Reach Ten Holdings Berhad (KLSE:REACHTEN)

Reach Ten Holdings Berhad Income Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	182.26	174.69	86.01
Revenue Growth (YoY)	4.33%	103.10%	-
Cost of Revenue	102.76	107.89	69.3
Gross Profit	79.49	66.8	16.71
Selling, General & Admin	5.01	2.74	1.84
Operating Expenses	7.13	5.07	3.15
Operating Income	72.36	61.73	13.56
Interest Expense	-0.38	-0.55	-0.39
Interest & Investment Income	1.32	0.1	0.02
Currency Exchange Gain (Loss)	0.15	0.06	0.01
Other Non Operating Income (Expenses)	-3.75	-3.33	-1.39
EBT Excluding Unusual Items	69.7	58.01	11.81
Gain (Loss) on Sale of Assets	0	0	-
Other Unusual Items	0	-	0.03
Pretax Income	69.7	58.01	11.84
Income Tax Expense	18.37	14.26	3
Net Income	51.33	43.75	8.84
Net Income to Common	51.33	43.75	8.84
Net Income Growth	17.31%	394.77%	-
Shares Outstanding (Basic)	7	3	3
Shares Outstanding (Diluted)	7	3	3
Shares Change (YoY)	148.26%	-	-
EPS (Basic)	7.66	16.21	3.28
EPS (Diluted)	7.66	16.21	3.28
EPS Growth	-52.75%	394.77%	-
Free Cash Flow	61.15	25.47	20.53
Free Cash Flow Per Share	9.12	9.43	7.61
Gross Margin	43.62%	38.24%	19.43%
Operating Margin	39.70%	35.34%	15.77%
Profit Margin	28.16%	25.05%	10.28%
Free Cash Flow Margin	33.55%	14.58%	23.87%
EBITDA	74.48	63.27	14.77
EBITDA Margin	40.87%	36.22%	17.17%
D&A For EBITDA	2.12	1.54	1.21
EBIT	72.36	61.73	13.56
EBIT Margin	39.70%	35.34%	15.77%
Effective Tax Rate	26.36%	24.58%	25.32%

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