Skygate Solutions Berhad Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	89.75	66.65	38.43	47.05	97.79
Revenue Growth (YoY)	34.65%	73.44%	-18.33%	-51.89%	-49.63%
Cost of Revenue	73.55	47.18	27.17	34.24	79.87
Gross Profit	16.2	19.47	11.26	12.81	17.93
Selling, General & Admin	30.21	16.9	10.48	9.92	13.62
Other Operating Expenses	-24.4	-7.78	-0.72	1.06	-5.03
Operating Expenses	5.81	9.12	9.75	10.98	10.12
Operating Income	10.39	10.35	1.51	1.84	7.8
Interest Expense	-5.76	-2.44	-1.03	-0.65	-1.41
Interest & Investment Income	-	0.88	2.01	0.74	0.25
Other Non Operating Income (Expenses)	-	-	-0.01	-	-
EBT Excluding Unusual Items	4.64	8.79	2.48	1.93	6.65
Gain (Loss) on Sale of Assets	-	-	-	-	0.38
Asset Writedown	-	-	-	-	1
Other Unusual Items	-	-	-	-	0.11
Pretax Income	4.64	8.79	2.48	1.93	8.13
Income Tax Expense	4.73	4.07	1.36	2.48	1.52
Earnings From Continuing Operations	-0.1	4.72	1.12	-0.55	6.61
Minority Interest in Earnings	3.47	0.92	-	-	-
Net Income	3.38	5.64	1.12	-0.55	6.61
Net Income to Common	3.38	5.64	1.12	-0.55	6.61
Net Income Growth	-40.13%	403.79%	-	-	-32.16%
Shares Outstanding (Basic)	324	307	302	302	302
Shares Outstanding (Diluted)	324	307	302	302	302
Shares Change (YoY)	5.68%	1.73%	-	-	0.16%
EPS (Basic)	0.01	0.02	0.00	-0.00	0.02
EPS (Diluted)	0.01	0.02	0.00	-0.00	0.02
EPS Growth	-43.35%	395.26%	-	-	-32.31%
Free Cash Flow	17.66	24.02	-14.91	11.22	30.96
Free Cash Flow Per Share	0.05	0.08	-0.05	0.04	0.10
Dividend Per Share	-	-	-	-	0.005
Dividend Growth	-	-	-	-	-92.86%
Gross Margin	18.05%	29.21%	29.30%	27.23%	18.33%
Operating Margin	11.58%	15.53%	3.92%	3.91%	7.98%
Profit Margin	3.76%	8.46%	2.91%	-1.16%	6.76%
Free Cash Flow Margin	19.68%	36.05%	-38.81%	23.84%	31.66%
EBITDA	11.88	11.84	2.01	2.49	8.91
EBITDA Margin	13.24%	17.77%	5.23%	5.30%	9.11%
D&A For EBITDA	1.49	1.49	0.5	0.66	1.11
EBIT	10.39	10.35	1.51	1.84	7.8
EBIT Margin	11.58%	15.53%	3.92%	3.91%	7.98%
Effective Tax Rate	102.07%	46.29%	54.85%	128.29%	18.72%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.