Bumi Armada Berhad (KLSE:ARMADA)

Bumi Armada Berhad 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,775	2,299	2,133	2,406	2,163	2,235
Revenue Growth (YoY)	-25.72%	7.79%	-11.33%	11.24%	-3.25%	7.95%
Cost of Revenue	928.04	988.08	1,091	1,275	1,243	1,330
Gross Profit	846.71	1,311	1,042	1,130	919.6	905.04
Selling, General & Admin	109.29	159.53	141.43	90.39	101.55	119.5
Other Operating Expenses	-8.81	-10.85	-13.12	-19.22	-93.74	-50.17
Operating Expenses	100.49	147.75	123.75	44.65	-6.13	69.33
Operating Income	746.22	1,163	918.46	1,085	925.72	835.71
Interest Expense	-270.27	-310.13	-338.4	-366.7	-397.12	-491.64
Interest & Investment Income	74.43	71.79	49.57	29.39	17.98	18.11
Earnings From Equity Investments	38.24	33.15	62.84	49.15	106.69	51.37
Other Non Operating Income (Expenses)	-	-0.26	-	-88.01	-1.01	-
EBT Excluding Unusual Items	588.62	957.94	692.48	709.33	652.26	413.55
Gain (Loss) on Sale of Investments	-	6.73	18.4	-	-	14.03
Gain (Loss) on Sale of Assets	0	-	60.65	3.61	27.86	11.56
Asset Writedown	-325.13	-325.13	-514.35	-	-19.12	-357.33
Other Unusual Items	4.33	5.24	34.98	-9.94	0.97	-
Pretax Income	269.15	646.14	296.14	709	667.9	81.81
Income Tax Expense	-20.73	-10.07	3.11	-15.66	25.06	-7.74
Earnings From Continuing Operations	289.87	656.21	293.04	724.66	642.84	89.55
Earnings From Discontinued Operations	-	-	-	-	-85.16	22.7
Net Income to Company	289.87	656.21	293.04	724.66	557.68	112.25
Minority Interest in Earnings	-14.78	-22.21	39.02	7.76	16.39	13.32
Net Income	275.1	634	332.06	732.41	574.07	125.57
Net Income to Common	275.1	634	332.06	732.41	574.07	125.57
Net Income Growth	-50.19%	90.93%	-54.66%	27.58%	357.17%	114.22%
Shares Outstanding (Basic)	5,928	5,926	5,921	5,914	5,898	5,883
Shares Outstanding (Diluted)	5,928	5,926	5,921	5,914	5,898	5,883
Shares Change (YoY)	0.05%	0.09%	0.11%	0.27%	0.26%	0.14%
EPS (Basic)	0.05	0.11	0.06	0.12	0.10	0.02
EPS (Diluted)	0.05	0.11	0.06	0.12	0.10	0.02
EPS Growth	-50.22%	90.75%	-54.70%	27.19%	356.00%	113.92%
Free Cash Flow	1,188	1,715	987.34	1,427	1,463	854.44
Free Cash Flow Per Share	0.20	0.29	0.17	0.24	0.25	0.14
Dividend Per Share	0.010	0.010	-	-	-	-
Gross Margin	47.71%	57.03%	48.86%	46.98%	42.52%	40.49%
Operating Margin	42.05%	50.60%	43.06%	45.13%	42.81%	37.39%
Profit Margin	15.50%	27.57%	15.57%	30.45%	26.55%	5.62%
Free Cash Flow Margin	66.93%	74.61%	46.29%	59.33%	67.63%	38.23%
EBITDA	1,007	1,456	1,248	1,423	1,360	1,275
EBITDA Margin	56.72%	63.31%	58.50%	59.15%	62.89%	57.05%
D&A For EBITDA	260.42	292.33	329.49	337.45	434.38	439.51
EBIT	746.22	1,163	918.46	1,085	925.72	835.71
EBIT Margin	42.05%	50.60%	43.06%	45.12%	42.81%	37.39%
Effective Tax Rate	-	-	1.05%	-	3.75%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.