Ryde Group Ltd Q2 2025 Financial Results

Ryde Group Ltd reported its unaudited interim condensed consolidated financial statements for the six months ended June 30, 2025. The company recorded a net loss of S$4,812,000 (US$3,783,000) and negative cash flow from operating activities of S$2,106,000 (US$1,656,000). Revenue for the period was S$5,748,000 (US$4,519,000), driven by mobility and quick commerce services. The company also completed a registered direct offering on September 10, 2025, issuing 6,422,000 Class A ordinary shares at US$0.25 per share, raising US$1.6 million. Additionally, a private offering on October 13, 2025, issued 33,340,000 Class A ordinary shares at US$0.30 per share, raising US$10 million. The company continues to focus on its core business of providing mobility and quick commerce solutions in Singapore.