Grand Banks Yachts Income Statement

Financials in millions SGD. Fiscal year is July - June.

Millions SGD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Revenue	162.32	133.65	114.17	75.18	96.06
Revenue Growth (YoY)	21.45%	17.06%	51.87%	-21.74%	-6.95%
Cost of Revenue	113.85	82.93	77.39	55.21	75.37
Gross Profit	48.47	50.73	36.79	19.96	20.69
Selling, General & Admin	22.36	19.56	21.11	16.49	15.08
Other Operating Expenses	1.57	2.02	1.06	0.8	0.43
Operating Expenses	23.93	21.58	22.17	17.29	15.51
Operating Income	24.54	29.14	14.61	2.67	5.18
Interest Expense	-0.64	-0.4	-0.19	-0.23	-0.22
Interest & Investment Income	0.96	1.17	0.55	0.04	0.02
Currency Exchange Gain (Loss)	0.25	-1.57	-0.35	0.03	-0.44
Other Non Operating Income (Expenses)	-0.11	0.88	0.09	0.14	0.01
EBT Excluding Unusual Items	25	29.23	14.71	2.65	4.55
Gain (Loss) on Sale of Assets	0.45	-0.03	-	-	-
Other Unusual Items	-	-	-	0.3	1.1
Pretax Income	25.45	29.2	14.71	2.95	5.64
Income Tax Expense	7.23	7.82	4.6	-1.07	1.42
Net Income	18.22	21.38	10.11	4.01	4.23
Net Income to Common	18.22	21.38	10.11	4.01	4.23
Net Income Growth	-14.78%	111.53%	151.82%	-5.02%	300.57%
Shares Outstanding (Basic)	186	185	185	185	185
Shares Outstanding (Diluted)	190	187	185	185	185
Shares Change (YoY)	1.50%	1.17%	0.02%	0.19%	0.08%
EPS (Basic)	0.10	0.12	0.05	0.02	0.02
EPS (Diluted)	0.10	0.11	0.05	0.02	0.02
EPS Growth	-16.04%	108.97%	151.61%	-5.19%	301.61%
Free Cash Flow	12.61	4.28	8.36	-8.16	36.73
Free Cash Flow Per Share	0.07	0.02	0.04	-0.04	0.20
Dividend Per Share	0.015	0.015	0.010	0.005	0.005
Dividend Growth	-	50.00%	100.00%	-	-
Gross Margin	29.86%	37.95%	32.22%	26.55%	21.54%
Operating Margin	15.12%	21.80%	12.80%	3.56%	5.39%
Profit Margin	11.23%	16.00%	8.85%	5.34%	4.40%
Free Cash Flow Margin	7.77%	3.20%	7.32%	-10.86%	38.24%
EBITDA	29.8	34.3	19.03	7.31	10.01
EBITDA Margin	18.36%	25.66%	16.66%	9.72%	10.42%
D&A For EBITDA	5.26	5.16	4.41	4.64	4.84
EBIT	24.54	29.14	14.61	2.67	5.18
EBIT Margin	15.12%	21.80%	12.80%	3.56%	5.39%
Effective Tax Rate	28.41%	26.77%	31.29%	-	25.11%

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