Zecon 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	104.92	64.79	83.65	83.21	393.13
Revenue Growth (YoY)	61.94%	-22.55%	0.53%	-78.83%	19.80%
Cost of Revenue	65.48	26.87	44.55	56.79	375.31
Gross Profit	39.44	37.91	39.1	26.42	17.82
Selling, General & Admin	31.05	56.35	30.8	27.37	21.77
Other Operating Expenses	-98.64	-67.11	-51.96	-68.77	-101.04
Operating Expenses	-67.6	-10.62	-24.7	-41.53	-52.29
Operating Income	107.03	48.53	63.81	67.94	70.11
Interest Expense	-56.84	-50.77	-49.7	-48.69	-42.92
Interest & Investment Income	-	14.8	0.59	0.01	0.66
Currency Exchange Gain (Loss)	-	-	-	-	0
Other Non Operating Income (Expenses)	-	-2.75	0.14	-0.01	0.08
EBT Excluding Unusual Items	50.19	9.81	14.85	19.26	27.92
Gain (Loss) on Sale of Assets	-	0.05	1.02	0.42	0.67
Asset Writedown	-	44.69	-	-	4.08
Other Unusual Items	-	-	0.4	2.78	0.21
Pretax Income	50.19	54.54	16.27	22.46	32.88
Income Tax Expense	22.19	24.93	13.13	0.36	19.7
Earnings From Continuing Operations	28.01	29.61	3.14	22.1	13.18
Minority Interest in Earnings	-25.38	26	-1.11	-26.25	-28.14
Net Income	2.63	55.61	2.03	-4.15	-14.97
Net Income to Common	2.63	55.61	2.03	-4.15	-14.97
Net Income Growth	-95.27%	2646.13%	-	-	-
Shares Outstanding (Basic)	148	147	145	145	144
Shares Outstanding (Diluted)	154	160	159	145	144
Shares Change (YoY)	-4.08%	0.77%	9.75%	0.42%	0.23%
EPS (Basic)	0.02	0.38	0.01	-0.03	-0.10
EPS (Diluted)	0.02	0.35	0.01	-0.03	-0.10
EPS Growth	-95.07%	2629.13%	-	-	-
Free Cash Flow	-4.75	-79.2	39.32	43.39	22.64
Free Cash Flow Per Share	-0.03	-0.49	0.25	0.30	0.16
Gross Margin	37.59%	58.52%	46.74%	31.75%	4.53%
Operating Margin	102.02%	74.91%	76.28%	81.66%	17.83%
Profit Margin	2.51%	85.84%	2.42%	-4.99%	-3.81%
Free Cash Flow Margin	-4.52%	-122.25%	47.01%	52.15%	5.76%
EBITDA	107.57	49.05	64.32	68.61	71.53
EBITDA Margin	102.53%	75.72%	76.90%	82.46%	18.20%
D&A For EBITDA	0.54	0.53	0.52	0.67	1.43
EBIT	107.03	48.53	63.81	67.94	70.11
EBIT Margin	102.02%	74.91%	76.28%	81.66%	17.83%
Effective Tax Rate	44.20%	45.71%	80.73%	1.61%	59.92%

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