Grand Venture Technology Limited (SGX:JLB)

Grand Venture Technology Income Statement

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

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.