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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	517.3	523.63	556.54	486.23	393.55	315.97
Revenue Growth (YoY)	-4.19%	-5.91%	14.46%	23.55%	24.55%	-13.49%
Cost of Revenue	443.85	435.08	479.81	429.11	338.65	274.11
Gross Profit	73.46	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	-9.93	-1.2	-1.09	-1.21	-0.76	-0.56
Operating Expenses	57.96	66.68	55.19	82.22	46.54	41.51
Operating Income	15.5	21.87	21.55	-25.1	8.36	0.35
Interest Expense	-3.06	-3.26	-4.69	-4.86	-4.8	-6.34
Interest & Investment Income	1.11	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	13.68	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	36.74	42.79	84.23	15.71	2.54	1.71
Income Tax Expense	6.37	13.27	33.85	0.83	1.9	0.32
Earnings From Continuing Operations	30.37	29.52	50.37	14.88	0.64	1.39
Minority Interest in Earnings	-0.03	-0.16	0.1	-0.03	1	0.03
Net Income	30.35	29.37	50.47	14.85	1.63	1.42
Net Income to Common	30.35	29.37	50.47	14.85	1.63	1.42
Net Income Growth	-35.75%	-41.81%	239.85%	809.07%	15.23%	-77.41%
Shares Outstanding (Basic)	317	316	290	265	245	232
Shares Outstanding (Diluted)	317	316	290	267	250	236
Shares Change (YoY)	3.78%	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	-38.09%	-46.61%	214.09%	753.98%	8.32%	-76.74%
Free Cash Flow	35.96	25.14	51.7	37.78	13.07	3.77
Free Cash Flow Per Share	0.11	0.08	0.18	0.14	0.05	0.02
Dividend Per Share	0.045	0.045	0.050	0.037	0.030	-
Dividend Growth	36.78%	-10.00%	34.77%	24.92%	-	-
Gross Margin	14.20%	16.91%	13.79%	11.75%	13.95%	13.25%
Operating Margin	3.00%	4.18%	3.87%	-5.16%	2.12%	0.11%
Profit Margin	5.87%	5.61%	9.07%	3.05%	0.41%	0.45%
Free Cash Flow Margin	6.95%	4.80%	9.29%	7.77%	3.32%	1.19%
EBITDA	33.26	46.08	44.6	1.14	23.01	14.78
EBITDA Margin	6.43%	8.80%	8.01%	0.23%	5.85%	4.68%
D&A For EBITDA	17.76	24.21	23.05	26.24	14.65	14.43
EBIT	15.5	21.87	21.55	-25.1	8.36	0.35
EBIT Margin	3.00%	4.18%	3.87%	-5.16%	2.12%	0.11%
Effective Tax Rate	17.33%	31.00%	40.19%	5.28%	74.82%	18.79%

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