Financial Year Ended 31 December 2025 2024 2023 2022 2021
  12 months
Audited
12 months
Audited
12 months
Audited
12 months
Audited
12 months
Audited
 
Key Financials          
Revenue (RM'000) 110,579 123,636 169,692 155,104 125,471
Gross Profit (GP) (RM'000) 27,236 10,494 18,355 33,548 26,702
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) (RM'000) 6,148 6,044 3,885 6,410 14,679
Profit Before Taxation (PBT) (RM'000) 4,244 3,463 1,013 4,251 13,570
(Loss)/Profit After Taxation (PAT) (RM'000) 1,403 883 3,511 (1,110) 9,656
(Loss)/Profit Attributable to Owners of the Company (RM'000) 1,394 6,357 3,501 (1,097) 10,041
Total Assets (RM'000) 93,942 144,953 119,495 99,347 76,312
Total Equity (RM'000) 73,814 71,036 64,557 61,045 59,613
 
Key Ratios          
Basic Earnings Per Share (EPS) (sen) 0.33 (1) 1.51 (1) 0.83 (1) (0.26)(1) 2.44 (1)
Diluted EPS (sen) 0.33 (2) 1.51 (2) 0.83 (2) (0.26) (2) 2.44 (2)
GP Margin (3) (%) 24.63 8.49 10.82 21.63 21.28
PBT Margin (4) (%) 3.84 2.80 0.60 2.74 10.82
PAT Margin (5) (%) 1.27 0.71 2.07 (0.72) 7.70
Trade Receivable Turnover (6) (days) 101 140 113 118 105
Trade Payable Turnover (7) (days) 174 173 78 53 28
Current Ratio (8) (times) 6.13 4.04 2.59 2.51 4.51
Gearing Ratio (9) (times) 0.26 1.01 0.81 0.59 0.25

Notes:

(1) Calculated based on PAT attributable to owners of the Company for the financial year divided by the weighted average number of ordinary shares.
(2) The basic and diluted earnings per ordinary share are equal as the Group does not have dilutive potential ordinary shares as at the reporting date.
(3) GP margin is calculated based on GP for the financial year divided by revenue.
(4) PBT margin is calculated based on PBT for the financial year divided by revenue.
(5) PAT margin is calculated based on PAT for the financial year divided by revenue.
(6) Computed based on average trade receivables as at year end over revenue for the year multiplied by 365 days for each financial year (366 days for FYE 2024)
(7) Computed based on average trade payables as at year end over cost of sales for the year multiplied by 365 days for each financial year (366 days for FYE 2024)
(8) Computed based on current assets excluding receivables and cash at banks under the Noble Arrangement over current liabilities excluding payables under the Noble Arrangement as at each financial year end.
(9) Computed based on the total borrowings over total equity as at each financial year end.

Please read this section in conjunction with Ocean Vantage Holdings Berhad's Prospectus dated 30 June 2020 and Annual Reports.