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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	109.77	148.05	63.51	25.17
Revenue Growth (YoY)	336.06%	133.12%	152.30%	-
Cost of Revenue	97.74	130.2	54.83	21.72
Gross Profit	12.03	17.85	8.68	3.45
Selling, General & Admin	6.44	6.96	3.42	0.58
Other Operating Expenses	-	-	-	0.13
Operating Expenses	6.44	6.96	3.42	1.08
Operating Income	5.59	10.89	5.27	2.37
Interest Expense	-1.49	-1.24	-0.33	-0.01
Interest & Investment Income	-	-	-	0
Currency Exchange Gain (Loss)	-	-	-	0.27
Other Non Operating Income (Expenses)	0.21	0.14	0.25	0.01
Pretax Income	4.31	9.79	5.19	2.64
Income Tax Expense	1.51	2.65	1.25	0.72
Net Income	2.79	7.15	3.94	1.92
Net Income to Common	2.79	7.15	3.94	1.92
Net Income Growth	45.69%	81.24%	105.56%	-
Shares Outstanding (Basic)	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16
EPS (Basic)	0.18	0.46	0.25	0.12
EPS (Diluted)	0.18	0.46	0.25	0.12
EPS Growth	45.69%	81.24%	105.56%	-
Free Cash Flow	-9.41	-18.91	-2.69	4.65
Free Cash Flow Per Share	-0.60	-1.20	-0.17	0.30
Gross Margin	10.96%	12.06%	13.67%	13.70%
Operating Margin	5.09%	7.36%	8.29%	9.42%
Profit Margin	2.55%	4.83%	6.21%	7.62%
Free Cash Flow Margin	-8.57%	-12.77%	-4.23%	18.49%
EBITDA	5.79	11.09	5.59	2.69
EBITDA Margin	5.27%	7.49%	8.80%	10.67%
D&A For EBITDA	0.2	0.2	0.32	0.31
EBIT	5.59	10.89	5.27	2.37
EBIT Margin	5.09%	7.36%	8.29%	9.42%
Effective Tax Rate	35.13%	27.02%	24.04%	27.42%
Revenue as Reported	109.77	148.05	63.51	-

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