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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	448.64	355.96	389.48	375.48	229	191.13
Revenue Growth (YoY)	19.16%	-8.61%	3.73%	63.96%	19.81%	19.17%
Cost of Revenue	219.6	164.7	185.66	178.55	103.65	98.21
Gross Profit	229.04	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	124.4	124.27	124.21	131.74	69.27	33.16
Operating Income	104.64	66.99	79.62	65.18	56.09	59.77
Interest Expense	-1.49	-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)	-29.74	-	-	-	-	-
EBT Excluding Unusual Items	73.72	65.52	75.45	63.5	55.71	59.53
Other Unusual Items	0	0	-	0	0.01	-
Pretax Income	73.73	65.52	75.45	63.51	55.72	59.53
Income Tax Expense	15.65	12.82	9.2	3.37	2	0.36
Earnings From Continuing Operations	58.08	52.7	66.25	60.14	53.71	59.17
Minority Interest in Earnings	0.91	2.41	2.61	1.71	0.29	-
Net Income	58.99	55.11	68.86	61.85	54.01	59.17
Net Income to Common	58.99	55.11	68.86	61.85	54.01	59.17
Net Income Growth	-2.33%	-19.97%	11.35%	14.51%	-8.72%	33.41%
Shares Outstanding (Basic)	894	895	896	825	746	748
Shares Outstanding (Diluted)	894	896	898	826	746	748
Shares Change (YoY)	-0.21%	-0.25%	8.66%	10.79%	-0.28%	14.12%
EPS (Basic)	0.07	0.06	0.08	0.07	0.07	0.08
EPS (Diluted)	0.07	0.06	0.08	0.07	0.07	0.08
EPS Growth	-2.22%	-19.82%	2.54%	3.32%	-8.47%	16.91%
Free Cash Flow	34.06	68.82	69.77	2.68	-9.51	-27.98
Free Cash Flow Per Share	0.04	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	51.05%	53.73%	52.33%	52.45%	54.74%	48.62%
Operating Margin	23.32%	18.82%	20.44%	17.36%	24.49%	31.27%
Profit Margin	13.15%	15.48%	17.68%	16.47%	23.58%	30.96%
Free Cash Flow Margin	7.59%	19.33%	17.91%	0.71%	-4.15%	-14.64%
EBITDA	125.04	88.9	102.76	80.25	62.3	63.35
EBITDA Margin	27.87%	24.97%	26.38%	21.37%	27.20%	33.14%
D&A For EBITDA	20.4	21.9	23.15	15.07	6.21	3.58
EBIT	104.64	66.99	79.62	65.18	56.09	59.77
EBIT Margin	23.32%	18.82%	20.44%	17.36%	24.49%	31.27%
Effective Tax Rate	21.22%	19.56%	12.19%	5.31%	3.60%	0.61%

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