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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	529.6	556.54	486.23	393.55	315.97	365.25
Revenue Growth (YoY)	-5.39%	14.46%	23.55%	24.55%	-13.49%	3.86%
Cost of Revenue	454.04	479.81	429.11	338.65	274.11	309.85
Gross Profit	75.56	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	0.38	-1.09	-1.21	-0.76	-0.56	-1.13
Operating Expenses	56.65	55.19	82.22	46.54	41.51	42.47
Operating Income	18.91	21.55	-25.1	8.36	0.35	12.94
Interest Expense	-3.5	-4.69	-4.86	-4.8	-6.34	-5.99
Interest & Investment Income	0.36	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	15.78	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	82.93	84.23	15.71	2.54	1.71	8.26
Income Tax Expense	35.55	33.85	0.83	1.9	0.32	2.66
Earnings From Continuing Operations	47.38	50.37	14.88	0.64	1.39	5.6
Minority Interest in Earnings	-0.12	0.1	-0.03	1	0.03	0.67
Net Income	47.26	50.47	14.85	1.63	1.42	6.28
Net Income to Common	47.26	50.47	14.85	1.63	1.42	6.28
Net Income Growth	45.73%	239.85%	809.06%	15.23%	-77.41%	-58.08%
Shares Outstanding (Basic)	310	290	265	245	232	232
Shares Outstanding (Diluted)	310	290	267	250	236	243
Shares Change (YoY)	10.10%	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	32.39%	214.05%	753.98%	8.32%	-76.74%	-57.07%
Free Cash Flow	63.48	51.7	37.78	13.07	3.77	-3.46
Free Cash Flow Per Share	0.20	0.18	0.14	0.05	0.02	-0.01
Dividend Per Share	0.043	0.050	0.037	0.030	-	0.015
Dividend Growth	13.33%	34.77%	24.92%	-	-	-33.18%
Gross Margin	14.27%	13.79%	11.75%	13.95%	13.25%	15.17%
Operating Margin	3.57%	3.87%	-5.16%	2.12%	0.11%	3.54%
Profit Margin	8.92%	9.07%	3.05%	0.42%	0.45%	1.72%
Free Cash Flow Margin	11.99%	9.29%	7.77%	3.32%	1.19%	-0.95%
EBITDA	43.83	44.6	1.14	23.01	14.78	32.64
EBITDA Margin	8.28%	8.01%	0.23%	5.85%	4.68%	8.94%
D&A For EBITDA	24.91	23.05	26.24	14.65	14.43	19.7
EBIT	18.91	21.55	-25.1	8.36	0.35	12.94
EBIT Margin	3.57%	3.87%	-5.16%	2.12%	0.11%	3.54%
Effective Tax Rate	42.87%	40.19%	5.28%	74.82%	18.79%	32.18%

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