Olam Group Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	61,237	56,158	48,272	54,901	47,002	35,820
Other Revenue	96.92	104.59	119.06	90.48	63.41	61.17
Revenue	61,333	56,263	48,391	54,991	47,065	35,881
Revenue Growth (YoY)	80.94%	16.27%	-12.00%	16.84%	31.17%	8.58%
Cost of Revenue	56,272	51,288	44,008	50,520	43,066	32,633
Gross Profit	5,061	4,975	4,383	4,472	3,999	3,248
Selling, General & Admin	114.58	114.58	108.76	114.93	95.05	94.74
Other Operating Expenses	2,350	2,316	2,124	1,994	1,927	1,481
Operating Expenses	3,242	3,208	2,977	2,868	2,677	2,163
Operating Income	1,819	1,767	1,406	1,603	1,322	1,085
Interest Expense	-1,808	-1,758	-1,291	-849.61	-530.4	-518.48
Interest & Investment Income	177.88	181.74	157.97	103.94	92.33	102.77
Earnings From Equity Investments	-7.75	-19.65	1.97	27.36	19.78	113.93
Currency Exchange Gain (Loss)	189.94	-62.74	120.6	-134.73	-117.22	34.38
EBT Excluding Unusual Items	371.3	109.11	395.52	750.43	786.71	817.75
Merger & Restructuring Charges	-32.62	-32.62	-2.26	-5.85	-81.92	-105
Gain (Loss) on Sale of Investments	0.74	0.74	6.38	2.8	5.71	74.16
Gain (Loss) on Sale of Assets	-52.59	-29.94	6.4	0.96	3.98	-3.51
Asset Writedown	210.73	176.05	66.3	90.9	22.26	-561.23
Other Unusual Items	-13.84	-21.87	-61.47	-112.06	-	-
Pretax Income	483.71	201.47	410.88	727.19	736.74	222.18
Income Tax Expense	84.55	73.14	59.88	175.59	133.93	43.99
Earnings From Continuing Operations	399.17	128.33	351	551.6	602.81	178.19
Minority Interest in Earnings	-43.42	-41.91	-72.28	77.49	83.62	67.51
Net Income	362.15	86.42	278.72	629.09	686.43	245.7
Preferred Dividends & Other Adjustments	32.49	32.58	32.49	40.94	57.59	56.44
Net Income to Common	329.66	53.84	246.23	588.15	628.84	189.26
Net Income Growth	29.90%	-68.99%	-55.69%	-8.35%	179.38%	-22.29%
Shares Outstanding (Basic)	3,771	3,774	3,791	3,773	3,438	3,193
Shares Outstanding (Diluted)	3,851	3,827	3,844	3,827	3,493	3,236
Shares Change (YoY)	1.10%	-0.43%	0.44%	9.57%	7.93%	0.35%
EPS (Basic)	0.09	0.01	0.06	0.16	0.18	0.06
EPS (Diluted)	0.09	0.01	0.06	0.15	0.18	0.06
EPS Growth	32.37%	-78.00%	-58.29%	-14.61%	207.79%	-27.80%
Free Cash Flow	-1,553	-5,976	-997.57	180.83	25.47	-674.11
Free Cash Flow Per Share	-0.40	-1.56	-0.26	0.05	0.01	-0.21
Dividend Per Share	0.050	0.060	0.070	0.085	0.085	0.075
Dividend Growth	-28.57%	-14.29%	-17.65%	-	13.33%	-6.25%
Gross Margin	8.25%	8.84%	9.06%	8.13%	8.50%	9.05%
Operating Margin	2.97%	3.14%	2.91%	2.92%	2.81%	3.02%
Profit Margin	0.54%	0.10%	0.51%	1.07%	1.34%	0.53%
Free Cash Flow Margin	-2.53%	-10.62%	-2.06%	0.33%	0.05%	-1.88%
EBITDA	2,364	2,317	1,929	2,105	1,786	1,512
EBITDA Margin	3.85%	4.12%	3.99%	3.83%	3.79%	4.21%
D&A For EBITDA	545.02	549.65	522.62	501.89	463.62	427.07
EBIT	1,819	1,767	1,406	1,603	1,322	1,085
EBIT Margin	2.97%	3.14%	2.91%	2.92%	2.81%	3.02%
Effective Tax Rate	17.48%	36.30%	14.57%	24.15%	18.18%	19.80%

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