KLSE:99SMART Income Statement

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

Millions MYR. 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	11,433	9,982	9,214	8,075	7,837
Revenue Growth (YoY)	14.54%	8.33%	14.10%	3.04%	14.55%
Cost of Revenue	10,135	8,877	8,185	7,369	7,108
Gross Profit	1,299	1,104	1,030	706.11	728.37
Selling, General & Admin	1,431	1,219	1,133	726.33	630.84
Other Operating Expenses	-939.61	-814.77	-665.75	-742.86	-685.24
Operating Expenses	491.05	404.65	467.7	192.47	135
Operating Income	807.67	699.68	561.86	513.64	593.38
Interest Expense	-47.98	-45.03	-44.03	-41.5	-43.48
Interest & Investment Income	29.61	-	-	3.05	4.61
Other Non Operating Income (Expenses)	24.25	30.42	21.28	8.92	7.31
EBT Excluding Unusual Items	813.55	685.07	539.11	484.11	561.82
Other Unusual Items	-	-26.48	-0.9	-	-
Pretax Income	813.55	658.59	538.21	484.11	561.82
Income Tax Expense	199.35	168.33	137.99	157.45	142.72
Net Income	614.2	490.27	400.23	326.67	419.09
Net Income to Common	614.2	490.27	400.23	326.67	419.09
Net Income Growth	25.28%	22.50%	22.52%	-22.05%	52.44%
Shares Outstanding (Basic)	8,400	8,246	8,000	295	248
Shares Outstanding (Diluted)	8,400	8,246	8,000	295	248
Shares Change (YoY)	1.87%	3.07%	2611.46%	19.14%	267.23%
EPS (Basic)	0.07	0.06	0.05	1.11	1.69
EPS (Diluted)	0.07	0.06	0.05	1.11	1.69
EPS Growth	22.98%	18.84%	-95.48%	-34.58%	-58.49%
Free Cash Flow	727.14	317.8	581.6	299.54	476.17
Free Cash Flow Per Share	0.09	0.04	0.07	1.01	1.92
Dividend Per Share	0.043	-	-	1.708	1.045
Dividend Growth	-	-	-	63.39%	-81.25%
Gross Margin	11.36%	11.06%	11.17%	8.74%	9.29%
Operating Margin	7.06%	7.01%	6.10%	6.36%	7.57%
Profit Margin	5.37%	4.91%	4.34%	4.04%	5.35%
Free Cash Flow Margin	6.36%	3.18%	6.31%	3.71%	6.08%
EBITDA	888.93	772.47	628.71	583.03	654.88
EBITDA Margin	7.78%	7.74%	6.82%	7.22%	8.36%
D&A For EBITDA	81.26	72.79	66.85	69.39	61.5
EBIT	807.67	699.68	561.86	513.64	593.38
EBIT Margin	7.06%	7.01%	6.10%	6.36%	7.57%
Effective Tax Rate	24.50%	25.56%	25.64%	32.52%	25.40%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.