V2Y Corporation Ltd. (V2Y) AI Stock Analysis

• Market Cap: S$3.71M
• Dividend Yield: N/A
• Average Volume (3M): 1.56M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.43
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: SG
• Employees: 4
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): 0.00
• Shares Outstanding: 530,480,500
• 10 Day Avg. Volume: 1,249,440
• 30 Day Avg. Volume: 1,564,846
• PEG Ratio: -0.13
• Price to Book (P/B): -18.10
• Price to Sales (P/S): 8.86
• P/FCF Ratio: -4.27
• 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: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 37 Underperform
• Price Target: S$0.00 ▼(-100.00% Downside)

V2Y Corporation Ltd. is experiencing severe financial distress, with declining revenues, negative equity, and poor cash flow generation. The lack of technical indicators and unattractive valuation metrics further contribute to the low score. Immediate strategic interventions are necessary to address the financial and operational challenges.

V2Y Corporation Ltd. Business Overview & Revenue Model

Company Description

V2Y Corporation Ltd. provides third party administration and value-added services for extended warranty and accidental damage protection services. It is also involved in the wholesale of general products; after-sales support and call centre services; and provision of other information technology and computer services. The company was formerly known as Synagie Corporation Ltd. and changed its name to V2Y Corporation Ltd. in November 2020. V2Y Corporation Ltd. was founded in 2014 and is based in Singapore.

How the Company Makes Money

V2Y Corporation Ltd. generates revenue through multiple streams, primarily by offering digital insurance solutions to consumers and partnering with insurance providers. The company leverages its technology platforms to facilitate the sale and distribution of insurance policies, earning commission fees from these transactions. Additionally, V2Y collaborates with e-commerce platforms to offer insurance-related products and services, expanding its reach and customer base. Key partnerships with insurance companies and digital retailers play a significant role in driving revenue growth and enhancing its service offerings.

V2Y Corporation Ltd. Financial Statement Overview

Summary

V2Y Corporation Ltd. is facing severe financial challenges, with significant revenue decline, persistent losses, negative equity, and negative cash flows. These factors highlight financial instability and risk.

Income Statement

V2Y Corporation Ltd. has experienced a significant revenue decline over the years, with a 2024 revenue of $911,000 compared to $19,361,000 in 2019. The gross profit margin has decreased, and the company has consistently reported negative net income, leading to negative net profit margins. The EBIT and EBITDA margins are also negative, indicating ongoing operational challenges.

Balance Sheet

The company's balance sheet shows a negative stockholders' equity of $446,000 in 2024, indicating financial distress. The debt-to-equity ratio is not calculable due to negative equity, and the equity ratio is negative, reflecting more liabilities than assets. These factors highlight significant financial instability and risk.

Cash Flow

V2Y Corporation Ltd. has negative operating and free cash flows, indicating cash outflows from operations and investments. The free cash flow has worsened over time, and the operating cash flow to net income ratio is negative, reflecting poor cash generation relative to net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.38M	911.00K	215.00K	304.00K	1.09M	1.77M
Gross Profit	81.00K	99.00K	95.00K	109.00K	404.00K	454.00K
EBITDA	-1.01M	-1.37M	-909.00K	-2.00M	-1.41M	-4.70M
Net Income	-1.64M	-1.63M	-921.00K	-2.19M	-1.79M	-5.10M
Balance Sheet
Total Assets	2.37M	2.89M	923.00K	1.90M	2.95M	4.61M
Cash, Cash Equivalents and Short-Term Investments	1.06M	134.00K	664.00K	1.62M	1.62M	1.98M
Total Debt	439.00K	1.83M	263.00K	431.00K	483.00K	78.00K
Total Liabilities	2.74M	3.30M	1.06M	1.12M	1.89M	1.75M
Stockholders Equity	-364.00K	-446.00K	-137.00K	784.00K	1.06M	2.85M
Cash Flow
Free Cash Flow	-1.69M	-1.89M	-825.00K	-1.77M	-769.00K	-844.00K
Operating Cash Flow	-989.00K	-1.19M	-825.00K	-1.77M	-765.00K	-222.00K
Investing Cash Flow	-951.00K	-705.00K	4.00K	0.00	-4.00K	49.98M
Financing Cash Flow	2.75M	1.36M	-138.00K	1.76M	395.00K	-49.23M

V2Y Corporation Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
V2Y	37 Underperform	S$3.71M	―	―	―	―	―

V2Y Corporation Ltd. Corporate Events

V2Y Corporation Ltd. Focuses on Insurtech Amid Revenue Growth

V2Y Corporation Ltd. has responded to shareholder queries regarding its annual general meeting for the financial year ending December 2024. The company reported a significant revenue increase of 323.7% from the previous year, attributed to its focus on the Insurtech business after divesting its E-Commerce segment. Despite efforts to diversify into the F&B industry, the financial performance did not meet expectations, prompting a renewed focus on Insurtech. The company has raised funds through placements and loans to support business expansion and working capital needs. Concerns were raised about the directors’ fees for FY2025, given the company’s revenue figures.

V2Y Corporation Ltd. Seeks New External Auditor as BDO LLP Steps Down

V2Y Corporation Ltd., a company incorporated in Singapore, has announced that its current external auditor, BDO LLP, will not seek reappointment at the upcoming annual general meeting for the financial year ending December 31, 2024. The board of directors has expressed appreciation for BDO LLP’s past services and is in the process of identifying a suitable replacement. The company assures compliance with relevant regulations and will announce the new auditor and convene an extraordinary general meeting for shareholder approval in due course.

V2Y Corporation Announces Board Committee Reconstitution

V2Y Corporation Ltd., incorporated in Singapore, has announced a reconstitution of its board committees effective from June 5, 2025. The reorganization involves changes in the composition of the Board of Directors, Audit Committee, Remuneration Committee, and Nominating Committee. This strategic move is expected to enhance the governance structure of V2Y Corporation, potentially impacting its operational efficiency and stakeholder confidence positively.

V2Y Corporation Secures $750,000 Loan for Financial Strengthening

V2Y Corporation Ltd. has entered into a loan agreement with its substantial shareholder, Mr. Geng Zhigang, for an unsecured loan of USD $750,000. The loan, with a 9% annual interest rate, is intended for working capital and debt repayment, reflecting the company’s efforts to strengthen its financial position and operational capabilities.