SBS Transit Ltd (SGX:S61)

SBS Transit Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,560	1,527	1,515	1,311	1,231
Revenue Growth (YoY)	2.13%	0.78%	15.60%	6.49%	-14.83%
Cost of Revenue	1,274	1,265	1,258	1,078	1,042
Gross Profit	286.09	261.81	257.31	232.97	188.45
Other Operating Expenses	125.76	92.54	83.41	126.22	106.71
Operating Expenses	212.92	185.16	177.4	231.56	215.75
Operating Income	73.17	76.65	79.91	1.4	-27.3
Interest Expense	-0.73	-1.52	-1.47	-1.34	-3.25
Interest & Investment Income	11.07	12.83	4.52	0.29	0.27
EBT Excluding Unusual Items	83.51	87.97	82.96	0.36	-30.28
Other Unusual Items	-	-	-	52.15	107.29
Pretax Income	83.51	87.97	82.96	52.51	77.01
Income Tax Expense	13.2	18.9	14.94	0.87	-1.95
Net Income	70.3	69.08	68.02	51.63	78.96
Net Income to Common	70.3	69.08	68.02	51.63	78.96
Net Income Growth	1.77%	1.55%	31.74%	-34.60%	-2.87%
Shares Outstanding (Basic)	312	312	312	312	312
Shares Outstanding (Diluted)	313	312	312	312	312
Shares Change (YoY)	0.26%	0.02%	-	-	0.01%
EPS (Basic)	0.23	0.22	0.22	0.17	0.25
EPS (Diluted)	0.22	0.22	0.22	0.17	0.25
EPS Growth	1.51%	1.54%	31.73%	-34.60%	-2.88%
Free Cash Flow	21.5	59.21	171.89	191.24	132.9
Free Cash Flow Per Share	0.07	0.19	0.55	0.61	0.43
Dividend Per Share	0.203	0.112	0.109	0.082	0.063
Dividend Growth	81.63%	2.39%	32.93%	30.16%	-51.72%
Gross Margin	18.34%	17.14%	16.98%	17.77%	15.31%
Operating Margin	4.69%	5.02%	5.27%	0.11%	-2.22%
Profit Margin	4.51%	4.52%	4.49%	3.94%	6.41%
Free Cash Flow Margin	1.38%	3.88%	11.34%	14.59%	10.80%
EBITDA	160.32	159.24	161.57	95.72	68.69
EBITDA Margin	10.28%	10.43%	10.66%	7.30%	5.58%
D&A For EBITDA	87.16	82.58	81.66	94.32	95.99
EBIT	73.17	76.65	79.91	1.4	-27.3
EBIT Margin	4.69%	5.02%	5.27%	0.11%	-2.22%
Effective Tax Rate	15.81%	21.48%	18.01%	1.66%	-

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