Ryde Group Ltd (RYDE) FinancialsRYDEFinancialRyde Group Ltd

Evaluating the bottom line, Ryde Group Ltd maintains a gross margin of 39.48%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -138.79%, while the net margin is -139.53%. These profitability ratios, combined with a Return on Equity (ROE) of N/A, provide a clear picture of how effectively RYDE converts its operational activities into shareholder value.

In the context of the broader market, RYDE competes directly with industry leaders such as GETY and BZFD. With a market capitalization of $119.99M, it holds a leading position in the sector. When comparing efficiency, RYDE's gross margin of 39.48% stands against GETY's 63.23% and BZFD's 24.31%. Such benchmarking helps identify whether Ryde Group Ltd is trading at a premium or discount relative to its financial performance.

Ryde Group's financial performance shows a narrowing net loss for fiscal 2025, with a loss of S$17.79 million, compared to S$18.45 million the previous year. Revenue grew by 39.9% to S$12.51 million, indicating growth potential despite ongoing losses.