Farm Fresh Berhad (KLSE:FFB)

Farm Fresh Berhad Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	1,084	981.18	810.41	629.69	501.92	490.5
Revenue Growth (YoY)	13.84%	21.07%	28.70%	25.46%	2.33%	61.84%
Cost of Revenue	727.52	665.95	594.37	480.04	365.58	349.61
Gross Profit	356.79	315.23	216.04	149.65	136.34	140.89
Selling, General & Admin	195.57	176.82	137.15	87.58	68	64.58
Other Operating Expenses	3.91	6.83	-5.61	-1.27	2.83	1.99
Operating Expenses	199.48	183.64	131.55	86.31	70.83	66.57
Operating Income	157.31	131.59	84.5	63.34	65.52	74.31
Interest Expense	-1.9	-1.55	-1.2	-0.35	-0.33	-0.25
Interest & Investment Income	-	0.03	0.04	0.06	0.06	0.05
Other Non Operating Income (Expenses)	-14.33	-15.09	-14.79	-11.17	-9.56	-9.56
EBT Excluding Unusual Items	140.99	114.98	68.56	51.88	55.69	64.55
Gain (Loss) on Sale of Assets	0.25	0.25	0.51	0.3	0.12	0.46
Asset Writedown	3.29	-	-	-	9.87	0.11
Other Unusual Items	-	-	-	-	-	2.46
Pretax Income	144.53	115.23	69.07	52.17	65.68	67.59
Income Tax Expense	11.73	7.92	5.78	2.24	-12.88	34.76
Earnings From Continuing Operations	132.8	107.32	63.28	49.93	78.57	32.83
Minority Interest in Earnings	-2.74	-0.92	0.25	0.15	1.32	3.4
Net Income	130.06	106.4	63.53	50.08	79.89	36.23
Net Income to Common	130.06	106.4	63.53	50.08	79.89	36.23
Net Income Growth	27.55%	67.47%	26.86%	-37.31%	120.51%	2.86%
Shares Outstanding (Basic)	1,877	1,874	1,870	1,858	1,641	1,635
Shares Outstanding (Diluted)	1,883	1,878	1,870	1,862	1,641	1,635
Shares Change (YoY)	0.39%	0.47%	0.42%	13.46%	0.37%	-5.39%
EPS (Basic)	0.07	0.06	0.03	0.03	0.05	0.02
EPS (Diluted)	0.07	0.06	0.03	0.03	0.05	0.02
EPS Growth	26.85%	66.57%	26.31%	-44.74%	119.70%	6.43%
Free Cash Flow	-48.72	25.08	5.49	-161.1	-36.19	-30.39
Free Cash Flow Per Share	-0.03	0.01	0.00	-0.09	-0.02	-0.02
Dividend Per Share	0.010	0.020	0.012	0.010	0.011	-
Dividend Growth	-54.55%	66.67%	20.00%	-6.54%	-	-
Gross Margin	32.91%	32.13%	26.66%	23.77%	27.16%	28.72%
Operating Margin	14.51%	13.41%	10.43%	10.06%	13.05%	15.15%
Profit Margin	12.00%	10.84%	7.84%	7.95%	15.92%	7.39%
Free Cash Flow Margin	-4.49%	2.56%	0.68%	-25.58%	-7.21%	-6.20%
EBITDA	210.96	179.71	124.71	94.42	92.27	94.29
EBITDA Margin	19.46%	18.32%	15.39%	14.99%	18.38%	19.22%
D&A For EBITDA	53.65	48.12	40.21	31.08	26.75	19.98
EBIT	157.31	131.59	84.5	63.34	65.52	74.31
EBIT Margin	14.51%	13.41%	10.43%	10.06%	13.05%	15.15%
Effective Tax Rate	8.11%	6.87%	8.38%	4.29%	-	51.43%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.