Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 137

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 18
Chunk 137
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31, 2022                                                                                              
                     Robots                                                   Facilities Management Software                     Total                 
                     S$                                                       S$                                                 S$                    
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Point in time                                                4,807,275                                            213,701                 5,020,976  
  Over time                                                      421,690                                          1,067,503                 1,489,193  

                     Robots                                                   Facilities                                       Total                 
                                                                              Management Software                                                    
                     For the year ended December 31, 2023                                                                                            
                     Robots                                                   Facilities Management Software                   Total                 
                     S$                                                       S$                                               S$                    
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Point in time                                                3,385,605                                          167,736                 3,553,341  
  Over time                                                      248,135                                          885,449                 1,133,584  

SIMPPLE
LTD. AND ITS SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

14
Segmental reporting (cont’d)

                     Robots                                                   Facilities                                         Total                 
                                                                              Management Software                                                      
                     For the year ended December 31, 2024                                                                                              
                     Robots                                                   Facilities Management Software                     Total                 
                     S$                                                       S$                                                 S$                    
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Point in time                                                1,031,350                                          1,000,734                 2,032,084  
  Over time                                                      504,433                                          1,236,807                 1,741,240  

15Income tax

Cayman
Islands

Under
the current tax laws of Cayman Islands, SIMPPLE is not subject to tax on income or capital gain. Additionally, the Cayman Islands does
not impose a withholding tax on payment of dividends to shareholders.

The
Company’s subsidiaries are governed by the income tax laws in Singapore. The tax on the Company’s loss before tax differs
from theoretical amount that would arise using the Singapore standard rate of income tax as follows:

Schedule of income tax provision

                                                                         2022                                             2023                                        2024                   
                                                                         For years ended December 31,                                                                                        
                                                                         2022                                             2023                                        2024                   
                                                                         S$                                               S$                                          US$