Summary:

• FY2025 revenue collapsed to about S$0.1 million from S$76.3 million in FY2024, reflecting the absence of one-off Apex Foodworks unit sales booked upon TOP in the prior year, with only property management fees contributing in the latest period​

• Net result reversed to a loss after tax of roughly S$1.3 million versus a S$15.1 million profit a year earlier, as the Group faced lower other income, no associate contribution and minimal development revenue​

• Total assets fell sharply from about S$25.0 million to S$9.2 million, largely due to a S$7.9 million drop in cash and reductions in contract assets and receivables after special and final FY2024 dividends, capital reduction payouts and tax payments​

• Total liabilities shrank from around S$4.3 million to S$0.3 million on lower payables and tax liabilities, leaving OneApex with positive working capital of about S$8.7 million and S$6.4 million in cash and cash equivalents as at 30 September 2025​

• The Group completed the disposal of its financial services arm in February 2025, cementing its repositioning as a pure-play Singapore property developer anchored on its Apex Foodworks project and future landbanking opportunities​