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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	230.33	220.23	149.68	107.28	79.76	47.54
Revenue Growth (YoY)	27.44%	47.13%	39.52%	34.51%	67.78%	27.75%
Cost of Revenue	81.3	85.28	44.88	29.25	26.4	22.38
Gross Profit	149.03	134.95	104.8	78.03	53.36	25.16
Selling, General & Admin	39.48	34.11	25.64	19.7	10.98	7.43
Other Operating Expenses	-4.52	-3.29	-0.2	-0.21	0.6	-0.38
Operating Expenses	34.96	30.82	25.44	19.11	11.58	8.15
Operating Income	114.07	104.13	79.36	58.92	41.78	17.01
Interest Expense	-	-0.22	-0.21	-2.86	-1.06	-0.2
Interest & Investment Income	5.12	6.09	7.33	0.26	0.21	0.26
Currency Exchange Gain (Loss)	-	-	-	-	-	0.55
Other Non Operating Income (Expenses)	-2.79	-2.79	-4.12	-	-	-
EBT Excluding Unusual Items	116.39	107.21	82.35	56.32	40.93	17.62
Gain (Loss) on Sale of Assets	-	-	-	-	0.01	-
Pretax Income	116.39	107.21	82.35	56.32	40.94	17.62
Income Tax Expense	28.85	26.7	19.15	15.73	11.7	4.95
Earnings From Continuing Operations	87.54	80.51	63.2	40.59	29.24	12.67
Minority Interest in Earnings	-1.11	-0.11	0.08	-	-	-
Net Income	86.43	80.39	63.28	40.59	29.24	12.67
Net Income to Common	86.43	80.39	63.28	40.59	29.24	12.67
Net Income Growth	23.19%	27.05%	55.91%	38.82%	130.78%	706.94%
Shares Outstanding (Basic)	1,031	1,029	1,028	176	4	4
Shares Outstanding (Diluted)	1,061	1,058	1,052	201	4	4
Shares Change (YoY)	0.84%	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	22.18%	26.29%	-70.17%	-97.24%	124.66%	212.08%
Free Cash Flow	-20.45	-3.02	37.21	2.28	-10.87	-18.31
Free Cash Flow Per Share	-0.02	-0.00	0.04	0.01	-2.72	-4.70
Dividend Per Share	0.006	0.020	0.012	0.008	0.023	-
Dividend Growth	-76.92%	66.67%	50.00%	-65.52%	-	-
Gross Margin	64.70%	61.28%	70.01%	72.74%	66.90%	52.93%
Operating Margin	49.53%	47.28%	53.02%	54.92%	52.39%	35.78%
Profit Margin	37.52%	36.50%	42.28%	37.83%	36.66%	26.65%
Free Cash Flow Margin	-8.88%	-1.37%	24.86%	2.13%	-13.62%	-38.51%
EBITDA	131.32	118.94	91.82	67.92	46.28	17.95
EBITDA Margin	57.01%	54.01%	61.34%	63.31%	58.03%	37.76%
D&A For EBITDA	17.25	14.81	12.46	9	4.5	0.94
EBIT	114.07	104.13	79.36	58.92	41.78	17.01
EBIT Margin	49.53%	47.28%	53.02%	54.92%	52.39%	35.78%
Effective Tax Rate	24.79%	24.91%	23.26%	27.93%	28.58%	28.10%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.