TMD Energy Limited (TMDE)

TMD Energy Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022
Revenue	728.1	633.08	702.1
Revenue Growth (YoY)	-	-9.83%	-
Cost of Revenue	-	620.99	688.83
Gross Profit	11.5	12.09	13.26
Selling, General & Admin	-	5.23	5.8
Other Operating Expenses	0	4.26	2.97
Operating Expenses	-	9.49	8.78
Operating Income	1.02	2.6	4.49
Interest Expense / Income	3.03	2.19	1.97
Other Expense / Income	-5.26	-3.32	-0.7
Pretax Income	2.56	2.77	2.36
Income Tax	0.7	0.77	-0.01
Net Income	2.55	2.96	3.23
Net Income Common	1.86	2	2.37
Net Income Growth	-	-15.89%	-
Free Cash Flow	-48.08	-2.5	-6.09
Gross Margin	1.58%	1.91%	1.89%
Operating Margin	0.14%	0.41%	0.64%
Profit Margin	0.26%	0.32%	0.34%
Free Cash Flow Margin	-6.60%	-0.39%	-0.87%
Effective Tax Rate	27.26%	27.95%	-0.37%
EBITDA	10.81	10.2	8.21
EBITDA Margin	1.48%	1.61%	1.17%
Depreciation & Amortization	4.53	4.28	3.02
EBIT	6.28	5.93	5.19
EBIT Margin	0.86%	0.94%	0.74%

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