TAS Offshore Berhad Income Statement

Financials in millions MYR. Fiscal year is June - May.

Millions MYR. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Revenue	150.52	145.17	72.39	36.13	57.5	34.9
Revenue Growth (YoY)	9.10%	100.54%	100.38%	-37.17%	64.74%	115.69%
Cost of Revenue	118.72	114.62	55.86	27.1	50.32	25.56
Gross Profit	31.79	30.54	16.53	9.03	7.18	9.34
Selling, General & Admin	10.62	10.12	5.64	5.72	8.22	8.59
Other Operating Expenses	-1.09	-0.07	-1.31	-11.99	-0.18	-7.18
Operating Expenses	9.45	9.98	4.32	-6.53	8.03	1.37
Operating Income	22.34	20.57	12.21	15.56	-0.85	7.97
Interest Expense	-0.38	-0.3	-0.26	-0.24	-0.44	-0.6
Interest & Investment Income	0.13	0.13	0.46	0.34	0.02	0.02
Currency Exchange Gain (Loss)	2.98	2.98	0.39	1.17	0.46	-4.56
EBT Excluding Unusual Items	25.07	23.38	12.8	16.83	-0.81	2.83
Pretax Income	25.07	23.38	12.8	16.83	-0.81	2.83
Income Tax Expense	6.43	5.82	3.14	1.55	0.71	0.94
Net Income	18.65	17.55	9.66	15.28	-1.52	1.89
Net Income to Common	18.65	17.55	9.66	15.28	-1.52	1.89
Net Income Growth	-9.49%	81.65%	-36.74%	-	-	-
Shares Outstanding (Basic)	179	179	179	179	176	175
Shares Outstanding (Diluted)	179	179	179	179	176	175
Shares Change (YoY)	0.04%	-	-0.06%	1.82%	0.54%	-0.36%
EPS (Basic)	0.10	0.10	0.05	0.09	-0.01	0.01
EPS (Diluted)	0.10	0.10	0.05	0.09	-0.01	0.01
EPS Growth	-9.53%	81.65%	-36.70%	-	-	-
Free Cash Flow	34.15	11.88	-17.89	-9.52	26.03	8.72
Free Cash Flow Per Share	0.19	0.07	-0.10	-0.05	0.15	0.05
Dividend Per Share	0.040	0.020	0.020	-	-	-
Gross Margin	21.12%	21.04%	22.83%	25.00%	12.49%	26.76%
Operating Margin	14.84%	14.17%	16.86%	43.06%	-1.47%	22.83%
Profit Margin	12.39%	12.09%	13.35%	42.29%	-2.64%	5.41%
Free Cash Flow Margin	22.69%	8.18%	-24.71%	-26.36%	45.27%	24.97%
EBITDA	24.25	22.14	13.55	16.73	0.08	9
EBITDA Margin	16.11%	15.25%	18.71%	46.30%	0.14%	25.77%
D&A For EBITDA	1.91	1.58	1.34	1.17	0.93	1.03
EBIT	22.34	20.57	12.21	15.56	-0.85	7.97
EBIT Margin	14.84%	14.17%	16.86%	43.06%	-1.47%	22.83%
Effective Tax Rate	25.63%	24.91%	24.50%	9.22%	-	33.36%

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