# Raffles Education Corporation Limited (RFLFF)

> Consumer Defensive · SG · Reports in SGD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/RFLFF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | S$ 57.73M | S$ -23.0K | S$ -14.68M | S$ 215.49M | S$ 582.71M |
| 2024 | S$ 112.28M | S$ -13.65M | S$ -1.81M | S$ 223.45M | S$ 590.66M |
| 2023 | S$ 113.80M | S$ -9.48M | S$ 9.85M | S$ 262.27M | S$ 599.18M |
| 2022 | S$ 106.00M | S$ 7.17M | S$ -16.69M | S$ 289.47M | S$ 633.52M |
| 2021 | S$ 102.51M | S$ -10.60M | S$ -17.41M | S$ 311.03M | S$ 702.33M |
| 2020 | S$ 96.79M | S$ 11.57M | S$ -8.34M | S$ 341.41M | S$ 677.03M |
| 2019 | S$ 101.29M | S$ 63.99M | S$ -38.39M | S$ 317.27M | S$ 628.91M |
| 2018 | S$ 96.69M | S$ 1.90M | S$ -12.81M | S$ 354.61M | S$ 583.17M |
| 2017 | S$ 95.81M | S$ -3.54M | S$ -78.71M | S$ 449.70M | S$ 548.86M |
| 2016 | S$ 126.43M | S$ 12.79M | S$ -46.44M | S$ 383.66M | S$ 533.71M |
| 2015 | S$ 118.95M | S$ 11.54M | S$ -47.29M | S$ 414.54M | S$ 541.12M |
| 2014 | S$ 123.07M | S$ 53.24M | S$ -47.74M | S$ 342.90M | S$ 578.53M |
| 2013 | S$ 125.90M | S$ 21.07M | S$ -4.42M | S$ 285.21M | S$ 537.99M |
| 2012 | S$ 125.03M | S$ -88.76M | S$ -38.30M | S$ 203.00M | S$ 514.23M |
| 2011 | S$ 146.01M | S$ 51.68M | S$ 25.61M | S$ 216.35M | S$ 601.16M |
| 2010 | S$ 172.93M | S$ 42.99M | S$ 31.82M | S$ 156.95M | S$ 548.54M |
| 2009 | S$ 98.70M | S$ 21.05M | S$ 45.72M | N/A | N/A |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.37 |
| Liabilities / Eq | 0.67 |
| Current Ratio | 0.66 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 38.60 |

## Other views

- [Metrics](https://sponda.capital/en/RFLFF.md)
- [Charts](https://sponda.capital/en/RFLFF/charts.md)
- [Compare](https://sponda.capital/en/RFLFF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-23.