Rectitude Holdings Ltd (RECT)

Rectitude Holdings Income Statement

Financials in millions SGD. Fiscal year is April - March.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue	41.35	37.64	29.81
Revenue Growth (YoY)	9.86%	26.26%	-
Cost of Revenue	26.99	25.8	21.31
Gross Profit	14.36	11.85	8.5
Selling, General & Admin	10.12	6.98	5.91
Research & Development	0.08	0.08	0.09
Operating Expenses	10.2	7.06	6
Operating Income	4.16	4.78	2.5
Interest Expense	-0.21	-0.14	-0.12
Currency Exchange Gain (Loss)	0.02	0	0
Other Non Operating Income (Expenses)	0.17	0.1	0.13
EBT Excluding Unusual Items	4.14	4.74	2.52
Gain (Loss) on Sale of Assets	0.01	0	-0
Other Unusual Items	0.01	0.05	-
Pretax Income	4.15	4.8	2.52
Income Tax Expense	0.79	0.87	0.44
Net Income	3.36	3.93	2.08
Net Income to Common	3.36	3.93	2.08
Net Income Growth	-14.55%	89.06%	-
Shares Outstanding (Basic)	13	13	13
Shares Outstanding (Diluted)	13	13	13
EPS (Basic)	0.27	0.31	0.17
EPS (Diluted)	0.27	0.31	0.17
EPS Growth	-14.55%	89.06%	-
Free Cash Flow	3.96	3.59	1.13
Free Cash Flow Per Share	0.32	0.29	0.09
Gross Margin	34.73%	31.47%	28.52%
Operating Margin	10.07%	12.71%	8.40%
Profit Margin	8.11%	10.43%	6.97%
Free Cash Flow Margin	9.59%	9.55%	3.80%
EBITDA	4.7	5.32	3.04
EBITDA Margin	11.36%	14.14%	10.18%
D&A For EBITDA	0.54	0.54	0.53
EBIT	4.16	4.78	2.5
EBIT Margin	10.07%	12.71%	8.40%
Effective Tax Rate	19.10%	18.14%	17.45%
Advertising Expenses	0.85	0.37	0.2

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