Farm Fresh Berhad Income Statement

Financials in millions MYR. Fiscal year is April - March.

Millions MYR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020	2019
Revenue	952.49	810.41	629.69	501.92	490.5	303.07	Upgrade
Revenue Growth (YoY)	25.87%	28.70%	25.46%	2.33%	61.84%	70.05%	Upgrade
Cost of Revenue	649.36	594.37	480.04	365.58	349.61	223.01	Upgrade
Gross Profit	303.13	216.04	149.65	136.34	140.89	80.05	Upgrade
Selling, General & Admin	171.16	137.15	87.58	68	64.58	40.01	Upgrade
Other Operating Expenses	5.75	-5.25	-1.27	2.83	1.99	-0.56	Upgrade
Operating Expenses	176.9	131.9	86.31	70.83	66.57	39.45	Upgrade
Operating Income	126.22	84.14	63.34	65.52	74.31	40.6	Upgrade
Interest Expense	-1.77	-1.2	-0.35	-0.33	-0.25	-6.48	Upgrade
Interest & Investment Income	0.12	0.04	0.06	0.06	0.05	0.05	Upgrade
Currency Exchange Gain (Loss)	-	-	-	-	-	0.1	Upgrade
Other Non Operating Income (Expenses)	-14.79	-14.79	-11.17	-9.56	-9.56	-	Upgrade
EBT Excluding Unusual Items	109.79	68.2	51.88	55.69	64.55	34.27	Upgrade
Gain (Loss) on Sale of Assets	0.87	0.87	0.3	0.12	0.46	0.54	Upgrade
Asset Writedown	-	-	-	9.87	0.11	1.32	Upgrade
Other Unusual Items	-	-	-	-	2.46	-	Upgrade
Pretax Income	110.66	69.07	52.17	65.68	67.59	36.18	Upgrade
Income Tax Expense	6.98	5.78	2.24	-12.88	34.76	1.79	Upgrade
Earnings From Continuing Operations	103.68	63.28	49.93	78.57	32.83	34.38	Upgrade
Minority Interest in Earnings	-1.71	0.25	0.15	1.32	3.4	0.84	Upgrade
Net Income	101.97	63.53	50.08	79.89	36.23	35.22	Upgrade
Net Income to Common	101.97	63.53	50.08	79.89	36.23	35.22	Upgrade
Net Income Growth	129.20%	26.86%	-37.31%	120.51%	2.86%	28.37%	Upgrade
Shares Outstanding (Basic)	1,873	1,870	1,858	1,641	1,635	1,635	Upgrade
Shares Outstanding (Diluted)	1,876	1,870	1,862	1,641	1,635	1,728	Upgrade
Shares Change (YoY)	0.48%	0.42%	13.46%	0.37%	-5.39%	61.66%	Upgrade
EPS (Basic)	0.05	0.03	0.03	0.05	0.02	0.02	Upgrade
EPS (Diluted)	0.05	0.03	0.03	0.05	0.02	0.02	Upgrade
EPS Growth	128.44%	26.31%	-44.74%	119.70%	6.43%	-18.88%	Upgrade
Free Cash Flow	14.68	5.49	-161.1	-36.19	-30.39	-51.67	Upgrade
Free Cash Flow Per Share	0.01	0.00	-0.09	-0.02	-0.02	-0.03	Upgrade
Dividend Per Share	0.022	0.012	0.010	0.011	-	-	Upgrade
Dividend Growth	120.00%	20.00%	-6.54%	-	-	-	Upgrade
Gross Margin	31.82%	26.66%	23.77%	27.16%	28.72%	26.41%	Upgrade
Operating Margin	13.25%	10.38%	10.06%	13.05%	15.15%	13.40%	Upgrade
Profit Margin	10.71%	7.84%	7.95%	15.92%	7.39%	11.62%	Upgrade
Free Cash Flow Margin	1.54%	0.68%	-25.58%	-7.21%	-6.20%	-17.05%	Upgrade
EBITDA	172.49	124.35	94.42	92.27	94.29	53.42	Upgrade
EBITDA Margin	18.11%	15.34%	14.99%	18.38%	19.22%	17.63%	Upgrade
D&A For EBITDA	46.26	40.21	31.08	26.75	19.98	12.81	Upgrade
EBIT	126.22	84.14	63.34	65.52	74.31	40.6	Upgrade
EBIT Margin	13.25%	10.38%	10.06%	13.05%	15.15%	13.40%	Upgrade
Effective Tax Rate	6.31%	8.38%	4.29%	-	51.43%	4.96%	Upgrade
Advertising Expenses	-	-	-	-	-	2.74	Upgrade

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.