TIME dotCom Berhad (KLSE: TIMECOM)

TIME dotCom Berhad Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,670	1,591	1,455	1,285	1,223	1,114
Revenue Growth (YoY)	10.24%	9.36%	13.17%	5.09%	9.81%	13.26%
Cost of Revenue	2.59	2.59	-	518.23	490.61	461.64
Gross Profit	1,667	1,588	1,455	767.25	732.56	652.23
Selling, General & Admin	367.35	367.35	284.31	307.71	284.6	283.28
Other Operating Expenses	555.72	617.49	533.66	-19.39	17.57	24.07
Operating Expenses	1,118	1,171	979.37	293.42	315.05	307.35
Operating Income	549.49	417.49	475.46	473.84	417.5	344.88
Interest Expense	-21.18	-22.41	-18.05	-20.58	-21.52	-26.54
Interest & Investment Income	46.82	40.13	9.79	10.17	11.4	9.65
Earnings From Equity Investments	40.85	33.57	22.97	23.9	18.04	14.72
Currency Exchange Gain (Loss)	0.61	25.53	28.28	-	-	-
Other Non Operating Income (Expenses)	-3.38	-	-	-	-	-14.69
EBT Excluding Unusual Items	613.2	494.31	518.46	487.32	425.42	328.01
Gain (Loss) on Sale of Assets	0.05	0.05	1.53	0.09	0.07	0.12
Asset Writedown	-58.95	-58.95	-1.13	-	-	-
Other Unusual Items	-	-	-1.58	-3.25	-2.39	-
Pretax Income	554.3	435.41	517.28	484.16	423.1	328.13
Income Tax Expense	156.76	143.62	131.14	125.08	96.19	14.09
Earnings From Continuing Operations	397.54	291.79	386.14	359.08	326.9	314.04
Earnings From Discontinued Operations	8.52	2,283	67.47	37.7	-	-
Net Income to Company	406.06	2,575	453.61	396.78	326.9	314.04
Minority Interest in Earnings	-4.83	-6.03	-3.7	-3.62	1.14	-
Net Income	401.23	2,569	449.91	393.16	328.05	314.04
Net Income to Common	401.23	2,569	449.91	393.16	328.05	314.04
Net Income Growth	-84.68%	470.98%	14.43%	19.85%	4.46%	8.79%
Shares Outstanding (Basic)	1,847	1,842	1,830	1,818	1,795	1,753
Shares Outstanding (Diluted)	1,854	1,846	1,832	1,820	1,798	1,773
Shares Change (YoY)	0.83%	0.73%	0.70%	1.19%	1.42%	0.59%
EPS (Basic)	0.22	1.39	0.25	0.22	0.18	0.18
EPS (Diluted)	0.22	1.39	0.25	0.22	0.18	0.18
EPS Growth	-84.81%	466.69%	13.64%	18.49%	2.99%	8.12%
Free Cash Flow	410.37	417.72	303.81	371.5	358.62	291.88
Free Cash Flow Per Share	0.22	0.23	0.17	0.20	0.20	0.16
Dividend Per Share	0.083	0.083	0.123	0.109	0.042	0.033
Dividend Growth	-33.09%	-33.09%	13.54%	160.43%	25.60%	7.79%
Gross Margin	99.84%	99.84%	100.00%	59.69%	59.89%	58.56%
Operating Margin	32.91%	26.24%	32.68%	36.86%	34.13%	30.96%
Profit Margin	24.03%	161.47%	30.93%	30.58%	26.82%	28.19%
Free Cash Flow Margin	24.58%	26.26%	20.88%	28.90%	29.32%	26.20%
EBITDA	722.99	582.59	641.66	617.3	550.56	476.33
EBITDA Margin	43.30%	36.62%	44.11%	48.02%	45.01%	42.76%
D&A For EBITDA	173.5	165.1	166.2	143.46	133.06	131.45
EBIT	549.49	417.49	475.46	473.84	417.5	344.88
EBIT Margin	32.91%	26.24%	32.68%	36.86%	34.13%	30.96%
Effective Tax Rate	28.28%	32.98%	25.35%	25.83%	22.74%	4.29%

Source: S&P Capital IQ. Standard template. Financial Sources.