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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	742.54	716.85	671.52	643.77	588.33	555.84
Revenue Growth (YoY)	7.01%	6.75%	4.31%	9.42%	5.85%	-8.91%
Cost of Revenue	534.65	515.71	473.23	446.33	401.01	370.1
Gross Profit	207.89	201.14	198.29	197.44	187.32	185.74
Selling, General & Admin	142.98	135.8	135.59	116.83	117.23	135.26
Other Operating Expenses	12.79	-0.58	-1.54	-8.45	4.58	-3.89
Operating Expenses	155.44	135.22	134.05	109.45	121.81	131.37
Operating Income	52.45	65.91	64.24	87.99	65.51	54.37
Interest Expense	-37.75	-36.56	-34.12	-26.88	-26.78	-29.56
Earnings From Equity Investments	0.22	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	34.32	48.8	65.9	62.28	57.08	53.82
Pretax Income	34.32	48.8	65.9	62.28	57.08	53.82
Income Tax Expense	8.08	7.65	2.75	13.06	8.91	11.41
Earnings From Continuing Operations	26.24	41.16	63.15	49.22	48.17	42.41
Minority Interest in Earnings	-1.93	-1.33	-1.41	-0.73	-1.05	-0.79
Net Income	24.32	39.82	61.73	48.49	47.12	41.62
Net Income to Common	24.32	39.82	61.73	48.49	47.12	41.62
Net Income Growth	-65.92%	-35.49%	27.30%	2.91%	13.22%	14.59%
Shares Outstanding (Basic)	879	881	881	887	634	437
Shares Outstanding (Diluted)	881	883	882	887	634	733
Shares Change (YoY)	-0.08%	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	-66.00%	-35.57%	28.02%	-26.41%	30.81%	6.57%
Free Cash Flow	130.76	34.23	81.45	103.25	4.11	107.34
Free Cash Flow Per Share	0.15	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	28.00%	28.06%	29.53%	30.67%	31.84%	33.42%
Operating Margin	7.06%	9.20%	9.57%	13.67%	11.13%	9.78%
Profit Margin	3.28%	5.56%	9.19%	7.53%	8.01%	7.49%
Free Cash Flow Margin	17.61%	4.78%	12.13%	16.04%	0.70%	19.31%
EBITDA	111.1	121.08	114.57	127.98	98.14	84.56
EBITDA Margin	14.96%	16.89%	17.06%	19.88%	16.68%	15.21%
D&A For EBITDA	58.65	55.17	50.34	39.98	32.63	30.19
EBIT	52.45	65.91	64.24	87.99	65.51	54.37
EBIT Margin	7.06%	9.20%	9.57%	13.67%	11.13%	9.78%
Effective Tax Rate	23.53%	15.67%	4.18%	20.97%	15.61%	21.20%

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