BRC Asia Limited (SGX: BEC)

BRC Asia Income Statement

Financials in millions SGD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Revenue	1,668	1,627	1,699	1,169	612.38	913.29
Revenue Growth (YoY)	2.79%	-4.25%	45.40%	90.84%	-32.95%	61.07%
Cost of Revenue	1,507	1,488	1,546	1,087	546.23	836.72
Gross Profit	161.01	139.05	153.72	82.13	66.15	76.57
Selling, General & Admin	34.12	31.83	36.2	24.17	15.62	18.9
Other Operating Expenses	11.18	8.87	10.26	6.48	13.78	7.3
Operating Expenses	47.58	42.43	46.9	33.35	28.31	28.74
Operating Income	113.43	96.62	106.81	48.78	37.84	47.83
Interest Expense	-13.11	-12.85	-7.17	-4.7	-6.77	-9.58
Interest & Investment Income	5.22	3.74	1.83	1.33	1.39	1.04
Earnings From Equity Investments	-7.71	-6.98	2.7	1.95	-14.09	-0.85
Currency Exchange Gain (Loss)	4.44	4.44	-	5.97	1.69	-
Other Non Operating Income (Expenses)	-2.35	0.76	0.39	1.72	0.68	1.8
EBT Excluding Unusual Items	99.92	85.72	104.57	55.06	20.75	40.25
Merger & Restructuring Charges	-	-	-	-	-	-1.82
Gain (Loss) on Sale of Assets	0.13	-	-	-	0.2	-
Other Unusual Items	0.03	0.03	1.43	3.25	5.31	-
Pretax Income	105.55	91.22	107.43	58.37	26.99	38.44
Income Tax Expense	17.51	15.47	17.22	11.35	6.64	6.87
Earnings From Continuing Operations	88.04	75.75	90.22	47.03	20.35	31.56
Net Income to Company	88.04	75.75	90.22	47.03	20.35	31.56
Net Income	88.04	75.75	90.22	47.03	20.35	31.56
Net Income to Common	88.04	75.75	90.22	47.03	20.35	31.56
Net Income Growth	14.91%	-16.04%	91.84%	131.06%	-35.52%	168.61%
Shares Outstanding (Basic)	275	274	273	240	233	233
Shares Outstanding (Diluted)	275	274	273	240	233	233
Shares Change (YoY)	0.49%	0.44%	13.76%	2.91%	-	7.93%
EPS (Basic)	0.32	0.28	0.33	0.20	0.09	0.14
EPS (Diluted)	0.32	0.28	0.33	0.20	0.09	0.14
EPS Growth	14.35%	-16.40%	68.65%	124.52%	-35.52%	148.88%
Free Cash Flow	51.44	156.26	46.05	-128.1	119.56	77
Free Cash Flow Per Share	0.19	0.57	0.17	-0.53	0.51	0.33
Dividend Per Share	0.115	0.105	0.120	0.080	0.020	0.050
Dividend Growth	4.55%	-12.50%	50.00%	300.00%	-60.00%	400.00%
Gross Margin	9.65%	8.55%	9.05%	7.03%	10.80%	8.38%
Operating Margin	6.80%	5.94%	6.29%	4.17%	6.18%	5.24%
Profit Margin	5.28%	4.66%	5.31%	4.02%	3.32%	3.46%
Free Cash Flow Margin	3.08%	9.60%	2.71%	-10.96%	19.52%	8.43%
EBITDA	126.56	108.77	118.7	60.95	50.3	63.84
EBITDA Margin	7.59%	6.69%	6.99%	5.22%	8.21%	6.99%
D&A For EBITDA	13.13	12.15	11.89	12.16	12.46	16.01
EBIT	113.43	96.62	106.81	48.78	37.84	47.83
EBIT Margin	6.80%	5.94%	6.29%	4.17%	6.18%	5.24%
Effective Tax Rate	16.59%	16.96%	16.03%	19.44%	24.59%	17.88%

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