KLSE:MERSEC Income Statement

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

Millions MYR. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Total Interest Expense	0	0.02	0.03	0.05	0.06
Net Interest Income	-0	-0.02	-0.03	-0.05	-0.06
Brokerage Commission	36.2	12.36	11.39	13.28	27.07
Underwriting & Investment Banking Fee	-	0.73	0.66	1.01	-
Other Revenue	-	19.48	15.35	29.09	33.94
Revenue	36.2	32.56	27.38	43.33	60.94
Revenue Growth (YoY)	11.19%	18.92%	-36.82%	-28.89%	23.42%
Salaries & Employee Benefits	-	-	-	-	4.51
Cost of Services Provided	23.36	21.05	19.84	27.03	32.56
Other Operating Expenses	-	-	-	-	1.3
Total Operating Expenses	23.36	21.15	19.92	27.03	39.22
Operating Income	12.84	11.4	7.46	16.31	21.72
Currency Exchange Gains	-	-	-	-	0.4
Other Non-Operating Income (Expenses)	5.31	6.28	4.61	2.95	2.78
EBT Excluding Unusual Items	18.15	17.69	12.07	19.25	24.9
Gain (Loss) on Sale of Investments	1.72	1.07	1.33	3.95	2.2
Other Unusual Items	-	-	-0.93	-	-
Pretax Income	19.87	18.76	12.46	23.2	27.1
Income Tax Expense	5.25	4.73	4.08	5.54	6.84
Earnings From Continuing Ops.	14.62	14.03	8.39	17.66	20.26
Minority Interest in Earnings	0.01	0.01	-	-	-
Net Income	14.62	14.04	8.39	17.66	20.26
Net Income to Common	14.62	14.04	8.39	17.66	20.26
Net Income Growth	4.16%	67.38%	-52.51%	-12.82%	17.81%
Shares Outstanding (Basic)	893	893	754	736	2,000
Shares Outstanding (Diluted)	893	893	754	736	2,000
Shares Change (YoY)	-	18.44%	2.46%	-63.20%	-
EPS (Basic)	0.02	0.02	0.01	0.02	0.01
EPS (Diluted)	0.02	0.02	0.01	0.02	0.01
EPS Growth	4.16%	41.33%	-53.65%	136.93%	17.82%
Free Cash Flow	-40.38	3.92	0.56	11.21	1.81
Free Cash Flow Per Share	-0.04	0.00	0.00	0.01	0.00
Dividend Per Share	0.005	0.005	-	-	-
Operating Margin	35.47%	35.03%	27.23%	37.63%	35.65%
Profit Margin	40.40%	43.12%	30.64%	40.76%	33.24%
Free Cash Flow Margin	-111.56%	12.03%	2.03%	25.88%	2.97%
Effective Tax Rate	26.42%	25.22%	32.70%	23.87%	25.25%

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