Income Statement EcoFirst Consolidated

Stocks

3557

MYL3557OO005

Real Estate Development & Operations

Market Closed - BURSA MALAYSIA Other stock markets 04:54:03 2026-07-15 EDT			5-day change	1st Jan Change
0.3500 ^MYR	+1.45%		0.00%	+6.06%

04-29	EcoFirst Consolidated Bhd Reports Earnings Results for the Third Quarter and Nine Months Ended February 28, 2026	CI
03-19	Ecofirst Consolidated Bhd Announces Change in Financial Year End	CI

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Published financial data: ECOFIRST CONSOLIDATED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: May	2021	2022	2023	2024	2025
Revenues	42.37M	24.04M	31.46M	163M	454M
Total Revenues	42.37M	24.04M	31.46M	163M	454M
Cost of Goods Sold, Total	22.46M	1.7M	14.78M	159M	383M
Gross Profit	19.92M	22.34M	16.68M	3.82M	70.46M
Selling General & Admin Expenses, Total	9.15M	9.99M	12.76M	22.02M	29.66M
Provision for Bad Debts	3.75M	11.02M	-12.62M	-	10K
Other Operating Expenses	-15.87M	5.93M	-17.56M	-8.22M	-1.18M
Other Operating Expenses, Total	-2.97M	26.93M	-17.42M	13.8M	28.49M
Operating Income	22.89M	-4.6M	34.1M	-9.99M	41.97M
Interest Expense, Total	-10.15M	-4.53M	-17.64M	-18.72M	-19.54M
Interest And Investment Income	31K	22K	84K	53K	70K
Net Interest Expenses	-10.12M	-4.51M	-17.56M	-18.67M	-19.47M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	1.52M	-
EBT, Excl. Unusual Items	12.77M	-9.11M	16.55M	-27.14M	22.5M
Gain (Loss) On Sale Of Assets	-	-	-1.64M	276K	-
Asset Writedown	-	-	-	32.86M	13.34M
EBT, Incl. Unusual Items	12.77M	-9.11M	14.91M	6M	35.84M
Income Tax Expense	-785K	3.09M	4.18M	-5.87M	10.41M
Earnings From Continuing Operations	13.56M	-12.2M	10.73M	11.86M	25.43M
Net Income to Company	13.56M	-12.2M	10.73M	11.86M	25.43M
Minority Interest	15K	2.35M	3.63M	966K	-540K
Net Income - (IS)	13.57M	-9.84M	14.37M	12.83M	24.89M
Net Income to Common Incl Extra Items	13.57M	-9.84M	14.37M	12.83M	24.89M
Net Income to Common Excl. Extra Items	13.57M	-9.84M	14.37M	12.83M	24.89M
Per Share Items
Net EPS - Basic	0.02	-0.01	0.01	0.01	0.02
Basic EPS - Continuing Operations	0.02	-0.01	0.01	0.01	0.02
Basic Weighted Average Shares Outstanding	820M	1.13B	1.18B	1.2B	1.18B
Net EPS - Diluted	0.02	-0.01	0.01	0.01	0.02
Diluted EPS - Continuing Operations	0.02	-0.01	0.01	0.01	0.02
Diluted Weighted Average Shares Outstanding	820M	1.13B	1.18B	1.2B	1.18B
Normalized Basic EPS	0.01	-0	0.01	-0.01	0.01
Normalized Diluted EPS	0.01	-0	0.01	-0.01	0.01
Supplemental Items
EBITDA	23.14M	-4.17M	34.74M	-9.69M	42.72M
EBITA	22.89M	-4.6M	34.1M	-9.99M	41.97M
EBIT	22.89M	-4.6M	34.1M	-9.99M	41.97M
EBITDAR	23.24M	-4.14M	34.79M	-9.07M	43.02M
Effective Tax Rate - (Ratio)	-6.15	-33.91	28.02	-97.88	29.05
Current Domestic Taxes	-2.46M	431K	210K	-	-
Total Current Taxes	-2.46M	431K	210K	247K	939K
Deferred Domestic Taxes	1.67M	2.66M	3.97M	-	-
Total Deferred Taxes	1.67M	2.66M	3.97M	-6.12M	9.48M
Normalized Net Income	8M	-3.34M	13.98M	-16M	13.52M
Interest Capitalized	266K	2.01M	714K	-	-
Interest on Long-Term Debt	10.23M	6.12M	17.74M	67K	102K
Supplemental Operating Expense Items
Selling and Marketing Expenses	1.22M	549K	743K	2.59M	1.29M
General and Administrative Expenses	7.93M	9.44M	12.02M	19.43M	28.37M
Net Rental Expense, Total	103K	30K	56K	621K	294K
Imputed Operating Lease Interest Expense	48.44K	8.24K	41.62K	364K	185K
Imputed Operating Lease Depreciation	54.56K	21.76K	14.38K	257K	109K

Fiscal Period: May	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	7.67M	8.23M	17.01M	7.75M	5.48M
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	9K	6K	6K	-	-
Total Cash And Short Term Investments	7.68M	8.24M	17.01M	7.75M	5.48M
Accounts Receivable, Total	22.99M	7.44M	9.44M	70.75M	125M
Other Receivables	24.09M	5.31M	5.54M	5.74M	219K
Total Receivables	47.08M	12.75M	14.98M	76.5M	126M
Inventory	73.97M	349M	227M	251M	121M
Prepaid Expenses	-	-	-	-	4.65M
Restricted Cash	-	-	-	22.11M	28.24M
Other Current Assets, Total	2.12M	1.56M	25.93M	27.28M	24.62M
Total Current Assets	131M	372M	285M	384M	309M
Gross Property Plant And Equipment	12.17M	13.82M	13.77M	9.02M	9.82M
Accumulated Depreciation	-9.2M	-10.48M	-11.67M	-6.61M	-7.16M
Net Property Plant And Equipment	2.97M	3.34M	2.1M	2.41M	2.66M
Long-term Investments	1.06M	1.06M	2.36M	1.07M	1.03M
Deferred Tax Assets Long-Term	3.35M	663K	663K	10.08M	1.96M
Other Long-Term Assets, Total	579M	582M	657M	644M	659M
Total Assets	718M	959M	946M	1.04B	974M
Liabilities
Accounts Payable, Total	32.52M	18M	18.26M	61.37M	126M
Accrued Expenses, Total	25.28M	24.54M	26.67M	30.77M	17.31M
Short-term Borrowings	5.99M	5.98M	8.86M	7.73M	8M
Current Portion of Long-Term Debt	10.92M	22.78M	88.04M	119M	7.41M
Current Portion of Leases	978K	1.16M	531K	472K	552K
Current Income Taxes Payable	20.15M	28.47M	25.78M	22.99M	12.79M
Unearned Revenue Current, Total	-	-	-	-	23.52M
Other Current Liabilities	42.33M	104M	52.98M	81.54M	48.51M
Total Current Liabilities	138M	205M	221M	324M	244M
Long-Term Debt	171M	161M	107M	179M	171M
Long-Term Leases	1.14M	535K	14K	690K	1.14M
Deferred Tax Liability Non Current	3.18M	3.15M	7.12M	10.42M	11.77M
Other Non Current Liabilities	8.4M	8.4M	8.4M	-	-
Total Liabilities	322M	377M	343M	514M	428M
Common Stock, Total	148M	259M	269M	269M	269M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	237M	227M	241M	258M	278M
Treasury Stock	-3.94M	-3.94M	-240K	-8.62M	-15.52M
Comprehensive Income and Other	-	-	-	5K	11K
Total Common Equity	381M	482M	510M	519M	532M
Minority Interest	14.74M	100M	92.54M	8.56M	14.56M
Total Equity	396M	582M	603M	528M	546M
Total Liabilities And Equity	718M	959M	946M	1.04B	974M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.08B	1.17B	1.21B	1.18B	1.16B
ECS Total Common Shares Outstanding	847M	1.16B	1.21B	1.18B	1.16B
Book Value / Share	0.45	0.41	0.42	0.44	0.46
Tangible Book Value	381M	482M	510M	519M	532M
Tangible Book Value Per Share	0.45	0.41	0.42	0.44	0.46
Total Debt	190M	191M	204M	307M	188M
Net Debt	182M	183M	187M	300M	183M
Debt Equivalent Oper. Leases	824K	240K	448K	4.97M	2.35M
Minority Interest, Total (Incl. Fin. Div)	14.74M	100M	92.54M	8.56M	14.56M
Account Code - Inventory Valuation	8	8	8	8	8
Inventories - Work In Process, Total	-	329M	211M	206M	110M
Inventories - Finished Goods, Total	-	20.48M	16.15M	44.79M	10.34M
Machinery, Total	5.4M	5.27M	5.83M	4.6M	5.59M
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	2.66M	796K	650K	650K	660K

Fiscal Period: May	2021	2022	2023	2024	2025
Net Income	13.57M	-9.84M	14.37M	12.83M	24.89M
Depreciation & Amortization - CF	1.37M	1.42M	1.72M	976K	1.56M
Depreciation & Amortization, Total	1.37M	1.42M	1.72M	976K	1.56M
(Gain) Loss From Sale Of Asset	-3K	-51K	1.56M	-276K	-
(Gain) Loss on Sale of Investments - (CF)	-	-	204K	164K	176K
Asset Writedown & Restructuring Costs	-13.7M	270K	-24.52M	-32.86M	-13.34M
Provision and Write-off of Bad Debts	3.75M	11.96M	-12.55M	-1.52M	10K
Other Operating Activities, Total	6.64M	2.03M	14.82M	23.79M	19.36M
Change In Accounts Receivable	22.14M	22.93M	-11.34M	-60M	-64.33M
Change In Inventories	-43.27M	-56.26M	-1.22M	34.41M	130M
Change In Accounts Payable	-27.86M	-11.77M	17.69M	44.77M	41.41M
Change in Unearned Revenues	-17.91M	-	-	-	-
Change in Other Net Operating Assets	893K	-	-2.59M	-25.64M	13.14M
Cash from Operations	-54.39M	-39.31M	-1.88M	-3.35M	153M
Capital Expenditure	-50K	-1.18M	-272K	-808K	-250K
Sale of Property, Plant, and Equipment	3K	51K	80K	458K	-
Cash Acquisitions	-	-946K	-	-78.4M	-
Divestitures	-	-	2.49M	-	-
Sale (Purchase) of Real Estate properties	-54K	-98K	-209K	22.99M	-1.68M
Investment in Marketable and Equity Securities, Total	13K	3K	-1.5M	-2.3M	-
Other Investing Activities, Total	5.44M	172K	1.46M	-647K	120K
Cash from Investing	5.35M	-2M	2.06M	-58.71M	-1.81M
Long-Term Debt Issued, Total	29.4M	2.26M	20.92M	195M	-
Total Debt Issued	29.4M	2.26M	20.92M	195M	-
Long-Term Debt Repaid, Total	-10.99M	-13.11M	-10.63M	-92.4M	-121M
Total Debt Repaid	-10.99M	-13.11M	-10.63M	-92.4M	-121M
Issuance of Common Stock	20.12M	9.95M	14.38M	-	-
Repurchase of Common Stock	-	-	-	-8.38M	-6.91M
Other Financing Activities, Total	-9.1M	42.78M	-17.64M	-19.1M	-19.54M
Cash from Financing	29.43M	41.88M	7.03M	75.3M	-147M
Net Change in Cash	-19.61M	579K	7.21M	13.23M	3.58M
Supplemental Items
Cash Interest Paid	9.36M	6.54M	18.35M	18.58M	19.54M
Cash Income Tax Paid (Refund)	2.19M	1.06M	3.03M	3.03M	11.2M
Levered Free Cash Flow	4.55M	-192M	56.74M	-49.79M	119M
Unlevered Free Cash Flow	10.89M	-189M	67.77M	-38.09M	131M
Change In Net Working Capital	4.73M	186M	-45.01M	32.02M	-104M
Net Debt Issued / Repaid	18.41M	-10.84M	10.29M	103M	-121M

Fiscal Period: May	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.01	-0.34	2.24	-0.63	2.6
Return on Total Capital	2.57	-0.42	2.7	-0.76	3.34
Return On Equity %	3.58	-2.5	1.81	2.1	4.74
Return on Common Equity	3.73	-2.28	2.9	2.49	4.74
Margin Analysis
Gross Profit Margin %	47	92.93	53.03	2.34	15.52
SG&A Margin	21.6	41.55	40.57	13.54	6.54
EBITDA Margin %	54.61	-17.34	110.41	-5.96	9.41
EBITA Margin %	54.02	-19.13	108.4	-6.14	9.25
EBIT Margin %	54.02	-19.13	108.4	-6.14	9.25
Income From Continuing Operations Margin %	31.99	-50.75	34.12	7.29	5.6
Net Income Margin %	32.03	-40.96	45.66	7.89	5.48
Net Avail. For Common Margin %	32.03	-40.96	45.66	7.89	5.48
Normalized Net Income Margin	18.87	-13.89	44.42	-9.83	2.98
Levered Free Cash Flow Margin	10.73	-797.72	180.35	-30.61	26.24
Unlevered Free Cash Flow Margin	25.71	-785.94	215.39	-23.42	28.94
Asset Turnover
Asset Turnover	0.06	0.03	0.03	0.16	0.45
Fixed Assets Turnover	12.49	7.62	11.56	72.13	178.95
Receivables Turnover (Average Receivables)	1.18	1.58	3.73	4.06	4.63
Inventory Turnover (Average Inventory)	0.29	0.01	0.05	0.63	2.06
Short Term Liquidity
Current Ratio	0.95	1.82	1.29	1.18	1.27
Quick Ratio	0.4	0.1	0.14	0.26	0.54
Operating Cash Flow to Current Liabilities	-0.39	-0.19	-0.01	-0.01	0.63
Days Sales Outstanding (Average Receivables)	309.87	231.04	97.9	90.2	78.84
Days Outstanding Inventory (Average Inventory)	1.24K	45.41K	7.11K	577.78	176.77
Average Days Payable Outstanding	769.98	33.25	-61.37	94.15	134.62
Cash Conversion Cycle (Average Days)	780.1	45.61K	7.27K	573.83	120.99
Long Term Solvency
Total Debt/Equity	48.06	32.81	33.86	58.27	34.5
Total Debt / Total Capital	32.46	24.7	25.29	36.82	25.65
LT Debt/Equity	43.53	27.67	17.7	34.08	31.58
Long-Term Debt / Total Capital	29.4	20.83	13.22	21.53	23.48
Total Liabilities / Total Assets	44.87	39.32	36.28	49.37	43.94
EBIT / Interest Expense	2.26	-1.01	1.93	-0.53	2.15
EBITDA / Interest Expense	2.39	-0.7	2.03	-0.48	2.23
(EBITDA - Capex) / Interest Expense	2.38	-0.96	2.02	-0.52	2.21
Total Debt / EBITDA	7.84	-60.07	5.7	-34.1	4.33
Net Debt / EBITDA	7.52	-57.48	5.22	-33.24	4.2
Total Debt / (EBITDA - Capex)	7.85	-43.83	5.74	-31.3	4.35
Net Debt / (EBITDA - Capex)	7.54	-41.94	5.26	-30.51	4.23
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-71.76	-43.27	30.9	417.08	179.01
Gross Profit, 1 Yr. Growth %	-57.1	9.73	-25.3	-77.14	1.75K
EBITDA, 1 Yr. Growth %	-30.96	-117.68	-933.45	130.02	-540.76
EBITA, 1 Yr. Growth %	-31.23	-119.71	-841.57	104.38	-520.15
EBIT, 1 Yr. Growth %	-31.23	-119.71	-841.57	104.38	-520.15
Earnings From Cont. Operations, 1 Yr. Growth %	-20.93	-187.17	-188	10.54	114.33
Net Income, 1 Yr. Growth %	-20.58	-170.27	-245.95	-10.69	93.98
Normalized Net Income, 1 Yr. Growth %	-48.75	-140.37	-518.58	515.91	-184.54
Diluted EPS Before Extra, 1 Yr. Growth %	-22.99	-150.92	-239.85	-12.1	97.3
Accounts Receivable, 1 Yr. Growth %	-53.04	-67.63	26.81	649.81	77.15
Inventory, 1 Yr. Growth %	-5.93	373.68	-35.1	-0.16	-51.79
Net Property, Plant and Equip., 1 Yr. Growth %	-22.32	12.68	-37.19	14.91	10.32
Total Assets, 1 Yr. Growth %	1.51	33.73	-1.35	10.11	-6.51
Tangible Book Value, 1 Yr. Growth %	9.7	26.55	5.97	1.68	2.41
Common Equity, 1 Yr. Growth %	9.7	26.55	5.97	1.68	2.41
Cash From Operations, 1 Yr. Growth %	1.57K	-27.73	-95.22	77.99	-4.66K
Capital Expenditures, 1 Yr. Growth %	-87.68	2.26K	-76.91	197.06	-69.06
Levered Free Cash Flow, 1 Yr. Growth %	-130.31	-3.9K	-129.59	-274.64	-339.24
Unlevered Free Cash Flow, 1 Yr. Growth %	-214.44	-1.76K	-135.87	-196.35	-444.79
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-56.24	-59.98	-13.83	160.17	279.83
Gross Profit, 2 Yr. CAGR %	-41.74	-30.64	-9.46	-58.67	105.51
EBITDA, 2 Yr. CAGR %	-22.73	-64.74	21.38	52.5	218.41
EBITA, 2 Yr. CAGR %	-22.35	-62.83	20.91	47.38	193.03
EBIT, 2 Yr. CAGR %	-22.35	-62.83	20.91	47.38	193.03
Earnings From Cont. Operations, 2 Yr. CAGR %	-23.31	-15.65	-12.42	-1.37	53.92
Net Income, 2 Yr. CAGR %	-22.54	-24.1	1.27	14.17	31.62
Normalized Net Income, 2 Yr. CAGR %	-30.6	-53.74	30	118.87	128.18
Diluted EPS Before Extra, 2 Yr. CAGR %	-23.46	-36.37	-15.61	10.87	31.69
Accounts Receivable, 2 Yr. CAGR %	6.36	-61.01	-35.93	208.36	264.45
Inventory, 2 Yr. CAGR %	-6.99	110.77	75.34	-15.3	-30.62
Net Property, Plant and Equip., 2 Yr. CAGR %	18.42	-6.44	-15.88	-15.05	12.59
Total Assets, 2 Yr. CAGR %	0.77	16.49	14.86	4.22	1.46
Tangible Book Value, 2 Yr. CAGR %	7.22	17.79	15.8	3.8	2.04
Common Equity, 2 Yr. CAGR %	7.22	17.79	15.8	3.8	2.04
Cash From Operations, 2 Yr. CAGR %	-29.12	247.46	-81.4	-70.82	800.87
Capital Expenditures, 2 Yr. CAGR %	-39.81	70.34	133.24	-17.18	-4.13
Levered Free Cash Flow, 2 Yr. CAGR %	-75.41	257.48	235.19	-49.04	104.4
Unlevered Free Cash Flow, 2 Yr. CAGR %	-63.63	345.51	143.87	-55.09	82.26
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-38.41	-52.29	-40.59	56.59	166.3
Gross Profit, 3 Yr. CAGR %	-25.59	-27.53	-28.9	-42.77	46.67
EBITDA, 3 Yr. CAGR %	-26.88	-52.44	1.2	-25.64	117.23
EBITA, 3 Yr. CAGR %	-26.81	-50.52	0.82	-24.62	108.98
EBIT, 3 Yr. CAGR %	-26.81	-50.52	0.82	-24.62	108.98
Earnings From Cont. Operations, 3 Yr. CAGR %	-33.57	-19.11	-14.45	-5.35	27.75
Net Income, 3 Yr. CAGR %	-33.57	-24.21	-5.61	-2.89	36.23
Normalized Net Income, 3 Yr. CAGR %	-37.38	-41.41	-3.6	24.59	59.39
Diluted EPS Before Extra, 3 Yr. CAGR %	-34.04	-32.47	-17.27	-14.46	34.36
Accounts Receivable, 3 Yr. CAGR %	-25.69	-28.46	-42.23	45.46	156.34
Inventory, 3 Yr. CAGR %	-6.63	59.86	42.33	50.34	-29.8
Net Property, Plant and Equip., 3 Yr. CAGR %	4.25	16.47	-18.08	-6.66	-7.31
Total Assets, 3 Yr. CAGR %	0.04	10.73	10.21	13.25	0.51
Tangible Book Value, 3 Yr. CAGR %	6.91	13.29	13.71	10.89	3.34
Common Equity, 3 Yr. CAGR %	6.91	13.29	13.71	10.89	3.34
Cash From Operations, 3 Yr. CAGR %	8.62	-28.66	-16.71	-60.52	57.18
Capital Expenditures, 3 Yr. CAGR %	-38.5	104.37	-12.5	152.82	-40.35
Levered Free Cash Flow, 3 Yr. CAGR %	-74.03	36.6	55.8	114.43	-14.67
Unlevered Free Cash Flow, 3 Yr. CAGR %	-65.44	31.88	92.38	49.53	-11.41
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-18.95	-28.34	-29.56	-5.97	24.78
Gross Profit, 5 Yr. CAGR %	-15.44	-13.87	-19.16	-42.11	8.71
EBITDA, 5 Yr. CAGR %	-4.07	-31.69	-10.11	-24.21	4.97
EBITA, 5 Yr. CAGR %	-3.37	-29.95	-10.19	-23.43	4.75
EBIT, 5 Yr. CAGR %	-3.37	-29.95	-10.19	-23.43	4.75
Earnings From Cont. Operations, 5 Yr. CAGR %	-3.34	-6.1	-25.33	-12.44	8.21
Net Income, 5 Yr. CAGR %	-3.48	-9.41	-20.87	-10.72	7.81
Normalized Net Income, 5 Yr. CAGR %	-10.4	-22.82	-15.56	-0.74	-2.82
Diluted EPS Before Extra, 5 Yr. CAGR %	-5.69	-15.59	-26.74	-17.66	-0.36
Accounts Receivable, 5 Yr. CAGR %	-1.53	-32.9	-29.97	28.34	20.69
Inventory, 5 Yr. CAGR %	6.1	5.42	20.06	23.99	8.97
Net Property, Plant and Equip., 5 Yr. CAGR %	5.93	0.46	-4.32	2.66	-6.97
Total Assets, 5 Yr. CAGR %	6.24	5.08	5.72	8.08	6.62
Tangible Book Value, 5 Yr. CAGR %	10.58	13.53	10.37	9.39	8.89
Common Equity, 5 Yr. CAGR %	10.58	13.53	10.37	9.39	8.89
Cash From Operations, 5 Yr. CAGR %	5.11	-21.16	-46.38	-50.11	115.88
Capital Expenditures, 5 Yr. CAGR %	-31.68	17.01	4.82	42.4	-9.24
Levered Free Cash Flow, 5 Yr. CAGR %	-46.55	5.8	-26.23	-7.92	51.34
Unlevered Free Cash Flow, 5 Yr. CAGR %	-35.97	6.11	-23.8	-14.29	69.04