PWF Corporation Bhd. (KLSE:PWF)

PWF Corporation Bhd. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	518.34	523.63	556.54	486.23	393.55	315.97
Revenue Growth (YoY)	-2.13%	-5.91%	14.46%	23.55%	24.55%	-13.49%
Cost of Revenue	436.3	435.08	479.81	429.11	338.65	274.11
Gross Profit	82.04	88.55	76.73	57.12	54.9	41.86
Selling, General & Admin	67.48	67.48	55.99	82.05	47.26	42.07
Other Operating Expenses	-4.13	-1.2	-1.09	-1.21	-0.76	-0.56
Operating Expenses	63.75	66.68	55.19	82.22	46.54	41.51
Operating Income	18.29	21.87	21.55	-25.1	8.36	0.35
Interest Expense	-3.22	-3.26	-4.69	-4.86	-4.8	-6.34
Interest & Investment Income	0.94	0.98	0.21	0.18	0.23	0.19
Earnings From Equity Investments	-0.12	-0.12	-0.06	-0.08	-	-
Currency Exchange Gain (Loss)	0.25	0.25	0.06	-	0.29	1.28
Other Non Operating Income (Expenses)	-	-	-	-	-2.59	-
EBT Excluding Unusual Items	16.13	19.72	17.07	-29.87	1.48	-4.52
Gain (Loss) on Sale of Investments	0.08	0.08	0.79	0.03	0.22	0.94
Gain (Loss) on Sale of Assets	4.4	4.4	0.16	0.25	0.82	0.05
Asset Writedown	0.17	0.17	-	-	-	4.97
Other Unusual Items	18.41	18.41	66.21	45.31	-	-
Pretax Income	39.19	42.79	84.23	15.71	2.54	1.71
Income Tax Expense	6.27	13.27	33.85	0.83	1.9	0.32
Earnings From Continuing Operations	32.92	29.52	50.37	14.88	0.64	1.39
Minority Interest in Earnings	-0.01	-0.16	0.1	-0.03	1	0.03
Net Income	32.91	29.37	50.47	14.85	1.63	1.42
Net Income to Common	32.91	29.37	50.47	14.85	1.63	1.42
Net Income Growth	-30.36%	-41.81%	239.85%	809.07%	15.23%	-77.41%
Shares Outstanding (Basic)	315	316	290	265	245	232
Shares Outstanding (Diluted)	315	316	290	267	250	236
Shares Change (YoY)	1.63%	8.98%	8.33%	6.87%	5.94%	-3.05%
EPS (Basic)	0.10	0.09	0.17	0.06	0.01	0.01
EPS (Diluted)	0.10	0.09	0.17	0.06	0.01	0.01
EPS Growth	-31.49%	-46.61%	214.09%	753.98%	8.32%	-76.74%
Free Cash Flow	24.78	25.14	51.7	37.78	13.07	3.77
Free Cash Flow Per Share	0.08	0.08	0.18	0.14	0.05	0.02
Dividend Per Share	0.050	0.045	0.050	0.037	0.030	-
Dividend Growth	17.65%	-10.00%	34.77%	24.92%	-	-
Gross Margin	15.83%	16.91%	13.79%	11.75%	13.95%	13.25%
Operating Margin	3.53%	4.18%	3.87%	-5.16%	2.12%	0.11%
Profit Margin	6.35%	5.61%	9.07%	3.05%	0.41%	0.45%
Free Cash Flow Margin	4.78%	4.80%	9.29%	7.77%	3.32%	1.19%
EBITDA	37.63	46.08	44.6	1.14	23.01	14.78
EBITDA Margin	7.26%	8.80%	8.01%	0.23%	5.85%	4.68%
D&A For EBITDA	19.35	24.21	23.05	26.24	14.65	14.43
EBIT	18.29	21.87	21.55	-25.1	8.36	0.35
EBIT Margin	3.53%	4.18%	3.87%	-5.16%	2.12%	0.11%
Effective Tax Rate	16.00%	31.00%	40.19%	5.28%	74.82%	18.79%

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