TSA Group 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	262.08	290.69	332.65	357.27	302.69
Revenue Growth (YoY)	-9.84%	-12.61%	-6.89%	18.03%	29.01%
Cost of Revenue	203.19	230.05	270.41	277.51	216.28
Gross Profit	58.89	60.64	62.24	79.76	86.41
Selling, General & Admin	31.94	32.44	32.6	35.43	28.08
Other Operating Expenses	-	-	-	-	1.99
Operating Expenses	31.85	34.06	32.65	34.65	31.96
Operating Income	27.04	26.58	29.59	45.12	54.45
Interest Expense	-3.58	-4.52	-5.06	-2.41	-1.58
Interest & Investment Income	-	-	-	-	0.72
Currency Exchange Gain (Loss)	-	-	-	-	-0.55
Other Non Operating Income (Expenses)	0.09	2.12	-0.39	7.42	-0.49
EBT Excluding Unusual Items	23.55	24.18	24.15	50.13	52.55
Gain (Loss) on Sale of Assets	-	-	-	-	0
Pretax Income	23.55	24.18	24.15	50.13	52.55
Income Tax Expense	7.4	6.52	7.04	9.47	12.27
Earnings From Continuing Operations	16.15	17.66	17.11	40.66	40.28
Earnings From Discontinued Operations	-	-	-	-0.52	-1.31
Net Income to Company	16.15	17.66	17.11	40.14	38.97
Minority Interest in Earnings	-0.09	-0.18	-0.78	-0.81	-0.83
Net Income	16.06	17.48	16.33	39.33	38.15
Net Income to Common	16.06	17.48	16.33	39.33	38.15
Net Income Growth	-8.13%	7.09%	-58.49%	3.10%	705.83%
Shares Outstanding (Basic)	309	302	232	5	5
Shares Outstanding (Diluted)	309	302	232	5	5
Shares Change (YoY)	2.31%	30.33%	4538.57%	0.02%	-
EPS (Basic)	0.05	0.06	0.07	7.86	7.63
EPS (Diluted)	0.05	0.06	0.07	7.86	7.63
EPS Growth	-10.20%	-17.83%	-99.11%	3.11%	706.66%
Free Cash Flow	22.6	19.71	20.17	25.18	14.53
Free Cash Flow Per Share	0.07	0.07	0.09	5.03	2.91
Dividend Per Share	0.040	0.060	1.000	7.000	-
Dividend Growth	-33.33%	-94.00%	-85.71%	-	-
Gross Margin	22.47%	20.86%	18.71%	22.33%	28.55%
Operating Margin	10.32%	9.14%	8.90%	12.63%	17.99%
Profit Margin	6.13%	6.02%	4.91%	11.01%	12.60%
Free Cash Flow Margin	8.62%	6.78%	6.06%	7.05%	4.80%
EBITDA	29.5	28.43	31.54	47.17	57.03
EBITDA Margin	11.25%	9.78%	9.48%	13.20%	18.84%
D&A For EBITDA	2.45	1.85	1.94	2.06	2.58
EBIT	27.04	26.58	29.59	45.12	54.45
EBIT Margin	10.32%	9.14%	8.90%	12.63%	17.99%
Effective Tax Rate	31.42%	26.97%	29.16%	18.89%	23.34%

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