UltraGreen.ai Limited (SGX:ULG)

UltraGreen.ai Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	126.55	114.71	72.03	49.2
Revenue Growth (YoY)	157.21%	59.26%	46.39%	-
Cost of Revenue	19.27	18.07	15.25	12.04
Gross Profit	107.28	96.64	56.78	37.16
Selling, General & Admin	33.4	30.3	18.29	13.37
Operating Expenses	33.4	30.3	18.29	13.37
Operating Income	73.88	66.34	38.48	23.79
Interest Expense	-0.1	-0.07	-0.15	-0
Interest & Investment Income	0.21	0.21	0.06	0.01
Earnings From Equity Investments	-1.04	-1.13	-0.43	-
Currency Exchange Gain (Loss)	-5.84	1.51	-0.06	0.75
Other Non Operating Income (Expenses)	-0.06	-0.09	-0.04	0.55
Pretax Income	65.61	66.77	37.86	25.1
Income Tax Expense	11.76	10.82	4.84	1.56
Net Income	53.84	55.96	33.03	23.54
Net Income to Common	53.84	55.96	33.03	23.54
Net Income Growth	128.77%	69.43%	40.32%	-
Shares Outstanding (Basic)	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0
EPS (Basic)	769.21	799.38	471.81	336.24
EPS (Diluted)	769.21	799.38	471.81	336.24
EPS Growth	128.77%	69.43%	40.32%	-
Free Cash Flow	59.28	52.71	25.26	23.65
Free Cash Flow Per Share	846.85	752.97	360.90	337.90
Dividend Per Share	728.571	228.571	164.286	91.857
Dividend Growth	693.16%	39.13%	78.85%	-
Gross Margin	84.78%	84.25%	78.83%	75.53%
Operating Margin	58.38%	57.83%	53.43%	48.36%
Profit Margin	42.55%	48.78%	45.85%	47.84%
Free Cash Flow Margin	46.84%	45.95%	35.07%	48.08%
EBITDA	79.19	71.68	42.61	26.98
EBITDA Margin	62.58%	62.49%	59.15%	54.83%
D&A For EBITDA	5.31	5.34	4.12	3.18
EBIT	73.88	66.34	38.48	23.79
EBIT Margin	58.38%	57.83%	53.43%	48.36%
Effective Tax Rate	17.93%	16.20%	12.78%	6.22%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.