QAF Limited (SGX:Q01)

QAF Limited Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	632.93	636.11	628.59	577.52	558.98	561.79
Revenue Growth (YoY)	-0.51%	1.20%	8.84%	3.32%	-0.50%	13.03%
Cost of Revenue	368.31	368.84	371.94	347.3	324.4	306.78
Gross Profit	264.63	267.26	256.65	230.22	234.58	255
Selling, General & Admin	152.66	150	149.11	133.16	130.37	131.87
Other Operating Expenses	60.12	55.09	45.04	51.95	40.04	37.84
Operating Expenses	239.74	231.76	219.01	213.65	204.79	203.59
Operating Income	24.88	35.51	37.64	16.57	29.79	51.41
Interest Expense	-1.61	-2.01	-2.08	-1.68	-1.96	-2.58
Earnings From Equity Investments	4.6	4.73	-8.37	2.72	4.22	5.56
EBT Excluding Unusual Items	27.87	38.23	27.2	17.62	32.05	54.4
Asset Writedown	0.97	0.97	-	-	-	-
Other Unusual Items	-1.05	-1.05	-	-	-3.31	-
Pretax Income	34.27	44.64	40.99	37.15	28.74	54.4
Income Tax Expense	7.81	9.96	13.41	11.15	6.34	12.15
Earnings From Continuing Operations	26.46	34.68	27.58	26	22.4	42.25
Earnings From Discontinued Operations	-	-	-	-6.34	29.86	-14.33
Net Income to Company	26.46	34.68	27.58	19.67	52.26	27.92
Minority Interest in Earnings	-0.32	0.03	-0.09	-0.26	-0.18	-0.19
Net Income	26.14	34.7	27.49	19.41	52.08	27.74
Net Income to Common	26.14	34.7	27.49	19.41	52.08	27.74
Net Income Growth	-25.44%	26.27%	41.61%	-62.73%	87.78%	0.57%
Shares Outstanding (Basic)	-	575	575	575	575	575
Shares Outstanding (Diluted)	-	575	575	575	575	575
EPS (Basic)	-	0.06	0.05	0.03	0.09	0.05
EPS (Diluted)	-	0.06	0.05	0.03	0.09	0.05
EPS Growth	-	26.27%	41.61%	-62.73%	87.78%	0.57%
Free Cash Flow	47.21	45.92	17.89	25.89	79.1	64.83
Free Cash Flow Per Share	-	0.08	0.03	0.04	0.14	0.11
Dividend Per Share	0.050	0.050	0.050	0.050	0.050	0.050
Gross Margin	41.81%	42.02%	40.83%	39.86%	41.97%	45.39%
Operating Margin	3.93%	5.58%	5.99%	2.87%	5.33%	9.15%
Profit Margin	4.13%	5.46%	4.37%	3.36%	9.32%	4.94%
Free Cash Flow Margin	7.46%	7.22%	2.85%	4.48%	14.15%	11.54%
EBITDA	47.89	58.21	58.78	41.52	60.51	90.84
EBITDA Margin	7.57%	9.15%	9.35%	7.19%	10.82%	16.17%
D&A For EBITDA	23	22.7	21.14	24.95	30.72	39.42
EBIT	24.88	35.51	37.64	16.57	29.79	51.41
EBIT Margin	3.93%	5.58%	5.99%	2.87%	5.33%	9.15%
Effective Tax Rate	22.79%	22.31%	32.72%	30.00%	22.07%	22.33%
Advertising Expenses	-	9.64	10.55	7.53	5.52	7.43

Updated Aug 8, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.