Ryde Group Reports 31% Revenue Growth
Ryde Group Ltd (NYSE American:RYDE), a leading technology platform for mobility and quick commerce, announced its financial results for the six months ended June 30, 2025.
Key Financial Highlights for First Half 2025
- Revenue: S$5.7 million (US$4.5 million), up from S$4.4 million (US$3.2 million) in 1H 2024.
- Adjusted EBITDA: Improved by 14%, with a deficit of S$2.9 million (US$2.
Revenue growth was driven by expansion across both supply and demand, supported by stronger rider and driver engagement and improved platform efficiency.
The Company reported a 31% revenue growth in the first half of 2025.
Author's summary: Ryde Group reports 31% revenue growth in 1H 2025.