Assurance Healthcare Limited

Assurance Healthcare Limited

SSGX:RCU
0.04
SGD
0.00
(0.00%)
11.85MMarket 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
15.27
18.51
10.76
2.14
0.08
0.02
0.04
0.04
0.04
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.85
0.1
-6.38
-2.29
0.01
-0.02
-0.08
- -
-0.01
-0.03
-0.01
- -
- -
- -
Free Cash Flow per Basic Share
-1.67
-1.14
3.66
-0.02
-0.07
- -
-0.01
- -
-0.02
-0.01
-0.01
-0.01
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
0.01
- -
- -
- -
- -
- -
- -
Book Value per Share
6.62
4.39
1.15
-1.15
-0.03
-0.05
0.04
0.05
0.03
0.01
0.03
0.03
0.02
0.02
Tangible Book Value per Share
6.56
4.36
1.14
-1.15
-0.03
-0.05
0.04
0.02
0.02
0.01
0.01
0.01
0.01
- -
Basic Weighted Avg Shares
2
2
2
2
16
27
158
167
167
167
215
263
263
263
Sales/Revenue/Turnover
33
40
23
5
1
- -
6
7
8
- -
- -
1
1
- -
Operating Margin (%)
4.93
6.59
-26.3
-38.57
-26.51
-55.57
9.53
-13.43
-20
- -
-628.26
-225.31
-105.42
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
1
1
- -
- -
- -
- -
Net Income, GAAP
-2
- -
-14
-5
- -
-1
-12
- -
-2
-4
-3
-1
-1
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-5.58
0.53
-59.28
-106.91
8.24
-120.98
-218.23
1.48
-25.67
- -
-997.47
-193.22
-98.85
- -
Working Capital
18
13
-7
-3
-1
-2
7
3
2
1
4
2
1
1
LT Debt
7
6
- -
- -
- -
- -
1
1
2
1
- -
- -
- -
- -
Total Equity
14
10
2
-2
-1
-2
8
8
6
1
8
7
6
6
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-12.09
1.79
-230.6
- -
- -
- -
- -
1.29
-29.04
-124.85
-64.05
-14.97
-11
- -

Capital Structure

SGD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
263
263
263
Market Capitalization
15
12
12

Working Capital

SGD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
2
2
2
Cash, Cash Equivalents & STI
2
1
1
Accounts Receivable, Net
1
1
1
Inventories
- -
- -
- -
Total Current Liabilities
1
1
1
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-33.25%
79.5%
-11.25%
Free Cash Flow
287.46%
-135.31%
-48.08%
Net Income, GAAP
-107.39%
-415.59%
-35.56%
Sales/Revenue/Turnover
- -
- -
25.96%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1
2025
- -
- -
1
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

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

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

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

Company Description

CEO
Chew Hua Seng
Full Time Employees
8
Sector
Technology services
Industry
Information technology services
Address
No.11-07 Singapore CE Singapore 049319
IPO Date
Sep 25, 2012
Business
Assurance Healthcare Limited (SGX: RCU), formerly Revez Corporation Ltd., is an investment holding company engaged in the development and distribution of healthcare products, services and managed healthcare solutions through retail, direct selling, network marketing and e-commerce channels in Singapore. The company offers comprehensive managed healthcare services to corporate clients, including cashless clinic access, priority member care, chronic disease management, corporate vaccinations and executive health screenings; it coordinates healthcare delivery via an extensive network of medical service providers to optimise quality, efficiency and cost-effectiveness. Subsidiaries include Singapore Assurance Healthcare Pte. Ltd., which provides these solutions with 24/7 contact centre support, triage concierge services, fast AI-powered claims processing and data analytics; and Magenta Wellness Sdn. Bhd., focused on managed healthcare and wellness for corporations. Founded in 2011 and headquartered at 20 Collyer Quay #11-07, Singapore 049319, the company targets corporate employers primarily in construction and diversifying industries across Singapore. In a major strategic shift completed in 2024, Assurance Healthcare fully transitioned from IT services to healthcare, rebranded its name, consolidated full-year results from Singapore Assurance Healthcare Pte. Ltd. (formerly Magenta Wellness Pte. Ltd., acquired in prior year with another subsidiary), upgraded systems for enhanced online claim access and AI processing, achieved ISO 27001, 27017 and 27018 certifications for information security, cloud security and personal data protection, and expanded medical provider networks while forging marketing partnerships and insurer collaborations to strengthen third-party administrator services. Revenue rose 93% to S$588,000 in FY2024 from full subsidiary consolidation and market penetration efforts, with net loss narrowing to S$1.345 million amid reduced professional fees post-acquisitions and diversification.