Income Statement Global Testing Corporation Limited

Stocks

AYN

SG1BB4000008

Semiconductor Equipment & Testing

Market Closed - Singapore S.E. 01:36:00 2026-08-20 EDT			5-day change	1st Jan Change
1.200 ^SGD	-0.83%		0.00%	-9.77%

08-14	Global Testing Corporation Limited Reports Earnings Results for the Half Year Ended June 30, 2026	CI
06-24	Global Testing Invests $5 Million in Investment-Grade Bonds	MT

146498c7fe3310f2da11b105b2824.fBTK5jO_BBzRFajwDuzxQfKrsjasWgzisSmkAOg-U6A.S1uuoWH6QGadIcaTbdyfCbvl3lPWNjWEiHHIaZ0KZM9LdqWHeo5jLIF95Q

Published financial data: GLOBAL TESTING CORPORATION LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	38.73M	46.37M	40.59M	41.52M	46.39M
Total Revenues	38.73M	46.37M	40.59M	41.52M	46.39M
Cost of Goods Sold, Total	26.72M	30.12M	32.64M	32.1M	36.14M
Gross Profit	12.01M	16.24M	7.94M	9.42M	10.25M
Selling General & Admin Expenses, Total	3.29M	3.32M	3.66M	4.02M	4.41M
Provision for Bad Debts	31K	-105K	-38K	-2K	-7K
Other Operating Expenses	995K	1.04M	1.05M	705K	1.32M
Other Operating Expenses, Total	4.32M	4.26M	4.67M	4.72M	5.73M
Operating Income	7.69M	11.99M	3.27M	4.7M	4.52M
Interest Expense, Total	-65K	-8K	-5K	-12K	-3K
Interest And Investment Income	3K	132K	625K	733K	627K
Net Interest Expenses	-62K	124K	620K	721K	624K
EBT, Excl. Unusual Items	7.63M	12.11M	3.89M	5.42M	5.14M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	108K	-	-	-	-
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	7.74M	12.11M	3.89M	5.42M	5.14M
Income Tax Expense	-1.66M	895K	490K	270K	1.28M
Earnings From Continuing Operations	9.4M	11.22M	3.4M	5.15M	3.87M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	9.4M	11.22M	3.4M	5.15M	3.87M
Net Income - (IS)	9.4M	11.22M	3.4M	5.15M	3.87M
Net Income to Common Incl Extra Items	9.4M	11.22M	3.4M	5.15M	3.87M
Net Income to Common Excl. Extra Items	9.4M	11.22M	3.4M	5.15M	3.87M
Per Share Items
Net EPS - Basic	0.27	0.32	0.1	0.15	0.12
Basic EPS - Continuing Operations	0.27	0.32	0.1	0.15	0.12
Basic Weighted Average Shares Outstanding	35.2M	35.05M	34.91M	34.4M	33.42M
Net EPS - Diluted	0.27	0.32	0.1	0.15	0.12
Diluted EPS - Continuing Operations	0.27	0.32	0.1	0.15	0.12
Diluted Weighted Average Shares Outstanding	35.2M	35.05M	34.91M	34.4M	33.42M
Normalized Basic EPS	0.14	0.22	0.07	0.1	0.1
Normalized Diluted EPS	0.14	0.22	0.07	0.1	0.1
Dividend Per Share	0.15	-	-	-	-
Payout Ratio	-	45.81	-	-	-
Supplemental Items
EBITDA	13.2M	17.66M	8.29M	10.23M	9.98M
EBITA	7.69M	11.99M	3.27M	4.7M	4.52M
EBIT	7.69M	11.99M	3.27M	4.7M	4.52M
EBITDAR	19.01M	29.11M	20.67M	19.29M	20.42M
Effective Tax Rate - (Ratio)	-21.4	7.39	12.59	4.98	24.79
Total Current Taxes	374K	254K	-120K	202K	1.02M
Total Deferred Taxes	-2.03M	641K	610K	96K	258K
Normalized Net Income	4.77M	7.57M	2.43M	3.39M	3.21M
Interest on Long-Term Debt	64K	8K	5K	5K	3K
Non-Cash Pension Expense	-4K	-3K	-5K	-4K	-5K
Supplemental Operating Expense Items
Selling and Marketing Expenses	600K	763K	989K	1.27M	1.44M
General and Administrative Expenses	2.69M	2.55M	2.67M	2.75M	2.97M
Net Rental Expense, Total	5.81M	11.44M	12.38M	9.06M	10.43M
Imputed Operating Lease Interest Expense	2.29M	1.56M	2.88M	6.1M	2.69M
Imputed Operating Lease Depreciation	3.52M	9.88M	9.5M	2.96M	7.74M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	11.71M	17.78M	11M	17.31M	24.96M
Short Term Investments	-	-	9.02M	3M	-
Total Cash And Short Term Investments	11.71M	17.78M	20.01M	20.31M	24.96M
Accounts Receivable, Total	9.54M	8.03M	7.52M	9.67M	9.66M
Other Receivables	34K	119K	252K	432K	264K
Total Receivables	9.58M	8.15M	7.78M	10.11M	9.92M
Prepaid Expenses	726K	418K	431K	437K	370K
Total Current Assets	22.01M	26.35M	28.22M	30.85M	35.25M
Gross Property Plant And Equipment	286M	291M	297M	303M	309M
Accumulated Depreciation	-263M	-266M	-271M	-277M	-281M
Net Property Plant And Equipment	23.61M	25.34M	26.05M	26.41M	28.12M
Long-term Investments	-	-	-	-	-
Other Intangibles, Total	645K	545K	348K	158K	12K
Deferred Tax Assets Long-Term	2.03M	1.39M	786K	789K	481K
Other Long-Term Assets, Total	471K	490K	773K	659K	750K
Total Assets	48.77M	54.11M	56.17M	58.87M	64.61M
Liabilities
Accounts Payable, Total	2.23M	2.41M	2.68M	2.34M	2.22M
Accrued Expenses, Total	5.69M	5.57M	5.69M	6.31M	7.27M
Current Portion of Leases	686K	137K	71K	59K	58K
Current Income Taxes Payable	364K	607K	410K	356K	1.19M
Unearned Revenue Current, Total	387K	-	5K	5K	-
Other Current Liabilities	861K	974K	2M	1.32M	2.46M
Total Current Liabilities	10.21M	9.7M	10.85M	10.39M	13.19M
Long-Term Leases	86K	28K	108K	47K	22K
Deferred Tax Liability Non Current	6K	24K	32K	151K	115K
Total Liabilities	10.3M	9.75M	10.99M	10.59M	13.32M
Common Stock, Total	33.64M	33.64M	30.81M	29.38M	27.74M
Retained Earnings	5.58M	11.74M	15.16M	20.39M	24.31M
Treasury Stock	-	-257K	-18K	-720K	-
Comprehensive Income and Other	-764K	-764K	-764K	-764K	-764K
Total Common Equity	38.46M	44.36M	45.18M	48.28M	51.29M
Total Equity	38.46M	44.36M	45.18M	48.28M	51.29M
Total Liabilities And Equity	48.77M	54.11M	56.17M	58.87M	64.61M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	35.2M	34.91M	34.83M	33.49M	33.35M
ECS Total Common Shares Outstanding	35.2M	34.91M	34.88M	33.7M	33.35M
Book Value / Share	1.09	1.27	1.3	1.43	1.54
Tangible Book Value	37.82M	43.81M	44.84M	48.12M	51.28M
Tangible Book Value Per Share	1.07	1.25	1.29	1.43	1.54
Total Debt	772K	165K	179K	106K	80K
Net Debt	-10.93M	-17.62M	-19.83M	-20.2M	-24.88M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-408K	-457K	-488K	-564K	-668K
Debt Equivalent Oper. Leases	46.47M	91.54M	99.06M	72.45M	83.46M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	7.8M	7.8M	7.8M	7.8M	7.8M
Buildings, Total	3.51M	3.51M	3.51M	3.51M	3.51M
Machinery, Total	271M	278M	285M	291M	298M
Accumulated Allowance for Doubtful Accounts (Supple)	217K	112K	74K	72K	65K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	9.4M	11.22M	3.4M	5.15M	3.87M
Depreciation & Amortization - CF	7.09M	6.12M	5.99M	5.61M	5.53M
Depreciation & Amortization, Total	7.09M	6.12M	5.99M	5.61M	5.53M
Amortization of Deferred Charges, Total - (CF)	165K	197K	208K	198K	152K
(Gain) Loss From Sale Of Asset	-108K	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Provision and Write-off of Bad Debts	31K	-105K	-38K	-2K	-7K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-1.6M	843K	335K	-72K	1.31M
Change In Accounts Receivable	-4.73M	1.62M	541K	-2.15M	25K
Change In Accounts Payable	1.62M	184K	265K	-338K	-122K
Change in Other Net Operating Assets	1.62M	-106K	-296K	855K	1M
Cash from Operations	13.48M	19.97M	10.41M	9.25M	11.76M
Capital Expenditure	-5.52M	-7.84M	-5.4M	-6.73M	-6.12M
Sale of Property, Plant, and Equipment	108K	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-9.02M	6.02M	3M
Cash from Investing	-5.41M	-7.84M	-14.42M	-715K	-3.12M
Short Term Debt Issued, Total	1.61M	-	-	1.92M	-
Total Debt Issued	1.61M	-	-	1.92M	-
Short Term Debt Repaid, Total	-1.61M	-	-	-1.92M	-
Long-Term Debt Repaid, Total	-1.99M	-644K	-179K	-80K	-65K
Total Debt Repaid	-3.6M	-644K	-179K	-2M	-65K
Repurchase of Common Stock	-	-257K	-2.6M	-2.14M	-918K
Common Dividends Paid	-	-5.14M	-	-	-
Common & Preferred Stock Dividends Paid	-	-5.14M	-	-	-
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-65K	-8K	-5K	-12K	-3K
Cash from Financing	-2.06M	-6.05M	-2.78M	-2.23M	-986K
Net Change in Cash	6.02M	6.08M	-6.79M	6.31M	7.65M
Supplemental Items
Cash Interest Paid	65K	8K	5K	12K	3K
Cash Income Tax Paid (Refund)	-	-	-	-	-
Levered Free Cash Flow	5.45M	7.73M	4.41M	-774K	5.43M
Unlevered Free Cash Flow	5.49M	7.74M	4.42M	-766K	5.43M
Change In Net Working Capital	1.06M	-1.77M	-1.57M	2.78M	-3.05M
Net Debt Issued / Repaid	-1.99M	-644K	-179K	-80K	-65K

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	11.28	14.57	3.71	5.1	4.57
Return on Total Capital	13.7	17.89	4.55	6.26	5.66
Return On Equity %	27.82	27.09	7.6	11.01	7.77
Return on Common Equity	27.82	27.09	7.6	11.01	7.77
Margin Analysis
Gross Profit Margin %	31.02	35.03	19.57	22.69	22.09
SG&A Margin	8.51	7.15	9.02	9.69	9.51
EBITDA Margin %	34.09	38.1	20.43	24.65	21.52
EBITA Margin %	19.87	25.86	8.06	11.31	9.74
EBIT Margin %	19.87	25.86	8.06	11.31	9.74
Income From Continuing Operations Margin %	24.26	24.19	8.38	12.4	8.34
Net Income Margin %	24.26	24.19	8.38	12.4	8.34
Net Avail. For Common Margin %	24.26	24.19	8.38	12.4	8.34
Normalized Net Income Margin	12.32	16.33	5.99	8.15	6.93
Levered Free Cash Flow Margin	14.08	16.68	10.87	-1.86	11.71
Unlevered Free Cash Flow Margin	14.19	16.69	10.88	-1.84	11.71
Asset Turnover
Asset Turnover	0.91	0.9	0.74	0.72	0.75
Fixed Assets Turnover	1.61	1.89	1.58	1.58	1.7
Receivables Turnover (Average Receivables)	5.39	5.28	5.22	4.83	4.8
Short Term Liquidity
Current Ratio	2.16	2.72	2.6	2.97	2.67
Quick Ratio	2.08	2.67	2.56	2.93	2.64
Operating Cash Flow to Current Liabilities	1.32	2.06	0.96	0.89	0.89
Days Sales Outstanding (Average Receivables)	67.77	69.15	69.93	75.8	76.04
Average Days Payable Outstanding	19.38	28.11	28.45	28.6	23.01
Long Term Solvency
Total Debt/Equity	2.01	0.37	0.4	0.22	0.16
Total Debt / Total Capital	1.97	0.37	0.39	0.22	0.16
LT Debt/Equity	0.22	0.06	0.24	0.1	0.04
Long-Term Debt / Total Capital	0.22	0.06	0.24	0.1	0.04
Total Liabilities / Total Assets	21.13	18.02	19.56	17.99	20.62
EBIT / Interest Expense	118.37	1.5K	654.4	391.33	1.51K
EBITDA / Interest Expense	227.49	2.26K	1.85K	859.17	3.35K
(EBITDA - Capex) / Interest Expense	142.65	1.28K	772.4	298.33	1.31K
Total Debt / EBITDA	0.05	0.01	0.02	0.01	0.01
Net Debt / EBITDA	-0.74	-0.97	-2.14	-1.96	-2.48
Total Debt / (EBITDA - Capex)	0.08	0.02	0.05	0.03	0.02
Net Debt / (EBITDA - Capex)	-1.18	-1.72	-5.14	-5.64	-6.34
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	69.17	19.73	-12.47	2.3	11.73
Gross Profit, 1 Yr. Growth %	216.07	35.22	-51.1	18.59	8.79
EBITDA, 1 Yr. Growth %	101.99	33.81	-53.07	11.92	-2.46
EBITA, 1 Yr. Growth %	1.22K	55.82	-72.71	43.52	-3.77
EBIT, 1 Yr. Growth %	1.22K	55.82	-72.71	43.52	-3.77
Earnings From Cont. Operations, 1 Yr. Growth %	2.54K	19.39	-69.67	51.29	-24.85
Net Income, 1 Yr. Growth %	2.54K	19.39	-69.67	51.29	-24.85
Normalized Net Income, 1 Yr. Growth %	1.73K	58.71	-67.87	39.18	-5.06
Diluted EPS Before Extra, 1 Yr. Growth %	2.54K	19.92	-69.55	53.52	-22.64
Accounts Receivable, 1 Yr. Growth %	97.15	-15.88	-6.27	28.58	-0.19
Net Property, Plant and Equip., 1 Yr. Growth %	-4.11	7.3	2.81	1.39	6.47
Total Assets, 1 Yr. Growth %	33.57	10.96	3.81	4.79	9.76
Tangible Book Value, 1 Yr. Growth %	32.03	15.86	2.33	7.32	6.55
Common Equity, 1 Yr. Growth %	32.19	15.33	1.86	6.85	6.23
Cash From Operations, 1 Yr. Growth %	105.5	48.07	-47.86	-11.11	27.08
Capital Expenditures, 1 Yr. Growth %	69.74	42.19	-31.09	24.54	-9
Levered Free Cash Flow, 1 Yr. Growth %	72.49	41.81	-42.94	-117.53	-802.33
Unlevered Free Cash Flow, 1 Yr. Growth %	68.06	40.85	-42.93	-117.35	-809.45
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	31.57	42.32	2.37	-5.37	6.91
Gross Profit, 2 Yr. CAGR %	262.55	106.73	-18.68	-23.85	13.58
EBITDA, 2 Yr. CAGR %	77.72	64.4	-20.75	-23.89	4.48
EBITA, 2 Yr. CAGR %	58.57	353.09	-34.79	-37.41	17.52
EBIT, 2 Yr. CAGR %	58.57	353.09	-34.79	-37.41	17.52
Earnings From Cont. Operations, 2 Yr. CAGR %	68.53	461.35	-39.83	-32.26	6.63
Net Income, 2 Yr. CAGR %	68.53	461.35	-39.83	-32.26	6.63
Normalized Net Income, 2 Yr. CAGR %	51.89	438.96	-28.59	-33.13	14.95
Diluted EPS Before Extra, 2 Yr. CAGR %	68.53	462.59	-39.57	-31.63	8.98
Accounts Receivable, 2 Yr. CAGR %	45.59	28.78	-11.2	9.78	13.29
Net Property, Plant and Equip., 2 Yr. CAGR %	-7.82	1.44	5.03	2.1	3.9
Total Assets, 2 Yr. CAGR %	14.36	21.74	7.33	4.3	7.25
Tangible Book Value, 2 Yr. CAGR %	14.98	23.68	8.89	4.8	6.94
Common Equity, 2 Yr. CAGR %	15.76	23.47	8.39	4.32	6.54
Cash From Operations, 2 Yr. CAGR %	41.61	74.44	-12.13	-31.92	6.28
Capital Expenditures, 2 Yr. CAGR %	24.33	55.36	-1.01	-7.36	6.45
Levered Free Cash Flow, 2 Yr. CAGR %	19.2	56.4	-10.04	-68.37	10.95
Unlevered Free Cash Flow, 2 Yr. CAGR %	17.16	53.85	-10.34	-68.54	10.93
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	19.39	27.5	21.03	2.35	0.01
Gross Profit, 3 Yr. CAGR %	122.14	160.97	27.85	-7.78	-14.23
EBITDA, 3 Yr. CAGR %	44.25	61.68	8.25	-8.14	-17.33
EBITA, 3 Yr. CAGR %	26.3	57.65	77.61	-15.17	-27.76
EBIT, 3 Yr. CAGR %	26.3	57.65	77.61	-15.17	-27.76
Earnings From Cont. Operations, 3 Yr. CAGR %	23.49	50.24	112.21	-18.18	-29.88
Net Income, 3 Yr. CAGR %	23.49	50.24	112.21	-18.18	-29.88
Normalized Net Income, 3 Yr. CAGR %	24.77	54.13	110.55	-10.8	-24.84
Diluted EPS Before Extra, 3 Yr. CAGR %	23.49	50.46	112.81	-17.55	-28.76
Accounts Receivable, 3 Yr. CAGR %	20.4	21.26	15.84	0.46	6.35
Net Property, Plant and Equip., 3 Yr. CAGR %	-9.86	-3.03	1.89	3.81	3.54
Total Assets, 3 Yr. CAGR %	2.94	13.21	15.44	6.48	6.09
Tangible Book Value, 3 Yr. CAGR %	3.25	15.27	16.11	8.36	5.38
Common Equity, 3 Yr. CAGR %	3.63	15.61	15.8	7.87	4.96
Cash From Operations, 3 Yr. CAGR %	31.18	43.73	16.63	-11.8	-16.18
Capital Expenditures, 3 Yr. CAGR %	31.78	30.02	18.48	6.86	-7.91
Levered Free Cash Flow, 3 Yr. CAGR %	2.85	26.3	11.76	-47.85	-11.1
Unlevered Free Cash Flow, 3 Yr. CAGR %	2.59	24.58	10.54	-48.15	-11.11
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.97	10.57	12.27	13.16	15.17
Gross Profit, 5 Yr. CAGR %	5.18	15.1	48.61	59.45	21.94
EBITDA, 5 Yr. CAGR %	0.35	8.5	13.52	19.61	8.84
EBITA, 5 Yr. CAGR %	14.83	28.78	-3.04	8.94	50.57
EBIT, 5 Yr. CAGR %	14.83	28.78	-3.04	8.94	50.57
Earnings From Cont. Operations, 5 Yr. CAGR %	18.83	31.56	-7.37	9.24	61.14
Net Income, 5 Yr. CAGR %	20.29	34.93	-7.37	9.24	61.14
Normalized Net Income, 5 Yr. CAGR %	14.65	29.11	-0.19	10.37	65.28
Diluted EPS Before Extra, 5 Yr. CAGR %	18.94	31.76	-7.21	9.75	62.83
Accounts Receivable, 5 Yr. CAGR %	7.35	3.56	6.6	16.53	14.81
Net Property, Plant and Equip., 5 Yr. CAGR %	-8.63	-6.27	-4.17	-1.01	2.69
Total Assets, 5 Yr. CAGR %	-2.63	0.89	4.67	9.56	12.09
Tangible Book Value, 5 Yr. CAGR %	-4.31	-0.23	5.47	10.96	12.35
Common Equity, 5 Yr. CAGR %	-4.11	-0.15	5.51	10.96	12
Cash From Operations, 5 Yr. CAGR %	2.94	13.83	11.75	6.59	12.38
Capital Expenditures, 5 Yr. CAGR %	-6.52	3.54	17.53	13.53	13.52
Levered Free Cash Flow, 5 Yr. CAGR %	6.32	19.78	-2.51	-27.41	11.43
Unlevered Free Cash Flow, 5 Yr. CAGR %	6.41	19.69	-2.79	-28.16	10.7
Dividend Per Share, 5 Yr. CAGR %	1.4	-	-	-	-