ISEC Healthcare Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	79.21	74.2	69.99	62.95	40.47
Revenue Growth (YoY)	6.76%	6.00%	11.18%	55.56%	11.40%
Cost of Revenue	45.85	41.53	38.96	34.19	22.59
Gross Profit	33.36	32.67	31.04	28.77	17.88
Selling, General & Admin	15.74	14.12	12.26	10.43	8.62
Other Operating Expenses	-	0.44	0.55	1.45	0.57
Operating Expenses	15.74	14.56	12.81	11.88	9.18
Operating Income	17.62	18.11	18.23	16.88	8.69
Interest Expense	-0.63	-0.6	-0.65	-0.56	-0.4
Interest & Investment Income	-	0.33	0.3	-	0.22
Earnings From Equity Investments	-	-	-	-0	-0.01
Currency Exchange Gain (Loss)	-	0.69	-0.72	-	-0.13
Other Non Operating Income (Expenses)	0.7	0.07	0.05	0.44	0.33
EBT Excluding Unusual Items	17.69	18.6	17.19	16.77	8.7
Merger & Restructuring Charges	-	-	-	-	-0.05
Impairment of Goodwill	-	-1.52	-	-	-
Asset Writedown	-	-0.01	-0.01	-	-0
Other Unusual Items	0.02	0.12	0.13	0.01	0.44
Pretax Income	17.71	17.19	17.31	16.78	9.09
Income Tax Expense	4.29	4.29	4.16	4.05	2.21
Earnings From Continuing Operations	13.42	12.89	13.15	12.73	6.88
Minority Interest in Earnings	-0.05	-0.07	-0.19	-0.21	0.03
Net Income	13.37	12.82	12.96	12.52	6.91
Net Income to Common	13.37	12.82	12.96	12.52	6.91
Net Income Growth	4.23%	-1.07%	3.54%	81.32%	47.23%
Shares Outstanding (Basic)	576	575	573	564	550
Shares Outstanding (Diluted)	576	576	573	564	550
Shares Change (YoY)	0.02%	0.38%	1.73%	2.42%	0.52%
EPS (Basic)	0.02	0.02	0.02	0.02	0.01
EPS (Diluted)	0.02	0.02	0.02	0.02	0.01
EPS Growth	4.04%	-1.33%	1.80%	77.60%	45.93%
Free Cash Flow	-0.57	5.86	13.75	12.14	11.57
Free Cash Flow Per Share	-0.00	0.01	0.02	0.02	0.02
Dividend Per Share	0.006	0.010	0.016	0.016	0.011
Dividend Growth	-42.00%	-37.89%	3.21%	48.57%	31.25%
Gross Margin	42.12%	44.03%	44.34%	45.70%	44.18%
Operating Margin	22.25%	24.40%	26.04%	26.82%	21.48%
Profit Margin	16.88%	17.28%	18.52%	19.89%	17.06%
Free Cash Flow Margin	-0.73%	7.90%	19.65%	19.28%	28.58%
EBITDA	20.03	20.28	20.22	18.58	10.31
EBITDA Margin	25.29%	27.33%	28.89%	29.52%	25.48%
D&A For EBITDA	2.41	2.17	2	1.7	1.62
EBIT	17.62	18.11	18.23	16.88	8.69
EBIT Margin	22.25%	24.40%	26.04%	26.82%	21.48%
Effective Tax Rate	24.23%	24.98%	24.05%	24.14%	24.29%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.