Furniweb Holdings Limited (HKG:8480)

Furniweb Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	218.79	191.09	216.83	162.16	132.9	99.26
Revenue Growth (YoY)	12.03%	-11.87%	33.72%	22.01%	33.89%	-21.18%
Cost of Revenue	159.22	138.42	162.05	120.75	86.68	70.01
Gross Profit	59.57	52.67	54.78	41.4	46.23	29.25
Selling, General & Admin	30.61	32.87	34.07	26.59	31.01	26.57
Other Operating Expenses	8.15	8.15	3.6	-	-	3.51
Operating Expenses	38.61	41.02	37.67	26.59	31.01	30.08
Operating Income	20.96	11.65	17.11	14.82	15.21	-0.83
Interest Expense	-0.88	-1	-1.76	-0.67	-1.05	-1.96
Interest & Investment Income	0.89	1.22	1.52	0.76	0.61	0.59
Earnings From Equity Investments	0.61	0.56	0.29	4.13	1.01	-0.01
Currency Exchange Gain (Loss)	-0.09	-0.59	0.29	0.28	0.31	-0.35
Other Non Operating Income (Expenses)	0.68	0.81	0.29	-0.23	-0.27	-0.05
EBT Excluding Unusual Items	22.18	12.64	17.74	19.09	15.81	-2.61
Merger & Restructuring Charges	-	-	-	-	0.71	-
Impairment of Goodwill	-	-	-	-	-12.11	-16.31
Gain (Loss) on Sale of Investments	-0.28	-0.28	-	2.11	-	-
Gain (Loss) on Sale of Assets	-0.04	0.01	0.37	0.03	-5.24	0.06
Asset Writedown	-	-	-	-	-3.62	-14.03
Other Unusual Items	0.01	0.01	-	-	11.94	-
Pretax Income	21.87	12.38	18.12	21.22	7.49	-32.89
Income Tax Expense	5.49	3.35	5.66	3.06	2.31	1.23
Earnings From Continuing Operations	16.37	9.03	12.46	18.17	5.18	-34.11
Earnings From Discontinued Operations	-	-	-	-	-	1.9
Net Income to Company	16.37	9.03	12.46	18.17	5.18	-32.21
Minority Interest in Earnings	-	-	-	-	-5.95	-
Net Income	16.37	9.03	12.46	18.17	-0.77	-32.21
Net Income to Common	16.37	9.03	12.46	18.17	-0.77	-32.21
Net Income Growth	14.37%	-27.48%	-31.44%	-	-	-
Shares Outstanding (Basic)	730	602	602	574	560	560
Shares Outstanding (Diluted)	730	602	602	574	560	560
Shares Change (YoY)	21.28%	-	4.76%	2.54%	-	5.13%
EPS (Basic)	0.02	0.02	0.02	0.03	-0.00	-0.06
EPS (Diluted)	0.02	0.02	0.02	0.03	-0.00	-0.06
EPS Growth	-5.69%	-27.48%	-34.55%	-	-	-
Free Cash Flow	39.6	23.24	19.26	-1	3.6	14.98
Free Cash Flow Per Share	0.05	0.04	0.03	-0.00	0.01	0.03
Dividend Per Share	0.006	0.006	-	-	-	-
Gross Margin	27.23%	27.56%	25.27%	25.53%	34.78%	29.47%
Operating Margin	9.58%	6.10%	7.89%	9.14%	11.45%	-0.84%
Profit Margin	7.48%	4.73%	5.75%	11.20%	-0.58%	-32.45%
Free Cash Flow Margin	18.10%	12.16%	8.88%	-0.62%	2.71%	15.09%
EBITDA	24.35	14.84	19.51	16.64	18.19	2.86
EBITDA Margin	11.13%	7.77%	9.00%	10.26%	13.68%	2.89%
D&A For EBITDA	3.39	3.19	2.39	1.82	2.97	3.7
EBIT	20.96	11.65	17.11	14.82	15.21	-0.83
EBIT Margin	9.58%	6.10%	7.89%	9.14%	11.45%	-0.84%
Effective Tax Rate	25.12%	27.05%	31.24%	14.40%	30.82%	-

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