Mi Technovation Berhad Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	625	463.46	355.96	389.48	375.48
Revenue Growth (YoY)	34.86%	30.20%	-8.61%	3.73%	63.96%
Cost of Revenue	465.12	202.85	164.7	185.66	178.55
Gross Profit	159.88	260.6	191.26	203.82	196.93
Selling, General & Admin	-	99.96	82.52	81.75	71.01
Other Operating Expenses	-	41.45	16.77	17.12	43.13
Operating Expenses	27.84	168.23	124.27	124.21	131.74
Operating Income	132.04	92.37	66.99	79.62	65.18
Interest Expense	-1.51	-1.69	-1.78	-1.95	-0.82
Interest & Investment Income	7.97	-	-	-	-
Earnings From Equity Investments	-0.1	0.68	0.31	-2.22	-0.85
Currency Exchange Gain (Loss)	-22.36	-	-	-	-
Other Non Operating Income (Expenses)	7.32	-	-	-	-
EBT Excluding Unusual Items	123.36	91.36	65.52	75.45	63.5
Asset Writedown	-	-0.66	-	-	-
Other Unusual Items	-	-	0	-	0
Pretax Income	123.36	90.7	65.52	75.45	63.51
Income Tax Expense	29.65	23.98	12.82	9.2	3.37
Earnings From Continuing Operations	93.71	66.72	52.7	66.25	60.14
Minority Interest in Earnings	0.08	1.35	2.41	2.61	1.71
Net Income	93.79	68.07	55.11	68.86	61.85
Net Income to Common	93.79	68.07	55.11	68.86	61.85
Net Income Growth	37.77%	23.52%	-19.97%	11.35%	14.51%
Shares Outstanding (Basic)	890	894	895	896	825
Shares Outstanding (Diluted)	891	895	896	898	826
Shares Change (YoY)	-0.45%	-0.14%	-0.25%	8.66%	10.79%
EPS (Basic)	0.11	0.08	0.06	0.08	0.07
EPS (Diluted)	0.11	0.08	0.06	0.08	0.07
EPS Growth	38.37%	23.74%	-19.82%	2.54%	3.32%
Free Cash Flow	94.37	24.51	68.82	69.77	2.68
Free Cash Flow Per Share	0.11	0.03	0.08	0.08	0.00
Dividend Per Share	0.030	0.060	0.040	0.040	0.050
Dividend Growth	-50.00%	50.00%	-	-20.00%	66.67%
Gross Margin	25.58%	56.23%	53.73%	52.33%	52.45%
Operating Margin	21.13%	19.93%	18.82%	20.44%	17.36%
Profit Margin	15.01%	14.69%	15.48%	17.68%	16.47%
Free Cash Flow Margin	15.10%	5.29%	19.33%	17.91%	0.71%
EBITDA	154.42	112.65	88.9	102.76	80.25
EBITDA Margin	24.71%	24.31%	24.97%	26.38%	21.37%
D&A For EBITDA	22.38	20.28	21.9	23.15	15.07
EBIT	132.04	92.37	66.99	79.62	65.18
EBIT Margin	21.13%	19.93%	18.82%	20.44%	17.36%
Effective Tax Rate	24.04%	26.44%	19.56%	12.19%	5.31%

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