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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	397.84	391.87	272.17	273.37	308.49	371.25
Revenue Growth (YoY)	27.11%	43.98%	-0.44%	-11.39%	-16.90%	55.28%
Cost of Revenue	279.46	269.03	183.94	193.72	223.27	278.86
Gross Profit	118.38	122.84	88.24	79.65	85.23	92.39
Selling, General & Admin	64.42	55.77	41.36	39.56	30.07	34.19
Other Operating Expenses	0.15	-	-	-2.61	-5.9	-1.71
Operating Expenses	64.57	55.77	41.36	36.95	24.16	32.48
Operating Income	53.81	67.06	46.88	42.7	61.07	59.9
Interest Expense	-13.98	-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)	7.46	7.45	5.07	-	-	-
EBT Excluding Unusual Items	48.52	62.71	42.8	32.58	48.54	48.59
Gain (Loss) on Sale of Assets	0.13	0.01	0.73	-	-	-
Pretax Income	48.65	62.73	43.52	32.58	48.54	48.59
Income Tax Expense	14.83	17.38	12.43	8.85	13.61	13.21
Earnings From Continuing Operations	33.82	45.35	31.09	23.73	34.92	35.37
Minority Interest in Earnings	0.07	0.69	-0.68	-0.25	-0.01	-0.76
Net Income	33.89	46.04	30.41	23.49	34.92	34.61
Net Income to Common	33.89	46.04	30.41	23.49	34.92	34.61
Net Income Growth	-23.54%	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)	0.06	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	-28.92%	43.65%	20.29%	-33.86%	0.39%	39.46%
Free Cash Flow	-42.15	-21.78	12.19	32.49	60.66	9.78
Free Cash Flow Per Share	-0.08	-0.04	0.02	0.06	0.12	0.02
Dividend Per Share	0.035	0.035	0.020	0.020	0.020	0.010
Dividend Growth	75.00%	75.00%	0%	0%	100.00%	-33.33%
Gross Margin	29.75%	31.35%	32.42%	29.14%	27.63%	24.89%
Operating Margin	13.52%	17.11%	17.22%	15.62%	19.79%	16.14%
Profit Margin	8.52%	11.75%	11.17%	8.59%	11.32%	9.32%
Free Cash Flow Margin	-10.59%	-5.56%	4.48%	11.89%	19.66%	2.63%
EBITDA	61.85	73.77	52.54	49.24	63.95	62.04
EBITDA Margin	15.55%	18.82%	19.30%	18.01%	20.73%	16.71%
D&A For EBITDA	8.05	6.7	5.66	6.53	2.88	2.13
EBIT	53.81	67.06	46.88	42.7	61.07	59.9
EBIT Margin	13.52%	17.11%	17.22%	15.62%	19.79%	16.14%
Effective Tax Rate	30.49%	27.71%	28.56%	27.15%	28.05%	27.20%

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