HRnetGroup 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	584.01	567	578.47	611.78	590.54
Revenue Growth (YoY)	3.00%	-1.98%	-5.44%	3.60%	36.37%
Cost of Revenue	461.11	444.79	439.5	437.62	415.64
Gross Profit	122.9	122.21	138.97	174.15	174.9
Selling, General & Admin	78.25	78.38	84.98	102.12	102.28
Operating Expenses	78.25	78.38	84.98	102.12	102.28
Operating Income	44.65	43.83	53.99	72.03	72.62
Interest Expense	-0.8	-0.62	-0.45	-0.42	-0.47
Interest & Investment Income	5.93	8.93	7.74	3.66	2.17
Other Non Operating Income (Expenses)	9.35	8.1	15.32	17.19	6.07
EBT Excluding Unusual Items	59.13	60.23	76.6	92.46	80.39
Gain (Loss) on Sale of Investments	3.38	-4.23	1.42	-5.7	4.4
Pretax Income	62.51	56	78.02	86.76	84.78
Income Tax Expense	9.59	9.72	11.96	14.3	14.52
Earnings From Continuing Operations	52.92	46.28	66.06	72.46	70.27
Minority Interest in Earnings	-1.73	-1.76	-2.5	-4.93	-4.78
Net Income	51.19	44.52	63.56	67.54	65.49
Net Income to Common	51.19	44.52	63.56	67.54	65.49
Net Income Growth	14.99%	-29.96%	-5.88%	3.12%	39.74%
Shares Outstanding (Basic)	983	982	987	1,001	1,003
Shares Outstanding (Diluted)	983	982	987	1,001	1,003
Shares Change (YoY)	0.09%	-0.52%	-1.43%	-0.20%	0.00%
EPS (Basic)	0.05	0.05	0.06	0.07	0.07
EPS (Diluted)	0.05	0.05	0.06	0.07	0.07
EPS Growth	14.89%	-29.60%	-4.51%	3.33%	39.79%
Free Cash Flow	52	49.43	55.4	73.7	51.3
Free Cash Flow Per Share	0.05	0.05	0.06	0.07	0.05
Dividend Per Share	0.042	0.040	0.040	0.040	0.030
Dividend Growth	5.00%	-	-	33.33%	20.00%
Gross Margin	21.04%	21.55%	24.02%	28.47%	29.62%
Operating Margin	7.65%	7.73%	9.33%	11.77%	12.30%
Profit Margin	8.77%	7.85%	10.99%	11.04%	11.09%
Free Cash Flow Margin	8.90%	8.72%	9.58%	12.05%	8.69%
EBITDA	46.4	45	54.92	73.19	73.99
EBITDA Margin	7.95%	7.94%	9.49%	11.96%	12.53%
D&A For EBITDA	1.75	1.17	0.93	1.16	1.37
EBIT	44.65	43.83	53.99	72.03	72.62
EBIT Margin	7.65%	7.73%	9.33%	11.77%	12.30%
Effective Tax Rate	15.34%	17.36%	15.32%	16.48%	17.12%

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