade and other payables$ | 14,803,939 | 16,470,937 | PDF p. 87 |
| Income tax payable$ | 8,007 | – | PDF p. 87 |
| Bank borrowings$ | – | – | PDF p. 87 |
| Total current liabilities$ | 14,811,946 | 16,470,937 | PDF p. 87 |
| Non-current liabilities | |||
| Trade and other payables$ | – | – | PDF p. 87 |
| Bank borrowings$ | – | – | PDF p. 87 |
| Total non-current liabilities$ | – | – | PDF p. 87 |
| Liabilities | |||
| Total liabilities$ | 14,811,946 | 16,470,937 | PDF p. 87 |
| Net assets$ | 14,250,716 | 14,497,600 | PDF p. 87 |
| Equity | |||
| Share capital$ | 56,982,218 | 55,499,473 | PDF p. 87 |
| Currency translation reserve$ | – | – | PDF p. 87 |
| Accumulated losses$ | (42,731,502) | (41,001,873) | PDF p. 87 |
| Subtotal$ | 14,250,716 | 14,497,600 | PDF p. 87 |
| Non-controlling interests$ | – | – | PDF p. 87 |
| Total equity$ | 14,250,716 | 14,497,600 | PDF p. 87 |
Original report: PDF p. 87 ↗
Company columns are the last two numeric columns of the side-by-side Group/Company balance sheet. The accompanying notes form an integral part of these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, FY ended 31 December 2025, $ | 2024Group, FY ended 31 December 2024, $ | Source |
|---|---|---|---|
| Income statement | |||
| Revenue$ | 7,891,744 | 5,909,408 | PDF p. 86 |
| Cost of sales$ | (5,174,597) | (5,244,681) | PDF p. 86 |
| Gross profit$ | 2,717,147 | 664,727 | PDF p. 86 |
| Other income | |||
| - Interest$ | 21,902 | 292,928 | PDF p. 86 |
| - Others$ | 179,665 | 17,783 | PDF p. 86 |
| Income statement | |||
| Other losses - net$ | (2,952,485) | (1,864,353) | PDF p. 86 |
| Expenses | |||
| - Selling and distribution$ | (662,332) | (275,335) | PDF p. 86 |
| - Administrative$ | (3,291,581) | (3,071,645) | PDF p. 86 |
| - Finance$ | (1,572,707) | (2,652,658) | PDF p. 86 |
| Income statement | |||
| Loss before income tax$ | (5,560,391) | (6,888,553) | PDF p. 86 |
| Income tax expense$ | (53,960) | (49,066) | PDF p. 86 |
| Net loss for the financial year$ | (5,614,351) | (6,937,619) | PDF p. 86 |
| OCI - Items that may be reclassified subsequently to profit or loss | |||
| Currency translation differences arising from consolidation – income/(loss)$ | 156,207 | (118,454) | PDF p. 86 |
| OCI - Items that will not be reclassified subsequently to profit or loss | |||
| Currency translation differences arising from consolidation – income/(loss)$ | 523,944 | (110,586) | PDF p. 86 |
| OCI | |||
| Other comprehensive income/(loss)$ | 680,151 | (229,040) | PDF p. 86 |
| Total comprehensive loss$ | (4,934,200) | (7,166,659) | PDF p. 86 |
| Net loss attributable to | |||
| Equity holders of the Company$ | (3,917,351) | (3,827,435) | PDF p. 86 |
| Non-controlling interests$ | (1,697,000) | (3,110,184) | PDF p. 86 |
| Total comprehensive loss attributable to | |||
| Equity holders of the Company$ | (3,761,144) | (3,945,889) | PDF p. 86 |
| Non-controlling interests$ | (1,173,056) | (3,220,770) | PDF p. 86 |
| Loss per share attributable to equity holders of the Company (cents per share) | |||
| - basic and diluted (cents)cents per share | (0.12) | (0.16) | PDF p. 86 |
Original report: PDF p. 86 ↗
Currency: $ (Singapore dollars as printed '$'). Two separate OCI lines are both labelled 'Currency translation differences arising from consolidation – income/(loss)': first under items that may be reclassified, second under items that will not be reclassified.
The accompanying notes form an integral part of these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, FY ended 31 December 2025, $ | 2024Group, FY ended 31 December 2024, $ | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| Loss before income tax$ | (5,560,391) | (6,888,553) | PDF p. 89 |
| Operating - Adjustments for | |||
| - Depreciation of property, plant and equipment$ | 1,623,541 | 1,911,898 | PDF p. 89 |
| - Depreciation of right-of-use assets$ | – | 19,504 | PDF p. 89 |
| - Property, plant and equipment written-off$ | 103,649 | – | PDF p. 89 |
| - Interest income$ | (21,902) | (292,928) | PDF p. 89 |
| - Amortisation of hotel manager contribution$ | (58,255) | – | PDF p. 89 |
| - Interest expense$ | 1,572,707 | 2,652,658 | PDF p. 89 |
| - Foreign exchange losses, net$ | 2,954,173 | 1,677,828 | PDF p. 89 |
| Cash flows from operating activities | |||
| Operating cash flow before working capital changes (unlabelled subtotal)$ | 613,522 | (919,593) | PDF p. 89 |
| Change in working capital | |||
| - Inventories$ | 39,822 | 2,955 | PDF p. 89 |
| - Other receivables$ | (93,880) | (65,702) | PDF p. 89 |
| - Other payables$ | 2,360,795 | 752,412 | PDF p. 89 |
| Cash flows from operating activities | |||
| Cash used in operations$ | 2,920,259 | (229,928) | PDF p. 89 |
| Income tax paid$ | (15,759) | (7,991) | PDF p. 89 |
| Net cash generated from/(used in) operating activities$ | 2,904,500 | (237,919) | PDF p. 89 |
| Cash flows from investing activities | |||
| Acquisition of non-controlling interests without a change in control$ | (1) | – | PDF p. 89 |
| Additions to property, plant and equipment$ | (655,865) | (1,917,351) | PDF p. 89 |
| Repayment from a former subsidiary corporation$ | 865,205 | 4,080,048 | PDF p. 89 |
| Prepayment for property, plant and equipment$ | (103,561) | (24,495) | PDF p. 89 |
| Interest received$ | 214,983 | 90,080 | PDF p. 89 |
| Net cash generated from investing activities$ | 320,761 | 2,228,282 | PDF p. 89 |
| Cash flows from financing activities | |||
| Loan from a shareholder$ | – | 516,914 | PDF p. 89 |
| Interest paid$ | (1,575,174) | (2,170,595) | PDF p. 89 |
| Repayment to related party$ | – | (181,618) | PDF p. 89 |
| Repayment to a shareholder$ | (516,914) | – | PDF p. 89 |
| Proceeds from bank borrowings$ | – | 25,354,513 | PDF p. 89 |
| Repayment of bank borrowings$ | (1,438,617) | (27,556,819) | PDF p. 89 |
| Repayment of lease liabilities$ | – | (20,500) | PDF p. 89 |
| Proceeds from issuance of new shares, net of issuance expenses$ | 1,482,745 | – | PDF p. 89 |
| Net cash used in financing activities$ | (2,047,960) | (4,058,105) | PDF p. 89 |
| Net change in cash | |||
| Net increase/(decrease) in cash and cash equivalents$ | 1,177,301 | (2,067,742) | PDF p. 89 |
| Cash and cash equivalents | |||
| Beginning of the financial year$ | 1,136,196 | 3,285,044 | PDF p. 89 |
| Effects of currency translation on cash and cash equivalents$ | (129,547) | (81,106) | PDF p. 89 |
| End of the financial year$ | 2,183,950 | 1,136,196 | PDF p. 89 |
Original report: PDF p. 89 ↗
No separate Company cash flow statement is presented. The accompanying notes form an integral part of these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, Attributable to equity holders - Share capital, $ | 2025Group, Attributable to equity holders - Currency translation reserve, $ | 2025Group, Attributable to equity holders - Accumulated losses, $ | 2025Group, Attributable to equity holders - Total, $ | 2025Group, Non-controlling interests, $ | 2025Group, Total equity, $ | Source |
|---|---|---|---|---|---|---|---|
| 2025 | |||||||
| Balance as at 1 January 2025$ | 55,499,473 | (617,416) | (45,358,654) | 9,523,403 | (3,281,011) | 6,242,392 | PDF p. 88 |
| Net loss for the financial year$ | – | – | (3,917,351) | (3,917,351) | (1,697,000) | (5,614,351) | PDF p. 88 |
| Other comprehensive income for the financial year$ | – | 156,207 | – | 156,207 | 523,944 | 680,151 | PDF p. 88 |
| Issue of shares$ | 1,539,000 | – | – | 1,539,000 | – | 1,539,000 | PDF p. 88 |
| Share issue expenses$ | (56,255) | – | – | (56,255) | – | (56,255) | PDF p. 88 |
| Acquisition of non-controlling interests without a$ | – | – | (256,379) | (256,379) | 256,378 | (1) | PDF p. 88 |
| Balance as at 31 December 2025$ | 56,982,218 | (461,209) | (49,532,384) | 6,988,625 | (4,197,689) | 2,790,936 | PDF p. 88 |
Original report: PDF p. 88 ↗
Columns in order: Share capital, Currency translation reserve, Accumulated losses, Total (attributable to equity holders), Non-controlling interests, Total. Unit is $ (amounts in dollars). For the 2025 block the row 'Acquisition of non-controlling interests without a change in control' has Note 15(b). No separate statement of changes in equity for the Company is presented on the primary statements pages read (only the Group).
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group, Attributable to equity holders - Share capital, $ | 2024Group, Attributable to equity holders - Currency translation reserve, $ | 2024Group, Attributable to equity holders - Accumulated losses, $ | 2024Group, Attributable to equity holders - Total, $ | 2024Group, Non-controlling interests, $ | 2024Group, Total equity, $ | Source |
|---|---|---|---|---|---|---|---|
| 2024 | |||||||
| Balance as at 1 January 2024$ | 55,499,473 | (498,962) | (41,531,219) | 13,469,292 | (179,841) | 13,289,451 | PDF p. 88 |
| Net loss for the financial year$ | – | – | (3,827,435) | (3,827,435) | (3,110,184) | (6,937,619) | PDF p. 88 |
| Other comprehensive loss for the financial year$ | – | (118,454) | – | (118,454) | (110,586) | (229,040) | PDF p. 88 |
| Effect of non-controlling interests’ additional$ | – | – | – | – | 119,600 | 119,600 | PDF p. 88 |
| Balance as at 31 December 2024$ | 55,499,473 | (617,416) | (45,358,654) | 9,523,403 | (3,281,011) | 6,242,392 | PDF p. 88 |
Original report: PDF p. 88 ↗
Columns in order: Share capital, Currency translation reserve, Accumulated losses, Total (attributable to equity holders), Non-controlling interests, Total. Unit is $.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Proportion of ownership interests and voting rights held by NCI, % | 2024Proportion of ownership interests and voting rights held by NCI, % | 2025Net loss allocated to NCI, $ | 2024Net loss allocated to NCI, $ | 2025Carrying amount of NCI, $ | 2024Carrying amount of NCI, $ | Source |
|---|---|---|---|---|---|---|---|
| NCI schedule | |||||||
| Bay Hospitality Pte. Ltd. (1)% / $ | – | 40 | (23,983) | (131,800) | – | (232,395) | PDF p. 114 |
| Regis Bay Vietnam Investment Joint-Stock Company% / $ | 49 | 49 | (1,670,025) | (2,937,472) | (4,174,520) | (3,030,008) | PDF p. 114 |
| AP Land Company Limited (1)% / $ | 49 | 49 | (2,992) | (40,912) | (23,169) | (18,608) | PDF p. 114 |
Original report: PDF p. 114 ↗
(1) The directors are of the opinion that the result and financial position of these subsidiary corporations for the financial year ended 31 December 2025 are not material to the Group.
Bay Hospitality Pte. Ltd. was 40% NCI-held in 2024; the remaining 40% was acquired on 26 March 2025.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Loss per share | |||
| Net loss attributable to equity holders of the Company ($)$ | (3,917,351) | (3,827,435) | PDF p. 110 |
| Weighted average number of ordinary shares outstanding for basic earnings per share (‘000)'000 shares | 3,224,633 | 2,451,619 | PDF p. 110 |
| Basic loss per share (cents per share)cents per share | (0.12) | (0.16) | PDF p. 110 |
Original report: PDF p. 110 ↗
As at 31 December 2025 and 2024, the Group does not have any dilutive potential ordinary shares. Accordingly, the basic and diluted loss per share is the same.
Basic loss per share is calculated by dividing the net loss attributable to equity holders of the Company by the weighted average number of ordinary shares outstanding during the financial year.
Row 2 label continues onto next line: 'Weighted average number of ordinary shares outstanding for basic earnings per share (‘000)'.
Where the money comes from
| Item / unit | 2025Property and hospitality segment | 2024Property and hospitality segment | 2025Corporate segment | 2024Corporate segment | 2025Others segment | 2024Others segment | 2025Total (Group) | 2024Total (Group) | Source |
|---|---|---|---|---|---|---|---|---|---|
| Segment revenues and result | |||||||||
| Total revenue – sales to external parties$ | 7,891,744 | 5,909,408 | – | – | – | – | 7,891,744 | 5,909,408 | PDF p. 135 |
| Segment revenues and result - Expenses | |||||||||
| Depreciation of property, plant and equipment$ | 1,622,474 | 1,910,831 | 1,067 | 1,067 | – | – | 1,623,541 | 1,911,898 | PDF p. 135 |
| Depreciation of right-of-use assets$ | – | – | – | 19,504 | – | – | – | 19,504 | PDF p. 135 |
| Employee compensation$ | 2,049,439 | 2,550,577 | 494,620 | 589,396 | – | – | 2,544,059 | 3,139,973 | PDF p. 135 |
| Foreign exchange loss/(gain) - net$ | 1,889,738 | 2,712,606 | 961,320 | (847,898) | (2,222) | (355) | 2,848,836 | 1,864,353 | PDF p. 135 |
| Segment revenues and result | |||||||||
| Segment results$ | (2,143,799) | (4,345,955) | (2,039,952) | (193,802) | (5,500) | (6,849) | (4,189,251) | (4,546,606) | PDF p. 135 |
| Segment assets and liabilities | |||||||||
| Segment assets$ | 44,040,630 | 49,706,273 | 152,989 | 120,665 | 42,123 | 42,567 | 44,235,742 | 49,869,505 | PDF p. 135 |
| Segment liabilities$ | 27,419,458 | 28,357,037 | 14,019,009 | 15,264,397 | 6,339 | 5,679 | 41,444,806 | 43,627,113 | PDF p. 135 |
| Capital expenditure$ | 313,620 | 2,315,465 | – | – | – | – | 313,620 | 2,315,465 | PDF p. 135 |
Segments: Property and hospitality (property ownership, development, management and investment; hospitality services); Corporate (investment holding); Others (dormant entities).
Segment results represent the profits earned/losses incurred by each segment without allocation of corporate income, costs and taxation. Inter-segment transfers are eliminated on consolidation.
All assets and liabilities are allocated to reportable segments other than corporate assets and liabilities that cannot be attributed to any one operating segment.
| Item / unit | 2025Total (Group) | 2024Total (Group) | Source |
|---|---|---|---|
| Segment revenues and result | |||
| Other income$ | 179,665 | 17,783 | PDF p. 135 |
| Interest income$ | 21,902 | 292,928 | PDF p. 135 |
| Finance expense$ | (1,572,707) | (2,652,658) | PDF p. 135 |
| Loss before income tax$ | (5,560,391) | (6,888,553) | PDF p. 135 |
| Income tax expense$ | (53,960) | (49,066) | PDF p. 135 |
| Net loss for the financial year$ | (5,614,351) | (6,937,619) | PDF p. 135 |
Printed in the Total columns only; no segment-level split provided for these lines.
| Item / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Segment assets | |||
| Segment assets for reportable segments$ | 44,040,630 | 49,706,273 | PDF p. 136 |
| Other segment assets$ | 42,123 | 42,567 | PDF p. 136 |
| Total segment assets$ | 44,082,753 | 49,748,840 | PDF p. 136 |
| Segment assets - Unallocated | |||
| Property, plant and equipment$ | 978 | 2,045 | PDF p. 136 |
| Cash and bank balances$ | 119,277 | 85,788 | PDF p. 136 |
| Trade and other receivables$ | 32,734 | 32,832 | PDF p. 136 |
| Segment assets | |||
| Total assets$ | 44,235,742 | 49,869,505 | PDF p. 136 |
Segment assets are reconciled to total assets as follows. All assets are allocated to reportable segments, deferred income tax assets, short-term bank deposits, and financial assets.
| Item / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Segment liabilities | |||
| Segment liabilities for reportable segments$ | 27,419,458 | 28,357,037 | PDF p. 136 |
| Other segment liabilities$ | 6,339 | 5,679 | PDF p. 136 |
| Total segment liabilities$ | 27,425,797 | 28,362,716 | PDF p. 136 |
| Segment liabilities - Unallocated | |||
| Other payables$ | 14,019,009 | 15,264,397 | PDF p. 136 |
| Segment liabilities | |||
| Total liabilities$ | 41,444,806 | 43,627,113 | PDF p. 136 |
Liabilities are allocated based on operations of the segment, other than income tax liabilities and borrowings.
| Item / unit | 2025Group non-current assets by geographical location of assets | 2024Group non-current assets by geographical location of assets | Source |
|---|---|---|---|
| Non-current assets | |||
| Singapore$ | 888 | 2,438 | PDF p. 137 |
| Vietnam$ | 39,016,267 | 44,684,204 | PDF p. 137 |
| Total (unlabelled subtotal)$ | 39,017,155 | 44,686,642 | PDF p. 137 |
The total row has no printed label.
The Group's revenue by geographical areas is disclosed under Note 4(a). No customers accounted for 10% or more of the Group's revenue.
Debt
| Item / unit | 2025$ | 2024$ | Source |
|---|---|---|---|
| Bank borrowings | |||
| Current$ | 1,752,858 | 1,468,962 | PDF p. 122 |
| Non-current$ | 21,826,941 | 24,937,147 | PDF p. 122 |
| Total borrowings$ | 23,579,799 | 26,406,109 | PDF p. 122 |
Bank borrowings are secured/guaranteed as described in Note 19(a): principal loan of $23,315,559 (2024: 25,365,627) at Margin 2.1% p.a. plus reference rate (Term SOFR etc.), guaranteed by shareholder and Company and secured by pledged deposits and freehold land and property; Temporary Bridging Loan of $264,240 (2024: $1,040,482) at fixed 3% p.a., guaranteed by personal guarantees from a controlling shareholder.
| Item / unit | 2025$ | 2024$ | Source |
|---|---|---|---|
| Interest rate exposure / repricing dates | |||
| 6 months or less$ | 23,579,799 | 25,365,627 | PDF p. 122 |
| 1 – 5 years$ | – | 1,040,482 | PDF p. 122 |
Total printed as 23,579,799 (2025) and 26,406,109 (2024). Exposure of borrowings to interest rate changes and contractual repricing dates at the balance sheet date.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Provision 11.6 | The Company does not have a fixed dividend policy. The form, frequency and amount of dividend 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. | FY2025 | PDF p. 32 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| No dividend declared or recommended | No dividend has been declared or recommended for FY2025 as the Group is in loss-making position. | FY2025 | PDF p. 32 |
Extracted from ADVENTUS HOLDINGS LIMITED ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | CLA Global TS Public Accounting Corporation | Group | PDF p. 85 |
| Engagement director | Hock Xiu Min, Sandy | Group | PDF p. 85 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Going concern assumption | These indicate existence of events or conditions that may cast significant doubt on the Group’s ability to continue as a going concern for the next 12 months. | Group | PDF p. 92 |
Extracted from ADVENTUS HOLDINGS LIMITED ANNUAL REPORT 2025 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 ADVENTUS HOLDINGS LIMITED ANNUAL REPORT 2025, 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.