Eco World Development Group Berhad (KLSE: ECOWLD)

ECOWLD Income Statement

Financials in millions MYR. Fiscal year is November - October.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jul 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020	Oct 31, 2019
Revenue	2,464	2,227	2,044	2,043	1,997	2,462
Revenue Growth (YoY)	26.91%	8.97%	0.04%	2.31%	-18.91%	24.05%
Cost of Revenue	1,849	1,688	1,553	1,620	1,665	1,993
Gross Profit	615.64	538.57	490.44	423.26	331.46	469.67
Selling, General & Admin	275.64	252.18	221.66	224.47	212.91	297.43
Other Operating Expenses	1.42	1.42	1.56	-	-	-11.37
Operating Expenses	284.59	253.59	223.22	224.47	212.91	286.06
Operating Income	331.05	284.98	267.22	198.79	118.55	183.61
Interest Expense	-123.39	-122.73	-96.87	-112.05	-138.67	-101.89
Interest & Investment Income	76.62	76.62	55.15	54.67	49.28	42.3
Earnings From Equity Investments	71.14	86.96	62.27	142.69	153.51	141.96
Currency Exchange Gain (Loss)	0.58	0.58	0.97	0.07	-	-
Other Non Operating Income (Expenses)	47.76	24.97	12.17	11.63	13.69	-
EBT Excluding Unusual Items	403.76	351.37	300.91	295.8	196.37	265.98
Gain (Loss) on Sale of Investments	-82	-82	-77.83	-56.67	-	-
Gain (Loss) on Sale of Assets	0.31	0.31	0.12	0.16	0.03	-
Asset Writedown	-	-	2.56	-	-	-
Other Unusual Items	0.34	0.34	-	0.02	0.03	-
Pretax Income	322.41	270.02	225.76	239.32	196.42	265.98
Income Tax Expense	99	80.7	68.55	56.58	36.27	62.55
Earnings From Continuing Operations	223.41	189.32	157.21	182.74	160.15	203.42
Net Income	223.41	189.32	157.21	182.74	160.15	203.42
Net Income to Common	223.41	189.32	157.21	182.74	160.15	203.42
Net Income Growth	18.96%	20.43%	-13.97%	14.11%	-21.27%	117.58%
Shares Outstanding (Basic)	2,945	2,944	2,944	2,944	2,944	2,944
Shares Outstanding (Diluted)	3,033	2,944	2,944	2,944	2,944	2,944
Shares Change (YoY)	3.01%	-	0.00%	-	-	-
EPS (Basic)	0.08	0.06	0.05	0.06	0.05	0.07
EPS (Diluted)	0.07	0.06	0.05	0.06	0.05	0.07
EPS Growth	15.50%	20.43%	-13.97%	14.11%	-21.27%	117.59%
Free Cash Flow	794.94	555.31	932.85	965.57	494.51	523.26
Free Cash Flow Per Share	0.26	0.19	0.32	0.33	0.17	0.18
Dividend Per Share	0.060	0.060	0.050	0.040	0.020	-
Dividend Growth	0%	20.00%	25.00%	100.00%	-	-
Gross Margin	24.98%	24.18%	24.00%	20.72%	16.60%	19.07%
Operating Margin	13.43%	12.80%	13.08%	9.73%	5.94%	7.46%
Profit Margin	9.07%	8.50%	7.69%	8.95%	8.02%	8.26%
Free Cash Flow Margin	32.26%	24.94%	45.65%	47.27%	24.77%	21.25%
EBITDA	351.3	305.47	287.3	220.63	141.05	220.83
EBITDA Margin	14.26%	13.72%	14.06%	10.80%	7.06%	8.97%
D&A For EBITDA	20.26	20.5	20.08	21.84	22.5	37.22
EBIT	331.05	284.98	267.22	198.79	118.55	183.61
EBIT Margin	13.43%	12.80%	13.08%	9.73%	5.94%	7.46%
Effective Tax Rate	30.70%	29.89%	30.36%	23.64%	18.47%	23.52%

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