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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of December, 2025
Commission File Number: 001-42814
THE GROWHUB LIMITED
(Exact Name as Specified in its Charter)
60 Paya Lebar Road
#12-37 Paya Lebar Square
Singapore 409051
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (7): ☐
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐ No ☒
If “Yes” is marked, indicated below the file number assigned to the registrant in connection with Rule 12g3-2(b): Not applicable.
Information Contained in this Form 6-K Report
This Form 6-K is being filed to include the unaudited interim condensed consolidated financial statements of The GrowHub Limited (the “Company”) for the six month period ended June 30, 2025.
The following exhibits are attached:
| EXHIBIT NO. | DESCRIPTION | |
| 99.1 | Unaudited Interim Condensed Financial Statements for the six month period ended June 30, 2025 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Dated: December 23, 2025
| THE GROWHUB LIMITED | ||
| By: | /s/ Chan Choon Yew Lester | |
| Name: | Chan Choon Yew Lester | |
| Title: | Chief Executive Officer | |
Exhibit 99.1
THE GROWHUB LIMITED
INDEX TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| F- |
THE GROWHUB LIMITED
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
| As of December 31, 2024 | As of June 30, 2025 | As of June 30, 2025 | ||||||||||
| S$ | S$ | US$ | ||||||||||
| (Audited) | (Unaudited) | (Unaudited) | ||||||||||
| ASSETS | ||||||||||||
| Current assets | ||||||||||||
| Cash and cash equivalents | 546,288 | 275,139 | 216,314 | |||||||||
| Accounts receivable, net | 139,340 | 3,594 | 2,826 | |||||||||
| Inventories, net | 50,480 | 45,346 | 35,651 | |||||||||
| Deferred offering costs | 927,273 | 1,267,928 | 996,845 | |||||||||
| Other current assets | 322,699 | 60,599 | 47,643 | |||||||||
| Total current assets | 1,986,080 | 1,652,606 | 1,299,279 | |||||||||
| Non-current assets | ||||||||||||
| Intangible assets, net | 2,082,839 | 2,069,885 | 1,627,344 | |||||||||
| Property and equipment, net | 20,835 | 102,539 | 80,616 | |||||||||
| Right-of-use assets, net | 201,603 | 270,848 | 212,941 | |||||||||
| Total non-current assets | 2,305,277 | 2,443,272 | 1,920,901 | |||||||||
| TOTAL ASSETS | 4,291,357 | 4,095,878 | 3,220,180 | |||||||||
| LIABILITIES | ||||||||||||
| Current liabilities | ||||||||||||
| Accounts payable | 19,782 | 5,241 | 4,120 | |||||||||
| Accruals and other current liabilities | 254,912 | 354,782 | 278,930 | |||||||||
| Income tax payables | 608 | - | - | |||||||||
| Working capital loan from a related party | 5,475,536 | 7,187,759 | 5,651,016 | |||||||||
| Operating lease liabilities, current | 57,965 | 133,794 | 105,189 | |||||||||
| Total current liabilities | 5,808,803 | 7,681,576 | 6,039,255 | |||||||||
| Non-current liabilities | ||||||||||||
| Operating lease liabilities, non-current | 152,742 | 149,191 | 117,294 | |||||||||
| Total non-current liabilities | 152,742 | 149,191 | 117,294 | |||||||||
| TOTAL LIABILITIES | 5,961,545 | 7,830,767 | 6,156,549 | |||||||||
| COMMITMENTS AND CONTINGENCIES | - | - | - | |||||||||
| SHAREHOLDERS’ DEFICIT | ||||||||||||
| **Ordinary shares, US$0.0005 par value, 100,000,000 shares authorized, 21,549,810 shares issued as of December 31, 2024 and June 30, 2025 | - | |||||||||||
| **Class A Ordinary shares, US$0.0005 par value, 75,000,000 shares authorized, 11,116,470 shares issued as of December 31, 2024 and June 30, 2025 respectively. | 7,333 | 7,333 | 5,558 | * | ||||||||
| **Class B Ordinary shares, US$0.0005 par value, 25,000,000 shares authorized, 10,433,340 shares issued as of December 31, 2024 and June 30, 2025 respectively. | 6,883 | 6,883 | 5,217 | * | ||||||||
| Additional paid in capital | 5,021,933 | 4,794,359 | 3,769,727 | |||||||||
| Accumulated losses | (6,745,614 | ) | (8,590,216 | ) | (6,753,627 | ) | ||||||
| Accumulated other comprehensive income | 39,277 | 46,752 | 36,756 | |||||||||
| Total shareholders’ deficit | (1,670,188 | ) | (3,734,889 | ) | (2,936,369 | ) | ||||||
| TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT | 4,291,357 | 4,095,878 | 3,220,180 | |||||||||
| ** | Retroactively presented for the reorganization exercise described in Note 1. |
The accompanying notes are an integral part of these unaudited consolidated financial statements.
| F- |
THE GROWHUB LIMITED
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
| For the six months ended June 30, | ||||||||||||
| 2024 | 2025 | 2025 | ||||||||||
| S$ | S$ | US$ | ||||||||||
| (Unaudited) | (Unaudited) | (Unaudited) | ||||||||||
| Revenue | 180,491 | 63,337 | 49,796 | |||||||||
| Purchases and other direct costs | (44,458 | ) | (56,996 | ) | (44,810 | ) | ||||||
| Inventory write-off | (866 | ) | - | - | ||||||||
| Employee benefits expenses | (281,735 | ) | (779,586 | ) | (612,911 | ) | ||||||
| Depreciation and amortization expenses | (13,235 | ) | (25,373 | ) | (19,948 | ) | ||||||
| Operating lease expenses | (33,095 | ) | (64,657 | ) | (50,833 | ) | ||||||
| Other expenses | (643,301 | ) | (857,852 | ) | (674,442 | ) | ||||||
| Loss from operations | (836,199 | ) | (1,721,127 | ) | (1,353,148 | ) | ||||||
| Non-operating income (expense): | ||||||||||||
| Other income | 112,160 | (17,252 | ) | (13,564 | ) | |||||||
| Interest expense | (51,689 | ) | (106,223 | ) | (83,513 | ) | ||||||
| Total non-operating income (expense), net | 60,471 | (123,475 | ) | (97,077 | ) | |||||||
| Loss before tax expense | (775,728 | ) | (1,844,602 | ) | (1,450,225 | ) | ||||||
| Income tax expense | (8,296 | ) | - | - | ||||||||
| Net loss | (784,024 | ) | (1,844,602 | ) | (1,450,225 | ) | ||||||
| Other comprehensive loss: | ||||||||||||
| Foreign currency translation, net of income tax | 15,066 | 7,475 | 5,877 | |||||||||
| Total comprehensive loss | (768,958 | ) | (1,837,127 | ) | (1,444,348 | ) | ||||||
| Net loss attributable to THE GROWHUB LIMITED | (778,416 | ) | (1,844,602 | ) | (1,450,225 | ) | ||||||
| Net loss attributable to non-controlling interests | (5,608 | ) | - | - | ||||||||
| Net loss | (784,024 | ) | (1,844,602 | ) | (1,450,225 | ) | ||||||
| Net comprehensive loss attributable to THE GROWHUB LIMITED | (760,629 | ) | (1,837,127 | ) | (1,444,348 | ) | ||||||
| Net comprehensive loss attributable to non-controlling interests | (8,329 | ) | - | - | ||||||||
| Net comprehensive loss | (768,958 | ) | (1,837,127 | ) | (1,444,348 | ) | ||||||
| Net loss per share attributable to ordinary shareholders | ||||||||||||
| Basic and diluted | (0.04 | ) | (0.09 | ) | (0.07 | ) | ||||||
| Weighted average number of ordinary shares used in computing net income per share | ||||||||||||
| Basic and diluted | 21,549,810 | * | 21,549,810 | * | 21,549,810 | * | ||||||
| * | Retroactively presented for the reorganization exercise described in Note 1. |
The accompanying notes are an integral part of these unaudited consolidated financial statements.
| F- |
THE GROWHUB LIMITED
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT
| Ordinary shares, Class A | Ordinary shares, Class B | Additional | Accumulated other | Non- | ||||||||||||||||||||||||||||||||
|
**Shares Outstanding |
Par value | **Shares
Outstanding |
Par value |
paid-in capital |
Accumulated losses |
comprehensive income |
controlling interest |
Total | ||||||||||||||||||||||||||||
| S$ | S$ | S$ | S$ | S$ | S$ | S$ | ||||||||||||||||||||||||||||||
| For the six months ended June 30, 2024 | ||||||||||||||||||||||||||||||||||||
| Balance as of January 1, 2024 | 11,116,470 | -* | * | 10,433,340 | -* | * | 1,701,073 | (4,325,718 | ) | 12,567 | (47,751 | ) | (2,659,829 | ) | ||||||||||||||||||||||
| Issuance of shares | - | - | - | - | 2,690,075 | - | - | - | 2,690,075 | |||||||||||||||||||||||||||
| Net loss | - | - | - | - | - | (778,416 | ) | - | (5,608 | ) | (784,024 | ) | ||||||||||||||||||||||||
| Foreign currency translation | - | - | - | - | - | - | 15,066 | - | 15,066 | |||||||||||||||||||||||||||
| Acquisition of non-controlling interest | - | - | - | - | - | (61,688 | ) | 4,624 | 53,359 | (3,705 | ) | |||||||||||||||||||||||||
| Balance as of June 30, 2024 | 11,116,470 | -* | * | 10,433,340 | -* | * | 4,391,148 | (5,165,822 | ) | 32,257 | - | (742,417 | ) | |||||||||||||||||||||||
| For the six months ended June 30, 2025 | ||||||||||||||||||||||||||||||||||||
| Balance as of January 1, 2025 | 11,116,470 | 7,333 | 10,433,340 | 6,883 | 5,021,933 | (6,745,614 | ) | 39,277 | - | (1,670,188 | ) | |||||||||||||||||||||||||
| Acquisition of subsidiary | - | - | - | - | (227,574 | ) | - | - | - | (227,574 | ) | |||||||||||||||||||||||||
| Net loss | - | - | - | - | - | (1,844,602 | ) | - | - | (1,844,602 | ) | |||||||||||||||||||||||||
| Foreign currency translation | - | - | - | - | - | - | 7,475 | - | 7,475 | |||||||||||||||||||||||||||
| Balance as of June 30, 2025 | 11,116,470 | 7,333 | 10,433,340 | 6,883 | 4,794,359 | (8,590,216 | ) | 46,752 | - | (3,734,889 | ) | |||||||||||||||||||||||||
| US$ | US$ | US$ | US$ | US$ | US$ | US$ | ||||||||||||||||||||||||||||||
| Balance as of June 30, 2025 | 5,558 | 5,217 | 3,769,727 | (6,753,627 | ) | 36,756 | - | (2,936,369 | ) | |||||||||||||||||||||||||||
| * | Amount less than S$1. |
| ** | Retroactively presented for the reorganization exercise described in Note 1. |
The accompanying notes are an integral part of these unaudited consolidated financial statements.
| F- |
THE GROWHUB LIMITED
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| For the six months ended June 30, | ||||||||||||
| 2024 | 2025 | 2025 | ||||||||||
| S$ | S$ | US$ | ||||||||||
| (Unaudited) | (Unaudited) | (Unaudited) | ||||||||||
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||
| Net loss | (784,024 | ) | (1,844,602 | ) | (1,450,225 | ) | ||||||
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | 13,235 | 25,373 | 19,948 | |||||||||
| Provision for stock obsolescence | 13,329 | - | - | |||||||||
| Working capital loan interest | 51,689 | 106,223 | 83,513 | |||||||||
| Operating lease expenses | 33,095 | 64,657 | 50,833 | |||||||||
| Debt forgiveness of account payable | (98,507 | ) | - | - | ||||||||
| Change in operating assets and liabilities: | ||||||||||||
| Account receivables | (113,067 | ) | 135,707 | 106,693 | ||||||||
| Amount due from a related party | 34,260 | - | - | |||||||||
| Inventories | (65,391 | ) | 5,102 | 4,011 | ||||||||
| Other current assets | (144,588 | ) | 259,294 | 203,857 | ||||||||
| Account payables | (70,598 | ) | (14,358 | ) | (11,288 | ) | ||||||
| Accruals and other payables | (229,100 | ) | 120,574 | 94,795 | ||||||||
| Income taxes payable | 3,847 | (617 | ) | (485 | ) | |||||||
| Operating lease liabilities | (31,374 | ) | (61,389 | ) | (48,264 | ) | ||||||
| Net cash used in operating activities | (1,387,194 | ) | (1,204,036 | ) | (946,612 | ) | ||||||
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||
| Purchase of plant and equipment | - | (100,301 | ) | (78,857 | ) | |||||||
| Acquisition of subsidiary | - | (227,574 | ) | (178,919 | ) | |||||||
| Net cash used in investing activities | - | (327,875 | ) | (257,776 | ) | |||||||
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||
| Repayments of working capital loan | (636,611 | ) | (1,639,153 | ) | (1,288,702 | ) | ||||||
| Proceed from working capital loan | - | 3,245,153 | 2,551,339 | |||||||||
| Proceed from issuance of share | 2,690,075 | - | - | |||||||||
| Deferred offering costs | (616,402 | ) | (340,655 | ) | (267,823 | ) | ||||||
| Net cash from financing activities | 1,437,062 | 1,265,345 | 994,814 | |||||||||
| Effect of exchange rate change on cash and cash equivalents | (4,577 | ) | (4,583 | ) | (3,603 | ) | ||||||
| Net change in cash and cash equivalents | 45,291 | (271,149 | ) | (213,177 | ) | |||||||
| Cash and cash equivalents - beginning of period | 15,013 | 546,288 | 429,491 | |||||||||
| Cash and cash equivalents - end of period | 60,304 | 275,139 | 216,314 | |||||||||
| SUPPLEMENTAL CASH FLOW INFORMATION: | ||||||||||||
| Cash paid for income taxes | - | 617 | 485 | |||||||||
The accompanying notes form an integral part of these unaudited consolidated financial statements.
| F- |