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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	696.14	648.09	549.82	499.86	502.26	579.79
Revenue Growth (YoY)	22.28%	17.87%	10.00%	-0.48%	-13.37%	15.70%
Cost of Revenue	522.57	500.51	428.82	370.35	370.53	439.34
Gross Profit	173.58	147.58	121.01	129.51	131.73	140.45
Selling, General & Admin	44.47	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	77.46	76.27	74.15	74.36	78.27	75.05
Operating Income	96.12	71.31	46.86	55.14	53.46	65.39
Interest Expense	-6.12	-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	-1.35	2	-2.36	-3.86	0.32	-0.18
Other Non Operating Income (Expenses)	2.55	-	-	-0	-0.02	-
EBT Excluding Unusual Items	90.71	69.19	42.8	51.42	53.22	63.82
Gain (Loss) on Sale of Investments	-	-	-	-	-	-3.3
Pretax Income	90.71	69.19	42.8	51.42	53.22	60.52
Income Tax Expense	22.94	16.88	9.21	13.98	13.38	12.33
Earnings From Continuing Operations	67.77	52.3	33.59	37.45	39.84	48.19
Minority Interest in Earnings	-0.4	-0.45	-0.2	-0.53	-0.35	-0.71
Net Income	67.37	51.86	33.39	36.91	39.49	47.48
Net Income to Common	67.37	51.86	33.39	36.91	39.49	47.48
Net Income Growth	96.56%	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	96.63%	55.39%	-9.59%	-6.53%	-16.03%	31.05%
Free Cash Flow	64.42	91.91	-177.25	-40.03	48.02	30.36
Free Cash Flow Per Share	0.21	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	77.78%	62.50%	-20.00%	-7.41%	-15.63%	28.00%
Gross Margin	24.93%	22.77%	22.01%	25.91%	26.23%	24.22%
Operating Margin	13.81%	11.00%	8.52%	11.03%	10.64%	11.28%
Profit Margin	9.68%	8.00%	6.07%	7.38%	7.86%	8.19%
Free Cash Flow Margin	9.25%	14.18%	-32.24%	-8.01%	9.56%	5.24%
EBITDA	107.23	83.47	56.59	65.12	63.52	75.11
EBITDA Margin	15.40%	12.88%	10.29%	13.03%	12.65%	12.96%
D&A For EBITDA	11.11	12.16	9.73	9.98	10.06	9.72
EBIT	96.12	71.31	46.86	55.14	53.46	65.39
EBIT Margin	13.81%	11.00%	8.52%	11.03%	10.64%	11.28%
Effective Tax Rate	25.29%	24.40%	21.52%	27.18%	25.15%	20.37%

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