Elsa 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	264.66	222.88	173.69	97.46
Revenue Growth	18.75%	28.32%	78.21%	-
Cost of Revenue	234.77	197.64	148.78	81.66
Gross Profit	29.89	25.24	24.91	15.8
Selling, General & Admin	10.87	9.47	7.78	5.87
Other Operating Expenses	0.56	0.68	0.51	0.42
Operating Expenses	12.81	11.46	9.35	6.99
Operating Income	17.08	13.78	15.56	8.81
Interest Expense	-0.52	-0.44	-0.68	-0.48
Interest & Investment Income	0.23	0.15	0.19	0.06
Earnings From Equity Investments	-0.01	-	-	-
Currency Exchange Gain (Loss)	-0.31	0.44	-0.04	0.21
Other Non Operating Income (Expenses)	-0.02	-0.16	-0.23	-0.25
EBT Excluding Unusual Items	16.46	13.78	14.81	8.34
Gain (Loss) on Sale of Assets	-	0.19	0.11	-
Asset Writedown	0.01	0	0	-
Other Unusual Items	-	-	-	0.02
Pretax Income	16.5	13.97	14.93	8.36
Income Tax Expense	5.74	3.47	3.4	3
Net Income	10.76	10.5	11.52	5.36
Net Income to Common	10.76	10.5	11.52	5.36
Net Income Growth	2.44%	-8.84%	115.02%	-
Shares Outstanding (Basic)	538	538	538	538
Shares Outstanding (Diluted)	538	538	538	538
Shares Change	-	-	-	-
EPS (Basic)	0.02	0.02	0.02	0.01
EPS (Diluted)	0.02	0.02	0.02	0.01
EPS Growth	2.44%	-8.84%	115.02%	-
Free Cash Flow	2.16	7.23	14.78	0.66
Free Cash Flow Per Share	0.00	0.01	0.03	0.00
Gross Margin	11.29%	11.32%	14.34%	16.22%
Operating Margin	6.46%	6.18%	8.96%	9.04%
Profit Margin	4.06%	4.71%	6.63%	5.50%
Free Cash Flow Margin	0.82%	3.25%	8.51%	0.68%
EBITDA	17.86	14.49	15.99	9.27
EBITDA Margin	6.75%	6.50%	9.21%	9.51%
D&A For EBITDA	0.77	0.72	0.43	0.46
EBIT	17.08	13.78	15.56	8.81
EBIT Margin	6.46%	6.18%	8.96%	9.04%
Effective Tax Rate	34.80%	24.81%	22.81%	35.92%