For years, there was good reason for the market to be sceptical. Captii has been in the red for the last four consecutive years. The bleeding has slowed, though. Last year’s net loss narrowed to $4.8 million from $8.7 million in 2024. Revenue has been on a sustained decline since 2021.
Not many companies on the Singapore Exchange have cash in the bank that’s worth more than their market cap. Mainboard-listed Captii, a technology investment holding company, had $12.7 million in cash, excluding restricted deposits, and no bank borrowings as at March 31, 2026. Its market value? Roughly $9 million.
That works out to about 39.65 cents per share in cash alone, against Captii’s current share price of 29 cents. The company’s latest net asset value is 83.73 cents a share, nearly three times its share price.
