FinancialIntelligence
Margin benchmarking, working capital patterns, budget variance, pricing-to-margin linkage and revenue trends.
Portfolio revenue (YTD)
S$21.6m+14% YoY
Portfolio gross margin
36%benchmark basis
Budget variance
-3.2%YTD vs budget
Avg working capital
58 days
Margin benchmarking
Gross margin vs portfolio benchmark
Budget variance
YTD actual vs budget by company
| Company | Budget YTD | Actual YTD | Variance |
|---|---|---|---|
| AccessCo | S$11.3m | S$13.1m | +16% (ahead) |
| Engel's Sense | S$7.1m | S$8.4m | +19% (ahead) |
| Portfolio opex | S$12.1m | S$12.5m | -3.2% |
Working capital patterns
AccessCo trending up — see GM Portal analysis
| Company | Sep 25 | Aug 26 | Trend |
|---|---|---|---|
| AccessCo | S$2.10m | S$2.65m | +26% |
| Engel's Sense | S$0.98m | S$0.91m | -7% |
Pricing-to-margin linkage
Deals priced below floor erode margin ~1.8pts per quarter
| Quarter | Deals below floor | Margin impact |
|---|---|---|
| Q4 25 | 2 | -0.9pts |
| Q1 26 | 4 | -1.8pts |
| Q2 26 | 3 | -1.3pts |