IPC Corporation Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1.98	2.24	3.17	1.49	4.17	5.41
Revenue Growth (YoY)	-20.81%	-29.41%	112.48%	-64.27%	-22.95%	51.81%
Cost of Revenue	1.97	2	3.2	2.87	5.88	11.37
Gross Profit	0.01	0.24	-0.03	-1.38	-1.71	-5.96
Selling, General & Admin	2.96	3.06	3.35	4.17	4.08	4.02
Operating Expenses	2.96	3.06	3.35	4.17	4.08	4.02
Operating Income	-2.95	-2.82	-3.38	-5.55	-5.78	-9.99
Interest Expense	-0.29	-0.28	-0.28	-0.34	-0.55	-0.62
Interest & Investment Income	0.02	0.02	0.02	0.03	0.01	0.03
Currency Exchange Gain (Loss)	-0.02	-0.01	0	0.01	0.1	0.21
Other Non Operating Income (Expenses)	0.15	0.83	0.48	0.4	0.56	0.54
EBT Excluding Unusual Items	-3.09	-2.27	-3.16	-5.45	-5.65	-9.83
Gain (Loss) on Sale of Investments	7.27	7.27	3.83	-0.7	-2.99	-18.57
Gain (Loss) on Sale of Assets	0.02	0.04	0.03	0.01	0.08	-
Asset Writedown	1.03	1.03	-1.15	-1.55	-	-
Other Unusual Items	-	-	-	0.19	0.1	0.11
Pretax Income	5.23	6.07	-0.45	-7.5	-8.47	-28.29
Income Tax Expense	0.01	0.01	0.18	0.04	0.38	0.14
Earnings From Continuing Operations	5.22	6.07	-0.63	-7.54	-8.85	-28.43
Net Income	5.22	6.07	-0.63	-7.54	-8.85	-28.43
Net Income to Common	5.22	6.07	-0.63	-7.54	-8.85	-28.43
Net Income Growth	15.63%	-	-	-	-	-
Shares Outstanding (Basic)	85	85	85	85	85	85
Shares Outstanding (Diluted)	85	85	85	85	85	85
Shares Change (YoY)	-1.16%	-	-	-	-	-
EPS (Basic)	0.06	0.07	-0.01	-0.09	-0.10	-0.33
EPS (Diluted)	0.06	0.07	-0.01	-0.09	-0.10	-0.33
EPS Growth	16.98%	-	-	-	-	-
Free Cash Flow	-1.82	-2	0.52	-2.26	-0.55	1.3
Free Cash Flow Per Share	-0.02	-0.02	0.01	-0.03	-0.01	0.01
Gross Margin	0.71%	10.56%	-0.98%	-92.62%	-40.91%	-110.16%
Operating Margin	-149.02%	-126.26%	-106.85%	-372.35%	-138.63%	-184.50%
Profit Margin	263.87%	271.37%	-19.93%	-505.84%	-212.18%	-525.30%
Free Cash Flow Margin	-91.71%	-89.31%	16.36%	-151.68%	-13.26%	24.04%
EBITDA	-2.69	-2.74	-2.88	-4.48	-4.71	-8.69
EBITDA Margin	-136.03%	-122.55%	-91.09%	-	-113.02%	-160.53%
D&A For EBITDA	0.26	0.08	0.5	1.07	1.07	1.3
EBIT	-2.95	-2.82	-3.38	-5.55	-5.78	-9.99
EBIT Margin	-149.02%	-126.26%	-106.85%	-	-138.63%	-184.50%
Effective Tax Rate	0.17%	0.08%	-	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.