Founder Group Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	115.37	90.34	148.05	63.51	25.17
Revenue Growth (YoY)	5.10%	-38.98%	133.12%	152.30%	-
Cost of Revenue	105.49	84.1	130.2	54.83	21.72
Gross Profit	9.88	6.24	17.85	8.68	3.45
Selling, General & Admin	14.68	11.85	6.7	3.42	0.58
Other Operating Expenses	-	-	-	-	0.13
Operating Expenses	14.68	11.85	6.7	3.42	1.08
Operating Income	-4.8	-5.61	11.15	5.27	2.37
Interest Expense	-3.45	-2.07	-1.5	-0.33	-0.01
Interest & Investment Income	0.1	0.1	0.05	-	0
Currency Exchange Gain (Loss)	1.1	1.1	-0.01	-	0.27
Other Non Operating Income (Expenses)	1.5	0.82	0.1	0.25	0.01
Pretax Income	-5.55	-5.65	9.79	5.19	2.64
Income Tax Expense	-0.18	-0.5	2.65	1.25	0.72
Net Income	-5.37	-5.15	7.15	3.94	1.92
Net Income to Common	-5.37	-5.15	7.15	3.94	1.92
Net Income Growth	-	-	81.24%	105.56%	-
Shares Outstanding (Basic)	19	18	16	16	16
Shares Outstanding (Diluted)	19	18	16	16	16
Shares Change (YoY)	21.28%	12.52%	-	-	-
EPS (Basic)	-0.28	-0.29	0.46	0.25	0.12
EPS (Diluted)	-0.28	-0.29	0.46	0.25	0.12
EPS Growth	-	-	81.24%	105.56%	-
Free Cash Flow	-23.51	-7.39	-18.64	-2.69	4.65
Free Cash Flow Per Share	-1.24	-0.42	-1.19	-0.17	0.30
Gross Margin	8.56%	6.91%	12.06%	13.67%	13.70%
Operating Margin	-4.16%	-6.21%	7.53%	8.29%	9.42%
Profit Margin	-4.65%	-5.70%	4.83%	6.21%	7.62%
Free Cash Flow Margin	-20.38%	-8.18%	-12.59%	-4.23%	18.49%
EBITDA	-3.05	-5.03	11.36	5.59	2.69
EBITDA Margin	-2.65%	-5.56%	7.67%	8.80%	10.67%
D&A For EBITDA	1.75	0.58	0.2	0.32	0.31
EBIT	-4.8	-5.61	11.15	5.27	2.37
EBIT Margin	-4.16%	-6.21%	7.53%	8.29%	9.42%
Effective Tax Rate	-	-	27.02%	24.04%	27.42%
Revenue as Reported	115.37	90.34	148.05	63.51	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q