Broadway Industrial Group Limited (SGX:B69)

Broadway Industrial Group Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	352.23	258.67	352.31	471.41	400.67
Revenue Growth (YoY)	36.17%	-26.58%	-25.26%	17.66%	30.66%
Cost of Revenue	320.42	244.65	331.03	436.87	372.95
Gross Profit	31.81	14.02	21.28	34.54	27.72
Selling, General & Admin	16.02	9.66	10.47	17.25	12.93
Research & Development	-	-	-	0.59	0.68
Other Operating Expenses	-1.42	0.01	0.34	0.19	3.78
Operating Expenses	14.61	9.67	10.8	18.03	17.39
Operating Income	17.2	4.35	10.47	16.51	10.33
Interest Expense	-2	-0.67	-0.57	-0.76	-1.01
Interest & Investment Income	0.98	0.54	0.02	0.04	0.02
Currency Exchange Gain (Loss)	0.28	-0.21	-0.67	0.71	-
Other Non Operating Income (Expenses)	-	-0.39	1.56	2.06	4.26
EBT Excluding Unusual Items	16.47	3.63	10.81	18.55	13.61
Merger & Restructuring Charges	-0.13	-0.91	-2.47	-0.91	-
Impairment of Goodwill	-	-	-	-2.37	-
Gain (Loss) on Sale of Assets	-0.09	-0.13	-0.03	-0.01	-
Pretax Income	16.27	2.59	8.46	15.26	13.61
Income Tax Expense	4.45	-0.35	1.05	0.83	0.04
Earnings From Continuing Operations	11.82	2.94	7.41	14.43	13.57
Earnings From Discontinued Operations	-	-0.56	-1.71	-	-
Net Income to Company	11.82	2.38	5.7	14.43	13.57
Minority Interest in Earnings	0.33	0.71	0.58	0.84	0.55
Net Income	12.15	3.09	6.28	15.27	14.11
Net Income to Common	12.15	3.09	6.28	15.27	14.11
Net Income Growth	293.87%	-50.86%	-58.88%	8.19%	-
Shares Outstanding (Basic)	455	455	455	467	468
Shares Outstanding (Diluted)	456	455	455	467	468
Shares Change (YoY)	0.22%	-0.16%	-2.41%	-0.38%	-0.14%
EPS (Basic)	0.03	0.01	0.01	0.03	0.03
EPS (Diluted)	0.03	0.01	0.01	0.03	0.03
EPS Growth	293.51%	-50.78%	-57.84%	20.66%	-
Free Cash Flow	0.41	11.52	14.58	7.38	38.68
Free Cash Flow Per Share	0.00	0.03	0.03	0.02	0.08
Dividend Per Share	0.005	0.005	-	0.010	-
Gross Margin	9.03%	5.42%	6.04%	7.33%	6.92%
Operating Margin	4.88%	1.68%	2.97%	3.50%	2.58%
Profit Margin	3.45%	1.19%	1.78%	3.24%	3.52%
Free Cash Flow Margin	0.11%	4.45%	4.14%	1.57%	9.65%
EBITDA	25.55	13.95	21.91	28.31	23.72
EBITDA Margin	7.25%	5.39%	6.22%	6.01%	5.92%
D&A For EBITDA	8.34	9.6	11.44	11.81	13.39
EBIT	17.2	4.35	10.47	16.51	10.33
EBIT Margin	4.88%	1.68%	2.97%	3.50%	2.58%
Effective Tax Rate	27.36%	-	12.44%	5.43%	0.30%

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.