King Wan Corporation Income Statement

Financials in millions SGD. Fiscal year is April - March.

Millions SGD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	65.62	86.76	95.52	92.43	77.19	45.91
Revenue Growth (YoY)	-33.59%	-9.17%	3.34%	19.74%	68.15%	-36.59%
Cost of Revenue	61.99	79.72	94.21	91.98	69.47	42.89
Gross Profit	3.63	7.03	1.31	0.46	7.72	3.02
Selling, General & Admin	6.2	5.72	5.46	8.48	5.5	4.63
Other Operating Expenses	-1.01	-0.95	-0.82	-0.37	-0.48	-0.79
Operating Expenses	5.32	4.9	4.86	8.58	6.68	4.05
Operating Income	-1.69	2.13	-3.55	-8.12	1.04	-1.03
Interest Expense	-1.17	-1.32	-1.75	-1.28	-0.67	-0.94
Interest & Investment Income	0.66	0.65	1.98	0.88	0.73	0.92
Earnings From Equity Investments	5.79	4.26	19.61	0.01	0.18	0.16
Currency Exchange Gain (Loss)	0.03	0.03	-	0.01	0.02	-0.07
Other Non Operating Income (Expenses)	-0	-0	-0.05	-	-0.01	-0.06
EBT Excluding Unusual Items	3.61	5.75	16.25	-8.5	1.3	-1.02
Gain (Loss) on Sale of Investments	-	-	-	-	0.01	-0.05
Gain (Loss) on Sale of Assets	0.01	-	-	0.08	0.08	0.16
Other Unusual Items	-2	-2.07	-4.16	2.82	-0.84	-0.5
Pretax Income	1.62	3.68	12.08	-5.6	0.55	-1.4
Income Tax Expense	-0.21	0.27	-0.3	-0.78	-0.04	0.09
Earnings From Continuing Operations	1.83	3.42	12.38	-4.82	0.58	-1.49
Minority Interest in Earnings	0.02	0.02	0.02	0.03	0.02	-
Net Income	1.85	3.44	12.4	-4.79	0.61	-1.49
Net Income to Common	1.85	3.44	12.4	-4.79	0.61	-1.49
Net Income Growth	-84.32%	-72.30%	-	-	-	-
Shares Outstanding (Basic)	698	698	698	698	625	349
Shares Outstanding (Diluted)	698	698	698	698	625	349
Shares Change (YoY)	-0.64%	-	-	11.77%	78.95%	-
EPS (Basic)	0.00	0.00	0.02	-0.01	0.00	-0.00
EPS (Diluted)	0.00	0.00	0.02	-0.01	0.00	-0.00
EPS Growth	-84.22%	-72.29%	-	-	-	-
Free Cash Flow	-1.27	-1.62	2.76	-7.14	0.46	-1.63
Free Cash Flow Per Share	-0.00	-0.00	0.00	-0.01	0.00	-0.01
Gross Margin	5.54%	8.11%	1.37%	0.49%	10.01%	6.57%
Operating Margin	-2.57%	2.46%	-3.71%	-8.79%	1.35%	-2.25%
Profit Margin	2.82%	3.96%	12.98%	-5.19%	0.78%	-3.24%
Free Cash Flow Margin	-1.94%	-1.86%	2.88%	-7.72%	0.60%	-3.56%
EBITDA	-1.17	2.77	-2.91	-7.52	1.64	-0.48
EBITDA Margin	-1.78%	3.19%	-3.05%	-8.13%	2.12%	-1.05%
D&A For EBITDA	0.52	0.64	0.64	0.61	0.59	0.55
EBIT	-1.69	2.13	-3.55	-8.12	1.04	-1.03
EBIT Margin	-2.57%	2.46%	-3.71%	-8.79%	1.35%	-2.25%
Effective Tax Rate	-	7.25%	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.