Gallant Venture Ltd.

Gallant Venture Ltd.

GLVNF
Gallant Venture Ltd.US flagOther OTC
0.07
USD
- -
- -
382.42MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.46
0.48
0.42
0.36
0.36
0.34
0.03
0.03
0.03
0.03
0.03
0.03
0.04
0.37
Basic EPS, GAAP
0.01
- -
-0.03
0.01
-0.03
-0.01
-0.04
-0.13
-0.01
- -
- -
-0.01
- -
-0.04
Free Cash Flow per Basic Share
-0.07
-0.02
-0.01
-0.02
-0.03
-0.09
-0.09
- -
- -
- -
- -
-0.01
- -
-0.09
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.49
0.41
0.34
0.36
0.34
0.3
0.26
0.14
0.13
0.13
0.12
0.11
0.12
0.26
Tangible Book Value per Share
0.33
0.29
0.22
0.23
0.2
0.19
0.16
0.15
0.15
0.14
0.14
0.13
0.1
0.16
Basic Weighted Avg Shares
4,021
4,825
4,825
4,825
4,868
5,338
5,345
5,425
5,444
5,463
5,463
5,463
5,463
5,339
Sales/Revenue/Turnover
1,855
2,328
2,028
1,716
1,747
1,833
173
138
145
167
183
191
215
1,966
Operating Margin (%)
2.6
4.33
0.24
0.09
1.71
2.84
-6.14
-13.07
-3.51
6.61
9.93
12.65
7.77
2.36
Depreciation Expense
94
123
126
121
115
116
135
70
33
30
31
30
36
135
Net Income, GAAP
36
8
-145
72
-136
-74
-222
-687
-56
-14
-15
-47
10
-222
Effective Tax Rate (%)
16.27
81.08
- -
34.23
- -
- -
- -
- -
- -
935.09
771.14
- -
64.48
- -
Profit Margin (%)
1.96
0.32
-7.14
4.21
-7.81
-4.02
-127.94
-497.43
-38.3
-8.16
-8.12
-24.46
4.66
-11.29
Working Capital
743
736
440
835
443
265
143
285
627
597
548
587
62
143
LT Debt
1,270
1,287
1,123
1,269
968
1,193
1,600
8
365
338
316
463
7
1,600
Total Equity
2,149
2,185
1,834
1,867
1,712
1,732
1,519
826
821
759
748
687
597
1,519
Return on Invested Capital (%)
1.39
0.44
- -
0.02
- -
- -
- -
- -
- -
-7.75
-10.57
- -
0.51
- -
Return on Capital (%)
2.77
0.79
- -
4.3
- -
- -
- -
- -
- -
-22.15
-24.07
- -
2.29
- -
Return on Common Equity (%)
2.24
0.38
-7.99
4.29
-8.11
-4.57
-14.87
-63.59
-7.66
-1.96
-2.18
-7.2
1.59
-14.87

Capital Structure

FRC

in mil. unless spec.
Jun'19
Sep'19
Dec'19
ST Debt
1,662
1,610
1,692
LT Borrowings
1,403
1,637
1,593
LT Finance Leases
- -
- -
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,338
5,338
5,425
Market Capitalization
578
369
575

Working Capital

FRC

in mil. unless spec.
Jun'19
Sep'19
Dec'19
Total Current Assets
2,465
2,456
2,362
Cash, Cash Equivalents & STI
206
217
231
Accounts Receivable, Net
776
767
230
Inventories
906
868
870
Total Current Liabilities
2,201
2,139
2,220
Payables & Accruals
- -
- -
- -
ST Debt
1,662
1,610
1,692
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-9.41%
-6.17%
-13.16%
Free Cash Flow
24.57%
-7.99%
-93.91%
Net Income, GAAP
-13.91%
-13%
-121.44%
Sales/Revenue/Turnover
-7.29%
9.33%
12.64%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
183
2024
- -
- -
- -
- -
191
2025
- -
- -
- -
- -
215

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
-0.01
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Eugene Cho Park
Full Time Employees
1,933
Sector
Utilities
Industry
Diversified Utilities
Address
No. 16-01 HarbourFront Tower Two Singapore Singapore 099254
IPO Date
May 15, 2012
Business
Gallant Venture Ltd., a Singapore-based investment holding company founded in 2003 and headquartered at 3 HarbourFront Place #16-01 HarbourFront Tower Two, Singapore, serves as an integrated commercial developer, master planner and manager of industrial parks and resorts primarily in the Batam and Bintan Islands of Indonesia's Riau Archipelago; it operates through Industrial Parks, Utilities, Property Development, Resort Operations and Strategic Investments segments. The Industrial Parks segment develops, constructs, operates and maintains industrial properties with supporting infrastructure in Batamindo Industrial Park and Bintan Industrial Estate; the Utilities segment supplies electricity via 26 generators with 124MW capacity at Batamindo, 3 generators with 10MW at Bintan Industrial Estate and 4 generators with 24MW at Bintan Resorts, alongside water supply, telecommunications, waste management and sewage treatment; the Property Development segment develops industrial, commercial, residential and resort properties across Batam, Bintan and broader Indonesia, including business management consultancy and wholesale of hotels, resorts and golf courses; the Resort Operations segment provides ferry services, terminal operations, security, fire-fighting, medical, estate and township maintenance to Bintan Resorts operators; and Strategic Investments include associate PT Indomobil Sukses Internasional Tbk (PT IMAS), which distributes Audi, Nissan, Volkswagen, Suzuki, KIA, Jaguar, Land Rover, Citroen, Hino, Renault Trucks and others. Recent developments encompass PT IMAS partnering with Inchcape plc in 2023-2024 to acquire Mercedes-Benz's assembly and distribution business in Indonesia, expanding its portfolio to include Jaguar, Land Rover, Citroën, AION and Great Wall brands through PT Inchcape Indomobil Distribution Indonesia and a Bogor assembly plant; in October 2025, Gallant Venture and subsidiary PT Batamindo Investment Cakrawala (PT BIC) entered a non-binding term sheet with Broadwood Road Limited for up to US$683.6 million (S$930.7 million) convertible bonds carrying 9% annual coupon maturing in approximately eight years to fund construction of a 3x350MW coal-fired power plant, enhancing utilities expansion with targeted completion by March 2026 subject to approvals; additionally, the company reported first half 2025 earnings with EPS of S$0.004 versus a prior loss and continues renewals of key operations into 2025. Gallant Venture, a subsidiary of Raffles Nominees (Pte) Limited, targets industrial tenants, resort operators and property developers in Southeast Asia with approximately 2,000 employees and trailing twelve-month revenue of S$198 million.