Q & M Dental Group (Singapore) Limited (SGX: QC7)

QC7 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	184.37	182.72	181.21	205.6	137.62	127.96
Revenue Growth (YoY)	3.90%	0.83%	-11.86%	49.40%	7.55%	5.92%
Cost of Revenue	131.53	132.21	134.91	135.97	93.82	93.98
Gross Profit	52.84	50.52	46.3	69.63	43.8	33.99
Selling, General & Admin	0.23	0.23	0.27	0.35	0.54	0.17
Other Operating Expenses	10.26	10.59	9.94	10.24	5.82	7.87
Operating Expenses	28.42	28.59	27.27	24.16	17.88	22.77
Operating Income	24.42	21.92	19.03	45.47	25.92	11.21
Interest Expense	-5.57	-5.66	-3.91	-3.02	-4.06	-4.41
Interest & Investment Income	0.09	0.06	0.03	0.01	0.28	0.03
Earnings From Equity Investments	0.34	-0.08	-0.54	-0.47	0.16	4.16
Currency Exchange Gain (Loss)	-0.04	-0.09	-0.01	-0.04	0.23	-0.03
Other Non Operating Income (Expenses)	1.44	-	-0.09	-0.08	-	-2.22
EBT Excluding Unusual Items	20.66	16.16	14.51	41.88	22.53	8.75
Impairment of Goodwill	-2.39	-2.39	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	4.37	-	11.61
Gain (Loss) on Sale of Assets	0.51	0.08	0.03	0.01	-0.04	0.01
Asset Writedown	-0.23	-0.18	-0.26	-0.2	-0.11	-0.31
Other Unusual Items	-	-	-	0.6	-	0.06
Pretax Income	18.56	13.66	14.28	46.65	22.37	20.12
Income Tax Expense	3.01	2.59	2.42	7.3	2.53	1.94
Earnings From Continuing Operations	15.54	11.07	11.86	39.36	19.84	18.18
Minority Interest in Earnings	0.44	0.44	-0.55	-8.89	-0.14	-0.2
Net Income	15.98	11.52	11.31	30.47	19.7	17.98
Net Income to Common	15.98	11.52	11.31	30.47	19.7	17.98
Net Income Growth	135.24%	1.84%	-62.89%	54.67%	9.55%	28.35%
Shares Outstanding (Basic)	946	946	941	944	944	943
Shares Outstanding (Diluted)	946	946	941	944	944	943
Shares Change (YoY)	0.22%	0.60%	-0.31%	-0.07%	0.17%	-0.61%
EPS (Basic)	0.02	0.01	0.01	0.03	0.02	0.02
EPS (Diluted)	0.02	0.01	0.01	0.03	0.02	0.02
EPS Growth	137.10%	1.40%	-62.83%	54.77%	9.36%	29.14%
Free Cash Flow	31.64	27.52	24.24	43	17.36	21.1
Free Cash Flow Per Share	0.03	0.03	0.03	0.05	0.02	0.02
Dividend Per Share	0.009	0.007	0.010	0.036	0.007	0.024
Dividend Growth	22.37%	-31.00%	-72.22%	380.00%	-68.09%	245.59%
Gross Margin	28.66%	27.65%	25.55%	33.87%	31.83%	26.56%
Operating Margin	13.24%	12.00%	10.50%	22.11%	18.83%	8.76%
Profit Margin	8.67%	6.30%	6.24%	14.82%	14.32%	14.05%
Free Cash Flow Margin	17.16%	15.06%	13.38%	20.91%	12.62%	16.49%
EBITDA	29.19	26.67	23.68	49.59	29.38	14.49
EBITDA Margin	15.83%	14.60%	13.07%	24.12%	21.35%	11.33%
D&A For EBITDA	4.78	4.75	4.66	4.13	3.46	3.28
EBIT	24.42	21.92	19.03	45.47	25.92	11.21
EBIT Margin	13.24%	12.00%	10.50%	22.11%	18.83%	8.76%
Effective Tax Rate	16.24%	18.96%	16.96%	15.64%	11.32%	9.65%

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