AMOS Group Ltd. (49B) AI Stock Analysis

AMOS Group Ltd.

(SGX:49B)

Select Model

Rating:45Neutral

Price Target:SGD 0.07▼(-2.94% Downside)

Action:reiterated

Date:10/01/26

The score is held down primarily by weak financial performance—steep revenue contraction, entrenched losses, and FY2026 cash outflows—despite improved leverage. Technicals are mostly neutral with limited trend strength, and valuation is constrained by negative earnings and no indicated dividend yield.

Positive Factors

Improved LeverageThe substantial reduction in debt-to-equity lowers balance-sheet risk and gives AMOS a stronger capital structure than it had historically. Reduced debt can improve financial flexibility, lessen financing pressure, and provide more capacity to manage volatility over the next several quarters.

Negative Factors

Severe Revenue ContractionA roughly 54% year-over-year revenue contraction, following earlier declines, indicates a sustained deterioration in the business base rather than an isolated fluctuation. Shrinking revenue reduces operating scale, weakens absorption of fixed costs, and makes a durable recovery in earnings more difficult.

AMOS Group Ltd. (49B) vs. iShares MSCI Singapore ETF (EWS)

Market Cap: SGD 14.17M
Dividend Yield: ―
Average Volume (3M): ―
Price to Earnings (P/E): -2.8
Beta (1Y): 0.13
Revenue Growth: -45.11%
EPS Growth: -44.17%
Country: Singapore
Employees: 400
Sector: Energy
Sector Strength: 65
Industry: Marine Shipping

AMOS Group Ltd. Business Overview & Revenue Model

Company Description

AMOS Group Limited, an investment holding entity, is primarily engaged in the global manufacture and provision of specialized rigging and lifting apparatus for the offshore oil and gas sector, as well as the broader marine industry. Its operations ar...

AMOS Group Ltd. Financial Statement Overview

Summary

Financial performance is pressured by sharply declining revenue (FY2026 down ~54% vs FY2025) and persistent operating/net losses with deeply negative margins (FY2026 net margin about -54%). The balance sheet is a relative support with improved leverage (debt-to-equity down to ~0.24), but consistently negative ROE (FY2026 ~-34%) and the return to negative operating/free cash flow in FY2026 increase risk.

Income Statement

22Negative

Balance Sheet

58Neutral

Cash Flow

35Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	47.06M	26.75M	58.11M	74.47M	99.38M	99.35M
Gross Profit	12.03M	6.17M	14.81M	16.00M	21.53M	19.86M
EBITDA	-3.39M	-7.30M	-4.86M	-15.82M	-2.53M	-3.78M
Net Income	-8.52M	-14.40M	-10.00M	-24.58M	-11.77M	-13.86M
Balance Sheet
Total Assets	84.03M	72.33M	94.58M	113.74M	142.07M	150.93M
Cash, Cash Equivalents and Short-Term Investments	4.14M	3.47M	5.73M	9.45M	5.25M	5.52M
Total Debt	14.48M	10.12M	16.34M	25.32M	25.73M	32.03M
Total Liabilities	32.60M	29.13M	38.08M	49.84M	53.00M	53.63M
Stockholders Equity	51.44M	42.62M	56.50M	63.90M	89.07M	97.30M
Cash Flow
Free Cash Flow	3.61M	-1.82M	1.54M	5.42M	2.88M	-5.89M
Operating Cash Flow	4.08M	-1.21M	1.68M	6.74M	3.40M	-5.39M
Investing Cash Flow	291.00K	1.92M	4.41M	-15.00K	7,933	425.60K
Financing Cash Flow	-4.53M	-2.67M	-8.49M	-4.32M	-3.59M	4.18M

AMOS Group Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

SG:49B against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SG:RXS	66Neutral	SGD 71.51M	3.49	17.75%	3.57%	―	―
Sector *	65Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SG:DU4	62Neutral	SGD 139.92M	6.81	6.94%	1.68%	-21.24%	―
SG:49B	45Neutral	SGD 14.17M	-2.83	-10.62%	―	-45.11%	-44.17%

* Energy Sector Average

Performance Comparison

SG:49B and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SG:49B	AMOS Group Ltd.	0.07	0.00	0.00%
SG:C13	CH Offshore Ltd.	0.01	-0.01	-31.25%
SG:DU4	Mermaid Maritime Public Co., Ltd.	0.07	-0.05	-41.27%
SG:M05	MTQ Corporation Limited	0.20	-0.08	-27.78%
SG:RXS	Pacific Radiance Ltd.	0.05	-0.05	-48.42%
SG:WPC	Vallianz Holdings Limited	0.03	-0.06	-64.52%

AMOS Group Ltd. Corporate Events

AMOS Group shifts year-end and adopts U.S.-dollar reporting

Jul 9, 2026

AMOS Group Limited has reset its financial year end from 31 March to 31 December, creating a one-off nine-month transitional period from 1 April to 31 December 2026 before moving to a calendar-year reporting cycle. The company will continue to meet S...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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: Oct 01, 2026

AMOS Group Ltd. AI Stock Analysis