Financial Year Ended 31 December 2024 2023 2022 2021
  12 months
Audited
12 months
Audited
12 months
Audited
12 months
Audited
 
Key Financials        
Revenue (RM'000) 62,280 62,207 42,239 29,382
Gross Profit (GP) (RM'000) 14,091 15,064 10,965 10,406
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) (RM'000) 11,092 11,613 10,010 9,525
Profit Before Taxation (PBT) (RM'000) 8,680 10,496 9,375 9,102
Profit After Taxation (PAT) (RM'000) 6,288 7,722 7,212 6,762
PAT Attributable to Owners of the Company (RM'000) 6,288 7,722 7,212 6,762
Total Assets (RM'000) 100,480 63,602 49,287 33,301
Total Equity (RM'000) 38,360 32,072 24,350 17,438
 
Key Ratios        
GP Margin(1) (%) 22.6 24.2 26.0 35.4
PBT Margin(2) (%) 13.9 16.9 22.2 31.0
PAT Margin(3) (%) 10.1 12.4 17.1 23.0
Diluted Earnings Per Share (EPS)(4) (sen) 1.68 2.06 1.92 1.80
Trade Receivables Turnover(5) (days) 71 38 33 94
Trade Payables Turnover(6) (days) 118 116 143 119
Inventories Turnover(7) (days) 43 58 110 109
Current Ratio(8) (times) 1.79 2.15 2.16 2.18
Gearing Ratio(9) (times) 0.96 0.27 0.19 0.13

Notes:

(1) Calculated based on GP divided by revenue.
(2) Calculated based on PBT divided by revenue.
(3) Calculated based on PAT divided by revenue.
(4) Calculated based on PAT over the issued share capital of 375,000,000 shares.
(5) Computed based on average trade receivables multiplied by 365 days for the respective financial year and divided by total revenue.
(6) Computed based on average trade payables multiplied by 365 days for the respective financial year and divided by cost of sales.
(7) Computed based on average inventories multiplied by 365 days for the respective financial year and divided by cost of sales directly attributable to inventories cost.
(8) Computed based on current assets over current liabilities as at the end of the respective financial year.
(9) Computed based on the total borrowings (excluding lease liabilities recognised under MFRS 16) over total equity as at the end of the respective financial year.

* Please read this section in conjunction with TechStore Berhad's Prospectus dated 22 January 2025.