Well Chip Group Berhad Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	222.13	203.68	158.13	101.88	121.84
Revenue Growth (YoY)	9.06%	28.81%	55.21%	-16.38%	-
Cost of Revenue	116.97	126.24	95.59	49.39	58.89
Gross Profit	105.16	77.43	62.53	52.49	62.95
Selling, General & Admin	35.41	21.38	20.56	18.07	14.99
Operating Expenses	35.41	25.08	23.53	20.66	17.43
Operating Income	69.75	52.35	39	31.83	45.52
Interest Expense	-0.4	-0.38	-0.3	-0.18	-0.17
Interest & Investment Income	-	0.13	-	-	-
Currency Exchange Gain (Loss)	-	-2.23	-2.29	-0.35	-0.11
Other Non Operating Income (Expenses)	1.72	0.17	1.24	1.24	0.55
EBT Excluding Unusual Items	71.07	50.04	37.64	32.55	45.79
Gain (Loss) on Sale of Assets	-	-	0	0	-
Asset Writedown	-	-0.05	-0.9	-	-
Other Unusual Items	-	-	0.04	0.2	0.37
Pretax Income	71.07	49.99	36.78	32.75	46.16
Income Tax Expense	21.09	14.67	11.62	8.97	12.48
Earnings From Continuing Operations	49.98	35.32	25.16	23.78	33.68
Earnings From Discontinued Operations	-	1.11	1.2	0.18	-0.07
Net Income	49.98	36.43	26.35	23.97	33.61
Net Income to Common	49.98	36.43	26.35	23.97	33.61
Net Income Growth	37.21%	38.24%	9.96%	-28.69%	-
Shares Outstanding (Basic)	517	24	24	24	24
Shares Outstanding (Diluted)	517	24	24	24	24
Shares Change (YoY)	2061.58%	-	-	-	-
EPS (Basic)	0.10	1.52	1.10	1.00	1.41
EPS (Diluted)	0.10	1.52	1.10	1.00	1.41
EPS Growth	-93.65%	38.24%	9.96%	-28.69%	-
Free Cash Flow	-47.92	-41.6	-63.15	-7.28	24.7
Free Cash Flow Per Share	-0.09	-1.74	-2.64	-0.30	1.03
Dividend Per Share	-	0.360	0.900	0.940	17.800
Dividend Growth	-	-60.00%	-4.25%	-94.72%	-
Gross Margin	47.34%	38.02%	39.55%	51.52%	51.67%
Operating Margin	31.40%	25.70%	24.66%	31.24%	37.36%
Profit Margin	22.50%	17.89%	16.66%	23.52%	27.58%
Free Cash Flow Margin	-21.57%	-20.43%	-39.94%	-7.14%	20.27%
EBITDA	71.86	54.04	40.32	32.91	46.6
EBITDA Margin	32.35%	26.53%	25.50%	32.30%	38.25%
D&A For EBITDA	2.11	1.68	1.32	1.08	1.08
EBIT	69.75	52.35	39	31.83	45.52
EBIT Margin	31.40%	25.70%	24.66%	31.24%	37.36%
Effective Tax Rate	29.67%	29.35%	31.60%	27.38%	27.03%

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