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	Feb '26 Feb 28, 2026	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	154.99	145.17	72.39	36.13	57.5	34.9
Revenue Growth (YoY)	25.92%	100.54%	100.38%	-37.17%	64.74%	115.69%
Cost of Revenue	120.8	114.62	55.86	27.1	50.32	25.56
Gross Profit	34.19	30.54	16.53	9.03	7.18	9.34
Selling, General & Admin	11.29	10.12	5.64	5.72	8.22	8.59
Other Operating Expenses	-1.37	-0.07	-1.31	-11.99	-0.18	-7.18
Operating Expenses	9.85	9.98	4.32	-6.53	8.03	1.37
Operating Income	24.34	20.57	12.21	15.56	-0.85	7.97
Interest Expense	-0.42	-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	27.03	23.38	12.8	16.83	-0.81	2.83
Pretax Income	27.03	23.38	12.8	16.83	-0.81	2.83
Income Tax Expense	5.64	5.82	3.14	1.55	0.71	0.94
Net Income	21.39	17.55	9.66	15.28	-1.52	1.89
Net Income to Common	21.39	17.55	9.66	15.28	-1.52	1.89
Net Income Growth	45.04%	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)	-0.07%	-	-0.06%	1.82%	0.54%	-0.36%
EPS (Basic)	0.12	0.10	0.05	0.09	-0.01	0.01
EPS (Diluted)	0.12	0.10	0.05	0.09	-0.01	0.01
EPS Growth	45.13%	81.65%	-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	0.020	-	-	-
Gross Margin	22.06%	21.04%	22.83%	25.00%	12.49%	26.76%
Operating Margin	15.71%	14.17%	16.86%	43.06%	-1.47%	22.83%
Profit Margin	13.80%	12.09%	13.35%	42.29%	-2.64%	5.41%
Free Cash Flow Margin	-	8.18%	-24.71%	-26.36%	45.27%	24.97%
EBITDA	26.13	22.14	13.55	16.73	0.08	9
EBITDA Margin	16.86%	15.25%	18.71%	46.30%	0.14%	25.77%
D&A For EBITDA	1.79	1.58	1.34	1.17	0.93	1.03
EBIT	24.34	20.57	12.21	15.56	-0.85	7.97
EBIT Margin	15.70%	14.17%	16.86%	43.06%	-1.47%	22.83%
Effective Tax Rate	20.87%	24.91%	24.50%	9.22%	-	33.36%

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