Naim Holdings 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	196.83	498.46	316.95	368.57	422.25
Revenue Growth (YoY)	-60.51%	57.27%	-14.00%	-12.71%	-28.35%
Cost of Revenue	167.81	268.13	281.33	339.86	380.89
Gross Profit	29.02	230.33	35.62	28.7	41.36
Selling, General & Admin	24.71	31.49	26.36	27.63	22.9
Other Operating Expenses	15.92	-0.85	8.7	9.33	3.09
Operating Expenses	40.63	25.99	35.05	34.68	28.62
Operating Income	-11.61	204.35	0.57	-5.97	12.74
Interest Expense	-5.01	-8.83	-11.11	-11.97	-12.15
Interest & Investment Income	11.42	6.04	8.51	8.42	9.76
Earnings From Equity Investments	27.05	81.5	47.9	41.02	-78.84
EBT Excluding Unusual Items	21.85	283.06	45.87	31.5	-68.5
Gain (Loss) on Sale of Investments	10.3	0.03	-2.69	-0.02	-3.38
Gain (Loss) on Sale of Assets	-	-	-	0.04	0.51
Pretax Income	32.15	283.09	43.19	31.52	-71.37
Income Tax Expense	6.1	54.58	7.87	6.45	5.6
Earnings From Continuing Operations	26.05	228.52	35.31	25.07	-76.97
Minority Interest in Earnings	2.38	-0.28	-0.28	-0.26	-1.7
Net Income	28.43	228.24	35.03	24.81	-78.67
Net Income to Common	28.43	228.24	35.03	24.81	-78.67
Net Income Growth	-87.54%	551.49%	41.22%	-	-
Shares Outstanding (Basic)	501	501	501	501	501
Shares Outstanding (Diluted)	501	501	501	501	501
EPS (Basic)	0.06	0.46	0.07	0.05	-0.16
EPS (Diluted)	0.06	0.46	0.07	0.05	-0.16
EPS Growth	-87.54%	551.49%	41.22%	-	-
Free Cash Flow	-44.63	184.81	7.7	14.16	20.44
Free Cash Flow Per Share	-0.09	0.37	0.01	0.03	0.04
Dividend Per Share	-	-	-	-	0.079
Dividend Growth	-	-	-	-	-20.20%
Gross Margin	14.74%	46.21%	11.24%	7.79%	9.79%
Operating Margin	-5.90%	41.00%	0.18%	-1.62%	3.02%
Profit Margin	14.44%	45.79%	11.05%	6.73%	-18.63%
Free Cash Flow Margin	-22.68%	37.08%	2.43%	3.84%	4.84%
EBITDA	0.17	215.82	13.42	6.19	24.41
EBITDA Margin	0.08%	43.30%	4.23%	1.68%	5.78%
D&A For EBITDA	11.78	11.47	12.84	12.16	11.67
EBIT	-11.61	204.35	0.57	-5.97	12.74
EBIT Margin	-5.90%	41.00%	0.18%	-1.62%	3.02%
Effective Tax Rate	18.97%	19.28%	18.23%	20.45%	-

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