Timberwell 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	14.34	23.17	18.9	26.96	30.9
Revenue Growth (YoY)	-38.12%	22.61%	-29.93%	-12.74%	68.96%
Cost of Revenue	11.9	18.21	15.92	19.3	23.03
Gross Profit	2.44	4.95	2.98	7.66	7.88
Selling, General & Admin	3.75	4.3	4.07	4.04	3.88
Other Operating Expenses	-3.26	-0.85	2.02	0.43	-0.15
Operating Expenses	0.49	3.45	6.09	4.47	3.74
Operating Income	1.94	1.5	-3.12	3.19	4.14
Interest Expense	-0.02	-0.02	-0.03	-0.03	-0.08
Interest & Investment Income	0.09	0.11	0.21	0.09	0.12
Currency Exchange Gain (Loss)	-	0.01	0.01	0.16	-
Other Non Operating Income (Expenses)	-	0.2	-	0.01	0
EBT Excluding Unusual Items	2.01	1.8	-2.93	3.43	4.19
Gain (Loss) on Sale of Investments	0	0	0.02	0.03	0.01
Gain (Loss) on Sale of Assets	-	0.15	-	-	-
Asset Writedown	-2.8	-2.36	-	7.77	4.02
Pretax Income	-0.78	-0.4	-2.91	11.22	8.21
Income Tax Expense	-0.28	-0.05	-0.54	1	2.22
Earnings From Continuing Operations	-0.5	-0.36	-2.37	10.23	5.99
Minority Interest in Earnings	-0.14	-0.02	0.15	-3.07	0.22
Net Income	-0.64	-0.38	-2.22	7.16	6.21
Net Income to Common	-0.64	-0.38	-2.22	7.16	6.21
Net Income Growth	-	-	-	15.25%	-
Shares Outstanding (Basic)	89	89	89	89	89
Shares Outstanding (Diluted)	89	89	89	89	89
EPS (Basic)	-0.01	-0.00	-0.02	0.08	0.07
EPS (Diluted)	-0.01	-0.00	-0.02	0.08	0.07
EPS Growth	-	-	-	15.24%	-
Free Cash Flow	2.27	-0.38	-1.63	-0.56	4.09
Free Cash Flow Per Share	0.03	-0.00	-0.02	-0.01	0.05
Dividend Per Share	-	-	-	0.020	-
Gross Margin	16.99%	21.38%	15.77%	28.41%	25.49%
Operating Margin	13.55%	6.49%	-16.49%	11.84%	13.40%
Profit Margin	-4.49%	-1.65%	-11.74%	26.55%	20.10%
Free Cash Flow Margin	15.86%	-1.64%	-8.61%	-2.08%	13.25%
EBITDA	2.66	2.43	-1.96	4.31	5.14
EBITDA Margin	18.54%	10.50%	-10.38%	15.97%	16.64%
D&A For EBITDA	0.72	0.93	1.15	1.11	1
EBIT	1.94	1.5	-3.12	3.19	4.14
EBIT Margin	13.55%	6.49%	-16.49%	11.84%	13.40%
Effective Tax Rate	-	-	-	8.87%	27.08%

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