Darco Water Technologies 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	51.41	59.14	70.25	77.71	54.55
Revenue Growth (YoY)	-13.07%	-15.82%	-9.60%	42.44%	-30.14%
Cost of Revenue	45.06	47.17	60.64	64.88	47.35
Gross Profit	6.34	11.96	9.6	12.83	7.2
Selling, General & Admin	10.79	10.37	11.61	12.15	11.74
Operating Expenses	11.47	10.37	14.13	12.25	15.35
Operating Income	-5.13	1.6	-4.52	0.58	-8.15
Interest Expense	-1.28	-1.21	-0.98	-0.47	-0.77
Interest & Investment Income	0.05	0.06	0.1	0.08	0.08
Currency Exchange Gain (Loss)	0.12	-	-	0.24	0.44
Other Non Operating Income (Expenses)	0.18	0.29	-0.64	-0.32	0.45
EBT Excluding Unusual Items	-6.06	0.73	-6.04	0.11	-7.95
Gain (Loss) on Sale of Assets	0.24	0	0	0	0.03
Other Unusual Items	-	-	-	1	0.42
Pretax Income	-5.82	0.74	-6.04	1.11	-7.5
Income Tax Expense	0.04	0.2	-0.05	0.24	-0.19
Earnings From Continuing Operations	-5.86	0.53	-5.99	0.87	-7.31
Net Income to Company	-5.86	0.53	-5.99	0.87	-7.31
Minority Interest in Earnings	1.01	0.47	0.57	-0.06	0.85
Net Income	-4.85	1.01	-5.42	0.81	-6.45
Net Income to Common	-4.85	1.01	-5.42	0.81	-6.45
Shares Outstanding (Basic)	94	94	94	94	94
Shares Outstanding (Diluted)	94	94	94	94	94
EPS (Basic)	-0.05	0.01	-0.06	0.01	-0.07
EPS (Diluted)	-0.05	0.01	-0.06	0.01	-0.07
Free Cash Flow	0.82	-3.5	-8.24	-3.09	4.36
Free Cash Flow Per Share	0.01	-0.04	-0.09	-0.03	0.05
Gross Margin	12.34%	20.23%	13.67%	16.51%	13.20%
Operating Margin	-9.98%	2.70%	-6.44%	0.74%	-14.94%
Profit Margin	-9.44%	1.70%	-7.71%	1.05%	-11.83%
Free Cash Flow Margin	1.59%	-5.92%	-11.73%	-3.98%	8.00%
EBITDA	-4.32	2.4	-3.93	1.02	-7.59
EBITDA Margin	-8.40%	4.06%	-5.60%	1.32%	-13.91%
D&A For EBITDA	0.81	0.81	0.59	0.45	0.56
EBIT	-5.13	1.6	-4.52	0.58	-8.15
EBIT Margin	-9.98%	2.70%	-6.44%	0.74%	-14.94%
Effective Tax Rate	-	27.45%	-	21.60%	-

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