LS 2 Holdings Limited (SGX:ENV)

LS 2 Holdings Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	71.81	68.6	61.43	59.91	53.83
Other Revenue	0	-	-	-	-
Revenue	71.81	68.6	61.43	59.91	53.83
Revenue Growth (YoY)	4.67%	11.67%	2.55%	11.29%	-1.48%
Cost of Revenue	53.48	52.08	49.05	48.54	45.21
Gross Profit	18.32	16.52	12.39	11.36	8.62
Selling, General & Admin	-	0.12	0.12	0.13	0.08
Other Operating Expenses	10.76	9.85	7.57	7.17	4.61
Operating Expenses	14.76	13.6	10.47	9.5	6.28
Operating Income	3.56	2.93	1.92	1.86	2.33
Interest Expense	-0.13	-0.18	-0.19	-0.28	-0.32
Interest & Investment Income	0.05	0.04	0.07	0.01	0
Earnings From Equity Investments	-0	-0	-	-	-
EBT Excluding Unusual Items	3.48	2.79	1.8	1.59	2.02
Gain (Loss) on Sale of Investments	-	-	-	-	0.02
Gain (Loss) on Sale of Assets	-	0.03	-0.05	0.05	0.01
Asset Writedown	-	-0.03	-0.01	-0	-
Other Unusual Items	-	-	-	-0.78	-
Pretax Income	3.48	2.8	1.75	0.95	2.21
Income Tax Expense	0.35	0.26	0.22	0.32	0.07
Earnings From Continuing Operations	3.13	2.54	1.52	0.64	2.14
Minority Interest in Earnings	-0.01	0.08	0.04	0.03	-
Net Income	3.12	2.62	1.56	0.67	2.14
Net Income to Common	3.12	2.62	1.56	0.67	2.14
Net Income Growth	18.83%	67.58%	133.73%	-68.66%	-70.86%
Shares Outstanding (Basic)	185	185	185	181	157
Shares Outstanding (Diluted)	185	185	185	181	157
Shares Change (YoY)	-	-	2.18%	15.13%	-
EPS (Basic)	0.02	0.01	0.01	0.00	0.01
EPS (Diluted)	0.02	0.01	0.01	0.00	0.01
EPS Growth	18.83%	67.58%	128.75%	-72.78%	-70.86%
Free Cash Flow	6.15	0.43	4.13	6.56	-1.76
Free Cash Flow Per Share	0.03	0.00	0.02	0.04	-0.01
Gross Margin	25.52%	24.09%	20.16%	18.97%	16.01%
Operating Margin	4.96%	4.26%	3.12%	3.10%	4.33%
Profit Margin	4.34%	3.82%	2.55%	1.12%	3.97%
Free Cash Flow Margin	8.57%	0.63%	6.73%	10.95%	-3.28%
EBITDA	7.56	4.21	2.97	2.61	3.92
EBITDA Margin	10.53%	6.13%	4.84%	4.36%	7.29%
D&A For EBITDA	4	1.28	1.05	0.75	1.59
EBIT	3.56	2.93	1.92	1.86	2.33
EBIT Margin	4.96%	4.26%	3.12%	3.10%	4.33%
Effective Tax Rate	10.17%	9.25%	12.75%	33.27%	3.34%

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