Well Chip Group Berhad 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	Mar '25 Mar 31, 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	227.27	222.13	203.68	158.13	101.88	121.84
Revenue Growth (YoY)	9.92%	9.06%	28.81%	55.21%	-16.38%	-
Cost of Revenue	112.96	116.97	126.24	95.59	49.39	58.89
Gross Profit	114.31	105.16	77.43	62.53	52.49	62.95
Selling, General & Admin	37.19	35.41	27.36	20.56	18.07	14.99
Operating Expenses	37.19	35.41	27.36	23.53	20.66	17.43
Operating Income	77.11	69.75	50.07	39	31.83	45.52
Interest Expense	-0.38	-0.4	-0.38	-0.3	-0.18	-0.17
Interest & Investment Income	1.28	1.28	0.13	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-2.29	-0.35	-0.11
Other Non Operating Income (Expenses)	0.96	0.38	0.17	1.24	1.24	0.55
EBT Excluding Unusual Items	78.96	71.01	49.99	37.64	32.55	45.79
Gain (Loss) on Sale of Investments	0.06	0.06	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	0	0	-
Asset Writedown	-	-	-	-0.9	-	-
Other Unusual Items	-	-	-	0.04	0.2	0.37
Pretax Income	79.03	71.07	49.99	36.78	32.75	46.16
Income Tax Expense	23.05	21.09	14.67	11.62	8.97	12.48
Earnings From Continuing Operations	55.98	49.98	35.32	25.16	23.78	33.68
Earnings From Discontinued Operations	-	-	1.11	1.2	0.18	-0.07
Net Income	55.98	49.98	36.43	26.35	23.97	33.61
Net Income to Common	55.98	49.98	36.43	26.35	23.97	33.61
Net Income Growth	40.86%	37.20%	38.25%	9.96%	-28.69%	-
Shares Outstanding (Basic)	554	517	24	24	24	24
Shares Outstanding (Diluted)	554	517	24	24	24	24
Shares Change (YoY)	324.83%	2061.59%	-	-	-	-
EPS (Basic)	0.10	0.10	1.52	1.10	1.00	1.41
EPS (Diluted)	0.10	0.10	1.52	1.10	1.00	1.41
EPS Growth	-66.68%	-93.65%	38.25%	9.96%	-28.69%	-
Free Cash Flow	-61.53	-48.78	-39.09	-63.15	-7.28	24.7
Free Cash Flow Per Share	-0.11	-0.09	-1.64	-2.64	-0.30	1.03
Dividend Per Share	0.040	0.040	0.360	0.900	0.940	17.800
Dividend Growth	-77.78%	-88.89%	-60.00%	-4.25%	-94.72%	-
Gross Margin	50.30%	47.34%	38.02%	39.55%	51.52%	51.67%
Operating Margin	33.93%	31.40%	24.58%	24.66%	31.24%	37.36%
Profit Margin	24.63%	22.50%	17.89%	16.66%	23.52%	27.58%
Free Cash Flow Margin	-27.07%	-21.96%	-19.19%	-39.94%	-7.14%	20.27%
EBITDA	79.24	71.86	51.74	40.32	32.91	46.6
EBITDA Margin	34.87%	32.35%	25.40%	25.50%	32.30%	38.25%
D&A For EBITDA	2.13	2.11	1.67	1.32	1.08	1.08
EBIT	77.11	69.75	50.07	39	31.83	45.52
EBIT Margin	33.93%	31.40%	24.58%	24.66%	31.24%	37.36%
Effective Tax Rate	29.17%	29.67%	29.35%	31.60%	27.38%	27.03%

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