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	Mar 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	100.95	100.95	89.79	77.49	75.32	88.04
Revenue Growth (YoY)	12.44%	12.44%	15.87%	2.88%	-14.45%	-1.95%
Cost of Revenue	32.72	32.72	31.52	27.69	25.89	32
Gross Profit	68.23	68.23	58.27	49.8	49.43	56.04
Selling, General & Admin	56.3	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	57.57	57.57	51.47	49.69	49.05	53.66
Operating Income	10.66	10.66	6.8	0.12	0.38	2.39
Interest Expense	-1.09	-1.09	-0.71	-0.6	-0.68	-0.96
Interest & Investment Income	1.08	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)	1.22	1.22	1.17	2.81	1.83	0.74
EBT Excluding Unusual Items	11.68	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	12.5	12.5	7.66	6.26	9.98	1.72
Income Tax Expense	2.83	2.83	1.51	0.58	1.24	0.87
Net Income	9.67	9.67	6.15	5.68	8.74	0.85
Net Income to Common	9.67	9.67	6.15	5.68	8.74	0.85
Net Income Growth	57.20%	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
EPS (Basic)	0.08	0.08	0.05	0.05	0.07	0.01
EPS (Diluted)	0.08	0.08	0.05	0.05	0.07	0.01
EPS Growth	57.20%	57.20%	8.35%	-35.03%	929.10%	-80.41%
Free Cash Flow	25.18	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	0%	0%	0%	33.33%	0%	-50.00%
Gross Margin	67.59%	67.59%	64.90%	64.27%	65.63%	63.66%
Operating Margin	10.56%	10.56%	7.57%	0.15%	0.50%	2.71%
Profit Margin	9.58%	9.58%	6.85%	7.33%	11.60%	0.96%
Free Cash Flow Margin	24.95%	24.95%	23.51%	22.52%	35.86%	16.29%
EBITDA	13.78	13.78	10.25	4.11	5.19	7.77
EBITDA Margin	13.65%	13.65%	11.41%	5.30%	6.89%	8.82%
D&A For EBITDA	3.12	3.12	3.45	3.99	4.81	5.38
EBIT	10.66	10.66	6.8	0.12	0.38	2.39
EBIT Margin	10.56%	10.56%	7.57%	0.15%	0.50%	2.71%
Effective Tax Rate	22.67%	22.67%	19.66%	9.29%	12.44%	50.52%

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