TRC Synergy Berhad (KLSE:TRC)

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	542.56	505.92	679.46	678.39	762.12	753.85
Revenue Growth (YoY)	-13.70%	-25.54%	0.16%	-10.99%	1.10%	-10.94%
Cost of Revenue	491.12	457.06	633.38	618.81	705.13	699.22
Gross Profit	51.44	48.86	46.08	59.58	56.99	54.63
Selling, General & Admin	35.96	35.41	33.65	37.52	39.43	35.52
Other Operating Expenses	-1.12	-0.93	-0.6	-8.53	-1.87	-1.72
Operating Expenses	36.67	35.95	34.5	20.34	37.59	33.8
Operating Income	14.77	12.91	11.58	39.24	19.4	20.83
Interest Expense	-3.77	-4.2	-2.57	-2.97	-5.79	-6.56
Interest & Investment Income	7.75	7.98	8.13	19.03	3.76	6.27
Earnings From Equity Investments	11.27	8.46	0.88	-0.52	8.94	10.23
Currency Exchange Gain (Loss)	-0.72	0.22	8.59	3.4	0.41	8.31
Other Non Operating Income (Expenses)	-6.65	-6.65	-2.35	-1.08	-2.89	-2.77
EBT Excluding Unusual Items	22.64	18.71	24.25	57.1	23.82	36.31
Gain (Loss) on Sale of Investments	2.18	2.18	2.55	0.39	-	-
Gain (Loss) on Sale of Assets	1.46	1.46	3.38	1.02	0.42	0.36
Asset Writedown	-	-	2.36	-	-	-
Pretax Income	26.29	22.35	32.55	58.5	24.24	36.67
Income Tax Expense	8.43	9.66	6.94	1.41	6.1	9.04
Earnings From Continuing Operations	17.85	12.69	25.6	57.09	18.14	27.63
Minority Interest in Earnings	-0.09	-0.12	-0.34	-3.8	2.53	-0.37
Net Income	17.76	12.57	25.27	53.29	20.67	27.26
Net Income to Common	17.76	12.57	25.27	53.29	20.67	27.26
Net Income Growth	-22.48%	-50.24%	-52.59%	157.79%	-24.17%	52.90%
Shares Outstanding (Basic)	471	471	471	471	471	473
Shares Outstanding (Diluted)	471	471	471	471	471	473
Shares Change (YoY)	-	-	-	-	-0.42%	-1.50%
EPS (Basic)	0.04	0.03	0.05	0.11	0.04	0.06
EPS (Diluted)	0.04	0.03	0.05	0.11	0.04	0.06
EPS Growth	-22.46%	-50.23%	-52.60%	157.79%	-23.85%	55.25%
Free Cash Flow	1.64	-76.18	198.1	-24.63	131.46	-25.87
Free Cash Flow Per Share	0.00	-0.16	0.42	-0.05	0.28	-0.06
Dividend Per Share	0.007	0.007	0.012	0.012	0.012	0.010
Dividend Growth	-41.67%	-41.67%	-	-	20.00%	-9.09%
Gross Margin	9.48%	9.66%	6.78%	8.78%	7.48%	7.25%
Operating Margin	2.72%	2.55%	1.70%	5.79%	2.55%	2.76%
Profit Margin	3.27%	2.48%	3.72%	7.85%	2.71%	3.62%
Free Cash Flow Margin	0.30%	-15.06%	29.15%	-3.63%	17.25%	-3.43%
EBITDA	21.95	20.39	21.43	51.93	30.92	31.2
EBITDA Margin	4.05%	4.03%	3.15%	7.66%	4.06%	4.14%
D&A For EBITDA	7.18	7.48	9.86	12.69	11.52	10.37
EBIT	14.77	12.91	11.58	39.24	19.4	20.83
EBIT Margin	2.72%	2.55%	1.70%	5.79%	2.55%	2.76%
Effective Tax Rate	32.09%	43.21%	21.34%	2.41%	25.16%	24.66%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.