Indigo Star Holdings 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	81.73	86.43	44.32	32.64	16.02
Revenue Growth (YoY)	-5.44%	95.03%	35.77%	103.78%	69.81%
Cost of Revenue	66.67	71.84	32.89	24.55	13.53
Gross Profit	15.06	14.6	11.42	8.09	2.49
Selling, General & Admin	12.62	11.67	9.65	7.12	4.44
Operating Expenses	13.27	11.46	9.77	7.47	4.43
Operating Income	1.78	3.13	1.66	0.62	-1.94
Interest Expense	-0.1	-0.09	-0.09	-0.11	-0.13
Interest & Investment Income	0.14	0.14	0.05	0.07	0.06
Other Non Operating Income (Expenses)	0.16	0.23	0.29	0.12	-1.54
EBT Excluding Unusual Items	1.98	3.41	1.91	0.7	-3.54
Gain (Loss) on Sale of Investments	0.42	-0.11	-0.38	-0.61	-0.3
Gain (Loss) on Sale of Assets	-0.01	0.04	-	-	0.02
Other Unusual Items	0.11	0.33	0.21	0.22	0.11
Pretax Income	2.5	3.66	1.74	0.31	-3.72
Income Tax Expense	0.55	0.5	0.74	0.02	-
Net Income	1.94	3.17	1	0.29	-3.72
Net Income to Common	1.94	3.17	1	0.29	-3.72
Net Income Growth	-38.64%	217.12%	242.12%	-	-
Shares Outstanding (Basic)	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40
EPS (Basic)	0.05	0.08	0.02	0.01	-0.09
EPS (Diluted)	0.05	0.08	0.02	0.01	-0.09
EPS Growth	-38.64%	217.12%	242.12%	-	-
Free Cash Flow	-0.26	1.37	5.77	2.06	-2.27
Free Cash Flow Per Share	-0.01	0.03	0.14	0.05	-0.06
Gross Margin	18.42%	16.89%	25.78%	24.79%	15.56%
Operating Margin	2.18%	3.62%	3.73%	1.90%	-12.11%
Profit Margin	2.38%	3.67%	2.25%	0.90%	-23.19%
Free Cash Flow Margin	-0.32%	1.58%	13.01%	6.32%	-14.19%
EBITDA	2.47	3.84	2.36	1.28	-1.41
EBITDA Margin	3.02%	4.45%	5.33%	3.93%	-8.81%
D&A For EBITDA	0.68	0.71	0.71	0.66	0.53
EBIT	1.78	3.13	1.66	0.62	-1.94
EBIT Margin	2.18%	3.62%	3.73%	1.90%	-12.11%
Effective Tax Rate	22.12%	13.51%	42.42%	5.20%	-