Also trades as: CLILF (OTC) · $vol 0M

S$2.47 ($1.93)

-0.05 (-1.98%)

Weekly Expected Move ±2.4%

S$2 S$2 S$2 S$3 S$3

SES · Real Estate · Real Estate - Services · Tech Score Sell · Power 35 · S$12.3B mcap · 4.77B float · 0.238% daily turnover

Revenue

$2.1B -24.2% ▼

5Y CAGR: +1.5%

Gross Profit

$1.0B -20.9% ▼

5Y CAGR: +2.8%

Operating Income

$466M -29.5% ▼

5Y CAGR: -0.2%

Net Income

$145M -69.7% ▼

EPS (Diluted)

$0.03 -69.2% ▼

EBITDA

$735M -48.3% ▼

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.3B	$2.9B	$2.8B	$2.8B	$2.1B
YoY Growth	+15.6%	+25.4%	-3.2%	+1.1%	-24.2%
Cost of Revenue	$1.2B	$1.6B	$1.5B	$1.6B	$1.1B
Gross Profit	$1.1B	$1.3B	$2.8B	$1.3B	$1.0B
Gross Margin	46.1%	44.9%	100.0%	44.9%	46.9%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$763M	$490M	$497M	$168M	$146M
Operating Expenses	$1.2B	$1M	$2.1B	$604M	$535M
Operating Income	$1.1B	$1.3B	$689M	$661M	$466M
Operating Margin	47.6%	44.8%	24.7%	23.5%	21.8%
Interest Expense	$353M	$453M	$488M	$507M	$323M
Income Before Tax	$2.0B	$1.4B	$474M	$774M	$281M
Tax Expense	$396M	$318M	$141M	$80M	$111M
Net Income	$1.3B	$861M	$181M	$479M	$145M
Net Margin	58.8%	29.9%	6.5%	17.0%	6.8%
EPS (Diluted)	$0.26	$0.17	$0.03	$0.09	$0.03
EBITDA	$802M	$1.0B	$1.2B	$1.4B	$735M
Shares Outstanding	5.14B	5.21B	5.18B	5.09B	5.05B

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$682M	$725M	$1.5B	$520M	$520M	$1.1B	$509M	$1.1B
Cost of Revenue	$790M	$0	$900M	$0	$0	$693M	$0	$618M
Gross Profit	-$108M	$725M	$618M	$520M	$520M	$454M	$509M	$439M
Gross Margin	-15.8%	100.0%	40.7%	100.0%	100.0%	39.6%	100.0%	41.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$116M	$152M	$245M	$111M	$111M	$0	$124M	$0
Operating Expenses	$436M	$640M	$245M	$386M	$386M	$128M	$388M	$123M
Operating Income	$460M	$84M	$373M	$134M	$134M	$326M	$121M	$316M
Operating Margin	67.4%	11.7%	24.6%	25.7%	25.7%	28.4%	23.8%	29.9%
Interest Expense	$0	$110M	$0	$70M	$70M	$162M	$0	$149M
Income Before Tax	$246M	$141M	$282M	$176M	$176M	-$72M	$184M	$367M
Tax Expense	$38M	$2M	$3M	$24M	$24M	$62M	$10M	$19M
Net Income	$166M	$74M	$148M	$144M	$144M	-$142M	$164M	$327M
Net Margin	24.2%	10.2%	9.7%	27.6%	27.6%	-12.4%	32.1%	30.9%
EPS (Diluted)	$0.03	$0.01	$0.03	$0.03	$0.03	$-0.03	$0.03	$0.06
EBITDA	$528M	$202M	$445M	$0	$344M	$154M	$0	$581M
Shares Outstanding	5.13B	5.04B	5.05B	5.05B	5.05B	4.99B	5.06B	5.06B

9CI.SI SES