Kenanga Investment Bank Berhad (KLSE:KENANGA)

KLSE:KENANGA 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	275.12	268.51	256.94	222.54	210.37	218.92
Total Interest Expense	203.72	199.58	162.07	112.81	99.56	120.51
Net Interest Income	71.4	68.93	94.86	109.73	110.81	98.41
Gain on Sale of Investments (Rev)	125.73	125.73	56.55	23.86	1.57	11.22
Other Revenue	570.51	577.42	476.42	452.2	647.19	698.5
Revenue Before Loan Losses	767.64	772.08	627.83	585.79	759.58	808.13
Provision for Loan Losses	48.82	54.28	5.53	3.92	1.9	5.85
Revenue	718.82	717.8	622.3	581.87	757.68	802.28
Revenue Growth (YoY)	13.77%	15.35%	6.95%	-23.20%	-5.56%	79.22%
Salaries & Employee Benefits	256.74	257.03	237.97	221.84	247.13	231.44
Cost of Services Provided	353.47	358.93	304.36	285.37	375.55	443.39
Other Operating Expenses	-2.82	-2.65	-1.34	-7.36	-2.6	-1.45
Total Operating Expenses	630.97	636.04	563.54	525.7	645.38	697.3
Operating Income	87.85	81.76	58.76	56.17	112.3	104.98
Currency Exchange Gains	11.64	10.82	10.52	8.12	10.79	9.31
Other Non-Operating Income (Expenses)	9.3	13.54	11.05	8.89	6.76	7.62
EBT Excluding Unusual Items	105.51	116.77	86.6	74.04	143.45	134.69
Gain (Loss) on Sale of Investments	0.38	0.48	-	-	-	-
Pretax Income	105.89	117.25	88.11	74.15	148.24	134.72
Income Tax Expense	23.2	21.49	15.36	18.8	29.42	32.43
Earnings From Continuing Ops.	82.69	95.76	72.75	55.35	118.82	102.29
Minority Interest in Earnings	-	-	-0.11	-0.84	-0.43	-0.2
Net Income	82.69	95.76	72.64	54.51	118.39	102.08
Net Income to Common	82.69	95.76	72.64	54.51	118.39	102.08
Net Income Growth	-2.97%	31.82%	33.26%	-53.96%	15.97%	286.88%
Shares Outstanding (Basic)	728	727	723	727	727	701
Shares Outstanding (Diluted)	728	727	725	731	743	720
Shares Change (YoY)	0.25%	0.19%	-0.78%	-1.55%	3.19%	3.00%
EPS (Basic)	0.11	0.13	0.10	0.08	0.16	0.15
EPS (Diluted)	0.11	0.13	0.10	0.07	0.16	0.14
EPS Growth	-3.21%	31.65%	34.18%	-53.20%	12.41%	275.49%
Free Cash Flow	193.07	425.87	427.58	-284.75	32.69	-590.36
Free Cash Flow Per Share	0.27	0.59	0.59	-0.39	0.04	-0.82
Dividend Per Share	0.080	0.080	0.070	0.060	0.040	0.040
Dividend Growth	14.29%	14.29%	16.67%	50.00%	-	23.08%
Operating Margin	12.22%	11.39%	9.44%	9.65%	14.82%	13.08%
Profit Margin	11.50%	13.34%	11.67%	9.37%	15.63%	12.72%
Free Cash Flow Margin	26.86%	59.33%	68.71%	-48.94%	4.32%	-73.59%
Effective Tax Rate	21.91%	18.33%	17.43%	25.35%	19.85%	24.07%

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.