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	Mar 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	1,130	1,130	1,123	1,033	742.93	749.45
Other Revenue	2.19	2.19	2.13	1.71	1.26	1.07
Revenue	1,132	1,132	1,125	1,035	744.19	750.52
Revenue Growth (YoY)	0.61%	0.61%	8.69%	39.09%	-0.84%	3.95%
Cost of Revenue	766.48	766.48	745.52	695.61	525.64	533.62
Gross Profit	365.4	365.4	379.55	339.51	218.55	216.9
Selling, General & Admin	127.74	127.74	123.04	101.04	72.67	86.81
Other Operating Expenses	2.29	2.29	2.76	0.18	1.25	7.31
Operating Expenses	173.94	173.94	166.07	139.67	108.69	127.04
Operating Income	191.46	191.46	213.47	199.84	109.85	89.86
Interest Expense	-6.68	-6.68	-5.89	-3.71	-3.41	-3.48
Interest & Investment Income	4.65	4.65	2.05	0.45	0.62	1.83
Earnings From Equity Investments	15.58	15.58	21.41	15.66	9.39	6.49
Currency Exchange Gain (Loss)	-0.93	-0.93	-1.32	-0.03	-0.21	1.02
Other Non Operating Income (Expenses)	-	-	-	-	1.43	-
EBT Excluding Unusual Items	204.08	204.08	229.73	212.21	117.67	95.71
Impairment of Goodwill	-	-	-5.48	-4.16	-	-
Gain (Loss) on Sale of Assets	-0.08	-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	204.62	204.62	219.61	204.51	109.89	95.08
Income Tax Expense	47.04	47.04	45.39	47.5	25.35	17.72
Earnings From Continuing Operations	157.58	157.58	174.22	157.01	84.54	77.36
Minority Interest in Earnings	-1.1	-1.1	-1.85	-2.32	-2.07	-1.31
Net Income	156.49	156.49	172.37	154.7	82.47	76.05
Net Income to Common	156.49	156.49	172.37	154.7	82.47	76.05
Net Income Growth	-9.21%	-9.21%	11.42%	87.58%	8.44%	7.98%
Shares Outstanding (Basic)	655	655	665	692	704	705
Shares Outstanding (Diluted)	655	655	665	692	704	705
Shares Change (YoY)	-1.48%	-1.48%	-3.91%	-1.65%	-0.14%	-0.01%
EPS (Basic)	0.24	0.24	0.26	0.22	0.12	0.11
EPS (Diluted)	0.24	0.24	0.26	0.22	0.12	0.11
EPS Growth	-7.85%	-7.85%	15.96%	90.72%	8.59%	7.98%
Free Cash Flow	114.9	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	32.28%	32.28%	33.74%	32.80%	29.37%	28.90%
Operating Margin	16.91%	16.91%	18.97%	19.31%	14.76%	11.97%
Profit Margin	13.83%	13.83%	15.32%	14.94%	11.08%	10.13%
Free Cash Flow Margin	10.15%	10.15%	5.98%	20.16%	21.75%	12.56%
EBITDA	204.89	204.89	225.29	210.68	118.18	95.27
EBITDA Margin	18.10%	18.10%	20.02%	20.35%	15.88%	12.69%
D&A For EBITDA	13.44	13.44	11.82	10.84	8.33	5.41
EBIT	191.46	191.46	213.47	199.84	109.85	89.86
EBIT Margin	16.91%	16.91%	18.97%	19.31%	14.76%	11.97%
Effective Tax Rate	22.99%	22.99%	20.67%	23.23%	23.07%	18.63%
Revenue as Reported	1,146	1,146	1,137	1,044	751.79	755.52

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