SGXC:TAP Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	26.97	18.94	14.33	6.87
Revenue Growth (YoY)	42.40%	32.19%	108.56%	-
Cost of Revenue	6.46	3.2	2.39	1.24
Gross Profit	20.51	15.74	11.94	5.63
Selling, General & Admin	5.54	3.59	2.88	1.78
Other Operating Expenses	-0.04	-0.07	0.02	-0.08
Operating Expenses	5.5	3.52	2.9	1.7
Operating Income	15.01	12.23	9.04	3.94
Interest Expense	-2.29	-1.38	-1.19	-0.45
Interest & Investment Income	0	0.01	0.01	-
Earnings From Equity Investments	0.2	-0.07	-	-
Other Non Operating Income (Expenses)	-0.08	-	-	-
EBT Excluding Unusual Items	12.84	10.78	7.86	3.48
Gain (Loss) on Sale of Investments	0.44	1.91	-0.12	-
Gain (Loss) on Sale of Assets	-0.2	0.03	-	-
Asset Writedown	-4.71	-5.61	-8.81	-3.04
Pretax Income	8.37	7.11	-1.07	0.44
Income Tax Expense	1.76	0.9	-0.17	0.11
Earnings From Continuing Operations	6.62	6.22	-0.9	0.34
Minority Interest in Earnings	0	0	0	-
Net Income	6.62	6.22	-0.9	0.34
Net Income to Common	6.62	6.22	-0.9	0.34
Net Income Growth	6.39%	-	-	-
Shares Outstanding (Basic)	315	276	-	-
Shares Outstanding (Diluted)	315	276	-	-
Shares Change (YoY)	14.07%	-	-	-
EPS (Basic)	0.02	0.02	-	-
EPS (Diluted)	0.02	0.02	-	-
EPS Growth	-6.73%	-	-	-
Free Cash Flow	15.43	12.57	8.99	4.56
Free Cash Flow Per Share	0.05	0.04	-	-
Gross Margin	76.04%	83.11%	83.33%	81.99%
Operating Margin	55.65%	64.55%	63.12%	57.29%
Profit Margin	24.54%	32.84%	-6.28%	4.91%
Free Cash Flow Margin	57.20%	66.37%	62.75%	66.36%
EBITDA	15.29	12.33	9.14	4.01
EBITDA Margin	56.70%	65.08%	63.76%	58.31%
D&A For EBITDA	0.28	0.1	0.09	0.07
EBIT	15.01	12.23	9.04	3.94
EBIT Margin	55.65%	64.55%	63.12%	57.29%
Effective Tax Rate	20.98%	12.60%	-	24.17%

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