Pan-United Corporation Ltd (SGX: P52)

Pan-United Corporation 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
Operating Revenue	798.67	774.14	703.26	585.56	405.02	768.26
Other Revenue	0.56	0.69	0.83	2.1	1.19	1.25
Revenue	799.23	774.83	704.1	587.66	406.22	769.51
Revenue Growth (YoY)	10.09%	10.05%	19.81%	44.67%	-47.21%	-11.13%
Cost of Revenue	631.18	613.14	570.56	477.86	320.19	635.37
Gross Profit	168.05	161.68	133.53	109.8	86.02	134.14
Selling, General & Admin	58.32	58.82	50.13	44.54	33.83	43.13
Other Operating Expenses	32.8	32.66	30.64	22.76	27.71	36.81
Operating Expenses	115.38	115.09	102.82	88.49	85.38	103.93
Operating Income	52.67	46.6	30.71	21.31	0.64	30.2
Interest Expense	-2.87	-3.04	-2.14	-1.9	-3.12	-4.92
Interest & Investment Income	0.32	0.32	0.28	0.12	-	-
Earnings From Equity Investments	2.4	2.77	5.88	5.28	0.29	1.07
Currency Exchange Gain (Loss)	-0.11	-	-	-	-	-
Other Non Operating Income (Expenses)	-0.37	-0.37	-0.43	-0.4	0.68	0.84
EBT Excluding Unusual Items	52.03	46.27	34.31	24.4	-1.52	27.21
Impairment of Goodwill	-	-	-	-2.13	-0.22	-
Gain (Loss) on Sale of Assets	-0.19	-0.16	0.16	0.08	0.01	-0.16
Asset Writedown	-1.35	-0.77	-0.66	-0.2	-0.46	-0.86
Other Unusual Items	-	-	-	1.79	3.92	-
Pretax Income	50.49	45.33	33.81	23.95	1.73	26.18
Income Tax Expense	10.92	9.65	6.06	4.26	0.22	5.25
Earnings From Continuing Operations	39.57	35.68	27.75	19.69	1.51	20.93
Earnings From Discontinued Operations	-0.17	-1.32	-4.17	-0.83	-	-
Net Income to Company	39.4	34.36	23.58	18.86	1.51	20.93
Minority Interest in Earnings	-0.39	-0.06	-0.23	-0.17	-0.48	-0.42
Net Income	39.01	34.3	23.35	18.69	1.04	20.51
Net Income to Common	39.01	34.3	23.35	18.69	1.04	20.51
Net Income Growth	64.33%	46.88%	24.96%	1703.67%	-94.95%	195.12%
Shares Outstanding (Basic)	695	696	699	700	702	701
Shares Outstanding (Diluted)	697	697	700	700	702	701
Shares Change (YoY)	-0.35%	-0.40%	-0.05%	-0.25%	0.11%	0.01%
EPS (Basic)	0.06	0.05	0.03	0.03	0.00	0.03
EPS (Diluted)	0.06	0.05	0.03	0.03	0.00	0.03
EPS Growth	63.95%	47.56%	26.24%	1689.57%	-94.96%	195.12%
Free Cash Flow	83.39	51.55	9.16	52.03	53.44	37.84
Free Cash Flow Per Share	0.12	0.07	0.01	0.07	0.08	0.05
Dividend Per Share	0.025	0.023	0.018	0.016	0.008	0.016
Dividend Growth	38.89%	27.78%	12.50%	100.00%	-50.00%	100.00%
Gross Margin	21.03%	20.87%	18.97%	18.68%	21.18%	17.43%
Operating Margin	6.59%	6.01%	4.36%	3.63%	0.16%	3.92%
Profit Margin	4.88%	4.43%	3.32%	3.18%	0.26%	2.67%
Free Cash Flow Margin	10.43%	6.65%	1.30%	8.85%	13.16%	4.92%
EBITDA	66.17	59.45	45.52	36.71	16.38	47.01
EBITDA Margin	8.28%	7.67%	6.46%	6.25%	4.03%	6.11%
D&A For EBITDA	13.49	12.85	14.81	15.4	15.74	16.81
EBIT	52.67	46.6	30.71	21.31	0.64	30.2
EBIT Margin	6.59%	6.01%	4.36%	3.63%	0.16%	3.92%
Effective Tax Rate	21.63%	21.29%	17.92%	17.78%	12.69%	20.05%

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