First Resources Limited (SGX:EB5)

First Resources Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,661	1,039	980.59	1,225	1,032
Revenue Growth (YoY)	59.91%	5.93%	-19.98%	18.71%	56.31%
Cost of Revenue	971.18	570.37	618.69	607.59	554.75
Gross Profit	689.9	468.38	361.9	617.84	477.53
Selling, General & Admin	129.39	88.59	97.22	92.3	86.04
Other Operating Expenses	65.89	42.78	66.62	107.66	146.5
Operating Expenses	195.28	131.37	163.84	199.96	232.54
Operating Income	494.62	337.01	198.06	417.88	244.99
Interest Expense	-38.47	-13.26	-8.11	-10.57	-14.71
Interest & Investment Income	8.83	6.15	10.61	3.3	1.43
Currency Exchange Gain (Loss)	3.29	2.29	-5.73	15.19	0.27
Other Non Operating Income (Expenses)	15.41	-1.8	2.16	1.7	14.02
EBT Excluding Unusual Items	483.68	330.38	196.99	427.51	245.99
Pretax Income	483.68	330.38	196.99	427.51	245.99
Income Tax Expense	110.12	72.28	44.55	88.39	69.55
Earnings From Continuing Operations	373.56	258.11	152.44	339.12	176.44
Earnings From Discontinued Operations	-0.95	-	-	-	-
Net Income to Company	372.6	258.11	152.44	339.12	176.44
Minority Interest in Earnings	-18.67	-12.32	-7.04	-13.92	-15.33
Net Income	353.93	245.79	145.4	325.2	161.11
Net Income to Common	353.93	245.79	145.4	325.2	161.11
Net Income Growth	44.00%	69.05%	-55.29%	101.85%	61.64%
Shares Outstanding (Basic)	1,549	1,554	1,567	1,575	1,578
Shares Outstanding (Diluted)	1,549	1,554	1,567	1,575	1,578
Shares Change (YoY)	-0.30%	-0.82%	-0.51%	-0.18%	-0.25%
EPS (Basic)	0.23	0.16	0.09	0.21	0.10
EPS (Diluted)	0.23	0.16	0.09	0.21	0.10
EPS Growth	44.02%	70.45%	-55.06%	102.23%	62.06%
Free Cash Flow	57.79	66.52	-35.96	247.8	241.05
Free Cash Flow Per Share	0.04	0.04	-0.02	0.16	0.15
Dividend Per Share	0.114	0.072	0.047	0.108	0.047
Dividend Growth	59.16%	52.87%	-56.56%	129.59%	107.52%
Gross Margin	41.53%	45.09%	36.91%	50.42%	46.26%
Operating Margin	29.78%	32.44%	20.20%	34.10%	23.73%
Profit Margin	21.31%	23.66%	14.83%	26.54%	15.61%
Free Cash Flow Margin	3.48%	6.40%	-3.67%	20.22%	23.35%
EBITDA	609.27	420.26	278.5	494.23	326.62
EBITDA Margin	36.68%	40.46%	28.40%	40.33%	31.64%
D&A For EBITDA	114.65	83.25	80.45	76.34	81.64
EBIT	494.62	337.01	198.06	417.88	244.99
EBIT Margin	29.78%	32.44%	20.20%	34.10%	23.73%
Effective Tax Rate	22.77%	21.88%	22.62%	20.68%	28.27%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.