KLSE:ULICORP Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	274.28	253.45	259.3	257.72	204.85	159.16
Revenue Growth (YoY)	9.92%	-2.25%	0.61%	25.81%	28.70%	-17.73%
Cost of Revenue	161.78	153.8	156.85	163.73	109.59	115.41
Gross Profit	112.51	99.65	102.45	94	95.26	43.75
Selling, General & Admin	49.72	46.52	41.44	32.68	27.01	26.82
Other Operating Expenses	5.55	7.08	6.75	7.29	9.67	10.75
Operating Expenses	55.27	53.6	48.19	39.97	36.68	37.57
Operating Income	57.24	46.05	54.26	54.03	58.58	6.18
Interest Expense	-1.28	-1.46	-1.34	-1.58	-1.13	-1.1
Interest & Investment Income	2.44	2.44	2.33	1.03	0.89	0.6
Pretax Income	58.4	47.04	55.25	53.47	58.35	5.68
Income Tax Expense	14.8	12.07	14	14.2	14.29	2.17
Net Income	43.6	34.97	41.26	39.27	44.06	3.51
Net Income to Common	43.6	34.97	41.26	39.27	44.06	3.51
Net Income Growth	33.73%	-15.23%	5.05%	-10.87%	1155.42%	-
Shares Outstanding (Basic)	218	218	218	218	218	218
Shares Outstanding (Diluted)	218	218	218	218	218	218
Shares Change (YoY)	0.04%	-	-	-	-	-
EPS (Basic)	0.20	0.16	0.19	0.18	0.20	0.02
EPS (Diluted)	0.20	0.16	0.19	0.18	0.20	0.02
EPS Growth	33.69%	-15.22%	5.05%	-10.87%	1156.46%	-
Free Cash Flow	23.2	17.54	58.27	48.95	-6.22	39.65
Free Cash Flow Per Share	0.11	0.08	0.27	0.23	-0.03	0.18
Dividend Per Share	0.080	0.080	0.080	0.050	0.040	0.010
Dividend Growth	-5.88%	-	60.00%	25.00%	300.00%	-
Gross Margin	41.02%	39.32%	39.51%	36.47%	46.50%	27.49%
Operating Margin	20.87%	18.17%	20.93%	20.96%	28.60%	3.88%
Profit Margin	15.90%	13.80%	15.91%	15.24%	21.51%	2.21%
Free Cash Flow Margin	8.46%	6.92%	22.47%	18.99%	-3.04%	24.91%
EBITDA	65.64	54.05	62.29	63.35	68.09	14.78
EBITDA Margin	23.93%	21.32%	24.02%	24.58%	33.24%	9.29%
D&A For EBITDA	8.4	8	8.03	9.32	9.5	8.6
EBIT	57.24	46.05	54.26	54.03	58.58	6.18
EBIT Margin	20.87%	18.17%	20.93%	20.96%	28.60%	3.88%
Effective Tax Rate	25.34%	25.65%	25.33%	26.56%	24.49%	38.24%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.