Info-Tech Systems Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	56.49	43.71	38.06	30.85
Revenue Growth (YoY)	29.22%	14.84%	23.40%	-
Cost of Revenue	8.36	6.3	4.94	4.32
Gross Profit	48.12	37.42	33.13	26.52
Selling, General & Admin	21.4	18.41	16.48	13.49
Research & Development	4.19	3.69	2.86	2.74
Other Operating Expenses	3.17	0.4	0.56	0.78
Operating Expenses	28.75	22.51	19.89	17.01
Operating Income	19.37	14.91	13.23	9.52
Interest Expense	-0.19	-0.19	-0.14	-0.05
Interest & Investment Income	0.48	0.33	0.02	0
Other Non Operating Income (Expenses)	-0.16	-0.14	-0.11	-0.1
EBT Excluding Unusual Items	19.49	14.9	13.01	9.37
Other Unusual Items	-0.43	-	-	-
Pretax Income	19.06	14.9	13.01	9.37
Income Tax Expense	4.04	2.56	2.52	2.19
Net Income	15.02	12.34	10.49	7.19
Net Income to Common	15.02	12.34	10.49	7.19
Net Income Growth	21.73%	17.66%	45.96%	-
Shares Outstanding (Basic)	258	258	225	225
Shares Outstanding (Diluted)	258	258	225	225
Shares Change (YoY)	-	14.67%	-	-
EPS (Basic)	0.06	0.05	0.05	0.03
EPS (Diluted)	0.06	0.05	0.05	0.03
EPS Growth	21.76%	2.57%	46.08%	-
Free Cash Flow	15.87	17.65	13.45	10.23
Free Cash Flow Per Share	0.06	0.07	0.06	0.04
Dividend Per Share	0.035	-	-	-
Gross Margin	85.19%	85.59%	87.02%	85.98%
Operating Margin	34.29%	34.11%	34.77%	30.85%
Profit Margin	26.59%	28.23%	27.55%	23.29%
Free Cash Flow Margin	28.09%	40.37%	35.34%	33.17%
EBITDA	20.03	15.49	14.85	10.49
EBITDA Margin	35.46%	35.43%	39.01%	34.01%
D&A For EBITDA	0.66	0.58	1.62	0.98
EBIT	19.37	14.91	13.23	9.52
EBIT Margin	34.29%	34.11%	34.77%	30.85%
Effective Tax Rate	21.20%	17.18%	19.36%	23.32%
Advertising Expenses	3.86	3.72	2.76	2.96

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