Marco Polo Marine Income Statement

Financials in millions SGD. Fiscal year is October - September.

Millions SGD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	122.81	123.53	127.13	86.1	46.11
Revenue Growth (YoY)	-0.58%	-2.83%	47.66%	86.73%	49.46%
Cost of Revenue	68.59	75.02	81.39	58.62	34.1
Gross Profit	54.22	48.52	45.74	27.48	12.01
Selling, General & Admin	16.28	14.59	10.73	12.21	6.07
Other Operating Expenses	6.03	12.09	7.25	4.55	4.36
Operating Expenses	22.31	26.67	17.98	16.76	10.43
Operating Income	31.91	21.84	27.76	10.72	1.59
Interest Expense	-1.95	-0.68	-0.31	-0.13	-0.14
Interest & Investment Income	1.62	2.56	1.82	0.69	0.69
Earnings From Equity Investments	6.69	0.17	0.17	0.26	0.19
Currency Exchange Gain (Loss)	6.1	-	-	0.72	-
Other Non Operating Income (Expenses)	0.86	-0.96	-	-	-
EBT Excluding Unusual Items	45.22	22.94	29.44	12.25	2.33
Gain (Loss) on Sale of Investments	3.24	-	-	9.4	-
Gain (Loss) on Sale of Assets	0.56	1.72	1.03	0.99	6.27
Asset Writedown	22.39	-	-	-	-
Other Unusual Items	-	-	-	0.61	6.67
Pretax Income	71.45	25.71	30.47	23.25	15.27
Income Tax Expense	3.9	1.81	4.69	1.23	0.49
Earnings From Continuing Operations	67.54	23.91	25.78	22.03	14.78
Minority Interest in Earnings	-9.03	-2.21	-3.2	-0.68	-
Net Income	58.52	21.7	22.58	21.34	14.78
Net Income to Common	58.52	21.7	22.58	21.34	14.78
Net Income Growth	169.65%	-3.90%	5.80%	44.44%	-
Shares Outstanding (Basic)	3,754	3,754	3,683	3,532	3,527
Shares Outstanding (Diluted)	3,754	3,754	3,683	3,532	3,527
Shares Change (YoY)	-	1.91%	4.28%	0.15%	0.14%
EPS (Basic)	0.02	0.01	0.01	0.01	0.00
EPS (Diluted)	0.02	0.01	0.01	0.01	0.00
EPS Growth	169.64%	-3.65%	0.02%	50.01%	-
Free Cash Flow	-29.51	-24.17	-4.27	24.06	7.53
Free Cash Flow Per Share	-0.01	-0.01	-0.00	0.01	0.00
Dividend Per Share	0.002	0.001	0.001	-	-
Dividend Growth	50.00%	-	-	-	-
Gross Margin	44.15%	39.27%	35.98%	31.92%	26.05%
Operating Margin	25.98%	17.68%	21.84%	12.45%	3.44%
Profit Margin	47.64%	17.57%	17.76%	24.79%	32.05%
Free Cash Flow Margin	-24.03%	-19.57%	-3.36%	27.95%	16.33%
EBITDA	43.46	30.94	36.9	18.08	7.28
EBITDA Margin	35.39%	25.05%	29.02%	21.00%	15.80%
D&A For EBITDA	11.55	9.09	9.13	7.36	5.7
EBIT	31.91	21.84	27.76	10.72	1.59
EBIT Margin	25.98%	17.68%	21.84%	12.45%	3.44%
Effective Tax Rate	5.46%	7.02%	15.39%	5.27%	3.23%

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