ITMAX System Berhad (KLSE:ITMAX)

ITMAX System 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	225.12	220.23	149.68	107.28	79.76	47.54
Revenue Growth (YoY)	39.96%	47.13%	39.52%	34.51%	67.78%	27.75%
Cost of Revenue	83.81	85.28	44.88	29.25	26.4	22.38
Gross Profit	141.31	134.95	104.8	78.03	53.36	25.16
Selling, General & Admin	37.32	34.11	25.64	19.7	10.98	7.43
Other Operating Expenses	-4.32	-3.29	-0.2	-0.21	0.6	-0.38
Operating Expenses	33	30.82	25.44	19.11	11.58	8.15
Operating Income	108.31	104.13	79.36	58.92	41.78	17.01
Interest Expense	-0.22	-0.22	-0.21	-2.86	-1.06	-0.2
Interest & Investment Income	5.47	6.09	7.33	0.26	0.21	0.26
Currency Exchange Gain (Loss)	-	-	-	-	-	0.55
Other Non Operating Income (Expenses)	-2.51	-2.79	-4.12	-	-	-
EBT Excluding Unusual Items	111.05	107.21	82.35	56.32	40.93	17.62
Gain (Loss) on Sale of Assets	-	-	-	-	0.01	-
Pretax Income	111.05	107.21	82.35	56.32	40.94	17.62
Income Tax Expense	27.77	26.7	19.15	15.73	11.7	4.95
Earnings From Continuing Operations	83.28	80.51	63.2	40.59	29.24	12.67
Minority Interest in Earnings	-0.77	-0.11	0.08	-	-	-
Net Income	82.51	80.39	63.28	40.59	29.24	12.67
Net Income to Common	82.51	80.39	63.28	40.59	29.24	12.67
Net Income Growth	24.78%	27.05%	55.91%	38.82%	130.78%	706.94%
Shares Outstanding (Basic)	1,030	1,029	1,028	176	4	4
Shares Outstanding (Diluted)	1,059	1,058	1,052	201	4	4
Shares Change (YoY)	1.22%	0.53%	422.44%	4935.97%	2.72%	158.57%
EPS (Basic)	0.08	0.08	0.06	0.23	7.31	3.25
EPS (Diluted)	0.08	0.08	0.06	0.20	7.31	3.25
EPS Growth	23.86%	26.29%	-70.17%	-97.24%	124.66%	212.08%
Free Cash Flow	-14.76	-3.02	37.21	2.28	-10.87	-18.31
Free Cash Flow Per Share	-0.01	-0.00	0.04	0.01	-2.72	-4.70
Dividend Per Share	0.020	0.020	0.012	0.008	0.023	-
Dividend Growth	66.67%	66.67%	50.00%	-65.52%	-	-
Gross Margin	62.77%	61.28%	70.01%	72.74%	66.90%	52.93%
Operating Margin	48.11%	47.28%	53.02%	54.92%	52.39%	35.78%
Profit Margin	36.65%	36.50%	42.28%	37.83%	36.66%	26.65%
Free Cash Flow Margin	-6.56%	-1.37%	24.86%	2.13%	-13.62%	-38.51%
EBITDA	124.42	118.94	91.82	67.92	46.28	17.95
EBITDA Margin	55.27%	54.01%	61.34%	63.31%	58.03%	37.76%
D&A For EBITDA	16.11	14.81	12.46	9	4.5	0.94
EBIT	108.31	104.13	79.36	58.92	41.78	17.01
EBIT Margin	48.11%	47.28%	53.02%	54.92%	52.39%	35.78%
Effective Tax Rate	25.00%	24.91%	23.26%	27.93%	28.58%	28.10%

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.