Iskandar Waterfront City Berhad (KLSE:IWCITY)

KLSE:IWCITY 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	40.2	101.75	104.72	92.36	18	108.25
Revenue Growth (YoY)	-71.51%	-2.84%	13.39%	413.07%	-83.37%	-50.58%
Cost of Revenue	50.73	101.22	90.77	82.24	22.18	64.85
Gross Profit	-10.53	0.53	13.95	10.12	-4.17	43.4
Selling, General & Admin	16.8	17.55	13.23	13.4	7.41	10.42
Operating Expenses	16.81	17.55	13.23	13.4	7.41	10.42
Operating Income	-27.33	-17.02	0.72	-3.27	-11.58	32.98
Interest Expense	-0.88	-1.05	-6.44	-22.48	-18.18	-22.48
Interest & Investment Income	-	-	-	-	0.85	1.63
Earnings From Equity Investments	-	-	-	-	-2.4	-0.29
Other Non Operating Income (Expenses)	0.9	0.9	0.46	2.14	0.1	0.25
EBT Excluding Unusual Items	-27.32	-17.16	-5.26	-23.62	-31.2	12.1
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.02
Asset Writedown	-	-	-	-	0.01	0
Other Unusual Items	-	-	-	-	-	-10.6
Pretax Income	-27.32	-17.16	-5.26	-23.62	-31.2	1.52
Income Tax Expense	-0.12	2.2	1.04	8.59	-3.27	3.2
Net Income	-27.2	-19.36	-6.3	-32.21	-27.93	-1.68
Net Income to Common	-27.2	-19.36	-6.3	-32.21	-27.93	-1.68
Shares Outstanding (Basic)	921	921	921	921	893	837
Shares Outstanding (Diluted)	921	921	921	921	893	837
Shares Change (YoY)	-	-	-	3.13%	6.67%	-
EPS (Basic)	-0.03	-0.02	-0.01	-0.03	-0.03	-0.00
EPS (Diluted)	-0.03	-0.02	-0.01	-0.04	-0.03	-0.00
Free Cash Flow	1.52	40.21	19.82	-0.3	-22.53	61.33
Free Cash Flow Per Share	0.00	0.04	0.02	-	-0.03	0.07
Gross Margin	-26.18%	0.52%	13.32%	10.96%	-23.19%	40.09%
Operating Margin	-67.99%	-16.72%	0.68%	-3.55%	-64.33%	30.47%
Profit Margin	-67.66%	-19.03%	-6.02%	-34.87%	-155.15%	-1.55%
Free Cash Flow Margin	3.77%	39.52%	18.93%	-0.32%	-125.18%	56.66%
EBITDA	-26.86	-16.59	1.05	-2.91	-11.2	33.51
EBITDA Margin	-66.82%	-16.31%	1.00%	-3.15%	-62.20%	30.95%
D&A For EBITDA	0.47	0.42	0.33	0.37	0.38	0.53
EBIT	-27.33	-17.02	0.72	-3.27	-11.58	32.98
EBIT Margin	-67.99%	-16.72%	0.68%	-3.55%	-64.33%	30.47%
Effective Tax Rate	-	-	-	-	-	210.47%

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