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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	866.65	810.41	629.69	501.92	490.5	303.07
Revenue Growth (YoY)	29.13%	28.70%	25.46%	2.33%	61.84%	70.05%
Cost of Revenue	610.54	594.37	480.04	365.58	349.61	223.01
Gross Profit	256.12	216.04	149.65	136.34	140.89	80.05
Selling, General & Admin	151.07	137.15	87.58	68	64.58	40.01
Other Operating Expenses	-2.32	-5.25	-1.27	2.83	1.99	-0.56
Operating Expenses	148.75	131.9	86.31	70.83	66.57	39.45
Operating Income	107.37	84.14	63.34	65.52	74.31	40.6
Interest Expense	-2.08	-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	90.67	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	91.54	69.07	52.17	65.68	67.59	36.18
Income Tax Expense	7.36	5.78	2.24	-12.88	34.76	1.79
Earnings From Continuing Operations	84.18	63.28	49.93	78.57	32.83	34.38
Minority Interest in Earnings	-1.03	0.25	0.15	1.32	3.4	0.84
Net Income	83.15	63.53	50.08	79.89	36.23	35.22
Net Income to Common	83.15	63.53	50.08	79.89	36.23	35.22
Net Income Growth	101.76%	26.86%	-37.31%	120.51%	2.86%	28.37%
Shares Outstanding (Basic)	1,870	1,870	1,858	1,641	1,635	1,635
Shares Outstanding (Diluted)	1,870	1,870	1,862	1,641	1,635	1,728
Shares Change (YoY)	0.30%	0.42%	13.45%	0.37%	-5.39%	61.66%
EPS (Basic)	0.04	0.03	0.03	0.05	0.02	0.02
EPS (Diluted)	0.04	0.03	0.03	0.05	0.02	0.02
EPS Growth	101.37%	26.31%	-44.74%	119.70%	6.43%	-18.88%
Free Cash Flow	-6.89	5.49	-161.1	-36.19	-30.39	-51.67
Free Cash Flow Per Share	-0.00	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	29.55%	26.66%	23.77%	27.16%	28.72%	26.41%
Operating Margin	12.39%	10.38%	10.06%	13.05%	15.15%	13.40%
Profit Margin	9.59%	7.84%	7.95%	15.92%	7.39%	11.62%
Free Cash Flow Margin	-0.79%	0.68%	-25.58%	-7.21%	-6.20%	-17.05%
EBITDA	149.78	124.35	94.42	92.27	94.29	53.42
EBITDA Margin	17.28%	15.34%	14.99%	18.38%	19.22%	17.63%
D&A For EBITDA	42.42	40.21	31.08	26.75	19.98	12.81
EBIT	107.37	84.14	63.34	65.52	74.31	40.6
EBIT Margin	12.39%	10.38%	10.06%	13.05%	15.15%	13.40%
Effective Tax Rate	8.04%	8.37%	4.29%	-	51.43%	4.96%
Advertising Expenses	-	-	-	-	-	2.74

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