Gadang Holdings Berhad (KLSE:GADANG)

Gadang Holdings Berhad Income Statement

Financials in millions MYR. Fiscal year is June - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Revenue	928.56	779.81	591.92	496.07	651.99	574.77
Revenue Growth (YoY)	51.99%	31.74%	19.32%	-23.91%	13.44%	-14.60%
Cost of Revenue	839.04	704.9	515.2	433.38	518.84	494.23
Gross Profit	89.52	74.92	76.73	62.7	133.15	80.54
Selling, General & Admin	45.2	45.07	43.77	46.3	46.34	43.31
Other Operating Expenses	-0.56	1.08	-0.55	1.19	-1.64	0.94
Operating Expenses	61.05	59.38	61.33	57.97	53.28	51.61
Operating Income	28.47	15.54	15.39	4.73	79.87	28.93
Interest Expense	-8.63	-8.51	-11.37	-12.32	-12.43	-13.57
Interest & Investment Income	3.11	3.11	9.95	3.14	3.27	3.77
Earnings From Equity Investments	3.5	6.8	-0.33	-3.12	-1.35	0.3
Currency Exchange Gain (Loss)	0.01	0.01	-	2.13	1.9	-
Other Non Operating Income (Expenses)	-1.05	-0.01	0.01	-5.21	-	-
EBT Excluding Unusual Items	25.4	16.94	13.65	-10.66	71.26	19.43
Impairment of Goodwill	-	-	-	-10.63	-5.94	-
Gain (Loss) on Sale of Investments	1.83	1.83	1.94	1.82	0.62	0.21
Gain (Loss) on Sale of Assets	-0.73	-0.73	-1.01	1.02	4.21	2.89
Asset Writedown	-	-	-0.11	-9.44	-	-0.57
Pretax Income	26.49	18.03	14.47	-27.9	70.15	21.96
Income Tax Expense	13	11.03	13.97	13.3	26.98	8.69
Earnings From Continuing Operations	13.49	7	0.5	-41.2	43.17	13.26
Net Income to Company	13.49	7	0.5	-41.2	43.17	13.26
Minority Interest in Earnings	4.56	3.74	4.22	11.87	-1.51	-0.36
Net Income	18.05	10.74	4.71	-29.32	41.66	12.9
Net Income to Common	18.05	10.74	4.71	-29.32	41.66	12.9
Net Income Growth	281.78%	127.89%	-	-	222.87%	-63.62%
Shares Outstanding (Basic)	794	777	728	728	728	728
Shares Outstanding (Diluted)	794	777	728	728	728	728
Shares Change (YoY)	8.89%	6.69%	-	-	-	0.30%
EPS (Basic)	0.02	0.01	0.01	-0.04	0.06	0.02
EPS (Diluted)	0.02	0.01	0.01	-0.04	0.06	0.02
EPS Growth	250.30%	113.29%	-	-	223.16%	-63.77%
Free Cash Flow	152.91	63.83	3.18	33.68	134.14	-112.68
Free Cash Flow Per Share	0.19	0.08	0.00	0.05	0.18	-0.15
Dividend Per Share	0.003	0.003	-	-	0.007	0.003
Dividend Growth	-	-	-	-	133.33%	-70.00%
Gross Margin	9.64%	9.61%	12.96%	12.64%	20.42%	14.01%
Operating Margin	3.07%	1.99%	2.60%	0.95%	12.25%	5.03%
Profit Margin	1.94%	1.38%	0.80%	-5.91%	6.39%	2.25%
Free Cash Flow Margin	16.47%	8.19%	0.54%	6.79%	20.57%	-19.60%
EBITDA	45.84	33.49	33.71	18.25	95.3	42.92
EBITDA Margin	4.94%	4.29%	5.70%	3.68%	14.62%	7.47%
D&A For EBITDA	17.37	17.95	18.32	13.53	15.43	14
EBIT	28.47	15.54	15.39	4.73	79.87	28.93
EBIT Margin	3.07%	1.99%	2.60%	0.95%	12.25%	5.03%
Effective Tax Rate	49.08%	61.18%	96.58%	-	38.46%	39.59%

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