ITMAX System 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	246.97	220.23	149.68	107.28	79.76
Revenue Growth (YoY)	12.14%	47.13%	39.52%	34.51%	67.78%
Cost of Revenue	72.99	85.28	44.88	29.25	26.4
Gross Profit	173.98	134.95	104.8	78.03	53.36
Selling, General & Admin	45.47	34.11	25.64	19.7	10.98
Other Operating Expenses	-1.9	-3.29	-0.2	-0.21	0.6
Operating Expenses	43.56	30.82	25.44	19.11	11.58
Operating Income	130.42	104.13	79.36	58.92	41.78
Interest Expense	-2.04	-0.22	-0.21	-2.86	-1.06
Interest & Investment Income	3.56	6.09	7.33	0.26	0.21
Other Non Operating Income (Expenses)	-	-2.79	-4.12	-	-
EBT Excluding Unusual Items	131.94	107.21	82.35	56.32	40.93
Gain (Loss) on Sale of Assets	-	-	-	-	0.01
Pretax Income	131.94	107.21	82.35	56.32	40.94
Income Tax Expense	33.41	26.7	19.15	15.73	11.7
Earnings From Continuing Operations	98.52	80.51	63.2	40.59	29.24
Minority Interest in Earnings	-4.98	-0.11	0.08	-	-
Net Income	93.54	80.39	63.28	40.59	29.24
Net Income to Common	93.54	80.39	63.28	40.59	29.24
Net Income Growth	16.35%	27.05%	55.91%	38.82%	130.78%
Shares Outstanding (Basic)	1,032	1,029	1,028	176	4
Shares Outstanding (Diluted)	1,057	1,058	1,052	201	4
Shares Change (YoY)	-0.10%	0.53%	422.44%	4935.97%	2.72%
EPS (Basic)	0.09	0.08	0.06	0.23	7.31
EPS (Diluted)	0.09	0.08	0.06	0.20	7.31
EPS Growth	16.60%	26.29%	-70.17%	-97.24%	124.66%
Free Cash Flow	-17.45	-3.02	37.21	2.28	-10.87
Free Cash Flow Per Share	-0.02	-0.00	0.04	0.01	-2.72
Dividend Per Share	0.023	0.020	0.012	0.008	0.023
Dividend Growth	15.00%	66.67%	50.00%	-65.52%	-
Gross Margin	70.45%	61.28%	70.01%	72.74%	66.90%
Operating Margin	52.81%	47.28%	53.02%	54.92%	52.39%
Profit Margin	37.88%	36.50%	42.28%	37.83%	36.66%
Free Cash Flow Margin	-7.07%	-1.37%	24.86%	2.13%	-13.62%
EBITDA	150.31	118.94	91.82	67.92	46.28
EBITDA Margin	60.86%	54.01%	61.34%	63.31%	58.03%
D&A For EBITDA	19.9	14.81	12.46	9	4.5
EBIT	130.42	104.13	79.36	58.92	41.78
EBIT Margin	52.81%	47.28%	53.02%	54.92%	52.39%
Effective Tax Rate	25.33%	24.91%	23.26%	27.93%	28.58%

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