Kenanga Investment Bank Berhad (KLSE: KENANGA)

KLSE: KENANGA 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
Interest and Dividend Income	259.71	256.94	222.54	210.37	218.92	244.15
Total Interest Expense	190.5	162.07	112.81	99.56	120.51	160.17
Net Interest Income	69.21	94.86	109.73	110.81	98.41	83.98
Gain on Sale of Investments (Rev)	59.33	56.55	23.86	1.57	11.22	12.07
Other Revenue	551.53	476.42	452.2	647.19	698.5	336.4
Revenue Before Loan Losses	680.07	627.83	585.79	759.58	808.13	432.45
Provision for Loan Losses	31.88	5.53	3.92	1.9	5.85	-15.22
Revenue	648.19	622.3	581.87	757.68	802.28	447.67
Revenue Growth (YoY)	8.73%	6.95%	-23.20%	-5.56%	79.21%	9.46%
Salaries & Employee Benefits	246.23	237.97	221.84	247.13	231.44	185.1
Cost of Services Provided	343.19	304.36	285.37	375.55	443.39	208.29
Other Operating Expenses	-2.91	-1.34	-7.36	-2.6	-1.45	-1
Total Operating Expenses	608.91	563.54	525.7	645.38	697.3	413.72
Operating Income	39.28	58.76	56.17	112.3	104.98	33.95
Currency Exchange Gains	8.91	10.52	8.12	10.79	9.31	6.8
Other Non-Operating Income (Expenses)	13.73	11.05	8.89	6.76	7.62	9.09
EBT Excluding Unusual Items	78.79	86.6	74.04	143.45	134.69	42.93
Pretax Income	78.79	88.11	74.15	148.24	134.72	42.95
Income Tax Expense	9.9	15.36	18.8	29.42	32.43	16.57
Earnings From Continuing Ops.	68.89	72.75	55.35	118.82	102.29	26.39
Minority Interest in Earnings	-	-0.11	-0.84	-0.43	-0.2	-
Net Income	68.89	72.64	54.51	118.39	102.08	26.39
Net Income to Common	68.89	72.64	54.51	118.39	102.08	26.39
Net Income Growth	6.95%	33.26%	-53.96%	15.98%	286.88%	121.53%
Shares Outstanding (Basic)	725	723	727	727	701	699
Shares Outstanding (Diluted)	726	725	731	743	720	699
Shares Change (YoY)	0.11%	-0.78%	-1.55%	3.18%	3.00%	-2.25%
EPS (Basic)	0.09	0.10	0.08	0.16	0.15	0.04
EPS (Diluted)	0.09	0.10	0.07	0.16	0.14	0.04
EPS Growth	6.86%	34.18%	-53.20%	12.41%	275.49%	126.13%
Free Cash Flow	787.2	427.58	-284.75	32.69	-590.36	13.5
Free Cash Flow Per Share	1.08	0.59	-0.39	0.04	-0.82	0.02
Dividend Per Share	0.070	0.070	0.060	0.040	0.040	0.033
Dividend Growth	16.67%	16.67%	50.00%	0%	23.08%	195.45%
Operating Margin	6.06%	9.44%	9.65%	14.82%	13.09%	7.58%
Profit Margin	10.63%	11.67%	9.37%	15.63%	12.72%	5.89%
Free Cash Flow Margin	121.44%	68.71%	-48.94%	4.32%	-73.59%	3.01%
Effective Tax Rate	12.57%	17.43%	25.35%	19.85%	24.07%	38.57%

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