KLSE: MERSEC Income Statement

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

Millions MYR. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2017
Period Ending	Oct '24 Oct 31, 2024	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021	Oct '20 Oct 31, 2020	2019 - 2017
Total Interest Expense	0.02	0.02	0.03	0.05	0.06	0.38	Upgrade
Net Interest Income	-0.02	-0.02	-0.03	-0.05	-0.06	-0.38	Upgrade
Brokerage Commission	32.57	32.57	11.39	13.28	27.07	27.16	Upgrade
Underwriting & Investment Banking Fee	-	-	0.66	1.01	-	0.64	Upgrade
Other Revenue	-	-	15.35	29.09	33.94	21.97	Upgrade
Revenue	32.56	32.56	27.38	43.33	60.94	49.38	Upgrade
Revenue Growth (YoY)	-46.58%	18.92%	-36.82%	-28.89%	23.42%	57.41%	Upgrade
Salaries & Employee Benefits	-	-	-	-	4.51	3.33	Upgrade
Cost of Services Provided	20.8	20.8	16.84	27.03	32.56	29.91	Upgrade
Other Operating Expenses	-	-	-	-	1.3	0.86	Upgrade
Total Operating Expenses	20.8	20.8	16.92	27.03	39.22	34.83	Upgrade
Operating Income	11.76	11.76	10.46	16.31	21.72	14.55	Upgrade
Currency Exchange Gains	-	-	-	-	0.4	-	Upgrade
Other Non-Operating Income (Expenses)	6.21	6.21	4.61	2.95	2.78	3.37	Upgrade
EBT Excluding Unusual Items	17.97	17.97	15.07	19.25	24.9	17.93	Upgrade
Gain (Loss) on Sale of Investments	0.73	0.73	1.33	3.95	2.2	5.38	Upgrade
Other Unusual Items	-	-	-3.93	-	-	-	Upgrade
Pretax Income	18.69	18.69	12.46	23.2	27.1	23.31	Upgrade
Income Tax Expense	4.65	4.65	4.08	5.54	6.84	6.11	Upgrade
Earnings From Continuing Ops.	14.05	14.05	8.39	17.66	20.26	17.2	Upgrade
Minority Interest in Earnings	0.01	0.01	-	-	-	-	Upgrade
Net Income	14.06	14.06	8.39	17.66	20.26	17.2	Upgrade
Net Income to Common	14.06	14.06	8.39	17.66	20.26	17.2	Upgrade
Net Income Growth	-30.61%	67.61%	-52.51%	-12.82%	17.81%	74.69%	Upgrade
Shares Outstanding (Basic)	893	893	754	736	2,000	2,000	Upgrade
Shares Outstanding (Diluted)	893	893	754	736	2,000	2,000	Upgrade
Shares Change (YoY)	-55.35%	18.44%	2.46%	-63.20%	0.00%	-	Upgrade
EPS (Basic)	0.02	0.02	0.01	0.02	0.01	0.01	Upgrade
EPS (Diluted)	0.02	0.02	0.01	0.02	0.01	0.01	Upgrade
EPS Growth	54.99%	41.14%	-53.65%	136.93%	17.82%	74.69%	Upgrade
Free Cash Flow	4.06	4.06	0.56	11.21	1.81	23.25	Upgrade
Free Cash Flow Per Share	0.00	0.00	0.00	0.02	0.00	0.01	Upgrade
Operating Margin	36.12%	36.12%	38.19%	37.63%	35.65%	29.47%	Upgrade
Profit Margin	43.18%	43.18%	30.64%	40.76%	33.24%	34.83%	Upgrade
Free Cash Flow Margin	12.48%	12.48%	2.03%	25.88%	2.97%	47.09%	Upgrade
Effective Tax Rate	24.85%	24.85%	32.70%	23.87%	25.25%	26.21%	Upgrade

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