JustCo Holdings Limited

JustCo Holdings Limited

JCO.SI
JustCo Holdings LimitedSG flagStock Exchange of Singapore
0.66
SGD
-0.03
- -
252.61MMarket Cap
2023 Y
2024 Y
2025 Y
Revenue per Share
0.23
0.26
- -
Basic EPS, GAAP
-0.03
-0.02
- -
Free Cash Flow per Basic Share
0.13
0.14
- -
Dividend per Share
- -
- -
- -
Book Value per Share
0.48
0.46
- -
Tangible Book Value per Share
0.08
0.06
- -
Basic Weighted Avg Shares
489
489
- -
Sales/Revenue/Turnover
114
128
151
Operating Margin (%)
1.17
2.79
11.04
Depreciation Expense
63
71
78
Net Income, GAAP
-12
-10
2
Effective Tax Rate (%)
- -
- -
- -
Profit Margin (%)
-10.95
-7.87
1.17
Working Capital
3
5
-19
LT Debt
265
268
337
Total Equity
48
40
39
Return on Invested Capital (%)
- -
- -
- -
Return on Capital (%)
- -
- -
- -
Return on Common Equity (%)
- -
-4.39
0.78

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-0.35%
Free Cash Flow
- -
- -
32.62%
Net Income, GAAP
- -
- -
-117.54%
Sales/Revenue/Turnover
- -
- -
17.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
114
2024
- -
- -
- -
- -
128
2025
- -
- -
- -
- -
151

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-0.03
2024
- -
- -
- -
- -
-0.02
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
Wan Sing Kong
Full Time Employees
236
Sector
Real Estate
Industry
Real Estate - Services
Address
7 Straits View Singapore Singapore 018936
IPO Date
May 22, 2026
Business
JustCo Holdings Limited, a Singapore-based flexible workspace provider, delivers coworking solutions and related services across the Asia-Pacific region through its JustCo platform. The company focuses on private offices, coworking memberships (hot desk and dedicated desk), meeting rooms, event spaces, and virtual offices, complemented by space design, community programming, and a proprietary booking app. Headquartered in Singapore, JustCo operates a network of centres in multiple cities and markets, including Singapore, Tokyo, Seoul, Melbourne, Sydney, Bangkok, and beyond. Founded in 2011, the company markets its offerings under the JustCo brand and positions itself as a scalable platform for hybrid work, enabling corporations, startups, and individuals to access flexible workspace locations via a single membership. In addition to physical space, JustCo provides services and fees tied to space usage, membership plans, and related value-added offerings. The business model emphasizes tenant attraction and retention through centralized branding, a diversified centre footprint, and partnerships with landlords to expand through new markets and locations. JustCo has pursued expansion and capital-raising initiatives in recent years, including plans for an IPO in Singapore and potential reorganization under a holding company framework, signaling a strategic shift toward broader public-market access and international growth. The company’s operations span Singapore, Japan, South Korea, Australia, Thailand, and other APAC markets, with ongoing development of its digital platform to support space booking, membership management, and enterprise solutions for corporate clients. As part of its strategic updates, JustCo announces efforts to broaden centre counts, diversify product lines, and enhance collaboration with property owners and regional partners to sustain growth in a competitive flex-space environment. Founders, headquarters, and corporate structure are anchored in Singapore, with regional subsidiaries and affiliates supporting its multi-market footprint and service delivery. The latest investor and market activity reflects continuing emphasis on scalable flex-space offerings, enterprise-grade memberships, and technology-enabled workspace management. JustCo’s market position centers on integrated workspace platforms, digital booking tools, and a networked membership model designed to serve diverse customer segments from startups to large enterprises seeking flexible office solutions. The company’s long-term strategy emphasizes geographic diversification, platform development, and partnerships to sustain acceleration in the dynamic hybrid-work economy. The combination of physical centres and a digital platform aims to provide seamless access to flexible workspaces while enabling predictable monetization through membership and usage-based revenues. The business remains closely tied to the broader trend of flexible office demand in the APAC region and internationally, with ongoing evaluations of new markets and service enhancements to maintain growth momentum. [citations would follow after each factual sentence in a real analysis]