TSA Group Berhad (KLSE:TSA)

TSA Group Berhad Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	259.81	262.08	290.69	332.65	357.27	302.69
Revenue Growth (YoY)	-10.35%	-9.84%	-12.61%	-6.89%	18.03%	29.01%
Cost of Revenue	201.87	203.19	230.05	270.41	277.51	216.28
Gross Profit	57.94	58.89	60.64	62.24	79.76	86.41
Selling, General & Admin	32.69	31.94	32.44	32.6	35.43	28.08
Other Operating Expenses	0.16	-	-	-	-	1.99
Operating Expenses	32.75	31.85	34.06	32.65	34.65	31.96
Operating Income	25.18	27.04	26.58	29.59	45.12	54.45
Interest Expense	-3.43	-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)	-0.21	0.09	2.12	-0.39	7.42	-0.49
EBT Excluding Unusual Items	21.54	23.55	24.18	24.15	50.13	52.55
Gain (Loss) on Sale of Assets	-	-	-	-	-	0
Pretax Income	21.54	23.55	24.18	24.15	50.13	52.55
Income Tax Expense	7.52	7.4	6.52	7.04	9.47	12.27
Earnings From Continuing Operations	14.02	16.15	17.66	17.11	40.66	40.28
Earnings From Discontinued Operations	-	-	-	-	-0.52	-1.31
Net Income to Company	14.02	16.15	17.66	17.11	40.14	38.97
Minority Interest in Earnings	-0.09	-0.09	-0.18	-0.78	-0.81	-0.83
Net Income	13.93	16.06	17.48	16.33	39.33	38.15
Net Income to Common	13.93	16.06	17.48	16.33	39.33	38.15
Net Income Growth	-29.18%	-8.13%	7.09%	-58.49%	3.10%	705.83%
Shares Outstanding (Basic)	310	309	302	232	5	5
Shares Outstanding (Diluted)	310	309	302	232	5	5
Shares Change (YoY)	0.05%	2.31%	30.33%	4538.57%	0.02%	-
EPS (Basic)	0.05	0.05	0.06	0.07	7.86	7.63
EPS (Diluted)	0.05	0.05	0.06	0.07	7.86	7.63
EPS Growth	-29.22%	-10.20%	-17.83%	-99.11%	3.11%	706.66%
Free Cash Flow	1.1	22.6	19.71	20.17	25.18	14.53
Free Cash Flow Per Share	0.00	0.07	0.07	0.09	5.03	2.91
Dividend Per Share	0.040	0.040	0.060	1.000	7.000	-
Dividend Growth	-33.33%	-33.33%	-94.00%	-85.71%	-	-
Gross Margin	22.30%	22.47%	20.86%	18.71%	22.33%	28.55%
Operating Margin	9.69%	10.32%	9.14%	8.90%	12.63%	17.99%
Profit Margin	5.36%	6.13%	6.02%	4.91%	11.01%	12.60%
Free Cash Flow Margin	0.42%	8.62%	6.78%	6.06%	7.05%	4.80%
EBITDA	28.1	29.5	28.43	31.54	47.17	57.03
EBITDA Margin	10.82%	11.25%	9.78%	9.48%	13.20%	18.84%
D&A For EBITDA	2.92	2.45	1.85	1.94	2.06	2.58
EBIT	25.18	27.04	26.58	29.59	45.12	54.45
EBIT Margin	9.69%	10.32%	9.14%	8.90%	12.63%	17.99%
Effective Tax Rate	34.90%	31.42%	26.97%	29.16%	18.89%	23.34%

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