First Resources Limited (SGX:EB5)

First Resources Income Statement

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

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

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.