NATGATE Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	1,224	638.3	945.75	760.87	566.25	326
Revenue Growth (YoY)	49.09%	-32.51%	24.30%	34.37%	73.70%	-
Cost of Revenue	1,079	526.99	794.27	664.11	510.14	304.47
Gross Profit	145.15	111.31	151.48	96.75	56.1	21.53
Selling, General & Admin	50.67	42.8	40.51	28.57	13.25	8.53
Other Operating Expenses	-7.42	-9.53	-5.69	-1.62	-0.48	-1.36
Operating Expenses	43.25	33.28	34.82	26.95	19.07	11.49
Operating Income	101.9	78.03	116.66	69.81	37.03	10.04
Interest Expense	-11.31	-10.18	-12.37	-7.2	-4.64	-3.39
Interest & Investment Income	3.09	2.68	0.33	0.06	0.05	0.07
Earnings From Equity Investments	0	0	-0	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-	0.54	-0.45
EBT Excluding Unusual Items	93.69	70.54	104.62	62.66	32.98	6.28
Gain (Loss) on Sale of Investments	-	-	-	-	0.01	0.06
Gain (Loss) on Sale of Assets	-	-	-	-	0.03	0.03
Asset Writedown	-	-	-	-	-0.12	-0.04
Other Unusual Items	3.84	-	-	-	0.01	-
Pretax Income	97.53	70.54	104.62	62.66	32.9	6.32
Income Tax Expense	13.55	9.61	19.01	3.11	2.23	1.06
Earnings From Continuing Operations	83.98	60.92	85.61	59.55	30.67	5.26
Minority Interest in Earnings	-1.24	-0.11	-0.34	-2.22	-0.06	-
Net Income	82.74	60.81	85.26	57.33	30.61	5.26
Net Income to Common	82.74	60.81	85.26	57.33	30.61	5.26
Net Income Growth	3.64%	-28.68%	48.73%	87.27%	481.56%	-
Shares Outstanding (Basic)	2,061	2,061	1,638	1,638	10	10
Shares Outstanding (Diluted)	2,061	2,061	1,638	1,638	10	10
Shares Change (YoY)	-22.83%	25.78%	-	16284.07%	-	-
EPS (Basic)	0.04	0.03	0.05	0.03	3.06	0.53
EPS (Diluted)	0.04	0.03	0.05	0.03	3.06	0.53
EPS Growth	34.30%	-43.30%	48.73%	-98.86%	481.56%	-
Free Cash Flow	16.67	97.65	-17.78	2.73	6.15	-48.84
Free Cash Flow Per Share	0.01	0.05	-0.01	0.00	0.62	-4.88
Dividend Per Share	0.010	0.010	0.010	1.250	0.500	-
Dividend Growth	-33.33%	0%	-99.20%	150.00%	-	-
Gross Margin	11.86%	17.44%	16.02%	12.72%	9.91%	6.60%
Operating Margin	8.33%	12.23%	12.34%	9.17%	6.54%	3.08%
Profit Margin	6.76%	9.53%	9.02%	7.53%	5.41%	1.61%
Free Cash Flow Margin	1.36%	15.30%	-1.88%	0.36%	1.09%	-14.98%
EBITDA	143.71	116.14	147.79	95.67	56.77	25.63
EBITDA Margin	11.74%	18.19%	15.63%	12.57%	10.03%	7.86%
D&A For EBITDA	41.81	38.1	31.13	25.86	19.74	15.59
EBIT	101.9	78.03	116.66	69.81	37.03	10.04
EBIT Margin	8.33%	12.23%	12.34%	9.17%	6.54%	3.08%
Effective Tax Rate	13.89%	13.63%	18.17%	4.97%	6.79%	16.72%

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