Basel Medical Group Ltd (NASDAQ: BMGL) is a Singapore-headquartered healthcare provider that was incorporated in 2023 (with the corporate entity formed in the British Virgin Islands, while operations are based in Singapore). The company trades as Basel Medical Group Ltd Ordinary Shares on the NASDAQ Global Market. Its business model ...Basel Medical Group Ltd (NASDAQ: BMGL) is a Singapore-headquartered healthcare provider that was incorporated in 2023 (with the corporate entity formed in the British Virgin Islands, while operations are based in Singapore). The company trades as Basel Medical Group Ltd Ordinary Shares on the NASDAQ Global Market. Its business model is centered on offering healthcare-related services and products under a single platform, spanning specialist medical expertise, medical supplies and equipment, advanced medical technology solutions, and pharmaceutical products. This breadth suggests an integrated approach to serving patients and/or healthcare partners, combining clinical know-how with the sourcing and deployment of medical goods and technology.
Leadership is listed as Yen Feng Chhoa, who is referenced in market and filing context as an executive/CEO figure for the company. In the company’s registration materials, the founder is associated with Dr. Kevin Yip, who began practicing in Singapore in 2001 and is described as the founder behind the initial clinic development and subsequent business growth. The company’s relatively early-stage public history is reflected in its IPO timing: it is listed on NASDAQ since February 2025, and disclosures referenced in the provided information indicate a modest fundraising amount in the IPO (about USD 10.14 million).
Operationally, BMGL employs a relatively small workforce for a public company—reported around 36 full-time employees (and also referenced in other snippets as “approximately 70 staff”). With a staff base in the tens, the company likely relies on a mix of in-house clinicians/operations staff and external or partner-driven capacity for specific procedures, equipment, and supply-chain needs.
From a product and service perspective, the cost structure in medical care facilities and healthcare supply/technology businesses typically involves staffing costs (clinical and support), procurement and logistics (medical supplies, equipment, and pharmaceuticals), and technology/implementation expenses (advanced medical technology solutions). The company’s publicly available valuation/market metrics in the provided dataset reflect that it is a small-cap entity, with market capitalization in the low single-digit millions of USD and limited trading volume. Financially, the provided “TTM” metrics indicate negative profitability measures (e.g., negative margins and negative returns), which is common for early-stage healthcare rollouts or periods of investment before scale effects are realized.
In terms of key people and governance, BMGL’s filings reference insider ownership reporting and CEO designation, which implies active management oversight post-IPO. Looking ahead, typical “wishes” or strategic priorities for a healthcare platform like BMGL would include expanding clinic/service footprint, deepening specialist capabilities, growing recurring demand from patients/partners, improving operating margins through scale, and strengthening working capital efficiency given the naturally variable cash conversion dynamics in healthcare services and supply chains.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$11.3M
+12.6%
+36.1%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-12.1M
-683.2%
+102.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+77.7%
+0.1%
-212.2%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-19.3%
-188.3%
-32.5%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-106.8%
-617.8%
+102.0%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-4.4M
-275.9%
-113.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-38.9%
-256.1%
-56.9%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
70.3%
+24.0%
+123.5%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.23x
-45.7%
+53.3%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.