Panda Eco System Berhad (KLSE:PANDA)

Panda Eco System Berhad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	38.8	31.16	23.77	20.98	20	16.4
Revenue Growth (YoY)	27.74%	31.10%	13.28%	4.89%	22.01%	23.17%
Cost of Revenue	20.33	13.95	10.84	9.33	8.71	6.81
Gross Profit	18.47	17.22	12.92	11.65	11.3	9.59
Selling, General & Admin	8.03	6.99	6.95	3.92	2.76	1.95
Operating Expenses	7.66	7.15	7	3.58	2.51	2.14
Operating Income	10.81	10.06	5.92	8.07	8.78	7.45
Interest Expense	-0.1	-0.02	-0.01	-0	-0.01	-0.04
Interest & Investment Income	-	-	-	-	0.09	0.12
Other Non Operating Income (Expenses)	1.04	1.04	0.39	0.41	0.14	0.14
EBT Excluding Unusual Items	11.75	11.08	6.31	8.47	9	7.67
Gain (Loss) on Sale of Investments	-	-	-	-	1.78	0.22
Asset Writedown	-	-	-	-	-0.35	-
Other Unusual Items	-	-	-	-	-	0.24
Pretax Income	11.75	11.08	6.31	8.47	10.43	8.13
Income Tax Expense	3.57	3	2	1.42	2.53	1.25
Net Income	8.72	8.08	4.3	7.05	7.9	6.87
Net Income to Common	8.72	8.08	4.3	7.05	7.9	6.87
Net Income Growth	58.28%	87.84%	-38.95%	-10.79%	14.98%	2.60%
Shares Outstanding (Basic)	677	671	573	562	562	562
Shares Outstanding (Diluted)	677	671	573	562	671	671
Shares Change (YoY)	3.35%	17.14%	1.97%	-16.28%	-	-
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.01
EPS Growth	52.57%	60.37%	-40.13%	4.52%	20.00%	-
Free Cash Flow	11.73	8.95	3.9	5.95	9.09	7.49
Free Cash Flow Per Share	0.02	0.01	0.01	0.01	0.01	0.01
Dividend Per Share	0.003	0.003	-	-	-	-
Gross Margin	47.59%	55.25%	54.37%	55.52%	56.48%	58.49%
Operating Margin	27.86%	32.29%	24.91%	38.47%	43.91%	45.43%
Profit Margin	22.48%	25.94%	18.10%	33.59%	39.49%	41.91%
Free Cash Flow Margin	30.23%	28.72%	16.41%	28.36%	45.45%	45.68%
EBITDA	11.6	10.32	6.06	8.22	9.01	7.64
EBITDA Margin	29.90%	33.11%	25.51%	39.16%	45.04%	46.62%
D&A For EBITDA	0.79	0.26	0.14	0.15	0.23	0.2
EBIT	10.81	10.06	5.92	8.07	8.78	7.45
EBIT Margin	27.86%	32.29%	24.91%	38.47%	43.91%	45.43%
Effective Tax Rate	30.40%	27.07%	31.77%	16.81%	24.26%	15.43%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.