CTOS Digital Berhad (KLSE: CTOS)

CTOS Digital 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	287.82	261.44	194.78	153.17	133.23	129.14
Revenue Growth (YoY)	26.56%	34.22%	27.17%	14.97%	3.16%	16.91%
Cost of Revenue	73.27	60.54	30.15	19.19	17.51	21.6
Gross Profit	214.56	200.89	164.63	133.98	115.72	107.54
Selling, General & Admin	122.32	112.39	96.88	83.26	70.24	65.9
Operating Expenses	122.32	112.39	96.88	83.26	70.24	65.9
Operating Income	92.24	88.5	67.75	50.72	45.48	41.64
Interest Expense	-8.2	-6.72	-4.33	-5.66	-4.15	-1.15
Interest & Investment Income	0.3	0.25	0.17	0.41	0.22	-
Earnings From Equity Investments	25.4	26.18	23.27	7.22	1.79	0.76
Other Non Operating Income (Expenses)	-0.18	-0.21	1.36	0.18	-0.06	0.39
EBT Excluding Unusual Items	109.55	108.01	88.23	52.86	43.28	41.64
Merger & Restructuring Charges	-	-	-	-	-0.4	-
Gain (Loss) on Sale of Investments	0.22	0.35	0.35	-	-	-
Gain (Loss) on Sale of Assets	0.01	0.01	-0	0	-0.08	-0.19
Asset Writedown	-	-	-	-	-	-0.2
Other Unusual Items	-0.05	-0.05	-2.89	0.18	-	-
Pretax Income	109.72	108.32	85.68	53.04	42.8	41.25
Income Tax Expense	-16.58	-9.65	13.96	9.34	2.27	2.24
Earnings From Continuing Operations	126.3	117.98	71.72	43.71	40.52	39.01
Earnings From Discontinued Operations	-	-	-	-1.13	-2.55	-
Net Income to Company	126.3	117.98	71.72	42.57	37.98	39.01
Minority Interest in Earnings	0.42	0.13	-	0.55	1.21	-
Net Income	126.72	118.11	71.72	43.12	39.19	39.01
Net Income to Common	126.72	118.11	71.72	43.12	39.19	39.01
Net Income Growth	70.16%	64.69%	66.31%	10.04%	0.46%	31.54%
Shares Outstanding (Basic)	2,310	2,310	2,291	2,091	2,000	2,000
Shares Outstanding (Diluted)	2,310	2,310	2,291	2,091	2,001	2,010
Shares Change (YoY)	-0.01%	0.82%	9.58%	4.49%	-0.46%	0.28%
EPS (Basic)	0.05	0.05	0.03	0.02	0.02	0.02
EPS (Diluted)	0.05	0.05	0.03	0.02	0.02	0.02
EPS Growth	70.18%	63.36%	51.77%	10.12%	-3.46%	31.08%
Free Cash Flow	90.52	111.1	78.82	64.75	44.89	45.99
Free Cash Flow Per Share	0.04	0.05	0.03	0.03	0.02	0.02
Dividend Per Share	0.038	0.033	0.019	0.012	0.012	0.011
Dividend Growth	93.82%	77.55%	58.50%	-4.60%	12.73%	-18.52%
Gross Margin	74.54%	76.84%	84.52%	87.47%	86.86%	83.27%
Operating Margin	32.05%	33.85%	34.78%	33.11%	34.14%	32.24%
Profit Margin	44.03%	45.18%	36.82%	28.15%	29.41%	30.21%
Free Cash Flow Margin	31.45%	42.50%	40.46%	42.27%	33.70%	35.61%
EBITDA	99.87	95.33	73.52	56.93	51.02	46.46
EBITDA Margin	34.70%	36.46%	37.75%	37.17%	38.30%	35.98%
D&A For EBITDA	7.63	6.83	5.78	6.21	5.54	4.82
EBIT	92.24	88.5	67.75	50.72	45.48	41.64
EBIT Margin	32.05%	33.85%	34.78%	33.11%	34.14%	32.24%
Effective Tax Rate	-	-	16.30%	17.60%	5.31%	5.42%

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