Kawan Food Berhad (KLSE: KAWAN)

Kawan Food Berhad Income Statement

Financials in millions MYR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	311.19	287.22	274.76	251.77	254.7	214.09
Revenue Growth (YoY)	17.23%	4.53%	9.13%	-1.15%	18.97%	7.05%
Cost of Revenue	211.6	205.15	191.68	161.23	153.69	142.33
Gross Profit	99.6	82.07	83.08	90.54	101.01	71.75
Selling, General & Admin	59.43	57.21	54.25	61.06	74.52	59.24
Other Operating Expenses	-6.56	-6.56	-6.2	-4.69	-5.1	-2.26
Operating Expenses	52.87	50.66	48.04	56.37	69.43	56.98
Operating Income	46.72	31.41	35.04	34.17	31.58	14.77
Interest Expense	-0.12	-0.21	-0.17	-0.42	-0.57	-0.83
Interest & Investment Income	1.17	1.17	0.89	0.96	0.47	0.49
Earnings From Equity Investments	-0.3	-0.47	-0.38	-	-	-
Currency Exchange Gain (Loss)	-11.97	2.34	4.87	2.12	0.46	0.56
Other Non Operating Income (Expenses)	1.27	-	-0.14	-0.2	-0.2	-0.17
EBT Excluding Unusual Items	36.76	34.23	40.1	36.63	31.73	14.82
Gain (Loss) on Sale of Assets	0.03	0.03	0.04	0.03	0.28	0.53
Pretax Income	36.79	34.27	40.14	36.66	32.02	15.35
Income Tax Expense	9.34	4.14	1.67	4.87	4.36	3.34
Earnings From Continuing Operations	27.45	30.13	38.48	31.78	27.65	12.01
Minority Interest in Earnings	-	-	0.02	0	0.37	0.18
Net Income	27.45	30.13	38.5	31.79	28.02	12.19
Net Income to Common	27.45	30.13	38.5	31.79	28.02	12.19
Net Income Growth	-8.25%	-21.74%	21.12%	13.45%	129.85%	-46.55%
Shares Outstanding (Basic)	363	361	360	360	360	360
Shares Outstanding (Diluted)	369	361	360	360	361	360
Shares Change (YoY)	2.67%	0.29%	0.01%	-0.16%	0.27%	-
EPS (Basic)	0.08	0.08	0.11	0.09	0.08	0.03
EPS (Diluted)	0.07	0.08	0.11	0.09	0.08	0.03
EPS Growth	-10.59%	-21.93%	21.12%	13.64%	129.17%	-46.55%
Free Cash Flow	36.7	53.21	26.34	22.6	33.73	20.43
Free Cash Flow Per Share	0.10	0.15	0.07	0.06	0.09	0.06
Dividend Per Share	0.042	0.036	0.030	0.030	0.025	0.025
Dividend Growth	16.67%	20.00%	0%	20.00%	0%	0%
Gross Margin	32.00%	28.57%	30.24%	35.96%	39.66%	33.52%
Operating Margin	15.01%	10.94%	12.75%	13.57%	12.40%	6.90%
Profit Margin	8.82%	10.49%	14.01%	12.62%	11.00%	5.69%
Free Cash Flow Margin	11.79%	18.53%	9.59%	8.97%	13.24%	9.54%
EBITDA	65.85	50.72	53.93	52.37	48.17	31.23
EBITDA Margin	21.16%	17.66%	19.63%	20.80%	18.91%	14.59%
D&A For EBITDA	19.12	19.31	18.9	18.2	16.59	16.45
EBIT	46.72	31.41	35.04	34.17	31.58	14.77
EBIT Margin	15.01%	10.94%	12.75%	13.57%	12.40%	6.90%
Effective Tax Rate	25.38%	12.07%	4.15%	13.29%	13.63%	21.76%

Source: S&P Capital IQ. Standard template. Financial Sources.