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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	875.19	765.16	594.77	610.22	554.45	687.99
Revenue Growth (YoY)	31.84%	28.65%	-2.53%	10.06%	-19.41%	29.67%
Cost of Revenue	665.77	544.85	437.06	458.97	422.13	471.25
Gross Profit	209.42	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	-4.93	-7.82	-7.03	-6.15	-11.38	-1.27
Operating Expenses	156.38	129.7	95.16	86.26	70.34	100.32
Operating Income	53.04	90.61	62.55	64.99	61.98	116.43
Interest Expense	-8.47	-9.34	-6.75	-4.93	-2.81	-3.12
Interest & Investment Income	3.82	3.81	3.98	5.84	10.04	8.71
Earnings From Equity Investments	-1.24	0.82	-0.16	-1.79	-3.94	-2.15
Currency Exchange Gain (Loss)	24.78	-	-	-	-	-
Other Non Operating Income (Expenses)	-3.18	-2.13	0.06	1.26	-0.77	-0.66
EBT Excluding Unusual Items	68.74	83.78	59.67	65.37	64.49	119.21
Gain (Loss) on Sale of Assets	-1.35	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	67.04	85.35	59.57	63.91	64.43	119.79
Income Tax Expense	27.57	23.9	17	11.15	14.07	30.08
Earnings From Continuing Operations	39.47	61.46	42.57	52.76	50.36	89.71
Minority Interest in Earnings	-12.33	-10.9	-3.88	-4.64	-5.86	-7.05
Net Income	27.14	50.55	38.69	48.12	44.5	82.66
Net Income to Common	27.14	50.55	38.69	48.12	44.5	82.66
Net Income Growth	-46.14%	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)	-0.87%	1.38%	4.40%	0.03%	-0.32%	1.47%
EPS (Basic)	0.12	0.22	0.17	0.22	0.20	0.37
EPS (Diluted)	0.11	0.21	0.17	0.21	0.20	0.37
EPS Growth	-45.65%	28.88%	-22.95%	8.10%	-45.99%	28.64%
Free Cash Flow	-11.67	112.43	13.89	29.63	53.97	-8.26
Free Cash Flow Per Share	-0.05	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	23.93%	28.79%	26.52%	24.79%	23.87%	31.50%
Operating Margin	6.06%	11.84%	10.52%	10.65%	11.18%	16.92%
Profit Margin	3.10%	6.61%	6.51%	7.89%	8.03%	12.01%
Free Cash Flow Margin	-1.33%	14.69%	2.34%	4.85%	9.73%	-1.20%
EBITDA	84.85	124.16	91.81	93.55	87.99	138.25
EBITDA Margin	9.70%	16.23%	15.44%	15.33%	15.87%	20.09%
D&A For EBITDA	31.81	33.55	29.25	28.57	26.01	21.82
EBIT	53.04	90.61	62.55	64.99	61.98	116.43
EBIT Margin	6.06%	11.84%	10.52%	10.65%	11.18%	16.92%
Effective Tax Rate	41.13%	28.00%	28.54%	17.44%	21.84%	25.11%

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