Asia Enterprises Holding Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	32.63	40.74	95.45	73.52	35.41
Revenue Growth (YoY)	-19.89%	-57.32%	29.83%	107.62%	-17.23%
Cost of Revenue	27.29	35.19	80.49	60.23	24.86
Gross Profit	5.34	5.55	14.96	13.29	10.56
Selling, General & Admin	6.49	6.63	8.35	7.55	7.09
Operating Expenses	6.49	6.63	8.35	7.55	7.09
Operating Income	-1.15	-1.08	6.6	5.74	3.47
Interest Expense	-0.26	-0.28	-0.27	-0.3	-0.31
Interest & Investment Income	1.8	2.07	1.26	0.72	0.56
Earnings From Equity Investments	1.03	-	-	-	-
Currency Exchange Gain (Loss)	-0.08	0.06	0.23	0.05	0.08
Other Non Operating Income (Expenses)	0.04	-0.02	-0.08	-0	0.22
EBT Excluding Unusual Items	1.39	0.76	7.74	6.22	4
Gain (Loss) on Sale of Investments	0	-0.07	-0.04	-0.75	-0.1
Gain (Loss) on Sale of Assets	0.02	-	0.07	0	0.08
Pretax Income	1.41	0.68	7.77	5.47	3.98
Income Tax Expense	0.12	0.31	1.71	1.72	0.26
Earnings From Continuing Operations	1.3	0.37	6.06	3.75	3.73
Net Income	1.3	0.37	6.06	3.75	3.73
Net Income to Common	1.3	0.37	6.06	3.75	3.73
Net Income Growth	250.95%	-93.92%	61.75%	0.62%	609.71%
Shares Outstanding (Basic)	370	341	341	341	341
Shares Outstanding (Diluted)	370	341	341	341	341
Shares Change (YoY)	8.33%	-	-	-	-
EPS (Basic)	0.00	0.00	0.02	0.01	0.01
EPS (Diluted)	0.00	0.00	0.02	0.01	0.01
EPS Growth	224.14%	-93.92%	61.76%	0.82%	627.15%
Free Cash Flow	8.23	14.09	8.04	-9.65	-0.5
Free Cash Flow Per Share	0.02	0.04	0.02	-0.03	-0.00
Dividend Per Share	0.003	0.005	0.010	0.008	0.008
Dividend Growth	-40.00%	-50.00%	25.00%	-	60.00%
Gross Margin	16.38%	13.62%	15.67%	18.08%	29.81%
Operating Margin	-3.51%	-2.65%	6.92%	7.81%	9.79%
Profit Margin	3.97%	0.91%	6.35%	5.10%	10.52%
Free Cash Flow Margin	25.23%	34.58%	8.43%	-13.13%	-1.40%
EBITDA	0.59	1.06	8.77	7.89	5.62
EBITDA Margin	1.82%	2.61%	9.19%	10.73%	15.87%
D&A For EBITDA	1.74	2.14	2.17	2.15	2.16
EBIT	-1.15	-1.08	6.6	5.74	3.47
EBIT Margin	-3.51%	-2.65%	6.92%	7.81%	9.79%
Effective Tax Rate	8.35%	45.97%	21.96%	31.45%	6.45%

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