Union Gas Holdings Limited (SGX: 1F2)

Union Gas Holdings Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	125.92	128.85	134.79	123.04	118.97	78.8
Revenue Growth (YoY)	-3.64%	-4.41%	9.55%	3.43%	50.97%	39.81%
Cost of Revenue	78.17	81.4	100.42	81.93	61.98	49.92
Gross Profit	47.76	47.45	34.38	41.11	56.98	28.88
Selling, General & Admin	33.36	32.22	31.44	34.77	37.67	19.53
Other Operating Expenses	0.17	0.19	0.02	-	-	0.06
Operating Expenses	33.6	32.49	31.45	34.78	37.67	19.6
Operating Income	14.16	14.96	2.92	6.34	19.31	9.28
Interest Expense	-1.32	-1.37	-0.69	-0.5	-0.31	-0.08
Interest & Investment Income	0.07	0.07	0.14	0.14	1.53	0.16
Currency Exchange Gain (Loss)	0.07	-0.09	-0.1	0.08	-0.05	-0
Other Non Operating Income (Expenses)	1.27	1.16	2.76	2.48	9.51	0.92
EBT Excluding Unusual Items	14.24	14.73	5.04	8.52	29.99	10.28
Gain (Loss) on Sale of Assets	0.27	0.27	0.45	1.94	0.27	0.12
Asset Writedown	0.05	0.05	0.04	0.02	-0.19	-
Other Unusual Items	-	-	-	1.36	2.57	-
Pretax Income	14.57	15.05	5.53	17.4	32.63	10.39
Income Tax Expense	2.94	2.83	0.32	2.49	3.75	1.97
Net Income	11.63	12.22	5.21	14.91	28.88	8.42
Net Income to Common	11.63	12.22	5.21	14.91	28.88	8.42
Net Income Growth	35.62%	134.47%	-65.05%	-48.36%	243.09%	31.02%
Shares Outstanding (Basic)	318	318	318	315	313	229
Shares Outstanding (Diluted)	318	318	318	315	313	229
Shares Change (YoY)	0.17%	0.03%	0.99%	0.50%	36.77%	5.39%
EPS (Basic)	0.04	0.04	0.02	0.05	0.09	0.04
EPS (Diluted)	0.04	0.04	0.02	0.05	0.09	0.04
EPS Growth	35.38%	134.41%	-65.39%	-48.61%	150.86%	24.33%
Free Cash Flow	11.87	14.02	2.91	-8.63	26.1	10.76
Free Cash Flow Per Share	0.04	0.04	0.01	-0.03	0.08	0.05
Dividend Per Share	0.015	0.015	0.005	0.018	0.030	0.018
Dividend Growth	64.44%	196.00%	-72.22%	-40.59%	63.78%	54.17%
Gross Margin	37.92%	36.82%	25.50%	33.41%	47.90%	36.65%
Operating Margin	11.24%	11.61%	2.17%	5.15%	16.24%	11.78%
Profit Margin	9.24%	9.49%	3.87%	12.12%	24.27%	10.68%
Free Cash Flow Margin	9.43%	10.88%	2.16%	-7.02%	21.94%	13.65%
EBITDA	21.84	22.28	10.49	14.08	25.84	12.92
EBITDA Margin	17.34%	17.29%	7.78%	11.44%	21.72%	16.39%
D&A For EBITDA	7.68	7.32	7.57	7.74	6.52	3.63
EBIT	14.16	14.96	2.92	6.34	19.31	9.28
EBIT Margin	11.24%	11.61%	2.17%	5.15%	16.23%	11.78%
Effective Tax Rate	20.15%	18.78%	5.72%	14.31%	11.49%	19.00%

Source: S&P Capital IQ. Standard template. Financial Sources.