Basel Medical Group Ltd
BMGL · Services-Offices & Clinics of Doctors of Medicine · EDGAR filings ↗
Grade
D45Small Singapore specialist/clinic group pushed to a heavy loss by a full goodwill write-off.
Strengths
- Revenue grew 20% (50th pct), aided by the Bethesda GP-clinic acquisition
- Adequate current ratio 1.3 (64th pct)
Risks
- Net margin -94% and ROE -196% (9th pct) driven by a ~S$11M goodwill impairment
- Cash runway only 2.6 quarters with negative operating cash flow
- Acquisition not yet turned around; key-practitioner and single-site dependence
Notable findings
- Net lossNet loss (net margin -94.0%)
- Cash burnNegative free cash flow (-3.6M)
Key metrics
Net margin
-94.0%
Return on equity
-195.6%
Return on assets
-56.9%
Revenue growth (QoQ)
20.1%
Net-income growth
-647.1%
Current ratio
1.3×
Free cash flow
-$4M
Tangible book value
-$4M
Cash & investments
$2M
Cash runway
3q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2025-11-18 | 2025-06-30 | 0001493152-25-023940 ↗ |