Ibraco Berhad Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	769.01	562.85	391.87	272.17	273.37
Revenue Growth (YoY)	36.63%	43.63%	43.98%	-0.44%	-11.39%
Cost of Revenue	622.11	417.15	269.03	183.94	193.72
Gross Profit	146.91	145.69	122.84	88.24	79.65
Selling, General & Admin	57.72	68.29	55.77	41.36	39.56
Other Operating Expenses	-	-2.4	-1.82	-	-2.61
Operating Expenses	57.72	65.89	53.95	41.36	36.95
Operating Income	89.19	79.8	68.88	46.88	42.7
Interest Expense	-20.16	-15.45	-12.94	-9.32	-9.19
Interest & Investment Income	1.17	0.74	1.09	0.57	-
Earnings From Equity Investments	0.11	0.12	0.05	-0.4	-0.93
Other Non Operating Income (Expenses)	22.56	-	-	5.07	-
EBT Excluding Unusual Items	92.87	65.2	57.08	42.8	32.58
Gain (Loss) on Sale of Assets	-	0.13	0.01	0.73	-
Asset Writedown	13.45	5.3	5.63	-	-
Pretax Income	106.32	70.64	62.73	43.52	32.58
Income Tax Expense	29.08	19.98	17.38	12.43	8.85
Earnings From Continuing Operations	77.24	50.65	45.35	31.09	23.73
Minority Interest in Earnings	-4.96	-1.87	0.69	-0.68	-0.25
Net Income	72.29	48.78	46.04	30.41	23.49
Net Income to Common	72.29	48.78	46.04	30.41	23.49
Net Income Growth	48.18%	5.96%	51.39%	29.48%	-32.73%
Shares Outstanding (Basic)	546	546	546	546	507
Shares Outstanding (Diluted)	546	546	546	546	507
Shares Change (YoY)	-	-	-	7.64%	2.19%
EPS (Basic)	0.13	0.09	0.08	0.06	0.05
EPS (Diluted)	0.13	0.09	0.08	0.06	0.05
EPS Growth	48.18%	11.67%	43.65%	20.29%	-33.86%
Free Cash Flow	-45.04	-107.08	-21.78	12.19	32.49
Free Cash Flow Per Share	-0.08	-0.20	-0.04	0.02	0.06
Dividend Per Share	-	0.040	0.035	0.020	0.020
Dividend Growth	-	14.29%	75.00%	-	-
Gross Margin	19.10%	25.89%	31.35%	32.42%	29.14%
Operating Margin	11.60%	14.18%	17.58%	17.22%	15.62%
Profit Margin	9.40%	8.67%	11.75%	11.17%	8.59%
Free Cash Flow Margin	-5.86%	-19.02%	-5.56%	4.48%	11.89%
EBITDA	100.02	88.86	75.59	52.54	49.24
EBITDA Margin	13.01%	15.79%	19.29%	19.30%	18.01%
D&A For EBITDA	10.84	9.06	6.7	5.66	6.53
EBIT	89.19	79.8	68.88	46.88	42.7
EBIT Margin	11.60%	14.18%	17.58%	17.22%	15.62%
Effective Tax Rate	27.35%	28.29%	27.71%	28.56%	27.15%

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