Mi Technovation Berhad (KLSE: MI)

Mi Technovation Berhad Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	429.37	355.96	389.48	375.48	229	191.13
Revenue Growth (YoY)	16.77%	-8.61%	3.73%	63.96%	19.81%	19.17%
Cost of Revenue	206.91	164.7	185.66	178.55	103.65	98.21
Gross Profit	222.46	191.26	203.82	196.93	125.35	92.92
Selling, General & Admin	82.52	82.52	81.75	71.01	36.94	38.47
Other Operating Expenses	16.77	16.77	17.12	43.13	24.66	-5.31
Operating Expenses	124.59	124.27	124.21	131.74	69.27	33.16
Operating Income	97.87	66.99	79.62	65.18	56.09	59.77
Interest Expense	-1.54	-1.78	-1.95	-0.82	-0.38	-0.24
Earnings From Equity Investments	0.31	0.31	-2.22	-0.85	-	-
Other Non Operating Income (Expenses)	2.3	-	-	-	-	-
EBT Excluding Unusual Items	98.94	65.52	75.45	63.5	55.71	59.53
Other Unusual Items	0	0	-	0	0.01	-
Pretax Income	98.94	65.52	75.45	63.51	55.72	59.53
Income Tax Expense	19.89	12.82	9.2	3.37	2	0.36
Earnings From Continuing Operations	79.05	52.7	66.25	60.14	53.71	59.17
Minority Interest in Earnings	1.3	2.41	2.61	1.71	0.29	-
Net Income	80.35	55.11	68.86	61.85	54.01	59.17
Net Income to Common	80.35	55.11	68.86	61.85	54.01	59.17
Net Income Growth	20.84%	-19.97%	11.35%	14.51%	-8.72%	33.41%
Shares Outstanding (Basic)	894	895	896	825	746	748
Shares Outstanding (Diluted)	895	896	898	826	746	748
Shares Change (YoY)	-0.25%	-0.25%	8.66%	10.79%	-0.28%	14.12%
EPS (Basic)	0.09	0.06	0.08	0.07	0.07	0.08
EPS (Diluted)	0.09	0.06	0.08	0.07	0.07	0.08
EPS Growth	20.98%	-19.82%	2.54%	3.32%	-8.47%	16.91%
Free Cash Flow	54.65	68.82	69.77	2.68	-9.51	-27.98
Free Cash Flow Per Share	0.06	0.08	0.08	0.00	-0.01	-0.04
Dividend Per Share	0.045	0.040	0.040	0.050	0.030	0.037
Dividend Growth	12.50%	0%	-20.00%	66.67%	-18.18%	10.11%
Gross Margin	51.81%	53.73%	52.33%	52.45%	54.74%	48.62%
Operating Margin	22.79%	18.82%	20.44%	17.36%	24.49%	31.27%
Profit Margin	18.71%	15.48%	17.68%	16.47%	23.58%	30.96%
Free Cash Flow Margin	12.73%	19.33%	17.91%	0.71%	-4.15%	-14.64%
EBITDA	118.98	88.9	102.76	80.25	62.3	63.35
EBITDA Margin	27.71%	24.97%	26.38%	21.37%	27.20%	33.14%
D&A For EBITDA	21.11	21.9	23.15	15.07	6.21	3.58
EBIT	97.87	66.99	79.62	65.18	56.09	59.77
EBIT Margin	22.79%	18.82%	20.44%	17.36%	24.49%	31.27%
Effective Tax Rate	20.10%	19.56%	12.19%	5.31%	3.60%	0.61%

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