Pan Merchant Berhad (KLSE:PMIBHD)

Pan Merchant Berhad Income Statement

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

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec 31, 2025	Dec 31, 2024
Revenue	129.77	141.54
Revenue Growth (YoY)	-8.32%	-
Cost of Revenue	86.2	91.31
Gross Profit	43.57	50.24
Selling, General & Admin	32.27	30.89
Other Operating Expenses	3.29	5.63
Operating Expenses	35.43	36.73
Operating Income	8.13	13.51
Interest Expense	-1.14	-1.9
Pretax Income	6.99	11.61
Income Tax Expense	1.72	3.61
Earnings From Continuing Operations	5.28	8
Minority Interest in Earnings	-0.28	-0.33
Net Income	4.99	7.68
Net Income to Common	4.99	7.68
Net Income Growth	-34.97%	-
Shares Outstanding (Basic)	693	14
Shares Outstanding (Diluted)	908	914
Shares Change (YoY)	-0.68%	-
EPS (Basic)	0.01	0.54
EPS (Diluted)	0.01	0.01
EPS Growth	-34.52%	-
Free Cash Flow	8.18	9.52
Free Cash Flow Per Share	0.01	0.01
Gross Margin	33.57%	35.49%
Operating Margin	6.27%	9.54%
Profit Margin	3.85%	5.42%
Free Cash Flow Margin	6.30%	6.72%
EBITDA	10.58	15.72
EBITDA Margin	8.15%	11.10%
D&A For EBITDA	2.45	2.21
EBIT	8.13	13.51
EBIT Margin	6.27%	9.54%
Effective Tax Rate	24.55%	31.06%

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