Greatech Technology Berhad (KLSE: GREATEC)

GREATEC 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	737.21	658.75	546.21	402.22	261.13	215.94
Revenue Growth (YoY)	21.80%	20.60%	35.80%	54.03%	20.93%	-1.66%
Cost of Revenue	510.68	454.44	382.79	232.28	147.64	143.08
Gross Profit	226.53	204.31	163.42	169.94	113.48	72.86
Selling, General & Admin	64.49	64.49	48.78	42.3	32.26	24.25
Other Operating Expenses	-3.56	0.25	3.2	-0.18	0.66	0.01
Operating Expenses	61.49	65.3	52.46	42.55	32.99	24.38
Operating Income	165.03	139.01	110.96	127.39	80.49	48.48
Interest Expense	-0.86	-0.69	-0.56	-0.67	-0.94	-0.9
Interest & Investment Income	7.56	7.56	1.55	3.59	4.93	3.41
Currency Exchange Gain (Loss)	14.31	14.31	9.7	13.13	4.89	4.9
Other Non Operating Income (Expenses)	-4.33	5.89	6.25	1.73	0.67	1.63
EBT Excluding Unusual Items	181.71	166.07	127.9	145.17	90.05	57.51
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.06
Other Unusual Items	0	0	-	0.07	0.03	-
Pretax Income	181.71	166.07	127.9	145.24	90.08	57.57
Income Tax Expense	13.09	11.7	-3.99	3.49	2.23	5.28
Net Income	168.62	154.36	131.89	141.75	87.85	52.3
Net Income to Common	168.62	154.36	131.89	141.75	87.85	52.3
Net Income Growth	17.14%	17.04%	-6.96%	61.36%	67.98%	64.88%
Shares Outstanding (Basic)	2,507	2,505	2,505	2,504	2,504	1,853
Shares Outstanding (Diluted)	2,512	2,512	2,515	2,504	2,504	1,853
Shares Change (YoY)	-0.35%	-0.11%	0.44%	0.01%	35.12%	-25.99%
EPS (Basic)	0.07	0.06	0.05	0.06	0.04	0.03
EPS (Diluted)	0.07	0.06	0.05	0.06	0.04	0.03
EPS Growth	17.56%	17.15%	-7.25%	61.34%	24.32%	122.78%
Free Cash Flow	-10.06	-133.7	26.16	81.33	73.75	92.02
Free Cash Flow Per Share	-0.00	-0.05	0.01	0.03	0.03	0.05
Gross Margin	30.73%	31.01%	29.92%	42.25%	43.46%	33.74%
Operating Margin	22.39%	21.10%	20.31%	31.67%	30.82%	22.45%
Profit Margin	22.87%	23.43%	24.15%	35.24%	33.64%	24.22%
Free Cash Flow Margin	-1.36%	-20.30%	4.79%	20.22%	28.24%	42.62%
EBITDA	179.96	151.92	119.5	132.26	84.29	50.74
EBITDA Margin	24.41%	23.06%	21.88%	32.88%	32.28%	23.50%
D&A For EBITDA	14.92	12.91	8.54	4.87	3.8	2.27
EBIT	165.03	139.01	110.96	127.39	80.49	48.48
EBIT Margin	22.39%	21.10%	20.31%	31.67%	30.82%	22.45%
Effective Tax Rate	7.20%	7.05%	-	2.40%	2.48%	9.16%

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