NetLink NBN Trust Income Statement

Financials in millions SGD. Fiscal year is April - March.

Millions SGD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	413.43	407	411.28	403.46	377.61
Other Revenue	7.19	4.17	3.35	1.58	0.34
Revenue	420.62	411.16	414.62	405.04	377.95
Revenue Growth (YoY)	2.30%	-0.83%	2.37%	7.17%	2.04%
Cost of Revenue	84.86	75.58	73.37	73.68	63.19
Gross Profit	335.77	335.58	341.26	331.36	314.76
Other Operating Expenses	49.79	43.99	40.77	35.96	48.95
Operating Expenses	235.2	221.55	213.7	206.58	218.68
Operating Income	100.57	114.03	127.56	124.79	96.09
Interest Expense	-24.24	-22.27	-21.24	-15.57	-8.77
Currency Exchange Gain (Loss)	-	-	-	-	-0.01
Other Non Operating Income (Expenses)	-	3.54	2.45	2.37	0.23
EBT Excluding Unusual Items	76.33	95.3	108.78	111.59	87.54
Gain (Loss) on Sale of Assets	-	-	1.12	0.01	0.01
Asset Writedown	-	-3.18	-8.84	-2.38	-1.22
Other Unusual Items	-	-	-	-	0.74
Pretax Income	76.33	92.12	101.07	109.22	87.08
Income Tax Expense	-6.98	-3.24	-2.14	-0.04	-4.18
Net Income	83.31	95.35	103.21	109.25	91.26
Net Income to Common	83.31	95.35	103.21	109.25	91.26
Net Income Growth	-12.63%	-7.61%	-5.53%	19.71%	-3.74%
Shares Outstanding (Basic)	3,897	3,897	3,897	3,897	3,897
Shares Outstanding (Diluted)	3,897	3,897	3,897	3,897	3,897
EPS (Basic)	0.02	0.02	0.03	0.03	0.02
EPS (Diluted)	0.02	0.02	0.03	0.03	0.02
EPS Growth	-12.63%	-7.61%	-5.53%	19.72%	-3.74%
Free Cash Flow	160.96	123.95	164.33	197.12	184.85
Free Cash Flow Per Share	0.04	0.03	0.04	0.05	0.05
Dividend Per Share	-	0.054	0.053	0.052	0.051
Dividend Growth	-	1.13%	1.15%	2.14%	0.98%
Gross Margin	79.83%	81.62%	82.30%	81.81%	83.28%
Operating Margin	23.91%	27.73%	30.77%	30.81%	25.42%
Profit Margin	19.81%	23.19%	24.89%	26.97%	24.15%
Free Cash Flow Margin	38.27%	30.15%	39.63%	48.67%	48.91%
EBITDA	285.97	288.47	297.69	291.59	262.38
EBITDA Margin	67.99%	70.16%	71.80%	71.99%	69.42%
D&A For EBITDA	185.4	174.45	170.13	166.8	166.3
EBIT	100.57	114.03	127.56	124.79	96.09
EBIT Margin	23.91%	27.73%	30.77%	30.81%	25.42%

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