SHS Holdings Ltd. (SGX:566)

SHS Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	98.96	82.98	82.2	87.22	55.2	35.15
Revenue Growth (YoY)	30.64%	0.94%	-5.75%	58.01%	57.06%	33.18%
Cost of Revenue	85.46	71.15	68.77	68.16	45.89	28.46
Gross Profit	13.5	11.83	13.43	19.06	9.31	6.69
Selling, General & Admin	7.79	8.45	7.48	8.13	7.38	6.9
Other Operating Expenses	7.41	4.82	3.22	6.02	6.37	5
Operating Expenses	13.93	12.34	10.67	14.24	13.66	12.54
Operating Income	-0.43	-0.51	2.77	4.82	-4.35	-5.85
Interest Expense	-0.89	-0.82	-0.97	-0.69	-1.06	-1.15
Interest & Investment Income	0.97	0.97	1.79	0.82	0.13	0.17
Earnings From Equity Investments	-	-	-	-0.83	-0.62	-0.02
Currency Exchange Gain (Loss)	-2.07	1.06	-0.82	-0.73	1.12	-0.62
Other Non Operating Income (Expenses)	4.23	2.12	0.76	1.54	2.19	0.64
EBT Excluding Unusual Items	1.8	2.81	3.53	4.93	-2.59	-6.83
Impairment of Goodwill	-	-	-	-	-2	-8.85
Gain (Loss) on Sale of Investments	-	-	-0.18	-	-	-
Gain (Loss) on Sale of Assets	0.01	0.01	0.02	0.34	0.06	-0.01
Asset Writedown	-	-	-	-	-	-4.61
Other Unusual Items	-	-	-	0.48	0.91	-
Pretax Income	1.81	2.83	3.37	5.75	-3.62	-20.3
Income Tax Expense	-0.63	-0.43	0.6	0.11	-0.05	-1.18
Earnings From Continuing Operations	2.44	3.25	2.76	5.63	-3.58	-19.12
Earnings From Discontinued Operations	-	-	-	-	-2.33	-2.56
Net Income to Company	2.44	3.25	2.76	5.63	-5.9	-21.67
Minority Interest in Earnings	-0.14	-0.05	-0.27	-0.58	3.16	2.4
Net Income	2.3	3.2	2.5	5.06	-2.75	-19.27
Net Income to Common	2.3	3.2	2.5	5.06	-2.75	-19.27
Net Income Growth	-	28.34%	-50.65%	-	-	-
Shares Outstanding (Basic)	610	610	610	630	685	685
Shares Outstanding (Diluted)	610	610	610	630	685	685
Shares Change (YoY)	-	-	-3.10%	-8.04%	-0.01%	-0.01%
EPS (Basic)	0.00	0.01	0.00	0.01	-0.00	-0.03
EPS (Diluted)	0.00	0.01	0.00	0.01	-0.00	-0.03
EPS Growth	-	28.33%	-49.08%	-	-	-
Free Cash Flow	10.86	2.76	-15.92	8.64	0.58	-7.27
Free Cash Flow Per Share	0.02	0.01	-0.03	0.01	0.00	-0.01
Dividend Per Share	0.002	0.002	0.003	0.004	-	-
Dividend Growth	-19.37%	-19.37%	-18.86%	-	-	-
Gross Margin	13.64%	14.26%	16.34%	21.85%	16.87%	19.02%
Operating Margin	-0.44%	-0.61%	3.36%	5.53%	-7.87%	-16.64%
Profit Margin	2.33%	3.86%	3.03%	5.80%	-4.98%	-54.83%
Free Cash Flow Margin	10.97%	3.33%	-19.37%	9.90%	1.05%	-20.68%
EBITDA	3.64	3.6	6.8	8.94	1.07	-1.25
EBITDA Margin	3.67%	4.34%	8.27%	10.25%	1.94%	-3.55%
D&A For EBITDA	4.07	4.11	4.03	4.12	5.42	4.6
EBIT	-0.43	-0.51	2.77	4.82	-4.35	-5.85
EBIT Margin	-0.44%	-0.61%	3.36%	5.53%	-7.87%	-16.64%
Effective Tax Rate	-	-	17.94%	1.98%	-	-

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