Wellspire Holdings Berhad (KLSE:WELLS)

Wellspire Holdings Berhad Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	159.09	143.89	124.88	123.37	136.71
Revenue Growth (YoY)	10.57%	15.22%	1.23%	-9.76%	14.20%
Cost of Revenue	115.12	103.05	99.97	97.41	98.54
Gross Profit	43.97	40.84	24.91	25.96	38.17
Selling, General & Admin	31.94	22.67	18.56	20.57	19.91
Other Operating Expenses	-1.34	-1.03	-1.24	-0.74	-1.4
Operating Expenses	30.59	21.64	17.31	19.76	18.8
Operating Income	13.38	19.2	7.6	6.2	19.37
Interest Expense	-0.31	-0.13	-0.16	-0.29	-0.27
Pretax Income	13.07	19.07	7.44	5.9	19.1
Income Tax Expense	5.02	6.47	2.99	2.95	3.7
Earnings From Continuing Operations	8.04	12.6	4.45	2.96	15.4
Minority Interest in Earnings	-2.86	-4.29	-1.82	-1.82	-4.28
Net Income	5.19	8.31	2.64	1.14	11.12
Net Income to Common	5.19	8.31	2.64	1.14	11.12
Net Income Growth	-37.52%	214.95%	131.64%	-89.76%	-6.00%
Shares Outstanding (Basic)	712	712	707	588	588
Shares Outstanding (Diluted)	712	712	707	588	588
Shares Change (YoY)	-	0.72%	20.34%	-	-
EPS (Basic)	0.01	0.01	0.00	0.00	0.02
EPS (Diluted)	0.01	0.01	0.00	0.00	0.02
EPS Growth	-37.52%	212.77%	92.51%	-89.77%	-
Free Cash Flow	8.86	3.01	6.03	1.37	14.56
Free Cash Flow Per Share	0.01	0.00	0.01	0.00	0.03
Gross Margin	27.64%	28.38%	19.95%	21.04%	27.92%
Operating Margin	8.41%	13.35%	6.09%	5.02%	14.17%
Profit Margin	3.26%	5.77%	2.11%	0.92%	8.13%
Free Cash Flow Margin	5.57%	2.09%	4.83%	1.11%	10.65%
EBITDA	13.71	19.55	7.95	6.45	19.54
EBITDA Margin	8.62%	13.58%	6.37%	5.23%	14.30%
D&A For EBITDA	0.34	0.34	0.35	0.25	0.18
EBIT	13.38	19.2	7.6	6.2	19.37
EBIT Margin	8.41%	13.35%	6.09%	5.02%	14.17%
Effective Tax Rate	38.43%	33.94%	40.14%	49.93%	19.36%

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