Hafary Holdings Limited (SGX: 5VS)

Hafary 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
Operating Revenue	238.21	226.42	168.89	126	84.32	108.44
Other Revenue	0.52	0.53	0.5	0.29	0.11	0.2
Revenue	238.73	226.95	169.39	126.3	84.42	108.64
Revenue Growth (YoY)	17.66%	33.98%	34.12%	49.60%	-22.29%	-9.82%
Cost of Revenue	135.16	122.8	91.45	75.93	48.73	61.1
Gross Profit	103.57	104.15	77.94	50.36	35.69	47.53
Selling, General & Admin	37	36.08	26.8	23.27	17.05	20.43
Other Operating Expenses	9.66	7.52	4.2	3.64	5.8	7.05
Operating Expenses	60.53	56.3	40.74	34.92	30.42	35.65
Operating Income	43.04	47.85	37.2	15.45	5.27	11.89
Interest Expense	-10.73	-9.49	-4.62	-3.2	-3.26	-4.54
Earnings From Equity Investments	2.91	3.5	4.04	1.56	1.84	4.13
Currency Exchange Gain (Loss)	-0.25	-0.27	0.22	0.25	-0.46	0.05
Other Non Operating Income (Expenses)	-0.3	-0.3	0.07	-0.32	-0.25	-0
EBT Excluding Unusual Items	34.66	41.3	36.91	13.73	3.15	11.52
Gain (Loss) on Sale of Investments	7.51	7.51	0.22	-0.07	-0.11	-
Gain (Loss) on Sale of Assets	0	0	0.16	-	0	-0.04
Other Unusual Items	0.1	0.09	0.26	1.47	3.19	0.04
Pretax Income	42.34	48.97	37.58	15.13	6.26	11.57
Income Tax Expense	8.18	8.87	6.95	2.82	0.73	1.57
Earnings From Continuing Operations	34.16	40.1	30.64	12.31	5.54	10.01
Minority Interest in Earnings	-0.67	-1.03	-1.27	-0.73	-0.28	0.08
Net Income	33.49	39.07	29.37	11.58	5.26	10.09
Net Income to Common	33.49	39.07	29.37	11.58	5.26	10.09
Net Income Growth	-3.64%	33.00%	153.64%	120.15%	-47.85%	-5.93%
Shares Outstanding (Basic)	430	431	431	431	431	431
Shares Outstanding (Diluted)	430	431	431	431	431	431
Shares Change (YoY)	-0.09%	-	-	-	-	-
EPS (Basic)	0.08	0.09	0.07	0.03	0.01	0.02
EPS (Diluted)	0.08	0.09	0.07	0.03	0.01	0.02
EPS Growth	-3.57%	32.99%	153.58%	120.45%	-47.86%	-6.02%
Free Cash Flow	11.17	31.47	8.42	-1.85	18.85	21.44
Free Cash Flow Per Share	0.03	0.07	0.02	-0.00	0.04	0.05
Dividend Per Share	0.015	0.015	0.015	0.015	0.010	0.010
Dividend Growth	0%	0%	0%	50.00%	0%	0%
Gross Margin	43.38%	45.89%	46.01%	39.88%	42.27%	43.75%
Operating Margin	18.03%	21.08%	21.96%	12.23%	6.24%	10.94%
Profit Margin	14.03%	17.21%	17.34%	9.17%	6.23%	9.29%
Free Cash Flow Margin	4.68%	13.87%	4.97%	-1.46%	22.33%	19.74%
EBITDA	53.48	56.77	44.14	20.65	10.03	16.77
EBITDA Margin	22.40%	25.01%	26.06%	16.35%	11.88%	15.44%
D&A For EBITDA	10.44	8.92	6.94	5.21	4.76	4.89
EBIT	43.04	47.85	37.2	15.45	5.27	11.89
EBIT Margin	18.03%	21.08%	21.96%	12.23%	6.24%	10.94%
Effective Tax Rate	19.33%	18.12%	18.48%	18.64%	11.58%	13.56%

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