White Horse Berhad (KLSE:WTHORSE)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
0.4650
-0.0100 (-2.11%)
At close: Aug 10, 2026

White Horse Berhad Financials Overview

Millions MYR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
364.25380.54438.48421.69413.62399.79
Revenue Growth
-13.61%-13.21%3.98%1.95%3.46%-2.50%
Gross Profit
65.9965.1777.859.1278.9551.77
Operating Income
-9.65-10.61-10.37-21.5-8.53-48.63
Net Income
-6.07-7.33-10.86-16.580.7916.74
Earnings Per Share
-0.03-0.03-0.05-0.080.000.07
EPS Growth
-----95.16%-

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Malaysia
311.59331.71398.25381.97370.69314.51
Singapore
43.5840.3730.39---
Others
20.4320.2621.3451.1950.7254.26
Unallocated
-11.34-11.8-11.5-12.57-13.05-13.13
Total
364.25380.54438.48421.69413.62399.79

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
159.16175.34163.95173.19139.93178.78
Total Debt
70.0668.3589.497.1997.8870.94
Net Cash (Debt)
89.1106.9974.567642.05107.84
Net Cash Growth
43.84%43.50%-1.91%80.76%-61.01%-
Net Cash Per Share
0.400.490.340.340.190.48

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
21.2829.5516.9930.08-41.7414.36
Capital Expenditures
-9.1-9.51-4.3-2.04-3.08-3.8
Free Cash Flow
12.1820.0412.728.04-44.8210.56
Free Cash Flow Growth
-23.91%57.86%-54.72%---82.96%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
18.12%17.13%17.74%14.02%19.09%12.95%
Operating Margin
-2.65%-2.79%-2.36%-5.10%-2.06%-12.16%
Pretax Margin
-1.25%-1.52%-1.90%-3.89%1.69%6.39%
Profit Margin
-1.67%-1.93%-2.48%-3.93%0.19%4.19%
FCF Margin
3.35%5.27%2.90%6.65%-10.84%2.64%

Dividends

Fiscal YearFY 2021
Period EndingDec '21
Dividend Per Share
0.030
Dividend Per Share Growth
-
Dividend Yield
4.93%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
----169.858.37
Forward PE
-45.7145.7145.7145.7145.71
P/FCF Ratio
8.406.9312.514.96-13.27
PS Ratio
0.280.370.360.330.330.35