GoAI
Get started
Ryde Group Ltd logo

Ryde Group Ltd

RYDE

AMEXTechnologySoftware - Application

Open in GoAI

Previous close

$0.8285

−$0.0164 · -1.94%

Aug 21, 3:59 PM ET

RYDE company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

60

Fair Value

Momentum

40

Weakening

Sentiment

56

Mixed

Risk resilience

9

Extreme Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Ryde Group Ltd engages in the provision of mobility and quick commerce solutions in Singapore. The company offers on-demand and scheduled carpooling and ride-hailing services; matching riders to its driver partners; and on-demand, scheduled, and multi-stop parcel delivery services. It also operates RydePay, a digital payments solution that allows users to pay and top up by card and to pay by RydeCoins; and Ryde+, a value subscription plan service. The company was founded in 2014 and is headquartered in Singapore.

Industry
Software - Application
Sector
Technology
Headquarters
SG
CEO
Jun Ming Zou
Listed since
Mar 8, 2024
Employees
25

Market position

Day range

Current $0.8285

52-week range

Current $0.8285

Open
$0.7531
Previous close
$0.8449
Volume
81.12K
0.2× average
Average volume
410.91K
Average daily volume
Market cap
22.1M USD
Beta
3.09
Market reference 1
50-day average
$0.7208
+14.94% above average
200-day average
$0.6525
+26.97% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.21M SGD
P/E (TTM)
-1.43×
P/B (TTM)
0.9×
P/S (TTM)
1.82×
EV / EBITDA
-0.25×
Earnings yield
-193.25%
Free cash flow yield
-263.58%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
26.18%
Operating margin
-118.42%
Net margin
-130.69%
Return on equity
-55.58%
Return on assets
-46.18%
Return on invested capital
-54.44%

Financial health

Debt / equity
0×
Current ratio
5.63×
Altman Z-score
0.3
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends49%-45%-138%-232%Gross margin, FY2021: 2.75%Gross margin, FY2022: -8.68%Gross margin, FY2023: 21.39%Gross margin, FY2024: 23.24%Gross margin, FY2025: 25.72%Operating margin, FY2021: 2.78%Operating margin, FY2022: -34.20%Operating margin, FY2023: -135.68%Operating margin, FY2024: -207.80%Operating margin, FY2025: -139.74%Net margin, FY2021: -19.87%Net margin, FY2022: -55.78%Net margin, FY2023: -148.00%Net margin, FY2024: -208.38%Net margin, FY2025: -141.49%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 2.75%. Gross margin FY2022 -8.68%. Gross margin FY2023 21.39%. Gross margin FY2024 23.24%. Gross margin FY2025 25.72%. Operating margin FY2021 2.78%. Operating margin FY2022 -34.20%. Operating margin FY2023 -135.68%. Operating margin FY2024 -207.80%. Operating margin FY2025 -139.74%. Net margin FY2021 -19.87%. Net margin FY2022 -55.78%. Net margin FY2023 -148.00%. Net margin FY2024 -208.38%. Net margin FY2025 -141.49%.

Income trends

Revenue

12.51M SGD+39.73%

Operating income

−17.48M SGD+6.03%

Net income

−17.7M SGD+5.12%
Income trends across reported periods15.62M SGD3.16M SGD−9.3M SGD−21.77M SGDRevenue, FY2021: 6.2M SGDRevenue, FY2022: 8.83M SGDRevenue, FY2023: 8.67M SGDRevenue, FY2024: 8.95M SGDRevenue, FY2025: 12.51M SGDOperating income, FY2021: 172K SGDOperating income, FY2022: −3.02M SGDOperating income, FY2023: −11.76M SGDOperating income, FY2024: −18.6M SGDOperating income, FY2025: −17.48M SGDNet income, FY2021: −1.23M SGDNet income, FY2022: −4.92M SGDNet income, FY2023: −12.83M SGDNet income, FY2024: −18.65M SGDNet income, FY2025: −17.7M SGDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.2M SGD. Revenue FY2022 8.83M SGD. Revenue FY2023 8.67M SGD. Revenue FY2024 8.95M SGD. Revenue FY2025 12.51M SGD. Operating income FY2021 172K SGD. Operating income FY2022 −3.02M SGD. Operating income FY2023 −11.76M SGD. Operating income FY2024 −18.6M SGD. Operating income FY2025 −17.48M SGD. Net income FY2021 −1.23M SGD. Net income FY2022 −4.92M SGD. Net income FY2023 −12.83M SGD. Net income FY2024 −18.65M SGD. Net income FY2025 −17.7M SGD.
Metric (SGD)FY2025FY2024FY2023FY2022FY2021
Revenue12.51M SGD8.95M SGD8.67M SGD8.83M SGD6.2M SGD
Cost of goods sold9.29M SGD6.87M SGD6.81M SGD7.17M SGD4.44M SGD
Gross profit3.22M SGD2.08M SGD1.85M SGD−765.78K SGD170.41K SGD
Selling, general, and administrative16.15M SGD14.96M SGD11.97M SGD2.7M SGD722K SGD
Operating expenses20.69M SGD20.68M SGD13.61M SGD2.77M SGD1.29M SGD
Interest expense5K SGD77K SGD446K SGD198K SGD118K SGD
Depreciation and amortization613K SGD559K SGD402K SGD301K SGD273K SGD
Operating income−17.48M SGD−18.6M SGD−11.76M SGD−3.02M SGD172K SGD
Net income−17.7M SGD−18.65M SGD−12.83M SGD−4.92M SGD−1.23M SGD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
25%
1 beat, 3 misses, 0 met estimates
Average EPS surprise
-254.77%
4 comparable reports
Latest EPS result
-0.02
Estimate -0.03 · Beat by 49.97%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.01-0.22-0.42-0.63Q2 '22No estimateQ4 '22No estimateQ4 '23No estimateQ2 '24No estimateQ4 '24MissQ2 '25MissQ4 '25MissQ2 '26Beat
Q2 2022, reported Jun 30, 2022: actual -0.104, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 31, 2022: actual -0.083, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Oct 2, 2023: actual -0.16, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 29, 2024: actual -0.098, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 23, 2024: actual -0.585, estimate -0.059, surprise -892.52%, Miss. Q2 2025, reported Apr 28, 2025: actual -0.132, estimate -0.059, surprise -125.00%, Miss. Q4 2025, reported Oct 24, 2025: actual -0.143, estimate -0.094, surprise -51.54%, Miss. Q2 2026, reported May 6, 2026: actual -0.016, estimate -0.031, surprise +49.97%, Beat.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates4.93M4.08M3.23M2.38MQ2 '22No estimateQ4 '22No estimateQ4 '23No estimateQ2 '24No estimateQ4 '24BeatQ2 '25BeatQ4 '25BeatQ2 '26Miss
Q2 2022, reported Jun 30, 2022: actual 2.57M USD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 31, 2022: actual 3.82M USD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Oct 2, 2023: actual 3.92M USD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 29, 2024: actual 2.58M USD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 23, 2024: actual 3.15M USD, estimate 3.02M USD, surprise +4.23%, Beat. Q2 2025, reported Apr 28, 2025: actual 3.37M USD, estimate 3.15M USD, surprise +6.98%, Beat. Q4 2025, reported Oct 24, 2025: actual 4.61M USD, estimate 3.77M USD, surprise +22.29%, Beat. Q2 2026, reported May 6, 2026: actual 2.93M USD, estimate 4.74M USD, surprise -38.12%, Miss.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

1 institution
Maxim GroupmaintainBuy

RYDE news

accessnewswire.com

Ryde Signs MOU With OneT Solutions to Strengthen Cybersecurity and DevSecOps Capabilities

SINGAPORE, SG / ACCESS Newswire / August 12, 2026 / Ryde Group Ltd (NYSE American:RYDE) ("Ryde" or the "Company"), a leading technology platform for mobility and quick commerce in Singapore, today announced that it has…

Read source
accessnewswire.com

Ryde Partners with HERE Technologies to Power Smarter Routing and Faster Ride-Hailing Across Singapore

Ryde is enhancing driver matching, routing accuracy and ETA predictions to deliver a faster and more reliable ride-hailing experience. HERE Technologies provides advanced mapping, routing and real-time traffic…

Read source
accessnewswire.com

Ryde Signs MOU with UISEE to Explore Strategic Collaboration in Autonomous Vehicle Projects in Singapore

SINGAPORE, SG / ACCESS Newswire / July 6, 2026 / Ryde Group Ltd (NYSE American:RYDE) ("Ryde" or the "Company"), a leading data-driven technology company and Singapore's first homegrown carpooling app, today announced it…

Read source
accessnewswire.com

Ryde Launches Co-Branded Bicycle Activation with HelloRide Across Singapore

SINGAPORE, SG / ACCESS Newswire / June 16, 2026 / Ryde Group Ltd (NYSE American:RYDE) ("Ryde" or the "Company"), a leading technology platform for mobility and quick commerce in Singapore, today announced the launch of a…

Read source
accessnewswire.com

Ryde Introduces RydePET XL and Enhanced Pet Travel Categories

SINGAPORE, SG / ACCESS Newswire / May 26, 2026 / Ryde Group Ltd (NYSE American:RYDE) ("Ryde" or the "Company") , a leading technology platform for mobility and quick commerce in Singapore, is pleased to announce…

Read source

RYDE peers

Unusual Machines, Inc. logo

UMAC

Unusual Machines, Inc.

$27.43

+5.58%

Quantum eMotion Corp. logo

QNC

Quantum eMotion Corp.

$2.13

-1.84%

BK Technologies Corporation logo

BKTI

BK Technologies Corporation

$78.00

-0.04%

M-tron Industries, Inc. logo

MPTI

M-tron Industries, Inc.

$81.01

+0.28%

Exodus Movement, Inc. logo

EXOD

Exodus Movement, Inc.

$7.50

-3.97%

Marti Technologies, Inc. logo

MRT

Marti Technologies, Inc.

$2.15

+5.91%

Continue in GoAI

Research RYDE

research.disclaimer