Ideal Capital 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	1,236	927.33	511.91	419.3	473.09
Revenue Growth (YoY)	33.30%	81.15%	22.09%	-11.37%	49.40%
Cost of Revenue	847.75	673.47	367.27	316.87	348.61
Gross Profit	388.33	253.86	144.64	102.43	124.48
Selling, General & Admin	63.44	112.86	68.98	54.56	53.44
Other Operating Expenses	-11.13	-	-	-	-
Operating Expenses	52.31	112.86	68.98	54.56	53.44
Operating Income	336.02	141	75.66	47.87	71.04
Interest Expense	-19.92	-4.2	-4.48	-4.24	-4.19
Interest & Investment Income	0.68	-	-	-	-
Other Non Operating Income (Expenses)	-	7.65	13.11	7.24	8.47
EBT Excluding Unusual Items	316.78	144.45	84.29	50.86	75.32
Impairment of Goodwill	-69.37	-	-	-	-
Pretax Income	247.41	144.45	84.29	50.86	75.32
Income Tax Expense	47.26	43.9	17.45	17.43	20.1
Earnings From Continuing Operations	200.15	100.54	66.84	33.43	55.22
Minority Interest in Earnings	-41.72	-9.92	-5.05	5.93	4.42
Net Income	158.43	90.62	61.78	39.36	59.64
Net Income to Common	158.43	90.62	61.78	39.36	59.64
Net Income Growth	74.82%	46.68%	56.95%	-34.00%	-
Shares Outstanding (Basic)	500	500	500	500	474
Shares Outstanding (Diluted)	500	500	500	500	481
Shares Change (YoY)	-	-	-	3.91%	3.48%
EPS (Basic)	0.32	0.18	0.12	0.08	0.13
EPS (Diluted)	0.32	0.18	0.12	0.08	0.12
EPS Growth	74.87%	46.64%	56.95%	-36.85%	-
Free Cash Flow	-8.36	38.52	-232.42	-23.82	41.24
Free Cash Flow Per Share	-0.02	0.08	-0.47	-0.05	0.09
Dividend Per Share	-	0.020	0.030	-	-
Dividend Growth	-	-33.33%	-	-	-
Gross Margin	31.42%	27.38%	28.26%	24.43%	26.31%
Operating Margin	27.18%	15.20%	14.78%	11.42%	15.02%
Profit Margin	12.82%	9.77%	12.07%	9.39%	12.61%
Free Cash Flow Margin	-0.68%	4.15%	-45.40%	-5.68%	8.72%
EBITDA	336.91	141.89	76.11	48.16	71.35
EBITDA Margin	27.26%	15.30%	14.87%	11.49%	15.08%
D&A For EBITDA	0.89	0.89	0.45	0.3	0.31
EBIT	336.02	141	75.66	47.87	71.04
EBIT Margin	27.18%	15.20%	14.78%	11.42%	15.02%
Effective Tax Rate	19.10%	30.39%	20.71%	34.27%	26.69%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.