TSA Group Berhad 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	270.26	290.69	332.65	357.27	302.69	234.63
Revenue Growth (YoY)	-8.96%	-12.61%	-6.89%	18.03%	29.01%	-
Cost of Revenue	209.77	230.05	270.41	277.51	216.28	186.68
Gross Profit	60.49	60.64	62.24	79.76	86.41	47.95
Selling, General & Admin	31.18	32.44	32.6	35.43	28.08	21.3
Other Operating Expenses	-	-	-	-	1.99	1.96
Operating Expenses	30.83	34.06	32.65	34.65	31.96	23.42
Operating Income	29.66	26.58	29.59	45.12	54.45	24.53
Interest Expense	-3.83	-4.52	-5.06	-2.41	-1.58	-1.58
Interest & Investment Income	-	-	-	-	0.72	0.44
Currency Exchange Gain (Loss)	-	-	-	-	-0.55	1.79
Other Non Operating Income (Expenses)	-1.79	2.12	-0.39	7.42	-0.49	-10
EBT Excluding Unusual Items	24.05	24.18	24.15	50.13	52.55	15.18
Gain (Loss) on Sale of Assets	-	-	-	-	0	0.04
Pretax Income	24.05	24.18	24.15	50.13	52.55	15.22
Income Tax Expense	7.3	6.52	7.04	9.47	12.27	10.01
Earnings From Continuing Operations	16.75	17.66	17.11	40.66	40.28	5.2
Earnings From Discontinued Operations	-	-	-	-0.52	-1.31	-0.17
Net Income to Company	16.75	17.66	17.11	40.14	38.97	5.03
Minority Interest in Earnings	-0.12	-0.18	-0.78	-0.81	-0.83	-0.3
Net Income	16.63	17.48	16.33	39.33	38.15	4.73
Net Income to Common	16.63	17.48	16.33	39.33	38.15	4.73
Net Income Growth	-11.46%	7.09%	-58.49%	3.10%	705.83%	-
Shares Outstanding (Basic)	309	302	232	5	5	5
Shares Outstanding (Diluted)	309	302	232	5	5	5
Shares Change (YoY)	-31.75%	30.33%	4538.57%	0.02%	-	-
EPS (Basic)	0.05	0.06	0.07	7.86	7.63	0.95
EPS (Diluted)	0.05	0.06	0.07	7.86	7.63	0.95
EPS Growth	29.73%	-17.83%	-99.11%	3.11%	706.66%	-
Free Cash Flow	32.71	19.71	20.17	25.18	14.53	25.29
Free Cash Flow Per Share	0.11	0.07	0.09	5.03	2.91	5.06
Dividend Per Share	0.030	0.060	1.000	7.000	-	-
Dividend Growth	-40.00%	-94.00%	-85.71%	-	-	-
Gross Margin	22.38%	20.86%	18.71%	22.33%	28.55%	20.44%
Operating Margin	10.97%	9.14%	8.90%	12.63%	17.99%	10.46%
Profit Margin	6.15%	6.02%	4.91%	11.01%	12.60%	2.02%
Free Cash Flow Margin	12.11%	6.78%	6.06%	7.05%	4.80%	10.78%
EBITDA	31.82	28.43	31.54	47.17	57.03	26.94
EBITDA Margin	11.77%	9.78%	9.48%	13.20%	18.84%	11.48%
D&A For EBITDA	2.16	1.85	1.94	2.06	2.58	2.41
EBIT	29.66	26.58	29.59	45.12	54.45	24.53
EBIT Margin	10.97%	9.14%	8.90%	12.63%	17.99%	10.46%
Effective Tax Rate	30.34%	26.97%	29.16%	18.89%	23.34%	65.81%

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