Ocean Fresh 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	157.08	163.71	159.45	156.33	158.47
Revenue Growth (YoY)	-4.06%	2.67%	2.00%	-1.35%	68.48%
Cost of Revenue	144.44	147.16	138.37	138.69	142.43
Gross Profit	12.63	16.55	21.09	17.64	16.04
Selling, General & Admin	10.77	13.56	11.48	10.78	11.72
Other Operating Expenses	1.02	-	-	0.96	0.38
Operating Expenses	10.58	14.31	12.77	11.73	12.23
Operating Income	2.05	2.24	8.32	5.91	3.81
Interest Expense	-0.15	-0.17	-0.2	-0.09	-0.16
Interest & Investment Income	-	-	-	0.01	0
Currency Exchange Gain (Loss)	-	-	-	0.86	0.63
Other Non Operating Income (Expenses)	-	0.23	-1.13	0.23	0.08
EBT Excluding Unusual Items	1.9	2.3	6.99	6.91	4.36
Gain (Loss) on Sale of Assets	-	-	-	0.06	0.01
Pretax Income	1.9	2.3	6.99	6.97	4.36
Income Tax Expense	0.96	0.38	0.04	1.38	0.34
Earnings From Continuing Operations	0.94	1.92	6.96	5.59	4.03
Earnings From Discontinued Operations	-	-	-0.01	-0.01	-0.01
Net Income to Company	0.94	1.92	6.95	5.58	4.02
Minority Interest in Earnings	-	-	-0.01	0.01	0.03
Net Income	0.94	1.92	6.94	5.59	4.05
Net Income to Common	0.94	1.92	6.94	5.59	4.05
Net Income Growth	-51.13%	-72.34%	24.10%	38.21%	63.22%
Shares Outstanding (Basic)	210	185	160	5	5
Shares Outstanding (Diluted)	210	185	160	5	5
Shares Change (YoY)	13.69%	15.46%	3245.10%	5.51%	0.04%
EPS (Basic)	0.00	0.01	0.04	1.17	0.89
EPS (Diluted)	0.00	0.01	0.04	1.17	0.89
EPS Growth	-57.02%	-76.04%	-96.29%	31.46%	62.53%
Free Cash Flow	0.53	2.75	-3.09	1.46	2.28
Free Cash Flow Per Share	0.00	0.01	-0.02	0.31	0.50
Dividend Per Share	-	-	-	-	0.050
Gross Margin	8.04%	10.11%	13.23%	11.28%	10.12%
Operating Margin	1.30%	1.37%	5.22%	3.78%	2.40%
Profit Margin	0.60%	1.17%	4.35%	3.58%	2.55%
Free Cash Flow Margin	0.34%	1.68%	-1.94%	0.94%	1.44%
EBITDA	2.72	2.99	9.02	6.53	4.32
EBITDA Margin	1.73%	1.82%	5.66%	4.18%	2.73%
D&A For EBITDA	0.67	0.75	0.7	0.62	0.51
EBIT	2.05	2.24	8.32	5.91	3.81
EBIT Margin	1.30%	1.37%	5.22%	3.78%	2.40%
Effective Tax Rate	50.61%	16.46%	0.52%	19.77%	7.73%

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