Mooreast Holdings Ltd. (1V3) AI Stock Analysis

• Market Cap: S$31.08M
• Dividend Yield: N/A
• Average Volume (3M): 4.46K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.63
• Revenue Growth: -12.65%
• EPS Growth: -25.35%
• Country: SG
• Employees: 109
• Sector: Industrials
• Sector Strength: 86
• Industry: Aerospace & Defense
• EPS (TTM): >-0.01
• Shares Outstanding: 259,000,000
• 10 Day Avg. Volume: 2,540
• 30 Day Avg. Volume: 4,456
• PEG Ratio: -0.19
• Price to Book (P/B): 1.81
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 25.30
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 53 Neutral
• Price Target: S$0.00 ▼(-100.00%Downside)

The stock's significant challenges in financial performance, notably negative profitability and high leverage, drive a lower overall score. Technical analysis provides some optimism with moderate market momentum, but valuation concerns due to a negative P/E ratio weigh heavily. The absence of dividend yield further limits the stock's attractiveness.

Mooreast Holdings Ltd. Business Overview & Revenue Model

Company Description

Mooreast Holdings Ltd. (1V3) is a Singapore-based company operating in the offshore and marine sector. The company specializes in providing mooring solutions and ancillary services for floating offshore structures. Mooreast Holdings Ltd. offers a comprehensive range of products and services, including the design, engineering, fabrication, and supply of mooring systems and equipment. The company serves clients in various industries, including oil and gas, renewable energy, and aquaculture, by ensuring secure and efficient mooring solutions.

How the Company Makes Money

Mooreast Holdings Ltd. generates revenue primarily through the sale and rental of its mooring systems and related equipment. The company offers custom-engineered solutions that cater to specific client needs, allowing it to command premium pricing for its specialized products. Additionally, Mooreast Holdings provides ancillary services such as installation, maintenance, and inspection of mooring systems, which contribute to its revenue streams. The company also engages in strategic partnerships and collaborations with industry players to expand its market reach and enhance its service offerings, thereby driving further earnings.

Mooreast Holdings Ltd. Financial Statement Overview

Summary

Mooreast Holdings Ltd. faces challenges in profitability, reflected in negative net profit and EBIT margins. While there are strengths in cash generation from operations, high leverage and negative equity growth pose risks. Stability in gross margins provides some consistency, but overall, the financial health is mixed with concerns over debt levels and operational profitability.

Income Statement

The company has shown fluctuations in revenue over the years, with a decline in the most recent period. Gross profit margins remained relatively stable, but net profit margin is negative, indicating ongoing losses. The EBIT margin is also negative, pointing to operational challenges. EBITDA margin is positive but has decreased, suggesting reduced efficiency in operations.

Balance Sheet

The debt-to-equity ratio is high, indicating significant leverage. Stockholders' equity has decreased, impacting the equity ratio negatively. Despite this, past positive ROE indicates some ability to generate returns on equity, but negative net income in recent periods has affected this metric adversely.

Cash Flow

The cash flow analysis shows a positive operating cash flow but a volatile free cash flow due to fluctuating capital expenditures. The free cash flow to net income ratio is problematic due to negative net income, but positive operating cash flow suggests some ability to generate cash from core operations.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	25.07M	28.71M	27.84M	14.20M	19.68M
Gross Profit	9.97M	10.46M	10.86M	6.01M	7.78M
EBITDA	3.31M	3.81M	7.04M	1.37M	6.60M
Net Income	-2.31M	-1.85M	1.37M	-2.30M	3.79M
Balance Sheet
Total Assets	71.30M	71.84M	74.87M	76.17M	34.04M
Cash, Cash Equivalents and Short-Term Investments	16.17M	16.41M	18.97M	20.24M	3.34M
Total Debt	39.77M	40.63M	41.94M	43.30M	1.87M
Total Liabilities	52.19M	50.48M	51.64M	54.38M	8.45M
Stockholders Equity	19.11M	21.36M	23.23M	21.79M	25.59M
Cash Flow
Free Cash Flow	1.64M	-374.63K	1.66M	-13.50M	114.19K
Operating Cash Flow	2.94M	644.05K	4.28M	7.92M	631.34K
Investing Cash Flow	409.00K	234.33K	-352.42K	-21.03M	586.17K
Financing Cash Flow	-3.46M	-3.54M	-5.17M	30.00M	-2.19M

Mooreast Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:1V3, the sentiment is Positive. The current price of 0.11 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.11, and below the 200-day MA of 0.12, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 56.11 is Neutral, neither overbought nor oversold. The STOCH value of 44.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:1V3.

Mooreast Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BTM	78 Outperform	€264.20M	7.43	15.60%	4.03%	29.29%	112.37%
Sector *	68 Neutral	$2.52B	13.41	7.40%	4.60%	-0.87%	8.24%
5UL	67 Neutral	S$31.41M	0.44	33.94%	263.33%	-35.90%	196.98%
A04	62 Neutral	S$60.26M	11.30	4.42%	―	-9.28%	-86.86%
1V3	53 Neutral	S$31.08M	―	-11.40%	―	-12.65%	-25.35%

Mooreast Holdings Ltd. Corporate Events

Mooreast Holdings Ltd. Conducts Annual General Meeting

Mooreast Holdings Ltd. held its Annual General Meeting (AGM) on April 25, 2025, where the Chairman, Mr. Ong Yong Loke Joseph, presided over the meeting. The AGM included presentations by the Deputy Chairman and Executive Director, Mr. Sim Koon Lam, and CEO, Mr. Eirik Ellingsen, who discussed the company’s performance and business operations. The meeting proceeded with the agenda, including the adoption of the Directors’ Statement and Audited Financial Statements for the year ended December 31, 2024. All resolutions were to be voted on by poll, with Boardroom Corporate & Advisory Services Pte Ltd and Drewcorp Services Pte Ltd appointed as Polling Agent and Scrutineer, respectively.

Mooreast Holdings Completes Major Mooring Project in Thailand

Mooreast Holdings Ltd. has successfully completed a significant upgrade project for a multi-buoy mooring system in the Gulf of Thailand, expected to contribute approximately S$8.8 million to the company’s revenue in the first half of 2025. This achievement highlights Mooreast’s growing capabilities in handling large-scale projects in the oil and gas sector, with current order levels indicating a promising revenue outlook for the upcoming financial period.