Naim Holdings Berhad (KLSE:NAIM)

Naim Holdings Berhad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	439.17	498.46	316.95	368.57	422.25	589.3
Revenue Growth (YoY)	102.70%	57.27%	-14.00%	-12.71%	-28.35%	43.46%
Cost of Revenue	228.23	268.13	281.33	339.86	380.89	437.3
Gross Profit	210.94	230.33	35.62	28.7	41.36	151.99
Selling, General & Admin	25.24	31.49	26.36	27.63	22.9	29.01
Other Operating Expenses	11.19	-0.44	8.87	9.33	3.09	4.33
Operating Expenses	31.77	26.39	35.23	34.68	28.62	33.34
Operating Income	179.17	203.95	0.4	-5.97	12.74	118.65
Interest Expense	-5.88	-8.83	-11.11	-11.97	-12.15	-20.93
Interest & Investment Income	8.95	6.04	8.51	8.42	9.76	9.42
Earnings From Equity Investments	17.15	81.5	47.9	41.02	-78.84	4.35
Other Non Operating Income (Expenses)	-5.44	-	-	-	-	-
EBT Excluding Unusual Items	193.96	282.66	45.7	31.5	-68.5	111.49
Gain (Loss) on Sale of Investments	0.03	0.03	-2.69	-0.02	-3.38	-14.36
Gain (Loss) on Sale of Assets	0.4	0.4	0.18	0.04	0.51	4.06
Pretax Income	194.39	283.09	43.19	31.52	-71.37	101.19
Income Tax Expense	50.31	54.58	7.87	6.45	5.6	51.57
Earnings From Continuing Operations	144.08	228.52	35.31	25.07	-76.97	49.62
Minority Interest in Earnings	0.33	-0.28	-0.28	-0.26	-1.7	3.92
Net Income	144.41	228.24	35.03	24.81	-78.67	53.54
Net Income to Common	144.41	228.24	35.03	24.81	-78.67	53.54
Net Income Growth	28.39%	551.49%	41.22%	-	-	-5.46%
Shares Outstanding (Basic)	501	501	501	501	501	501
Shares Outstanding (Diluted)	501	501	501	501	501	501
Shares Change (YoY)	-	-	-	-	-	3.59%
EPS (Basic)	0.29	0.46	0.07	0.05	-0.16	0.11
EPS (Diluted)	0.29	0.46	0.07	0.05	-0.16	0.11
EPS Growth	28.39%	551.49%	41.22%	-	-	-8.73%
Free Cash Flow	127.65	184.81	7.7	14.16	20.44	345.78
Free Cash Flow Per Share	0.26	0.37	0.01	0.03	0.04	0.69
Dividend Per Share	-	-	-	-	0.079	0.099
Dividend Growth	-	-	-	-	-20.20%	-
Gross Margin	48.03%	46.21%	11.24%	7.79%	9.79%	25.79%
Operating Margin	40.80%	40.91%	0.13%	-1.62%	3.02%	20.14%
Profit Margin	32.88%	45.79%	11.05%	6.73%	-18.63%	9.09%
Free Cash Flow Margin	29.07%	37.08%	2.43%	3.84%	4.84%	58.68%
EBITDA	191.02	215.41	13.24	6.19	24.41	129.96
EBITDA Margin	43.50%	43.22%	4.18%	1.68%	5.78%	22.05%
D&A For EBITDA	11.85	11.47	12.84	12.16	11.67	11.31
EBIT	179.17	203.95	0.4	-5.97	12.74	118.65
EBIT Margin	40.80%	40.91%	0.13%	-1.62%	3.02%	20.14%
Effective Tax Rate	25.88%	19.28%	18.23%	20.45%	-	50.96%

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