Grand Venture Technology Limited (SGX:JLB)

Grand Venture Technology Income Statement

Financials in millions SGD. 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	185.41	159.52	111.3	131.09	116.26	61.4
Revenue Growth (YoY)	47.45%	43.32%	-15.10%	12.76%	89.34%	53.22%
Cost of Revenue	141.41	120.5	83.48	95.29	78.57	43.07
Gross Profit	44	39.02	27.82	35.8	37.69	18.33
Selling, General & Admin	26.33	23.01	16.53	16.32	13.73	10.18
Other Operating Expenses	5.99	5.79	4.6	4.75	2.54	1.83
Operating Expenses	32.33	28.8	21.13	21.08	16.27	12.01
Operating Income	11.67	10.21	6.68	14.72	21.41	6.32
Interest Expense	-3.86	-3.41	-2.35	-2.35	-1.73	-1.42
Interest & Investment Income	0.07	0.08	0.15	0.05	0.02	0.01
Currency Exchange Gain (Loss)	-0.19	0.54	-	-	0.32	-
Other Non Operating Income (Expenses)	1.43	1.61	1.58	1.46	0.85	0.52
EBT Excluding Unusual Items	9.12	9.03	6.06	13.88	20.87	5.43
Gain (Loss) on Sale of Assets	0.06	-	0.01	-	0.02	-
Other Unusual Items	-0.86	-	-	-	0.01	0.6
Pretax Income	8.31	9.03	6.08	13.88	20.9	6.03
Income Tax Expense	-1.62	-2.06	0.53	0.56	3.34	0.81
Net Income	9.93	11.09	5.54	13.33	17.56	5.22
Net Income to Common	9.93	11.09	5.54	13.33	17.56	5.22
Net Income Growth	54.02%	100.00%	-58.39%	-24.10%	236.58%	68.42%
Shares Outstanding (Basic)	339	339	339	338	299	234
Shares Outstanding (Diluted)	339	339	339	338	299	234
Shares Change (YoY)	-0.19%	-	0.39%	13.05%	27.61%	1.31%
EPS (Basic)	0.03	0.03	0.02	0.04	0.06	0.02
EPS (Diluted)	0.03	0.03	0.02	0.04	0.06	0.02
EPS Growth	54.32%	100.00%	-58.56%	-32.86%	163.75%	66.25%
Free Cash Flow	2.86	0.27	5.44	3.69	-13.16	-3.47
Free Cash Flow Per Share	0.01	0.00	0.02	0.01	-0.04	-0.01
Dividend Per Share	0.003	0.003	0.001	0.006	0.010	-
Dividend Growth	200.00%	200.00%	-83.33%	-40.00%	-	-
Gross Margin	23.73%	24.46%	24.99%	27.31%	32.42%	29.86%
Operating Margin	6.30%	6.40%	6.01%	11.23%	18.42%	10.30%
Profit Margin	5.36%	6.95%	4.98%	10.17%	15.10%	8.49%
Free Cash Flow Margin	1.54%	0.17%	4.89%	2.82%	-11.32%	-5.64%
EBITDA	26.07	22.93	18.34	25.99	28.99	11.98
EBITDA Margin	14.06%	14.38%	16.48%	19.83%	24.94%	19.51%
D&A For EBITDA	14.4	12.72	11.66	11.27	7.58	5.66
EBIT	11.67	10.21	6.68	14.72	21.41	6.32
EBIT Margin	6.30%	6.40%	6.01%	11.23%	18.42%	10.30%
Effective Tax Rate	-	-	8.74%	4.03%	15.98%	13.48%

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