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	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	204.2	204.2	107.57	100.46	31.39
Revenue Growth (YoY)	-	89.82%	7.08%	220.06%	-
Cost of Revenue	179.67	179.67	92.57	89.92	27.87
Gross Profit	24.53	24.53	15	10.55	3.52
Selling, General & Admin	9.5	9.5	6.84	4.57	3.1
Other Operating Expenses	-0.79	-0.79	-0.77	-0.39	-0.42
Operating Expenses	8.8	8.8	6.18	4.4	2.68
Operating Income	15.73	15.73	8.82	6.14	0.84
Interest Expense	-0.2	-0.2	-0.37	-0.35	-0.28
Interest & Investment Income	-	-	-	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	14.82	14.82	7.98	5.54	0.48
Gain (Loss) on Sale of Investments	-	-	-	-0.06	1.47
Pretax Income	14.82	14.82	7.98	5.48	1.94
Income Tax Expense	3.86	3.86	1.81	1.34	0.24
Net Income	10.96	10.96	6.17	4.13	1.7
Net Income to Common	10.96	10.96	6.17	4.13	1.7
Net Income Growth	-	77.65%	49.23%	143.55%	-
Shares Outstanding (Basic)	353	353	353	1	1
Shares Outstanding (Diluted)	353	353	353	1	1
Shares Change (YoY)	-	-	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	-	77.65%	-99.58%	143.55%	-
Free Cash Flow	13.43	13.43	8.49	4.36	-6.16
Free Cash Flow Per Share	0.04	0.04	0.02	4.36	-6.16
Dividend Per Share	0.004	0.004	-	-	-
Gross Margin	12.01%	12.01%	13.95%	10.50%	11.22%
Operating Margin	7.70%	7.70%	8.20%	6.12%	2.68%
Profit Margin	5.37%	5.37%	5.74%	4.12%	5.41%
Free Cash Flow Margin	6.58%	6.58%	7.89%	4.34%	-19.63%
EBITDA	15.89	15.89	8.92	6.23	0.93
EBITDA Margin	7.78%	7.78%	8.29%	6.20%	2.96%
D&A For EBITDA	0.16	0.16	0.09	0.08	0.09
EBIT	15.73	15.73	8.82	6.14	0.84
EBIT Margin	7.70%	7.70%	8.20%	6.12%	2.68%
Effective Tax Rate	26.05%	26.05%	22.71%	24.54%	12.56%

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