HC Surgical Specialists Limited (SGX:1B1)

HC Surgical Specialists Income Statement

Financials in millions SGD. Fiscal year is June - May.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Operating Revenue	19.11	18.81	19.08	19.31	23.36
Other Revenue	0.08	0.24	0.17	0.11	0.11
Revenue	19.19	19.05	19.25	19.42	23.47
Revenue Growth (YoY)	0.71%	-1.03%	-0.86%	-17.25%	38.95%
Cost of Revenue	10.28	9.8	9.28	9.48	10.61
Gross Profit	8.91	9.25	9.98	9.94	12.86
Selling, General & Admin	0.03	0.02	0.02	0.06	-0.16
Other Operating Expenses	1.52	1.67	2.26	1.49	2.11
Operating Expenses	3.49	3.49	4.03	3.22	3.66
Operating Income	5.42	5.76	5.95	6.72	9.2
Interest Expense	-0.26	-0.5	-0.64	-0.47	-0.21
Interest & Investment Income	0.54	0.77	0.82	0.82	0.48
Earnings From Equity Investments	0.78	-0.09	-	-	-
Other Non Operating Income (Expenses)	1.83	-0.78	0.29	0.53	-0.09
EBT Excluding Unusual Items	8.32	5.16	6.42	7.59	9.39
Impairment of Goodwill	-	-	-0.68	-0.75	-
Gain (Loss) on Sale of Investments	0.49	0.05	-1.62	0.99	0.31
Gain (Loss) on Sale of Assets	-	0.01	0	-0.02	0
Asset Writedown	-0	-0.16	-0.13	-0.07	-0
Other Unusual Items	-	-	0.06	-0.01	0.57
Pretax Income	8.8	5.06	4.05	7.75	10.27
Income Tax Expense	0.02	1.12	1.07	0.94	1.41
Earnings From Continuing Operations	8.78	3.94	2.99	6.8	8.85
Minority Interest in Earnings	-0.34	-0.09	-0.07	-0.42	-0.85
Net Income	8.44	3.85	2.92	6.38	8
Net Income to Common	8.44	3.85	2.92	6.38	8
Net Income Growth	119.42%	31.76%	-54.25%	-20.25%	100.65%
Shares Outstanding (Basic)	154	152	149	149	150
Shares Outstanding (Diluted)	154	152	149	149	150
Shares Change (YoY)	0.94%	2.28%	-	-0.72%	0.02%
EPS (Basic)	0.05	0.03	0.02	0.04	0.05
EPS (Diluted)	0.05	0.03	0.02	0.04	0.05
EPS Growth	117.39%	28.82%	-54.25%	-19.68%	100.61%
Free Cash Flow	6.75	6.23	6.51	6.84	10.24
Free Cash Flow Per Share	0.04	0.04	0.04	0.05	0.07
Dividend Per Share	0.020	0.014	0.020	0.026	0.040
Dividend Growth	41.43%	-30.00%	-23.08%	-35.00%	100.00%
Gross Margin	46.44%	48.55%	51.81%	51.18%	54.81%
Operating Margin	28.26%	30.23%	30.88%	34.59%	39.20%
Profit Margin	43.98%	20.19%	15.16%	32.85%	34.09%
Free Cash Flow Margin	35.16%	32.70%	33.82%	35.20%	43.63%
EBITDA	5.86	6.26	6.39	7.22	9.69
EBITDA Margin	30.53%	32.83%	33.17%	37.20%	41.30%
D&A For EBITDA	0.44	0.5	0.44	0.51	0.49
EBIT	5.42	5.76	5.95	6.72	9.2
EBIT Margin	28.26%	30.23%	30.88%	34.59%	39.20%
Effective Tax Rate	0.24%	22.17%	26.35%	12.19%	13.77%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.