Skygate Solutions Berhad Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	84.01	66.65	38.43	47.05	97.79	194.15
Revenue Growth (YoY)	48.44%	73.44%	-18.33%	-51.89%	-49.63%	-18.81%
Cost of Revenue	66.68	47.18	27.17	34.24	79.87	156.79
Gross Profit	17.32	19.47	11.26	12.81	17.93	37.36
Selling, General & Admin	19.06	16.9	10.48	9.92	13.62	20.77
Other Operating Expenses	-9.71	-7.78	-0.72	1.06	-5.03	-5.61
Operating Expenses	9.35	9.12	9.75	10.98	10.12	15.29
Operating Income	7.98	10.35	1.51	1.84	7.8	22.07
Interest Expense	-5.51	-2.44	-1.03	-0.65	-1.41	-3.87
Interest & Investment Income	0.88	0.88	2.01	0.74	0.25	-
Other Non Operating Income (Expenses)	-	-	-0.01	-	-	-
EBT Excluding Unusual Items	3.34	8.79	2.48	1.93	6.65	18.2
Gain (Loss) on Sale of Assets	-	-	-	-	0.38	0.01
Asset Writedown	-	-	-	-	1	-0.97
Other Unusual Items	-	-	-	-	0.11	0.42
Pretax Income	3.34	8.79	2.48	1.93	8.13	17.67
Income Tax Expense	2.92	4.07	1.36	2.48	1.52	6.92
Earnings From Continuing Operations	0.43	4.72	1.12	-0.55	6.61	10.74
Minority Interest in Earnings	3.42	0.92	-	-	-	-1
Net Income	3.85	5.64	1.12	-0.55	6.61	9.74
Net Income to Common	3.85	5.64	1.12	-0.55	6.61	9.74
Net Income Growth	132.39%	403.79%	-	-	-32.16%	-74.24%
Shares Outstanding (Basic)	319	307	302	302	302	301
Shares Outstanding (Diluted)	319	307	302	302	302	301
Shares Change (YoY)	4.52%	1.73%	-	-	0.16%	3.67%
EPS (Basic)	0.01	0.02	0.00	-0.00	0.02	0.03
EPS (Diluted)	0.01	0.02	0.00	-0.00	0.02	0.03
EPS Growth	122.35%	395.26%	-	-	-32.31%	-75.15%
Free Cash Flow	53.11	24.02	-14.91	11.22	30.96	41.06
Free Cash Flow Per Share	0.17	0.08	-0.05	0.04	0.10	0.14
Dividend Per Share	-	-	-	-	0.005	0.070
Dividend Growth	-	-	-	-	-92.86%	-
Gross Margin	20.62%	29.21%	29.30%	27.23%	18.33%	19.24%
Operating Margin	9.50%	15.53%	3.92%	3.91%	7.98%	11.37%
Profit Margin	4.58%	8.46%	2.91%	-1.16%	6.76%	5.02%
Free Cash Flow Margin	63.22%	36.05%	-38.81%	23.84%	31.66%	21.15%
EBITDA	10.21	11.84	2.01	2.49	8.91	23.32
EBITDA Margin	12.16%	17.77%	5.23%	5.30%	9.11%	12.01%
D&A For EBITDA	2.24	1.49	0.5	0.66	1.11	1.25
EBIT	7.98	10.35	1.51	1.84	7.8	22.07
EBIT Margin	9.50%	15.53%	3.92%	3.91%	7.98%	11.37%
Effective Tax Rate	87.15%	46.29%	54.85%	128.29%	18.72%	39.19%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.