NetX Holdings Berhad Income Statement

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

Millions MYR. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Revenue	8.9	12.35	16.83	13.65	11.01
Revenue Growth (YoY)	-27.92%	-26.64%	23.28%	24.00%	-26.09%
Cost of Revenue	3.66	4.37	8.41	9.26	9.75
Gross Profit	5.24	7.98	8.42	4.39	1.26
Selling, General & Admin	18.45	26.29	26.94	18.97	14.12
Other Operating Expenses	4.01	14.52	-1.27	1.87	0.69
Operating Expenses	22.46	40.81	25.66	20.84	14.81
Operating Income	-17.22	-32.83	-17.24	-16.45	-13.55
Interest Expense	-1.11	-1.04	-2.06	-2.16	-0.47
Earnings From Equity Investments	-0.35	-	-	-	-
Currency Exchange Gain (Loss)	-	6.16	6.1	6.03	3.6
EBT Excluding Unusual Items	-18.67	-27.71	-13.2	-12.58	-10.41
Gain (Loss) on Sale of Investments	-	-	-	-	-6.65
Asset Writedown	-	-1.85	-1.08	-3.52	-5.31
Pretax Income	-18.67	-29.56	-14.28	-16.1	-22.37
Income Tax Expense	-0.24	0.21	-	-0.01	-0.01
Earnings From Continuing Operations	-18.44	-29.76	-14.28	-16.09	-22.36
Minority Interest in Earnings	2.95	1.73	0.75	0.46	1.57
Net Income	-15.49	-28.03	-13.52	-15.63	-20.79
Net Income to Common	-15.49	-28.03	-13.52	-15.63	-20.79
Shares Outstanding (Basic)	938	938	865	836	836
Shares Outstanding (Diluted)	938	938	865	836	836
Shares Change (YoY)	-	8.49%	3.42%	-	354.24%
EPS (Basic)	-0.02	-0.03	-0.02	-0.02	-0.02
EPS (Diluted)	-0.02	-0.03	-0.02	-0.02	-0.02
Free Cash Flow	-7.3	-5.05	-0.8	-6.51	-5.46
Free Cash Flow Per Share	-0.01	-0.01	-0.00	-0.01	-0.01
Gross Margin	58.89%	64.63%	50.05%	32.19%	11.48%
Operating Margin	-193.45%	-265.87%	-102.40%	-120.45%	-123.03%
Profit Margin	-174.00%	-227.01%	-80.35%	-114.48%	-188.83%
Free Cash Flow Margin	-82.00%	-40.88%	-4.77%	-47.66%	-49.58%
EBITDA	-15.38	-29.92	-14.17	-12.65	-10.99
EBITDA Margin	-172.83%	-242.33%	-84.18%	-92.64%	-99.85%
D&A For EBITDA	1.84	2.91	3.07	3.8	2.55
EBIT	-17.22	-32.83	-17.24	-16.45	-13.55
EBIT Margin	-193.45%	-265.87%	-102.40%	-120.45%	-123.03%

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