Old Chang Kee Ltd. (SGX: 5ML)

Old Chang Kee Income Statement

Financials in millions SGD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	102.54	100.95	89.79	77.49	75.32	88.04
Revenue Growth (YoY)	6.41%	12.44%	15.87%	2.88%	-14.45%	-1.95%
Cost of Revenue	31.69	32.72	31.52	27.69	25.89	32
Gross Profit	70.86	68.23	58.27	49.8	49.43	56.04
Selling, General & Admin	57.63	56.3	49.97	48.28	47.56	50.74
Other Operating Expenses	1.27	1.27	1.5	1.41	1.49	2.92
Operating Expenses	58.89	57.57	51.47	49.69	49.05	53.66
Operating Income	11.96	10.66	6.8	0.12	0.38	2.39
Interest Expense	-1.21	-1.09	-0.71	-0.6	-0.68	-0.96
Interest & Investment Income	1.28	1.08	0.41	0.04	0.05	0.11
Earnings From Equity Investments	-	-	-	-	-	-0.16
Currency Exchange Gain (Loss)	-0.2	-0.2	-0.47	-0.01	0.15	-0.17
Other Non Operating Income (Expenses)	1.65	1.22	1.17	2.81	1.83	0.74
EBT Excluding Unusual Items	13.49	11.68	7.21	2.36	1.72	1.94
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.07
Gain (Loss) on Sale of Assets	0.01	0.01	0.13	0.11	0.19	0.01
Asset Writedown	-0.32	-0.32	-0.26	-0.39	-0.61	-0.6
Other Unusual Items	1.04	1.04	0.53	4.1	8.6	0.43
Pretax Income	14.31	12.5	7.66	6.26	9.98	1.72
Income Tax Expense	2.8	2.83	1.51	0.58	1.24	0.87
Net Income	11.51	9.67	6.15	5.68	8.74	0.85
Net Income to Common	11.51	9.67	6.15	5.68	8.74	0.85
Net Income Growth	45.56%	57.20%	8.35%	-35.03%	928.98%	-80.43%
Shares Outstanding (Basic)	121	121	121	121	121	121
Shares Outstanding (Diluted)	121	121	121	121	121	121
Shares Change (YoY)	0.08%	-	-	-	-	-
EPS (Basic)	0.09	0.08	0.05	0.05	0.07	0.01
EPS (Diluted)	0.09	0.08	0.05	0.05	0.07	0.01
EPS Growth	45.44%	57.20%	8.35%	-35.03%	929.10%	-80.41%
Free Cash Flow	25.11	25.18	21.1	17.45	27.01	14.34
Free Cash Flow Per Share	0.21	0.21	0.17	0.14	0.22	0.12
Dividend Per Share	0.020	0.020	0.020	0.020	0.015	0.015
Dividend Growth	100.00%	0%	0%	33.33%	0%	-50.00%
Gross Margin	69.10%	67.59%	64.90%	64.27%	65.63%	63.66%
Operating Margin	11.67%	10.56%	7.57%	0.15%	0.50%	2.71%
Profit Margin	11.22%	9.58%	6.85%	7.33%	11.60%	0.96%
Free Cash Flow Margin	24.49%	24.95%	23.51%	22.52%	35.86%	16.29%
EBITDA	14.96	13.78	10.25	4.11	5.19	7.77
EBITDA Margin	14.59%	13.65%	11.41%	5.30%	6.89%	8.82%
D&A For EBITDA	3	3.12	3.45	3.99	4.81	5.38
EBIT	11.96	10.66	6.8	0.12	0.38	2.39
EBIT Margin	11.67%	10.56%	7.57%	0.15%	0.50%	2.71%
Effective Tax Rate	19.56%	22.67%	19.66%	9.29%	12.44%	50.52%

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