GFM Services 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	208.52	190.35	145.91	140.8	124.12
Revenue Growth (YoY)	9.54%	30.45%	3.63%	13.43%	5.61%
Cost of Revenue	140.77	118.8	80.4	85.33	79.14
Gross Profit	67.75	71.55	65.52	55.46	44.98
Selling, General & Admin	21.02	15.65	10.99	7.94	6.69
Other Operating Expenses	-3.45	-4.17	-0.78	-1.35	-0.33
Operating Expenses	17.57	11.47	10.21	6.6	6.37
Operating Income	50.18	60.07	55.31	48.87	38.61
Interest Expense	-26.24	-21.17	-19.47	-20.31	-21.07
Interest & Investment Income	-	1.83	1.25	1	0.89
Earnings From Equity Investments	0.43	0.52	2.92	0.02	0.01
EBT Excluding Unusual Items	24.37	41.25	40.01	29.58	18.43
Gain (Loss) on Sale of Investments	-	-	-0.32	-	-
Pretax Income	24.37	41.25	39.69	29.58	18.43
Income Tax Expense	8.98	17.55	13.25	11.3	8.42
Earnings From Continuing Operations	15.4	23.71	26.44	18.29	10.01
Minority Interest in Earnings	-0.27	-	-	-	-
Net Income	15.12	23.71	26.44	18.29	10.01
Net Income to Common	15.12	23.71	26.44	18.29	10.01
Net Income Growth	-36.20%	-10.33%	44.57%	82.69%	16.89%
Shares Outstanding (Basic)	760	747	690	576	537
Shares Outstanding (Diluted)	1,139	1,127	690	576	537
Shares Change (YoY)	1.11%	63.18%	19.80%	7.38%	8.06%
EPS (Basic)	0.02	0.03	0.04	0.03	0.02
EPS (Diluted)	0.01	0.02	0.04	0.03	0.02
EPS Growth	-36.67%	-45.15%	20.78%	70.43%	8.14%
Free Cash Flow	15.26	38.6	28.19	25.33	29.06
Free Cash Flow Per Share	0.01	0.03	0.04	0.04	0.05
Dividend Per Share	-	0.013	0.015	0.002	-
Dividend Growth	-	-18.83%	790.17%	-	-
Gross Margin	32.49%	37.59%	44.90%	39.39%	36.24%
Operating Margin	24.07%	31.56%	37.91%	34.71%	31.11%
Profit Margin	7.25%	12.45%	18.12%	12.99%	8.06%
Free Cash Flow Margin	7.32%	20.28%	19.32%	17.99%	23.41%
EBITDA	53.75	62.65	57.86	51.37	41.07
EBITDA Margin	25.77%	32.91%	39.65%	36.49%	33.09%
D&A For EBITDA	3.57	2.57	2.55	2.51	2.45
EBIT	50.18	60.07	55.31	48.87	38.61
EBIT Margin	24.07%	31.56%	37.91%	34.71%	31.11%
Effective Tax Rate	36.82%	42.53%	33.39%	38.19%	45.70%

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