Far East Group Limited (SGX: 5TJ)

Far East Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	86.89	79.56	104.18	83.09	54.57	70.61
Revenue Growth (YoY)	-6.49%	-23.64%	25.39%	52.25%	-22.72%	73.12%
Cost of Revenue	71.55	66.14	83.23	66.23	44.66	51.93
Gross Profit	15.34	13.42	20.95	16.86	9.91	18.68
Selling, General & Admin	16.71	16.91	18.31	17.92	17.14	20.93
Other Operating Expenses	-1.47	-1.7	-2	-3.02	-1.48	-2.35
Operating Expenses	14.48	15.42	16.92	15.3	17.32	18.84
Operating Income	0.86	-1.99	4.03	1.56	-7.41	-0.17
Interest Expense	-2.26	-2.2	-1.59	-1.31	-1.48	-1.66
Interest & Investment Income	0.38	0.37	0.43	0.65	0.52	0.66
Earnings From Equity Investments	1.88	0.88	0.17	0.24	0.2	0.15
Currency Exchange Gain (Loss)	-0.29	-0.29	-0.63	-0.05	-0.33	-0.14
EBT Excluding Unusual Items	0.57	-3.24	2.41	1.08	-8.5	-1.16
Merger & Restructuring Charges	-	-	-	-	-	-0
Impairment of Goodwill	-	-	-	-	-0.22	-
Gain (Loss) on Sale of Investments	0.09	-0.2	-0.24	-0.17	-0.07	0.15
Gain (Loss) on Sale of Assets	-0.04	-0.04	0.02	0.06	0.04	-0
Asset Writedown	-	-	-	-	-0.07	-
Other Unusual Items	-	-	-	-	1.82	-
Pretax Income	0.61	-3.48	2.19	0.98	-6.99	-1.02
Income Tax Expense	0.35	0.37	-0.05	0.7	0.14	0.39
Earnings From Continuing Operations	0.27	-3.85	2.24	0.28	-7.14	-1.41
Minority Interest in Earnings	0.48	0.19	-0.17	-0.31	-0.04	-0.02
Net Income	0.75	-3.67	2.07	-0.03	-7.18	-1.43
Net Income to Common	0.75	-3.67	2.07	-0.03	-7.18	-1.43
Shares Outstanding (Basic)	112	111	111	111	111	111
Shares Outstanding (Diluted)	112	111	111	111	111	111
Shares Change (YoY)	-0.24%	-	-	-	0.78%	1.96%
EPS (Basic)	0.01	-0.03	0.02	-0.00	-0.06	-0.01
EPS (Diluted)	0.01	-0.03	0.02	-0.00	-0.06	-0.01
Free Cash Flow	11.03	13.66	11.52	11.77	9.03	6.57
Free Cash Flow Per Share	0.10	0.12	0.10	0.11	0.08	0.06
Dividend Per Share	-	-	0.002	0.002	0.002	0.002
Dividend Growth	-	-	11.11%	0%	0%	-94.00%
Gross Margin	17.65%	16.87%	20.11%	20.29%	18.16%	26.45%
Operating Margin	0.99%	-2.51%	3.87%	1.87%	-13.58%	-0.23%
Profit Margin	0.86%	-4.61%	1.99%	-0.04%	-13.16%	-2.02%
Free Cash Flow Margin	12.69%	17.17%	11.05%	14.16%	16.55%	9.31%
EBITDA	2.37	-0.46	5.69	3.59	-5.37	2.04
EBITDA Margin	2.73%	-0.58%	5.46%	4.31%	-9.85%	2.89%
D&A For EBITDA	1.52	1.53	1.66	2.03	2.04	2.21
EBIT	0.86	-1.99	4.03	1.56	-7.41	-0.17
EBIT Margin	0.99%	-2.51%	3.87%	1.87%	-13.58%	-0.23%
Effective Tax Rate	56.28%	-	-	71.59%	-	-

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