Ryde Reports First Half 2026 Results
Ryde Group reported 1H 2026 revenue of S$6.7 million (US$5.2 million), up 17% year-over-year, with mobility revenue up 8% to S$4.5 million. The Adjusted EBITDA deficit narrowed 37% to S$1.9 million, driven mainly by a S$1.3 million reduction in legal and professional fees. However, net loss widened to S$13.4 million from S$4.8 million, largely due to S$11.4 million of share-based compensation.
Key figures
- Revenue
- 6735000
- Revenue Yoy
- 17%
- Revenue usd
- 5204000
- Adjusted ebitda
- -S$1.9 million (US$1.5 million), improved 37% from -S$3.0 million
- Mobility revenue
- S$4.5 million, up 8%
- Private offering
- US$14.9 million completed April 2026
- Share based compensation
- 11392000
- Management consultancy income
- S$0.6 million
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.