Financial Year Ended 31 December 2023 2022 2021 2020 2019
No. of Months 12 months
Audited
12 months
Audited
12 months
Audited
12 months
Audited
12 months
Audited
Key Financials          
Revenue (RM'000) 149,681 107,281 79,759 47,538 37,212
Gross Profit (GP) (RM'000) 104,797 78,032 53,359 25,160 6,834
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) (1) (RM'000) 94,042 69,605 47,847 19,681 2,821
Profit Before Taxation (PBT) (RM'000) 82,348 56,317 40,936 17,621 2,186
Profit After Taxation (PAT) (RM'000) 63,196 40,587 29,237 12,669 1,570
PAT Attributable to Owners of The Company (RM'000) 63,279 40,587 29,237 12,669 1,570
Total Assets (RM'000) 437,991 391,902 163,118 109,428 70,994
Total Equity (RM'000) 344,004 285,824 53,920 30,683 17,764
 
Key Ratios          
GP Margin (2) (%) 70.0 72.7 66.9 52.9 18.4
EBITDA Margin (3) (%) 62.8 64.9 60.0 41.4 7.6
PBT Margin (4) (%) 55.0 52.5 51.3 37.1 5.9
PAT Margin (5) (%) 42.2 37.8 36.7 26.7 4.2
Basic Earnings Per Share (sen) 6.15 (6) 23.00 (6) 730.93 (7) 1.232 (6) 0.153 (6)
Diluted Earnings Per Share (sen) 6.01(8) 20.15(8) 730.93(7) 1.232(6) 0.153(6)

Notes:

(1) EBITDA is calculated as PAT plus: (i) tax expense; (ii) finance costs; and (iii) depreciation and amortisation, less (iv) finance income.
(2) Computed based on GP divided by revenue.
(3) Computed based on EBITDA divided by revenue.
(4) Computed based on PBT divided by revenue.
(5) Computed based on PAT divided by revenue.
(6) Based on weighted average number of issued share capital of 837,446,400 ordinary shares after the restructuring but before the IPO and 1,028,000,000 ordinary shares after the completion of the IPO.
(7) Based on weighted average number of issued share capital of 4,000,000 ordinary shares before restructuring and IPO.
(8) Effect of dilution includes the effect of the employee share option which were granted with a quotation of 25,000,000 ordinary shares on 13 December 2022. As of the date of this report, no share options have been exercised.

* Please read this section in conjunction with ITMAX System Berhad's Prospectus dated 25 November 2022.