ISDN Holdings Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	440.18	372.44	341.77	370.78	440.14
Revenue Growth (YoY)	18.19%	8.98%	-7.83%	-15.76%	21.63%
Cost of Revenue	337.33	279.03	251.45	266.29	321.08
Gross Profit	102.86	93.41	90.32	104.49	119.06
Selling, General & Admin	74.61	71.54	66.71	67.84	72.37
Other Operating Expenses	-3.4	-3.11	-4.27	-2.88	-3.87
Operating Expenses	71.34	68.51	64.18	64.66	70.22
Operating Income	31.51	24.9	26.15	39.83	48.84
Interest Expense	-5.25	-5.47	-4.39	-3.49	-1.48
Interest & Investment Income	0.23	0.33	0.34	0.4	0.37
Earnings From Equity Investments	-0.27	-0.62	-0.67	1.16	1.1
Currency Exchange Gain (Loss)	-5.15	0.3	-2.53	-5.9	2.21
EBT Excluding Unusual Items	21.07	19.45	18.9	32	51.05
Gain (Loss) on Sale of Investments	-	-0.04	-	-	-0.7
Gain (Loss) on Sale of Assets	-0.01	0.23	0.01	0.02	2.21
Asset Writedown	-0	-0.01	-0.03	-	-0.09
Other Unusual Items	0.02	0.03	-	-	0.01
Pretax Income	21.07	19.65	18.87	32.03	52.47
Income Tax Expense	7.49	5.69	7.7	8.95	13.41
Earnings From Continuing Operations	13.58	13.97	11.17	23.08	39.06
Minority Interest in Earnings	-6.83	-5.44	-6.22	-8.46	-13.58
Net Income	6.76	8.52	4.95	14.62	25.49
Net Income to Common	6.76	8.52	4.95	14.62	25.49
Net Income Growth	-20.72%	72.09%	-66.13%	-42.63%	68.34%
Shares Outstanding (Basic)	450	447	443	439	436
Shares Outstanding (Diluted)	450	447	443	439	436
Shares Change (YoY)	0.76%	1.00%	0.88%	0.49%	1.14%
EPS (Basic)	0.02	0.02	0.01	0.03	0.06
EPS (Diluted)	0.01	0.02	0.01	0.03	0.06
EPS Growth	-21.33%	70.40%	-66.40%	-42.97%	66.44%
Free Cash Flow	14.75	10.86	-28.51	20.71	1.82
Free Cash Flow Per Share	0.03	0.02	-0.06	0.05	0.00
Dividend Per Share	0.005	0.005	0.003	0.008	0.015
Dividend Growth	12.77%	67.86%	-65.00%	-44.83%	81.25%
Gross Margin	23.37%	25.08%	26.43%	28.18%	27.05%
Operating Margin	7.16%	6.69%	7.65%	10.74%	11.10%
Profit Margin	1.54%	2.29%	1.45%	3.94%	5.79%
Free Cash Flow Margin	3.35%	2.92%	-8.34%	5.59%	0.41%
EBITDA	38.76	31.46	31.72	44.7	53.62
EBITDA Margin	8.81%	8.45%	9.28%	12.05%	12.18%
D&A For EBITDA	7.25	6.55	5.58	4.87	4.78
EBIT	31.51	24.9	26.15	39.83	48.84
EBIT Margin	7.16%	6.69%	7.65%	10.74%	11.10%
Effective Tax Rate	35.55%	28.95%	40.80%	27.94%	25.55%

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