Pappajack 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	134.16	117.95	109.42	69.96	54.12
Revenue Growth (YoY)	13.74%	7.80%	56.39%	29.26%	75.91%
Cost of Revenue	76.9	72.39	71.99	47.66	39.78
Gross Profit	57.26	45.56	37.43	22.3	14.35
Selling, General & Admin	11.81	10.59	8.17	7.13	3.72
Other Operating Expenses	-0.65	-0.25	-0.68	-0.16	-0.12
Operating Expenses	11.92	10.34	7.49	6.97	3.6
Operating Income	45.34	35.22	29.94	15.33	10.75
Interest Expense	-5.29	-2.35	-2.26	-0.86	-0.54
Interest & Investment Income	-	0.71	0.68	0.1	0
Pretax Income	40.05	33.58	28.36	14.57	10.21
Income Tax Expense	11.99	9.58	8.35	4.46	3.44
Earnings From Continuing Operations	28.06	24	20.01	10.12	6.77
Minority Interest in Earnings	-	-	-0.02	-0.03	0.02
Net Income	28.06	24	19.99	10.09	6.79
Net Income to Common	28.06	24	19.99	10.09	6.79
Net Income Growth	16.90%	20.09%	98.12%	48.66%	-17.32%
Shares Outstanding (Basic)	768	768	720	591	103
Shares Outstanding (Diluted)	768	768	720	591	103
Shares Change (YoY)	-	6.71%	21.88%	472.19%	-
EPS (Basic)	0.04	0.03	0.03	0.02	0.07
EPS (Diluted)	0.04	0.03	0.03	0.02	0.07
EPS Growth	16.90%	12.53%	62.56%	-74.02%	-17.32%
Free Cash Flow	-61.67	-20.27	-15.11	-63.03	1.97
Free Cash Flow Per Share	-0.08	-0.03	-0.02	-0.11	0.02
Dividend Per Share	0.018	0.010	0.005	-	-
Dividend Growth	75.00%	100.00%	-	-	-
Gross Margin	42.68%	38.63%	34.21%	31.87%	26.51%
Operating Margin	33.79%	29.86%	27.36%	21.92%	19.86%
Profit Margin	20.91%	20.35%	18.27%	14.42%	12.54%
Free Cash Flow Margin	-45.97%	-17.18%	-13.81%	-90.08%	3.64%
EBITDA	49.83	36.49	31	16.26	11.6
EBITDA Margin	37.14%	30.94%	28.33%	23.24%	21.43%
D&A For EBITDA	4.49	1.27	1.06	0.93	0.85
EBIT	45.34	35.22	29.94	15.33	10.75
EBIT Margin	33.79%	29.86%	27.36%	21.92%	19.86%
Effective Tax Rate	29.93%	28.53%	29.44%	30.58%	33.67%

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