PWF Corporation Bhd. (KLSE: PWF)

PWF Corporation Bhd. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	539.91	556.54	486.23	393.55	315.97	365.25
Revenue Growth (YoY)	-1.34%	14.46%	23.55%	24.55%	-13.49%	3.86%
Cost of Revenue	470.62	479.81	429.11	338.65	274.11	309.85
Gross Profit	69.29	76.73	57.12	54.9	41.86	55.41
Selling, General & Admin	55.99	55.99	82.05	47.26	42.07	43.59
Other Operating Expenses	-7.33	-1.09	-1.21	-0.76	-0.56	-1.13
Operating Expenses	48.94	55.19	82.22	46.54	41.51	42.47
Operating Income	20.34	21.55	-25.1	8.36	0.35	12.94
Interest Expense	-4.08	-4.69	-4.86	-4.8	-6.34	-5.99
Interest & Investment Income	0.26	0.21	0.18	0.23	0.19	0.22
Earnings From Equity Investments	-0.06	-0.06	-0.08	-	-	-
Currency Exchange Gain (Loss)	0.06	0.06	-	0.29	1.28	0.04
Other Non Operating Income (Expenses)	-	-	-	-2.59	-	-
EBT Excluding Unusual Items	16.53	17.07	-29.87	1.48	-4.52	7.21
Gain (Loss) on Sale of Investments	0.79	0.79	0.03	0.22	0.94	0.85
Gain (Loss) on Sale of Assets	0.16	0.16	0.25	0.82	0.05	0.07
Asset Writedown	-	-	-	-	4.97	0.13
Other Unusual Items	66.21	66.21	45.31	-	-	-
Pretax Income	83.69	84.23	15.71	2.54	1.71	8.26
Income Tax Expense	36.37	33.85	0.83	1.9	0.32	2.66
Earnings From Continuing Operations	47.32	50.37	14.88	0.64	1.39	5.6
Minority Interest in Earnings	-0.08	0.1	-0.03	1	0.03	0.67
Net Income	47.24	50.47	14.85	1.63	1.42	6.28
Net Income to Common	47.24	50.47	14.85	1.63	1.42	6.28
Net Income Growth	97.65%	239.85%	809.06%	15.23%	-77.41%	-58.08%
Shares Outstanding (Basic)	305	290	265	245	232	232
Shares Outstanding (Diluted)	305	290	267	250	236	243
Shares Change (YoY)	10.52%	8.33%	6.87%	5.94%	-3.05%	-2.33%
EPS (Basic)	0.15	0.17	0.06	0.01	0.01	0.03
EPS (Diluted)	0.15	0.17	0.06	0.01	0.01	0.03
EPS Growth	78.97%	214.05%	753.98%	8.32%	-76.74%	-57.07%
Free Cash Flow	76.36	51.7	37.78	13.07	3.77	-3.46
Free Cash Flow Per Share	0.25	0.18	0.14	0.05	0.02	-0.01
Dividend Per Share	0.033	0.050	0.037	0.030	-	0.015
Dividend Growth	-40.83%	34.77%	24.92%	-	-	-33.18%
Gross Margin	12.83%	13.79%	11.75%	13.95%	13.25%	15.17%
Operating Margin	3.77%	3.87%	-5.16%	2.12%	0.11%	3.54%
Profit Margin	8.75%	9.07%	3.05%	0.42%	0.45%	1.72%
Free Cash Flow Margin	14.14%	9.29%	7.77%	3.32%	1.19%	-0.95%
EBITDA	39.17	44.6	1.14	23.01	14.78	32.64
EBITDA Margin	7.25%	8.01%	0.23%	5.85%	4.68%	8.94%
D&A For EBITDA	18.82	23.05	26.24	14.65	14.43	19.7
EBIT	20.34	21.55	-25.1	8.36	0.35	12.94
EBIT Margin	3.77%	3.87%	-5.16%	2.12%	0.11%	3.54%
Effective Tax Rate	43.46%	40.19%	5.28%	74.82%	18.79%	32.18%

Source: S&P Capital IQ. Standard template. Financial Sources.