Food Empire Holdings Limited (SGX:F03)

Food Empire Holdings 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	576.92	476.35	425.72	398.36	320.07
Revenue Growth (YoY)	21.11%	11.89%	6.87%	24.46%	17.26%
Cost of Revenue	383.4	331.96	284.26	279.52	226.42
Gross Profit	193.52	144.39	141.45	118.84	93.66
Selling, General & Admin	100.15	81.11	70.52	66.13	68.24
Operating Expenses	100.15	81.11	70.52	66.13	68.24
Operating Income	93.37	63.28	70.93	52.72	25.42
Interest Expense	-5.87	-4.24	-3.54	-2.16	-1.45
Interest & Investment Income	4.23	3.98	4.34	0.93	0.26
Earnings From Equity Investments	1.66	-0.5	1.34	2.65	1.34
Currency Exchange Gain (Loss)	-0.93	-4.05	-1.62	3.16	-0.33
Other Non Operating Income (Expenses)	-1.24	4.01	0.53	1.14	0.43
EBT Excluding Unusual Items	91.2	62.47	71.98	58.45	25.67
Gain (Loss) on Sale of Investments	-	-	-	-1	-
Gain (Loss) on Sale of Assets	-0.39	0.05	-0.04	15.3	0.01
Asset Writedown	-	0.52	0.5	-2.04	-
Other Unusual Items	-31.27	1.6	-	-	0.63
Pretax Income	59.66	65.19	72.5	70.71	26.31
Income Tax Expense	23.7	12.32	16.04	10.64	6.97
Earnings From Continuing Operations	35.97	52.87	56.46	60.07	19.34
Minority Interest in Earnings	0.02	-0.34	0.04	0.03	0.16
Net Income	35.99	52.53	56.51	60.1	19.5
Net Income to Common	35.99	52.53	56.51	60.1	19.5
Net Income Growth	-31.48%	-7.04%	-5.97%	208.17%	-27.19%
Shares Outstanding (Basic)	547	526	526	533	535
Shares Outstanding (Diluted)	584	529	533	534	541
Shares Change (YoY)	10.37%	-0.82%	-0.05%	-1.43%	0.58%
EPS (Basic)	0.07	0.10	0.11	0.11	0.04
EPS (Diluted)	0.06	0.10	0.11	0.11	0.04
EPS Growth	-37.96%	-6.23%	-5.95%	212.77%	-27.71%
Free Cash Flow	64.84	1.09	38.07	59.03	8.12
Free Cash Flow Per Share	0.11	0.00	0.07	0.11	0.01
Dividend Per Share	0.062	0.044	0.038	0.033	0.012
Dividend Growth	41.47%	16.06%	15.44%	173.09%	-27.81%
Gross Margin	33.54%	30.31%	33.23%	29.83%	29.26%
Operating Margin	16.18%	13.29%	16.66%	13.23%	7.94%
Profit Margin	6.24%	11.03%	13.27%	15.09%	6.09%
Free Cash Flow Margin	11.24%	0.23%	8.94%	14.82%	2.54%
EBITDA	102.87	72.28	79.3	61.34	34
EBITDA Margin	17.83%	15.17%	18.63%	15.40%	10.62%
D&A For EBITDA	9.5	9	8.36	8.62	8.58
EBIT	93.37	63.28	70.93	52.72	25.42
EBIT Margin	16.18%	13.29%	16.66%	13.23%	7.94%
Effective Tax Rate	39.72%	18.90%	22.12%	15.04%	26.50%
Advertising Expenses	17.57	10.3	11.19	8.45	14.59

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