Adnex Group Berhad (KLSE:ADNEX)

Adnex Group Berhad Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	94.27	50.23	46.63	30.91
Revenue Growth (YoY)	87.68%	7.71%	50.85%	-
Cost of Revenue	71.82	34.88	36.17	24.15
Gross Profit	22.44	15.35	10.46	6.76
Selling, General & Admin	9.02	6.59	3.62	2.35
Other Operating Expenses	0.02	-0.23	-0	0
Operating Expenses	9.14	6.35	3.7	2.37
Operating Income	13.3	9	6.77	4.39
Interest Expense	-0.61	-0.16	-0.07	-0.05
Earnings From Equity Investments	-	-	-0.02	0.1
EBT Excluding Unusual Items	12.68	8.83	6.68	4.45
Gain (Loss) on Sale of Assets	-	-	-	0.08
Other Unusual Items	-	-	0	-
Pretax Income	12.68	8.83	6.68	4.52
Income Tax Expense	3.46	2.44	1.65	1.1
Net Income	9.22	6.39	5.03	3.42
Net Income to Common	9.22	6.39	5.03	3.42
Net Income Growth	44.30%	27.07%	46.99%	-
Shares Outstanding (Basic)	410	410	500	500
Shares Outstanding (Diluted)	410	410	500	500
Shares Change (YoY)	-	-18.10%	-	-
EPS (Basic)	0.02	0.02	0.01	0.01
EPS (Diluted)	0.02	0.02	0.01	0.01
EPS Growth	44.30%	55.16%	47.91%	-
Free Cash Flow	7.7	4.44	-0.04	1.19
Free Cash Flow Per Share	0.02	0.01	-	0.00
Gross Margin	23.81%	30.56%	22.44%	21.87%
Operating Margin	14.11%	17.91%	14.52%	14.21%
Profit Margin	9.78%	12.72%	10.79%	11.07%
Free Cash Flow Margin	8.17%	8.85%	-0.09%	3.85%
EBITDA	13.37	9.04	6.79	4.44
EBITDA Margin	14.18%	18.00%	14.56%	14.35%
D&A For EBITDA	0.07	0.04	0.02	0.04
EBIT	13.3	9	6.77	4.39
EBIT Margin	14.11%	17.91%	14.52%	14.21%
Effective Tax Rate	27.30%	27.64%	24.68%	24.31%

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