Nordic Group 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	153.28	158.39	160.64	162.76	103.07
Revenue Growth (YoY)	-3.22%	-1.41%	-1.30%	57.92%	27.57%
Cost of Revenue	112.93	122.11	124.23	117.54	75.55
Gross Profit	40.36	36.28	36.41	45.22	27.51
Selling, General & Admin	16.27	15.85	17.32	22.71	14.09
Operating Expenses	16.27	15.85	17.32	22.71	14.09
Operating Income	24.09	20.44	19.09	22.51	13.42
Interest Expense	-1.52	-3.86	-3.59	-2.02	-0.57
Interest & Investment Income	0.66	1.3	0.85	0.17	0.09
Currency Exchange Gain (Loss)	-1.32	1.88	-0.97	-0.9	0.4
Other Non Operating Income (Expenses)	0.61	0.42	1.15	1.05	1.1
EBT Excluding Unusual Items	22.52	20.18	16.53	20.81	14.43
Merger & Restructuring Charges	-	-	-	-0.25	-
Gain (Loss) on Sale of Assets	-0	0.01	1.54	0.68	0.04
Other Unusual Items	-	-	1.5	1.12	-
Pretax Income	22.52	20.18	19.57	22.36	14.48
Income Tax Expense	3.5	2.67	3.6	1.51	0.6
Earnings From Continuing Operations	19.02	17.51	15.98	20.85	13.88
Minority Interest in Earnings	-	-	-	-0.18	-
Net Income	19.02	17.51	15.98	20.67	13.88
Net Income to Common	19.02	17.51	15.98	20.67	13.88
Net Income Growth	8.62%	9.61%	-22.72%	48.98%	153.12%
Shares Outstanding (Basic)	399	399	400	393	388
Shares Outstanding (Diluted)	399	399	400	393	388
Shares Change (YoY)	-0.20%	-0.09%	1.81%	1.15%	-0.54%
EPS (Basic)	0.05	0.04	0.04	0.05	0.04
EPS (Diluted)	0.05	0.04	0.04	0.05	0.04
EPS Growth	8.84%	9.71%	-24.09%	47.29%	154.51%
Free Cash Flow	29.17	16.33	10.18	34.12	9.2
Free Cash Flow Per Share	0.07	0.04	0.03	0.09	0.02
Dividend Per Share	0.019	0.018	0.016	0.021	0.014
Dividend Growth	8.57%	10.26%	-23.16%	48.99%	152.82%
Gross Margin	26.33%	22.91%	22.67%	27.78%	26.69%
Operating Margin	15.72%	12.90%	11.88%	13.83%	13.02%
Profit Margin	12.41%	11.06%	9.95%	12.70%	13.46%
Free Cash Flow Margin	19.03%	10.31%	6.33%	20.96%	8.93%
EBITDA	28.55	24.95	23.63	29.64	17.27
EBITDA Margin	18.63%	15.75%	14.71%	18.21%	16.75%
D&A For EBITDA	4.46	4.52	4.54	7.13	3.85
EBIT	24.09	20.44	19.09	22.51	13.42
EBIT Margin	15.72%	12.90%	11.88%	13.83%	13.02%
Effective Tax Rate	15.53%	13.23%	18.37%	6.76%	4.15%

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