Winstar Capital 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	235.35	203.39	153.68	109.91	89.75
Revenue Growth (YoY)	15.71%	32.34%	39.83%	22.46%	-
Cost of Revenue	189.51	167.05	123.33	89.01	71.83
Gross Profit	45.84	36.35	30.35	20.9	17.92
Selling, General & Admin	24.99	20.25	16.28	10.82	10.34
Other Operating Expenses	-0.79	-0.49	-0.67	-0.78	-0.18
Operating Expenses	24.2	19.84	15.39	12.15	12.08
Operating Income	21.64	16.51	14.96	8.75	5.84
Interest Expense	-7.5	-4.07	-3.24	-1.87	-1.78
Interest & Investment Income	-	-	-	0.07	0.07
Other Non Operating Income (Expenses)	-	-2.81	-	-0.01	-0.01
EBT Excluding Unusual Items	14.14	9.63	11.72	6.95	4.13
Gain (Loss) on Sale of Assets	-	-	-	0.24	0.55
Other Unusual Items	-	-	-	-0.09	-0.95
Pretax Income	14.14	9.63	11.72	7.36	3.73
Income Tax Expense	3.82	2.23	3.7	2.09	1.1
Net Income	10.32	7.41	8.02	5.26	2.62
Net Income to Common	10.32	7.41	8.02	5.26	2.62
Net Income Growth	39.37%	-7.63%	52.33%	100.51%	-
Shares Outstanding (Basic)	291	235	233	233	233
Shares Outstanding (Diluted)	291	235	233	233	233
Shares Change (YoY)	23.55%	0.86%	-	-	-
EPS (Basic)	0.04	0.03	0.03	0.02	0.01
EPS (Diluted)	0.04	0.03	0.03	0.02	0.01
EPS Growth	12.81%	-8.31%	52.44%	100.89%	-
Free Cash Flow	-37.65	-50.44	-6.52	5.9	-0.22
Free Cash Flow Per Share	-0.13	-0.21	-0.03	0.03	-0.00
Gross Margin	19.48%	17.87%	19.75%	19.02%	19.97%
Operating Margin	9.19%	8.12%	9.73%	7.96%	6.50%
Profit Margin	4.38%	3.64%	5.22%	4.79%	2.92%
Free Cash Flow Margin	-16.00%	-24.80%	-4.24%	5.37%	-0.24%
EBITDA	23.61	19.69	17.7	10.51	7.48
EBITDA Margin	10.03%	9.68%	11.51%	9.56%	8.33%
D&A For EBITDA	1.98	3.18	2.73	1.76	1.64
EBIT	21.64	16.51	14.96	8.75	5.84
EBIT Margin	9.19%	8.12%	9.73%	7.96%	6.50%
Effective Tax Rate	27.00%	23.12%	31.57%	28.46%	29.61%
Advertising Expenses	-	-	-	0.15	0.02

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