Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 84

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 8
Chunk 84
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ITEM
8. FINANCIAL INFORMATION

A.
Consolidated Statements and Other Financial Information.

See
“ Item 18. Financial Statements” for our audited consolidated financial statements.

Legal
Proceedings

To
our knowledge, we are not a party to any legal or governmental proceedings (including any pending or known to be contemplated) which
may have a material adverse effect on our business, financial condition, or results of operations.

Dividend
Policy

We
have not previously declared or paid any cash dividends and have no formal dividend policy. We currently intend to retain all available
funds and any future earnings to fund the development and growth of our business and to repay indebtedness and, therefore, we do not
anticipate paying any cash dividends in the foreseeable future. Additionally, our ability to pay dividends on our Shares is limited by
various factors such as our future financial performance and bank covenants. Any future determination to pay dividends will be at the
discretion of our Board of Directors, subject to compliance with covenants in current and future agreements governing our and our subsidiaries’
indebtedness, and will depend on our results of operations, financial condition, capital requirements and other factors that our Board
of Directors may deem relevant.

B.
Significant Changes.

Except
as disclosed elsewhere in this Annual Report, we have not experienced any significant changes since the date of our audited consolidated
financial statements included in this Annual Report.

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  Table of Contents  

ITEM
9. THE OFFER AND LISTING