Post *10 in 10 with Skylink – Beyond Leasing: Scaling an Integrated Mobility Ecosystem*

*10 in 10 with Skylink – Beyond Leasing: Scaling an Integrated Mobility Ecosystem* https://www.sgx.com/research-education/market-dialogues/20260929-10-10-skylink-beyond-leasing-scaling-integrated We believe Skylink’s value proposition rests on three key areas: recurring earnings, an integrated growth platform, and disciplined execution. In FY2026, Commercial Vehicle Leasing contributed about 74% of Group revenue, while around 91.1% of active leasing contracts carried minimum commitments of one year or longer. The Group generated S$12.89 million of net operating cash flow, while adjusted net profit attributable to shareholders increased 61.1% to S$4.42 million, excluding the one-off reverse takeover (RTO) listing expenses and non-cash RTO accounting effects. The balance sheet was also strengthened following the RTO and placement, with total assets of S$129.81 million and equity of S$16.98 million as at 31 March 2026. We believe investors may not fully recognise that Skylink is building more than a vehicle fleet. It is developing an integrated platform that can generate income at several points in a commercial vehicle’s working life. As Commercial Vehicle Leasing, Credit and Engineering scale together, the same customer relationships and asset base can support multiple revenue streams, strengthen customer retention and create greater operating leverage. This self-reinforcing mobility ecosystem provides Skylink with multiple avenues for sustainable growth and longer-term shareholder value creation.