KLSE:MASTEEL Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,634	2,510	2,013	1,778	1,580	1,384
Revenue Growth (YoY)	12.02%	24.69%	13.19%	12.57%	14.18%	15.75%
Cost of Revenue	2,528	2,400	1,924	1,663	1,461	1,343
Gross Profit	105.85	109.94	88.97	115.72	119.16	40.44
Selling, General & Admin	86.15	78.22	61.09	75.46	66.78	47.63
Other Operating Expenses	-27.61	-27.61	-2.93	-5.36	-3.82	-13.43
Operating Expenses	58.55	50.61	58.16	70.1	62.96	34.19
Operating Income	47.3	59.33	30.81	45.62	56.2	6.25
Interest Expense	-32.6	-30.84	-27.59	-20.62	-17.96	-21.99
Earnings From Equity Investments	2.79	2.11	3.6	0.93	0.15	-0.24
Pretax Income	8.68	30.6	6.82	25.92	38.39	-15.98
Income Tax Expense	11.54	13.61	4.42	6.85	5.89	-1.26
Net Income	-2.87	16.99	2.4	19.07	32.5	-14.73
Net Income to Common	-2.87	16.99	2.4	19.07	32.5	-14.73
Net Income Growth	-	606.74%	-87.39%	-41.33%	-	-
Shares Outstanding (Basic)	697	682	677	677	679	450
Shares Outstanding (Diluted)	697	682	677	799	841	450
Shares Change (YoY)	2.77%	0.64%	-15.25%	-4.95%	86.96%	5.48%
EPS (Basic)	-0.00	0.02	0.00	0.03	0.05	-0.03
EPS (Diluted)	-0.00	0.02	0.00	0.02	0.04	-0.03
EPS Growth	-	611.43%	-85.36%	-38.24%	-	-
Free Cash Flow	-126.35	-96.37	-30.89	-80.57	-35.42	25.25
Free Cash Flow Per Share	-0.18	-0.14	-0.05	-0.10	-0.04	0.06
Gross Margin	4.02%	4.38%	4.42%	6.51%	7.54%	2.92%
Operating Margin	1.80%	2.36%	1.53%	2.56%	3.56%	0.45%
Profit Margin	-0.11%	0.68%	0.12%	1.07%	2.06%	-1.06%
Free Cash Flow Margin	-4.80%	-3.84%	-1.54%	-4.53%	-2.24%	1.82%
EBITDA	83.77	92.59	63.55	76.42	88.26	35.26
EBITDA Margin	3.18%	3.69%	3.16%	4.30%	5.59%	2.55%
D&A For EBITDA	36.47	33.26	32.74	30.8	32.06	29.02
EBIT	47.3	59.33	30.81	45.62	56.2	6.25
EBIT Margin	1.80%	2.36%	1.53%	2.56%	3.56%	0.45%
Effective Tax Rate	133.03%	44.48%	64.77%	26.43%	15.33%	-

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