Tracx Logis Pte. Ltd. (TRCX)

Tracx Logis Pte. will go public soon, but the exact IPO date is still unknown.

IPO Price Range

$18.00 - $22.00

Shares Offered

1,500,000

Deal Size

$30.00M

Tracx Logis Pte. Financials Overview

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

Millions SGD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	167.11	167.11	294.08
Revenue Growth	-	-43.18%	-
Gross Profit	9.86	9.86	15.99
Operating Income	-5.17	-5.17	-57.56
Net Income	-1.68	-1.68	-52.31

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Cash & Investments	14.53	14.53	9.23
Total Debt	233.31	233.31	208.65
Net Cash (Debt)	-218.78	-218.78	-199.42
Net Cash Growth	-	-	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Operating Cash Flow	-20.69	-20.69	-16.22
Free Cash Flow	-21.03	-21.03	-16.77
Free Cash Flow Growth	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Gross Margin	5.90%	5.90%	5.44%
Operating Margin	-3.10%	-3.10%	-19.57%
Pretax Margin	-0.55%	-0.55%	-18.03%
Profit Margin	-1.00%	-1.00%	-17.79%
FCF Margin	-12.58%	-12.58%	-5.70%