Company research
Singularity Future Technology Ltd.
CIK 1422892Updated Sep 24, 2026
SecuritySGLY · NASDAQ · equity
Name history
Sino-Global Shipping America, Ltd. · through Dec 23, 2021
SGLY price & chart
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NASDAQ:SGLY on TradingView ↗About the company
The Company is a global logistics integrated solution provider that was founded in the United States in 2001. The Company primarily focuses on providing freight logistics services, which mainly include shipping, warehouse, resources, equipment, and other logistical support to steel companies and e-commerce businesses.
In the news
Singularity Future Technology Ltd. Announces Pricing of $5.0 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules ↗
Recent filings
PRER14A filing
DEF 14A filing
Entry into a Material Definitive Agreement
Items 1.01, 9.01
424B5 filing
424B5 filing
Show 5 more recent filings
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities
Items 1.01, 3.02, 9.01
PRE 14A filing
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities
Items 1.01, 3.02, 9.01
Other Events
Items 8.01
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 3.03, 5.03, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 18,228,902Source | 19,237,807Source | 64,847,740Source | 52,803,116Source |
| Property, Plant and Equipment, NetUSD | — | 426,343Source | 548,956Source | 757,257Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 17,390,156Source | 55,833,282Source | 44,837,317Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 396,744Source | 198,553Source | 108,381Source | 113,242Source |
| Assets, CurrentUSD | 18,134,340Source | 18,192,716Source | 63,165,462Source | 46,867,349Source |
| Prepaid Expense and Other Assets, CurrentUSD | — | 252,047Source | 365,913Source | 341,992Source |
| Operating Lease, Right-of-Use AssetUSD | 84,370Source | 381,982Source | 732,744Source | 417,570Source |
| Other Assets, NoncurrentUSD | — | — | 237,749Source | 115,971Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 7,771,970Source | 10,276,940Source | 31,059,830Source | 5,733,974Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 105,333,048Source | 94,332,048Source | 96,127,691Source | 82,555,700Source |
| Additional Paid in CapitalUSD | 2,334,962Source | 2,334,962Source | 2,334,962Source | 2,334,962Source |
| Retained Earnings (Accumulated Deficit)USD | -94,597,445Source | -85,576,438Source | -62,579,592Source | -30,244,937Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -596,914Source | 90,236Source | 45,739Source | -625,449Source |
| Stockholders' Equity Attributable to ParentUSD | 12,473,651Source | 11,180,808Source | 35,928,800Source | 54,020,276Source |
| Liabilities and EquityUSD | 18,228,902Source | 19,237,807Source | 64,847,740Source | 52,803,116Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 7,274,565Source | 5,031,769Source | 25,212,959Source | 5,343,648Source |
| Operating Lease, Liability, CurrentUSD | 53,286Source | 330,861Source | 471,976Source | 192,044Source |
| Accounts Payable, CurrentUSD | — | 494,329Source | 508,523Source | 574,857Source |
| Operating Lease, Liability, NoncurrentUSD | 31,084Source | 245,171Source | 846,871Source | 237,956Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -2,016,719Source | -2,219,941Source | -2,140,890Source | -6,951,134Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 396,744Source | 198,553Source | 108,381Source | — |
| Deferred Revenue, CurrentUSD | — | 66,531Source | — | — |
| Long-term DebtUSD | — | — | — | 155,405Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -3,314,531Source | -23,098,342Source | -28,928,369Source | -6,773,047Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 48,871Source | 164,348Source | 533,638Source | 432,941Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | 329,778Source | 10,064,622Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 125,256Source | -28,362Source | 39,669Source | 84,757Source |
| Increase (Decrease) in Accounts PayableUSD | 62,704Source | — | — | 73,170Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -2,692,682Source | -33,643,405Source | 5,918,070Source | -4,150,112Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | -2,225,708Source | -3,581,676Source | -6,040,185Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | 35,588Source | 874,518Source | 1,510,379Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 2,607,261Source | -2,125,420Source | 8,351,964Source | 54,200,082Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | -38,443,126Source | 10,995,965Source | 44,706,135Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 17,651,896Source | — | — | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 41,914Source | — | 2,404Source | 967Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,258Source | — | -147,389Source | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | 3,600,000Source | — | — |
| Amortization of Intangible AssetsUSD | — | — | — | 26,389Source |
| DepreciationUSD | — | — | 410,552Source | — |
| Equity Method Investment, Other than Temporary ImpairmentUSD | — | 128,369Source | — | — |
| Gain (Loss) on Disposition of AssetsUSD | — | 12,926Source | -147,154Source | -6,312Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -133,765Source | — | — | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | — | — | -170,880Source | — |
| Gain (Loss) on Sales of Loans, NetUSD | — | — | — | 124,570Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | 177,970Source | — | — |
| General and Administrative ExpenseUSD | 2,518,079Source | 11,572,888Source | 9,301,784Source | 5,605,670Source |
| Goodwill, Impairment LossUSD | — | 128,360Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | -34,459Source | -47,181Source | — |
| Income Tax Expense (Benefit)USD | 30,230Source | 135,855Source | — | 3,450Source |
| InterestExpenseNonoperatingUSD | 146,370Source | — | — | — |
| Investment Income, InterestUSD | 135,176Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -3,912,479Source | -22,996,846Source | -28,928,369Source | -6,773,047Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 597,948Source | -101,496Source | 670,539Source | -50,296Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -23,098,342Source | — | -6,773,047Source |
| Operating ExpensesUSD | 2,763,156Source | 15,142,863Source | 22,542,985Source | 6,437,638Source |
| Operating Lease, ExpenseUSD | — | — | 595,753Source | — |
| Other Depreciation and AmortizationUSD | — | — | 533,638Source | 406,553Source |
| Other Nonoperating Income (Expense)USD | — | 74,989Source | -105,709Source | -508,597Source |
| Other Operating Income (Expense), NetUSD | — | 41,700,000Source | — | — |
| Proceeds from Issuance of Common StockUSD | 1,141,000Source | — | 10,525,819Source | 52,772,977Source |
income statement · annual statements
| Line item | FY 2025 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 1,813,193Source | 4,538,723Source | 3,988,415Source | 5,151,032Source |
| Cost of RevenueUSD | — | 4,538,723Source | 3,988,415Source | 5,151,032Source |
| Operating Income (Loss)USD | -2,711,757Source | -14,594,794Source | -22,691,044Source | -6,261,000Source |
| Other Nonoperating Income (Expense)USD | — | 74,989Source | -105,709Source | -508,597Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -3,284,301Source | -22,962,487Source | -28,928,369Source | -6,769,597Source |
| Income Tax Expense (Benefit)USD | 30,230Source | 135,855Source | — | 3,450Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 597,948Source | -101,496Source | 670,539Source | -50,296Source |
| Net Income (Loss) Attributable to ParentUSD | -3,912,479Source | -22,996,846Source | -28,928,369Source | -6,773,047Source |
| Earnings Per Share, BasicUSD per share | -1.06Source | -1.09Source | — | — |
| Earnings Per Share, DilutedUSD per share | -1.06Source | -1.09Source | -1.58Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 3,706,779Source | 21,123,252Source | 17,924,098Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 3,706,779Source | 21,123,252Source | 17,924,098Source | — |
| Interest Expense (non-operating)USD | 146,370Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | — | — | 26,389Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 48,871Source | — | 533,638Source | 336,234Source |
| General and Administrative ExpenseUSD | 2,518,079Source | 11,572,888Source | 9,301,784Source | 5,605,670Source |
| Goodwill, Impairment LossUSD | — | 128,360Source | — | — |
| Gross ProfitUSD | 51,399Source | 548,069Source | -148,059Source | 176,638Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | -34,459Source | -47,181Source | — |
| Interest ExpenseUSD | — | — | 2,404Source | 5,839Source |
| Interest Expense, DebtUSD | — | — | 132,977Source | — |
| Investment Income, InterestUSD | 135,176Source | — | — | — |
| Labor and Related ExpenseUSD | — | 103,424Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -23,098,342Source | — | -6,773,047Source |
| Operating ExpensesUSD | 2,763,156Source | 15,142,863Source | 22,542,985Source | 6,437,638Source |
| Operating Lease, ExpenseUSD | — | — | 595,753Source | — |
| Other Operating Income (Expense), NetUSD | — | 41,700,000Source | — | — |
| Selling ExpenseUSD | 245,077Source | 232,569Source | 385,890Source | 297,906Source |
| Utilities Operating Expense, Maintenance, Operations, and Other Costs and ExpensesUSD | — | 33,469Source | 1,006,305Source | — |
Filing attachments
ea030320501ex4-1.htm · 8-K · 2026-08-25
EX-4.1 2 ea030320501ex4-1.htm FORM OF PRE-FUNDED WARRANT RELATING TO THE OFFERINGS Exhibit 4.1 PRE-FUNDED WARRANT TO PURCHASE COMMON STOCK OF SINGULARITY FUTURE TECHNOLOGY LTD. Warrant Shares: [_____] Initial Exercise Date: August [__], 2026 ───────────────────────────────────────────────────────────────────────── THIS PRE-FUNDED WARRANT TO PURCHASE COMMON STOCK (the “Warrant”) certifies that, for value received, [_____] or its assigns (the “Holder”) is entitled, upon the terms a…
Read attachment ↗ea022883501ex99-1_singular.htm · 8-K · 2025-01-27
EX-99.1 5 ea022883501ex99-1_singular.htm PRESS RELEASE ON PRICING OF THE COMPANY'S OFFERING Exhibit 99.1 Singularity Announces Pricing of $1.1 Million Registered Direct Offering New York, N.Y., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Singularity Future Technology Ltd. (Nasdaq: SGLY) (“Singularity” or the “Company”), today announced that it has entered into securities purchase agreements with several institutional investors to purchase an aggregate of 700,000 shares of the Company’s common stock …
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