Mercury Securities Group Berhad (KLSE: MERSEC)

MERSEC Income Statement

Financials in millions MYR. Fiscal year is November - October.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jul 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020	Oct 31, 2019
Total Interest Expense	0.02	0.03	0.05	0.06	0.38	0.16
Net Interest Income	-0.02	-0.03	-0.05	-0.06	-0.38	-0.16
Brokerage Commission	16.44	11.39	13.28	27.07	27.16	14.57
Underwriting & Investment Banking Fee	0.66	0.66	1.01	-	0.64	0.53
Other Revenue	15.35	15.35	29.09	33.94	21.97	16.43
Revenue	32.44	27.38	43.33	60.94	49.38	31.37
Revenue Growth (YoY)	-34.30%	-36.82%	-28.89%	23.42%	57.41%	-16.41%
Salaries & Employee Benefits	-	-	-	4.51	3.33	2.67
Cost of Services Provided	20.82	16.84	27.03	32.56	29.91	20.36
Other Operating Expenses	-	-	-	1.3	0.86	0.49
Total Operating Expenses	20.91	16.92	27.03	39.22	34.83	24.11
Operating Income	11.53	10.46	16.31	21.72	14.55	7.26
Currency Exchange Gains	-	-	-	0.4	-	-
Other Non-Operating Income (Expenses)	5.58	4.61	2.95	2.78	3.37	4.82
EBT Excluding Unusual Items	17.11	15.07	19.25	24.9	17.93	12.08
Gain (Loss) on Sale of Investments	1.42	1.33	3.95	2.2	5.38	1.32
Other Unusual Items	-3.93	-3.93	-	-	-	-
Pretax Income	14.61	12.46	23.2	27.1	23.31	13.39
Income Tax Expense	4.48	4.08	5.54	6.84	6.11	3.55
Net Income	10.12	8.39	17.66	20.26	17.2	9.84
Net Income to Common	10.12	8.39	17.66	20.26	17.2	9.84
Net Income Growth	-41.15%	-52.51%	-12.82%	17.81%	74.69%	-7.26%
Shares Outstanding (Basic)	872	754	736	2,000	2,000	2,000
Shares Outstanding (Diluted)	872	754	736	2,000	2,000	2,000
Shares Change (YoY)	-56.41%	2.46%	-63.20%	0.00%	-	-0.15%
EPS (Basic)	0.01	0.01	0.02	0.01	0.01	0.00
EPS (Diluted)	0.01	0.01	0.02	0.01	0.01	0.00
EPS Growth	34.66%	-53.65%	136.93%	17.82%	74.69%	-7.13%
Free Cash Flow	-0.38	0.56	11.21	1.81	23.25	-9.52
Free Cash Flow Per Share	-0.00	0.00	0.02	0.00	0.01	-0.00
Operating Margin	35.55%	38.19%	37.63%	35.65%	29.47%	23.14%
Profit Margin	31.20%	30.64%	40.76%	33.24%	34.83%	31.38%
Free Cash Flow Margin	-1.17%	2.03%	25.88%	2.97%	47.09%	-30.35%
Effective Tax Rate	30.70%	32.70%	23.87%	25.25%	26.21%	26.48%

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