SUTL Enterprise 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
Operating Revenue	40.16	39.62	40.11	38.13	31.88	27.04
Revenue	40.16	39.62	40.11	38.13	31.88	27.04
Revenue Growth (YoY)	-1.49%	-1.23%	5.19%	19.60%	17.93%	-15.01%
Cost of Revenue	9.5	9.19	8.92	8.29	5.68	4.7
Gross Profit	30.66	30.43	31.19	29.84	26.21	22.34
Selling, General & Admin	14.09	13.65	14.03	13.03	11.47	10.55
Other Operating Expenses	2.42	2.28	3.67	3.05	4.35	1.04
Operating Expenses	22.82	22.15	23.77	22.1	21.49	18.42
Operating Income	7.84	8.28	7.42	7.74	4.71	3.92
Interest Expense	-0.13	-0.23	-0.24	-0.29	-0.22	-0.21
Interest & Investment Income	2.05	2.05	1.83	0.54	0.16	0.28
Currency Exchange Gain (Loss)	0.45	0.45	-	-	-	-
Other Non Operating Income (Expenses)	-0.18	-0.18	0.67	0.11	-0.15	-0.15
EBT Excluding Unusual Items	10.04	10.37	9.68	8.1	4.5	3.83
Gain (Loss) on Sale of Assets	0.44	0.44	-	-	-	-
Asset Writedown	-	-	-	-	-	-1.02
Other Unusual Items	-	-	-	-	-	0.54
Pretax Income	10.47	10.81	9.68	8.1	4.5	3.62
Income Tax Expense	2.28	2.4	2.2	1.16	1.52	1.22
Earnings From Continuing Operations	8.19	8.4	7.48	6.95	2.98	2.41
Net Income to Company	8.19	8.4	7.48	6.95	2.98	2.41
Minority Interest in Earnings	0.02	0.12	0.61	0.57	1.94	0.78
Net Income	8.21	8.53	8.09	7.52	4.92	3.18
Net Income to Common	8.21	8.53	8.09	7.52	4.92	3.18
Net Income Growth	4.17%	5.36%	7.59%	52.81%	54.55%	28.18%
Shares Outstanding (Basic)	89	88	87	86	86	86
Shares Outstanding (Diluted)	89	89	87	86	86	86
Shares Change (YoY)	1.24%	1.68%	1.15%	0.15%	-0.48%	-0.08%
EPS (Basic)	0.09	0.10	0.09	0.09	0.06	0.04
EPS (Diluted)	0.09	0.10	0.09	0.09	0.06	0.04
EPS Growth	2.99%	3.66%	6.41%	52.63%	55.17%	28.44%
Free Cash Flow	6.26	5.34	8.85	10.22	5.74	2.9
Free Cash Flow Per Share	0.07	0.06	0.10	0.12	0.07	0.03
Dividend Per Share	0.050	0.050	0.050	0.050	0.020	0.020
Dividend Growth	-	-	-	150.00%	-	-
Gross Margin	76.35%	76.81%	77.76%	78.26%	82.19%	82.63%
Operating Margin	19.53%	20.90%	18.51%	20.30%	14.78%	14.48%
Profit Margin	20.46%	21.52%	20.17%	19.72%	15.43%	11.78%
Free Cash Flow Margin	15.60%	13.47%	22.06%	26.81%	18.02%	10.71%
EBITDA	13.68	13.97	13	13.33	10.36	10.02
EBITDA Margin	34.07%	35.26%	32.40%	34.96%	32.48%	37.05%
D&A For EBITDA	5.84	5.69	5.58	5.59	5.64	6.1
EBIT	7.84	8.28	7.42	7.74	4.71	3.92
EBIT Margin	19.53%	20.90%	18.51%	20.30%	14.78%	14.48%
Effective Tax Rate	21.78%	22.24%	22.71%	14.27%	33.83%	33.58%
Advertising Expenses	-	0.8	0.96	0.9	0.52	0.66

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