TAS Offshore Berhad (KLSE:TAS)

TAS Offshore Berhad Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Revenue	145.17	72.39	36.13	57.5	34.9
Revenue Growth (YoY)	100.54%	100.38%	-37.17%	64.74%	115.69%
Cost of Revenue	114.64	55.86	27.1	50.32	25.56
Gross Profit	30.53	16.53	9.03	7.18	9.34
Selling, General & Admin	10.32	5.64	5.72	8.22	8.59
Other Operating Expenses	-3.18	-1.31	-11.99	-0.18	-7.18
Operating Expenses	6.8	4.32	-6.53	8.03	1.37
Operating Income	23.73	12.21	15.56	-0.85	7.97
Interest Expense	-0.3	-0.26	-0.24	-0.44	-0.6
Interest & Investment Income	-	0.46	0.34	0.02	0.02
Currency Exchange Gain (Loss)	-	0.39	1.17	0.46	-4.56
EBT Excluding Unusual Items	23.43	12.8	16.83	-0.81	2.83
Pretax Income	23.43	12.8	16.83	-0.81	2.83
Income Tax Expense	5.84	3.14	1.55	0.71	0.94
Net Income	17.59	9.66	15.28	-1.52	1.89
Net Income to Common	17.59	9.66	15.28	-1.52	1.89
Net Income Growth	81.99%	-36.74%	-	-	-
Shares Outstanding (Basic)	179	179	179	176	175
Shares Outstanding (Diluted)	179	179	179	176	175
Shares Change (YoY)	-	-0.06%	1.82%	0.54%	-0.36%
EPS (Basic)	0.10	0.05	0.09	-0.01	0.01
EPS (Diluted)	0.10	0.05	0.09	-0.01	0.01
EPS Growth	81.99%	-36.70%	-	-	-
Free Cash Flow	11.88	-17.89	-9.52	26.03	8.72
Free Cash Flow Per Share	0.07	-0.10	-0.05	0.15	0.05
Dividend Per Share	0.020	0.020	-	-	-
Gross Margin	21.03%	22.83%	25.00%	12.49%	26.76%
Operating Margin	16.34%	16.86%	43.06%	-1.47%	22.83%
Profit Margin	12.12%	13.35%	42.29%	-2.64%	5.41%
Free Cash Flow Margin	8.18%	-24.71%	-26.36%	45.27%	24.97%
EBITDA	25.72	13.55	16.73	0.08	9
EBITDA Margin	17.72%	18.71%	46.30%	0.14%	25.77%
D&A For EBITDA	1.99	1.34	1.17	0.93	1.03
EBIT	23.73	12.21	15.56	-0.85	7.97
EBIT Margin	16.34%	16.86%	43.06%	-1.47%	22.83%
Effective Tax Rate	24.92%	24.50%	9.22%	-	33.36%

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