R

Ryde Group Ltd
AMEX:RYDE

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Ryde Group Ltd
AMEX:RYDE
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Price: 0.64 USD 6.67%
Market Cap: $77.8m

Gross Margin

48.6%
Current
Improving
by 14.4%
vs 3-y average of 34.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
48.6%
=
Gross Profit
S$4.4m
/
Revenue
S$9m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
48.6%
=
Gross Profit
$4.4m
/
Revenue
S$9m

Peer Comparison

Country Company Market Cap Gross
Margin
SG
Ryde Group Ltd
AMEX:RYDE
77.8m USD
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FR
Ayvens SA
OTC:ALLDF
11B USD
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CN
CaoCao Inc
HKEX:2643
17.4B HKD
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TR
Bin Ulasim ve Akilli Sehir Teknolojileri AS
IST:BINBN.E
17.9B TRY
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ID
Blue Bird Tbk PT
IDX:BIRD
4.2T IDR
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ID
Adi Sarana Armada Tbk PT
IDX:ASSA
3.7T IDR
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CN
Chenqi Technology Ltd
HKEX:9680
1.8B HKD
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CN
Dida Inc
HKEX:2559
1.7B HKD
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UK
Mobico Group PLC
LSE:MCG
139.3m GBP
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IT
Sicily By Car SpA
MIL:SBC
107m EUR
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IN
ECOS (India) Mobility & Hospitality Ltd
NSE:ECOSMOBLTY
7.7B INR
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Market Distribution

Higher than 75% of companies in Singapore
Percentile
75th
Based on 977 companies
75th percentile
48.6%
Low
-1 390 526.2% — 14.7%
Typical Range
14.7% — 43.4%
High
43.4% — 515 258.2%
Distribution Statistics
Singapore
Min -1 390 526.2%
30th Percentile 14.7%
Median 28.1%
70th Percentile 43.4%
Max 515 258.2%

Ryde Group Ltd
Glance View

Market Cap
77.8m USD
Industry
Road & Rail

Ryde Group Ltd is a SG-based company operating in Ground Transportation industry. The company employs 34 full-time employees The company went IPO on 2024-03-06. Ryde Group Ltd is an investment holding company. The firm through its subsidiaries provide mobility and quick commerce solutions to its consumers. The company is a technology-driven platform that offers mobility and quick commerce solutions to its consumers. The Company’s core business is divided into two categories: mobility and quick commerce. Its mobility business segment provides flexible and scheduled carpooling and ride-hailing services, matching riders with its network of driver partners. Its ride-hailing services allow riders to determine the number of seats they require for the trip, and offers real-time, on-demand bookings as well as advance bookings and multi-stop options. Its different service offerings include RydeX, RydeXL, RydeLUXE, RydeFLASH, RydePET, RydeHIRE, and RydeTAXI services. Its quick commerce business segment is a package delivery booking service, which enables driver partners to accept bookings for package delivery services through its driver partner app.

RYDE Intrinsic Value
0.15 USD
Overvaluation 77%
Intrinsic Value
Price
R
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
48.6%
=
Gross Profit
S$4.4m
/
Revenue
S$9m
What is Ryde Group Ltd's current Gross Margin?

The current Gross Margin for Ryde Group Ltd is 48.6%, which is above its 3-year median of 34.2%.

How has Gross Margin changed over time?

Over the last 1 years, Ryde Group Ltd’s Gross Margin has increased from 21.4% to 48.6%. During this period, it reached a low of 21.4% on Dec 1, 2023 and a high of 48.6% on Jan 31, 2025.

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