Frontken Corporation Berhad (KLSE: FRONTKN)

FRONTKN 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	551.23	500.15	517.18	450.22	368.32	339.91
Revenue Growth (YoY)	9.39%	-3.29%	14.87%	22.24%	8.36%	3.88%
Cost of Revenue	302.76	268.27	267.59	236.38	202.95	191.81
Gross Profit	248.47	231.88	249.59	213.84	165.37	148.11
Selling, General & Admin	61.54	61.54	69.16	57.59	50.43	43.91
Other Operating Expenses	7.72	12	12.2	11.76	10.84	-
Operating Expenses	69.42	73.05	82.12	69.21	61.48	43.91
Operating Income	179.05	158.83	167.47	144.63	103.89	104.2
Interest Expense	-0.83	-1.05	-0.83	-0.61	-0.67	-0.76
Interest & Investment Income	4.52	4.52	1.25	0.84	1.25	1.15
Other Non Operating Income (Expenses)	4.77	4.77	6.9	5.01	9.78	-8.33
EBT Excluding Unusual Items	187.51	167.07	174.79	149.87	114.25	96.26
Gain (Loss) on Sale of Investments	-	-	-	-	-	0
Pretax Income	187.51	167.07	174.79	149.87	114.25	96.26
Income Tax Expense	45.47	42.73	39.62	35.64	25.93	22.03
Earnings From Continuing Operations	142.04	124.34	135.17	114.22	88.32	74.23
Minority Interest in Earnings	-13.62	-12.39	-11.88	-9.72	-6.35	-5.06
Net Income	128.42	111.95	123.29	104.5	81.97	69.17
Net Income to Common	128.42	111.95	123.29	104.5	81.97	69.17
Net Income Growth	14.57%	-9.20%	17.98%	27.49%	18.50%	32.37%
Shares Outstanding (Basic)	1,575	1,573	1,572	1,571	1,572	1,572
Shares Outstanding (Diluted)	1,575	1,573	1,572	1,571	1,572	1,572
Shares Change (YoY)	0.09%	0.06%	0.03%	-0.05%	0.01%	-
EPS (Basic)	0.08	0.07	0.08	0.07	0.05	0.04
EPS (Diluted)	0.08	0.07	0.08	0.07	0.05	0.04
EPS Growth	14.53%	-9.22%	17.89%	27.64%	18.41%	32.36%
Free Cash Flow	140.74	128.85	90.2	55.94	111.99	107.88
Free Cash Flow Per Share	0.09	0.08	0.06	0.04	0.07	0.07
Dividend Per Share	0.039	0.022	0.042	0.040	0.027	0.017
Dividend Growth	50.00%	-47.62%	5.00%	49.81%	59.88%	67.00%
Gross Margin	45.08%	46.36%	48.26%	47.50%	44.90%	43.57%
Operating Margin	32.48%	31.76%	32.38%	32.13%	28.21%	30.65%
Profit Margin	23.30%	22.38%	23.84%	23.21%	22.25%	20.35%
Free Cash Flow Margin	25.53%	25.76%	17.44%	12.43%	30.41%	31.74%
EBITDA	196.45	175.42	181.81	159.21	119.17	119.97
EBITDA Margin	35.64%	35.07%	35.15%	35.36%	32.35%	35.30%
D&A For EBITDA	17.41	16.6	14.33	14.57	15.27	15.78
EBIT	179.05	158.83	167.47	144.63	103.89	104.2
EBIT Margin	32.48%	31.76%	32.38%	32.13%	28.21%	30.65%
Effective Tax Rate	24.25%	25.57%	22.67%	23.78%	22.70%	22.89%

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