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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	237.48	220.23	149.68	107.28	79.76	47.54
Revenue Growth (YoY)	18.92%	47.13%	39.52%	34.51%	67.78%	27.75%
Cost of Revenue	77.03	85.28	44.88	29.25	26.4	22.38
Gross Profit	160.45	134.95	104.8	78.03	53.36	25.16
Selling, General & Admin	43.09	34.11	25.64	19.7	10.98	7.43
Other Operating Expenses	-3.87	-3.29	-0.2	-0.21	0.6	-0.38
Operating Expenses	39.22	30.82	25.44	19.11	11.58	8.15
Operating Income	121.22	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	4.75	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	123.18	107.21	82.35	56.32	40.93	17.62
Gain (Loss) on Sale of Assets	-	-	-	-	0.01	-
Pretax Income	123.18	107.21	82.35	56.32	40.94	17.62
Income Tax Expense	31.05	26.7	19.15	15.73	11.7	4.95
Earnings From Continuing Operations	92.12	80.51	63.2	40.59	29.24	12.67
Minority Interest in Earnings	-2.2	-0.11	0.08	-	-	-
Net Income	89.92	80.39	63.28	40.59	29.24	12.67
Net Income to Common	89.92	80.39	63.28	40.59	29.24	12.67
Net Income Growth	18.37%	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)	1,062	1,058	1,052	201	4	4
Shares Change (YoY)	0.96%	0.53%	422.44%	4935.97%	2.72%	158.57%
EPS (Basic)	0.09	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	17.42%	26.29%	-70.17%	-97.24%	124.66%	212.08%
Free Cash Flow	-1.8	-3.02	37.21	2.28	-10.87	-18.31
Free Cash Flow Per Share	-0.00	-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	67.56%	61.28%	70.01%	72.74%	66.90%	52.93%
Operating Margin	51.05%	47.28%	53.02%	54.92%	52.39%	35.78%
Profit Margin	37.86%	36.50%	42.28%	37.83%	36.66%	26.65%
Free Cash Flow Margin	-0.76%	-1.37%	24.86%	2.13%	-13.62%	-38.51%
EBITDA	138.31	118.94	91.82	67.92	46.28	17.95
EBITDA Margin	58.24%	54.01%	61.34%	63.31%	58.03%	37.76%
D&A For EBITDA	17.09	14.81	12.46	9	4.5	0.94
EBIT	121.22	104.13	79.36	58.92	41.78	17.01
EBIT Margin	51.05%	47.28%	53.02%	54.92%	52.39%	35.78%
Effective Tax Rate	25.21%	24.91%	23.26%	27.93%	28.58%	28.10%

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