APEX Global Solutions Limited (APEX)

APEX Global Solutions Income Statement

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

Year Ending	Dec 31, 2024	Dec 31, 2023
Revenue	8.7	8
Revenue Growth (YoY)	8.69%	-
Cost of Revenue	4.36	4.95
Gross Profit	4.33	3.05
Selling, General & Admin	2.79	2.76
Operating Expenses	2.79	2.76
Operating Income	1.54	0.29
Interest Expense / Income	0.32	0.26
Other Expense / Income	-0.19	-0.07
Pretax Income	1.41	0.1
Income Tax	0.04	-0.01
Net Income	1.37	0.1
Net Income Growth	1218.52%	-
Free Cash Flow	1.4	-0.08
Gross Margin	49.82%	38.07%
Operating Margin	17.73%	3.56%
Profit Margin	15.72%	1.30%
Free Cash Flow Margin	16.11%	-1.02%
Effective Tax Rate	2.75%	-8.37%
EBITDA	2.22	0.88
EBITDA Margin	25.57%	10.98%
Depreciation & Amortization	0.49	0.52
EBIT	1.73	0.36
EBIT Margin	19.88%	4.47%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).