# EDGAR Filing Document

**Accession Number:** 0002047190
**File Stem:** 0001493152-25-029267
**Filing Date:** 2025-12
**Character Count:** 36555
**Document Hash:** 74c42fea50d3ec78ced531ca3ded3ba3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-029267.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001493152-25-029267

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20251229

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TechCreate Group Ltd.
- **CENTRAL INDEX KEY:** 0002047190
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42865
- **FILM NUMBER:** 251605139

**BUSINESS ADDRESS:**
- **STREET 1:** HARNEYS FIDUCIARY (CAYMAN) LTD 4TH FLOOR
- **STREET 2:** HARBOUR PLACE, 103 SOUTH CHURCH STREET
- **CITY:** GRAND CAYMAN KY1-1002
- **STATE:** E9
- **ZIP:** 10240
- **BUSINESS PHONE:** 65 6939 6354

**MAIL ADDRESS:**
- **STREET 1:** HARNEYS FIDUCIARY (CAYMAN) LTD 4TH FLOOR
- **STREET 2:** HARBOUR PLACE, 103 SOUTH CHURCH STREET
- **CITY:** GRAND CAYMAN KY1-1002
- **STATE:** E9
- **ZIP:** 10240

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of December 2025**

**Commission File Number: 001-42865**

**TechCreate Group Ltd.**

**336 Smith Street, #06-303, New Bridge Centre**

**Singapore 050336**

**+65 6936 6354** 

**(Address of principal executive offices)**

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes ☐ No ☒

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

**Information contained in this Report on Form 6-K**

TechCreate Group Ltd. (the "Company") is hereby furnishing this report on Form 6-K (the "Report") to provide (i) a press release dated December 26, 2025 announcing the financial and operational results for the six months ended June 30, 2025 of the Company, included as Exhibit 99.1 of this Report, (ii) [management's discussion and analysis of financial condition and results of operations for the six months ended June 30, 2024 and 2025](ex99-2.htm), included as Exhibit 99.2 of this Report, and (iii) the unaudited interim condensed consolidated financial statements of the Company for the six months ended June 30, 2024 and 2025, included as Exhibit 99.3 of this Report.

The information furnished in this Report on Form 6-K shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, nor shall it be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing.

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **TechCreate Group Ltd** | **TechCreate Group Ltd** |
| Date: December 29, 2025 | By: | */s/ Lim Heng Hai* |
|  | Name: | Lim Heng Hai |
|  | Title: | Chairman of the Board and Chief Executive Officer |

---

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press Release – TechCreate Group Ltd. Reports First Half Fiscal Year 2025 Financial and Operational Results](ex99-1.htm) |
| 99.2 | [Management's Discussion and Analysis of Financial Condition and Results of Operations for the Six Months Ended June 30, 2024 and 2025](ex99-2.htm) |
| 99.3 | [Unaudited Interim Consolidated Financial Statements for the Six Months ended June 30, 2024 and 2025](ex99-3.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

## Exhibit 99.1

**Exhibit 99.1**

**TechCreate Group Ltd. Reports First Half Fiscal Year 2025 Financial and Operational Results** 

**SINGAPORE, December 26, 2025 – TechCreate Group Ltd. (NYSE American: TCGL) ("TechCreate" or the "Company")**, a technology consultancy and advanced software solutions provider specializing in payment solutions, cybersecurity, and digital services, announced its financial and operational results for the six months ended June 30, 2025.

**Recent Operational Highlights**

● Secured a new Real-Time Engine Project in Singapore and Real-Time Engine enhancement by an existing Brunei customer

● Secured and fulfilled the QR Soundbox Terminal Business Line work for a Cambodia bank

● Completed successful initial public offering ("IPO") and sale of option shares in October 2025, raising gross proceeds of $11.73 million, prior to deducting underwriting discounts and other offering expenses. TechCreate's Class A Ordinary Shares began trading on the NYSE American on October 2025 under the ticker symbol "TCGL"

**First Half 2025 Financial Results**

Total Revenues increased 10.4% to S$1.9 million (US $1.5 million) for the six months ended June 30, 2025 compared to S$1.8 million in the same period last year. The increase was primarily due to an increase in Provision of Professional Services stemming from a new Real-Time Engine Project in Singapore and Real-Time Engine enhancement by existing Brunei Customer, an increase in Sale of Hardware Solutions as the Company's Cambodian team successfully started the QR Soundbox Terminal Business Line, and an increase in Provision of Hosting and Supporting Service, offset by a decrease in Sale of Software Licenses and Maintenance Licenses.

Cost of Revenue decreased 22.7% to S$0.6 million (US $0.4 million) for the six months ended June 30, 2025 compared to S$0.7 million in the same period last year. The decrease was primarily due to a decrease in sales of license maintenance for third party software.

Gross Profit Margins increased to 70.5% for the six months ended June 30, 2025 compared to 57.8% in the same period last year. The increase was primarily due to an increase in revenue from provision of professional fees, and a decrease in sales of software licenses and maintenance licenses which lowers external vendor costs.

Total Operating Expenses increased 2.2% to S$1.3 million (US $1.0 million) for the six months ended June 30, 2025 compared to S$1.3 million in the same period last year. The slight increase was primarily due to an increase in general and administrative expenses and selling and distribution expenses offset by a decrease in research and development expenses.

Net Loss was approximately S$20,000 (US $16,000) for the six months ended June 30, 2025 compared to a loss of S$0.4 million in the same period last year, primarily due to the increase in gross profit and gross profit margin.

As of June 30, 2025, cash and cash equivalents were approximately S$1.3 million (US $1.0 million).

**Management Commentary** 

"I am pleased to announce our first half fiscal 2025 results, highlighted by our growth seen in the provision of professional services revenue," said TechCreate CEO Heng Hai Lim. "During this period, we were awarded a handful of notable deals with valued customers, including a new Real-Time Engine project in Singapore, a Real-Time Engine enhancement by an existing Brunei customer, and a new contract to provide QR Terminal to a Cambodia bank. We also continued to lower our focus on the sale of software and maintenance licenses, which are lower margin in nature. The progress made towards our bottom-line results was encouraging to see, and we look forward to continuing to pursue professional services work with new and existing customers as we grow our global presence."

**About TechCreate Group Ltd.** 

TechCreate Group Ltd. is a Singapore-based payment software solutions provider. Founded in 2015, the Company delivers digital payment and infrastructure solutions to financial institutions, telecommunications, deposit insurance, and enterprises. TechCreate's offerings include real-time payment systems, digital banking platforms, API management, cybersecurity, and cloud computing. Its proprietary Artificial Intelligence Real-Time Engine (AI-RTE) is designed to enable fast, secure, and efficient payment processing. For more information, visit <u>https://www.techcreate.com.sg/</u>.

**Forward-Looking Statements**

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the preliminary prospectus filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and TechCreate Group Ltd. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

**Investor Relations**

John Yi and Steven Shinmachi

Gateway Group, Inc.

949-574-3860

<u>TCGL@gateway-grp.com</u>

**TECHCREATE GROUP LTD**

**CONDENSED CONSOLIDATED BALANCE SHEETS**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  | **As at <br> December 31,**  | **As at June 30,** | **As at June 30,** |
|  | **2024** | **2025 (Unaudited)** | **2025 (Unaudited)** |
|  | **S$** | **S$** | **US$** |
| **ASSETS** |  |  |  |
| **Current Assets** |  |  |  |
| Deferred Cost | 576562 | 312458 | 244911 |
| Contract Assets | 145383 | 65680 | 51481 |
| Accounts and Other Receivable | 276734 | 110930 | 85950 |
| Amount Due from Shareholders | 4900 | 4900 | 3841 |
| Amount Due from Related Party | 11772 |  |  |
| Cash and Cash Equivalents | 1205951 | 1305991 | 1023664 |
| Deferred Offering Costs | 457718 | 711848 | 557962 |
| **Total Current Assets** | 2679020 | 2511807 | 1968809 |
| **Non-Current Assets** |  |  |  |
| Property, Plant and Equipment, net | 7929 | 6438 | 5046 |
| Right-of-Use Assets – Operating Leases | 83288 | 62699 | 49145 |
| Deferred Cost | 57400 | 96014 | 75258 |
| **Total Non-Current Assets** | 148617 | 165151 | 129449 |
| **TOTAL ASSETS** | 2827637 | 2676958 | 2098258 |
| **Commitments and Contingencies** |  |  |  |
| **LIABILITIES** |  |  |  |
| **Current Liabilities** |  |  |  |
| Contract Liabilities | 981651 | 660699 | 517870 |
| Account and Other Payables | 100653 | 363183 | 284672 |
| Amount Due to Directors | 14907 | 3646 | 2858 |
| Operating Lease Liability | 39815 | 37890 | 29699 |
| Income Tax Payables | 277 | 260 | 204 |
| Working Capital Loans | 151714 | 156155 | 122398 |
| **Total Current Liabilities** | 1289017 | 1221833 | 957701 |
| **Non-Current Liabilities:** |  |  |  |
| Operating Lease Liability | 47233 | 28742 | 22529 |
| Contract Liabilities | 8247 | 49293 | 38636 |
| Working Capital Loans | 608416 | 503249 | 394458 |
| **Total Non-Current Liabilities** | 663896 | 581284 | 455623 |
| **TOTAL LIABILITIES** | 1952913 | 1803117 | 1413324 |
| **SHAREHOLDERS' EQUITY** |  |  |  |
| Class A Ordinary Shares, US$0.0002 par value, 225,000,000 shares authorized, 14,927,250 shares issued and outstanding as of December 31, 2024 and June 30, 2025 respectively.\* |  |  |  |
| Class B Ordinary Shares, US$0.0002 par value, 25,000,000 shares authorized, 2,572,750 share issued and outstanding as of December 31, 2024 and June 30, 2025 respectively.\* |  |  |  |
| Additional Paid-in Capital | 1351540 | 1351540 | 1059367 |
| Accumulated Other Comprehensive Loss | (7875) | 11389 | 8924 |
| Retained Earnings/ (Accumulated Losses) | (468941) | (489088) | (383357) |
| **Total Shareholders' Equity** | 874724 | 873841 | 684934 |
| **TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY** | 2827637 | 2676958 | 2098258 |

---

**TECHCREATE GROUP LTD**

**CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND**

**COMPREHENSIVE INCOME (LOSS)**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  | **For the six months ended June 30,** | **For the six months ended June 30,** | **For the six months ended June 30,** |
|  | **2024** | **2025** | **2025** |
|  | **S$** | **S$** | **US$** |
| **Revenue** | 1754439 | 1936539 | 1507856 |
| **Cost of revenue** | (740039) | (571893) | (445296) |
| **Gross profit** | 1014400 | 1364646 | 1062560 |
| Selling and distribution expenses | (106054) | (109739) | (85447) |
| Research and development expenses | (84350) |  |  |
| General and administrative expenses | (1090100) | (1199192) | (933836) |
| **Total operating expenses** | (1280504) | (1308931) | (1019283) |
| **Profit / (loss) from operations** | (266104) | 55715 | 43277 |
| **Other income (expenses)** |  |  |  |
| Other income | 12787 | 7247 | 5643 |
| Interest expense | (16315) | (28409) | (22120) |
| **Total other income (expenses)** | (3528) | (21162) | (16477) |
| Income/ (Loss) before income tax | (269632) | 34533 | 26800 |
| Income tax expense | (84286) | (54699) | (42591) |
| **Net loss** | (353918) | (20146) | (15791) |
| **Other comprehensive loss, net of tax** |  |  |  |
| Currency translation differences arising from consolidation | (2539) | 11389 | 8924 |
| **Net comprehensive loss** | (356457) | (8757) | (6867) |
| **Net loss per share attributable to ordinary shareholders** |  |  |  |
| Basic and diluted | (0.0200) | (0.0005) | (0.0004) |
| **Weighted average number of ordinary shares used in computing net loss per share** |  |  |  |
| Basic and diluted\* | 17500000 | 17500000 | 17500000 |

---

**TECHCREATE GROUP LTD**

**CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  | **For the six months ended June 30,** | **For the six months ended June 30,** | **For the six months ended June 30,** |
|  | **2024** | **2025** | **2025** |
|  | **S$** | **S$** | **US$** |
| **Cash flows from operating activities** |  |  |  |
| Net loss | (353919) | (20146) | (15791) |
| Adjustments to reconcile net loss to net cash provided by operating activities |  |  |  |
| Depreciation | 4577 | 3993 | 3130 |
| Operating lease expenses | 9617 | 20976 | 16441 |
| Working capital loan interest | 16315 | 28409 | 22268 |
| Changes in operating assets and liabilities |  |  |  |
| Deferred cost | 161345 | 225490 | 176744 |
| Contract assets | 44050 | 79703 | 62473 |
| Trade and other receivables | (240353) | 165804 | 129960 |
| Amount due from directors |  |  |  |
| Amount due from related parties | 56887 | 11772 | 9227 |
| Contract liabilities | (598163) | (279907) | (219397) |
| Trade and other payables | (59865) | 262530 | 205777 |
| Lease liabilities | (68032) | (20803) | (16306) |
| Income tax payable | (75) | (17) | (13) |
| **Net cash generated from/ (used in) operating activities** | (1027616) | 477804 | (374512) |
| **Cash flow from investing activities:** |  |  |  |
| Acquisition of property, plant and equipment | (2473) | (2502) | (1961) |
| **Net cash used in investing activities** | (2473) | (2502) | (1961) |
| **Cash flows from financing activities:** |  |  |  |
| Dividend paid to equity holders |  |  |  |
| Amount due to shareholders | 8666 | (11261) | (8827) |
| Repayment of working capital loans | (30482) | (129135) | (101219) |
| Proceeds from working capital loans | 850000 |  |  |
| Proceeds from issuance of shares |  |  |  |
| Deferred offering costs | - | (254130) | (199193) |
| **Net cash (used in)/ generated from financing activities** | 828185 | (394526) | (309239) |
| **Effects of changes in foreign exchange of cash** | (382) | 19264 | 15100 |
| **Net (decrease)/ increase in cash and cash equivalents** | (201904) | 80776 | 63313 |
| **Cash and cash equivalents at beginning of financial year** | 997845 | 1205951 | 945251 |
| **Cash and cash equivalents at June 30, 2024** | 795559 | 1301991 | 1023664 |
| **Supplemental cash flow information** |  |  |  |
| Income taxes paid | (25360) |  | (18826) |
| Withholding taxes paid | (59001) | (54441) |  |
| Cash paid for interest | (16315) | (28409) | (22268) |
| Capital contribution subscription receivable from shareholder | 4900 | 4900 | 3841 |

---

## Exhibit 99.2

**Exhibit 99.2** 

**Management's Discussion and Analysis of Financial Condition and Results of Operations for the**

**Six Months Ended June 30, 2024 and 2025**

**First Half 2025 Financial Highlights**

Our revenue is derived from provision of professional services, sale of software licenses and maintenance licenses, sale of hardware solutions and provision of hosting and supporting services. The total revenue increased by $182,100 or 10.4%, from S$1,754,439 for the six months ended June 30, 2025 to S$1,936,539 for the six months ended June 30, 2025.

The following table presents the Group's revenue disaggregated by product categories for the 6 months ended June 30, 2024 and 2025, respectively:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **For the six months ended June 30,** | **For the six months ended June 30,** | **For the six months ended June 30,** | **For the six months ended June 30,** | **For the six months ended June 30,** |
|  | **2024** | **2025** | **2025** | **Change** | **Change** |
|  | **S$** | **S$** | **US$** | **S$** | **%** |
| **Revenue:** |  |  |  |  |  |
| Provision of professional services | 596702 | 919618 | 716046 | 322916 | 54.1% |
| Sale of software licenses and maintenance licenses | 1157645 | 833071 | 648658 | (324574) | -28.0% |
| Sale of hardware solutions |  | 183635 | 142985 | 183635 |  |
| Provision of hosting and supporting service | 92 | 215 | 167 | 123 | 133.7% |
| **Total** | **1754439** | **1936539** | **1507856** | **182100** | **10.4%** |

---

In the following table, revenue is disaggregated by the timing of revenue recognition.

---

| | | | |
|:---|:---|:---|:---|
|  | **For the six months ended June 30,** | **For the six months ended June 30,** | **For the six months ended June 30,** |
|  | **2024** | **2025** | **2025** |
|  | **S$** | **S$** | **US$** |
| Point in time | 596794 | 1103376 | 859031 |
| Overtime | 1157645 | 833163 | 648825 |
| **Total** | **1754439** | **1936539** | **1507856** |

---

 ****

***Provision of Professional Services***

For the six months ended June 30, 2025, revenue from provision of professional services increased by S$322,916 compared to the same period in 2024. The increase was achieved as the Group has secured a new Real-Time Engine Project in Singapore and Real-Time Engine enhancement by existing Brunei Customer.

***Sale of software licenses and maintenance licenses***

For the six months ended June 30, 2025, revenue from sale of software licenses and maintenance licenses decreased by S$324,574 compared to the same period in 2024. The decrease was mainly due to the expiration of an existing contract with customer in Laos.

 ****

***Sale of hardware solutions***

For the six months ended June 30, 2025, revenue from sale of hardware solution increased by S$183,635 compared to the same period in 2024. The Cambodian team has successfully started the QR Soundbox Terminal Business Line and sales was fulfilled in May 2025.

 ****

***Cost of Revenue***

Our cost of revenue decreased by S$168,146 or 22.7%, from S$740,039 for the six months ended June 30, 2024 to $571,893 for the six months ended June 30, 2025. The costs of revenue decreased as sales of license maintenance for 3<sup>rd</sup> Party Software has decreased.

***Gross Profit***

For the six months ended June 30, 2025, gross profit increased by S$350,246 or 34.5% compared to the same period in 2024 due to the change in revenue composition. The gross profit margin increased from 57.8% for the six months ended June 30, 2024 to 70.5% for the six months ended June 30, 2025. The Group recorded a significant increase in revenue from provision of professional fees while sales of software licenses and maintenance licenses decreased significantly. This causes the gross profit margin to increase as there is lesser reliance on external vendors which reduces the cost incurred for these licenses.

***Operating Expenses***

Our total operating expenses increased by S$28,427, or 2.2%, from S$1,280,504 for the six months ended June 30, 2024 to $1,308,931 for the six months ended June 30, 2025. This increase was mainly attributable to 1.) an increase of S$109,092 in general and administrative expenses, or G&A expenses and 2.) a decrease of S$84,350 in research and development, or R&D expenses. The increase in G&A expenses during this period was primarily increase in staff salary as more due to increase manpower for to deliver projects. R&D expenses decreased significantly as our Real-Time Payment product was completed was subsequently monetised.

 ***Other income***

Our other income decreased by S$5,540, or 136.6%, from S$12,787 for the six months ended June 30, 2024 to $7,247 for the six months ended June 30, 2025. This is primarily due to the loss of rental income for rental of office space.

***Interest expense***

Our interest expense increased by S$12,094 or 74.1%, from S$16,315 for the six months ended June 30, 2024 to $28,409 for the six months ended June 30, 2025. TechCreate Solution Private Limited drawn down a working capital loan of S$350,000 in May 2024 and has incurred interest expense of S$2,260 for six months ended June 30, 2024 which is significantly lower than interest expense of S$11,746 for six months ended June 30, 2025.

***Income tax expense***

Our income tax expense (withholding tax expense) decreased by $29,587, or 35.1%, from $84,286 for the six months ended June 30, 2024 to $54,699 for the six months ended June 30, 2025. The decrease is due to lesser billings made to Brunei, Cambodia and Laos.

***Net income/(loss)***

Our net loss was $20,146 for the six months ended June 30, 2025, compared to net loss of $353,918 for the six months ended June 30, 2024. The increase mainly due to the increase in gross profit and gross profit margin.

***Liquidity***

Our working capital has historically been generated from our operating cash flows, working capital and loans from bank facilities. As of June 30, 2025, we had cash and cash equivalents of approximately S$0.80 million, working capital of approximately S$1.30 million and total shareholders' equity of approximately S$0.87 million. As of June 30, 2024, our cash and cash equivalents of approximately S$0.80 million, working capital of approximately $0.94 million and total shareholders' equity of approximately $0.30 million.

***Recent Developments***

The Company evaluated all events and transactions from December 31, 2024 up to report date, which is the date that these consolidated financial statements are available to be issued.

On July 23, 2025, the Company has adopted a Share Incentive Plan by providing such individuals with an incentive for outstanding performance to generate superior returns to Company shareholders.

On November 20, 2025, the Group has announced its intention to award its employees share option for their contribution to the Group.

There are no further material subsequent events that require disclosure in these consolidated financial statements.

**About TechCreate Group Ltd.**

TechCreate Group Ltd. is a Singapore-based payment software solutions provider. Founded in 2015, the Company delivers digital payment and infrastructure solutions to financial institutions, telecommunications, deposit insurance, and enterprises. TechCreate's offerings include real-time payment systems, digital banking platforms, API management, cybersecurity, and cloud computing. Its proprietary Artificial Intelligence Real-Time Engine (AI-RTE) is designed to enable fast, secure, and efficient payment processing. For more information, visit <u>https://www.techcreate.com.sg/</u>.

**Exchange Rate**

The Company's business is primarily conducted in Singapore and all of the revenues are denominated in Singapore States Dollars ("SGD"). This announcement contains translations of certain SGD amounts into U.S. dollars ("USD" or "US$") at specified rates solely for the convenience of the readers. Unless otherwise noted, all translations from SGD to USD are made at the rate of SGD 1.2758 to US$1.00, the monthly exchange rate set forth in the by Monetary Authority of Singapore. No representation is made that the SGD amounts could have been, or could be, converted, realized or settled into US$ at that rate on June 30, 2025, or at any other rate.

 **Statement Regarding Preliminary Unaudited Financial Information**

The accompanying condensed consolidated interim financial statements for the six months ended June 30, 2025 are unaudited and were not subject to a review by the independent registered public accounting firm.

**Forward-Looking Statements**

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Any forward-looking statements contained in this press release speak only as of the date hereof, and TechCreate Group Ltd. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

**Contacts**

Investor Relations

John Yi and Steven Shinmachi

Gateway Group, Inc.

949-574-3860

<u>TCGL@gateway-grp.com</u>

## Exhibit 99.3

**Exhibit 99.3** 

**TECHCREATE GROUP LTD**

**CONDENSED CONSOLIDATED BALANCE SHEETS**

---

| | | | |
|:---|:---|:---|:---|
|  | **As at December 31,** | **As at June 30,** | **As at June 30,** |
|  | **2024** | **2025 (Unaudited)** | **2025 (Unaudited)** |
|  | **S$** | **S$** | **US$** |
| **ASSETS** |  |  |  |
| **Current Assets** |  |  |  |
| Deferred Cost | 576562 | 312458 | 244911 |
| Contract Assets | 145383 | 65680 | 51481 |
| Accounts and Other Receivable | 276734 | 110930 | 85950 |
| Amount Due from Shareholders | 4900 | 4900 | 3841 |
| Amount Due from Related Party | 11772 |  |  |
| Cash and Cash Equivalents | 1205951 | 1305991 | 1023664 |
| Deferred Offering Costs | 457718 | 711848 | 557962 |
| **Total Current Assets** | 2679020 | 2511807 | 1968809 |
| **Non-Current Assets** |  |  |  |
| Property, Plant and Equipment, net | 7929 | 6438 | 5046 |
| Right-of-Use Assets – Operating Leases | 83288 | 62699 | 49145 |
| Deferred Cost | 57400 | 96014 | 75258 |
| **Total Non-Current Assets** | 148617 | 165151 | 129449 |
| **TOTAL ASSETS** | 2827637 | 2676958 | 2098258 |
| **Commitments and Contingencies** |  |  |  |
| **LIABILITIES** |  |  |  |
| **Current Liabilities** |  |  |  |
| Contract Liabilities | 981651 | 660699 | 517870 |
| Account and Other Payables | 100653 | 363183 | 284672 |
| Amount Due to Directors | 14907 | 3646 | 2858 |
| Operating Lease Liability | 39815 | 37890 | 29699 |
| Income Tax Payables | 277 | 260 | 204 |
| Working Capital Loans | 151714 | 156155 | 122398 |
| **Total Current Liabilities** | 1289017 | 1221833 | 957701 |
| **Non-Current Liabilities:** |  |  |  |
| Operating Lease Liability | 47233 | 28742 | 22529 |
| Contract Liabilities | 8247 | 49293 | 38636 |
| Working Capital Loans | 608416 | 503249 | 394458 |
| **Total Non-Current Liabilities** | 663896 | 581284 | 455623 |
| **TOTAL LIABILITIES** | 1952913 | 1803117 | 1413324 |
| **SHAREHOLDERS' EQUITY** |  |  |  |
| Class A Ordinary Shares, US$0.0002 par value, 225,000,000 shares authorized, 14,927,250 shares issued and outstanding as of December 31, 2024 and June 30, 2025 respectively.\* |  |  |  |
| Class B Ordinary Shares, US$0.0002 par value, 25,000,000 shares authorized, 2,572,750 share issued and outstanding as of December 31, 2024 and June 30, 2025 respectively.\* |  |  |  |
| Additional Paid-in Capital | 1351540 | 1351540 | 1059367 |
| Accumulated Other Comprehensive Loss | (7875) | 11389 | 8924 |
| Retained Earnings/ (Accumulated Losses) | (468941) | (489088) | (383357) |
| **Total Shareholders' Equity** | 874724 | 873841 | 684934 |
| **TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY** | 2827637 | 2676958 | 2098258 |

---

**TECHCREATE GROUP LTD**

**CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND**

**COMPREHENSIVE INCOME (LOSS)**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  | **For the six months ended June 30,** | **For the six months ended June 30,** | **For the six months ended June 30,** |
|  | **2024** | **2025** | **2025** |
|  | **S$** | **S$** | **US$** |
| **Revenue** | 1754439 | 1936539 | 1507856 |
| **Cost of revenue** | (740039) | (571893) | (445296) |
| **Gross profit** | 1014400 | 1364646 | 1062560 |
| Selling and distribution expenses | (106054) | (109739) | (85447) |
| Research and development expenses | (84350) |  |  |
| General and administrative expenses | (1090100) | (1199192) | (933836) |
| **Total operating expenses** | (1280504) | (1308931) | (1019283) |
| **Profit / (loss) from operations** | (266104) | 55715 | 43277 |
| **Other income (expenses)** |  |  |  |
| Other income | 12787 | 7247 | 5643 |
| Interest expense | (16315) | (28409) | (22120) |
| **Total other income (expenses)** | (3528) | (21162) | (16477) |
| Income/ (Loss) before income tax | (269632) | 34533 | 26800 |
| Income tax expense | (84286) | (54699) | (42591) |
| **Net loss** | (353918) | (20146) | (15791) |
| **Other comprehensive loss, net of tax** |  |  |  |
| Currency translation differences arising from consolidation | (2539) | 11389 | 8924 |
| **Net comprehensive loss** | (356457) | (8757) | (6867) |
| **Net loss per share attributable to ordinary shareholders** |  |  |  |
| Basic and diluted | (0.0200) | (0.0005) | (0.0004) |
| **Weighted average number of ordinary shares used in computing net loss per share** |  |  |  |
| Basic and diluted\* | 17500000 | 17500000 | 17500000 |

---

**TECHCREATE GROUP LTD**

**CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY**

**(Unaudited)**

**For the six** **months ended June 30, 2024**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Class A Ordinary<br> Shares** | **Class A Ordinary<br> Shares** | **Class B Ordinary**<br> **Shares** | **Class B Ordinary**<br> **Shares** | | | | |
|  | **Number of<br> shares\*** | **Amount** | **Number of<br> shares\*** | **Amount** | **Additional**<br>**paid-in capital** | **Retained earnings/**<br>**(Accumulated<br> losses)** | **Accumulated other**<br>**<br> comprehensive**<br> **loss** |<br>**Total<br> equity** |
|  | | **S$** | | **S$** | **S$** | **S$** | **S$** | **S$** |
| Balance as at December 31, 2023 | 14927250 |  | 2572750 |  | 109800 | 543885 | (2157) | 651528 |
| Net loss |  |  |  |  |  | (353918) |  | (353918) |
| Foreign currency translation | - |  | - |  | - | - | (382) | (382) |
| Balance as at June 30, 2024 | 14927250 |  | 2572750 |  | 109800 | 189967 | (2539) | 297228 |

---

**For the six** **months ended June 30, 2025**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Class A Ordinary<br> Shares** | **Class A Ordinary<br> Shares** | **Class B Ordinary**<br> **Shares** | **Class B Ordinary**<br> **Shares** | | | | |
|  | **Number of<br> shares\*** | **Amount** | **Number of<br> shares\*** | **Amount** | **Additional**<br>**<br> paid-in capital** | **Retained earnings/**<br>**(Accumulated<br> losses)** | **Accumulated other**<br>**<br> comprehensive<br> loss** |<br>**Total<br> equity** |
|  | | **S$** | | **S$** | **S$** | **S$** | **S$** | **S$** |
| Balance as at December 31, 2024 | 14927250 |  | 2572750 |  | 1351540 | (468941) | (7875) | 874724 |
| Net loss |  |  |  |  |  | (20147) |  | (20147) |
| Foreign currency translation | - | - | - | - | - | - | 19264 | 19264 |
| Balance as at June 30, 2025 | 14927250 | - | 2572750 | - | 1351540 | (489088) | 11389 | 873841 |
|  |  | **US$** |  | **US$** | **US$** | **US$** | **US$** | **US$** |
| Balance as at June 30, 2025 | 14927250 | - | 22572750 | - | 1059367 | (383357) | 8924 | 684934 |

---

**TECHCREATE GROUP LTD**

**CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  | **For the six months ended June 30,** | **For the six months ended June 30,** | **For the six months ended June 30,** |
|  | **2024** | **2025** | **2025** |
|  | **S$** | **S$** | **US$** |
| **Cash flows from operating activities** |  |  |  |
| Net loss | (353919) | (20146) | (15791) |
| Adjustments to reconcile net loss to net cash provided by operating activities |  |  |  |
| Depreciation | 4577 | 3993 | 3130 |
| Operating lease expenses | 9617 | 20976 | 16441 |
| Working capital loan interest | 16315 | 28409 | 22268 |
| Changes in operating assets and liabilities |  |  |  |
| Deferred cost | 161345 | 225490 | 176744 |
| Contract assets | 44050 | 79703 | 62473 |
| Trade and other receivables | (240353) | 165804 | 129960 |
| Amount due from directors |  |  |  |
| Amount due from related parties | 56887 | 11772 | 9227 |
| Contract liabilities | (598163) | (279907) | (219397) |
| Trade and other payables | (59865) | 262530 | 205777 |
| Lease liabilities | (68032) | (20803) | (16306) |
| Income tax payable | (75) | (17) | (13) |
| **Net cash generated from/ (used in) operating activities** | (1027616) | 477804 | (374512) |
| **Cash flow from investing activities:** |  |  |  |
| Acquisition of property, plant and equipment | (2473) | (2502) | (1961) |
| **Net cash used in investing activities** | (2473) | (2502) | (1961) |
| **Cash flows from financing activities:** |  |  |  |
| Dividend paid to equity holders |  |  |  |
| Amount due to shareholders | 8666 | (11261) | (8827) |
| Repayment of working capital loans | (30482) | (129135) | (101219) |
| Proceeds from working capital loans | 850000 |  |  |
| Proceeds from issuance of shares |  |  |  |
| Deferred offering costs | - | (254130) | (199193) |
| **Net cash (used in)/ generated from financing activities** | 828185 | (394526) | (309239) |
| **Effects of changes in foreign exchange of cash** | (382) | 19264 | 15100 |
| **Net (decrease)/ increase in cash and cash equivalents** | (201904) | 80776 | 63313 |
| **Cash and cash equivalents at beginning of financial year** | 997845 | 1205951 | 945251 |
| **Cash and cash equivalents at June 30, 2024** | 795559 | 1301991 | 1023664 |
| **Supplemental cash flow information** |  |  |  |
| Income taxes paid | (25360) |  | (18826) |
| Withholding taxes paid | (59001) | (54441) |  |
| Cash paid for interest | (16315) | (28409) | (22268) |
| Capital contribution subscription receivable from shareholder | 4900 | 4900 | 3841 |

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