Want to see SG:42T full AI Analyst Report?
Trendlines Group (42T) AI Stock Analysis
Top Page
Trendlines Group
(SGX:42T)
The score is held back primarily by weak cash generation despite the return to reported profitability and a very high P/E valuation. A low-leverage balance sheet and improved TTM earnings/revenue help offset these risks, but technical signals remain soft with the price below major moving averages and a negative MACD.
Trendlines Group (42T) vs. iShares MSCI Singapore ETF (EWS)
- Market Cap
- SGD 77.02M
- Dividend Yield
- ―
- Average Volume (3M)
- 686.55K
- Price to Earnings (P/E)
- 6.6
- Beta (1Y)
- 0.45
- Revenue Growth
- -31.23%
- EPS Growth
- ―
- Country
- Singapore
- Employees
- 20
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
Trendlines Group Business Overview & Revenue Model
Company Description
The Trendlines Group Ltd. is a private equity and venture capital firm focused on commercializing innovative technologies. They specialize in early-stage investments, ranging from incubation and seed funding to start-up and even later-stage venture c...
How the Company Makes Money
Trendlines Group generally makes money through a venture-capital/venture-building model tied to its portfolio companies. Key revenue streams typically include: (1) Realized gains from exits: proceeds and profits when portfolio companies are sold, mer...
Trendlines Group Financial Statement Overview
Summary
Mixed fundamentals: TTM shows a rebound to positive net income (~7.3M) and strong revenue growth (~21%), and the balance sheet is conservatively financed with low leverage (debt-to-equity ~0.07) and sizable equity (~84.9M). However, earnings quality is a major concern because operating cash flow and free cash flow are negative in TTM (both ~-8.6M), and profitability has been volatile across years.
Income Statement
56NeutralBalance Sheet
78PositiveCash Flow
34Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.57M | 1.99M | 1.72M | 4.50M | 3.58M | 2.30M |
| Gross Profit | 7.31M | 343.23K | -1.73M | -793.00K | -3.83M | -5.04M |
| EBITDA | 7.62M | 2.13M | -9.45M | -33.93M | -16.39M | 3.95M |
| Net Income | 7.30M | 1.95M | -9.43M | -33.99M | -14.48M | 6.56M |
Balance Sheet | ||||||
| Total Assets | 91.62M | 85.76M | 75.35M | 78.07M | 107.99M | 121.08M |
| Cash, Cash Equivalents and Short-Term Investments | 5.01M | 4.92M | 5.89M | 6.11M | 6.57M | 18.46M |
| Total Debt | 5.32M | 5.35M | 4.15M | 4.64M | 4.85M | 10.01M |
| Total Liabilities | 6.59M | 8.45M | 7.32M | 9.00M | 12.10M | 18.54M |
| Stockholders Equity | 84.93M | 78.26M | 68.55M | 70.89M | 96.99M | 103.09M |
Cash Flow | ||||||
| Free Cash Flow | -8.57M | -5.89M | -8.86M | -6.42M | -15.04M | 76.00K |
| Operating Cash Flow | -8.56M | -5.87M | -8.84M | -6.34M | -14.93M | 650.00K |
| Investing Cash Flow | -3.98M | -2.38M | -948.00K | 1.92M | 2.05M | -598.00K |
| Financing Cash Flow | 10.70M | 8.09M | 8.64M | 5.97M | 3.13M | 3.60M |
Trendlines Group Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:42T, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 40.74 is Neutral, neither overbought nor oversold. The STOCH value of 120.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:42T.
Trendlines Group Peers Comparison
Overall Rating
- SG:42T48Neutral
SG:HKB44Neutral
Financial Indicators
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SG:42T | Trendlines Group | 0.05 | -0.01 | -18.33% | |
| SG:5RF | Mercurius Capital Investment Limited | 0.02 | 0.00 | 0.00% | |
| SG:CJN | British and Malayan Holdings Limited | 2.50 | 1.85 | 284.62% | |
| SG:HKB | AMTD IDEA Group Class A | 3.38 | -0.22 | -6.11% | |
| SG:I49 | IFS Capital Ltd. | 0.15 | -0.01 | -3.14% |
Trendlines Group Corporate Events
Trendlines Wins SIAS Award for Shareholder Communications Excellence
Trendlines Group has been named joint winner of the Shareholder Communications Excellence Award in the Small Cap category at the 2026 SIAS Investors’ Choice Awards in Singapore. The accolade recognises the company’s efforts to keep invest...
Trendlines Strengthens Portfolio With U.S. Approvals, Expansion and Final Subscription Installment
Trendlines completed the second and final installment of a subscription initiated in June 2025, underscoring continued capital structuring for its investment platform. The update highlights active fundraising among its medtech and agrifood portfolio...
EcoPhage Wins EPA Nod for Phage-Based GoldenEco Biopesticide in U.S.
EcoPhage has secured U.S. Environmental Protection Agency approval for GoldenEco, a phage-based biopesticide targeting destructive bacterial diseases in tomatoes and peppers caused by Xanthomonas and Pseudomonas. The product offers growers a targeted...
Trendlines Group Completes Final Tranche of S$3.49 Million Share Subscription
Trendlines Group has completed the second and final installment of a previously announced share subscription, issuing 116,420,795 new ordinary shares for gross proceeds of S$3.49 million. Following the allotment of these Second Installment Subscripti...
Trendlines Maintains H1 2026 Profitability as Portfolio Activity Accelerates
Trendlines Group reported that it remained profitable in the first half of 2026, underscoring steady financial performance and ongoing investor communications through its latest unaudited financials, results release, and August investor presentation....
Trendlines Portfolio Scores U.S. Deals, Patents and EU Project as Fundraising Accelerates
Trendlines reported a series of portfolio milestones, including ElastiMed securing an exclusive U.S. distribution deal with Nasdaq-listed Tactile Systems Technology Inc. and EcoPhage submitting its fifth product to the U.S. Environmental Protection A...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 17, 2026