VSTECS Berhad (KLSE:VSTECS)

VSTECS Berhad Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,902	2,727	2,771	2,626	2,017
Revenue Growth (YoY)	6.40%	-1.57%	5.51%	30.15%	11.94%
Cost of Revenue	2,729	2,573	2,621	2,486	1,911
Gross Profit	172.31	153.85	149.78	139.37	106
Selling, General & Admin	91.69	79.07	73.29	70.37	63.45
Other Operating Expenses	1.08	-5.69	-0.18	-1.88	-1.82
Operating Expenses	92.78	74.71	73.19	68.78	61.84
Operating Income	79.53	79.14	76.6	70.59	44.16
Interest Expense	-0.39	-1.27	-0.51	-0.22	-0.12
Interest & Investment Income	3.09	1.48	0.47	1.3	1.68
Earnings From Equity Investments	3.91	3.31	3.54	2.73	2.76
Currency Exchange Gain (Loss)	6.84	-	-	-	-
EBT Excluding Unusual Items	92.98	82.65	80.09	74.41	48.48
Gain (Loss) on Sale of Investments	-0.01	-	-	-	-
Gain (Loss) on Sale of Assets	0.17	0.14	0.02	0.02	-
Pretax Income	93.15	82.8	80.11	74.43	48.48
Income Tax Expense	22.58	15.37	20.43	19.44	11.7
Net Income	70.57	67.43	59.68	54.99	36.78
Net Income to Common	70.57	67.43	59.68	54.99	36.78
Net Income Growth	4.66%	12.98%	8.53%	49.51%	24.29%
Shares Outstanding (Basic)	357	357	357	357	357
Shares Outstanding (Diluted)	357	357	357	357	357
Shares Change (YoY)	-	-	-0.13%	-0.07%	-0.53%
EPS (Basic)	0.20	0.19	0.17	0.15	0.10
EPS (Diluted)	0.20	0.19	0.17	0.15	0.10
EPS Growth	4.66%	12.98%	8.66%	49.62%	24.94%
Free Cash Flow	9.25	105.85	-24	-21.82	36.89
Free Cash Flow Per Share	0.03	0.30	-0.07	-0.06	0.10
Dividend Per Share	0.069	0.066	0.062	0.052	0.035
Dividend Growth	4.54%	6.45%	19.23%	48.57%	27.27%
Gross Margin	5.94%	5.64%	5.41%	5.31%	5.25%
Operating Margin	2.74%	2.90%	2.77%	2.69%	2.19%
Profit Margin	2.43%	2.47%	2.15%	2.09%	1.82%
Free Cash Flow Margin	0.32%	3.88%	-0.87%	-0.83%	1.83%
EBITDA	82.95	80.36	77.57	71.41	45.2
EBITDA Margin	2.86%	2.95%	2.80%	2.72%	2.24%
D&A For EBITDA	3.42	1.22	0.97	0.82	1.04
EBIT	79.53	79.14	76.6	70.59	44.16
EBIT Margin	2.74%	2.90%	2.77%	2.69%	2.19%
Effective Tax Rate	24.24%	18.56%	25.50%	26.11%	24.13%

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