HE Group Berhad (KLSE: HEGROUP)

HE Group Berhad Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	216.67	204.2	107.57	100.46	31.39
Revenue Growth (YoY)	590.30%	89.82%	7.08%	220.06%	-
Cost of Revenue	186.06	179.67	92.57	89.92	27.87
Gross Profit	30.62	24.53	15	10.55	3.52
Selling, General & Admin	13.41	9.5	6.84	4.57	3.1
Other Operating Expenses	-1.56	-0.79	-0.77	-0.39	-0.42
Operating Expenses	11.94	8.8	6.18	4.4	2.68
Operating Income	18.68	15.73	8.82	6.14	0.84
Interest Expense	-	-0.2	-0.37	-0.35	-0.28
Interest & Investment Income	0.08	-	-	0.03	0.04
Currency Exchange Gain (Loss)	-	-	-	-0	-
Other Non Operating Income (Expenses)	-0.71	-0.71	-0.47	-0.28	-0.12
EBT Excluding Unusual Items	18.05	14.82	7.98	5.54	0.48
Gain (Loss) on Sale of Investments	-	-	-	-0.06	1.47
Pretax Income	18.01	14.82	7.98	5.48	1.94
Income Tax Expense	5.01	3.86	1.81	1.34	0.24
Net Income	12.99	10.96	6.17	4.13	1.7
Net Income to Common	12.99	10.96	6.17	4.13	1.7
Net Income Growth	665.40%	77.65%	49.23%	143.55%	-
Shares Outstanding (Basic)	418	353	353	1	1
Shares Outstanding (Diluted)	418	353	353	1	1
Shares Change (YoY)	41699.33%	-	35211.03%	-	-
EPS (Basic)	0.03	0.03	0.02	4.13	1.70
EPS (Diluted)	0.03	0.03	0.02	4.13	1.70
EPS Growth	-98.17%	77.65%	-99.58%	143.55%	-
Free Cash Flow	4.43	13.43	8.49	4.36	-6.16
Free Cash Flow Per Share	0.01	0.04	0.02	4.36	-6.16
Dividend Per Share	0.004	0.004	-	-	-
Gross Margin	14.13%	12.01%	13.95%	10.50%	11.22%
Operating Margin	8.62%	7.70%	8.20%	6.12%	2.68%
Profit Margin	6.00%	5.37%	5.74%	4.12%	5.41%
Free Cash Flow Margin	2.04%	6.58%	7.89%	4.34%	-19.63%
EBITDA	18.9	15.89	8.92	6.23	0.93
EBITDA Margin	8.72%	7.78%	8.29%	6.20%	2.96%
D&A For EBITDA	0.22	0.16	0.09	0.08	0.09
EBIT	18.68	15.73	8.82	6.14	0.84
EBIT Margin	8.62%	7.70%	8.20%	6.12%	2.68%
Effective Tax Rate	27.84%	26.05%	22.71%	24.54%	12.56%

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