Singapore Technologies Engineering Ltd

SGGKY

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

8,344

Cost of Revenue

6,735

Gross Profit

1,609

Gross Margin

19.3%

Operating Income

744

Operating Margin

8.9%

Net Income

520

Net Margin

6.2%

EPS (Basic)

$2.30

EPS (Diluted)

$2.20

EBITDA

1,202

EBITDA Margin

14.4%

2023

12/31/2023

Revenue

7,475

Cost of Revenue

6,015

Gross Profit

1,460

Gross Margin

19.5%

Operating Income

622

Operating Margin

8.3%

Net Income

434

Net Margin

5.8%

EPS (Basic)

$1.90

EPS (Diluted)

$1.90

EBITDA

1,096

EBITDA Margin

14.7%

2022

12/31/2022

Revenue

6,686

Cost of Revenue

5,429

Gross Profit

1,257

Gross Margin

18.8%

Operating Income

492

Operating Margin

7.4%

Net Income

396

Net Margin

5.9%

EPS (Basic)

$1.70

EPS (Diluted)

$1.70

EBITDA

926

EBITDA Margin

13.9%

2021

12/31/2021

Revenue

5,693

Cost of Revenue

4,557

Gross Profit

1,136

Gross Margin

20.0%

Operating Income

478

Operating Margin

8.4%

Net Income

422

Net Margin

7.4%

EPS (Basic)

$1.80

EPS (Diluted)

$1.80

EBITDA

800

EBITDA Margin

14.0%

2020

12/31/2020

Revenue

5,297

Cost of Revenue

4,167

Gross Profit

1,130

Gross Margin

21.3%

Operating Income

422

Operating Margin

8.0%

Net Income

386

Net Margin

7.3%

EPS (Basic)

$1.70

EPS (Diluted)

$1.70

EBITDA

712

EBITDA Margin

13.4%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	8,344	7,475	6,686	5,693	5,297
Cost of Revenue	6,735	6,015	5,429	4,557	4,167
Gross Profit	1,609	1,460	1,257	1,136	1,130
Gross Margin	19.3%	19.5%	18.8%	20.0%	21.3%
Operating Income	744	622	492	478	422
Operating Margin	8.9%	8.3%	7.4%	8.4%	8.0%
Net Income	520	434	396	422	386
Net Margin	6.2%	5.8%	5.9%	7.4%	7.3%
EPS (Basic)	$2.30	$1.90	$1.70	$1.80	$1.70
EPS (Diluted)	$2.20	$1.90	$1.70	$1.80	$1.70
EBITDA	1,202	1,096	926	800	712
EBITDA Margin	14.4%	14.7%	13.9%	14.0%	13.4%