Attika Group Ltd. (53W) AI Stock Analysis

• Market Cap: S$56.44M
• Dividend Yield: N/A
• Average Volume (3M): 25.35K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.42
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: SG
• Employees: 99
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): N/A
• Shares Outstanding: 136,000,000
• 10 Day Avg. Volume: 45,000
• 30 Day Avg. Volume: 25,353
• PEG Ratio: 0.65
• Price to Book (P/B): 4.23
• Price to Sales (P/S): 0.78
• P/FCF Ratio: 4.04
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: S$0.48 ▲(25.00% Upside)

The score is primarily driven by mixed financial quality: exceptional revenue growth and improved leverage are offset by declining margins and a major deterioration in free cash flow. Technically, the trend is positive, but overbought signals (RSI 81.59, Stoch 100) temper the outlook. Valuation is a secondary drag due to missing P/E and dividend yield data.

Positive Factors

Revenue Growth

The substantial revenue growth indicates a robust market position and effective business strategy, supporting long-term expansion and competitive advantage.

Leverage Management

Improved leverage management enhances financial stability, reducing risk and increasing the company's capacity to invest in growth opportunities.

Operational Efficiency

Sustained operational efficiency through positive EBIT and EBITDA margins indicates effective cost management and supports long-term profitability.

Negative Factors

Profitability Margins

Declining profitability margins suggest cost pressures, which could impact long-term profitability if not addressed through improved cost management.

Cash Flow Generation

Substantial decline in free cash flow growth indicates potential liquidity issues, which could limit the company's ability to fund operations and growth initiatives.

Return on Equity

A significant drop in return on equity reflects challenges in profit generation, potentially affecting investor confidence and long-term financial health.

Attika Group Ltd. Business Overview & Revenue Model

Company Description

Attika Group Ltd., an investment holding company, provides electrical works in Singapore. The company also undertakes interior design and fitted out works. In addition, it is involved in the design, production, building and project management, service, and maintenance of interior fit-out works. The company serves private and public sectors. Attika Group Ltd. was founded in 2014 and is based in Singapore.

How the Company Makes Money

Attika Group Ltd. generates revenue through multiple streams, primarily by offering professional services in project management and engineering consultancy. The company's revenue model is based on charging clients for these services, often structured as hourly rates or fixed project fees. Additionally, Attika Group Ltd. may enter into significant partnerships with other firms or government agencies to undertake large-scale projects, providing a steady influx of revenue. The company also benefits from long-term contracts that ensure consistent cash flow, as well as potential revenue from innovative product lines that align with their sustainability goals.

Attika Group Ltd. Financial Statement Overview

Summary

Attika Group Ltd. shows strong revenue growth and improved leverage, but faces challenges in maintaining profitability margins and cash flow generation. The company needs to address cost management and enhance cash flow to sustain its growth trajectory and financial stability.

Income Statement

Attika Group Ltd. has demonstrated strong revenue growth, with a significant increase of 151.44% in the latest year. However, the gross profit margin decreased from 21.71% to 15.09%, indicating potential cost pressures. The net profit margin also declined from 8.44% to 5.07%, suggesting reduced profitability. Despite these challenges, the company maintains a positive EBIT and EBITDA margin, reflecting operational efficiency.

Balance Sheet

The company's debt-to-equity ratio improved significantly from 5.86 to 1.14, indicating better leverage management. However, the return on equity decreased from 82.58% to 27.35%, suggesting reduced efficiency in generating profits from shareholders' equity. The equity ratio remains stable, reflecting a balanced asset structure.

Cash Flow

Attika Group Ltd. experienced a substantial decline in free cash flow growth, dropping by 697.07%, which raises concerns about cash generation capabilities. The operating cash flow to net income ratio improved, indicating better cash conversion, but the free cash flow to net income ratio remains stable, suggesting limited cash flow improvements relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	22.08M	55.52M	26.97M	24.91M	25.72M
Gross Profit	2.62M	8.38M	5.86M	4.35M	3.03M
EBITDA	1.79M	4.52M	3.70M	2.87M	1.93M
Net Income	1.30M	2.82M	2.28M	2.07M	1.43M
Balance Sheet
Total Assets	37.08M	35.02M	24.66M	18.65M	18.53M
Cash, Cash Equivalents and Short-Term Investments	324.34K	9.18M	2.71M	882.27K	594.00K
Total Debt	16.00M	11.76M	16.17M	8.80M	10.04M
Total Liabilities	33.10M	24.73M	21.90M	15.83M	16.98M
Stockholders Equity	3.98M	10.30M	2.76M	2.82M	1.54M
Cash Flow
Free Cash Flow	-1.80M	10.77M	-603.00K	2.73M	-2.36M
Operating Cash Flow	-1.72M	10.86M	5.67M	2.79M	-2.26M
Investing Cash Flow	-274.81K	-840.00K	-6.55M	228.32K	58.66K
Financing Cash Flow	-388.29K	-3.89M	2.85M	-2.73M	1.96M

Attika Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:53W, the sentiment is Positive. The current price of 0.38 is below the 20-day moving average (MA) of 0.40, above the 50-day MA of 0.35, and above the 200-day MA of 0.32, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 66.14 is Neutral, neither overbought nor oversold. The STOCH value of 36.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:53W.

Attika Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
53W	61 Neutral	S$56.44M	―	―	―	―	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
V8Y	47 Neutral	S$12.59M	―	―	―	―	―
R14	47 Neutral	S$38.01M	―	―	―	―	―

Attika Group Ltd. Corporate Events

Attika Group Broadens Investor Base With S$5.46 Million Vendor Share Sale

Attika Group Ltd.’s majority shareholder, Managing Director and Executive Chairman Steven Tan, has sold 15.6 million existing shares in the company at S$0.35 each, raising S$5.46 million from a group of institutional and high net-worth investors that includes Areca Capital, Asdew Acquisitions, ICH Synergrowth Fund and Lion Global Investors (on behalf of its clients). The transaction is positioned as a strategic move to broaden Attika’s shareholder base and improve trading liquidity in its stock, while Tan maintains a significant controlling stake, reinforcing confidence in the company’s ongoing direction and capital structure optimisation efforts.

The most recent analyst rating on (SG:53W) stock is a Hold with a S$0.48 price target. To see the full list of analyst forecasts on Attika Group Ltd. stock, see the SG:53W Stock Forecast page.

Attika Group Wins S$38 Million in Interior Fit-Out Contracts, Extending Revenue Visibility to 2027

Attika Group Ltd. has secured two new interior fit-out contracts in Singapore worth a combined S$38 million, reinforcing its push into larger-scale commercial office projects. The key award is a S$36 million contract to fit out 20 floors spanning about 371,350 square feet in a commercial office building, targeted for completion by June 2027, alongside a smaller S$2 million office fit-out set to finish by April 2026. These wins, which follow three contracts worth S$26 million secured in late 2025 including a data centre project, are expected to contribute progressively to the company’s financial performance through 2027 and enhance its order book visibility, underscoring its strengthening position in the regional fit-out market.

The most recent analyst rating on (SG:53W) stock is a Hold with a S$0.48 price target. To see the full list of analyst forecasts on Attika Group Ltd. stock, see the SG:53W Stock Forecast page.

Attika Group Wins S$38 Million in Interior Fit-Out Contracts, Extending Revenue Visibility to 2027

Attika Group Ltd. has secured two new interior fit-out contracts in Singapore worth a combined S$38 million, reinforcing its push into larger-scale commercial office projects. The key award is a S$36 million contract to fit out 20 floors spanning about 371,350 square feet in a commercial office building, targeted for completion by June 2027, alongside a smaller S$2 million office fit-out set to finish by April 2026. These wins, which follow three contracts worth S$26 million secured in late 2025 including a data centre project, are expected to contribute progressively to the company’s financial performance through 2027 and enhance its order book visibility, underscoring its strengthening position in the regional fit-out market.

The most recent analyst rating on (SG:53W) stock is a Hold with a S$0.48 price target. To see the full list of analyst forecasts on Attika Group Ltd. stock, see the SG:53W Stock Forecast page.

Attika Group Updates Market on Deployment of IPO Proceeds

Attika Group Ltd. has provided an update on the deployment of its IPO net proceeds, reporting that S$1.336 million has been utilised out of S$2.22 million, leaving a balance of S$884,000. The bulk of the funds used to date have gone to the Group’s property business (S$1.258 million) and general working capital (S$78,000), with the allocation for new equipment, plant and machinery still untouched, and the company emphasises that all spending remains in line with the intended uses previously communicated to shareholders.

The most recent analyst rating on (SG:53W) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on Attika Group Ltd. stock, see the SG:53W Stock Forecast page.

Attika Group Secures S$26 Million in High-Specification Contracts

Attika Group Ltd. has secured three significant contracts totaling S$26 million, with the largest being an interior fit-out for a data center in Singapore. This move aligns with the company’s strategy to expand into high-specification sectors, leveraging its technical capabilities and operational excellence in complex environments, as recognized by Fortis Construction.

The most recent analyst rating on (SG:53W) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on Attika Group Ltd. stock, see the SG:53W Stock Forecast page.