Thakral Corporation Ltd (SGX:AWI)

Thakral Corporation Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	320.94	288.81	212.27	160.42	127.8	90.12
Revenue Growth (YoY)	35.72%	36.06%	32.32%	25.53%	41.80%	-16.46%
Cost of Revenue	262.48	234.65	166.37	121.2	99.93	62.55
Gross Profit	58.46	54.16	45.9	39.22	27.86	27.57
Selling, General & Admin	41.76	38.11	33.42	34.7	26.39	22.62
Other Operating Expenses	1.28	1.2	0.83	0.58	0.11	0.09
Operating Expenses	43.11	39.31	34.25	35.28	26.5	22.71
Operating Income	15.36	14.85	11.65	3.95	1.36	4.86
Interest Expense	-4.31	-4.32	-3.78	-2.34	-2.28	-2.1
Interest & Investment Income	0.68	0.68	0.47	0.05	0.02	0.07
Earnings From Equity Investments	17.97	22.54	34.79	30.97	37.04	15.94
Currency Exchange Gain (Loss)	-0.08	1.23	-0.17	-0.63	-0.16	-0.42
EBT Excluding Unusual Items	29.7	34.98	42.96	32	35.99	18.35
Merger & Restructuring Charges	-	-	-20.38	-	-	-
Gain (Loss) on Sale of Investments	155.29	7.05	3	2.21	-	-
Gain (Loss) on Sale of Assets	0.33	0.78	0.58	0.97	0.71	0.39
Asset Writedown	-	-	-	1.41	3.33	0.85
Other Unusual Items	-	-	0.01	-	-	-
Pretax Income	185.32	42.8	26.17	36.59	40.03	19.58
Income Tax Expense	52.87	7.92	7.72	10.02	9.36	3.37
Earnings From Continuing Operations	132.46	34.89	18.45	26.57	30.67	16.21
Minority Interest in Earnings	-5.12	-6.08	-10.26	-7.96	-11.46	-9.68
Net Income	127.33	28.81	8.18	18.62	19.21	6.53
Net Income to Common	127.33	28.81	8.18	18.62	19.21	6.53
Net Income Growth	1003.41%	252.10%	-56.05%	-3.07%	193.96%	-28.02%
Shares Outstanding (Basic)	127	128	128	131	131	131
Shares Outstanding (Diluted)	127	128	128	131	131	131
Shares Change (YoY)	-0.63%	-0.06%	-2.22%	-0.02%	-	-
EPS (Basic)	1.00	0.23	0.06	0.14	0.15	0.05
EPS (Diluted)	1.00	0.23	0.06	0.14	0.15	0.05
EPS Growth	1010.47%	252.27%	-55.05%	-3.05%	194.14%	-28.07%
Free Cash Flow	-7.1	-11.73	-16.3	-11.07	-14.39	-7.96
Free Cash Flow Per Share	-0.06	-0.09	-0.13	-0.09	-0.11	-0.06
Dividend Per Share	0.020	0.040	0.040	0.040	0.040	0.030
Dividend Growth	-50.00%	-	-	-	33.33%	-25.00%
Gross Margin	18.22%	18.75%	21.62%	24.45%	21.80%	30.59%
Operating Margin	4.78%	5.14%	5.49%	2.46%	1.07%	5.39%
Profit Margin	39.67%	9.98%	3.85%	11.61%	15.03%	7.25%
Free Cash Flow Margin	-2.21%	-4.06%	-7.68%	-6.90%	-11.26%	-8.83%
EBITDA	16.83	15.59	12.15	4.36	1.83	5.31
EBITDA Margin	5.24%	5.40%	5.72%	2.72%	1.43%	5.89%
D&A For EBITDA	1.47	0.74	0.5	0.41	0.47	0.45
EBIT	15.36	14.85	11.65	3.95	1.36	4.86
EBIT Margin	4.78%	5.14%	5.49%	2.46%	1.07%	5.39%
Effective Tax Rate	28.53%	18.50%	29.51%	27.38%	23.38%	17.22%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.