Davis Commodities Limited
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $184.2M | $132.4M | $190.7M | $206.7M | $194.2M |
| Cost of Revenue | $181.3M | $130.0M | $183.7M | $193.8M | $182.0M |
| Gross Profit | $2.9M | $2.3M | $7.0M | $12.9M | $12.2M |
| Gross Margin | 1.6% | 1.8% | 3.7% | 6.2% | 6.3% |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | $6.4M | $4.3M | $3.4M | $2.3M | $1.9M |
| Operating Income | $-5.2M | $-3.7M | $1.1M | $5.3M | $5.0M |
| Operating Margin | -2.8% | -2.8% | 0.6% | 2.6% | 2.6% |
| Interest Expense | $433.0K | $129.0K | $110.0K | $33.0K | $48.0K |
| Pretax Income | — | — | — | — | — |
| Income Tax Expense | $0 | $178.0K | $149.0K | $920.0K | $901.0K |
| Net Income | $-5.0M | $-3.5M | $1.1M | $4.6M | $4.7M |
| Net Margin | -2.7% | -2.7% | 0.6% | 2.2% | 2.4% |
| EPS (Basic) | — | $-0.14 | $0.04 | $0.20 | $0.04 |
| EPS (Diluted) | — | $-0.14 | $0.04 | $0.20 | $0.04 |
| Shares Outstanding (Basic) | — | 24.5M | 24.5M | 23.3M | 24.5M |
| Shares Outstanding (Diluted) | — | 24.5M | 24.5M | 23.3M | 24.5M |
| Dividends Per Share | — | — | — | — | — |