Advance Synergy Berhad 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	280.93	270.51	287.57	243.1	116.29
Revenue Growth (YoY)	3.85%	-5.93%	18.29%	109.06%	-0.81%
Cost of Revenue	214.08	207.91	221.6	176.49	70.96
Gross Profit	66.85	62.6	65.97	66.62	45.32
Selling, General & Admin	104.74	55.42	53.9	53.9	43.62
Other Operating Expenses	-19.39	20.11	28.64	28.12	25.28
Operating Expenses	85.35	75.53	82.54	82.02	68.9
Operating Income	-18.51	-12.94	-16.57	-15.4	-23.58
Interest Expense	-6.87	-10.54	-11.42	-6.71	-7.37
Interest & Investment Income	0.83	2.37	1.25	1.31	1.36
Earnings From Equity Investments	0.03	0.04	-0.04	0.11	0.1
EBT Excluding Unusual Items	-24.52	-21.07	-26.78	-20.69	-29.49
Impairment of Goodwill	-	-15.04	-39.47	-8.96	-2.79
Gain (Loss) on Sale of Investments	-	-22.25	-25.87	-11.61	22.46
Gain (Loss) on Sale of Assets	-	-	-	-	7
Asset Writedown	-	-13.86	-23.32	-	-0.11
Other Unusual Items	-	-	38.6	-	5
Pretax Income	-24.52	-72.21	-76.84	-41.26	2.08
Income Tax Expense	2.91	3.42	3.79	3.17	3.49
Earnings From Continuing Operations	-27.43	-75.63	-80.63	-44.43	-1.41
Minority Interest in Earnings	11.42	16.9	31.29	9.14	-9.86
Net Income	-16.01	-58.73	-49.34	-35.29	-11.27
Net Income to Common	-16.01	-58.73	-49.34	-35.29	-11.27
Shares Outstanding (Basic)	2,529	2,529	2,529	1,201	929
Shares Outstanding (Diluted)	2,529	2,529	2,529	1,201	929
Shares Change (YoY)	-	-	110.59%	29.25%	-
EPS (Basic)	-0.01	-0.02	-0.02	-0.03	-0.01
EPS (Diluted)	-0.01	-0.02	-0.02	-0.03	-0.01
Free Cash Flow	17.4	8.23	-36.42	-27.77	-35.12
Free Cash Flow Per Share	0.01	0.00	-0.01	-0.02	-0.04
Dividend Per Share	-	0.001	0.001	0.001	0.002
Dividend Growth	-	-	-50.00%	-33.33%	-
Gross Margin	23.79%	23.14%	22.94%	27.40%	38.97%
Operating Margin	-6.59%	-4.78%	-5.76%	-6.33%	-20.28%
Profit Margin	-5.70%	-21.71%	-17.16%	-14.52%	-9.69%
Free Cash Flow Margin	6.19%	3.04%	-12.67%	-11.42%	-30.20%
EBITDA	-8.34	-3.95	-8.01	-7.39	-16.46
EBITDA Margin	-2.97%	-1.46%	-2.78%	-3.04%	-14.15%
D&A For EBITDA	10.17	8.98	8.57	8.01	7.12
EBIT	-18.51	-12.94	-16.57	-15.4	-23.58
EBIT Margin	-6.59%	-4.78%	-5.76%	-6.33%	-20.28%
Effective Tax Rate	-	-	-	-	167.84%

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