GDEX Berhad Income Statement

Financials in millions MYR. Fiscal year is January - December.

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	416.33	419.17	397.18	383.47	424.62
Revenue Growth (YoY)	-0.68%	5.54%	3.57%	-9.69%	-1.37%
Cost of Revenue	419.59	335	347.68	324.77	317.33
Gross Profit	-3.26	84.17	49.5	58.7	107.3
Amortization of Goodwill & Intangibles	-	0.74	0.77	0.26	-
Other Operating Expenses	-7.9	23.54	27.92	20.49	23.13
Operating Expenses	-7.9	77.26	84.04	73.69	69.26
Operating Income	4.63	6.91	-34.54	-15	38.03
Interest Expense	-4.64	-4.68	-5.01	-4.4	-4.5
Earnings From Equity Investments	0.12	0.16	0.14	0.03	5.25
Other Non Operating Income (Expenses)	-	-0.14	0.01	-0.02	-
EBT Excluding Unusual Items	0.11	2.26	-39.39	-19.38	38.79
Pretax Income	0.11	2.26	-39.39	-19.38	38.79
Income Tax Expense	2.73	4.22	-0.68	-4.03	10.5
Earnings From Continuing Operations	-2.62	-1.96	-38.71	-15.34	28.29
Minority Interest in Earnings	0.9	0.1	3.91	-1.92	-0.64
Net Income	-1.72	-1.86	-34.8	-17.27	27.64
Net Income to Common	-1.72	-1.86	-34.8	-17.27	27.64
Net Income Growth	-	-	-	-	5.96%
Shares Outstanding (Basic)	5,528	5,641	5,546	5,579	5,615
Shares Outstanding (Diluted)	5,528	5,641	5,546	5,579	5,615
Shares Change (YoY)	-2.01%	1.72%	-0.59%	-0.64%	-0.47%
EPS (Basic)	-0.00	-0.00	-0.01	-0.00	0.00
EPS (Diluted)	-0.00	-0.00	-0.01	-0.00	0.00
EPS Growth	-	-	-	-	6.44%
Free Cash Flow	32.3	37.49	11.49	3.98	65.8
Free Cash Flow Per Share	0.01	0.01	0.00	0.00	0.01
Dividend Per Share	0.002	0.002	0.001	0.002	0.001
Dividend Growth	-	100.00%	-33.33%	12.53%	-
Gross Margin	-0.78%	20.08%	12.46%	15.31%	25.27%
Operating Margin	1.11%	1.65%	-8.70%	-3.91%	8.96%
Profit Margin	-0.41%	-0.44%	-8.76%	-4.50%	6.51%
Free Cash Flow Margin	7.76%	8.94%	2.89%	1.04%	15.50%
EBITDA	52.32	33.36	-6.24	13.56	63.57
EBITDA Margin	12.57%	7.96%	-1.57%	3.54%	14.97%
D&A For EBITDA	47.69	26.45	28.29	28.55	25.54
EBIT	4.63	6.91	-34.54	-15	38.03
EBIT Margin	1.11%	1.65%	-8.70%	-3.91%	8.96%
Effective Tax Rate	2550.47%	186.56%	-	-	27.07%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.