HG Metal Manufacturing Income Statement

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

Millions SGD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	173.7	157.87	149.76	152.62	142.27
Revenue Growth (YoY)	10.03%	5.42%	-1.88%	7.27%	55.16%
Cost of Revenue	148.09	135.8	136.97	132.11	113.12
Gross Profit	25.61	22.07	12.79	20.5	29.15
Selling, General & Admin	10.72	9.49	8.3	10.65	11.69
Other Operating Expenses	3.9	2.87	3.86	3.39	1.13
Operating Expenses	14.63	12.33	12.23	14.27	16.28
Operating Income	10.98	9.75	0.56	6.24	12.87
Interest Expense	-0.48	-0.62	-0.99	-1.37	-1.07
Interest & Investment Income	1.11	0.68	0.41	0.19	0.19
Currency Exchange Gain (Loss)	-	0.45	-	-	-
Other Non Operating Income (Expenses)	-	0	-0.01	-0.01	-0.02
EBT Excluding Unusual Items	11.61	10.26	-0.02	5.05	11.98
Gain (Loss) on Sale of Assets	-	0.04	0.17	0.09	0.46
Other Unusual Items	0.04	-	-	0.34	-
Pretax Income	11.65	10.31	0.15	5.47	12.43
Income Tax Expense	1.86	1.46	-0.31	0.53	1.26
Earnings From Continuing Operations	9.78	8.84	0.45	4.94	11.17
Earnings From Discontinued Operations	-	-2.53	-1.47	-5.47	-
Net Income to Company	9.78	6.31	-1.02	-0.53	11.17
Minority Interest in Earnings	-	-	-	-	0.9
Net Income	9.78	6.31	-1.02	-0.53	12.07
Net Income to Common	9.78	6.31	-1.02	-0.53	12.07
Net Income Growth	54.94%	-	-	-	1074.78%
Shares Outstanding (Basic)	275	175	132	125	127
Shares Outstanding (Diluted)	275	175	132	125	127
Shares Change (YoY)	57.21%	31.95%	5.63%	-1.52%	-0.08%
EPS (Basic)	0.04	0.04	-0.01	-0.00	0.09
EPS (Diluted)	0.04	0.04	-0.01	-0.00	0.09
EPS Growth	-1.47%	-	-	-	1075.78%
Free Cash Flow	20.39	10.58	20.65	-15.73	5.39
Free Cash Flow Per Share	0.07	0.06	0.16	-0.13	0.04
Dividend Per Share	0.020	-	-	0.025	0.040
Dividend Growth	-	-	-	-37.50%	700.00%
Gross Margin	14.74%	13.98%	8.54%	13.44%	20.49%
Operating Margin	6.32%	6.17%	0.37%	4.09%	9.05%
Profit Margin	5.63%	4.00%	-0.68%	-0.34%	8.48%
Free Cash Flow Margin	11.74%	6.70%	13.79%	-10.31%	3.79%
EBITDA	12.78	11.56	2.65	9.78	15.85
EBITDA Margin	7.36%	7.32%	1.77%	6.41%	11.14%
D&A For EBITDA	1.81	1.81	2.09	3.54	2.97
EBIT	10.98	9.75	0.56	6.24	12.87
EBIT Margin	6.32%	6.17%	0.37%	4.09%	9.05%
Effective Tax Rate	16.00%	14.21%	-	9.68%	10.15%

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