First Sponsor Group Limited (SGX:ADN)

First Sponsor Group 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	298.58	317.56	282.93	427.49	589.17	203.94
Revenue Growth (YoY)	-6.67%	12.24%	-33.82%	-27.44%	188.90%	-36.10%
Cost of Revenue	177.62	181.71	151.06	221.4	347.85	32.03
Gross Profit	120.95	135.85	131.87	206.09	241.32	171.91
Selling, General & Admin	66.86	69.3	65.02	60.19	46.3	34.56
Other Operating Expenses	-49.4	-45.63	12.31	-49.39	0.76	-5.57
Operating Expenses	17.46	23.67	77.33	10.8	47.06	28.99
Operating Income	103.49	112.18	54.55	195.29	194.26	142.91
Interest Expense	-89.25	-94.83	-81.35	-48.43	-30.35	-26.71
Interest & Investment Income	43.93	51.24	53.25	36.86	20.54	23.12
Earnings From Equity Investments	80.32	59.51	-2.63	40.06	11.08	-12.37
Currency Exchange Gain (Loss)	-6.75	-	-	-	-	-
EBT Excluding Unusual Items	131.74	128.1	23.82	223.78	195.53	126.95
Impairment of Goodwill	-16.16	-16.16	-	-15.76	-	-
Gain (Loss) on Sale of Investments	3.83	0.22	4.36	-	1.61	0.25
Gain (Loss) on Sale of Assets	4.02	0.09	-0.46	15.23	20.61	2.66
Asset Writedown	-9.81	0.44	-0.04	-27.42	-15.15	-4.25
Other Unusual Items	0.08	0.08	-	-0.11	-	-
Pretax Income	113.69	112.76	27.7	195.72	202.6	125.61
Income Tax Expense	12.23	23.05	14.62	57.84	72.35	24.5
Earnings From Continuing Operations	101.47	89.71	13.08	137.87	130.25	101.11
Minority Interest in Earnings	-1.4	3.31	-0.56	-6.62	-8.78	2.06
Net Income	100.07	93.02	12.52	131.26	121.47	103.17
Preferred Dividends & Other Adjustments	5.87	-	-	-	-	2.98
Net Income to Common	94.2	93.02	12.52	131.26	121.47	100.2
Net Income Growth	623.00%	642.83%	-90.46%	8.06%	17.73%	-38.25%
Shares Outstanding (Basic)	1,129	1,122	970	923	916	837
Shares Outstanding (Diluted)	1,129	1,183	1,158	1,326	1,326	1,164
Shares Change (YoY)	-8.94%	2.15%	-12.63%	-	13.95%	19.22%
EPS (Basic)	0.08	0.08	0.01	0.14	0.13	0.12
EPS (Diluted)	0.08	0.08	0.01	0.10	0.09	0.09
EPS Growth	644.20%	627.78%	-89.09%	8.08%	3.30%	-48.21%
Free Cash Flow	13.65	13.9	-431.58	273.23	-160.78	153.35
Free Cash Flow Per Share	0.01	0.01	-0.37	0.21	-0.12	0.13
Dividend Per Share	0.046	0.046	0.042	0.038	0.035	0.031
Dividend Growth	10.71%	10.71%	10.53%	10.14%	11.29%	14.82%
Gross Margin	40.51%	42.78%	46.61%	48.21%	40.96%	84.29%
Operating Margin	34.66%	35.33%	19.28%	45.68%	32.97%	70.08%
Profit Margin	31.55%	29.29%	4.43%	30.70%	20.62%	49.13%
Free Cash Flow Margin	4.57%	4.38%	-152.54%	63.91%	-27.29%	75.20%
EBITDA	118.25	127.2	70.84	209.83	203.39	150.72
EBITDA Margin	39.60%	40.06%	25.04%	49.08%	34.52%	73.90%
D&A For EBITDA	14.75	15.02	16.29	14.54	9.13	7.8
EBIT	103.49	112.18	54.55	195.29	194.26	142.91
EBIT Margin	34.66%	35.33%	19.28%	45.68%	32.97%	70.08%
Effective Tax Rate	10.75%	20.44%	52.78%	29.55%	35.71%	19.50%

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.