Willowglen MSC Berhad Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	190.91	205.85	209.27	192.53	171.3
Revenue Growth (YoY)	-7.26%	-1.63%	8.70%	12.39%	17.21%
Cost of Revenue	147.36	157.9	157.59	140.16	123.67
Gross Profit	43.55	47.95	51.68	52.37	47.64
Selling, General & Admin	36.19	32.94	36.06	37.03	30.88
Other Operating Expenses	-2.07	-0.59	-1.18	-1.75	-0.98
Operating Expenses	34.12	32.35	34.82	34.58	29.66
Operating Income	9.43	15.6	16.86	17.79	17.98
Interest Expense	-0.55	-0.64	-0.49	-0.04	-0.05
Interest & Investment Income	-	0.4	0.68	0.61	0.49
Earnings From Equity Investments	-0	-15.42	-1.92	1.08	0.91
EBT Excluding Unusual Items	8.88	-0.06	15.13	19.44	19.32
Gain (Loss) on Sale of Investments	-	-8.54	-	-	-
Other Unusual Items	-	-5.84	-	-	-
Pretax Income	8.88	-14.45	15.13	19.44	19.32
Income Tax Expense	4.33	4.28	4.79	4.11	4.1
Earnings From Continuing Operations	4.55	-18.73	10.34	15.33	15.22
Minority Interest in Earnings	-	-	0.03	0.05	0.04
Net Income	4.55	-18.73	10.37	15.39	15.26
Net Income to Common	4.55	-18.73	10.37	15.39	15.26
Net Income Growth	-	-	-32.59%	0.83%	-14.62%
Shares Outstanding (Basic)	485	485	485	485	486
Shares Outstanding (Diluted)	485	485	485	485	486
Shares Change (YoY)	-	-0.01%	-0.06%	-0.09%	-0.00%
EPS (Basic)	0.01	-0.04	0.02	0.03	0.03
EPS (Diluted)	0.01	-0.04	0.02	0.03	0.03
EPS Growth	-	-	-32.52%	0.95%	-14.67%
Free Cash Flow	12.38	11.5	-3.35	-18.68	9.22
Free Cash Flow Per Share	0.03	0.02	-0.01	-0.04	0.02
Dividend Per Share	0.015	0.015	0.015	0.015	0.015
Gross Margin	22.81%	23.29%	24.70%	27.20%	27.81%
Operating Margin	4.94%	7.58%	8.06%	9.24%	10.49%
Profit Margin	2.38%	-9.10%	4.96%	7.99%	8.91%
Free Cash Flow Margin	6.48%	5.59%	-1.60%	-9.70%	5.38%
EBITDA	10.79	17.14	18.62	19.84	20.09
EBITDA Margin	5.65%	8.33%	8.90%	10.30%	11.73%
D&A For EBITDA	1.37	1.54	1.76	2.05	2.11
EBIT	9.43	15.6	16.86	17.79	17.98
EBIT Margin	4.94%	7.58%	8.06%	9.24%	10.49%
Effective Tax Rate	48.81%	-	31.68%	21.14%	21.24%

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