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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	426.29	497.03	365.54	175.82	224.29	253.43
Revenue Growth (YoY)	-6.57%	35.97%	107.91%	-21.61%	-11.50%	125.87%
Cost of Revenue	323.1	397.86	300.55	140.9	183.21	214.25
Gross Profit	103.18	99.16	64.99	34.92	41.08	39.18
Selling, General & Admin	47.25	45.58	32.44	23.87	20.16	18.65
Other Operating Expenses	0.25	0.82	1.71	-0.38	-2.45	1.59
Operating Expenses	47.5	46.39	34.16	23.5	17.71	20.25
Operating Income	55.68	52.77	30.83	11.42	23.37	18.94
Interest Expense	-8.37	-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	48.22	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	49.03	47.18	27.74	11.03	22.69	16.49
Income Tax Expense	13.2	13.12	7.54	3.59	6.25	0.51
Earnings From Continuing Operations	35.83	34.06	20.2	7.44	16.44	15.98
Net Income to Company	35.83	34.06	20.2	7.44	16.44	15.98
Minority Interest in Earnings	-2.06	-1.43	-0.54	-0.53	-0.29	-0.31
Net Income	33.77	32.63	19.66	6.91	16.15	15.67
Net Income to Common	33.77	32.63	19.66	6.91	16.15	15.67
Net Income Growth	52.93%	65.96%	184.68%	-57.23%	3.07%	40.82%
Shares Outstanding (Basic)	672	668	668	656	603	374
Shares Outstanding (Diluted)	744	722	671	687	608	374
Shares Change (YoY)	10.35%	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	38.20%	54.27%	190.12%	-61.89%	-36.74%	-99.44%
Free Cash Flow	25.6	-22.48	-80.51	-71.11	2.72	8.51
Free Cash Flow Per Share	0.03	-0.03	-0.12	-0.10	0.00	0.02
Dividend Per Share	-	-	-	-	0.010	-
Gross Margin	24.20%	19.95%	17.78%	19.86%	18.32%	15.46%
Operating Margin	13.06%	10.62%	8.43%	6.50%	10.42%	7.47%
Profit Margin	7.92%	6.56%	5.38%	3.93%	7.20%	6.18%
Free Cash Flow Margin	6.01%	-4.52%	-22.03%	-40.45%	1.21%	3.36%
EBITDA	62.64	57.9	32.67	13.09	24.72	20.24
EBITDA Margin	14.69%	11.65%	8.94%	7.44%	11.02%	7.99%
D&A For EBITDA	6.95	5.13	1.84	1.66	1.35	1.3
EBIT	55.68	52.77	30.83	11.42	23.37	18.94
EBIT Margin	13.06%	10.62%	8.43%	6.50%	10.42%	7.47%
Effective Tax Rate	26.93%	27.81%	27.16%	32.52%	27.56%	3.09%

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