Swift Haulage Berhad Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	772.2	716.85	671.52	643.77	588.33
Revenue Growth (YoY)	7.72%	6.75%	4.31%	9.42%	5.85%
Cost of Revenue	555.62	515.71	473.23	446.33	401.01
Gross Profit	216.58	201.14	198.29	197.44	187.32
Selling, General & Admin	147.82	135.8	135.59	116.83	117.23
Other Operating Expenses	-4.43	-0.58	-1.54	-8.45	4.58
Operating Expenses	139.37	135.22	134.05	109.45	121.81
Operating Income	77.22	65.91	64.24	87.99	65.51
Interest Expense	-36.9	-36.56	-34.12	-26.88	-26.78
Earnings From Equity Investments	0.07	0.04	0.29	-0.55	-0.97
Other Non Operating Income (Expenses)	-	19.4	35.49	1.71	19.32
EBT Excluding Unusual Items	40.39	48.8	65.9	62.28	57.08
Pretax Income	40.39	48.8	65.9	62.28	57.08
Income Tax Expense	10.46	7.65	2.75	13.06	8.91
Earnings From Continuing Operations	29.93	41.16	63.15	49.22	48.17
Minority Interest in Earnings	-2.54	-1.33	-1.41	-0.73	-1.05
Net Income	27.39	39.82	61.73	48.49	47.12
Net Income to Common	27.39	39.82	61.73	48.49	47.12
Net Income Growth	-31.22%	-35.49%	27.30%	2.91%	13.22%
Shares Outstanding (Basic)	873	881	881	887	634
Shares Outstanding (Diluted)	873	883	882	887	634
Shares Change (YoY)	-1.17%	0.12%	-0.51%	39.93%	-13.49%
EPS (Basic)	0.03	0.05	0.07	0.05	0.07
EPS (Diluted)	0.03	0.05	0.07	0.05	0.07
EPS Growth	-30.44%	-35.57%	28.02%	-26.41%	30.81%
Free Cash Flow	149.29	34.23	81.45	103.25	4.11
Free Cash Flow Per Share	0.17	0.04	0.09	0.12	0.01
Dividend Per Share	0.016	0.016	0.016	0.020	0.018
Dividend Growth	-	-	-20.00%	11.11%	-
Gross Margin	28.05%	28.06%	29.53%	30.67%	31.84%
Operating Margin	10.00%	9.20%	9.57%	13.67%	11.13%
Profit Margin	3.55%	5.56%	9.19%	7.53%	8.01%
Free Cash Flow Margin	19.33%	4.78%	12.13%	16.04%	0.70%
EBITDA	137.18	121.08	114.57	127.98	98.14
EBITDA Margin	17.77%	16.89%	17.06%	19.88%	16.68%
D&A For EBITDA	59.96	55.17	50.34	39.98	32.63
EBIT	77.22	65.91	64.24	87.99	65.51
EBIT Margin	10.00%	9.20%	9.57%	13.67%	11.13%
Effective Tax Rate	25.90%	15.67%	4.18%	20.97%	15.61%

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