Pansar Berhad (KLSE:PANSAR)

Pansar Berhad Income Statement

Financials in millions MYR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	1,259	1,104	1,036	824.94	601.55	304
Revenue Growth (YoY)	20.46%	6.52%	25.58%	37.14%	97.88%	-10.24%
Cost of Revenue	1,131	981.93	927.37	735.73	535.52	262.66
Gross Profit	128.16	121.57	108.61	89.22	66.03	41.33
Selling, General & Admin	80.72	74.05	70.92	66.73	60.44	42.77
Other Operating Expenses	8.85	3.79	2.37	0.35	0.5	0.57
Operating Expenses	93.85	82.11	70.56	68.86	57.44	44.68
Operating Income	34.31	39.46	38.04	20.35	8.59	-3.35
Interest Expense	-11.45	-12.48	-12.04	-8.91	-6.14	-0.88
Interest & Investment Income	0.45	0.45	0.52	0.59	1.08	1.24
Earnings From Equity Investments	3.34	1.21	3.01	1.17	0.79	0.12
Other Non Operating Income (Expenses)	11.52	11.58	4.81	4.53	3.23	5.01
EBT Excluding Unusual Items	38.16	40.22	34.34	17.73	7.56	2.14
Merger & Restructuring Charges	-	-	-	-	-2.37	-
Gain (Loss) on Sale of Investments	-	-	-2.02	-1.5	-	9.86
Asset Writedown	-4.02	-4.02	-3.97	-2.53	-1.68	-
Pretax Income	34.14	36.2	28.35	13.7	3.51	12
Income Tax Expense	10.68	10.14	6.7	4.76	2.82	1.23
Earnings From Continuing Operations	23.46	26.06	21.65	8.94	0.69	10.77
Minority Interest in Earnings	-	-	0.17	-0.22	0.23	-0.06
Net Income	23.46	26.06	21.82	8.72	0.92	10.71
Net Income to Common	23.46	26.06	21.82	8.72	0.92	10.71
Net Income Growth	-8.05%	19.43%	150.15%	847.68%	-91.40%	45.69%
Shares Outstanding (Basic)	512	506	465	460	460	458
Shares Outstanding (Diluted)	690	690	695	915	918	689
Shares Change (YoY)	-0.78%	-0.74%	-24.12%	-0.31%	33.21%	50.52%
EPS (Basic)	0.05	0.05	0.05	0.02	0.00	0.02
EPS (Diluted)	0.03	0.04	0.03	0.01	0.00	0.02
EPS Growth	-7.45%	20.38%	230.55%	849.90%	-93.55%	-3.40%
Free Cash Flow	103.76	15.56	8.31	-63.93	-105.87	4.21
Free Cash Flow Per Share	0.15	0.02	0.01	-0.07	-0.12	0.01
Dividend Per Share	0.005	0.005	0.004	0.004	-	0.007
Dividend Growth	25.00%	25.00%	14.29%	-	-	-50.00%
Gross Margin	10.17%	11.02%	10.48%	10.81%	10.98%	13.60%
Operating Margin	2.72%	3.58%	3.67%	2.47%	1.43%	-1.10%
Profit Margin	1.86%	2.36%	2.11%	1.06%	0.15%	3.52%
Free Cash Flow Margin	8.24%	1.41%	0.80%	-7.75%	-17.60%	1.39%
EBITDA	45.06	50.41	51.69	33.27	18.2	-1.76
EBITDA Margin	3.58%	4.57%	4.99%	4.03%	3.03%	-0.58%
D&A For EBITDA	10.75	10.95	13.65	12.92	9.61	1.58
EBIT	34.31	39.46	38.04	20.35	8.59	-3.35
EBIT Margin	2.72%	3.58%	3.67%	2.47%	1.43%	-1.10%
Effective Tax Rate	31.29%	28.00%	23.62%	34.73%	80.38%	10.25%

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