Income Statement Topmix

Stocks

0302

MYQ0302OO008

Home Furnishings

Market Closed - BURSA MALAYSIA 04:50:02 2026-08-27 EDT			5-day change	1st Jan Change
0.3850 ^MYR	0.00%		0.00%	-14.44%

08-20	Topmix Berhad Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
08-20	Topmix Berhad Announces Single Tier Interim Dividend for the Financial Year Ending 31 December 2026, Payable on 02 October 2026	CI

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Published financial data: TOPMIX

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Revenues	38.59M	65.79M	72.68M	92.93M	106M
Total Revenues	38.59M	65.79M	72.68M	92.93M	106M
Cost of Goods Sold, Total	25.24M	43.08M	46.68M	57.22M	62.64M
Gross Profit	13.36M	22.71M	26M	35.71M	43.3M
Selling General & Admin Expenses, Total	5.96M	9.26M	11.83M	17.03M	17.99M
Provision for Bad Debts	-	-	-	23.89K	-792
Other Operating Expenses	600K	870K	994K	649K	-861K
Other Operating Expenses, Total	6.56M	10.13M	12.83M	17.7M	17.13M
Operating Income	6.8M	12.58M	13.17M	18.01M	26.16M
Interest Expense, Total	-795K	-1.24M	-1.24M	-1.35M	-1.25M
Interest And Investment Income	8K	21K	-	-	-
Net Interest Expenses	-787K	-1.22M	-1.24M	-1.35M	-1.25M
Income (Loss) On Equity Invest.	-	-	-	-161K	-320K
Currency Exchange Gains (Loss)	-41K	-24K	-	-	-
EBT, Excl. Unusual Items	5.97M	11.34M	11.93M	16.5M	24.6M
Gain (Loss) On Sale Of Investments	44K	-17K	-	-	-
Gain (Loss) On Sale Of Assets	-	148K	-	-	-
Asset Writedown	-311K	-	-	-	-
Insurance Settlements	-	2K	-	-	-
Other Unusual Items	161K	155K	-	-631	-
EBT, Incl. Unusual Items	5.87M	11.62M	11.93M	16.5M	24.6M
Income Tax Expense	1.45M	3.1M	3.54M	4.93M	6.87M
Earnings From Continuing Operations	4.42M	8.53M	8.39M	11.57M	17.73M
Net Income to Company	4.42M	8.53M	8.39M	11.57M	17.73M
Minority Interest	-	-	-	4.5K	-97.7K
Net Income - (IS)	4.42M	8.53M	8.39M	11.57M	17.63M
Net Income to Common Incl Extra Items	4.42M	8.53M	8.39M	11.57M	17.63M
Net Income to Common Excl. Extra Items	4.42M	8.53M	8.39M	11.57M	17.63M
Per Share Items
Net EPS - Basic	6.31	12.18	0.03	0.03	0.04
Basic EPS - Continuing Operations	6.31	12.18	0.03	0.03	0.04
Basic Weighted Average Shares Outstanding	700K	700K	311M	368M	394M
Net EPS - Diluted	6.31	12.17	0.03	0.03	0.04
Diluted EPS - Continuing Operations	6.31	12.17	0.03	0.03	0.04
Diluted Weighted Average Shares Outstanding	700K	700K	311M	368M	394M
Normalized Basic EPS	5.33	10.12	0.02	0.03	0.04
Normalized Diluted EPS	5.33	10.12	0.02	0.03	0.04
Dividend Per Share	-	-	0	0.01	0.01
Payout Ratio	12	-	8.34	11.1	20.1
Supplemental Items
EBITDA	7.41M	13.41M	14.04M	18.98M	27.53M
EBITA	6.8M	12.58M	13.17M	18.01M	26.16M
EBIT	6.8M	12.58M	13.17M	18.01M	26.16M
EBITDAR	7.42M	13.42M	14.07M	19.1M	27.84M
Effective Tax Rate - (Ratio)	24.72	26.65	29.67	29.9	27.92
Total Current Taxes	1.47M	3.19M	3.63M	5.12M	7.08M
Total Deferred Taxes	-20.83K	-93.46K	-93.36K	-187K	-210K
Normalized Net Income	3.73M	7.09M	7.46M	10.32M	15.28M
Interest on Long-Term Debt	44.58K	51.56K	62.85K	138K	240K
Supplemental Operating Expense Items
Marketing Expenses	761K	1.04M	-	-	-
Selling and Marketing Expenses	1.44M	2.23M	2.64M	4.67M	4.55M
General and Administrative Expenses	4.51M	7.02M	9.17M	12.24M	13.13M
Net Rental Expense, Total	1.75K	6.76K	27.41K	119K	314K
Imputed Operating Lease Interest Expense	528	2.56K	10.71K	47.83K	121K
Imputed Operating Lease Depreciation	1.22K	4.2K	16.7K	71.33K	193K
Maintenance & Repair Expenses, Total	416K	777K	-	-	-

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Assets
Cash And Equivalents	1.07M	5.56M	7.79M	11.79M	23.71M
Short Term Investments	465K	526K	494K	11.26M	12.94M
Total Cash And Short Term Investments	1.54M	6.08M	8.28M	23.06M	36.65M
Accounts Receivable, Total	11.58M	12.53M	13.68M	17.02M	21.37M
Other Receivables	46.24K	-	1.19K	1.62M	5.9K
Total Receivables	11.62M	12.53M	13.68M	18.64M	21.38M
Inventory	8.97M	11.96M	15.66M	23.47M	26.43M
Prepaid Expenses	918K	242K	1.01M	631K	1.55M
Other Current Assets, Total	457K	472K	1.21M	11.73M	801K
Total Current Assets	23.51M	31.28M	39.85M	77.52M	86.81M
Gross Property Plant And Equipment	29.63M	30.64M	33.3M	35.04M	40.15M
Accumulated Depreciation	-3.6M	-4.2M	-5.29M	-6.69M	-8.98M
Net Property Plant And Equipment	26.03M	26.43M	28.02M	28.36M	31.17M
Long-term Investments	49.05K	31.9K	22K	140K	-
Other Intangibles, Total	-	-	-	-	310K
Deferred Tax Assets Long-Term	88.3K	134K	210K	391K	620K
Other Long-Term Assets, Total	2.44M	2.4M	2.36M	2.32M	2.8M
Total Assets	52.11M	60.28M	70.46M	109M	122M
Liabilities
Accounts Payable, Total	1.21M	1.99M	2.64M	2.94M	3.92M
Accrued Expenses, Total	858K	1.47M	2.12M	2.27M	2.88M
Short-term Borrowings	4.67M	3.07M	3.63M	4.65M	4.18M
Current Portion of Long-Term Debt	1.12M	1.04M	1.13M	1.18M	910K
Current Portion of Leases	246K	276K	342K	942K	1.13M
Current Income Taxes Payable	644K	1.07M	827K	1.37M	1.73M
Other Current Liabilities	521K	595K	1.31M	834K	2.27M
Total Current Liabilities	9.27M	9.51M	12M	14.18M	17.01M
Long-Term Debt	20.76M	19.85M	19.65M	18.87M	14.2M
Long-Term Leases	440K	797K	1.01M	2.46M	3.06M
Deferred Tax Liability Non Current	77.21K	29.09K	11.77K	6.4K	25.52K
Total Liabilities	30.55M	30.19M	32.67M	35.51M	34.3M
Common Stock, Total	-	20	31.11M	55.51M	55.51M
Retained Earnings	20.87M	29.4M	37.09M	47.37M	61.46M
Comprehensive Income and Other	700K	700K	-30.41M	-30.41M	-30.41M
Total Common Equity	21.57M	30.1M	37.79M	72.47M	86.56M
Minority Interest	-	-	-	746K	843K
Total Equity	21.57M	30.1M	37.79M	73.22M	87.4M
Total Liabilities And Equity	52.11M	60.28M	70.46M	109M	122M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	700K	311M	394M	394M	394M
ECS Total Common Shares Outstanding	700K	-	311M	394M	394M
Book Value / Share	30.81	-	0.12	0.18	0.22
Tangible Book Value	21.57M	30.1M	37.79M	72.47M	86.25M
Tangible Book Value Per Share	30.81	-	0.12	0.18	0.22
Total Debt	27.24M	25.03M	25.76M	28.1M	23.48M
Net Debt	25.7M	18.95M	17.48M	5.04M	-13.16M
Debt Equivalent Oper. Leases	14K	54.08K	219K	953K	2.52M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	746K	843K
Equity Method Investments, Total	-	-	-	140K	-
Account Code - Inventory Valuation	-	5	5	5	5
Inventories - Raw Materials, Total	-	210K	206K	1.23M	1.15M
Inventories - Finished Goods, Total	8.97M	11.75M	15.46M	22.24M	25.28M
Land - (BS)	7.22M	7.22M	7.22M	3.58M	3.58M
Buildings, Total	-	-	-	-	909K
Machinery, Total	3.54M	4.4M	4.69M	8.44M	10.64M
Full Time Employees	-	-	93	121	140
Accumulated Allowance for Doubtful Accounts (Supple)	99.64K	48.96K	65.44K	89.33K	88.54K

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Net Income	4.42M	8.53M	8.39M	11.57M	17.63M
Depreciation & Amortization - CF	816K	1.03M	1.13M	1.45M	2.5M
Depreciation & Amortization, Total	816K	1.03M	1.13M	1.45M	2.5M
(Gain) Loss From Sale Of Asset	276	-148K	-27K	15K	-2.46M
(Gain) Loss on Sale of Investments - (CF)	-43.55K	17.15K	-15.6K	-58.75K	-135K
Asset Writedown & Restructuring Costs	311K	-	361	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	161K	320K
Provision and Write-off of Bad Debts	-114K	-59.68K	18.03K	24.32K	-8.15K
Other Operating Activities, Total	525K	334K	-356K	-222K	376K
Change In Accounts Receivable	-4.6M	-232K	-2.64M	-4.11M	-3.78M
Change In Inventories	124K	-3.01M	-3.75M	-7.64M	-3.14M
Change In Accounts Payable	-283K	1.58M	1.69M	-28.09K	2.96M
Cash from Operations	1.15M	8.04M	4.45M	1.16M	14.27M
Capital Expenditure	-2.45M	-635K	-76.12K	-2.57M	-2.62M
Sale of Property, Plant, and Equipment	40K	148K	27K	1.76K	6.1M
Sale (Purchase) of Intangible assets	-	-	-	-	-310K
Investment in Marketable and Equity Securities, Total	209K	-	25.5K	-396K	-
Other Investing Activities, Total	-1.1M	5.73K	-673K	-7.14M	7.95M
Cash from Investing	-3.3M	-482K	-696K	-10.1M	11.13M
Short Term Debt Issued, Total	9.24M	9.72M	12.5M	13.79M	12.94M
Long-Term Debt Issued, Total	-	1.5M	-	383K	-
Total Debt Issued	9.24M	11.22M	12.5M	14.17M	12.94M
Short Term Debt Repaid, Total	-8.75M	-8.48M	-11.81M	-12.77M	-13.4M
Long-Term Debt Repaid, Total	-1.13M	-2.87M	-1.38M	-1.82M	-7.26M
Total Debt Repaid	-9.88M	-11.35M	-13.19M	-14.59M	-20.66M
Issuance of Common Stock	-	20	-	25.64M	-
Common Dividends Paid	-530K	-	-700K	-1.28M	-3.54M
Common & Preferred Stock Dividends Paid	-530K	-	-700K	-1.28M	-3.54M
Other Financing Activities, Total	75K	-	-	-491K	-797K
Cash from Financing	-1.09M	-132K	-1.39M	23.45M	-12.07M
Net Change in Cash	-3.24M	7.43M	2.36M	14.51M	13.33M
Supplemental Items
Cash Interest Paid	795K	1.24M	1.24M	1.35M	1.25M
Cash Income Tax Paid (Refund)	964K	2.76M	3.88M	4.58M	6.26M
Levered Free Cash Flow	-2.06M	6.16M	3.91M	-13.09M	15.34M
Unlevered Free Cash Flow	-1.57M	6.93M	4.69M	-12.25M	16.12M
Change In Net Working Capital	4.18M	1.33M	4.6M	22.39M	-194K
Net Debt Issued / Repaid	-640K	-132K	-691K	-415K	-7.72M

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Profitability
Return on Assets	9.68	13.99	12.59	12.57	14.19
Return on Total Capital	10.45	15.13	13.87	13.66	15.41
Return On Equity %	22.51	33.01	24.72	20.84	22.08
Return on Common Equity	22.51	33.01	24.72	20.99	22.17
Margin Analysis
Gross Profit Margin %	34.61	34.51	35.77	38.43	40.87
SG&A Margin	15.43	14.07	16.28	18.32	16.98
EBITDA Margin %	19.21	20.39	19.32	20.42	25.98
EBITA Margin %	17.63	19.12	18.12	19.38	24.7
EBIT Margin %	17.63	19.12	18.12	19.38	24.7
Income From Continuing Operations Margin %	11.45	12.96	11.55	12.45	16.74
Net Income Margin %	11.45	12.96	11.55	12.45	16.64
Net Avail. For Common Margin %	11.45	12.96	11.55	12.45	16.64
Normalized Net Income Margin	9.68	10.77	10.26	11.1	14.42
Levered Free Cash Flow Margin	-5.34	9.36	5.38	-14.09	14.48
Unlevered Free Cash Flow Margin	-4.06	10.54	6.45	-13.18	15.22
Asset Turnover
Asset Turnover	0.88	1.17	1.11	1.04	0.92
Fixed Assets Turnover	1.97	2.51	2.67	3.3	3.56
Receivables Turnover (Average Receivables)	3.96	5.46	5.55	6.06	5.52
Inventory Turnover (Average Inventory)	2.79	4.12	3.38	2.92	2.51
Short Term Liquidity
Current Ratio	2.54	3.29	3.32	5.47	5.1
Quick Ratio	1.42	1.96	1.83	2.94	3.41
Operating Cash Flow to Current Liabilities	0.12	0.85	0.37	0.08	0.84
Days Sales Outstanding (Average Receivables)	92.16	66.87	65.81	60.44	66.14
Days Outstanding Inventory (Average Inventory)	131	88.64	107.97	125.15	145.37
Average Days Payable Outstanding	22.15	12.67	16.77	15.7	19.07
Cash Conversion Cycle (Average Days)	201.01	142.84	157	169.9	192.44
Long Term Solvency
Total Debt/Equity	126.29	83.16	68.18	38.38	26.87
Total Debt / Total Capital	55.81	45.4	40.54	27.73	21.18
LT Debt/Equity	98.3	68.6	54.67	29.13	19.75
Long-Term Debt / Total Capital	43.44	37.45	32.51	21.05	15.57
Total Liabilities / Total Assets	58.61	50.08	46.37	32.66	28.18
EBIT / Interest Expense	8.56	10.15	10.62	13.33	21.01
EBITDA / Interest Expense	9.58	10.98	11.53	14.41	23.02
(EBITDA - Capex) / Interest Expense	6.5	10.47	11.47	12.5	20.92
Total Debt / EBITDA	3.58	1.84	1.8	1.44	0.82
Net Debt / EBITDA	3.37	1.39	1.22	0.26	-0.46
Total Debt / (EBITDA - Capex)	5.27	1.93	1.81	1.66	0.9
Net Debt / (EBITDA - Capex)	4.97	1.46	1.23	0.3	-0.51
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	40.24	70.46	10.47	27.87	13.99
Gross Profit, 1 Yr. Growth %	45.98	69.98	10.71	37.36	21.24
EBITDA, 1 Yr. Growth %	77.27	80.9	2.51	35.14	45.06
EBITA, 1 Yr. Growth %	95.2	84.92	2.38	36.76	45.25
EBIT, 1 Yr. Growth %	95.2	84.92	2.38	36.76	45.25
Earnings From Cont. Operations, 1 Yr. Growth %	87.07	93	-1.59	37.85	53.28
Net Income, 1 Yr. Growth %	87.07	93	-1.59	37.91	52.38
Normalized Net Income, 1 Yr. Growth %	99.68	89.75	2.63	38.37	48.07
Diluted EPS Before Extra, 1 Yr. Growth %	87.24	92.87	-99.78	16.43	42.58
Accounts Receivable, 1 Yr. Growth %	46.28	8.24	9.16	24.42	25.59
Inventory, 1 Yr. Growth %	-1.89	33.26	31	49.86	12.6
Net Property, Plant and Equip., 1 Yr. Growth %	97.72	1.57	5.98	1.22	9.93
Total Assets, 1 Yr. Growth %	45.68	15.68	16.88	54.32	11.93
Tangible Book Value, 1 Yr. Growth %	21.99	39.53	25.56	91.79	19.01
Common Equity, 1 Yr. Growth %	21.99	39.53	25.56	91.79	19.44
Cash From Operations, 1 Yr. Growth %	-613.79	597.14	-44.71	-73.82	1.13K
Capital Expenditures, 1 Yr. Growth %	386.14	-74.06	-88.02	3.28K	1.75
Levered Free Cash Flow, 1 Yr. Growth %	-	-398.45	-38.25	-434.62	-374.38
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-542.63	-34.07	-361.25	-439.59
Dividend Per Share, 1 Yr. Growth %	-	-	-	681.25	33.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	54.61	37.23	18.85	20.73
Gross Profit, 2 Yr. CAGR %	-	57.52	39.51	23.32	29.04
EBITDA, 2 Yr. CAGR %	-	79.08	37.61	17.7	40.01
EBITA, 2 Yr. CAGR %	-	89.99	39.15	18.33	40.94
EBIT, 2 Yr. CAGR %	-	89.99	39.15	18.33	40.94
Earnings From Cont. Operations, 2 Yr. CAGR %	-	90.01	37.81	16.47	45.36
Net Income, 2 Yr. CAGR %	-	90.01	37.81	16.49	44.96
Normalized Net Income, 2 Yr. CAGR %	-	94.65	41.31	19.17	43.13
Diluted EPS Before Extra, 2 Yr. CAGR %	-	90.03	-93.46	-94.92	28.84
Accounts Receivable, 2 Yr. CAGR %	-	25.83	8.7	16.54	25
Inventory, 2 Yr. CAGR %	-	14.34	32.13	40.11	29.9
Net Property, Plant and Equip., 2 Yr. CAGR %	-	41.71	3.75	3.57	5.48
Total Assets, 2 Yr. CAGR %	-	29.81	16.27	34.3	31.43
Tangible Book Value, 2 Yr. CAGR %	-	30.47	32.36	55.18	51.08
Common Equity, 2 Yr. CAGR %	-	30.47	32.36	55.18	51.35
Cash From Operations, 2 Yr. CAGR %	-	498.49	96.33	-61.95	79.15
Capital Expenditures, 2 Yr. CAGR %	-	12.3	-82.37	101.17	486.28
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	37.71	43.76	98.03
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	73.01	31.25	85.44
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	222.75
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	38.22	34.03	17.21
Gross Profit, 3 Yr. CAGR %	-	-	41.63	38.79	22.62
EBITDA, 3 Yr. CAGR %	-	-	49.74	36.79	26.19
EBITA, 3 Yr. CAGR %	-	-	55.77	38.35	26.7
EBIT, 3 Yr. CAGR %	-	-	55.77	38.35	26.7
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	52.59	37.83	27.64
Net Income, 3 Yr. CAGR %	-	-	52.59	37.84	27.4
Normalized Net Income, 3 Yr. CAGR %	-	-	58.57	40.32	28.11
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-80	-82.93	-84.56
Accounts Receivable, 3 Yr. CAGR %	-	-	20.01	13.7	19.48
Inventory, 3 Yr. CAGR %	-	-	19.64	37.79	30.27
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	28.63	2.9	5.65
Total Assets, 3 Yr. CAGR %	-	-	25.35	27.78	26.39
Tangible Book Value, 3 Yr. CAGR %	-	-	28.81	49.78	42.04
Common Equity, 3 Yr. CAGR %	-	-	28.81	49.78	42.21
Cash From Operations, 3 Yr. CAGR %	-	-	170.56	0.3	21.07
Capital Expenditures, 3 Yr. CAGR %	-	-	-46.74	1.64	60.28
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	85.14	34.3
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	98.5	31.38
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	30.94
Gross Profit, 5 Yr. CAGR %	-	-	-	-	36.46
EBITDA, 5 Yr. CAGR %	-	-	-	-	45.77
EBITA, 5 Yr. CAGR %	-	-	-	-	49.66
EBIT, 5 Yr. CAGR %	-	-	-	-	49.66
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	49.66
Net Income, 5 Yr. CAGR %	-	-	-	-	49.49
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	52.21
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-57.86
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	21.98
Inventory, 5 Yr. CAGR %	-	-	-	-	23.65
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	18.82
Total Assets, 5 Yr. CAGR %	-	-	-	-	27.75
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	37.29
Common Equity, 5 Yr. CAGR %	-	-	-	-	37.39
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	129.43
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	39.02