S$0.95 ($0.74)

+0.01 (+1.06%)

Weekly Expected Move ±5.1%

S$1 S$1 S$1 S$1 S$1

SES · Real Estate · Real Estate - Development · Tech Score Strong Sell · Power 39 · S$1.1B mcap · 119M float · 0.0058% daily turnover

Analysis Technicals Weather Peers

Revenue

$318M +12.2% ▲

5Y CAGR: -0.1%

Gross Profit

$136M +3.0% ▲

5Y CAGR: -6.2%

Operating Income

$97M +65.8% ▲

5Y CAGR: -4.5%

Net Income

$93M +642.8% ▲

5Y CAGR: -11.1%

EPS (Diluted)

$0.08 +627.8% ▲

5Y CAGR: -14.3%

EBITDA

$221M +77.6% ▲

5Y CAGR: +10.7%

View Full Income Statement

Line Item	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$204M	$589M	$427M	$283M	$318M
YoY Growth	-36.1%	+188.9%	-27.4%	-33.8%	+12.2%
Cost of Revenue	$32M	$348M	$221M	$151M	$182M
Gross Profit	$172M	$241M	$206M	$132M	$136M
Gross Margin	84.3%	41.0%	48.2%	46.6%	42.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$35M	$46M	$60M	$65M	$69M
Operating Expenses	$30M	$40M	$39M	$73M	$39M
Operating Income	$142M	$201M	$167M	$58M	$97M
Operating Margin	69.4%	34.2%	39.1%	20.6%	30.5%
Interest Expense	$0	$28M	$45M	$76M	$89M
Income Before Tax	$126M	$203M	$196M	$28M	$113M
Tax Expense	$25M	$72M	$58M	$15M	$23M
Net Income	$103M	$121M	$131M	$13M	$93M
Net Margin	50.6%	20.6%	30.7%	4.4%	29.3%
EPS (Diluted)	$0.09	$0.09	$0.10	$0.01	$0.08
EBITDA	$151M	$244M	$260M	$124M	$221M
Shares Outstanding	1.16B	1.33B	1.33B	1.16B	1.18B

Line Item	FY2024 Q1	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2026 Q1	FY2026 Q2
Revenue	$86M	$86M	$72M	$72M	$77M	$77M	$68M	$68M
Cost of Revenue	$50M	$50M	$40M	$40M	$48M	$48M	$42M	$42M
Gross Profit	$37M	$37M	$32M	$32M	$29M	$29M	$27M	$27M
Gross Margin	42.3%	42.3%	44.3%	44.3%	37.9%	37.9%	38.9%	38.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$17M	$17M	$18M	$18M	$16M	$16M	$17M	$17M
Operating Expenses	$13M	$13M	$7M	$7M	$15M	$15M	$60M	$60M
Operating Income	$24M	$24M	$25M	$25M	$14M	$14M	-$33M	-$33M
Operating Margin	27.2%	27.2%	34.4%	34.4%	18.4%	18.4%	-48.3%	-48.3%
Interest Expense	$10M	$10M	$11M	$11M	$11M	$11M	$0	$0
Income Before Tax	$16M	$16M	$40M	$40M	$17M	$17M	-$43M	-$43M
Tax Expense	$9M	$9M	$3M	$3M	$3M	$3M	$1M	$1M
Net Income	$6M	$6M	$41M	$41M	$9M	$9M	-$46M	-$46M
Net Margin	6.9%	6.9%	56.0%	56.0%	12.3%	12.3%	-67.9%	-67.9%
EPS (Diluted)	$0.00	$0.00	$0.04	$0.04	$0.01	$0.01	$-0.04	$-0.04
EBITDA	-$280K	-$280K	$64M	$64M	-$5M	-$5M	-$15M	-$15M
Shares Outstanding	1.30B	1.30B	1.13B	1.13B	1.13B	1.13B	1.13B	1.13B

ADN.SI SES