The Hour Glass Limited (SGX: AGS)

The Hour Glass Income Statement

Financials in millions SGD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	1,112	1,130	1,123	1,033	742.93	749.45
Other Revenue	2.25	2.19	2.13	1.71	1.26	1.07
Revenue	1,114	1,132	1,125	1,035	744.19	750.52
Revenue Growth (YoY)	-1.25%	0.61%	8.69%	39.09%	-0.84%	3.95%
Cost of Revenue	755.4	766.48	745.52	695.61	525.64	533.62
Gross Profit	358.48	365.4	379.55	339.51	218.55	216.9
Selling, General & Admin	129.78	127.74	123.04	101.04	72.67	86.81
Other Operating Expenses	3.03	2.29	2.76	0.18	1.25	7.31
Operating Expenses	178.2	173.94	166.07	139.67	108.69	127.04
Operating Income	180.28	191.46	213.47	199.84	109.85	89.86
Interest Expense	-7.44	-6.68	-5.89	-3.71	-3.41	-3.48
Interest & Investment Income	4.89	4.65	2.05	0.45	0.62	1.83
Earnings From Equity Investments	11.49	15.58	21.41	15.66	9.39	6.49
Currency Exchange Gain (Loss)	-3.81	-0.93	-1.32	-0.03	-0.21	1.02
Other Non Operating Income (Expenses)	-	-	-	-	1.43	-
EBT Excluding Unusual Items	185.42	204.08	229.73	212.21	117.67	95.71
Impairment of Goodwill	-	-	-5.48	-4.16	-	-
Gain (Loss) on Sale of Assets	-1	-0.08	-0.11	0.03	-0.38	0.07
Asset Writedown	0.62	0.62	-4.53	-3.88	-10	-0.92
Other Unusual Items	-	-	-	0.31	2.6	0.21
Pretax Income	185.04	204.62	219.61	204.51	109.89	95.08
Income Tax Expense	43.77	47.04	45.39	47.5	25.35	17.72
Earnings From Continuing Operations	141.27	157.58	174.22	157.01	84.54	77.36
Minority Interest in Earnings	-0.37	-1.1	-1.85	-2.32	-2.07	-1.31
Net Income	140.9	156.49	172.37	154.7	82.47	76.05
Net Income to Common	140.9	156.49	172.37	154.7	82.47	76.05
Net Income Growth	-14.51%	-9.21%	11.42%	87.58%	8.44%	7.98%
Shares Outstanding (Basic)	651	655	665	692	704	705
Shares Outstanding (Diluted)	651	655	665	692	704	705
Shares Change (YoY)	-1.08%	-1.48%	-3.91%	-1.65%	-0.14%	-0.01%
EPS (Basic)	0.22	0.24	0.26	0.22	0.12	0.11
EPS (Diluted)	0.22	0.24	0.26	0.22	0.12	0.11
EPS Growth	-13.58%	-7.85%	15.96%	90.72%	8.59%	7.98%
Free Cash Flow	114.1	114.9	67.28	208.67	161.89	94.29
Free Cash Flow Per Share	0.18	0.18	0.10	0.30	0.23	0.13
Dividend Per Share	0.080	0.080	0.080	0.080	0.060	0.020
Dividend Growth	0%	0%	0%	33.33%	200.00%	-33.33%
Gross Margin	32.18%	32.28%	33.74%	32.80%	29.37%	28.90%
Operating Margin	16.18%	16.91%	18.97%	19.31%	14.76%	11.97%
Profit Margin	12.65%	13.83%	15.32%	14.94%	11.08%	10.13%
Free Cash Flow Margin	10.24%	10.15%	5.98%	20.16%	21.75%	12.56%
EBITDA	194.54	204.89	225.29	210.68	118.18	95.27
EBITDA Margin	17.46%	18.10%	20.02%	20.35%	15.88%	12.69%
D&A For EBITDA	14.25	13.44	11.82	10.84	8.33	5.41
EBIT	180.28	191.46	213.47	199.84	109.85	89.86
EBIT Margin	16.18%	16.91%	18.97%	19.31%	14.76%	11.97%
Effective Tax Rate	23.65%	22.99%	20.67%	23.23%	23.07%	18.63%
Revenue as Reported	1,129	1,146	1,137	1,044	751.79	755.52

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