Nestcon 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	723.75	838.13	775.15	461.52	358.26
Revenue Growth (YoY)	-13.65%	8.13%	67.96%	28.82%	4.00%
Cost of Revenue	677.15	799.29	746.83	461.92	329.74
Gross Profit	46.6	38.84	28.31	-0.41	28.52
Selling, General & Admin	18.16	16.78	14.24	12.9	11.55
Other Operating Expenses	-2.22	0.7	-1.14	0.04	-0.61
Operating Expenses	15.94	17.48	13.1	12.94	10.95
Operating Income	30.66	21.37	15.21	-13.35	17.57
Interest Expense	-13.78	-15.16	-12.74	-7.82	-5.61
Interest & Investment Income	-	2	1.47	1.01	0.84
Currency Exchange Gain (Loss)	-	-	0.01	0.02	-
EBT Excluding Unusual Items	16.88	8.2	3.95	-20.13	12.8
Gain (Loss) on Sale of Investments	-	0.21	0.05	0.01	-
Gain (Loss) on Sale of Assets	-	1.37	1.37	1.45	-
Other Unusual Items	-	0	0	0	-
Pretax Income	16.88	9.78	5.37	-18.67	12.8
Income Tax Expense	5.04	3.31	1.47	-3.11	0.59
Earnings From Continuing Operations	11.83	6.47	3.9	-15.56	12.21
Minority Interest in Earnings	-0.34	1.39	-0.41	0.21	-
Net Income	11.49	7.86	3.49	-15.35	12.21
Net Income to Common	11.49	7.86	3.49	-15.35	12.21
Net Income Growth	46.18%	125.08%	-	-	-14.61%
Shares Outstanding (Basic)	756	709	679	647	565
Shares Outstanding (Diluted)	756	709	679	647	565
Shares Change (YoY)	6.68%	4.41%	4.87%	14.51%	17.08%
EPS (Basic)	0.02	0.01	0.01	-0.02	0.02
EPS (Diluted)	0.02	0.01	0.01	-0.02	0.02
EPS Growth	37.03%	115.58%	-	-	-27.07%
Free Cash Flow	28.33	44.86	-22.71	-82.94	-2.14
Free Cash Flow Per Share	0.04	0.06	-0.03	-0.13	-0.00
Gross Margin	6.44%	4.63%	3.65%	-0.09%	7.96%
Operating Margin	4.24%	2.55%	1.96%	-2.89%	4.91%
Profit Margin	1.59%	0.94%	0.45%	-3.33%	3.41%
Free Cash Flow Margin	3.91%	5.35%	-2.93%	-17.97%	-0.60%
EBITDA	51.54	39.3	31.66	-6.08	22.21
EBITDA Margin	7.12%	4.69%	4.08%	-1.32%	6.20%
D&A For EBITDA	20.89	17.94	16.44	7.27	4.64
EBIT	30.66	21.37	15.21	-13.35	17.57
EBIT Margin	4.24%	2.55%	1.96%	-2.89%	4.91%
Effective Tax Rate	29.88%	33.87%	27.32%	-	4.62%

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