Steel Hawk Berhad Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	103.1	78.42	72.54	66.33	24.85	19.87
Revenue Growth (YoY)	25.79%	8.12%	9.36%	166.96%	25.07%	-2.86%
Cost of Revenue	55.85	44.31	51.7	50.3	14.03	9.79
Gross Profit	47.24	34.11	20.83	16.03	10.82	10.07
Selling, General & Admin	25.9	14.21	9.38	7.4	7.59	6.08
Other Operating Expenses	-0.38	-0.38	-0.09	-0.07	-0.16	-0.28
Operating Expenses	25.52	13.83	9.28	7.4	7.42	5.8
Operating Income	21.72	20.29	11.55	8.63	3.39	4.27
Interest Expense	-2.23	-2.01	-1.31	-0.45	-0.23	-0.33
Interest & Investment Income	0.05	0.08	0.09	0.03	0.01	0.09
Other Non Operating Income (Expenses)	-0.07	-0.07	-0.04	-0.02	-0.04	-0.03
EBT Excluding Unusual Items	19.48	18.28	10.29	8.19	3.14	4.01
Gain (Loss) on Sale of Assets	-0.24	-0.24	0.06	0.01	0.01	0
Pretax Income	19.24	18.04	10.34	8.2	3.14	4.02
Income Tax Expense	5.25	5.39	3.12	2.38	1.06	1.07
Net Income	13.99	12.65	7.22	5.81	2.08	2.95
Net Income to Common	13.99	12.65	7.22	5.81	2.08	2.95
Net Income Growth	31.67%	75.23%	24.25%	179.38%	-29.47%	545.30%
Shares Outstanding (Basic)	429	429	400	400	400	400
Shares Outstanding (Diluted)	429	429	400	400	400	400
Shares Change (YoY)	7.32%	7.32%	-	-	-	10566.67%
EPS (Basic)	0.03	0.03	0.02	0.01	0.01	0.01
EPS (Diluted)	0.03	0.03	0.02	0.01	0.01	0.01
EPS Growth	22.70%	63.29%	24.25%	179.37%	-29.46%	-93.95%
Free Cash Flow	-4.68	-21.88	-1.86	2.5	-0.28	4.25
Free Cash Flow Per Share	-0.01	-0.05	-0.01	0.01	-0.00	0.01
Dividend Per Share	-	-	-	0.002	0.002	-
Dividend Growth	-	-	-	37.50%	-	-
Gross Margin	45.82%	43.50%	28.72%	24.17%	43.53%	50.70%
Operating Margin	21.07%	25.87%	15.93%	13.01%	13.66%	21.51%
Profit Margin	13.57%	16.13%	9.95%	8.76%	8.37%	14.85%
Free Cash Flow Margin	-4.54%	-27.90%	-2.56%	3.77%	-1.12%	21.37%
EBITDA	23.18	21.13	12.26	9.22	3.93	4.79
EBITDA Margin	22.49%	26.94%	16.90%	13.91%	15.83%	24.12%
D&A For EBITDA	1.46	0.84	0.71	0.59	0.54	0.52
EBIT	21.72	20.29	11.55	8.63	3.39	4.27
EBIT Margin	21.07%	25.87%	15.93%	13.01%	13.66%	21.51%
Effective Tax Rate	27.28%	29.87%	30.20%	29.09%	33.84%	26.57%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.