Spring Art Holdings Berhad (KLSE:SPRING)

KLSE:SPRING Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	49.57	56.23	45.32	54.78	53.93
Revenue Growth (YoY)	-11.84%	24.07%	-17.27%	1.58%	-12.21%
Cost of Revenue	43.95	42.79	36.91	41.8	41.29
Gross Profit	5.62	13.44	8.42	12.98	12.64
Selling, General & Admin	-	5.44	5.71	6.18	5.73
Operating Expenses	-	5.44	5.71	6.18	5.73
Operating Income	5.62	8.01	2.71	6.8	6.91
Interest Expense	-0.62	-0.6	-0.47	-0.28	-0.34
Other Non Operating Income (Expenses)	1.72	0.05	0.64	0.75	1.69
EBT Excluding Unusual Items	6.72	7.46	2.87	7.28	8.26
Pretax Income	6.72	7.46	2.87	7.28	8.26
Income Tax Expense	-2.52	1.97	0.7	1.52	1.76
Net Income	9.24	5.49	2.17	5.77	6.5
Net Income to Common	9.24	5.49	2.17	5.77	6.5
Net Income Growth	68.38%	152.93%	-62.37%	-11.32%	-19.42%
Shares Outstanding (Basic)	416	416	416	416	416
Shares Outstanding (Diluted)	416	416	416	416	416
Shares Change (YoY)	0.00%	-	-	-	124.15%
EPS (Basic)	0.02	0.01	0.01	0.01	0.02
EPS (Diluted)	0.02	0.01	0.01	0.01	0.02
EPS Growth	68.17%	153.90%	-62.52%	-11.08%	-64.15%
Free Cash Flow	4.45	4.22	-19.48	-6.82	1.84
Free Cash Flow Per Share	0.01	0.01	-0.05	-0.02	0.00
Dividend Per Share	-	0.005	-	-	0.004
Dividend Growth	-	-	-	-	-20.00%
Gross Margin	11.34%	23.91%	18.57%	23.70%	23.43%
Operating Margin	11.34%	14.24%	5.97%	12.42%	12.81%
Profit Margin	18.64%	9.76%	4.79%	10.53%	12.05%
Free Cash Flow Margin	8.98%	7.50%	-42.99%	-12.46%	3.42%
EBITDA	8.1	10.19	4.85	8.92	8.74
EBITDA Margin	16.34%	18.12%	10.70%	16.28%	16.20%
D&A For EBITDA	2.48	2.18	2.14	2.11	1.83
EBIT	5.62	8.01	2.71	6.8	6.91
EBIT Margin	11.34%	14.24%	5.97%	12.42%	12.81%
Effective Tax Rate	-	26.43%	24.37%	20.81%	21.32%

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.