Able Global Berhad (KLSE: ABLEGLOB)

Able Global Berhad Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	713.33	648.09	549.82	499.86	502.26	579.79
Revenue Growth (YoY)	17.53%	17.87%	10.00%	-0.48%	-13.37%	15.70%
Cost of Revenue	531.13	500.51	428.82	370.35	370.53	439.34
Gross Profit	182.2	147.58	121.01	129.51	131.73	140.45
Selling, General & Admin	44.94	43.28	40.15	38.13	39.47	40.57
Other Operating Expenses	18.69	18.69	22.59	22.76	23.32	23.75
Operating Expenses	77.94	76.27	74.15	74.36	78.27	75.05
Operating Income	104.26	71.31	46.86	55.14	53.46	65.39
Interest Expense	-7.33	-6.02	-2.41	-0.58	-1.37	-2.29
Interest & Investment Income	1.9	1.9	0.71	0.71	0.83	0.9
Earnings From Equity Investments	-1.48	2	-2.36	-3.86	0.32	-0.18
Other Non Operating Income (Expenses)	2.93	-	-	-0	-0.02	-
EBT Excluding Unusual Items	94.04	69.19	42.8	51.42	53.22	63.82
Gain (Loss) on Sale of Investments	-	-	-	-	-	-3.3
Pretax Income	94.04	69.19	42.8	51.42	53.22	60.52
Income Tax Expense	24.54	16.88	9.21	13.98	13.38	12.33
Earnings From Continuing Operations	69.51	52.3	33.59	37.45	39.84	48.19
Minority Interest in Earnings	-0.62	-0.45	-0.2	-0.53	-0.35	-0.71
Net Income	68.88	51.86	33.39	36.91	39.49	47.48
Net Income to Common	68.88	51.86	33.39	36.91	39.49	47.48
Net Income Growth	63.33%	55.33%	-9.55%	-6.53%	-16.83%	31.08%
Shares Outstanding (Basic)	308	308	308	308	308	310
Shares Outstanding (Diluted)	308	308	308	308	308	310
Shares Change (YoY)	-	-	-	-	-0.94%	-
EPS (Basic)	0.22	0.17	0.11	0.12	0.13	0.15
EPS (Diluted)	0.22	0.17	0.11	0.12	0.13	0.15
EPS Growth	63.39%	55.39%	-9.59%	-6.53%	-16.03%	31.05%
Free Cash Flow	54.01	91.91	-177.25	-40.03	48.02	30.36
Free Cash Flow Per Share	0.18	0.30	-0.58	-0.13	0.16	0.10
Dividend Per Share	0.080	0.065	0.040	0.050	0.054	0.064
Dividend Growth	45.45%	62.50%	-20.00%	-7.41%	-15.63%	28.00%
Gross Margin	25.54%	22.77%	22.01%	25.91%	26.23%	24.22%
Operating Margin	14.62%	11.00%	8.52%	11.03%	10.64%	11.28%
Profit Margin	9.66%	8.00%	6.07%	7.38%	7.86%	8.19%
Free Cash Flow Margin	7.57%	14.18%	-32.24%	-8.01%	9.56%	5.24%
EBITDA	115.6	83.47	56.59	65.12	63.52	75.11
EBITDA Margin	16.21%	12.88%	10.29%	13.03%	12.65%	12.96%
D&A For EBITDA	11.33	12.16	9.73	9.98	10.06	9.72
EBIT	104.26	71.31	46.86	55.14	53.46	65.39
EBIT Margin	14.62%	11.00%	8.52%	11.03%	10.64%	11.28%
Effective Tax Rate	26.09%	24.40%	21.52%	27.18%	25.15%	20.37%

Source: S&P Capital IQ. Standard template. Financial Sources.