Ibraco Berhad (KLSE: IBRACO)

Ibraco Berhad 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	431.76	391.87	272.17	273.37	308.49	371.25
Revenue Growth (YoY)	16.99%	43.98%	-0.44%	-11.39%	-16.90%	55.28%
Cost of Revenue	304.06	269.03	183.94	193.72	223.27	278.86
Gross Profit	127.7	122.84	88.24	79.65	85.23	92.39
Selling, General & Admin	67.77	55.77	41.36	39.56	30.07	34.19
Other Operating Expenses	0.85	-	-	-2.61	-5.9	-1.71
Operating Expenses	68.62	55.77	41.36	36.95	24.16	32.48
Operating Income	59.08	67.06	46.88	42.7	61.07	59.9
Interest Expense	-14.49	-12.94	-9.32	-9.19	-10.15	-11.32
Interest & Investment Income	1.18	1.09	0.57	-	-	0
Earnings From Equity Investments	0.05	0.05	-0.4	-0.93	-2.38	-
Other Non Operating Income (Expenses)	7.59	7.45	5.07	-	-	-
EBT Excluding Unusual Items	53.41	62.71	42.8	32.58	48.54	48.59
Gain (Loss) on Sale of Assets	0.13	0.01	0.73	-	-	-
Pretax Income	53.54	62.73	43.52	32.58	48.54	48.59
Income Tax Expense	16.53	17.38	12.43	8.85	13.61	13.21
Earnings From Continuing Operations	37.01	45.35	31.09	23.73	34.92	35.37
Minority Interest in Earnings	-0.31	0.69	-0.68	-0.25	-0.01	-0.76
Net Income	36.7	46.04	30.41	23.49	34.92	34.61
Net Income to Common	36.7	46.04	30.41	23.49	34.92	34.61
Net Income Growth	-26.85%	51.39%	29.48%	-32.73%	0.88%	28.46%
Shares Outstanding (Basic)	546	546	546	507	496	496
Shares Outstanding (Diluted)	546	546	546	507	496	496
Shares Change (YoY)	-	-	7.64%	2.19%	-	-
EPS (Basic)	0.07	0.08	0.06	0.05	0.07	0.07
EPS (Diluted)	0.06	0.08	0.06	0.05	0.07	0.07
EPS Growth	-31.54%	43.65%	20.29%	-33.86%	0.39%	39.46%
Free Cash Flow	-74.37	-21.78	12.19	32.49	60.66	9.78
Free Cash Flow Per Share	-0.14	-0.04	0.02	0.06	0.12	0.02
Dividend Per Share	0.020	0.035	0.020	0.020	0.020	0.010
Dividend Growth	-42.86%	75.00%	0%	0%	100.00%	-33.33%
Gross Margin	29.58%	31.35%	32.42%	29.14%	27.63%	24.89%
Operating Margin	13.68%	17.11%	17.22%	15.62%	19.79%	16.14%
Profit Margin	8.50%	11.75%	11.17%	8.59%	11.32%	9.32%
Free Cash Flow Margin	-17.22%	-5.56%	4.48%	11.89%	19.66%	2.63%
EBITDA	67.55	73.77	52.54	49.24	63.95	62.04
EBITDA Margin	15.64%	18.82%	19.30%	18.01%	20.73%	16.71%
D&A For EBITDA	8.47	6.7	5.66	6.53	2.88	2.13
EBIT	59.08	67.06	46.88	42.7	61.07	59.9
EBIT Margin	13.68%	17.11%	17.22%	15.62%	19.79%	16.14%
Effective Tax Rate	30.87%	27.71%	28.56%	27.15%	28.05%	27.20%

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