Venture Corporation Income Statement

Financials in millions SGD. Fiscal year is January - December.

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,535	2,736	3,025	3,864	3,107
Revenue Growth (YoY)	-7.36%	-9.56%	-21.71%	24.34%	3.14%
Cost of Revenue	1,833	2,025	2,255	2,924	2,298
Gross Profit	701.67	711.15	770.01	940.08	809.56
Selling, General & Admin	315.82	316.19	326.58	365.26	328.92
Research & Development	19.02	20.74	29.7	16.7	19.33
Other Operating Expenses	90.1	83.02	86.22	90.93	78.02
Operating Expenses	458.82	452.73	473.98	505.74	463.15
Operating Income	242.85	258.42	296.04	434.34	346.42
Interest Expense	-0.98	-1.14	-0.72	-0.52	-0.42
Interest & Investment Income	39.09	42.55	28.16	9.23	6.77
Earnings From Equity Investments	0.24	0.25	0.24	0.32	0.2
Currency Exchange Gain (Loss)	0.46	2.68	2.3	3.45	4.22
Other Non Operating Income (Expenses)	2.76	3.82	4.75	2.07	2.41
EBT Excluding Unusual Items	284.41	306.59	330.76	448.9	359.59
Pretax Income	284.41	306.59	330.76	448.9	359.59
Income Tax Expense	56.78	60.84	60.03	78.78	47.27
Earnings From Continuing Operations	227.64	245.75	270.73	370.11	312.32
Minority Interest in Earnings	-0.68	-0.72	-0.71	-0.5	-0.27
Net Income	226.96	245.03	270.02	369.62	312.05
Net Income to Common	226.96	245.03	270.02	369.62	312.05
Net Income Growth	-7.38%	-9.25%	-26.95%	18.45%	4.95%
Shares Outstanding (Basic)	288	290	291	291	290
Shares Outstanding (Diluted)	288	290	291	292	292
Shares Change (YoY)	-0.69%	-0.37%	-0.02%	-0.02%	0.27%
EPS (Basic)	0.79	0.85	0.93	1.27	1.07
EPS (Diluted)	0.79	0.84	0.93	1.27	1.07
EPS Growth	-6.75%	-8.86%	-26.97%	18.50%	4.70%
Free Cash Flow	226.29	465.96	473.89	236.36	91.04
Free Cash Flow Per Share	0.79	1.60	1.63	0.81	0.31
Dividend Per Share	0.750	0.750	0.750	0.750	0.750
Gross Margin	27.68%	25.99%	25.45%	24.33%	26.05%
Operating Margin	9.58%	9.45%	9.79%	11.24%	11.15%
Profit Margin	8.96%	8.96%	8.93%	9.57%	10.04%
Free Cash Flow Margin	8.93%	17.03%	15.67%	6.12%	2.93%
EBITDA	264.23	278.8	315.82	455.68	372.28
EBITDA Margin	10.42%	10.19%	10.44%	11.79%	11.98%
D&A For EBITDA	21.38	20.38	19.79	21.34	25.86
EBIT	242.85	258.42	296.04	434.34	346.42
EBIT Margin	9.58%	9.45%	9.79%	11.24%	11.15%
Effective Tax Rate	19.96%	19.84%	18.15%	17.55%	13.14%

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