Founder Group Limited (FGL)

Founder Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	148.05	148.05	63.51	25.17
Revenue Growth (YoY)	-	133.12%	152.30%	-
Cost of Revenue	130.2	130.2	54.83	21.72
Gross Profit	17.85	17.85	8.68	3.45
Selling, General & Admin	6.96	6.96	3.42	0.58
Other Operating Expenses	-	-	-	0.13
Operating Expenses	6.96	6.96	3.42	1.08
Operating Income	10.89	10.89	5.27	2.37
Interest Expense	-1.24	-1.24	-0.33	-0.01
Interest & Investment Income	-	-	-	0
Currency Exchange Gain (Loss)	-	-	-	0.27
Other Non Operating Income (Expenses)	0.14	0.14	0.25	0.01
Pretax Income	9.79	9.79	5.19	2.64
Income Tax Expense	2.65	2.65	1.25	0.72
Net Income	7.15	7.15	3.94	1.92
Net Income to Common	7.15	7.15	3.94	1.92
Net Income Growth	-	81.24%	105.56%	-
Shares Outstanding (Basic)	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16
EPS (Basic)	0.46	0.46	0.25	0.12
EPS (Diluted)	0.46	0.46	0.25	0.12
EPS Growth	-	81.24%	105.56%	-
Free Cash Flow	-18.91	-18.91	-2.69	4.65
Free Cash Flow Per Share	-1.20	-1.20	-0.17	0.30
Gross Margin	12.06%	12.06%	13.67%	13.70%
Operating Margin	7.36%	7.36%	8.29%	9.42%
Profit Margin	4.83%	4.83%	6.21%	7.62%
Free Cash Flow Margin	-12.77%	-12.77%	-4.23%	18.49%
EBITDA	11.09	11.09	5.59	2.69
EBITDA Margin	7.49%	7.49%	8.80%	10.67%
D&A For EBITDA	0.2	0.2	0.32	0.31
EBIT	10.89	10.89	5.27	2.37
EBIT Margin	7.36%	7.36%	8.29%	9.42%
Effective Tax Rate	27.02%	27.02%	24.04%	27.42%
Revenue as Reported	148.05	148.05	63.51	-

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