First Resources Limited (SGX:EB5)

First Resources Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,255	1,039	980.59	1,225	1,032	660.43
Revenue Growth (YoY)	26.94%	5.93%	-19.98%	18.71%	56.31%	7.41%
Cost of Revenue	713.56	570.37	618.69	607.59	554.75	364.16
Gross Profit	541.86	468.38	361.9	617.84	477.53	296.27
Selling, General & Admin	99.69	88.59	97.22	92.3	86.04	81.48
Other Operating Expenses	40.01	42.78	66.62	107.66	146.5	24.78
Operating Expenses	139.7	131.37	163.84	199.96	232.54	106.26
Operating Income	402.16	337.01	198.06	417.88	244.99	190.01
Interest Expense	-19.12	-13.26	-8.11	-10.57	-14.71	-17.37
Interest & Investment Income	6.74	6.15	10.61	3.3	1.43	1.3
Currency Exchange Gain (Loss)	-1.52	2.29	-5.73	15.19	0.27	-4.6
Other Non Operating Income (Expenses)	7.46	-1.8	2.16	1.7	14.02	-11.13
EBT Excluding Unusual Items	395.72	330.38	196.99	427.51	245.99	158.21
Gain (Loss) on Sale of Investments	-	-	-	-	-	-1.37
Pretax Income	395.72	330.38	196.99	427.51	245.99	156.84
Income Tax Expense	89.37	72.28	44.55	88.39	69.55	49.45
Earnings From Continuing Operations	306.36	258.11	152.44	339.12	176.44	107.39
Minority Interest in Earnings	-15.28	-12.32	-7.04	-13.92	-15.33	-7.72
Net Income	291.08	245.79	145.4	325.2	161.11	99.67
Net Income to Common	291.08	245.79	145.4	325.2	161.11	99.67
Net Income Growth	63.64%	69.05%	-55.29%	101.85%	61.64%	11.83%
Shares Outstanding (Basic)	1,549	1,554	1,567	1,575	1,578	1,582
Shares Outstanding (Diluted)	1,549	1,554	1,567	1,575	1,578	1,582
Shares Change (YoY)	-0.85%	-0.82%	-0.51%	-0.18%	-0.25%	-0.15%
EPS (Basic)	0.19	0.16	0.09	0.21	0.10	0.06
EPS (Diluted)	0.19	0.16	0.09	0.21	0.10	0.06
EPS Growth	65.05%	70.45%	-55.06%	102.23%	62.06%	11.97%
Free Cash Flow	-22.59	66.52	-35.96	247.8	241.05	121.91
Free Cash Flow Per Share	-0.01	0.04	-0.02	0.16	0.15	0.08
Dividend Per Share	0.081	0.072	0.047	0.108	0.047	0.023
Dividend Growth	49.73%	52.87%	-56.56%	129.59%	107.52%	29.90%
Gross Margin	43.16%	45.09%	36.91%	50.42%	46.26%	44.86%
Operating Margin	32.03%	32.44%	20.20%	34.10%	23.73%	28.77%
Profit Margin	23.19%	23.66%	14.83%	26.54%	15.61%	15.09%
Free Cash Flow Margin	-1.80%	6.40%	-3.67%	20.22%	23.35%	18.46%
EBITDA	494.42	420.26	278.5	494.23	326.62	261.88
EBITDA Margin	39.38%	40.46%	28.40%	40.33%	31.64%	39.65%
D&A For EBITDA	92.25	83.25	80.45	76.34	81.64	71.87
EBIT	402.16	337.01	198.06	417.88	244.99	190.01
EBIT Margin	32.03%	32.44%	20.20%	34.10%	23.73%	28.77%
Effective Tax Rate	22.58%	21.88%	22.62%	20.68%	28.27%	31.53%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.