Swift Haulage Berhad (KLSE:SWIFT)

Swift Haulage Berhad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	760.44	716.85	671.52	643.77	588.33	555.84
Revenue Growth (YoY)	7.27%	6.75%	4.31%	9.42%	5.85%	-8.91%
Cost of Revenue	547.28	515.71	473.23	446.33	401.01	370.1
Gross Profit	213.16	201.14	198.29	197.44	187.32	185.74
Selling, General & Admin	148.7	135.8	135.59	116.83	117.23	135.26
Other Operating Expenses	12.15	-0.58	-1.54	-8.45	4.58	-3.89
Operating Expenses	158.82	135.22	134.05	109.45	121.81	131.37
Operating Income	54.34	65.91	64.24	87.99	65.51	54.37
Interest Expense	-37.17	-36.56	-34.12	-26.88	-26.78	-29.56
Earnings From Equity Investments	0.08	0.04	0.29	-0.55	-0.97	-0.13
Other Non Operating Income (Expenses)	19.4	19.4	35.49	1.71	19.32	29.15
EBT Excluding Unusual Items	36.65	48.8	65.9	62.28	57.08	53.82
Pretax Income	36.65	48.8	65.9	62.28	57.08	53.82
Income Tax Expense	8.9	7.65	2.75	13.06	8.91	11.41
Earnings From Continuing Operations	27.75	41.16	63.15	49.22	48.17	42.41
Minority Interest in Earnings	-2.06	-1.33	-1.41	-0.73	-1.05	-0.79
Net Income	25.69	39.82	61.73	48.49	47.12	41.62
Net Income to Common	25.69	39.82	61.73	48.49	47.12	41.62
Net Income Growth	-47.30%	-35.49%	27.30%	2.91%	13.22%	14.59%
Shares Outstanding (Basic)	876	881	881	887	634	437
Shares Outstanding (Diluted)	878	883	882	887	634	733
Shares Change (YoY)	-0.49%	0.12%	-0.51%	39.93%	-13.49%	6.30%
EPS (Basic)	0.03	0.05	0.07	0.05	0.07	0.10
EPS (Diluted)	0.03	0.05	0.07	0.05	0.07	0.06
EPS Growth	-47.09%	-35.57%	28.02%	-26.41%	30.81%	6.57%
Free Cash Flow	173.4	34.23	81.45	103.25	4.11	107.34
Free Cash Flow Per Share	0.20	0.04	0.09	0.12	0.01	0.15
Dividend Per Share	0.016	0.016	0.016	0.020	0.018	-
Dividend Growth	-	-	-20.00%	11.11%	-	-
Gross Margin	28.03%	28.06%	29.53%	30.67%	31.84%	33.42%
Operating Margin	7.14%	9.20%	9.57%	13.67%	11.13%	9.78%
Profit Margin	3.38%	5.56%	9.19%	7.53%	8.01%	7.49%
Free Cash Flow Margin	22.80%	4.78%	12.13%	16.04%	0.70%	19.31%
EBITDA	113.19	121.08	114.57	127.98	98.14	84.56
EBITDA Margin	14.89%	16.89%	17.06%	19.88%	16.68%	15.21%
D&A For EBITDA	58.86	55.17	50.34	39.98	32.63	30.19
EBIT	54.34	65.91	64.24	87.99	65.51	54.37
EBIT Margin	7.14%	9.20%	9.57%	13.67%	11.13%	9.78%
Effective Tax Rate	24.29%	15.67%	4.18%	20.97%	15.61%	21.20%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.