QAF Limited (SGX: Q01)

QAF Limited 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	636.19	628.59	577.52	558.98	561.79	497.04
Revenue Growth (YoY)	4.52%	8.84%	3.32%	-0.50%	13.03%	-39.00%
Cost of Revenue	370.62	371.94	347.3	324.4	306.78	289.54
Gross Profit	265.58	256.65	230.22	234.58	255	207.5
Selling, General & Admin	151.19	149.11	133.16	130.37	131.87	120.11
Other Operating Expenses	47.84	45.04	51.95	40.04	37.84	35.88
Operating Expenses	226.22	219.01	213.65	204.79	203.59	187.32
Operating Income	39.36	37.64	16.57	29.79	51.41	20.17
Interest Expense	-2.08	-2.08	-1.68	-1.96	-2.58	-3.43
Earnings From Equity Investments	0.77	-8.37	2.72	4.22	5.56	6.02
Currency Exchange Gain (Loss)	2.11	-	-	-	-	-
EBT Excluding Unusual Items	40.16	27.2	17.62	32.05	54.4	22.76
Other Unusual Items	-	-	-	-3.31	-	-
Pretax Income	46.73	40.99	37.15	28.74	54.4	22.76
Income Tax Expense	11.71	13.41	11.15	6.34	12.15	4.48
Earnings From Continuing Operations	35.02	27.58	26	22.4	42.25	18.28
Earnings From Discontinued Operations	-	-	-6.34	29.86	-14.33	9.41
Net Income to Company	35.02	27.58	19.67	52.26	27.92	27.69
Minority Interest in Earnings	0.04	-0.09	-0.26	-0.18	-0.19	-0.11
Net Income	35.06	27.49	19.41	52.08	27.74	27.58
Net Income to Common	35.06	27.49	19.41	52.08	27.74	27.58
Net Income Growth	117.38%	41.61%	-62.73%	87.78%	0.57%	239.27%
Shares Outstanding (Basic)	575	575	575	575	575	575
Shares Outstanding (Diluted)	575	575	575	575	575	575
Shares Change (YoY)	-	-	-	-	-	0.76%
EPS (Basic)	0.06	0.05	0.03	0.09	0.05	0.05
EPS (Diluted)	0.06	0.05	0.03	0.09	0.05	0.05
EPS Growth	117.38%	41.61%	-62.73%	87.78%	0.57%	236.74%
Free Cash Flow	34.71	17.89	25.89	79.1	64.83	23.91
Free Cash Flow Per Share	0.06	0.03	0.05	0.14	0.11	0.04
Dividend Per Share	0.050	0.050	0.050	0.050	0.050	0.050
Gross Margin	41.74%	40.83%	39.86%	41.97%	45.39%	41.75%
Operating Margin	6.19%	5.99%	2.87%	5.33%	9.15%	4.06%
Profit Margin	5.51%	4.37%	3.36%	9.32%	4.94%	5.55%
Free Cash Flow Margin	5.46%	2.85%	4.48%	14.15%	11.54%	4.81%
EBITDA	62.81	58.78	41.52	60.51	90.84	57.23
EBITDA Margin	9.87%	9.35%	7.19%	10.82%	16.17%	11.51%
D&A For EBITDA	23.45	21.14	24.95	30.72	39.42	37.05
EBIT	39.36	37.64	16.57	29.79	51.41	20.17
EBIT Margin	6.19%	5.99%	2.87%	5.33%	9.15%	4.06%
Effective Tax Rate	25.07%	32.72%	30.00%	22.07%	22.33%	19.70%
Advertising Expenses	-	10.55	7.53	5.52	7.43	8.47

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