Ibraco Berhad (KLSE:IBRACO)

Ibraco Berhad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	765.37	562.85	391.87	272.17	273.37	308.49
Revenue Growth (YoY)	92.38%	43.63%	43.98%	-0.44%	-11.39%	-16.90%
Cost of Revenue	601.88	417.15	269.03	183.94	193.72	223.27
Gross Profit	163.49	145.69	122.84	88.24	79.65	85.23
Selling, General & Admin	63.21	68.29	55.77	41.36	39.56	30.07
Other Operating Expenses	-2.4	-2.4	-1.82	-	-2.61	-5.9
Operating Expenses	60.81	65.89	53.95	41.36	36.95	24.16
Operating Income	102.68	79.8	68.88	46.88	42.7	61.07
Interest Expense	-18.69	-15.45	-12.94	-9.32	-9.19	-10.15
Interest & Investment Income	0.86	0.74	1.09	0.57	-	-
Earnings From Equity Investments	0.12	0.12	0.05	-0.4	-0.93	-2.38
Other Non Operating Income (Expenses)	19.79	-	-	5.07	-	-
EBT Excluding Unusual Items	104.76	65.2	57.08	42.8	32.58	48.54
Gain (Loss) on Sale of Assets	-0	0.13	0.01	0.73	-	-
Asset Writedown	5.3	5.3	5.63	-	-	-
Pretax Income	110.06	70.64	62.73	43.52	32.58	48.54
Income Tax Expense	24.59	19.98	17.38	12.43	8.85	13.61
Earnings From Continuing Operations	85.47	50.65	45.35	31.09	23.73	34.92
Minority Interest in Earnings	-4.17	-1.87	0.69	-0.68	-0.25	-0.01
Net Income	81.3	48.78	46.04	30.41	23.49	34.92
Net Income to Common	81.3	48.78	46.04	30.41	23.49	34.92
Net Income Growth	139.89%	5.96%	51.39%	29.48%	-32.73%	0.88%
Shares Outstanding (Basic)	546	546	546	546	507	496
Shares Outstanding (Diluted)	546	546	546	546	507	496
Shares Change (YoY)	-	-	-	7.64%	2.19%	-
EPS (Basic)	0.15	0.09	0.08	0.06	0.05	0.07
EPS (Diluted)	0.15	0.09	0.08	0.06	0.05	0.07
EPS Growth	158.04%	11.67%	43.65%	20.29%	-33.86%	0.39%
Free Cash Flow	-150.81	-107.08	-21.78	12.19	32.49	60.66
Free Cash Flow Per Share	-0.28	-0.20	-0.04	0.02	0.06	0.12
Dividend Per Share	0.040	0.040	0.035	0.020	0.020	0.020
Dividend Growth	14.29%	14.29%	75.00%	-	-	100.00%
Gross Margin	21.36%	25.89%	31.35%	32.42%	29.14%	27.63%
Operating Margin	13.41%	14.18%	17.58%	17.22%	15.62%	19.79%
Profit Margin	10.62%	8.67%	11.75%	11.17%	8.59%	11.32%
Free Cash Flow Margin	-19.70%	-19.02%	-5.56%	4.48%	11.89%	19.66%
EBITDA	113.03	88.86	75.59	52.54	49.24	63.95
EBITDA Margin	14.77%	15.79%	19.29%	19.30%	18.01%	20.73%
D&A For EBITDA	10.35	9.06	6.7	5.66	6.53	2.88
EBIT	102.68	79.8	68.88	46.88	42.7	61.07
EBIT Margin	13.41%	14.18%	17.58%	17.22%	15.62%	19.79%
Effective Tax Rate	22.34%	28.29%	27.71%	28.56%	27.15%	28.05%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.