Broadway Industrial Group Limited (SGX: B69)

Broadway Industrial Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	297.6	258.67	352.31	471.41	400.67	306.65
Revenue Growth (YoY)	-1.23%	-26.58%	-25.26%	17.65%	30.66%	-20.18%
Cost of Revenue	272	244.65	331.03	436.87	372.95	296.09
Gross Profit	25.6	14.02	21.28	34.54	27.72	10.56
Selling, General & Admin	10.27	9.66	10.47	17.25	12.93	16.09
Research & Development	-	-	-	0.59	0.68	-
Other Operating Expenses	0.06	0.01	0.34	0.19	3.78	12.24
Operating Expenses	10.33	9.67	10.8	18.03	17.39	28.33
Operating Income	15.27	4.35	10.47	16.51	10.33	-17.77
Interest Expense	-0.7	-0.67	-0.57	-0.76	-1.01	-0
Interest & Investment Income	0.93	0.54	0.02	0.04	0.02	0.01
Currency Exchange Gain (Loss)	0.34	-0.21	-0.67	0.71	-	-0.44
Other Non Operating Income (Expenses)	-0.39	-0.39	1.56	2.06	4.26	1.47
EBT Excluding Unusual Items	15.45	3.63	10.81	18.55	13.61	-16.73
Merger & Restructuring Charges	-0.84	-0.91	-2.47	-0.91	-	-0.9
Impairment of Goodwill	-	-	-	-2.37	-	-
Gain (Loss) on Sale of Assets	-0.36	-0.13	-0.03	-0.01	-	-
Asset Writedown	-	-	-	-	-	-0.05
Pretax Income	14.25	2.59	8.46	15.26	13.61	-17.68
Income Tax Expense	1.79	-0.35	1.05	0.83	0.04	3.81
Earnings From Continuing Operations	12.46	2.94	7.41	14.43	13.57	-21.48
Earnings From Discontinued Operations	-0.14	-0.56	-1.71	-	-	-
Net Income to Company	12.32	2.38	5.7	14.43	13.57	-21.48
Minority Interest in Earnings	0.72	0.71	0.58	0.84	0.55	0.11
Net Income	13.04	3.09	6.28	15.27	14.11	-21.37
Net Income to Common	13.04	3.09	6.28	15.27	14.11	-21.37
Net Income Growth	571.52%	-50.86%	-58.88%	8.19%	-	-
Shares Outstanding (Basic)	455	455	455	467	468	469
Shares Outstanding (Diluted)	455	455	455	467	468	469
Shares Change (YoY)	-0.08%	-0.16%	-2.41%	-0.38%	-0.14%	-0.38%
EPS (Basic)	0.03	0.01	0.01	0.03	0.03	-0.05
EPS (Diluted)	0.03	0.01	0.01	0.03	0.03	-0.05
EPS Growth	576.17%	-50.78%	-57.84%	20.66%	-	-
Free Cash Flow	2.28	11.52	14.58	7.38	38.68	11.44
Free Cash Flow Per Share	0.01	0.03	0.03	0.02	0.08	0.02
Dividend Per Share	0.010	0.005	-	0.010	-	-
Gross Margin	8.60%	5.42%	6.04%	7.33%	6.92%	3.44%
Operating Margin	5.13%	1.68%	2.97%	3.50%	2.58%	-5.79%
Profit Margin	4.38%	1.19%	1.78%	3.24%	3.52%	-6.97%
Free Cash Flow Margin	0.77%	4.45%	4.14%	1.57%	9.65%	3.73%
EBITDA	24.11	13.95	21.91	28.31	23.72	-4.37
EBITDA Margin	8.10%	5.39%	6.22%	6.01%	5.92%	-1.42%
D&A For EBITDA	8.84	9.6	11.44	11.81	13.39	13.4
EBIT	15.27	4.35	10.47	16.51	10.33	-17.77
EBIT Margin	5.13%	1.68%	2.97%	3.50%	2.58%	-5.79%
Effective Tax Rate	12.54%	-	12.44%	5.43%	0.30%	-

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