Accrelist Ltd. Annual Report 2026
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, S$'000 | 2025Group, S$'000 | Source |
|---|---|---|---|
| Continuing operations | |||
| RevenueS$'000 | 15,641 | 14,030 | PDF p. 73 |
| Cost of salesS$'000 | (8,791) | (8,686) | PDF p. 73 |
| Gross profitS$'000 | 6,850 | 5,344 | PDF p. 73 |
| Other gains/(losses) - net | |||
| - Impairment losses on trade and other receivables, netS$'000 | – | (2,509) | PDF p. 73 |
| - Other receivables written offS$'000 | – | (616) | PDF p. 73 |
| - OthersS$'000 | 828 | 888 | PDF p. 73 |
| Expenses | |||
| - Marketing and distributionS$'000 | (702) | (1,266) | PDF p. 73 |
| - AdministrativeS$'000 | (9,830) | (9,850) | PDF p. 73 |
| - FinanceS$'000 | (147) | (184) | PDF p. 73 |
| Continuing operations | |||
| Share of results of associatesS$'000 | 609 | 312 | PDF p. 73 |
| Loss before tax from continuing operationsS$'000 | (2,392) | (7,881) | PDF p. 73 |
| Income tax credit/(expense)S$'000 | 28 | (28) | PDF p. 73 |
| Loss from continuing operations, net of taxS$'000 | (2,364) | (7,909) | PDF p. 73 |
| Discontinued operations | |||
| Loss from discontinued operations, net of taxS$'000 | – | (149) | PDF p. 73 |
| Loss for the year, net of taxS$'000 | (2,364) | (8,058) | PDF p. 73 |
| Other comprehensive (loss)/income - Currency translation differences arising from consolidation | |||
| - (Losses)/GainsS$'000 | (90) | 436 | PDF p. 73 |
| Other comprehensive (loss)/income | |||
| Share of other comprehensive income of associatesS$'000 | – | 41 | PDF p. 73 |
| Other comprehensive (loss)/income, net of taxS$'000 | (90) | 477 | PDF p. 73 |
| Total comprehensive loss for the yearS$'000 | (2,454) | (7,581) | PDF p. 73 |
| Loss for the year attributable to | |||
| Equity holders of the CompanyS$'000 | (1,143) | (4,662) | PDF p. 73 |
| Non-controlling interestsS$'000 | (1,221) | (3,396) | PDF p. 73 |
| SubtotalS$'000 | (2,364) | (8,058) | PDF p. 73 |
| Total comprehensive loss attributable to | |||
| Equity holders of the CompanyS$'000 | (1,233) | (4,185) | PDF p. 73 |
| Non-controlling interestsS$'000 | (1,221) | (3,396) | PDF p. 73 |
| SubtotalS$'000 | (2,454) | (7,581) | PDF p. 73 |
| Loss per share, from continuing and discontinued operations | |||
| - Basiccents per share | (0.36) | (1.47) | PDF p. 73 |
| - Dilutedcents per share | (0.36) | (1.47) | PDF p. 73 |
| Loss per share, from continuing operations | |||
| - Basiccents per share | (0.36) | (1.45) | PDF p. 73 |
| - Dilutedcents per share | (0.36) | (1.45) | PDF p. 73 |
Original report: PDF p. 73 ↗
For the financial year ended 31 March 2026. The accompanying notes form an integral part of these financial statements. No Company-level income statement is printed.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, S$'000 | 2025Group, S$'000 | Source |
|---|---|---|---|
| Current Assets | |||
| Other assetsS$'000 | 1,537 | 1,679 | PDF p. 74 |
| Trade and other receivablesS$'000 | 812 | 712 | PDF p. 74 |
| InventoriesS$'000 | 1,210 | 756 | PDF p. 74 |
| Financial assets, at fair value through profit or loss (“FVPL”)S$'000 | 440 | 304 | PDF p. 74 |
| Cash and bank balancesS$'000 | 3,443 | 6,231 | PDF p. 74 |
| Tax recoverableS$'000 | – | 164 | PDF p. 74 |
| Total Current AssetsS$'000 | 7,442 | 9,846 | PDF p. 74 |
| Non-Current Assets | |||
| Financial assets, at fair value through other comprehensive income (“FVOCI”)S$'000 | 21 | 37 | PDF p. 74 |
| Property, plant and equipmentS$'000 | 5,198 | 5,968 | PDF p. 74 |
| Intangible assetsS$'000 | 3 | 8 | PDF p. 74 |
| Investment in associatesS$'000 | 5,082 | 4,066 | PDF p. 74 |
| Investment in subsidiariesS$'000 | – | – | PDF p. 74 |
| Other assetsS$'000 | 686 | 701 | PDF p. 74 |
| Investment propertiesS$'000 | 3,083 | 3,183 | PDF p. 74 |
| Deferred tax assetsS$'000 | 17 | 17 | PDF p. 74 |
| Total Non-Current AssetsS$'000 | 14,090 | 13,980 | PDF p. 74 |
| ASSETS | |||
| Total AssetsS$'000 | 21,532 | 23,826 | PDF p. 74 |
| Current Liabilities | |||
| BorrowingsS$'000 | 1,715 | 2,085 | PDF p. 74 |
| Trade and other payablesS$'000 | 5,080 | 4,441 | PDF p. 74 |
| Contract liabilitiesS$'000 | 1,562 | 998 | PDF p. 74 |
| Income tax payableS$'000 | 317 | 340 | PDF p. 74 |
| Total Current LiabilitiesS$'000 | 8,674 | 7,864 | PDF p. 74 |
| Non-Current Liability | |||
| BorrowingsS$'000 | 1,238 | 1,938 | PDF p. 74 |
| Total Non-Current LiabilityS$'000 | 1,238 | 1,938 | PDF p. 74 |
| LIABILITIES AND EQUITY | |||
| Total LiabilitiesS$'000 | 9,912 | 9,802 | PDF p. 74 |
| Capital and Reserves | |||
| Share capitalS$'000 | 75,202 | 75,152 | PDF p. 74 |
| Accumulated lossesS$'000 | (69,452) | (68,309) | PDF p. 74 |
| Other reservesS$'000 | 2,406 | 2,496 | PDF p. 74 |
| Equity attributable to owners of the CompanyS$'000 | 8,156 | 9,339 | PDF p. 74 |
| Non-controlling interestS$'000 | 3,464 | 4,685 | PDF p. 74 |
| Total EquityS$'000 | 11,620 | 14,024 | PDF p. 74 |
| Total Liabilities and EquityS$'000 | 21,532 | 23,826 | PDF p. 74 |
Original report: PDF p. 74 ↗
As at 31 March 2026. Each quoted row also contains the Company columns, shown in the separate Company table.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Company, S$'000 | 2025Company, S$'000 | Source |
|---|---|---|---|
| Current Assets | |||
| Other assetsS$'000 | 8 | 11 | PDF p. 74 |
| Trade and other receivablesS$'000 | 1,557 | 2,516 | PDF p. 74 |
| InventoriesS$'000 | – | – | PDF p. 74 |
| Financial assets, at fair value through profit or loss (“FVPL”)S$'000 | – | – | PDF p. 74 |
| Cash and bank balancesS$'000 | 93 | 62 | PDF p. 74 |
| Tax recoverableS$'000 | – | – | PDF p. 74 |
| Total Current AssetsS$'000 | 1,658 | 2,589 | PDF p. 74 |
| Non-Current Assets | |||
| Financial assets, at fair value through other comprehensive income (“FVOCI”)S$'000 | – | – | PDF p. 74 |
| Property, plant and equipmentS$'000 | – | – | PDF p. 74 |
| Intangible assetsS$'000 | 3 | 4 | PDF p. 74 |
| Investment in associatesS$'000 | – | – | PDF p. 74 |
| Investment in subsidiariesS$'000 | 8,059 | 8,059 | PDF p. 74 |
| Other assetsS$'000 | – | – | PDF p. 74 |
| Investment propertiesS$'000 | – | – | PDF p. 74 |
| Deferred tax assetsS$'000 | – | – | PDF p. 74 |
| Total Non-Current AssetsS$'000 | 8,062 | 8,063 | PDF p. 74 |
| ASSETS | |||
| Total AssetsS$'000 | 9,720 | 10,652 | PDF p. 74 |
| Current Liabilities | |||
| BorrowingsS$'000 | – | 181 | PDF p. 74 |
| Trade and other payablesS$'000 | 1,628 | 1,240 | PDF p. 74 |
| Contract liabilitiesS$'000 | – | – | PDF p. 74 |
| Income tax payableS$'000 | – | – | PDF p. 74 |
| Total Current LiabilitiesS$'000 | 1,628 | 1,421 | PDF p. 74 |
| Non-Current Liability | |||
| BorrowingsS$'000 | – | – | PDF p. 74 |
| Total Non-Current LiabilityS$'000 | – | – | PDF p. 74 |
| LIABILITIES AND EQUITY | |||
| Total LiabilitiesS$'000 | 1,628 | 1,421 | PDF p. 74 |
| Capital and Reserves | |||
| Share capitalS$'000 | 115,893 | 115,843 | PDF p. 74 |
| Accumulated lossesS$'000 | (107,801) | (106,612) | PDF p. 74 |
| Other reservesS$'000 | – | – | PDF p. 74 |
| Equity attributable to owners of the CompanyS$'000 | 8,092 | 9,231 | PDF p. 74 |
| Non-controlling interestS$'000 | – | – | PDF p. 74 |
| Total EquityS$'000 | 8,092 | 9,231 | PDF p. 74 |
| Total Liabilities and EquityS$'000 | 9,720 | 10,652 | PDF p. 74 |
Original report: PDF p. 74 ↗
As at 31 March 2026. Quotes are the full printed rows, which also contain the Group columns.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, S$'000 | 2025Group, S$'000 | Source |
|---|---|---|---|
| Continuing operations | |||
| RevenueS$'000 | 15,641 | 14,030 | PDF p. 73 |
| Cost of salesS$'000 | (8,791) | (8,686) | PDF p. 73 |
| Gross profitS$'000 | 6,850 | 5,344 | PDF p. 73 |
| Other gains/(losses) - net | |||
| - Impairment losses on trade and other receivables, netS$'000 | – | (2,509) | PDF p. 73 |
| - Other receivables written offS$'000 | – | (616) | PDF p. 73 |
| - OthersS$'000 | 828 | 888 | PDF p. 73 |
| Expenses | |||
| - Marketing and distributionS$'000 | (702) | (1,266) | PDF p. 73 |
| - AdministrativeS$'000 | (9,830) | (9,850) | PDF p. 73 |
| - FinanceS$'000 | (147) | (184) | PDF p. 73 |
| Continuing operations | |||
| Share of results of associatesS$'000 | 609 | 312 | PDF p. 73 |
| Loss before tax from continuing operationsS$'000 | (2,392) | (7,881) | PDF p. 73 |
| Income tax credit/(expense)S$'000 | 28 | (28) | PDF p. 73 |
| Loss from continuing operations, net of taxS$'000 | (2,364) | (7,909) | PDF p. 73 |
| Discontinued operations | |||
| Loss from discontinued operations, net of taxS$'000 | – | (149) | PDF p. 73 |
| Total | |||
| Loss for the year, net of taxS$'000 | (2,364) | (8,058) | PDF p. 73 |
| Other comprehensive (loss)/income, net of tax: Currency translation differences arising from consolidation | |||
| - (Losses)/GainsS$'000 | (90) | 436 | PDF p. 73 |
| Other comprehensive (loss)/income, net of tax | |||
| Share of other comprehensive income of associatesS$'000 | – | 41 | PDF p. 73 |
| Other comprehensive (loss)/income | |||
| Other comprehensive (loss)/income, net of taxS$'000 | (90) | 477 | PDF p. 73 |
| Total | |||
| Total comprehensive loss for the yearS$'000 | (2,454) | (7,581) | PDF p. 73 |
| Loss for the year attributable to | |||
| Equity holders of the CompanyS$'000 | (1,143) | (4,662) | PDF p. 73 |
| Non-controlling interestsS$'000 | (1,221) | (3,396) | PDF p. 73 |
| Total comprehensive loss attributable to | |||
| Equity holders of the CompanyS$'000 | (1,233) | (4,185) | PDF p. 73 |
| Non-controlling interestsS$'000 | (1,221) | (3,396) | PDF p. 73 |
| Loss per share - From continuing and discontinued operations | |||
| - Basiccents per share | (0.36) | (1.47) | PDF p. 73 |
| - Dilutedcents per share | (0.36) | (1.47) | PDF p. 73 |
Original report: PDF p. 73 ↗
Note column omitted from values. Loss per share in cents per share. The accompanying notes form an integral part of these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, Share capital, S$'000 | 2026Group, Accumulated losses, S$'000 | 2026Group, Other reserves, S$'000 | 2026Group, Total attributable to owners, S$'000 | 2026Group, Non-controlling interest, S$'000 | 2026Group, Total equity, S$'000 | Source |
|---|---|---|---|---|---|---|---|
| FY2026 | |||||||
| Balance at 1 April 2025S$'000 | 75,152 | (68,309) | 2,496 | 9,339 | 4,685 | 14,024 | PDF p. 75 |
| Loss for the yearS$'000 | – | (1,143) | – | (1,143) | (1,221) | (2,364) | PDF p. 75 |
| Other comprehensive loss for the year, net of taxS$'000 | – | – | (90) | (90) | – | (90) | PDF p. 75 |
| Total comprehensive loss for the yearS$'000 | – | (1,143) | (90) | (1,233) | (1,221) | (2,454) | PDF p. 75 |
| Issuance of sharesS$'000 | 50 | – | – | 50 | – | 50 | PDF p. 75 |
| Balance at 31 March 2026S$'000 | 75,202 | (69,452) | 2,406 | 8,156 | 3,464 | 11,620 | PDF p. 75 |
| FY2025 | |||||||
| Balance at 1 April 2024S$'000 | 74,787 | (63,647) | 1,818 | 12,958 | 8,081 | 21,039 | PDF p. 75 |
| Loss for the yearS$'000 | – | (4,662) | – | (4,662) | (3,396) | (8,058) | PDF p. 75 |
| Other comprehensive income for the year, net of taxS$'000 | – | – | 477 | 477 | – | 477 | PDF p. 75 |
| Total comprehensive loss for the yearS$'000 | – | (4,662) | 477 | (4,185) | (3,396) | (7,581) | PDF p. 75 |
| Issuance of sharesS$'000 | 365 | – | – | 365 | – | 365 | PDF p. 75 |
| Employee compensation via Jubilee’s treasury sharesS$'000 | – | – | 201 | 201 | – | 201 | PDF p. 75 |
| Balance at 31 March 2025S$'000 | 75,152 | (68,309) | 2,496 | 9,339 | 4,685 | 14,024 | PDF p. 75 |
Original report: PDF p. 75 ↗
Columns in order: Share capital, Accumulated losses, Other reserves, Total (owners), Non-controlling interest, Total. Rows are labelled by period; FY2025 movements are for the year ended 31 March 2025 (balance at 1 April 2024 to 31 March 2025). No separate Company statement of changes in equity was found.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, S$'000 | 2025Group, S$'000 | Source |
|---|---|---|---|
| Cash Flows from Operating Activities | |||
| Loss for the yearS$'000 | (2,364) | (8,058) | PDF p. 76 |
| Adjustments for | |||
| Dividend incomeS$'000 | (3) | (14) | PDF p. 76 |
| Interest incomeS$'000 | (109) | (77) | PDF p. 76 |
| Impairment losses on trade and other receivablesS$'000 | – | 2,509 | PDF p. 76 |
| Other receivables written offS$'000 | – | 616 | PDF p. 76 |
| Gain on disposal of interest in an associateS$'000 | – | (148) | PDF p. 76 |
| Depreciation of property, plant and equipmentS$'000 | 2,592 | 2,697 | PDF p. 76 |
| Depreciation of investment propertiesS$'000 | 100 | 99 | PDF p. 76 |
| Amortisation of intangible assetsS$'000 | 5 | 55 | PDF p. 76 |
| Interest expenseS$'000 | 147 | 184 | PDF p. 76 |
| Write-down of inventoriesS$'000 | – | 56 | PDF p. 76 |
| Fair value (gain)/loss on financial assets, at FVPLS$'000 | (136) | 39 | PDF p. 76 |
| Gain on lease terminationS$'000 | (8) | – | PDF p. 76 |
| Income tax (credit)/expenseS$'000 | (28) | 28 | PDF p. 76 |
| Share of profits of associatesS$'000 | (609) | (312) | PDF p. 76 |
| Employee compensation via Jubilee’s treasury sharesS$'000 | – | 201 | PDF p. 76 |
| Unrealised currency translation differencesS$'000 | (158) | 242 | PDF p. 76 |
| Cash Flows from Operating Activities | |||
| Operating cash flows before working capital changesS$'000 | (571) | (1,883) | PDF p. 76 |
| Changes in working capital | |||
| InventoriesS$'000 | (454) | 598 | PDF p. 76 |
| Trade and other receivablesS$'000 | (100) | (123) | PDF p. 76 |
| Other assetsS$'000 | 157 | (973) | PDF p. 76 |
| Deferred tax assets and liabilitiesS$'000 | – | (19) | PDF p. 76 |
| Trade and other payables and contract liabilitiesS$'000 | 1,203 | (450) | PDF p. 76 |
| Cash Flows from Operating Activities | |||
| Cash generated from/(used in) operationsS$'000 | 235 | (2,850) | PDF p. 76 |
| Interest receivedS$'000 | 109 | 77 | PDF p. 76 |
| Income tax refundS$'000 | 169 | 67 | PDF p. 76 |
| Net cash generated from/(used in) operating activitiesS$'000 | 513 | (2,706) | PDF p. 76 |
Original report: PDF p. 76 ↗
Continues on page 77. No Company cash flow statement was found.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, S$'000 | 2025Group, S$'000 | Source |
|---|---|---|---|
| Cash Flows from Investing Activities | |||
| Additions to property, plant and equipment (Note A)S$'000 | (384) | (470) | PDF p. 77 |
| Additions to intangible assetsS$'000 | – | (39) | PDF p. 77 |
| Addition to financial assets, at FVPLS$'000 | – | (300) | PDF p. 77 |
| Additions to investment in associated companyS$'000 | (407) | (3,842) | PDF p. 77 |
| Receipts from non-related partiesS$'000 | – | 3,775 | PDF p. 77 |
| Dividend receivedS$'000 | 3 | 14 | PDF p. 77 |
| Proceeds from disposal of interest in an associateS$'000 | – | 753 | PDF p. 77 |
| Proceeds from disposal of discontinued operations - netS$'000 | – | 1,826 | PDF p. 77 |
| Net cash (used in)/generated from investing activitiesS$'000 | (788) | 1,717 | PDF p. 77 |
| Cash Flows from Financing Activities | |||
| Repayment of borrowings, netS$'000 | (537) | (800) | PDF p. 77 |
| Principal repayment of lease liabilitiesS$'000 | (1,930) | (1,914) | PDF p. 77 |
| Short term bank deposit pledgedS$'000 | (778) | (67) | PDF p. 77 |
| Issuance of sharesS$'000 | 50 | 365 | PDF p. 77 |
| Interest paidS$'000 | (147) | (184) | PDF p. 77 |
| Net cash used in financing activitiesS$'000 | (3,342) | (2,600) | PDF p. 77 |
| Net change in cash | |||
| Net decrease in cash and cash equivalentsS$'000 | (3,617) | (3,589) | PDF p. 77 |
| Cash and cash equivalents at the beginning of the yearS$'000 | 5,404 | 8,896 | PDF p. 77 |
| Net change in cash (Net effect of exchange rate changes on the balances of) | |||
| cash and cash equivalents held in foreign currenciesS$'000 | 51 | 97 | PDF p. 77 |
| Net change in cash | |||
| Cash and cash equivalents at the end of the yearS$'000 | 1,838 | 5,404 | PDF p. 77 |
Original report: PDF p. 77 ↗
Note A: Reconciliation of additions to property, plant and equipment: Additions to property, plant and equipment 1,893 (2026), 3,845 (2025); Less: Non-cash additions to right-of-use assets (1,509) (2026), (3,375) (2025). Also presented: reconciliation of movements of liabilities to financing cash flows (lease liabilities and borrowings), S$'000.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Loss per share | |||
| Net loss for the year attributable to the equity holders of the Company (S$’000)S$'000 | (1,143) | (4,662) | PDF p. 100 |
| Weighted average number of equity shares issued (’000)'000 shares | 320,338 | 316,512 | PDF p. 100 |
| Diluted weighted average number of equity shares issued (’000)'000 shares | 320,338 | 316,512 | PDF p. 100 |
| Basic and diluted loss per share (cents per share) | |||
| From continuing operationscents per share | (0.36) | (1.45) | PDF p. 100 |
| From discontinued operationscents per share | – | (0.02) | PDF p. 100 |
| Total basic loss per sharecents per share | (0.36) | (1.47) | PDF p. 100 |
Original report: PDF p. 100 ↗
Basic and diluted 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.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| From continuing and discontinued operations (cents per share) | |||
| - Basiccents per share | (0.36) | (1.47) | PDF p. 73 |
| - Dilutedcents per share | (0.36) | (1.47) | PDF p. 73 |
Original report: PDF p. 73 ↗
Section 'From continuing and discontinued operations' under 'Loss per share attributable to equity holders of the Company (cents per share)'. A separate 'From continuing operations' basic and diluted block shows (0.36) and (1.45) for 2026 and 2025.
Where the money comes from
| Item / unit | 2026MBU | 2025MBU | 2026AMS | 2025AMS | 2026Others | 2025Others | 2026Total | 2025Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Segment revenue | |||||||||
| Sales of goodsS$'000 | – | – | – | – | 81 | 18 | 81 | 18 | PDF p. 127 |
| Service incomeS$'000 | – | – | 15,560 | 14,012 | – | – | 15,560 | 14,012 | PDF p. 127 |
| Total revenueS$'000 | – | – | 15,560 | 14,012 | 81 | 18 | 15,641 | 14,030 | PDF p. 127 |
| Results | |||||||||
| Gross profit/(loss)S$'000 | – | – | 6,850 | 5,365 | – | (21) | 6,850 | 5,344 | PDF p. 127 |
| Other gains/(losses) – net | |||||||||
| - Impairment losses on trade and other receivables, netS$'000 | – | – | – | (388) | – | (2,121) | – | (2,509) | PDF p. 127 |
| - Other receivables written offS$'000 | – | – | – | – | – | (616) | – | (616) | PDF p. 127 |
| - OthersS$'000 | – | – | 1,427 | (31) | (599) | 919 | 828 | 888 | PDF p. 127 |
| Expenses | |||||||||
| - Marketing and distributionS$'000 | – | – | (702) | (913) | – | (353) | (702) | (1,266) | PDF p. 127 |
| - AdministrativeS$'000 | – | – | (7,475) | (4,955) | (2,355) | (4,895) | (9,830) | (9,850) | PDF p. 127 |
| - FinanceS$'000 | – | – | (115) | (136) | (32) | (48) | (147) | (184) | PDF p. 127 |
| Results | |||||||||
| Share of results of associateS$'000 | (149) | (342) | – | – | 758 | 654 | 609 | 312 | PDF p. 127 |
| Loss before income taxS$'000 | (149) | (342) | (15) | (1,058) | (2,228) | (6,481) | (2,392) | (7,881) | PDF p. 127 |
| Other segment items | |||||||||
| Depreciation of property, plant and equipmentS$'000 | – | – | 2,437 | 2,696 | 20 | 1 | 2,457 | 2,697 | PDF p. 127 |
| Depreciation of investment propertiesS$'000 | – | – | – | – | 100 | 99 | 100 | 99 | PDF p. 127 |
| Amortisation of intangible assetsS$'000 | – | – | 5 | 53 | – | 2 | 5 | 55 | PDF p. 127 |
| Segment assets | |||||||||
| - Total assetsS$'000 | 1,748 | 2,149 | 9,624 | 9,307 | 10,160 | 12,370 | 21,532 | 23,826 | PDF p. 127 |
| Segment liabilities | |||||||||
| - Total liabilitiesS$'000 | 998 | 710 | 7,508 | 7,245 | 1,406 | 1,847 | 9,912 | 9,802 | PDF p. 127 |
Analysis of the Group's revenue and results from continuing operations by reportable operating segments. Segment information does not include the discontinued operation (Note 12). Segments: MBU, AMS, Others (Others includes system and equipment distribution, commodities and resources, and financial technology). Row labels for depreciation/amortisation/impairment wrap over two lines; quotes show the value line.
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Revenue by geographical market (Continuing operations) | |||
| SingaporeS$'000 | 14,551 | 13,587 | PDF p. 128 |
| MalaysiaS$'000 | 1,090 | 443 | PDF p. 128 |
| Total revenueS$'000 | 15,641 | 14,030 | PDF p. 128 |
| Non-current assets | |||
| SingaporeS$'000 | 13,221 | 13,517 | PDF p. 128 |
| MalaysiaS$'000 | 869 | 463 | PDF p. 128 |
| Total non-current assetsS$'000 | 14,090 | 13,980 | PDF p. 128 |
| Additions to plant and equipment | |||
| SingaporeS$'000 | 1,045 | 3,494 | PDF p. 128 |
| MalaysiaS$'000 | 848 | 351 | PDF p. 128 |
| Total additions to plant and equipmentS$'000 | 1,893 | 3,845 | PDF p. 128 |
| Additions to investment properties | |||
| SingaporeS$'000 | – | 3,183 | PDF p. 128 |
| Additions to intangible assets | |||
| SingaporeS$'000 | – | 39 | PDF p. 128 |
Revenue is by geographical market irrespective of origin; non-current assets and additions are by geographical area in which assets are located. Total rows have no printed label; labels are descriptive.
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| By geographical areas | |||
| SingaporeS$'000 | 210 | 198 | PDF p. 129 |
| MalaysiaS$'000 | 2 | 2 | PDF p. 129 |
| Total trade receivablesS$'000 | 212 | 200 | PDF p. 129 |
| By business segments | |||
| - AMSS$'000 | 212 | 200 | PDF p. 129 |
Credit risk for trade receivables based on information provided to key management.
Debt
| Item / unit | 2026Less than 1 year, S$'000 | 2026Within 1 to 2 years, S$'000 | 2026Within 2 to 5 years, S$'000 | 2026Total, S$'000 | 2025Less than 1 year, S$'000 | 2025Within 1 to 2 years, S$'000 | 2025Within 2 to 5 years, S$'000 | 2025Total, S$'000 | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group | |||||||||
| Lease liabilitiesS$'000 | 1,660 | 1,413 | 22 | 3,095 | 1,639 | 1,790 | – | 3,429 | PDF p. 132 |
| Bank borrowingsS$'000 | 125 | 82 | – | 207 | PDF p. 132 | ||||
| Borrowings (including loans from non-related parties)S$'000 | 553 | 207 | – | 760 | PDF p. 132 | ||||
Maturity profile of financial liabilities based on contractual undiscounted cash flows. Trade and other payables row omitted (not debt).
The row label wraps over two lines in the source: 'Borrowings (including loans' / 'from non-related parties)'. Quote is whitespace-normalised.
| Item / unit | 2025Less than 1 year, S$'000 | 2025Within 1 to 2 years, S$'000 | 2025Within 2 to 5 years, S$'000 | 2025Total, S$'000 | Source |
|---|---|---|---|---|---|
| Company 2025 | |||||
| BorrowingsS$'000 | 184 | – | – | 184 | PDF p. 132 |
No Company borrowings row is printed for 2026.
| Item / unit | 2026Group, S$'000 | 2025Group, S$'000 | 2026Company, S$'000 | 2025Company, S$'000 | Source |
|---|---|---|---|---|---|
| Non-current | |||||
| Bank borrowingsS$'000 | 80 | 201 | – | – | PDF p. 124 |
| Lease liabilitiesS$'000 | 1,158 | 1,737 | – | – | PDF p. 124 |
| Total non-current borrowings (unlabelled subtotal)S$'000 | 1,238 | 1,938 | – | – | PDF p. 124 |
| Current | |||||
| Bank borrowingsS$'000 | 118 | 353 | – | – | PDF p. 124 |
| Lease liabilitiesS$'000 | 1,597 | 1,551 | – | – | PDF p. 124 |
| Loans from non-related partiesS$'000 | – | 181 | – | 181 | PDF p. 124 |
| Total current borrowings (unlabelled subtotal)S$'000 | 1,715 | 2,085 | – | 181 | PDF p. 124 |
| Total | |||||
| Total borrowings (unlabelled total)S$'000 | 2,953 | 4,023 | – | 181 | PDF p. 124 |
As at 31 March 2026, the bank borrowings bear interest rates ranging from 5.5% to 8.0% (2025: 5.5% to 8.0%) per annum.
As at 31 March 2025, the bank borrowings of S$234,000 are secured by bank deposits (Note 18). The bank borrowings were fully repaid during the current financial year.
The loans from non-related parties are unsecured, bear an interest rate of 3.5% (2025: 3.5%) per annum and are repayable within the next 12 months.
As at 31 March 2026, bank borrowings are secured by the corporate guarantee provided by the Company (Note 29(a)) and a director of the Company.
| Item / unit | 2026S$'000 | 2025S$'000 | Source |
|---|---|---|---|
| Repricing | |||
| 12 months or lessS$'000 | 118 | 353 | PDF p. 124 |
| More than 12 monthsS$'000 | 80 | 201 | PDF p. 124 |
| Total (unlabelled)S$'000 | 198 | 554 | PDF p. 124 |
Covers bank borrowings only (totals 198 and 554 equal bank borrowings current plus non-current).
| Item / unit | 2026USD, S$'000 | 2026SGD, S$'000 | 2026MYR, S$'000 | 2026Others, S$'000 | 2026Total, S$'000 | 2025USD, S$'000 | 2025SGD, S$'000 | 2025MYR, S$'000 | 2025Others, S$'000 | 2025Total, S$'000 | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial liabilities | |||||||||||
| BorrowingsS$'000 | – | 2,890 | 63 | – | 2,953 | 12 | 3,726 | 285 | – | 4,023 | PDF p. 133PDF p. 134 |
Monetary liabilities denominated in currencies other than the functional currency of the entities holding them is the table's stated basis; amounts here are the carrying amounts presented in the table.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend policy | The Company does not have a policy on payment of dividends. The form, frequency and amount of dividends will depend on the Company’s earnings, general financial condition, results of operations, capital requirements, cash flow, general business conditions, development plans and other factors as the Directors may deem appropriate. The Board would consider a dividend policy at an appropriate time. | Company | PDF p. 38 |
Extracted from Accrelist Ltd. Annual Report 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | Moore Stephens LLP | Group | PDF p. 72 |
| Engagement partner | Mr. Christopher Bruce Johnson | Group | PDF p. 72 |
| Opinion | In our opinion, the consolidated financial statements of the Group and the statement of financial position of the Company are properly drawn up | Group and Company | PDF p. 68 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Going Concern Assumption | These conditions indicate the existence of an uncertainty which may cast doubt about the Group’s ability to continue as a going concern. | Group | PDF p. 79 |
Extracted from Accrelist Ltd. 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 Accrelist Ltd. 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.