Master-Pack Group Berhad (KLSE:MASTER)

Master-Pack Group Berhad 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
Operating Revenue	144.35	154.95	166.49	160.97	153.98	141.87
Other Revenue	1.54	1.54	2.33	-	-	-
Revenue	145.89	156.48	168.82	160.97	153.98	141.87
Revenue Growth (YoY)	-14.21%	-7.30%	4.87%	4.54%	8.54%	-30.66%
Cost of Revenue	85.11	89.9	99.12	101.53	102.01	97.04
Gross Profit	60.78	66.59	69.69	59.44	51.96	44.83
Selling, General & Admin	20.13	20.13	20.22	16.77	16.5	16.45
Other Operating Expenses	19.92	19.96	17.61	14.22	13.13	11.35
Operating Expenses	45.26	45.31	42.57	34.81	33.74	31.8
Operating Income	15.52	21.28	27.13	24.64	18.23	13.03
Interest Expense	-0.29	-0.3	-0.34	-0.38	-0.44	-0.65
Interest & Investment Income	1.23	1.23	1.63	0.91	0.47	0.36
Earnings From Equity Investments	-	-	-	-	-	0.06
EBT Excluding Unusual Items	16.45	22.21	28.42	25.17	18.26	12.8
Gain (Loss) on Sale of Investments	-0.01	-0.01	-0.15	-0	-0.03	-0.01
Pretax Income	16.45	22.2	28.27	25.16	18.23	12.79
Income Tax Expense	3.25	4.01	3.66	3.32	3.78	1.52
Earnings From Continuing Operations	13.2	18.19	24.61	21.84	14.45	11.27
Minority Interest in Earnings	-	-	-	-	0	0.01
Net Income	13.2	18.19	24.61	21.84	14.46	11.28
Net Income to Common	13.2	18.19	24.61	21.84	14.46	11.28
Net Income Growth	-50.84%	-26.08%	12.70%	51.07%	28.21%	-28.16%
Shares Outstanding (Basic)	55	55	55	55	55	55
Shares Outstanding (Diluted)	55	55	55	55	55	55
EPS (Basic)	0.24	0.33	0.45	0.40	0.26	0.21
EPS (Diluted)	0.24	0.33	0.45	0.40	0.26	0.21
EPS Growth	-50.84%	-26.08%	12.70%	51.06%	28.23%	-28.16%
Free Cash Flow	14.63	23.41	27.95	20.94	11.07	25.13
Free Cash Flow Per Share	0.27	0.43	0.51	0.38	0.20	0.46
Dividend Per Share	0.180	0.180	0.120	0.100	0.040	0.040
Dividend Growth	28.57%	50.00%	20.00%	150.00%	-	100.00%
Gross Margin	41.66%	42.55%	41.28%	36.93%	33.75%	31.60%
Operating Margin	10.64%	13.60%	16.07%	15.30%	11.84%	9.19%
Profit Margin	9.05%	11.63%	14.58%	13.57%	9.39%	7.95%
Free Cash Flow Margin	10.03%	14.96%	16.56%	13.01%	7.19%	17.71%
EBITDA	19.6	25.42	30.65	27.25	20.82	15.64
EBITDA Margin	13.43%	16.24%	18.15%	16.93%	13.52%	11.02%
D&A For EBITDA	4.08	4.14	3.52	2.61	2.59	2.6
EBIT	15.52	21.28	27.13	24.64	18.23	13.03
EBIT Margin	10.64%	13.60%	16.07%	15.30%	11.84%	9.19%
Effective Tax Rate	19.75%	18.06%	12.95%	13.21%	20.71%	11.91%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.