IGB Berhad (KLSE:IGBB)

IGB 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,754	1,671	1,597	1,291	930.05	1,016
Revenue Growth (YoY)	8.42%	4.61%	23.67%	38.84%	-8.50%	-29.24%
Cost of Revenue	813.67	760.21	734.51	602.89	505.74	546.39
Gross Profit	939.86	910.4	862.42	688.38	424.31	470.03
Selling, General & Admin	197.82	201.05	190.82	161.36	178.22	191.89
Other Operating Expenses	-27.79	-15.79	-9.06	-22.35	-14.95	-27.18
Operating Expenses	170.03	185.26	181.76	139.01	163.38	164.88
Operating Income	769.84	725.14	680.66	549.36	260.94	305.15
Interest Expense	-173.55	-178.15	-196.32	-163.17	-157.52	-165.96
Interest & Investment Income	52.74	51.36	57.33	38.38	34.23	26.29
Earnings From Equity Investments	34.92	165.15	22.47	67.65	4.95	-27.84
Currency Exchange Gain (Loss)	-0.12	-0.12	58.89	-39	5.22	9.49
EBT Excluding Unusual Items	683.83	763.39	623.03	453.22	147.8	147.13
Gain (Loss) on Sale of Investments	-15.17	-15.17	-	0.28	203.14	-
Gain (Loss) on Sale of Assets	0.48	0.48	3.87	2.03	0.65	0.71
Asset Writedown	-0.55	-0.55	-12.58	-34.39	-0.19	-0.17
Pretax Income	668.59	748.15	614.33	421.14	351.41	147.66
Income Tax Expense	139.37	134.2	113.41	93.15	112.08	48.87
Earnings From Continuing Operations	529.22	613.94	500.92	327.99	239.33	98.8
Minority Interest in Earnings	-209.27	-197.72	-189.01	-168.87	-77.48	-89.55
Net Income	319.95	416.22	311.91	159.11	161.85	9.25
Net Income to Common	319.95	416.22	311.91	159.11	161.85	9.25
Net Income Growth	-27.48%	33.44%	96.03%	-1.69%	1649.68%	-95.57%
Shares Outstanding (Basic)	1,333	1,338	1,350	1,352	1,336	1,272
Shares Outstanding (Diluted)	1,333	1,338	1,350	1,352	1,395	1,272
Shares Change (YoY)	-1.17%	-0.88%	-0.20%	-3.08%	9.67%	-9.97%
EPS (Basic)	0.24	0.31	0.23	0.12	0.12	0.01
EPS (Diluted)	0.24	0.31	0.23	0.12	0.12	0.01
EPS Growth	-26.63%	34.62%	96.41%	0.75%	1506.36%	-95.14%
Free Cash Flow	616.37	527.76	662.69	357.73	151.63	122.16
Free Cash Flow Per Share	0.46	0.39	0.49	0.27	0.11	0.10
Dividend Per Share	0.070	0.070	0.050	0.033	0.100	-
Dividend Growth	40.00%	40.00%	50.15%	-66.70%	-	-
Gross Margin	53.60%	54.50%	54.01%	53.31%	45.62%	46.24%
Operating Margin	43.90%	43.41%	42.62%	42.54%	28.06%	30.02%
Profit Margin	18.25%	24.91%	19.53%	12.32%	17.40%	0.91%
Free Cash Flow Margin	35.15%	31.59%	41.50%	27.70%	16.30%	12.02%
EBITDA	921.71	876.44	823.9	687.99	398.93	448.93
EBITDA Margin	52.56%	52.46%	51.59%	53.28%	42.89%	44.17%
D&A For EBITDA	151.88	151.3	143.24	138.62	138	143.78
EBIT	769.84	725.14	680.66	549.36	260.94	305.15
EBIT Margin	43.90%	43.41%	42.62%	42.54%	28.06%	30.02%
Effective Tax Rate	20.85%	17.94%	18.46%	22.12%	31.89%	33.09%

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.