Delisting risk
RPGL · NASDAQ · Software - Application

Republic Power Group (RPGL)

Builds custom ERP, airport, and cruise-terminal systems with integrated IoT hardware.

$1.50
Pre-market+0.03 (+2.04%)
At close$1.47(−3.29%)
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Republic Power Group Limited Class A Ordinary SharesRPGLInformation Technology

Provides project-based customized ERP, operational software, IoT hardware integration, and related support to corporate and government-agency customers across Hong Kong and Southeast Asia. Revenue depends on fixed-price project delivery, while standardized subscription ERP and tokenization technology remain in commercialization.

Builds customized ERP and operational software for corporations and government agencies, combining software design with sensors, controls, peripheral equipment, and other IoT hardware. Work includes accounting, procurement, workflow automation, monitoring, and resource allocation, with specialized airport and cruise-terminal projects such as passenger-flow and trolley-management systems.

Executes consultative, fixed-price projects through bids, general contractors, and referrals; contracts use milestones and can include training, maintenance, and support. Operations and project management sit in Singapore, while customers span Hong Kong and Southeast Asia.

Develops a standardized subscription ERP product and holds rights to real-world-asset tokenization and secondary-trading technology, neither of which has a separately identified revenue line. Revenue remains shaped by project completion, customer and vendor concentration, outsourced development, open-source and third-party technology rights, and Singapore privacy requirements.

Company facts

CEOZiyang Long
ListedOct 14, 2025
ExchangeNASDAQ
HeadquartersSingapore, Singapore
CountrySingapore
Employees8
CIK0001912884
ISINVGG7523E1218

Market cap$1.6M
EPS (ttm)$823.20
P/E (ttm)0.0018
ROE23.0%
P/B0.0004
P/S0.4264
Dividend yieldDiv yield
Beta1.88vs XLK −1.81

No analyst consensus on record.

Not reported.

Debt to equity1.80%
Current ratio167.50%

ProfitabilityRevenueNet incomeNet margin

Q2 FY22Q4 FY22Q2 FY25
Revenue$107.7K$3.6M$1.7M
Net income−$996.4K$1.9M−$760.9K
Net margin0.0%53.5%0.0%

GrowthOperating income

Q2 FY22Q4 FY22Q2 FY25
Operating income−$995.0K$2.2M−$687.9K
YoY growth

Balance sheet, Dec 31, 2025Cash & short-term investments $4.6K · Total debt $116.6K · Total assets $8.3M · Shareholders' equity $6.6M

Revenue
$1.7M
Operating income
−$687.9K
Net income
−$760.9K
View details

No dividends on record.

1.08M company shares as of Aug 21, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Cetera Wealth Services, LLCStrategic10 percent owner
0.00%0Form 4filed Mar 19, 2026
Hao Feng Ng1Insiderdirector, 10 percent owner
0.00%0Form 4filed May 18, 2026
True Sage International Limited ("True Sage")Strategic
60.89% of class, as filed13Dfiled Feb 4, 2026
  1. Hao Feng Ng reports a block also reported by Cetera Wealth Services, LLC; it is counted once, under Cetera Wealth Services, LLC.

13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 19, 2026Cetera Wealth Services, LLC10 percent owner−648,767$0.5458
Mar 18, 2026Cetera Wealth Services, LLC10 percent owner−31,888$0.6460
Mar 17, 2026Cetera Wealth Services, LLC10 percent owner−12,500$0.7814
Mar 16, 2026Cetera Wealth Services, LLC10 percent owner−9,700$0.8342
Mar 13, 2026Cetera Wealth Services, LLC10 percent owner−39,579$0.8477
View details

  • Microsoft

    Prospective SaaS-ERP alternative with AI and integration tools.

  • Oracle

    Prospective cloud-ERP alternative for finance and operations.

  • SAP (ADR)

    Prospective cloud-ERP alternative with integrated business processes.

ComparePre-market

CompanyPriceChange
Republic Power Group$1.50+2.04%$1.6M0.00.4
Microsoft$498.20+0.28%$3.69T27.725.411.1+17.8%
Oracle$146.35+0.40%$419.83B25.018.16.2+20.6%
SAP (ADR)$213.98+2.06%$244.34B26.522.65.5+5.8%
Median26.522.66.2+17.8%