Ryde Group Ltd.
RYDE Technology Software Application
Ryde Group Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $9.7 million, up 48.5% from fiscal 2024.
Follow RYDE
Ryde Group Ltd. (RYDE) Piotroski F-score
Ryde Group Ltd.'s Piotroski F-score for fiscal 2025 is 3 out of 9: 3 of nine tests of profitability, leverage and efficiency passed.
Piotroski F-score, annual
Embed this chart
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 3 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (75.51%) | (257.86%) | Fail | 0 |
| Positive operating cash flow | (18.30m) | (8.59m) | Fail | 0 |
| Rising return on assets | (75.51%) | (257.86%) | Pass | 1 |
| Cash flow above net income | (4.54m) | 5.06m | Fail | 0 |
| Falling long-term leverage | 0.00 | 0.00 | Pass | 1 |
| Rising current ratio | 5.63 | 1.60 | Pass | 1 |
| No new shares issued | 44,799,000 | 21,260,000 | Fail | 0 |
| Rising gross margin | 44.38% | 48.62% | Fail | 0 |
| Rising asset turnover | 0.53 | 1.24 | Fail | 0 |
| Piotroski F-score | Weak — most fundamentals deteriorated | 3 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| EGAN eGain Corporation compare | 7 |
| TRAK ReposiTrak Inc. compare | 7 |
| BVC BitVentures Limited compare | 6 |
| TIOG Tingo Group, Inc. compare | 5 |
| SSTI SoundThinking, Inc. compare | 5 |
| RTB RTB Digital, Inc. compare | 4 |
| RYDE Ryde Group Ltd. | 3 |
| RAAS Cloopen Group Holding Limited Sponsored ADR compare | 3 |
| AIB AIB Data Centers Inc. compare | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover