WTEC Group 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	49.44	52.03	50.86	52.54	43.12
Revenue Growth (YoY)	-4.96%	2.30%	-3.21%	21.86%	-
Cost of Revenue	32.99	32.24	32.62	38.97	33.42
Gross Profit	16.46	19.79	18.24	13.57	9.7
Selling, General & Admin	10.37	8.81	6.43	6.03	5.49
Operating Expenses	10.45	8.7	6.39	6.15	5.59
Operating Income	6.01	11.09	11.85	7.42	4.11
Interest Expense	-0.13	-0.16	-0.2	-0.2	-0.27
Interest & Investment Income	-	0.29	0.31	0.12	0.14
Earnings From Equity Investments	0.02	0	0.06	0.13	0.03
Currency Exchange Gain (Loss)	-	-	0.27	0.28	0.15
Other Non Operating Income (Expenses)	0.91	0.1	0.1	0.12	0.16
EBT Excluding Unusual Items	6.81	11.32	12.39	7.86	4.32
Impairment of Goodwill	-	-	-	-	-0.03
Gain (Loss) on Sale of Assets	-	-	0.02	0.05	0.03
Asset Writedown	-	-0	-0.04	-	-
Other Unusual Items	-	0.01	0	-	0.3
Pretax Income	6.81	11.33	12.37	7.9	4.61
Income Tax Expense	2.23	3.13	3	1.55	1.11
Net Income	4.59	8.2	9.37	6.35	3.51
Net Income to Common	4.59	8.2	9.37	6.35	3.51
Net Income Growth	-44.09%	-12.50%	47.56%	81.23%	-
Shares Outstanding (Basic)	452	390	390	390	390
Shares Outstanding (Diluted)	452	390	390	390	390
Shares Change (YoY)	15.97%	-	-	-	-
EPS (Basic)	0.01	0.02	0.02	0.02	0.01
EPS (Diluted)	0.01	0.02	0.02	0.02	0.01
EPS Growth	-51.79%	-12.50%	47.56%	81.23%	-
Free Cash Flow	5.05	4.91	8.41	5.31	1.79
Free Cash Flow Per Share	0.01	0.01	0.02	0.01	0.01
Dividend Per Share	-	4.500	8.400	1.500	0.600
Dividend Growth	-	-46.43%	460.00%	150.00%	-
Gross Margin	33.29%	38.04%	35.86%	25.83%	22.50%
Operating Margin	12.16%	21.31%	23.29%	14.12%	9.54%
Profit Margin	9.27%	15.76%	18.43%	12.09%	8.13%
Free Cash Flow Margin	10.21%	9.44%	16.54%	10.11%	4.15%
EBITDA	7.43	12.49	13.05	8.61	5.14
EBITDA Margin	15.03%	24.01%	25.66%	16.38%	11.92%
D&A For EBITDA	1.42	1.4	1.2	1.19	1.03
EBIT	6.01	11.09	11.85	7.42	4.11
EBIT Margin	12.16%	21.31%	23.29%	14.12%	9.54%
Effective Tax Rate	32.71%	27.59%	24.25%	19.64%	24.04%

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