0001493152-26-020594 | 20-F | XBRL Viewer

OIO_MovementsInTranslationReserves

OIO_MovementsInTranslationReserves

OIO_MovementsInTranslationReserves

OIO_MovementsInTranslationReserves

OIO_MovementsInTranslationReserves

OIO_MovementsInTranslationReserves

OIO_MovementsInTranslationReserves

(432,257)

- Prepaid forward purchase agreement written-off

OIO_MovementsInTranslationReserves

(432,257)

OIO_PrepaidForwardPurchaseAgreementWrittenoff

- Prepaid forward purchase agreement written-off

OIO_PrepaidForwardPurchaseAgreementWrittenoff

969

Write-back of deferred underwriting fees payable

OIO_WritebackOfDeferredUnderwritingFeesPayable

Write-back of deferred underwriting fees payable

OIO_WritebackOfDeferredUnderwritingFeesPayable

153,125

Proceeds from shares application

OIO_ProceedsFromSharesApplication

Proceeds from shares application

OIO_ProceedsFromSharesApplication

1,240,000

Repayments of loans from shareholders and directors

OIO_RepaymentsOfLoansFromShareholdersAndDirectors

Repayments of loans from shareholders and directors

OIO_RepaymentsOfLoansFromShareholdersAndDirectors

(69,649)

Repayments of loans from shareholders and directors

OIO_RepaymentsOfLoansFromShareholdersAndDirectors

(69,649)

OIO_RepaymentOfBankLoans

OIO_RepaymentOfBankLoans

OIO_RepaymentOfBankLoans

(1,380,703)

OIO_RepaymentOfBankLoans

(1,380,703)

OIO_RepaymentOfBankLoans

(1,118,278)

OIO_RepaymentOfBankLoans

(1,118,278)

OIO_NewLeasesClassifiedAsFinancingActivities

OIO_NewLeasesClassifiedAsFinancingActivities

OIO_NewLeasesClassifiedAsFinancingActivities

(273,459)

OIO_NewLeasesClassifiedAsFinancingActivities

(273,459)

OIO_NewLeasesClassifiedAsFinancingActivities

(103,462)

Proceeds from loans from shareholders and directors

OIO_NewLeasesClassifiedAsFinancingActivities

(103,462)

OIO_ProceedsFromLoansFromShareholdersAndDirectors

Proceeds from loans from shareholders and directors

OIO_ProceedsFromLoansFromShareholdersAndDirectors

1,376,861

Proceeds from loans from shareholders and directors

OIO_ProceedsFromLoansFromShareholdersAndDirectors

1,376,861

Gain from disposal of motor vehicle

OIO_GainFromDisposalOfMotorVehicle

Gain from disposal of motor vehicle

OIO_GainFromDisposalOfMotorVehicle

73,730

Others

OIO_OthersIncome

Others

OIO_OthersIncome

339

Impairment loss on other receivables

OIO_ImpairmentLossOnOtherReceivables

Impairment loss on other receivables

OIO_ImpairmentLossOnOtherReceivables

49,851

Translation differences

OIO_TranslationDifferences

Translation differences

OIO_TranslationDifferences

146,939

Translation differences

OIO_TranslationDifferences

178,113

Exchange reserves

OIO_ExchangeReserves

(555,455)

Exchange reserves

OIO_ExchangeReserves

(123,198)

AdjustmentsForReconcileProfitLosses

OIO_AdjustmentsForReconcileProfitLosses

(402,219)

AdjustmentsForReconcileProfitLosses

OIO_AdjustmentsForReconcileProfitLosses

2,248,148

Proceeds from shares issuance

OIO_ProceedsFromSharesIssuance

760,000

Proceeds from shares issuance

OIO_ProceedsFromSharesIssuance

7,500,000

PaymentsOfShareIssuanceExpense

OIO_PaymentsOfShareIssuanceExpense

40,768

PaymentsOfShareIssuanceExpense

OIO_PaymentsOfShareIssuanceExpense

174,387

Loan from/ (repayment to) shareholders

OIO_LoanFromShareholders

940,799

Loan from/ (repayment to) shareholders

OIO_LoanFromShareholders

(56,063)

Loan from/ (repayment to) directors

OIO_LoanFromDirectors

436,062

Loan from/ (repayment to) directors

OIO_LoanFromDirectors

(13,586)

OIO_PaymentOfBorrowingClassifiedAsFinancingActivities

(53,725)

OIO_PaymentOfBorrowingClassifiedAsFinancingActivities

(296,420)

OIO_PaymentOfBorrowingClassifiedAsFinancingActivities

(350,145)

OIO_PaymentOfBorrowingClassifiedAsFinancingActivities

(61,362)

OIO_PaymentOfBorrowingClassifiedAsFinancingActivities

(231,294)

OIO_PaymentOfBorrowingClassifiedAsFinancingActivities

(292,656)

OIO_ExchangeAdjustments

96,524

OIO_ExchangeAdjustments

78,594

OIO_ExchangeAdjustments

175,118

OIO_ExchangeAdjustments

(98,382)

OIO_ExchangeAdjustments

(298,802)

OIO_ExchangeAdjustments

(397,184)

OIO_InterestExpensesClassifiedAsFinancingActivities

(53,725)

OIO_InterestExpensesClassifiedAsFinancingActivities

(296,420)

OIO_InterestExpensesClassifiedAsFinancingActivities

(350,145)

OIO_InterestExpensesClassifiedAsFinancingActivities

(61,362)

OIO_InterestExpensesClassifiedAsFinancingActivities

(231,294)

Proceeds from issuance of private placement

OIO_InterestExpensesClassifiedAsFinancingActivities

(292,656)

Net current liabilities

OIO_NetCurrentLiabilities

8,400,000

Net current liabilities

OIO_NetCurrentLiabilities

7,000,000.0

Loan payable

OIO_LoanPayable

3,500,000

Loan payable

OIO_LoanPayable

2,400,000

OIO_ProceedsFromIssuanceOfPrivatePlacements

$ 2,000,000.0

Schedule of property, plant and equipment depreciation, estimated useful lives

OIO_DisclosureOfDetailedInformationAboutDepreciationOverTheEstimatedUsefulLivesExplanatory

Depreciation is calculated using the straight-line method to allocate depreciable amounts over the estimated useful lives as follows:

		Useful lives
Leasehold land and buildings		Over the lease term period ranging from 2 to 30 years
Plant and equipment		3 to 5 years
Machineries		2 to 10 years
Renovation		5 years
Motor vehicles		10 years
Furniture and fittings		5 years

Schedule of intangible assets depreciable, estimated useful lives

OIO_DisclosureOfDetailedInformationAboutIntangibleAssetsDepreciableEstimatedUsefulLivesExplanatory

Amortization is calculated using the straight-line method to allocate depreciable amounts over the estimated useful lives of the assets. The estimated useful lives are as follows:

		Useful lives
Software and production processes		3 years

Ordinary shares unrestricted to issue up to

OIO_OrdinarySharesUnrestrictedToIssueUpTo

1,201,821

Application of amendments to IFRS

OIO_DescriptionOfAccountingPolicyApplicationOfAmendementsToIFRSExplanatory

2.21 Application of amendments to IFRS

In the preparation of the financial statements for the year ended December 31, 2025, the Group has applied the following amendments to IFRSs, for the first time, which are mandatorily effective for the annual periods beginning on or after January 1, 2025:

Effective for annual

reporting periods

beginning on or after

Amendments to IAS 21

Lack of exchangeability

January 1, 2025

The application of the amendments to IFRSs in the current year has had no material impact on the Group’s financial positions and performance for the current and prior years and/or on the disclosures set out in these financial statements.

[custom:NumberOfSharesRecycled-0]

OIO_NumberOfSharesRecycled

2,200,000

[custom:NumberOfAdjustmentShares-0]

OIO_NumberOfAdjustmentShares

2,147,359

[custom:WeightedAverageSharePrice]

OIO_WeightedAverageSharePrice

$ 0.45

[custom:WeightedAverageSharePrice]

OIO_WeightedAverageSharePrice

$ 2.00

[custom:SettlementAdjustmentAmount-0]

OIO_SettlementAdjustmentAmount

$ 4,400,000

Schedule of revenue classified by type of good or service

OIO_DisclosureOfDetailedInformationAboutRevenueExplanatory

Revenue classified by type of good or service is as follows:

	2025		2024
	US$		US$
Revenue from:
- Sales of circular products		1,515,665		1,198,610
- Waste disposal services		4,315,985		4,901,167
Revenue		5,831,650		6,099,777

Schedule of other income

OIO_DisclosureOfDetailedInformationAboutOtherOperatingIncomeExplanatory

Schedule of other income

	2025		2024
	US$		US$
Foreign exchange gain		210,159		251,897
Interest income		20		7
Gain from disposal of motor vehicle		73,730		-
Government grants		42,728		21,779
Write-back of deferred underwriting fees payable		-		153,125
Others		-		339
Other income		326,637		427,147

Schedule of other operating expenses

OIO_DisclosureOfDetailedInformationAboutOtherOperatingExpenseExplanatory

Schedule of other operating expenses

	2025		2024
	US$		US$

Foreign worker levy		165,089		173,632
Impairment loss on other receivables		-		49,851
Insurance		158,436		260,787
Professional fees		786,260		633,525
Property tax		112,554		109,326
Rental and storage		309,317		409,145
Utilities		252,894		164,581
Upkeep, repair and maintenance		174,250		131,776
Chemical and incineration fees		522,658		349,769
Bank service charges		12,379		10,846
Nasdaq listing fee		86,000		65,500
Nasdaq listing expenses		52,015		19,364
Others		61,141		22,329
Other operating expenses		2,692,993		2,400,431

Foreign worker levy

OIO_ForeignWorkerLevy

$ 165,089

Foreign worker levy

OIO_ForeignWorkerLevy

173,632

Professional fees

OIO_ProfessionalFee

786,260

Professional fees

OIO_ProfessionalFee

633,525

Chemical and incineration fees

OIO_ChemicalAndIncinerationFees

522,658

Chemical and incineration fees

OIO_ChemicalAndIncinerationFees

349,769

Nasdaq listing fee

OIO_ListingFee

86,000

Nasdaq listing fee

OIO_ListingFee

65,500

Nasdaq listing expenses

OIO_ListingExpenses

52,015

Nasdaq listing expenses

OIO_ListingExpenses

$ 19,364

Schedule of employee benefits expense

OIO_DisclosureOfDetailedInformationAboutEmployeeBenefitsExplanatory

Schedule of employee benefits expense

	2025			2024
	US$			US$

Salaries, wages and bonuses		3,080,129			2,379,674
Directors’ remuneration		1,024,994			382,598
Directors’ fees		128,000			128,000
Employer’s contribution to defined contribution plans including Central Provident Fund		154,566			153,047
Other short term benefit		60,672			60,001
Employee benefits expense, gross		4,448,361			3,103,320

Less : Amount capitalized as internal development of intangible assets		(1,122,174	)		(1,714,524	)
Employee benefits expense		3,326,187			1,388,796

Directors’ fees

OIO_DirectorsFees

$ 128,000

Directors’ fees

OIO_DirectorsFees

128,000

Employer’s contribution to defined contribution plans including Central Provident Fund

OIO_EmployersContributionToDefinedContributionPlansIncludingCentralProvidentFund

154,566

Employer’s contribution to defined contribution plans including Central Provident Fund

OIO_EmployersContributionToDefinedContributionPlansIncludingCentralProvidentFund

153,047

AmountCapitalizedAsInternalDevelopmentOfIntangibleAssets

OIO_AmountCapitalizedAsInternalDevelopmentOfIntangibleAssets

1,122,174

AmountCapitalizedAsInternalDevelopmentOfIntangibleAssets

OIO_AmountCapitalizedAsInternalDevelopmentOfIntangibleAssets

$ 1,714,524

Schedule of finance expense

OIO_DisclosureOfDetailedInformationAboutFinanceExpenseExplanatory

Schedule of finance expense

	2025		2024
	US$		US$
Interest expenses:
- Lease liabilities		61,362		53,725
- Borrowings		167,783		249,284
- Loans from directors		63,511		47,136
Finance expense		292,656		350,145

CurrentIncomeTax

OIO_CurrentIncomeTax

$ 37,788

CurrentIncomeTax

OIO_CurrentIncomeTax

$ (35,671)

Schedule of income tax rates to profit or loss before income tax expense

OIO_DisclosureOfComponentsOfIncomeTaxExpensesExplanatory

The tax on loss before income tax differs from the theoretical amount that would arise using the Singapore standard rate of income tax expense as follows:

	2025			2024
	US$			US$

Loss before income tax		(4,916,682	)		(760,586	)

Tax calculated at tax rate of 17% (2024: 17%)		(835,836	)		(129,300	)
Effects of:
- Expenses not deductible for tax purposes		465,367			198,675
- Income not subject to tax		(45,126	)		(186,647	)
- Temporary difference		259,807			(10,057	)
Income tax expense		(155,788	)		(127,329	)

OIO_LeaseholdLandAndBuildings

$ 15,964,489

OIO_LeaseholdLandAndBuildings

15,823,299

OIO_LeaseholdLandAndBuildings

2,697,921

Schedule of reconciliation of fair value measurements

OIO_LeaseholdLandAndBuildings

$ 3,171,013

OIO_DisclosureOfDetailedInformationAboutReconciliationOfFairValueMeasurementsExplanatory

Reconciliation of fair value measurements categorized within Level 3 of the fair value hierarchy:-

	Leasehold land
	and buildings
	US$

Carrying amount at December 31, 2024		15,823,299
Depreciation charge on revaluation of properties held for own use		(716,450	)
Net gain from a fair value adjustment recognized in the consolidated statement of profit or loss and other comprehensive income		960,116
Translation difference		(102,476	)
Carrying amount at December 31, 2025		15,964,489

Depreciation charge on revaluation of properties held for own use

OIO_DepreciationChargeOnRevaluationOfPropertiesHeldForOwnUse

$ (716,450)

Leasehold land and buildings per square foot

OIO_LeaseholdLandAndBuildingsPerSquareFoot

126

Leasehold land and buildings per square foot

OIO_LeaseholdLandAndBuildingsPerSquareFoot

$ 156

Schedule of trade and other receivables

OIO_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatory

Schedule of trade and other receivables

	2025		2024
	US$		US$
Trade receivables, net
- Non-related parties		853,668		683,939
Trade receivables		853,668		683,939
Non-trade receivables
- Advance payment to suppliers		138,532		119,745
- Deposits		112,367		108,550
- Prepayments		35,553		128,308
Non-trade receivables		286,452		356,603

Trade and other receivables		1,140,120		1,040,542

- Non-related parties

OIO_TradeAndOtherCurrentReceivablesDueFromNonRelatedParties

$ 853,668

- Non-related parties

OIO_TradeAndOtherCurrentReceivablesDueFromNonRelatedParties

683,939

- Deposits

OIO_CurrentDeposits

112,367

- Deposits

OIO_CurrentDeposits

108,550

NontradeReceivable

OIO_NontradeReceivable

286,452

NontradeReceivable

OIO_NontradeReceivable

$ 356,603

Schedule of components of trade receivables aging

OIO_DisclosureOfTradeReceivablesAgingExplanatory

	2025		2024
	US$		US$
Less than 30 days		15,415		96,741
30 to 90 days		82,452		20,412
More than 90 days		67,165		-
Trade and other receivables		165,032		117,153

Allowance for expected credit loss

OIO_AllowanceForExpectedCreditLoss

$ 48,972

Allowance for expected credit loss

OIO_AllowanceForExpectedCreditLoss

$ 47,691

Schedule of inventories

OIO_DisclosureOfDetailedInformationAboutInventoriesExplanatory

Schedule of inventories

	2025		2024
	US$		US$
Raw materials		12,685		17,368
Finished goods		287,573		422,826
Inventories		300,258		440,194

Schedule of ROU assets classified within property, plant and equipment

OIO_DisclosureOfDetailedInformationAboutRightOfUnitsPropertyPlantAndEquipmentExplanatory

ROU assets classified within property, plant and equipment

	2025		2024
	US$		US$
Carrying amounts
Leasehold land and buildings		1,906,772		2,040,813
Motor vehicles		164,866		89,683
Carrying amounts ROU assets		2,071,638		2,130,496

Schedule of depreciation charge

OIO_DisclosureOfDetailedInformationAboutDepreciationChargeExplanatory

(b) Depreciation charge during the financial year

Schedule of depreciation charge

	2025		2024
	US$		US$

Leasehold land and buildings		237,642		231,952
Plant and equipment		-		270
Motor vehicles		30,629		40,958
Depreciation charge		268,271		273,180

Schedule of short-term leases

OIO_DisclosureOfDetailedInformationAboutShortTermLeasesExplanatory

Schedule of short-term leases

	2025		2024
	US$		US$

Expense relating to short-term leases		309,317		142,441
Repayment of lease principal and interest		278,893		249,510
Total cash outflow for leases		588,210		391,951

ExpenseRelatingToShorttermLeases

OIO_ExpenseRelatingToShorttermLeases

$ (309,317)

ExpenseRelatingToShorttermLeases

OIO_ExpenseRelatingToShorttermLeases

(142,441)

Repayment of lease principal and interest

OIO_RepaymentOfLeasePrincipalAndInterest

278,893

Repayment of lease principal and interest

OIO_RepaymentOfLeasePrincipalAndInterest

$ 249,510

Schedule of lease liabilities

OIO_DisclosureOfDetailedInformationAboutLeaseLiabilitiesExplanatory

(e) Lease liabilities

Schedule of lease liabilities

	2025		2024
	US$		US$
Current		301,143		221,254
Non-current		1,831,126		1,926,702
Lease liabilities		2,132,269		2,147,956

Schedule of trade and other payables

OIO_DisclosureOfDetailedInformationAboutTradeAndOtherPayablesExplanatory

Schedule of trade and other payables

	2025		December 31, 2024
	US$		US$
Trade payables
- Non-related parties		540,304		305,670
Trade payables		540,304		305,670

Other payables
- Amount due to shareholders		1,074,331		133,532
- Contract liabilities		785,991		1,009,110
- Amount due to directors		1,333,017		896,955
- Accruals and other payables		2,687,433		2,045,333
- Goods and services tax payable		63,187		43,177
- Withholding tax		17,133		16,173
Other payables		5,961,092		4,144,280

Trade and other payables		6,501,396		4,449,950

NonRelatedParties

OIO_NonRelatedParties

$ 540,304

NonRelatedParties

OIO_NonRelatedParties

305,670

TradePayablesCurrent

OIO_TradePayablesCurrent

540,304

TradePayablesCurrent

OIO_TradePayablesCurrent

305,670

- Contract liabilities

OIO_ContractLiabilitiesOtherPayables

785,991

- Contract liabilities

OIO_ContractLiabilitiesOtherPayables

1,009,110

- Accruals and other payables

OIO_AccrualsForOperatingExpenses

2,687,433

- Accruals and other payables

OIO_AccrualsForOperatingExpenses

2,045,333

- Goods and services tax payable

OIO_GoodsAndServicesTaxPayable

63,187

- Goods and services tax payable

OIO_GoodsAndServicesTaxPayable

43,177

- Withholding tax

OIO_WithholdingTax

17,133

- Withholding tax

OIO_WithholdingTax

$ 16,173

Schedule of respect of the interest-bearing borrowings trade and other payables

OIO_DisclosureOfDetailedInformationAboutScheduleInRespectOfTheInterestBearingBorrowingsTradeAndOtherPayablesExplanatory

Details of the repayment schedule in respect of the interest-bearing borrowings are as follows :

	2025		2024
	US$		US$
Bank borrowings:
Within one year or on demand		3,499,706		2,928,509

Within a period of more than one year but not exceeding two years		-		1,390,673

Total bank borrowings repayable		3,499,706		4,319,182

OIO_MonthlyInstalments

132 months

OIO_MonthlyInstalments

5 years

OIO_MonthlyInstalments

5 years

OIO_MonthlyInstalments

5 years

Bank of cost interest rate

OIO_MonthlyInstalments

3 years

Business financing rate

OIO_CommercialRateInterestRate

5.68%

Business financing rate

OIO_CommercialRateInterestRate

5.68%

Loans repayable

OIO_LoansRepaymentsTerm

1 month

Loans repayable

OIO_LoansRepaymentsTerm

6 months

OIO_BankCostOfFunds

2.00%

Trade receivable payments

OIO_TradeReceivablesImmediatePayment

90.00%

Trade settlements

OIO_TradeSettlementOfReceivables

10.00%

Schedule of deferred tax assets and liabilities

OIO_DisclosureOfDetailedInformationAboutDeferredTaxAssetsAndLiabilitiesExplanatory

Deferred tax assets and liabilities are offset when there is legally enforceable right to offset current income tax assets against current income tax liabilities and when the deferred taxes relate to the same taxation authority.

	2025		2024
	US$		US$


Net deferred tax liabilities from temporary differences in depreciation of plant and machinery		15,000		133,000

Schedule of deferred tax liabilities

OIO_DisclosureOfDetailedInformationAboutDeferredTaxLiabilitiesExplanatory

The movement in deferred tax liabilities (prior to offsetting of balances) during the financial year is as follows:

Schedule of deferred tax liabilities

	2025			2024
	US$			US$

Balance as at beginning of financial year		133,000			296,000
Movements in deferred tax liabilities		(118,000	)		(163,000	)
Balance as at end of financial year		15,000			133,000

Schedule of share capital

OIO_DisclosureOfDetailedInformationAboutShareCapitalExplanatory

Schedule of share capital

	2025		2024

No. of ordinary shares		14,130,413		13,413,140

Number of shares issued as private placements

OIO_NumberOfSharesIssuedAsPrivatePlacements

950,000

Number of shares issued as private placements

OIO_NumberOfSharesIssuedAsPrivatePlacements

27,241,380

Number of shares issued as employee equity incentive plan

OIO_NumberOfSharesIssuedAsEmployeeEquityIncentivePlan

1,201,821

Number of shares issued as settlement of reverse stock split

OIO_NumberOfSharesIssuedAsSettlementOfReverseStockSplit

105,000

NumberOfSharesIssuedAsPrivatePlacementsAndReserveStockSplits

OIO_NumberOfSharesIssuedAsPrivatePlacementsAndReserveStockSplits

9,080,460

Schedule of capital expenditures

OIO_DisclosureOfDetailedInformationAboutCapitalExpendituresExplanatory

Capital expenditures contracted for at the end of the reporting period but not recognized in the financial statements are as follows:

Schedule of capital expenditures

	2025		2024
	US$		US$

Property, plant and equipment		61,709		1,312,753

OIO_EffectiveEquityPercentage

100.00%

OIO_EffectiveEquityPercentage

100.00%

OIO_EffectiveEquityPercentage

100.00%

OIO_EffectiveEquityPercentage

100.00%

OIO_EffectiveEquityPercentage

100.00%

OIO_EffectiveEquityPercentage

100.00%

OIO_EffectiveEquityPercentage

100.00%

Schedule of currency exposure

OIO_EffectiveEquityPercentage

100.00%

OIO_DisclosureOfDetailedInformationAboutCurrencyExposureExplanatory

The Group’s currency exposure based on the information provided to key management is as follows:

Schedule of currency exposure

	SGD			USD			CNY			MYR			Total
	US$			US$			US$			US$			US$
December 31, 2025
Financial assets
Cash and cash equivalents		175,174			358,435			-			-			533,609
Trade and other receivables		993,145			142,690			-			4,285			1,140,120
Financial assets		1,168,319			501,125			-			4,285			1,673,729

Financial liabilities
Trade and other payables		4,287,542			1,323,674			884,953			5,227			6,501,396
Borrowings		3,499,706			-			-			-			3,499,706
Lease liabilities		2,012,832			-			-			119,437			2,132,269
Financial liabilities		9,800,080			1,323,674			884,953			124,664			12,133,371
Net financial liabilities		(8,631,761	)		(822,549	)		(884,953	)		(120,379	)		(10,459,642	)

Currency exposure of financial liabilities, net of those denominated in the Company’s functional currency		(8,631,761	)		(822,549	)		(884,953	)		(120,379	)		(10,459,642	)

OIO Group

Notes to the Consolidated Financial Statements for the Financial Years ended December 31, 2025 and 2024

23. Financial risk management (continued)

(a)

Market risk (continued)

(i)

Currency risk (continued)

	SGD			USD			MYR			Total
	US$			US$			US$			US$
December 31, 2024
Financial assets
Cash and cash equivalents		270,772			362,977			1,133			634,882
Trade and other receivables		1,021,680			18,862			-			1,040,542
Financial assets		1,292,452			381,839			1,133			1,675,424

Financial liabilities
Trade and other payables		3,754,629			683,017			12,304			4,449,950
Borrowings		4,319,182			-			-			4,319,182
Lease liabilities		2,147,956			-			-			2,147,956
Financial liabilities		10,221,797			683,017			12,304			10,917,088
Net financial liabilities		(8,929,315	)		(301,178	)		(11,171	)		(9,241,664	)

Currency exposure of financial liabilities, net of those denominated in the Company’s functional currency		(8,929,315	)		(301,178	)		(11,171	)		(9,241,664	)

OIO_NetFinancialLiabilities

$ (10,459,642)

Currency exposure of financial liabilities, net of those denominated in the Company’s functional currency

OIO_NetFinancialLiabilities

(9,241,664)

OIO_CurrencyExposureOfFinancialLiabilitiesNetOfThoseDenominatedInCompanysFunctionalCurrency

(10,459,642)

Currency exposure of financial liabilities, net of those denominated in the Company’s functional currency

OIO_CurrencyExposureOfFinancialLiabilitiesNetOfThoseDenominatedInCompanysFunctionalCurrency

$ (9,241,664)

Schedule of tax rate effect

OIO_DisclosureOfDetailedInformationAboutTaxRateEffectExplanatory

Schedule of tax rate effect

	2025			2024
	Increase/(decrease)
	in profit or loss before tax
	2025			2024
	US$			US$
SGD against USD
- strengthened		(863,176	)		(892,932	)
- weakened		863,176			892,932

MYR against USD
- strengthened		(12,038	)		(1,117	)
- weakened		12,038			1,117

CNY against USD
- strengthened		(88,495	)		-
- weakened		88,495			-
Total Currency risk		88,495			-

Borrowings interest rate

OIO_BorrowingsInterestRatePercentage

0.50%

Borrowings interest rate

OIO_BorrowingsInterestRatePercentage

0.50%

Loss after tax

OIO_IncreaseDecreaseInProfitLossAfterTax

$ 15,474

Loss after tax

OIO_IncreaseDecreaseInProfitLossAfterTax

$ 16,504

Trade receivables percentage

OIO_TradeReceivablesPercentage

60.40%

Trade receivables percentage

OIO_TradeReceivablesPercentage

76.30%

Schedule of group’s exposure to credit risk and ECLs for trade receivables

OIO_DisclosureOfDetailedInformationAboutGroupsExposureToCreditRiskAndECLsForTradeReceivablesExplanatory

The following table provides information about the Group’s exposure to credit risk and ECLs for trade receivables:

2025

				Gross
	Expected			carrying		Loss
	loss			amount		allowance
	rate			US$		US$

Current (not past due)		0	%		688,636		-
Less than 3 months past due		0	%		97,867		-
3 months to 6 months past due		0	%		67,165		-
More than 6 months past due		100	%		48,972		48,972
					902,640		48,972

OIO Group

Notes to the Consolidated Financial Statements for the Financial Years ended December 31, 2025 and 2024

23. Financial risk management (continued)

(b)

Credit risk (continued)

(ii)

Impairment of trade receivables (continued)

2024

	Expected			Gross
	loss			carrying		Loss
	rate			amount		allowance
				US$		US$

Current (not past due)		0	%		566,787		-
Less than 3 months past due		3	%		120,572		3,420
More than 6 months past due		100	%		44,271		44,271
					731,630		47,691

OIO_CreditLossGrossCarryingAmount

$ 688,636

OIO_CreditLossGrossCarryingAmount

97,867

OIO_CreditLossGrossCarryingAmount

67,165

OIO_CreditLossGrossCarryingAmount

48,972

OIO_CreditLossGrossCarryingAmount

902,640

OIO_CreditLossGrossCarryingAmount

566,787

OIO_CreditLossGrossCarryingAmount

120,572

OIO_CreditLossGrossCarryingAmount

44,271

Schedule of movements in loss allowance for trade receivables

OIO_CreditLossGrossCarryingAmount

$ 731,630

OIO_DisclosureOfDetailedInformationAboutMovementsInLossAllowanceForTradeReceivablesExplanatory

The movements in loss allowance for trade receivables during the years are as follows:

	2025		2024
	US$		US$
At January 1		47,691		46,768
Balance		47,691		46,768
Foreign exchange adjustment		1,281		923
At December 31		48,972		47,691
Balance		48,972		47,691

AllowanceAccountForCreditLossOfFinancialAssets

OIO_AllowanceAccountForCreditLossOfFinancialAssets

$ 47,691

AllowanceAccountForCreditLossOfFinancialAssets

OIO_AllowanceAccountForCreditLossOfFinancialAssets

46,768

AllowanceAccountForCreditLossOfFinancialAssets

OIO_AllowanceAccountForCreditLossOfFinancialAssets

48,972

Net tangible assets

OIO_NetTangibleAssets

$ 2,200,000

Trading days disclosure

OIO_TradingDaysDisclosure

the last sales price of OIO ordinary shares equals or exceeds US$18 per share for any 20 trading days within a 30 trading day period ending three business days before OIO sends the notice of redemption

Reverse share split

OIO_ReverseShareSplit

558,333

Deemed price per share

OIO_DeemedPricePerShare

$ 1.03

SINGAPORE

OIO_IncreaseDecreaseInProfitLossBeforeTax

$ (863,176)

OIO_IncreaseDecreaseInProfitLossBeforeTax

(892,932)

OIO_IncreaseDecreaseInProfitLossBeforeTax

863,176

OIO_IncreaseDecreaseInProfitLossBeforeTax

892,932

OIO_NetFinancialLiabilities

(8,631,761)

Currency exposure of financial liabilities, net of those denominated in the Company’s functional currency

OIO_NetFinancialLiabilities

(8,929,315)

OIO_CurrencyExposureOfFinancialLiabilitiesNetOfThoseDenominatedInCompanysFunctionalCurrency

(8,631,761)

Currency exposure of financial liabilities, net of those denominated in the Company’s functional currency

OIO_CurrencyExposureOfFinancialLiabilitiesNetOfThoseDenominatedInCompanysFunctionalCurrency

(8,929,315)

CHINA

OIO_IncreaseDecreaseInProfitLossBeforeTax

OIO_IncreaseDecreaseInProfitLossBeforeTax

OIO_IncreaseDecreaseInProfitLossBeforeTax

(88,495)

OIO_IncreaseDecreaseInProfitLossBeforeTax

88,495

Currency exposure of financial liabilities, net of those denominated in the Company’s functional currency

OIO_NetFinancialLiabilities

(884,953)

OIO_CurrencyExposureOfFinancialLiabilitiesNetOfThoseDenominatedInCompanysFunctionalCurrency

(884,953)

MALAYSIA

OIO_IncreaseDecreaseInProfitLossBeforeTax

(12,038)

OIO_IncreaseDecreaseInProfitLossBeforeTax

(1,117)

OIO_IncreaseDecreaseInProfitLossBeforeTax

12,038

OIO_IncreaseDecreaseInProfitLossBeforeTax

1,117

OIO_NetFinancialLiabilities

(120,379)

Currency exposure of financial liabilities, net of those denominated in the Company’s functional currency

OIO_NetFinancialLiabilities

(11,171)

OIO_CurrencyExposureOfFinancialLiabilitiesNetOfThoseDenominatedInCompanysFunctionalCurrency

(120,379)

Currency exposure of financial liabilities, net of those denominated in the Company’s functional currency

OIO_CurrencyExposureOfFinancialLiabilitiesNetOfThoseDenominatedInCompanysFunctionalCurrency

(11,171)

UNITED STATES

OIO_NetFinancialLiabilities

(822,549)