Financial Year Ended 31 December	2024	2023	2022	2021	2020
No. of Months	12	12	12	12	12
	Audited	Audited	Audited	Restated	Restated
Key Financials
Revenue (RM'000)	49,572	56,232	45,324	54,782	53,931
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) (RM'000)	9,713	10,354	5,956	10,549	11,100
Profit Before Taxation (PBT) (RM'000)	6,719	7,460	2,869	7,281	8,263
Profit After Taxation (PAT) (RM'000)	9,240	5,488	2,170	5,766	6,502
Total Assets (RM'000)	117,248	113,974	104,861	99,289	93,060
Total Equity (RM'000)	93,766	86,604	80,160	77,628	73,524
Key Ratios
Gross Profit Margin (%)	27.7	23.9	18.6	23.7	23.4
PBT Margin (%)	13.6	13.3	6.3	13.3	15.3
PAT Margin (%)	18.6	9.8	4.8	10.5	12.1
Earnings Per Share (EPS) (sen)	2.22	1.32	0.52	1.39	1.56
Diluted EPS (sen)	2.22	1.3	0.5	1.4	1.56
Average Trade Receivables Turnover(3) (days)	43(5)	40	35	28	21
Average Trade Payables Turnover(4) (days)	26(6)	16	40	53	42
Average Inventory Turnover(5) (days)	99(7)	78	147	146	96
Current Ratio (times)	6.2	4.0	5.2	5.1	6.1
Gearing Ratio (times)	0.2	0.2	0.2	0.1	0.1

Notes:

⁽¹⁾ Calculated based on the PAT divided by the enlarged share capital of 415,691,400 Shares after the Group's IPO.

⁽²⁾Computed based on the average trade receivables multiplied by 365 days.

⁽³⁾Computed based on the average trade payables multiplied by 365 days

⁽⁴⁾Computed based on the average inventories multiplied by 365 days

⁽⁵⁾Computed based on the average trade receivables multiplied by 366 days

⁽⁶⁾Computed based on the average trade payables multiplied by 366 days

⁽⁷⁾ Computed based on the average inventories multiplied by 366 days

^#Please read this section in conjunction with Spring Art Holdings Berhad's Prospectus dated 16 October 2019.