NCT Alliance 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	475.61	258.2	279.48	241.31	209.89
Revenue Growth (YoY)	84.20%	-7.61%	15.82%	14.97%	172.95%
Cost of Revenue	329.7	190.92	175.71	143.15	135.37
Gross Profit	145.91	67.28	103.77	98.16	74.52
Selling, General & Admin	90.67	70.41	54.58	33.65	16.9
Other Operating Expenses	-45.99	-62.43	-14.92	-9.22	-3.6
Operating Expenses	44.68	7.99	39.66	24.43	13.29
Operating Income	101.23	59.29	64.12	73.73	61.23
Interest Expense	-20.9	-9.7	-11.49	-16.27	-11.36
EBT Excluding Unusual Items	80.33	49.59	52.63	57.46	49.87
Pretax Income	80.33	49.59	52.63	57.46	49.87
Income Tax Expense	32.2	14.81	14.75	13.28	16.14
Earnings From Continuing Operations	48.13	34.78	37.88	44.18	33.73
Net Income to Company	48.13	34.78	37.88	44.18	33.73
Minority Interest in Earnings	1.45	-0.28	-	-	-
Net Income	49.58	34.5	37.88	44.18	33.73
Net Income to Common	49.58	34.5	37.88	44.18	33.73
Net Income Growth	43.70%	-8.92%	-14.26%	30.98%	499.55%
Shares Outstanding (Basic)	1,898	1,657	1,398	1,003	656
Shares Outstanding (Diluted)	1,898	1,658	1,549	1,365	946
Shares Change (YoY)	14.50%	7.00%	13.50%	44.36%	87.94%
EPS (Basic)	0.03	0.02	0.03	0.04	0.05
EPS (Diluted)	0.03	0.02	0.02	0.03	0.04
EPS Growth	26.18%	-14.39%	-25.50%	-9.43%	220.29%
Free Cash Flow	-15.31	154.1	55.53	16.04	-190.09
Free Cash Flow Per Share	-0.01	0.09	0.04	0.01	-0.20
Gross Margin	30.68%	26.06%	37.13%	40.68%	35.50%
Operating Margin	21.28%	22.96%	22.94%	30.55%	29.17%
Profit Margin	10.42%	13.36%	13.55%	18.31%	16.07%
Free Cash Flow Margin	-3.22%	59.68%	19.87%	6.65%	-90.57%
EBITDA	102.69	60.16	64.55	74.99	61.33
EBITDA Margin	21.59%	23.30%	23.10%	31.08%	29.22%
D&A For EBITDA	1.46	0.87	0.43	1.26	0.1
EBIT	101.23	59.29	64.12	73.73	61.23
EBIT Margin	21.28%	22.96%	22.94%	30.55%	29.17%
Effective Tax Rate	40.08%	29.86%	28.02%	23.11%	32.36%

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