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Orangekloud Technology Inc. Class A ( (ORKT) ) just unveiled an announcement.
On October 30, 2025, Orangekloud Technology Inc. released its unaudited financial results for the first half of 2025, showing a 21.6% increase in revenue to S$2.5 million compared to the same period in 2024. Despite the revenue growth, the company reported a net loss of S$3.6 million, attributed to increased costs in general and administrative expenses post-IPO. The financial results highlight a significant rise in gross profit due to improved revenue recognition and efficient project management. However, the company faced challenges with increased selling and marketing expenses and a foreign currency translation loss due to declining USD-SGD exchange rates.
The most recent analyst rating on (ORKT) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Orangekloud Technology Inc. Class A stock, see the ORKT Stock Forecast page.
More about Orangekloud Technology Inc. Class A
Orangekloud Technology Inc. is a Singapore-based technology company that provides the eMOBIQ® No-Code platform for developing mobile applications. These applications are tailored for Small and Medium Enterprises (SMEs) and larger corporations, focusing on digitalizing and streamlining business processes in various industries such as food manufacturing, precision engineering, construction, retail, energy, and warehouse management.
Average Trading Volume: 38,332
Technical Sentiment Signal: Sell
Current Market Cap: $27.22M
For detailed information about ORKT stock, go to TipRanks’ Stock Analysis page.