Tuas Limited (ASX:TUA)

Tuas Limited Income Statement

Financials in millions SGD. Fiscal year is August - July.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Revenue	151.29	117.07	86.1	57.43	30.9
Revenue Growth (YoY)	29.24%	35.97%	49.91%	85.87%	506.38%
Cost of Revenue	61.72	48.2	39	31.41	20.94
Gross Profit	89.57	68.86	47.09	26.02	9.96
Selling, General & Admin	9.81	9.04	7.47	5.32	3.56
Other Operating Expenses	11.33	10.09	8.51	5.2	3.16
Operating Expenses	78.84	72.36	60.98	52.57	35.98
Operating Income	10.73	-3.5	-13.89	-26.55	-26.02
Interest Expense	-0.22	-0.1	-0.21	-1.69	-1.16
Interest & Investment Income	1.47	1.58	0.81	0.05	0.24
Currency Exchange Gain (Loss)	-0.28	-0.14	-0.5	-0.02	2.42
Pretax Income	11.7	-2.17	-13.78	-28.21	-24.52
Income Tax Expense	4.8	2.2	1.52	-1.47	-3.64
Net Income	6.9	-4.37	-15.3	-26.73	-20.87
Net Income to Common	6.9	-4.37	-15.3	-26.73	-20.87
Shares Outstanding (Basic)	467	466	465	464	366
Shares Outstanding (Diluted)	471	466	465	464	366
Shares Change (YoY)	1.08%	0.22%	0.17%	26.68%	-
EPS (Basic)	0.01	-0.01	-0.03	-0.06	-0.06
EPS (Diluted)	0.01	-0.01	-0.03	-0.06	-0.06
Free Cash Flow	27.08	14.18	-3.42	-12.5	-25.41
Free Cash Flow Per Share	0.06	0.03	-0.01	-0.03	-0.07
Gross Margin	59.20%	58.83%	54.70%	45.31%	32.22%
Operating Margin	7.09%	-2.99%	-16.13%	-46.23%	-84.21%
Profit Margin	4.56%	-3.74%	-17.77%	-46.55%	-67.55%
Free Cash Flow Margin	17.90%	12.12%	-3.98%	-21.77%	-82.23%
EBITDA	67.77	49.08	30.45	14.88	2.25
EBITDA Margin	44.79%	41.93%	35.37%	25.91%	7.30%
D&A For EBITDA	57.03	52.58	44.34	41.43	28.28
EBIT	10.73	-3.5	-13.89	-26.55	-26.02
EBIT Margin	7.09%	-2.99%	-16.13%	-46.23%	-84.21%
Effective Tax Rate	41.04%	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.