Farm Fresh Berhad (KLSE: FFB)

Farm Fresh Berhad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	917.52	810.41	629.69	501.92	490.5	303.07
Revenue Growth (YoY)	29.72%	28.70%	25.46%	2.33%	61.84%	70.05%
Cost of Revenue	629.78	594.37	480.04	365.58	349.61	223.01
Gross Profit	287.74	216.04	149.65	136.34	140.89	80.05
Selling, General & Admin	162.1	137.15	87.58	68	64.58	40.01
Other Operating Expenses	3.31	-5.25	-1.27	2.83	1.99	-0.56
Operating Expenses	165.42	131.9	86.31	70.83	66.57	39.45
Operating Income	122.32	84.14	63.34	65.52	74.31	40.6
Interest Expense	-2.04	-1.2	-0.35	-0.33	-0.25	-6.48
Interest & Investment Income	0.17	0.04	0.06	0.06	0.05	0.05
Currency Exchange Gain (Loss)	-	-	-	-	-	0.1
Other Non Operating Income (Expenses)	-14.79	-14.79	-11.17	-9.56	-9.56	-
EBT Excluding Unusual Items	105.66	68.2	51.88	55.69	64.55	34.27
Gain (Loss) on Sale of Assets	0.87	0.87	0.3	0.12	0.46	0.54
Asset Writedown	-	-	-	9.87	0.11	1.32
Other Unusual Items	-	-	-	-	2.46	-
Pretax Income	106.53	69.07	52.17	65.68	67.59	36.18
Income Tax Expense	8.47	5.78	2.24	-12.88	34.76	1.79
Earnings From Continuing Operations	98.06	63.28	49.93	78.57	32.83	34.38
Minority Interest in Earnings	-1.51	0.25	0.15	1.32	3.4	0.84
Net Income	96.55	63.53	50.08	79.89	36.23	35.22
Net Income to Common	96.55	63.53	50.08	79.89	36.23	35.22
Net Income Growth	125.49%	26.86%	-37.31%	120.51%	2.86%	28.37%
Shares Outstanding (Basic)	1,872	1,870	1,858	1,641	1,635	1,635
Shares Outstanding (Diluted)	1,874	1,870	1,862	1,641	1,635	1,728
Shares Change (YoY)	0.54%	0.42%	13.45%	0.37%	-5.39%	61.66%
EPS (Basic)	0.05	0.03	0.03	0.05	0.02	0.02
EPS (Diluted)	0.05	0.03	0.03	0.05	0.02	0.02
EPS Growth	124.04%	26.31%	-44.74%	119.70%	6.43%	-18.88%
Free Cash Flow	15.94	5.49	-161.1	-36.19	-30.39	-51.67
Free Cash Flow Per Share	0.01	0.00	-0.09	-0.02	-0.02	-0.03
Dividend Per Share	0.012	0.012	0.010	0.011	-	-
Dividend Growth	20.00%	20.00%	-6.54%	-	-	-
Gross Margin	31.36%	26.66%	23.77%	27.16%	28.72%	26.41%
Operating Margin	13.33%	10.38%	10.06%	13.05%	15.15%	13.40%
Profit Margin	10.52%	7.84%	7.95%	15.92%	7.39%	11.62%
Free Cash Flow Margin	1.74%	0.68%	-25.58%	-7.21%	-6.20%	-17.05%
EBITDA	166.6	124.35	94.42	92.27	94.29	53.42
EBITDA Margin	18.16%	15.34%	14.99%	18.38%	19.22%	17.63%
D&A For EBITDA	44.28	40.21	31.08	26.75	19.98	12.81
EBIT	122.32	84.14	63.34	65.52	74.31	40.6
EBIT Margin	13.33%	10.38%	10.06%	13.05%	15.15%	13.40%
Effective Tax Rate	7.95%	8.37%	4.29%	-	51.43%	4.96%
Advertising Expenses	-	-	-	-	-	2.74

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