Forise International Limited (SGX:8A1)

H&E Equipment Services Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	0.43	0.56	0.32	1.69	2.16
Revenue Growth (YoY)	-22.84%	75.95%	-81.26%	-21.94%	214.72%
Cost of Revenue	0.02	0.04	-	-	-
Gross Profit	0.41	0.52	0.32	1.69	2.16
Selling, General & Admin	1.14	0.95	1.47	1.5	1.97
Other Operating Expenses	0.03	0.07	0.03	0.07	0.13
Operating Expenses	1.17	0.42	2.54	1.57	2.27
Operating Income	-0.77	0.1	-2.23	0.12	-0.11
Interest Expense	-	-	-	-	-0
Interest & Investment Income	0.01	0.01	0.01	0.01	0.01
Earnings From Equity Investments	-	-	-	-	-0.16
Currency Exchange Gain (Loss)	-0.01	-0.03	-0.1	0.07	-0.17
Other Non Operating Income (Expenses)	-	-0	-0.06	-	-
EBT Excluding Unusual Items	-0.77	0.08	-2.38	0.19	-0.44
Gain (Loss) on Sale of Investments	-	-	-	-	0.09
Other Unusual Items	-	-	-	0	0.07
Pretax Income	-0.77	0.08	-2.38	0.19	-0.27
Income Tax Expense	0.02	0.06	0	0.07	0.08
Earnings From Continuing Operations	-0.78	0.02	-2.38	0.12	-0.36
Net Income to Company	-0.78	0.02	-2.38	0.12	-0.36
Minority Interest in Earnings	0.01	-0.24	0.76	-0.14	-0.32
Net Income	-0.78	-0.22	-1.63	-0.02	-0.68
Net Income to Common	-0.78	-0.22	-1.63	-0.02	-0.68
Shares Outstanding (Basic)	43	43	43	43	-
Shares Outstanding (Diluted)	43	43	43	43	-
EPS (Basic)	-0.02	-0.01	-0.04	-0.00	-
EPS (Diluted)	-0.02	-0.01	-0.04	-0.00	-
Free Cash Flow	-0.63	-0.42	-0.84	1.37	-0.36
Free Cash Flow Per Share	-0.01	-0.01	-0.02	0.03	-
Gross Margin	95.10%	93.53%	100.00%	100.00%	100.00%
Operating Margin	-178.32%	18.70%	-704.11%	6.88%	-5.28%
Profit Margin	-181.59%	-39.03%	-514.24%	-1.07%	-31.44%
Free Cash Flow Margin	-147.55%	-75.36%	-266.77%	81.44%	-16.81%
EBITDA	-0.76	0.11	-	0.12	-0.11
EBITDA Margin	-178.09%	18.88%	-	6.94%	-5.23%
D&A For EBITDA	0	0	-	0	0
EBIT	-0.77	0.1	-2.23	0.12	-0.11
EBIT Margin	-178.32%	18.70%	-	6.88%	-5.28%
Effective Tax Rate	-	72.50%	-	36.60%	-

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.