Indigo Star Holdings 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
Revenue	85.8	86.43	44.32	32.64	16.02	9.43
Revenue Growth (YoY)	54.39%	95.03%	35.77%	103.78%	69.81%	-53.77%
Cost of Revenue	71.15	71.84	32.89	24.55	13.53	7.95
Gross Profit	14.65	14.6	11.42	8.09	2.49	1.48
Selling, General & Admin	11.61	11.67	9.65	7.12	4.44	3.86
Operating Expenses	11.4	11.46	9.77	7.47	4.43	3.86
Operating Income	3.26	3.13	1.66	0.62	-1.94	-2.38
Interest Expense	-0.09	-0.09	-0.09	-0.11	-0.13	-0.09
Interest & Investment Income	0.17	0.14	0.05	0.07	0.06	0.04
Other Non Operating Income (Expenses)	-0.12	0.23	0.29	0.12	-1.54	0.25
EBT Excluding Unusual Items	3.21	3.41	1.91	0.7	-3.54	-2.18
Gain (Loss) on Sale of Investments	-0.11	-0.11	-0.38	-0.61	-0.3	0.08
Gain (Loss) on Sale of Assets	0.04	0.04	-	-	0.02	-
Other Unusual Items	0.33	0.33	0.21	0.22	0.11	0.22
Pretax Income	3.47	3.66	1.74	0.31	-3.72	-1.88
Income Tax Expense	0.45	0.5	0.74	0.02	-	0.18
Net Income	2.99	3.17	1	0.29	-3.72	-2.06
Net Income to Common	2.99	3.17	1	0.29	-3.72	-2.06
Net Income Growth	47.11%	217.12%	242.12%	-	-	-
Shares Outstanding (Basic)	40	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40	40
EPS (Basic)	0.07	0.08	0.02	0.01	-0.09	-0.05
EPS (Diluted)	0.07	0.08	0.02	0.01	-0.09	-0.05
EPS Growth	47.11%	217.12%	242.12%	-	-	-
Free Cash Flow	-	-	5.77	2.06	-2.27	-0.07
Free Cash Flow Per Share	-	-	0.14	0.05	-0.06	-0.00
Gross Margin	17.08%	16.89%	25.78%	24.79%	15.56%	15.68%
Operating Margin	3.79%	3.62%	3.73%	1.90%	-12.11%	-25.21%
Profit Margin	3.49%	3.67%	2.25%	0.90%	-23.19%	-21.88%
Free Cash Flow Margin	-	-	13.01%	6.32%	-14.19%	-0.75%
EBITDA	-	3.84	2.36	1.28	-1.41	-1.94
EBITDA Margin	-	4.44%	5.33%	3.93%	-8.81%	-20.59%
D&A For EBITDA	-	0.71	0.71	0.66	0.53	0.44
EBIT	3.26	3.13	1.66	0.62	-1.94	-2.38
EBIT Margin	3.79%	3.62%	3.73%	1.90%	-12.11%	-25.21%
Effective Tax Rate	12.88%	13.51%	42.42%	5.20%	-	-

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