Pan-United Corporation Ltd (SGX:P52)

Pan-United Corporation Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	898.44	812.3	774.14	703.26	585.56
Other Revenue	-	0.66	0.69	0.83	2.1
Revenue	898.44	812.96	774.83	704.1	587.66
Revenue Growth (YoY)	10.51%	4.92%	10.05%	19.81%	44.67%
Cost of Revenue	684.89	636.54	613.14	570.56	477.86
Gross Profit	213.55	176.42	161.68	133.53	109.8
Selling, General & Admin	71.05	66.87	64.15	50.13	44.54
Other Operating Expenses	40.99	30.19	27.33	30.64	22.76
Operating Expenses	144.07	121.99	115.09	102.82	88.49
Operating Income	69.48	54.43	46.6	30.71	21.31
Interest Expense	-3.28	-2.98	-3.04	-2.14	-1.9
Interest & Investment Income	1.17	0.8	0.32	0.28	0.12
Earnings From Equity Investments	1.18	2.46	2.77	5.88	5.28
Currency Exchange Gain (Loss)	-0.2	-	-	-	-
Other Non Operating Income (Expenses)	-0.39	-0.47	-0.37	-0.43	-0.4
EBT Excluding Unusual Items	67.96	54.24	46.27	34.31	24.4
Impairment of Goodwill	-	-	-	-	-2.13
Gain (Loss) on Sale of Investments	-	-1.26	-	-	-
Gain (Loss) on Sale of Assets	-0.1	-0.07	-0.16	0.16	0.08
Asset Writedown	-2.29	-1.58	-0.77	-0.66	-0.2
Other Unusual Items	-	-	-	-	1.79
Pretax Income	65.57	51.33	45.33	33.81	23.95
Income Tax Expense	14.27	10.15	9.65	6.06	4.26
Earnings From Continuing Operations	51.3	41.18	35.68	27.75	19.69
Earnings From Discontinued Operations	-	-	-1.32	-4.17	-0.83
Net Income to Company	51.3	41.18	34.36	23.58	18.86
Minority Interest in Earnings	-0.59	-0.33	-0.06	-0.23	-0.17
Net Income	50.71	40.86	34.3	23.35	18.69
Net Income to Common	50.71	40.86	34.3	23.35	18.69
Net Income Growth	24.13%	19.12%	46.88%	24.96%	1703.67%
Shares Outstanding (Basic)	699	698	696	699	700
Shares Outstanding (Diluted)	700	700	697	700	700
Shares Change (YoY)	0.14%	0.38%	-0.40%	-0.05%	-0.25%
EPS (Basic)	0.07	0.06	0.05	0.03	0.03
EPS (Diluted)	0.07	0.06	0.05	0.03	0.03
EPS Growth	23.97%	18.69%	47.56%	26.24%	1689.57%
Free Cash Flow	31.99	71.73	51.55	9.16	52.03
Free Cash Flow Per Share	0.05	0.10	0.07	0.01	0.07
Dividend Per Share	0.045	0.030	0.023	0.018	0.016
Dividend Growth	50.00%	30.44%	27.78%	12.50%	100.00%
Gross Margin	23.77%	21.70%	20.87%	18.96%	18.68%
Operating Margin	7.73%	6.69%	6.01%	4.36%	3.63%
Profit Margin	5.64%	5.03%	4.43%	3.32%	3.18%
Free Cash Flow Margin	3.56%	8.82%	6.65%	1.30%	8.85%
EBITDA	102.03	67.13	59.45	45.52	36.71
EBITDA Margin	11.36%	8.26%	7.67%	6.46%	6.25%
D&A For EBITDA	32.56	12.7	12.85	14.81	15.4
EBIT	69.48	54.43	46.6	30.71	21.31
EBIT Margin	7.73%	6.69%	6.01%	4.36%	3.63%
Effective Tax Rate	21.76%	19.78%	21.29%	17.92%	17.78%

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