Financial Year Ended 31 December2024 2023 2022 2021 2020
  12 months
Audited		 12 months
Audited		 12 months
Audited		 12 months
Audited		 12 months
Audited
Key Financials          
Revenue (RM'000) 62,813 30,378 27,852 52,524 25,331
Gross Profit (GP) (RM'000) 37,525 20,922 15,426 27,446 15,340
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) (1) (RM'000) 20,955 9,841 4,662 6,750 8,321
Profit Before Taxation (PBT) (RM'000) 15,815 7,189 3,352 5,725 7,415
PAT Attributable to Owners of The Company (PATAMI) (RM'000) 13,648 6,261 3,787 6,774 7,533
Total Assets (RM'000) 154,227 100,833 64,240 49,335 19,755
Total Equity (RM'000) 111,533 81,257 51,265 40,904 6,767
Key Ratios          
GP Margin (2) (%) 59.74 68.87 55.39 52.25 60.56
PBT Margin (3) (%) 25.18 23.67 12.04 10.90 29.27
PATAMI Margin (4)(%) 21.73 20.61 13.60 12.90 29.74
Basic Earnings Per Share(5) (RM) 4.19 2.44 1.68 3.62 3.38
Trade Receivables Turnover (6) (days) 116 236 365 155 93
Trade Payables Turnover (7) (days) 31 29 18 4 13
Current Ratio (8) (times) 3.35 3.27 5.99 6.87 2.61
Gearing Ratio (9) (times) 0.26 0.17 0.15 0.09 0.56

Notes:

(1) EBITDA is computed as the sum of profit from operations before depreciation charges.
(2) GP margin is computed based on GP over revenue.
(3) PBT margin is computed based on PBT over revenue.
(4) PATAMI margin is computed based on PATAMI over revenue.
(5) To facilitate a 5 years snapshot for comparison purpose only, basic earnings per share is calculated by dividing the profit after taxation attributable to owners of the Company by number of ordinary share after the Initial Public Offering (“IPO”)
(6) Computed based on the average closing balance of trade receivables divided by the revenue for the respective financial year multiplied by the number of days in the respective financial year being 365 days for the Financial Years Under Review.
(7) Computed based on the average closing balance of trade payables divided by cost of sales (excluding staff costs) for the respective financial year multiplied by the number of days in the respective financial year being 365 days for the Financial Years Under Review.
(8) Computed based on total current assets over total current liabilities as at the respective financial year end.
(9) Computed based on bank borrowings over total equity as at the respective financial year end/period.

NA = Not applicable as the total equity amount is a negative amount.

Please read this section in conjunction with Ramssol Group Berhad’s Prospectus dated 22 June 2021.