Sea Forrest International Ltd. (SFTI)

Sea Forrest International will go public soon, but the exact IPO date is still unknown.

IPO Price Range

$4.00 - $4.50

Shares Offered

3,750,000

Deal Size

$15.94M

Sea Forrest International Income Statement

Financials in millions SGD. Fiscal year is January - December.

Millions SGD. Fiscal year is Jan - Dec.

Year Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	6.93	5.92
Revenue Growth (YoY)	17.12%	-
Cost of Revenue	4.17	3.88
Gross Profit	2.76	2.04
Selling, General & Admin	3.13	3.19
Research & Development	0.77	1.16
Operating Expenses	3.91	4.35
Operating Income	-1.15	-2.31
Interest Expense / Income	0.2	0.19
Other Expense / Income	-0.16	-0.03
Pretax Income	-1.19	-2.47
Income Tax	-0.02	-0.58
Net Income	-1.17	-1.9
Free Cash Flow	-1.87	0.04
Gross Margin	39.80%	34.44%
Operating Margin	-16.54%	-38.97%
Profit Margin	-16.89%	-32.04%
Free Cash Flow Margin	-26.96%	0.73%
EBITDA	-0.92	-2.21
EBITDA Margin	-13.20%	-37.25%
Depreciation & Amortization	0.08	0.07
EBIT	-0.99	-2.28
EBIT Margin	-14.30%	-38.52%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).