GSH Corporation Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	130.35	125.16	156.62	86.08	95.78
Revenue Growth (YoY)	4.14%	-20.09%	81.95%	-10.13%	-20.32%
Cost of Revenue	72.57	71.89	102.02	63.35	89.51
Gross Profit	57.78	53.28	54.59	22.73	6.28
Selling, General & Admin	40.08	36.88	34.38	23.65	18.81
Other Operating Expenses	-1.15	-2.01	-2.34	9.17	-1.43
Operating Expenses	38.93	36.29	32.34	33.17	17.37
Operating Income	18.85	16.99	22.26	-10.45	-11.1
Interest Expense	-27.61	-30.57	-26.84	-20.51	-19.7
Interest & Investment Income	0.39	0.78	0.96	0.64	1.09
Currency Exchange Gain (Loss)	0.02	5.56	-4.84	-4.57	-2.33
Other Non Operating Income (Expenses)	0.35	-4.15	0.92	-	1.26
EBT Excluding Unusual Items	-8	-11.39	-7.56	-34.89	-30.78
Gain (Loss) on Sale of Investments	-	-	-	-	0.78
Gain (Loss) on Sale of Assets	-	-0.02	0.04	-0.02	0
Asset Writedown	-14.7	0.27	0.49	-	-
Other Unusual Items	-	0.03	3.89	11.68	0.01
Pretax Income	-22.7	-11.09	-3.09	-22.75	-29.97
Income Tax Expense	2.59	4.4	5.2	-1.08	-0.77
Earnings From Continuing Operations	-25.29	-15.49	-8.28	-21.67	-29.2
Minority Interest in Earnings	7.62	5.26	-2.9	3.03	8.16
Net Income	-17.67	-10.23	-11.19	-18.64	-21.04
Net Income to Common	-17.67	-10.23	-11.19	-18.64	-21.04
Shares Outstanding (Basic)	2,421	1,969	1,960	1,957	1,957
Shares Outstanding (Diluted)	2,421	1,969	1,960	1,957	1,957
Shares Change (YoY)	22.91%	0.46%	0.18%	-	-0.02%
EPS (Basic)	-0.01	-0.01	-0.01	-0.01	-0.01
EPS (Diluted)	-0.01	-0.01	-0.01	-0.01	-0.01
Free Cash Flow	30	9.8	-46.95	39.1	-122.6
Free Cash Flow Per Share	0.01	0.01	-0.02	0.02	-0.06
Dividend Per Share	0.001	-	-	-	-
Gross Margin	44.32%	42.56%	34.86%	26.40%	6.55%
Operating Margin	14.46%	13.57%	14.21%	-12.14%	-11.59%
Profit Margin	-13.56%	-8.17%	-7.14%	-21.65%	-21.96%
Free Cash Flow Margin	23.02%	7.83%	-29.98%	45.42%	-128.00%
EBITDA	34.64	31.2	32.04	-0.08	-0.34
EBITDA Margin	26.57%	24.93%	20.46%	-0.09%	-0.36%
D&A For EBITDA	15.79	14.21	9.79	10.37	10.76
EBIT	18.85	16.99	22.26	-10.45	-11.1
EBIT Margin	14.46%	13.57%	14.21%	-12.14%	-11.59%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.