Best World International Limited (SGX: CGN)

Best World International Income Statement

Financials in millions SGD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	514.35	514.51	557.35	580.04	548.63	384.31
Revenue Growth (YoY)	-1.09%	-7.69%	-3.91%	5.72%	42.76%	49.37%
Cost of Revenue	104.98	109.19	114.59	125.92	137.54	112.15
Gross Profit	409.37	405.32	442.76	454.11	411.09	272.15
Selling, General & Admin	253.96	249.12	238.63	263.89	219.88	155.94
Other Operating Expenses	-0.06	-	-	-	4.81	0.46
Operating Expenses	253.94	249.15	238.62	263.88	224.69	156.4
Operating Income	155.44	156.17	204.14	190.23	186.41	115.75
Interest Expense	-1.57	-1.15	-0.51	-0.42	-0.46	-0.53
Interest & Investment Income	14.61	13.1	6.3	4.56	1.46	1.63
Earnings From Equity Investments	0.62	0.6	0.4	0.46	0.55	-0.21
Currency Exchange Gain (Loss)	-2.68	-3.32	-18.56	2.09	2.78	-2.25
Other Non Operating Income (Expenses)	5.91	4.82	10.04	26.04	3.28	4.03
EBT Excluding Unusual Items	172.33	170.22	201.81	222.96	194	118.42
Gain (Loss) on Sale of Investments	-2.08	-2.06	-13.56	-10.6	0.52	0.65
Gain (Loss) on Sale of Assets	0.22	0.14	0.42	-0.04	-0.01	0.28
Other Unusual Items	-	-	-0	0.01	0.02	-
Pretax Income	170.47	168.3	188.66	212.33	194.53	119.35
Income Tax Expense	49.08	47.82	52.4	58.37	59.73	29.8
Earnings From Continuing Operations	121.39	120.48	136.26	153.95	134.8	89.55
Minority Interest in Earnings	-0.79	-0.11	-	-0.26	0.4	0.07
Net Income	120.6	120.37	136.26	153.69	135.21	89.62
Net Income to Common	120.6	120.37	136.26	153.69	135.21	89.62
Net Income Growth	-6.46%	-11.66%	-11.34%	13.67%	50.86%	39.48%
Shares Outstanding (Basic)	431	434	473	544	544	546
Shares Outstanding (Diluted)	431	434	473	544	544	546
Shares Change (YoY)	-1.35%	-8.21%	-13.10%	-	-0.34%	-0.68%
EPS (Basic)	0.28	0.28	0.29	0.28	0.25	0.16
EPS (Diluted)	0.28	0.28	0.29	0.28	0.25	0.16
EPS Growth	-5.18%	-3.76%	2.03%	13.67%	51.37%	40.44%
Free Cash Flow	101.05	112.36	168.56	141.43	147.79	71.19
Free Cash Flow Per Share	0.23	0.26	0.36	0.26	0.27	0.13
Dividend Per Share	-	-	-	-	-	0.012
Dividend Growth	-	-	-	-	-	-77.78%
Gross Margin	79.59%	78.78%	79.44%	78.29%	74.93%	70.82%
Operating Margin	30.22%	30.35%	36.63%	32.80%	33.98%	30.12%
Profit Margin	23.45%	23.40%	24.45%	26.50%	24.64%	23.32%
Free Cash Flow Margin	19.65%	21.84%	30.24%	24.38%	26.94%	18.52%
EBITDA	164.48	164.11	209.28	192.63	189.01	117.85
EBITDA Margin	31.98%	31.90%	37.55%	33.21%	34.45%	30.66%
D&A For EBITDA	9.04	7.94	5.15	2.4	2.6	2.1
EBIT	155.44	156.17	204.14	190.23	186.41	115.75
EBIT Margin	30.22%	30.35%	36.63%	32.80%	33.98%	30.12%
Effective Tax Rate	28.79%	28.41%	27.78%	27.49%	30.70%	24.97%

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