LS 2 Holdings Limited (SGX:ENV)

LS 2 Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	69.04	68.6	61.43	59.91	53.83	54.64
Revenue Growth (YoY)	4.71%	11.67%	2.55%	11.29%	-1.48%	11.42%
Cost of Revenue	53.16	52.08	49.05	48.54	45.21	41.73
Gross Profit	15.88	16.52	12.39	11.36	8.62	12.91
Selling, General & Admin	0.12	0.12	0.12	0.13	0.08	0.23
Other Operating Expenses	9.74	9.85	7.57	7.17	4.61	4.74
Operating Expenses	13.77	13.6	10.47	9.5	6.28	6.41
Operating Income	2.1	2.93	1.92	1.86	2.33	6.5
Interest Expense	-0.16	-0.18	-0.19	-0.28	-0.32	-0.39
Interest & Investment Income	0.05	0.04	0.07	0.01	0	0
Earnings From Equity Investments	-0	-0	-	-	-	-
EBT Excluding Unusual Items	1.99	2.79	1.8	1.59	2.02	6.11
Gain (Loss) on Sale of Investments	-	-	-	-	0.02	-
Gain (Loss) on Sale of Assets	0.03	0.03	-0.05	0.05	0.01	0
Asset Writedown	-0.03	-0.03	-0.01	-0	-	-
Other Unusual Items	-	-	-	-0.78	-	1
Pretax Income	2.01	2.8	1.75	0.95	2.21	7.24
Income Tax Expense	0.06	0.26	0.22	0.32	0.07	-0.09
Earnings From Continuing Operations	1.95	2.54	1.52	0.64	2.14	7.33
Minority Interest in Earnings	0.06	0.08	0.04	0.03	-	-
Net Income	2.01	2.62	1.56	0.67	2.14	7.33
Net Income to Common	2.01	2.62	1.56	0.67	2.14	7.33
Net Income Growth	-22.97%	67.58%	133.73%	-68.66%	-70.86%	641.73%
Shares Outstanding (Basic)	185	185	185	181	157	157
Shares Outstanding (Diluted)	185	185	185	181	157	157
Shares Change (YoY)	-	-	2.18%	15.13%	-	-15.00%
EPS (Basic)	0.01	0.01	0.01	0.00	0.01	0.05
EPS (Diluted)	0.01	0.01	0.01	0.00	0.01	0.05
EPS Growth	-22.96%	67.58%	128.75%	-72.78%	-70.86%	772.69%
Free Cash Flow	6.37	0.43	4.13	6.56	-1.76	10.54
Free Cash Flow Per Share	0.03	0.00	0.02	0.04	-0.01	0.07
Gross Margin	22.99%	24.09%	20.16%	18.97%	16.01%	23.63%
Operating Margin	3.04%	4.26%	3.12%	3.10%	4.33%	11.90%
Profit Margin	2.90%	3.82%	2.55%	1.12%	3.97%	13.42%
Free Cash Flow Margin	9.23%	0.63%	6.73%	10.95%	-3.28%	19.29%
EBITDA	3.67	4.21	2.97	2.61	3.92	7.94
EBITDA Margin	5.32%	6.13%	4.84%	4.36%	7.29%	14.54%
D&A For EBITDA	1.57	1.28	1.05	0.75	1.59	1.44
EBIT	2.1	2.93	1.92	1.86	2.33	6.5
EBIT Margin	3.04%	4.26%	3.12%	3.10%	4.33%	11.90%
Effective Tax Rate	2.79%	9.25%	12.75%	33.27%	3.34%	-

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