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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	528.35	523.63	556.54	486.23	393.55	315.97
Revenue Growth (YoY)	-2.96%	-5.91%	14.46%	23.55%	24.55%	-13.49%
Cost of Revenue	441.58	435.08	479.81	429.11	338.65	274.11
Gross Profit	86.77	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	-3.67	-1.2	-1.09	-1.21	-0.76	-0.56
Operating Expenses	64.21	66.68	55.19	82.22	46.54	41.51
Operating Income	22.56	21.87	21.55	-25.1	8.36	0.35
Interest Expense	-3.23	-3.26	-4.69	-4.86	-4.8	-6.34
Interest & Investment Income	1.04	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	20.5	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	43.56	42.79	84.23	15.71	2.54	1.71
Income Tax Expense	12.14	13.27	33.85	0.83	1.9	0.32
Earnings From Continuing Operations	31.42	29.52	50.37	14.88	0.64	1.39
Minority Interest in Earnings	-0.1	-0.16	0.1	-0.03	1	0.03
Net Income	31.33	29.37	50.47	14.85	1.63	1.42
Net Income to Common	31.33	29.37	50.47	14.85	1.63	1.42
Net Income Growth	-31.64%	-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)	6.55%	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	-35.87%	-46.61%	214.09%	753.98%	8.32%	-76.74%
Free Cash Flow	36.16	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	19.36%	-10.00%	34.77%	24.92%	-	-
Gross Margin	16.42%	16.91%	13.79%	11.75%	13.95%	13.25%
Operating Margin	4.27%	4.18%	3.87%	-5.16%	2.12%	0.11%
Profit Margin	5.93%	5.61%	9.07%	3.05%	0.41%	0.45%
Free Cash Flow Margin	6.84%	4.80%	9.29%	7.77%	3.32%	1.19%
EBITDA	47.78	46.08	44.6	1.14	23.01	14.78
EBITDA Margin	9.04%	8.80%	8.01%	0.23%	5.85%	4.68%
D&A For EBITDA	25.22	24.21	23.05	26.24	14.65	14.43
EBIT	22.56	21.87	21.55	-25.1	8.36	0.35
EBIT Margin	4.27%	4.18%	3.87%	-5.16%	2.12%	0.11%
Effective Tax Rate	27.87%	31.00%	40.19%	5.28%	74.82%	18.79%

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