PropNex 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	1,116	782.95	838.1	1,029	957.49
Revenue Growth (YoY)	42.59%	-6.58%	-18.57%	7.49%	86.48%
Cost of Revenue	1,001	711.98	757.12	924.51	855.7
Gross Profit	115.03	70.98	80.98	104.68	101.79
Selling, General & Admin	22.14	21.77	20.18	20.84	17.96
Amortization of Goodwill & Intangibles	-	0.3	0.3	0.3	0.3
Other Operating Expenses	16.52	11.91	16.66	10.08	8.39
Operating Expenses	41.12	36.47	33.82	43.17	30.96
Operating Income	73.9	34.5	47.16	61.51	70.83
Interest Expense	-0.08	-0.03	-0.04	-0.03	-0.04
Interest & Investment Income	4.2	5.63	4.49	1.18	0.37
Earnings From Equity Investments	-	-	-	-	-0.05
Currency Exchange Gain (Loss)	-	-0.03	-0.03	-0.02	-0.01
Other Non Operating Income (Expenses)	11.67	9.72	7.9	16.11	6.97
EBT Excluding Unusual Items	89.69	49.81	59.49	78.75	78.06
Gain (Loss) on Sale of Investments	-	-	-	0.33	-0.03
Gain (Loss) on Sale of Assets	-	-0.01	-0	0	0
Asset Writedown	-	-	-	-	-0
Pretax Income	89.69	49.8	59.48	79.09	78.03
Income Tax Expense	14.95	8.16	9.87	13.71	13.54
Earnings From Continuing Operations	74.74	41.65	49.61	65.37	64.49
Earnings From Discontinued Operations	-	-	-	-	0.66
Net Income to Company	74.74	41.65	49.61	65.37	65.14
Minority Interest in Earnings	-4.36	-0.72	-1.8	-3.01	-5.12
Net Income	70.38	40.92	47.81	62.36	60.03
Net Income to Common	70.38	40.92	47.81	62.36	60.03
Net Income Growth	71.98%	-14.40%	-23.34%	3.88%	106.36%
Shares Outstanding (Basic)	740	740	740	740	740
Shares Outstanding (Diluted)	740	740	740	740	740
EPS (Basic)	0.10	0.06	0.06	0.08	0.08
EPS (Diluted)	0.10	0.06	0.06	0.08	0.08
EPS Growth	71.97%	-14.40%	-23.34%	3.91%	106.36%
Free Cash Flow	90.8	37.74	57.57	51.05	82.54
Free Cash Flow Per Share	0.12	0.05	0.08	0.07	0.11
Dividend Per Share	0.095	0.052	0.060	0.068	0.063
Dividend Growth	80.95%	-12.50%	-11.11%	8.00%	127.27%
Gross Margin	10.30%	9.06%	9.66%	10.17%	10.63%
Operating Margin	6.62%	4.41%	5.63%	5.98%	7.40%
Profit Margin	6.30%	5.23%	5.70%	6.06%	6.27%
Free Cash Flow Margin	8.13%	4.82%	6.87%	4.96%	8.62%
EBITDA	74.36	35.3	48.35	62.82	72.16
EBITDA Margin	6.66%	4.51%	5.77%	6.10%	7.54%
D&A For EBITDA	0.46	0.8	1.19	1.31	1.33
EBIT	73.9	34.5	47.16	61.51	70.83
EBIT Margin	6.62%	4.41%	5.63%	5.98%	7.40%
Effective Tax Rate	16.67%	16.38%	16.60%	17.34%	17.36%

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