Pan Merchant Berhad Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	110.18	126.04	141.54
Revenue Growth	-9.07%	-10.95%	-
Cost of Revenue	73.65	82.56	91.31
Gross Profit	36.54	43.48	50.24
Selling, General & Admin	33.5	32.25	30.89
Other Operating Expenses	1.65	3.25	5.63
Operating Expenses	34.96	35.37	36.73
Operating Income	1.58	8.11	13.51
Interest Expense	-1.14	-1.14	-1.9
Pretax Income	0.43	6.97	11.61
Income Tax Expense	1.36	1.72	3.61
Earnings From Continuing Operations	-0.92	5.25	8
Minority Interest in Earnings	-0.32	-0.28	-0.33
Net Income	-1.24	4.97	7.68
Net Income to Common	-1.24	4.97	7.68
Net Income Growth	-	-35.30%	-
Shares Outstanding (Basic)	914	801	684
Shares Outstanding (Diluted)	914	801	684
Shares Change	33.00%	17.12%	-
EPS (Basic)	-0.00	0.01	0.01
EPS (Diluted)	-0.00	0.01	0.01
EPS Growth	-	-44.64%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Free Cash Flow	-4.47	8.09	9.52
Free Cash Flow Per Share	-0.01	0.01	0.01
Dividend Per Share	0.002	0.002	-
Dividend Growth	-	-	-
Gross Margin	33.16%	34.49%	35.49%
Operating Margin	1.43%	6.43%	9.54%
Profit Margin	-1.13%	3.94%	5.42%
Free Cash Flow Margin	-4.05%	6.42%	6.72%
EBITDA	3.94	10.56	15.72
EBITDA Margin	3.57%	8.38%	11.10%
D&A For EBITDA	2.36	2.45	2.21
EBIT	1.58	8.11	13.51
EBIT Margin	1.43%	6.43%	9.54%
Effective Tax Rate	314.38%	24.64%	31.06%