Versalink Holdings Ltd

Versalink Holdings Ltd

SSGX:40N
0.02
SGD
+0.00
(+5.56%)
5.54MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.72
0.49
0.44
0.38
0.46
0.38
0.37
0.26
0.28
0.33
0.28
0.3
0.27
- -
Basic EPS, GAAP
0.13
- -
0.05
-0.01
-0.02
-0.05
-0.01
-0.03
-0.02
0.12
-0.05
-0.02
-0.04
- -
Free Cash Flow per Basic Share
0.11
0.01
0.01
-0.06
-0.02
- -
- -
-0.02
0.03
0.03
0.01
-0.01
0.02
- -
Dividend per Share
0.07
0.02
0.01
0.02
- -
- -
- -
- -
- -
- -
0.06
- -
- -
- -
Book Value per Share
0.33
0.47
0.51
0.48
0.46
0.4
0.39
0.36
0.34
0.21
0.15
0.13
0.09
0.13
Tangible Book Value per Share
0.33
0.47
0.51
0.47
0.46
0.4
0.39
0.36
0.34
0.21
0.15
0.13
0.09
0.13
Basic Weighted Avg Shares
110
121
135
135
135
135
135
135
135
135
135
135
135
135
Sales/Revenue/Turnover
79
60
59
51
63
51
49
35
38
45
38
40
37
- -
Operating Margin (%)
23.44
4
8.76
-5.03
-1.13
-18.06
-1.06
-9.52
-6.67
-0.62
-12.58
-7.85
-15.4
- -
Depreciation Expense
2
2
2
3
3
3
3
3
2
2
3
2
2
- -
Net Income, GAAP
15
1
7
-2
-3
-7
-1
-4
-2
16
-7
-3
-6
- -
Effective Tax Rate (%)
22.65
77.47
20.45
- -
- -
- -
- -
- -
- -
1.78
- -
- -
- -
- -
Profit Margin (%)
18.45
1.01
12.31
-3.73
-4.02
-13.75
-2.81
-11.85
-6.23
35.23
-18.76
-6.59
-15.86
- -
Working Capital
21
39
41
36
36
22
19
19
18
22
18
15
8
15
LT Debt
- -
1
- -
- -
1
- -
1
- -
1
5
2
- -
5
- -
Total Equity
44
63
68
64
63
54
53
49
46
28
21
18
12
18
Return on Invested Capital (%)
- -
0.88
9.61
- -
- -
- -
- -
- -
- -
39.79
- -
- -
- -
- -
Return on Capital (%)
- -
1.25
11.13
- -
- -
- -
- -
- -
- -
37.38
- -
- -
- -
- -
Return on Common Equity (%)
- -
1.12
11.14
-2.87
-3.99
-12.03
-2.59
-8.28
-4.96
42.55
-29.02
-13.46
-38.48
- -

Capital Structure

MYR

•

in mil. unless spec.
Feb'24
Aug'25
Feb'25
ST Debt
3
4
5
LT Borrowings
- -
- -
2
LT Finance Leases
2
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
135
135
135
Market Capitalization
23
22
18

Working Capital

MYR

•

in mil. unless spec.
Feb'24
Aug'25
Feb'25
Total Current Assets
29
31
27
Cash, Cash Equivalents & STI
13
17
11
Accounts Receivable, Net
3
3
3
Inventories
6
8
6
Total Current Liabilities
11
15
13
Payables & Accruals
- -
- -
- -
ST Debt
3
4
5
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-14.72%
-22.95%
-32.25%
Free Cash Flow
-2,174.46%
-171.65%
-415.87%
Net Income, GAAP
-69.3%
-179.8%
123.71%
Sales/Revenue/Turnover
-3.33%
1.61%
-7.07%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

MYR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
38
2025
- -
- -
40
2026
- -
- -
37

Semi-annual Earnings Per Share

MYR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.05
2025
- -
- -
-0.02
2026
- -
- -
-0.04

Semi-annual Dividends Per Share

MYR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.06
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Sector
Producer manufacturing
Industry
Office equipment/Supplies
Address
Klang Malaysia
IPO Date
Sep 24, 2014
Business
Versalink Holdings Limited is a Singapore-listed investment holding company engaged in the design, manufacture, marketing, and global export of office furniture and workspace solutions. Founded in 1991 and headquartered in Klang, Selangor, Malaysia, with its public listing on the Catalist board of the Singapore Exchange (SGX: 40N), the company operates primarily across two business segments: Domestic and Export. The company serves a diverse client base comprising corporate enterprises, financial institutions, government bodies, healthcare organizations, educational institutions, hospitality providers, and international commercial partners. The company manufactures and markets proprietary workspace collections under its core Versalink and Victoria brand names, while also delivering customized original equipment manufacturing (OEM) and original design manufacturing (ODM) solutions. Its extensive product portfolio includes modular workstation systems, open-plan benching, and panel-based desking systems; height-adjustable and ergonomic sit-stand desks; executive desking suites, conference tables, and boardroom furnishings; ergonomic task seating, executive managerial chairs, conference seating, and visitor chairs; collaborative soft seating, modular lounge suites, breakout sofas, and cafeteria furniture; mobile pedestals, lateral filing cabinets, credenzas, storage towers, and metal shelving systems; acoustic privacy pods, sound-dampening architectural screens, and phone booths; and custom architectural millwork and joinery. Beyond hardware manufacturing, the company provides comprehensive workspace planning, interior layout design, project management, and global supply chain fulfillment services. Versalink carries out manufacturing and supply operations primarily through its main operating subsidiary, Jemaramas Jaya Sdn. Bhd., alongside entities such as Versalink Marketing Sdn. Bhd., Versalink System Sdn. Bhd., and Versalink Technology Sdn. Bhd. The group operates integrated production facilities in Malaysia equipped with computer numerical control machinery and automated fabrication technologies. The company exports its products to more than 40 countries across the Asia-Pacific region, North America, the Middle East, Europe, Africa, and Australasia. In recent operational and strategic developments, Versalink has expanded its product portfolio to address the rise of agile and hybrid office environments, introducing modular acoustic booths, flexible collaborative divider systems, and integrated smart desking platforms. The company has continued to upgrade its manufacturing infrastructure with automated machinery and digital production tracking to enhance manufacturing precision, shorten turnaround times, and mitigate labor constraints. To advance corporate sustainability and reduce operational expenditure, Versalink implemented solar photovoltaic energy systems across its primary production facilities in Malaysia. Additionally, the company has actively rationalized and strengthened its global distribution networks and OEM/ODM manufacturing partnerships across key export markets in North America and Southeast Asia.