Tiong Woon Corporation Holding Ltd (SGX: BQM)

BQM Income Statement

Financials in millions SGD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	143.13	143.13	135.82	122.59	112.95	124.69
Revenue Growth (YoY)	5.39%	5.39%	10.79%	8.53%	-9.41%	6.36%
Cost of Revenue	84.16	84.16	81.67	73.25	70.51	81.68
Gross Profit	58.98	58.98	54.15	49.34	42.44	43
Selling, General & Admin	1.64	1.64	1.42	1.13	1.05	1.12
Other Operating Expenses	34.29	34.29	32.81	28.97	25.76	26.1
Operating Expenses	36.51	36.51	34.81	32.32	28.39	27.22
Operating Income	22.47	22.47	19.34	17.02	14.05	15.79
Interest Expense	-3.86	-3.86	-3.95	-2.77	-2.98	-3.54
Interest & Investment Income	-	-	1.66	0.38	0.22	0.21
Earnings From Equity Investments	-0.05	-0.05	0.14	-0.01	0.13	-0.16
Currency Exchange Gain (Loss)	-1.79	-1.79	-1.37	-0.67	-2.62	0.11
Other Non Operating Income (Expenses)	3.78	3.78	1.23	0.15	1.82	1.11
EBT Excluding Unusual Items	20.53	20.53	17.05	14.1	10.62	13.53
Gain (Loss) on Sale of Investments	-0.01	-0.01	-0.02	-0.08	-0.04	-3.77
Gain (Loss) on Sale of Assets	2.66	2.66	2.66	0.29	0.79	0.21
Asset Writedown	-	-	-	-	-	-0.23
Other Unusual Items	-	-	0.35	1.76	2.25	1.89
Pretax Income	23.19	23.19	20.28	16.39	13.83	12.23
Income Tax Expense	4.89	4.89	4.63	5.06	4.02	4.7
Earnings From Continuing Operations	18.3	18.3	15.66	11.33	9.81	7.53
Net Income to Company	18.3	18.3	15.66	11.33	9.81	7.53
Minority Interest in Earnings	-0.09	-0.09	0.04	0.06	0.06	0.05
Net Income	18.21	18.21	15.7	11.39	9.87	7.58
Net Income to Common	18.21	18.21	15.7	11.39	9.87	7.58
Net Income Growth	15.98%	15.98%	37.81%	15.38%	30.29%	157.32%
Shares Outstanding (Basic)	232	232	232	232	232	232
Shares Outstanding (Diluted)	232	232	232	232	232	232
Shares Change (YoY)	-0.03%	-0.03%	-0.14%	-	-	-0.00%
EPS (Basic)	0.08	0.08	0.07	0.05	0.04	0.03
EPS (Diluted)	0.08	0.08	0.07	0.05	0.04	0.03
EPS Growth	15.97%	15.97%	38.00%	15.38%	30.29%	157.31%
Free Cash Flow	11.51	11.51	39.93	23.75	21.09	48.55
Free Cash Flow Per Share	0.05	0.05	0.17	0.10	0.09	0.21
Dividend Per Share	0.006	0.006	0.004	0.004	0.003	0.003
Dividend Growth	50.00%	50.00%	14.29%	16.67%	0%	50.00%
Gross Margin	41.20%	41.20%	39.87%	40.25%	37.57%	34.49%
Operating Margin	15.70%	15.70%	14.24%	13.88%	12.44%	12.66%
Profit Margin	12.72%	12.72%	11.56%	9.29%	8.74%	6.08%
Free Cash Flow Margin	8.04%	8.04%	29.40%	19.37%	18.68%	38.94%
EBITDA	54.85	54.85	50.47	47.67	44.88	47.19
EBITDA Margin	38.32%	38.32%	37.16%	38.89%	39.74%	37.85%
D&A For EBITDA	32.38	32.38	31.13	30.65	30.83	31.41
EBIT	22.47	22.47	19.34	17.02	14.05	15.79
EBIT Margin	15.70%	15.70%	14.24%	13.88%	12.44%	12.66%
Effective Tax Rate	21.09%	21.09%	22.82%	30.89%	29.04%	38.41%

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