Far East Orchard Limited (SGX: O10)

Far East Orchard Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	190.09	183.62	140.97	106.83	112.22	156.06
Revenue Growth (YoY)	13.03%	30.26%	31.96%	-4.80%	-28.10%	3.41%
Cost of Revenue	97.74	100.14	71.01	60.29	68.78	88.25
Gross Profit	92.34	83.48	69.96	46.54	43.44	67.81
Selling, General & Admin	54.78	50.81	48.35	42.47	39.57	45.04
Operating Expenses	54.78	50.81	48.35	42.47	39.57	45.04
Operating Income	37.56	32.66	21.6	4.07	3.87	22.78
Interest Expense	-44.58	-41.17	-22.59	-16.69	-16.97	-16.87
Interest & Investment Income	7.06	6.8	2.56	1.05	2.56	4.34
Earnings From Equity Investments	17.86	11.22	23.72	-12.75	-5.47	6.38
Currency Exchange Gain (Loss)	5.28	3.79	-11.86	-5.35	11.55	-1.92
Other Non Operating Income (Expenses)	10.47	8.46	2.21	0.62	0.92	0.16
EBT Excluding Unusual Items	33.65	21.76	15.64	-29.05	-3.53	14.87
Impairment of Goodwill	-	-	-5.11	-	-8.84	-
Gain (Loss) on Sale of Investments	-	-	-0.03	-	-	-
Gain (Loss) on Sale of Assets	-0.06	-0.06	7.46	1.39	0.01	-1.73
Asset Writedown	58.64	58.67	4.9	43.7	1.04	16.79
Other Unusual Items	0.56	0	0.05	13.04	7.96	-
Pretax Income	92.8	80.37	22.9	29.08	-3.36	29.93
Income Tax Expense	14.7	14.31	1.42	12.3	5.55	4.15
Earnings From Continuing Operations	78.09	66.06	21.48	16.77	-8.91	25.78
Minority Interest in Earnings	-2.12	-0.12	0.44	11.35	10.45	0.25
Net Income	75.97	65.95	21.92	28.13	1.54	26.03
Net Income to Common	75.97	65.95	21.92	28.13	1.54	26.03
Net Income Growth	243.97%	200.88%	-22.07%	1728.80%	-94.09%	-20.97%
Shares Outstanding (Basic)	488	481	470	460	444	438
Shares Outstanding (Diluted)	488	481	470	460	444	438
Shares Change (YoY)	2.83%	2.49%	2.13%	3.61%	1.40%	1.55%
EPS (Basic)	0.16	0.14	0.05	0.06	0.00	0.06
EPS (Diluted)	0.16	0.14	0.05	0.06	0.00	0.06
EPS Growth	234.51%	193.58%	-23.70%	1665.36%	-94.17%	-22.17%
Free Cash Flow	41.77	56.21	36.18	6.57	17.68	30.96
Free Cash Flow Per Share	0.09	0.12	0.08	0.01	0.04	0.07
Dividend Per Share	0.040	0.040	0.030	0.030	0.030	0.060
Dividend Growth	33.33%	33.33%	0%	0%	-50.00%	0%
Gross Margin	48.58%	45.46%	49.62%	43.57%	38.71%	43.45%
Operating Margin	19.76%	17.79%	15.32%	3.81%	3.45%	14.59%
Profit Margin	39.97%	35.91%	15.55%	26.33%	1.37%	16.68%
Free Cash Flow Margin	21.97%	30.61%	25.67%	6.15%	15.75%	19.84%
EBITDA	48.04	43.42	33.11	15.4	14.84	34.79
EBITDA Margin	25.27%	23.64%	23.49%	14.41%	13.22%	22.29%
D&A For EBITDA	10.48	10.75	11.51	11.33	10.97	12.01
EBIT	37.56	32.66	21.6	4.07	3.87	22.78
EBIT Margin	19.76%	17.79%	15.32%	3.81%	3.45%	14.59%
Effective Tax Rate	15.85%	17.81%	6.20%	42.31%	-	13.87%

Source: S&P Capital IQ. Standard template. Financial Sources.