Income Statement Asdion

Stocks

0068

MYQ0068OO005

Air Freight & Logistics

Market Closed - BURSA MALAYSIA 06:59:44 13/07/26 pm AEST			5-day change	1st Jan Change
0.005000 ^MYR	-50.00%		-.--%	-75.00%

28/05	Asdion Berhad Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2026	CI
23/04	Asdion served with writs of summons by Malaysia government on 22 April	RE

8040.Y45u4gKgPNKaMBEjOgM5duwIXdEwhFs3PusyGp_IlaU.G94jpG73S7PKckQVCWxBR61ZEKVpzS55bacDVui8rOlbuVa9dvJIufhFUA

Published financial data: ASDION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020	2021	2022	2024	2025
Revenues	3.79M	4.33M	3.84M	4.59M	23.63M
Total Revenues	3.79M	4.33M	3.84M	4.59M	23.63M
Cost of Goods Sold, Total	3.78M	4.2M	3.51M	4.45M	19.8M
Gross Profit	3.66K	130K	327K	148K	3.82M
Selling General & Admin Expenses, Total	6.67M	1.59M	2.92M	2.56M	3.74M
Provision for Bad Debts	-	-	-	1.57M	-
Depreciation & Amortization - (IS)	1.26M	156K	90.64K	76.52K	209K
Other Operating Expenses	170K	561K	1.59M	1.15M	-1.96M
Other Operating Expenses, Total	8.1M	2.31M	4.6M	5.35M	1.99M
Operating Income	-8.09M	-2.18M	-4.27M	-5.2M	1.84M
Interest Expense, Total	-228K	-111K	-159K	-57.25K	-499K
Interest And Investment Income	128K	2.2K	2.73K	7.07K	5.48K
Net Interest Expenses	-101K	-108K	-157K	-50.18K	-494K
Income (Loss) On Equity Invest.	-200K	-	-	-	-
Currency Exchange Gains (Loss)	929	22	749	800	1.39K
Other Non Operating Income (Expenses)	-	-	33.83K	-311	-6.91M
EBT, Excl. Unusual Items	-8.39M	-2.29M	-4.4M	-5.25M	-5.57M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	347K	-	-
Gain (Loss) On Sale Of Assets	-	-	-	109K	4.86M
Asset Writedown	100K	-	-	-	-
Legal Settlements	4.25M	-	-	-66.49K	-21.16K
Other Unusual Items	-	-	-	13K	-
EBT, Incl. Unusual Items	-4.04M	-2.29M	-4.05M	-5.2M	-729K
Income Tax Expense	-27.75K	-82.19K	-	-	14.67K
Earnings From Continuing Operations	-4.02M	-2.21M	-4.05M	-5.2M	-744K
Net Income to Company	-4.02M	-2.21M	-4.05M	-5.2M	-744K
Minority Interest	-905K	-23.15K	-	33	-5.08M
Net Income - (IS)	-4.92M	-2.23M	-4.05M	-5.2M	-5.82M
Net Income to Common Incl Extra Items	-4.92M	-2.23M	-4.05M	-5.2M	-5.82M
Net Income to Common Excl. Extra Items	-4.92M	-2.23M	-4.05M	-5.2M	-5.82M
Per Share Items
Net EPS - Basic	-0.04	-0.02	-0.02	-0.01	-0.02
Basic EPS - Continuing Operations	-0.04	-0.02	-0.02	-0.01	-0.02
Basic Weighted Average Shares Outstanding	128M	130M	218M	408M	357M
Net EPS - Diluted	-0.04	-0.02	-0.02	-0.01	-0.02
Diluted EPS - Continuing Operations	-0.04	-0.02	-0.02	-0.01	-0.02
Diluted Weighted Average Shares Outstanding	128M	130M	218M	408M	357M
Normalized Basic EPS	-0.05	-0.01	-0.01	-0.01	-0.02
Normalized Diluted EPS	-0.05	-0.01	-0.01	-0.01	-0.02
Supplemental Items
EBITDA	-7.51M	-2.11M	-4.26M	-5.19M	1.96M
EBITA	-8.09M	-2.18M	-4.27M	-5.2M	1.84M
EBIT	-8.09M	-2.18M	-4.27M	-5.2M	1.84M
EBITDAR	-7.45M	-2.06M	-4.25M	-7.78M	2.54M
Effective Tax Rate - (Ratio)	0.69	3.59	-	-	-2.01
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-47.75K	-82.19K	-	-	-
Total Deferred Taxes	20K	-	-	-	-
Normalized Net Income	-6.15M	-1.45M	-2.75M	-3.28M	-8.56M
Interest on Long-Term Debt	101K	88.79K	120K	85.88K	19.21K
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	5.62M	829K	2.69M	2.17M	2.24M
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	57.72K	52.32K	6.06K	7.57K	211K
Imputed Operating Lease Interest Expense	85.63K	38.64K	8.44K	-	-
Imputed Operating Lease Depreciation	-27.9K	13.68K	-2.39K	-	-

Fiscal Period: September	2020	2021	2022	2024	2025
Assets
Cash And Equivalents	123K	205K	106K	53.41K	158K
Short Term Investments	451K	26.19K	25.58K	26.13K	-91.22K
Total Cash And Short Term Investments	574K	231K	132K	79.54K	67.19K
Accounts Receivable, Total	504K	549K	2.75M	174K	1.26M
Other Receivables	1.31M	314K	1.25M	592K	8.83M
Total Receivables	1.81M	864K	4M	766K	10.09M
Inventory	-	-	-	-	-
Prepaid Expenses	1.83M	207K	261K	15.71K	72.84K
Restricted Cash	138K	140K	143K	147K	86.95K
Other Current Assets, Total	124K	2.8M	1M	1M	1M
Total Current Assets	4.48M	4.24M	5.53M	2.01M	11.32M
Gross Property Plant And Equipment	10.19M	10.4M	10.42M	7.02M	12.39M
Accumulated Depreciation	-9.83M	-10.19M	-10.26M	-7M	-8.67M
Net Property Plant And Equipment	363K	217K	161K	21.59K	3.72M
Long-term Investments	2.91M	1.21M	1.56M	1.36M	11.01M
Goodwill	4.25M	4.25M	3.19M	2.39M	9.08M
Other Intangibles, Total	-	-	-	-	-
Deferred Charges Long-Term	-	8.24M	26.72M	26.72M	26.72M
Other Long-Term Assets, Total	2.5M	2.5M	2.5M	2.5M	2.5M
Total Assets	14.5M	20.65M	39.66M	35M	64.34M
Liabilities
Accounts Payable, Total	1.13M	4.59M	3.65M	788K	1.95M
Accrued Expenses, Total	557K	1.12M	669K	1.65M	-
Short-term Borrowings	-	-	-	-	1.2M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	1.16M	937K	725K	13.58K	164K
Current Income Taxes Payable	182K	100K	100K	100K	14.67K
Other Current Liabilities	7.08M	5.62M	23.18M	5.02M	10.38M
Total Current Liabilities	10.12M	12.36M	28.33M	7.57M	13.71M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	187K	111K	54.29K	5.91K	-
Deferred Tax Liability Non Current	20K	20K	20K	20K	20K
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	10.33M	12.5M	28.4M	7.6M	13.73M
Preferred Stock Convertible	2.7M	3.79M	-	-	16.6M
Total Preferred Equity	2.7M	3.79M	-	-	16.6M
Common Stock, Total	3.5M	9.1M	17.34M	41.25M	41.25M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-2.24M	-4.74M	-6.09M	-13.88M	-8.91M
Comprehensive Income and Other	-	-	-	-	-648K
Total Common Equity	1.26M	4.37M	11.26M	27.37M	31.7M
Minority Interest	206K	-	-	30.48K	2.32M
Total Equity	4.17M	8.16M	11.26M	27.41M	50.61M
Total Liabilities And Equity	14.5M	20.65M	39.66M	35M	64.34M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	128M	225M	225M	511M	511M
ECS Total Common Shares Outstanding	128M	225M	225M	511M	511M
Book Value / Share	0.01	0.02	0.05	0.05	0.06
Tangible Book Value	-2.98M	118K	8.07M	24.99M	22.62M
Tangible Book Value Per Share	-0.02	0	0.04	0.05	0.04
Total Debt	1.35M	1.05M	779K	19.48K	1.37M
Net Debt	776K	816K	648K	-60.05K	1.3M
Debt Equivalent Oper. Leases	462K	419K	48.45K	-	-
Minority Interest, Total (Incl. Fin. Div)	206K	-	-	30.48K	2.32M
Equity Method Investments, Total	994K	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Finished Goods, Total	-	-	-	-	-
Land - (BS)	-	-	-	-	2.8M
Buildings, Total	-	-	-	-	580K
Machinery, Total	5.24M	5.45M	5.45M	4.1M	6.05M
Accumulated Allowance for Doubtful Accounts (Supple)	2.7M	2.54M	2.99M	5.35M	2.71M

Fiscal Period: September	2020	2021	2022	2024	2025
Net Income	-4.92M	-2.23M	-4.05M	-5.2M	3.31M
Depreciation & Amortization - CF	1.26M	156K	90.64K	76.52K	139K
Depreciation & Amortization, Total	1.26M	156K	90.64K	76.52K	139K
Amortization of Deferred Charges, Total - (CF)	535	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-	-	-100K	-7.38M
(Gain) Loss on Sale of Investments - (CF)	387K	1.69M	-347K	554K	-
Asset Writedown & Restructuring Costs	-64.5K	-	1.06M	535K	-
(Income) Loss On Equity Investments - (CF)	200K	-	-	-	-
Provision and Write-off of Bad Debts	53.18K	-161K	570K	1.57M	-1.76M
Other Operating Activities, Total	2.6M	140K	82.1K	152K	1.63M
Change In Accounts Receivable	-1.45M	398K	-1.92M	2.73M	3.91M
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	3.08M	367K	17.36M	-13.4M	2.21M
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	1.14M	364K	12.85M	-13.08M	2.06M
Capital Expenditure	-44.99K	-10.34K	-580	-8.64K	-152K
Sale of Property, Plant, and Equipment	-	-	-	50K	63.88K
Cash Acquisitions	-	-500K	-	-	53.36K
Divestitures	-	-	-	-	667
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-8.16K	-	4	-424K	-
Other Investing Activities, Total	-10.54K	-8.24M	-21.01M	66.85K	43.68K
Cash from Investing	-63.7K	-8.75M	-21.01M	-316K	9.38K
Short Term Debt Issued, Total	-	3.28M	1.34M	-	635K
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	3.28M	1.34M	-	424K
Short Term Debt Repaid, Total	-887K	-	-	-2.96M	-1.81M
Long-Term Debt Repaid, Total	-208K	-411K	-303K	-727K	-32.25K
Total Debt Repaid	-1.1M	-411K	-303K	-2.46M	-1.23M
Issuance of Common Stock	-	2.8M	6.06M	12.33M	-
Issuance of Preferred Stock	-	2.8M	1.09M	3.61M	-
Other Financing Activities, Total	-126K	-7.78K	-125K	-124K	-347K
Cash from Financing	-1.22M	8.46M	8.06M	13.36M	-1.15M
Foreign Exchange Rate Adjustments	-	-	-	-	-847K
Net Change in Cash	-142K	82.17K	-99.26K	-35.08K	70K
Supplemental Items
Cash Interest Paid	126K	5.94K	125K	124K	347K
Cash Income Tax Paid (Refund)	15.08K	-	-	-	-
Levered Free Cash Flow	-1.89M	1.49M	14.63M	-	-
Unlevered Free Cash Flow	-1.75M	1.56M	14.72M	-	-
Change In Net Working Capital	-2.09M	-2.77M	-17.31M	-	-
Net Debt Issued / Repaid	-1.1M	2.87M	1.04M	-2.46M	-808K

Fiscal Period: September	2020	2021	2022	2024	2025
Profitability
Return on Assets	-34.18	-7.76	-9.25	-	-
Return on Total Capital	-68.27	-18.52	-25.15	-	-
Return On Equity %	-65.01	-35.81	-41.71	-	-
Return on Common Equity	-132.16	-79.24	-51.83	-	-
Margin Analysis
Gross Profit Margin %	0.1	2.99	8.51	3.21	16.19
SG&A Margin	176.09	36.79	76.06	55.65	15.82
EBITDA Margin %	-198.31	-48.7	-110.93	-113.05	8.3
EBITA Margin %	-213.76	-50.37	-111.36	-113.23	7.77
EBIT Margin %	-213.76	-50.37	-111.36	-113.23	7.77
Income From Continuing Operations Margin %	-106.07	-50.98	-105.49	-113.09	-3.15
Net Income Margin %	-129.98	-51.51	-105.49	-113.09	-24.64
Net Avail. For Common Margin %	-129.98	-51.51	-105.49	-113.09	-24.64
Normalized Net Income Margin	-162.47	-33.58	-71.58	-71.44	-36.23
Levered Free Cash Flow Margin	-50.04	34.38	381.08	-	-
Unlevered Free Cash Flow Margin	-46.27	35.97	383.67	-	-
Asset Turnover
Asset Turnover	0.26	0.25	0.13	-	-
Fixed Assets Turnover	4.66	14.94	20.3	-	-
Receivables Turnover (Average Receivables)	5.75	8.22	2.33	-	-
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	0.44	0.34	0.2	0.27	0.83
Quick Ratio	0.24	0.09	0.15	0.11	0.74
Operating Cash Flow to Current Liabilities	0.11	0.03	0.45	-1.73	0.15
Days Sales Outstanding (Average Receivables)	63.65	44.4	156.88	-	-
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	153.36	248.65	296.91	-	-
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	32.37	12.85	6.92	0.07	2.71
Total Debt / Total Capital	24.45	11.38	6.48	0.07	2.63
LT Debt/Equity	4.49	1.36	0.48	0.02	-
Long-Term Debt / Total Capital	3.39	1.2	0.45	0.02	-
Total Liabilities / Total Assets	71.24	60.51	71.61	21.7	21.34
EBIT / Interest Expense	-35.43	-19.71	-26.84	-90.85	3.68
EBITDA / Interest Expense	-29.92	-18.29	-26.27	-89.52	3.96
(EBITDA - Capex) / Interest Expense	-30.11	-18.39	-26.27	-89.67	3.65
Total Debt / EBITDA	-0.2	-0.52	-0.19	-0	0.69
Net Debt / EBITDA	-0.11	-0.4	-0.15	0.01	0.66
Total Debt / (EBITDA - Capex)	-0.2	-0.51	-0.19	-0	0.75
Net Debt / (EBITDA - Capex)	-0.11	-0.4	-0.15	0.01	0.71
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-70.61	14.35	-11.36	-	-
Gross Profit, 1 Yr. Growth %	-99.92	3.44K	152.16	-	-
EBITDA, 1 Yr. Growth %	326.94	-71.92	101.89	-	-
EBITA, 1 Yr. Growth %	109.99	-73.06	95.97	-	-
EBIT, 1 Yr. Growth %	109.99	-73.06	95.97	-	-
Earnings From Cont. Operations, 1 Yr. Growth %	13.96	-45.04	83.44	-	-
Net Income, 1 Yr. Growth %	94.07	-54.68	81.53	-	-
Normalized Net Income, 1 Yr. Growth %	263.74	-76.36	88.95	-	-
Diluted EPS Before Extra, 1 Yr. Growth %	84.93	-55.49	6.9	-	-
Accounts Receivable, 1 Yr. Growth %	-38	8.97	400.63	-	-
Inventory, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-71.23	-40.23	-25.71	-	-
Total Assets, 1 Yr. Growth %	-4.03	42.46	118.78	-	-
Tangible Book Value, 1 Yr. Growth %	-256.71	-103.96	6.73K	-	-
Common Equity, 1 Yr. Growth %	-79.57	245.59	157.85	-	-
Cash From Operations, 1 Yr. Growth %	-175.82	268.14	-494.55	-	-
Capital Expenditures, 1 Yr. Growth %	-93.19	-77.01	-94.39	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-	-182.62	-1.51K	-	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-193.91	-1.62K	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-42.03	0.68	-	115.64
Gross Profit, 2 Yr. CAGR %	-	-83.02	845.07	-	154.84
EBITDA, 2 Yr. CAGR %	-	9.5	-24.7	-	-28.87
EBITA, 2 Yr. CAGR %	-	-24.78	-27.33	-	-31.32
EBIT, 2 Yr. CAGR %	-	-24.78	-27.33	-	-31.32
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-20.86	0.41	-	-55.33
Net Income, 2 Yr. CAGR %	-	-6.22	-9.3	-	24.99
Normalized Net Income, 2 Yr. CAGR %	-	-7.28	-33.17	-	91.7
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-9.24	-30.49	-	39.87
Accounts Receivable, 2 Yr. CAGR %	-	-17.8	133.57	-	-23.27
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-58.53	-33.36	-	253.05
Total Assets, 2 Yr. CAGR %	-	16.93	65.4	-	28.9
Tangible Book Value, 2 Yr. CAGR %	-	-75.08	64.46	-	-0.61
Common Equity, 2 Yr. CAGR %	-	-15.98	198.51	-	11.96
Cash From Operations, 2 Yr. CAGR %	-	-50.85	1.04K	-	-65.44
Capital Expenditures, 2 Yr. CAGR %	-	-87.49	-88.65	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	184.94	-	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	197.96	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-33.22	-	83.27
Gross Profit, 3 Yr. CAGR %	-	-	-58.27	-	127.07
EBITDA, 3 Yr. CAGR %	-	-	34.27	-	-23
EBITA, 3 Yr. CAGR %	-	-	3.5	-	-24.79
EBIT, 3 Yr. CAGR %	-	-	3.5	-	-24.79
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	4.74	-	-43.16
Net Income, 3 Yr. CAGR %	-	-	16.88	-	12.87
Normalized Net Income, 3 Yr. CAGR %	-	-	17.55	-	46.49
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-3.67	-	-4.31
Accounts Receivable, 3 Yr. CAGR %	-	-	50.11	-	-23
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-49.64	-	184.8
Total Assets, 3 Yr. CAGR %	-	-	37.95	-	17.51
Tangible Book Value, 3 Yr. CAGR %	-	-	61.83	-	40.99
Common Equity, 3 Yr. CAGR %	-	-	22.1	-	41.21
Cash From Operations, 3 Yr. CAGR %	-	-	104.28	-	-45.65
Capital Expenditures, 3 Yr. CAGR %	-	-	-90.42	-	540.22
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-19.47	44.22
Gross Profit, 5 Yr. CAGR %	-	-	-	-50.45	301.68
EBITDA, 5 Yr. CAGR %	-	-	-	211.65	-23.54
EBITA, 5 Yr. CAGR %	-	-	-	20.24	-25.67
EBIT, 5 Yr. CAGR %	-	-	-	19.67	-25.67
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	20.24	-28.63
Net Income, 5 Yr. CAGR %	-	-	-	19.12	3.42
Normalized Net Income, 5 Yr. CAGR %	-	-	-	21.03	6.83
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-7.33	-15.8
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-43.84	20.02
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-65.6	59.3
Total Assets, 5 Yr. CAGR %	-	-	-	7.73	34.72
Tangible Book Value, 5 Yr. CAGR %	-	-	-	84.61	49.95
Common Equity, 5 Yr. CAGR %	-	-	-	39.56	90.5
Cash From Operations, 5 Yr. CAGR %	-	-	-	110.15	83.59
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-54.05	27.6
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-