Favelle Favco Berhad (KLSE: FAVCO)

Favelle Favco 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	835.35	765.16	594.77	610.22	554.45	687.99
Revenue Growth (YoY)	26.43%	28.65%	-2.53%	10.06%	-19.41%	29.67%
Cost of Revenue	589.94	544.85	437.06	458.97	422.13	471.25
Gross Profit	245.41	220.31	157.71	151.24	132.33	216.74
Selling, General & Admin	122.3	122.3	101.95	93.35	97.98	92.09
Other Operating Expenses	-4.33	-7.82	-7.03	-6.15	-11.38	-1.27
Operating Expenses	149.2	129.7	95.16	86.26	70.34	100.32
Operating Income	96.22	90.61	62.55	64.99	61.98	116.43
Interest Expense	-9.05	-9.34	-6.75	-4.93	-2.81	-3.12
Interest & Investment Income	3.84	3.81	3.98	5.84	10.04	8.71
Earnings From Equity Investments	-1.32	0.82	-0.16	-1.79	-3.94	-2.15
Currency Exchange Gain (Loss)	-2.62	-	-	-	-	-
Other Non Operating Income (Expenses)	-1.42	-2.13	0.06	1.26	-0.77	-0.66
EBT Excluding Unusual Items	85.66	83.78	59.67	65.37	64.49	119.21
Gain (Loss) on Sale of Assets	-1.46	0.12	0.46	0.21	0.56	0.1
Other Unusual Items	1.46	1.46	-0.56	-1.67	-0.63	0.48
Pretax Income	84.31	85.35	59.57	63.91	64.43	119.79
Income Tax Expense	25.37	23.9	17	11.15	14.07	30.08
Earnings From Continuing Operations	58.94	61.46	42.57	52.76	50.36	89.71
Minority Interest in Earnings	-12.12	-10.9	-3.88	-4.64	-5.86	-7.05
Net Income	46.82	50.55	38.69	48.12	44.5	82.66
Net Income to Common	46.82	50.55	38.69	48.12	44.5	82.66
Net Income Growth	2.06%	30.66%	-19.59%	8.14%	-46.17%	30.52%
Shares Outstanding (Basic)	234	234	231	224	224	222
Shares Outstanding (Diluted)	238	237	234	224	224	225
Shares Change (YoY)	-0.19%	1.38%	4.40%	0.03%	-0.32%	1.47%
EPS (Basic)	0.20	0.22	0.17	0.22	0.20	0.37
EPS (Diluted)	0.20	0.21	0.17	0.21	0.20	0.37
EPS Growth	2.28%	28.88%	-22.95%	8.10%	-45.99%	28.64%
Free Cash Flow	-4.31	112.43	13.89	29.63	53.97	-8.26
Free Cash Flow Per Share	-0.02	0.47	0.06	0.13	0.24	-0.04
Dividend Per Share	0.090	0.090	0.890	0.080	0.080	0.150
Dividend Growth	125.00%	-89.89%	1012.50%	0%	-46.67%	11.11%
Gross Margin	29.38%	28.79%	26.52%	24.79%	23.87%	31.50%
Operating Margin	11.52%	11.84%	10.52%	10.65%	11.18%	16.92%
Profit Margin	5.60%	6.61%	6.51%	7.89%	8.03%	12.01%
Free Cash Flow Margin	-0.52%	14.69%	2.34%	4.85%	9.73%	-1.20%
EBITDA	128.16	124.16	91.81	93.55	87.99	138.25
EBITDA Margin	15.34%	16.23%	15.44%	15.33%	15.87%	20.09%
D&A For EBITDA	31.95	33.55	29.25	28.57	26.01	21.82
EBIT	96.22	90.61	62.55	64.99	61.98	116.43
EBIT Margin	11.52%	11.84%	10.52%	10.65%	11.18%	16.92%
Effective Tax Rate	30.09%	28.00%	28.54%	17.44%	21.84%	25.11%

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