Income Statement MSMLTD Singapore S.E.

Stocks

5QR

SG2B09957087

Industrial Machinery & Equipment

Market Closed - Singapore S.E. Other stock markets 04:21:48 2026-06-17 EDT			5-day change	1st Jan Change
0.2000 ^SGD	-4.76%		0.00%	-25.93%

05-29	MSM International Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
04-21	MSM International sells 2% stake in Cosmos for 2 million RGT	RE

246f47ac26bdf8cf0d18b.FIyqDi9Q_a8nSeHhttCcvy1DURdNUUEtiUpfDC2wuz0.JOT1OUAZyPZNAYSpz5Lr10cEYnMZYxMasDk2fkfe_QlGuONZeh_J1Utkjg

Published financial data: MSMLTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	60.26M	78.9M	81.53M	90.42M	82.28M
Total Revenues	60.26M	78.9M	81.53M	90.42M	82.28M
Cost of Goods Sold, Total	52.78M	60.52M	60.81M	70.15M	60.68M
Gross Profit	7.48M	18.39M	20.72M	20.27M	21.6M
Selling General & Admin Expenses, Total	17.07M	16.22M	17.42M	18.28M	19.09M
Other Operating Expenses, Total	17.07M	16.22M	17.42M	18.28M	19.09M
Operating Income	-9.59M	2.17M	3.3M	1.99M	2.51M
Interest Expense, Total	-3.52M	-3.24M	-3.52M	-3.62M	-3.6M
Interest And Investment Income	25K	20K	24K	35K	33K
Net Interest Expenses	-3.5M	-3.22M	-3.5M	-3.58M	-3.56M
Income (Loss) On Equity Invest.	2.01M	2.08M	1.06M	607K	-2.58M
Currency Exchange Gains (Loss)	-58K	-102K	-72K	-129K	-58K
Other Non Operating Income (Expenses)	1.26M	1.04M	754K	862K	980K
EBT, Excl. Unusual Items	-9.88M	1.98M	1.54M	-256K	-2.7M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-177K	-377K	-3.64M	564K	14.45M
Gain (Loss) On Sale Of Assets	5K	1.89M	54K	145K	-248K
Insurance Settlements	394K	516K	2.78M	415K	-
Other Unusual Items	44K	32K	-	-	-
EBT, Incl. Unusual Items	-9.61M	4.03M	731K	868K	11.5M
Income Tax Expense	390K	265K	99K	467K	377K
Earnings From Continuing Operations	-10M	3.77M	632K	401K	11.12M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-10M	3.77M	632K	401K	11.12M
Minority Interest	-145K	-236K	34K	-24K	-9K
Net Income - (IS)	-10.14M	3.53M	666K	377K	11.11M
Net Income to Common Incl Extra Items	-10.14M	3.53M	666K	377K	11.11M
Net Income to Common Excl. Extra Items	-10.14M	3.53M	666K	377K	11.11M
Per Share Items
Net EPS - Basic	-0.39	0.13	0.03	0.01	0.42
Basic EPS - Continuing Operations	-0.39	0.13	0.03	0.01	0.42
Basic Weighted Average Shares Outstanding	26.35M	26.35M	26.35M	26.35M	26.35M
Net EPS - Diluted	-0.39	0.13	0.03	0.01	0.42
Diluted EPS - Continuing Operations	-0.39	0.13	0.03	0.01	0.42
Diluted Weighted Average Shares Outstanding	26.35M	26.35M	26.35M	26.35M	26.35M
Normalized Basic EPS	-0.24	0.04	0.04	-0.01	-0.06
Normalized Diluted EPS	-0.24	0.04	0.04	-0.01	-0.06
Supplemental Items
EBITDA	-7.15M	4.02M	5.01M	3.55M	4.05M
EBITA	-9.59M	2.17M	3.3M	1.99M	2.51M
EBIT	-9.59M	2.17M	3.3M	1.99M	2.51M
EBITDAR	-7M	4.15M	5.56M	4.72M	5.01M
Effective Tax Rate - (Ratio)	-4.06	6.57	13.54	53.8	3.28
Current Domestic Taxes	301K	265K	52K	467K	377K
Total Current Taxes	301K	265K	52K	467K	377K
Total Deferred Taxes	89K	-	47K	-	-
Normalized Net Income	-6.32M	998K	995K	-184K	-1.7M
Interest on Long-Term Debt	718K	582K	455K	468K	445K
Supplemental Operating Expense Items
Selling and Marketing Expenses	3.58M	3.62M	4.04M	3.79M	3.98M
General and Administrative Expenses	13.49M	12.6M	13.38M	14.5M	15.11M
Net Rental Expense, Total	151K	128K	555K	1.17M	960K
Imputed Operating Lease Interest Expense	54.41K	44.42K	240K	560K	477K
Imputed Operating Lease Depreciation	96.59K	83.58K	315K	614K	483K
Maintenance & Repair Expenses, Total	1.47M	1.45M	1.97M	1.92M	1.95M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	11.71M	11.32M	9.23M	7.42M	16.56M
Short Term Investments	1.29M	2M	2.02M	2.03M	6.72M
Total Cash And Short Term Investments	13M	13.32M	11.26M	9.45M	23.28M
Accounts Receivable, Total	20.54M	23.98M	20.37M	22.24M	26.45M
Other Receivables	8.06M	10.45M	4.72M	2.06M	2.54M
Total Receivables	28.59M	34.42M	25.08M	24.3M	28.99M
Inventory	11M	9.72M	10.04M	9.32M	9.4M
Prepaid Expenses	2.93M	3.05M	3.16M	5.94M	6.75M
Other Current Assets, Total	1.92M	2.18M	1.16M	-	-
Total Current Assets	57.44M	62.7M	50.7M	49M	68.42M
Gross Property Plant And Equipment	93.56M	76.89M	75.4M	70.97M	76.06M
Accumulated Depreciation	-39.06M	-34.9M	-32.56M	-32.19M	-32.62M
Net Property Plant And Equipment	54.5M	41.99M	42.84M	38.78M	43.44M
Long-term Investments	7.82M	9.9M	13.82M	14.43M	-
Other Long-Term Assets, Total	3.62M	3.56M	3.5M	5.54M	5.48M
Total Assets	123M	118M	111M	108M	117M
Liabilities
Accounts Payable, Total	9.56M	11.4M	11.41M	9.28M	10.41M
Accrued Expenses, Total	1.89M	2.55M	3.19M	3.71M	4.27M
Short-term Borrowings	35.61M	32.53M	27M	28.5M	27.58M
Current Portion of Long-Term Debt	3.18M	2.24M	2.64M	2.73M	2.86M
Current Portion of Leases	4.7M	3.53M	2.83M	2.4M	2.41M
Other Current Liabilities	3.34M	2.68M	2.04M	1.62M	2.29M
Total Current Liabilities	58.28M	54.92M	49.12M	48.24M	49.81M
Long-Term Debt	29.79M	26.02M	23.58M	20.97M	18.95M
Long-Term Leases	6.79M	4.93M	5.31M	5.29M	4.22M
Deferred Tax Liability Non Current	96K	96K	143K	143K	143K
Total Liabilities	94.96M	85.98M	78.15M	74.64M	73.12M
Common Stock, Total	30.16M	30.16M	30.16M	30.16M	30.16M
Retained Earnings	-2.49M	1.04M	1.71M	2.08M	13.11M
Comprehensive Income and Other	-61K	-35K	-122K	-132K	-56K
Total Common Equity	27.61M	31.16M	31.74M	32.11M	43.22M
Minority Interest	822K	1.01M	975K	999K	1.01M
Total Equity	28.43M	32.17M	32.72M	33.11M	44.22M
Total Liabilities And Equity	123M	118M	111M	108M	117M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	26.35M	26.35M	26.35M	26.35M	26.35M
ECS Total Common Shares Outstanding	26.35M	26.35M	26.35M	26.35M	26.35M
Book Value / Share	1.05	1.18	1.2	1.22	1.64
Tangible Book Value	27.61M	31.16M	31.74M	32.11M	43.22M
Tangible Book Value Per Share	1.05	1.18	1.2	1.22	1.64
Total Debt	80.07M	69.25M	61.36M	59.9M	56.01M
Net Debt	67.07M	55.93M	50.11M	50.45M	32.73M
Debt Equivalent Oper. Leases	1.21M	1.02M	4.44M	9.39M	7.68M
Minority Interest, Total (Incl. Fin. Div)	822K	1.01M	975K	999K	1.01M
Equity Method Investments, Total	7.82M	9.9M	13.82M	14.43M	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	1.85M	2.62M	2.17M	2.3M	2.63M
Inventories - Work In Process, Total	3.87M	2.83M	2.84M	2.85M	3.24M
Inventories - Finished Goods, Total	5.29M	4.27M	5.03M	4.16M	3.53M
Land - (BS)	44.37M	33.29M	32.78M	29.62M	30.34M
Machinery, Total	42.4M	38.72M	37.11M	35.51M	38.35M
Accumulated Allowance for Doubtful Accounts (Supple)	3.76M	3.05M	2.46M	1.9M	209K

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-10.14M	3.53M	666K	377K	11.11M
Depreciation & Amortization - CF	5.5M	4.41M	4.12M	3.46M	3.43M
Depreciation & Amortization, Total	5.5M	4.41M	4.12M	3.46M	3.43M
(Gain) Loss From Sale Of Asset	-5K	-1.89M	-54K	-145K	248K
(Gain) Loss on Sale of Investments - (CF)	-	-	-3.2M	-	-14.32M
Asset Writedown & Restructuring Costs	37K	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-2.01M	-2.08M	-1.06M	-607K	2.58M
Other Operating Activities, Total	1.88M	1.84M	1.81M	1.89M	1.67M
Change In Accounts Receivable	-69K	-6.81M	10.36M	1.89M	-4.59M
Change In Inventories	3.57M	457K	-319K	727K	-475K
Change In Accounts Payable	1.17M	10.68M	265K	616K	2.5M
Change in Other Net Operating Assets	770K	-3.44M	-3M	-3.4M	-1.22M
Cash from Operations	690K	6.7M	9.58M	4.81M	945K
Capital Expenditure	-1.91M	-420K	-3.15M	-1.68M	-7.8M
Sale of Property, Plant, and Equipment	5K	170K	2.07M	876K	1.01M
Divestitures	-	138K	-	-	337K
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	21.24M
Other Investing Activities, Total	-	-	346K	-	-
Cash from Investing	-1.91M	-112K	-738K	-807K	14.79M
Long-Term Debt Issued, Total	7.53M	-	-	-	739K
Total Debt Issued	7.53M	-	-	-	739K
Long-Term Debt Repaid, Total	-5.88M	-4.62M	-6.38M	-6.1M	-5.32M
Total Debt Repaid	-5.88M	-4.62M	-6.38M	-6.1M	-5.32M
Issuance of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-2.07M	-1.88M	-1.91M	-1.85M	-1.76M
Cash from Financing	-419K	-6.5M	-8.29M	-7.96M	-6.34M
Net Change in Cash	-1.64M	87K	549K	-3.96M	9.39M
Supplemental Items
Cash Interest Paid	3.52M	3.24M	3.52M	3.62M	3.6M
Cash Income Tax Paid (Refund)	592K	399K	54K	413K	440K
Levered Free Cash Flow	649K	227K	10.76M	-1.39M	-8.27M
Unlevered Free Cash Flow	2.85M	2.25M	12.97M	870K	-6.02M
Change In Net Working Capital	-5.26M	3.1M	-9.94M	2.15M	3.22M
Net Debt Issued / Repaid	1.65M	-4.62M	-6.38M	-6.1M	-4.58M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-4.76	1.12	1.8	1.14	1.4
Return on Total Capital	-5.37	1.29	2.11	1.33	1.63
Return On Equity %	-29.91	12.44	1.95	1.22	28.76
Return on Common Equity	-31.04	12.02	2.12	1.18	29.5
Margin Analysis
Gross Profit Margin %	12.41	23.3	25.41	22.42	26.25
SG&A Margin	28.33	20.56	21.37	20.22	23.2
EBITDA Margin %	-11.86	5.1	6.14	3.92	4.93
EBITA Margin %	-15.92	2.75	4.04	2.2	3.05
EBIT Margin %	-15.92	2.75	4.04	2.2	3.05
Income From Continuing Operations Margin %	-16.59	4.78	0.78	0.44	13.52
Net Income Margin %	-16.83	4.48	0.82	0.42	13.5
Net Avail. For Common Margin %	-16.83	4.48	0.82	0.42	13.5
Normalized Net Income Margin	-10.48	1.27	1.22	-0.2	-2.06
Levered Free Cash Flow Margin	1.08	0.29	13.2	-1.54	-10.05
Unlevered Free Cash Flow Margin	4.73	2.85	15.91	0.96	-7.32
Asset Turnover
Asset Turnover	0.48	0.65	0.71	0.83	0.73
Fixed Assets Turnover	1.09	1.64	1.92	2.22	2
Receivables Turnover (Average Receivables)	2.84	3.55	3.68	4.24	3.38
Inventory Turnover (Average Inventory)	4.13	5.84	6.15	7.25	6.48
Short Term Liquidity
Current Ratio	0.99	1.14	1.03	1.02	1.37
Quick Ratio	0.71	0.87	0.74	0.7	1.05
Operating Cash Flow to Current Liabilities	0.01	0.12	0.19	0.1	0.02
Days Sales Outstanding (Average Receivables)	128.46	102.96	99.26	86.23	107.99
Days Outstanding Inventory (Average Inventory)	88.42	62.49	59.32	50.5	56.3
Average Days Payable Outstanding	65.04	64.56	68.1	54.54	59.12
Cash Conversion Cycle (Average Days)	151.83	100.89	90.48	82.2	105.18
Long Term Solvency
Total Debt/Equity	281.67	215.25	187.55	180.9	126.65
Total Debt / Total Capital	73.8	68.28	65.22	64.4	55.88
LT Debt/Equity	128.68	96.22	88.29	79.32	52.38
Long-Term Debt / Total Capital	33.71	30.52	30.71	28.24	23.11
Total Liabilities / Total Assets	76.96	72.77	70.49	69.27	62.31
EBIT / Interest Expense	-2.72	0.67	0.94	0.55	0.7
EBITDA / Interest Expense	-1.16	2.03	2.1	1.51	1.65
(EBITDA - Capex) / Interest Expense	-1.71	1.9	1.21	1.04	-0.52
Total Debt / EBITDA	-19.53	10.52	8.27	10.99	9.42
Net Debt / EBITDA	-16.36	8.5	6.76	9.26	5.5
Total Debt / (EBITDA - Capex)	-13.32	11.24	14.4	15.91	-30.16
Net Debt / (EBITDA - Capex)	-11.16	9.08	11.76	13.4	-17.62
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-19.34	30.94	3.33	10.9	-9
Gross Profit, 1 Yr. Growth %	-17.86	145.85	12.69	-2.17	6.56
EBITDA, 1 Yr. Growth %	-25.46	-156.25	24.57	-28.78	14.23
EBITA, 1 Yr. Growth %	-21.54	-122.6	52.08	-39.24	26.47
EBIT, 1 Yr. Growth %	-21.54	-122.6	52.08	-39.24	26.47
Earnings From Cont. Operations, 1 Yr. Growth %	9.31	-137.69	-83.23	-36.55	2.67K
Net Income, 1 Yr. Growth %	10.01	-134.83	-81.15	-43.39	2.85K
Normalized Net Income, 1 Yr. Growth %	-15.19	-115.8	-0.38	-118.5	823.37
Diluted EPS Before Extra, 1 Yr. Growth %	1.98	-134.83	-81.15	-43.4	2.85K
Accounts Receivable, 1 Yr. Growth %	-6.12	16.73	-15.04	9.19	18.92
Inventory, 1 Yr. Growth %	-24.51	-11.6	3.28	-7.24	0.97
Net Property, Plant and Equip., 1 Yr. Growth %	-2.1	-22.96	2.03	-9.48	12.02
Total Assets, 1 Yr. Growth %	-3.85	-4.24	-6.16	-2.81	8.9
Tangible Book Value, 1 Yr. Growth %	-26.87	12.89	1.86	1.16	34.58
Common Equity, 1 Yr. Growth %	-26.87	12.89	1.86	1.16	34.58
Cash From Operations, 1 Yr. Growth %	-78.52	871.45	42.89	-49.8	-80.35
Capital Expenditures, 1 Yr. Growth %	-80.79	-78.02	650.95	-46.64	363.64
Levered Free Cash Flow, 1 Yr. Growth %	-108.85	-65.09	4.65K	-112.95	494.41
Unlevered Free Cash Flow, 1 Yr. Growth %	-154.41	-21.01	476.08	-93.28	-792.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-14.4	2.77	16.32	7.05	0.46
Gross Profit, 2 Yr. CAGR %	-41.26	42.11	66.45	5	2.1
EBITDA, 2 Yr. CAGR %	10.99	-35.25	-16.29	-6.07	-9.8
EBITA, 2 Yr. CAGR %	129.47	-57.89	-41.38	-4.27	-12.34
EBIT, 2 Yr. CAGR %	129.47	-57.89	-41.38	-4.27	-12.34
Earnings From Cont. Operations, 2 Yr. CAGR %	812.83	-35.81	-74.86	-67.38	319.46
Net Income, 2 Yr. CAGR %	90.27	-38.1	-74.38	-67.33	308.45
Normalized Net Income, 2 Yr. CAGR %	638.34	-63.39	-60.32	-57.07	30.7
Diluted EPS Before Extra, 2 Yr. CAGR %	1.63K	-40.4	-74.38	-67.33	308.45
Accounts Receivable, 2 Yr. CAGR %	-5.82	4.69	-0.41	-3.69	13.95
Inventory, 2 Yr. CAGR %	-28.08	-18.31	-4.45	-2.12	-3.22
Net Property, Plant and Equip., 2 Yr. CAGR %	16.84	-13.16	-11.34	-3.9	0.69
Total Assets, 2 Yr. CAGR %	6.09	-4.05	-5.21	-4.5	2.88
Tangible Book Value, 2 Yr. CAGR %	-20.55	-9.14	7.23	1.51	16.68
Common Equity, 2 Yr. CAGR %	-20.55	-9.14	7.23	1.51	16.68
Cash From Operations, 2 Yr. CAGR %	-59.3	44.44	272.57	-15.31	-68.59
Capital Expenditures, 2 Yr. CAGR %	-7.01	-79.45	28.47	100.18	57.29
Levered Free Cash Flow, 2 Yr. CAGR %	-61.13	-82.42	307.22	147.78	-12.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	-31.65	-34.44	113.32	-37.84	-31.81
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-12.36	-1.37	2.96	14.48	1.41
Gross Profit, 3 Yr. CAGR %	-32.07	-5.33	31.53	39.42	5.51
EBITDA, 3 Yr. CAGR %	-2.07	-11.51	-19.47	-20.83	0.26
EBITA, 3 Yr. CAGR %	32.74	5.97	-35.4	-40.83	5.05
EBIT, 3 Yr. CAGR %	32.74	5.97	-35.4	-40.83	5.05
Earnings From Cont. Operations, 3 Yr. CAGR %	153.31	215.51	-58.97	-65.77	43.43
Net Income, 3 Yr. CAGR %	89.89	8.03	-58.35	-66.63	46.51
Normalized Net Income, 3 Yr. CAGR %	72.35	105.01	-48.89	-69.23	19.39
Diluted EPS Before Extra, 3 Yr. CAGR %	144.59	370.43	-59.39	-66.63	46.51
Accounts Receivable, 3 Yr. CAGR %	-6.94	1.17	-2.35	2.69	3.32
Inventory, 3 Yr. CAGR %	-19.82	-22.96	-11.67	-5.39	-1.1
Net Property, Plant and Equip., 3 Yr. CAGR %	10.92	1.69	-8.36	-10.73	1.14
Total Assets, 3 Yr. CAGR %	-1.44	2.53	-4.76	-4.42	-0.23
Tangible Book Value, 3 Yr. CAGR %	-14.43	-10.68	-5.61	5.17	11.51
Common Equity, 3 Yr. CAGR %	-14.43	-10.68	-5.61	5.17	11.51
Cash From Operations, 3 Yr. CAGR %	-54.6	17.18	43.92	91	-47.95
Capital Expenditures, 3 Yr. CAGR %	55.36	-42.51	-31.81	-4.15	164.85
Levered Free Cash Flow, 3 Yr. CAGR %	-	-62.49	13.65	28.94	231.7
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-28.27	35.28	-32.67	38.82
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-1.85	1.92	1.95
Gross Profit, 5 Yr. CAGR %	-	-	-2.78	-1.33	18.86
EBITDA, 5 Yr. CAGR %	-	-	-8.03	-9.37	-15.83
EBITA, 5 Yr. CAGR %	-	-	-4.28	1.75	-27.13
EBIT, 5 Yr. CAGR %	-	-	-4.28	1.75	-27.13
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	0.54	27.29	3.98
Net Income, 5 Yr. CAGR %	-	-	-14.78	-33.05	3.8
Normalized Net Income, 5 Yr. CAGR %	-	-	-4.22	9.69	-25.59
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-0.8	61.86	2.24
Accounts Receivable, 5 Yr. CAGR %	-	-	-4.38	-0.8	3.87
Inventory, 5 Yr. CAGR %	-	-	-13.99	-15.22	-8.38
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	1.41	-0.58	-4.84
Total Assets, 5 Yr. CAGR %	-	-	-2.97	-0.34	-1.77
Tangible Book Value, 5 Yr. CAGR %	-	-	-6.35	-5.99	2.74
Common Equity, 5 Yr. CAGR %	-	-	-6.35	-5.99	2.74
Cash From Operations, 5 Yr. CAGR %	-	-	5.37	2.91	-21.71
Capital Expenditures, 5 Yr. CAGR %	-	-	43.99	-5.3	-4.74
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-20.18	2.43
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-32.26	2.83