Solarvest Holdings Berhad (KLSE: SLVEST)

Solarvest Holdings Berhad Income Statement

Financials in millions MYR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	390.29	497.03	365.54	175.82	224.29	253.43
Revenue Growth (YoY)	-21.63%	35.97%	107.91%	-21.61%	-11.50%	125.87%
Cost of Revenue	277.02	397.86	300.55	140.9	183.21	214.25
Gross Profit	113.27	99.16	64.99	34.92	41.08	39.18
Selling, General & Admin	52.02	45.58	32.44	23.87	20.16	18.65
Other Operating Expenses	-0.45	0.82	1.71	-0.38	-2.45	1.59
Operating Expenses	51.57	46.39	34.16	23.5	17.71	20.25
Operating Income	61.7	52.77	30.83	11.42	23.37	18.94
Interest Expense	-9.24	-7.37	-3.46	-1.53	-1.33	-1.06
Interest & Investment Income	1.53	1.53	0.58	1.32	0.71	0.63
Earnings From Equity Investments	-0.1	-0.04	0.05	0	-	-
Currency Exchange Gain (Loss)	-	-	0.23	-	0.45	0.17
Other Non Operating Income (Expenses)	-0.53	-0.53	-0.61	-0.55	-0.5	-0.46
EBT Excluding Unusual Items	53.36	46.37	27.62	10.66	22.69	18.22
Gain (Loss) on Sale of Investments	-	-	-	0.17	-	-1.73
Gain (Loss) on Sale of Assets	0.81	0.81	0.11	0.19	-	-
Other Unusual Items	-	-	0	-	-	-
Pretax Income	54.17	47.18	27.74	11.03	22.69	16.49
Income Tax Expense	16.05	13.12	7.54	3.59	6.25	0.51
Earnings From Continuing Operations	38.13	34.06	20.2	7.44	16.44	15.98
Net Income to Company	38.13	34.06	20.2	7.44	16.44	15.98
Minority Interest in Earnings	-2.34	-1.43	-0.54	-0.53	-0.29	-0.31
Net Income	35.78	32.63	19.66	6.91	16.15	15.67
Net Income to Common	35.78	32.63	19.66	6.91	16.15	15.67
Net Income Growth	47.56%	65.96%	184.68%	-57.23%	3.07%	40.82%
Shares Outstanding (Basic)	680	668	668	656	603	374
Shares Outstanding (Diluted)	759	722	671	687	608	374
Shares Change (YoY)	10.39%	7.51%	-2.25%	12.95%	62.64%	24828.26%
EPS (Basic)	0.05	0.05	0.03	0.01	0.03	0.04
EPS (Diluted)	0.05	0.05	0.03	0.01	0.03	0.04
EPS Growth	33.59%	54.27%	190.12%	-61.89%	-36.74%	-99.44%
Free Cash Flow	7.32	-22.48	-80.51	-71.11	2.72	8.51
Free Cash Flow Per Share	0.01	-0.03	-0.12	-0.10	0.00	0.02
Dividend Per Share	-	-	-	-	0.010	-
Gross Margin	29.02%	19.95%	17.78%	19.86%	18.32%	15.46%
Operating Margin	15.81%	10.62%	8.43%	6.50%	10.42%	7.47%
Profit Margin	9.17%	6.56%	5.38%	3.93%	7.20%	6.18%
Free Cash Flow Margin	1.87%	-4.52%	-22.03%	-40.45%	1.21%	3.36%
EBITDA	70.32	57.9	32.67	13.09	24.72	20.24
EBITDA Margin	18.02%	11.65%	8.94%	7.44%	11.02%	7.99%
D&A For EBITDA	8.62	5.13	1.84	1.66	1.35	1.3
EBIT	61.7	52.77	30.83	11.42	23.37	18.94
EBIT Margin	15.81%	10.62%	8.43%	6.50%	10.42%	7.47%
Effective Tax Rate	29.62%	27.81%	27.16%	32.52%	27.56%	3.09%

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