Income Statement Systech

Stocks

0050

MYQ0050OO003

IT Services & Consulting

Market Closed - BURSA MALAYSIA Other stock markets 06:50:02 05/08/26 pm AEST			5-day change	1st Jan Change
0.1750 ^MYR	+2.94%		+6.06%	+12.90%

09/06	Systech Bhd Changes Its Correspondence Address in Kuala Lumpur	CI
28/05	Systech Bhd Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI

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Published financial data: SYSTECH

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	22.82M	22.38M	17.45M	25.13M	63.59M
Total Revenues	22.82M	22.38M	17.45M	25.13M	63.59M
Cost of Goods Sold, Total	12.84M	13.03M	10.77M	14.5M	49.68M
Gross Profit	9.98M	9.36M	6.68M	10.63M	13.91M
Selling General & Admin Expenses, Total	6.84M	7.37M	4.63M	15.64M	20M
Provision for Bad Debts	-	-	-	-	203K
Other Operating Expenses	3.28M	22.68M	1.34M	-262K	-1.59M
Other Operating Expenses, Total	10.12M	30.05M	5.98M	15.38M	18.61M
Operating Income	-137K	-20.69M	705K	-4.75M	-4.7M
Interest Expense, Total	-234K	-222K	-19K	-34K	-1.01M
Interest And Investment Income	125K	62K	4K	-	-
Net Interest Expenses	-109K	-160K	-15K	-34K	-1.01M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-2K	-
EBT, Excl. Unusual Items	-246K	-20.85M	690K	-4.78M	-5.71M
Gain (Loss) On Sale Of Investments	-	38K	28K	-	-
EBT, Incl. Unusual Items	-246K	-20.81M	718K	-4.78M	-5.71M
Income Tax Expense	169K	874K	425K	726K	2.52M
Earnings From Continuing Operations	-415K	-21.69M	293K	-5.51M	-8.24M
Earnings Of Discontinued Operations	-	-	-6.05M	-65K	-
Net Income to Company	-415K	-21.69M	-5.76M	-5.58M	-8.24M
Minority Interest	-927K	32K	-217K	26K	481K
Net Income - (IS)	-1.34M	-21.65M	-5.98M	-5.55M	-7.76M
Net Income to Common Incl Extra Items	-1.34M	-21.65M	-5.98M	-5.55M	-7.76M
Net Income to Common Excl. Extra Items	-1.34M	-21.65M	76K	-5.48M	-7.76M
Per Share Items
Net EPS - Basic	-0	-0.06	-0.02	-0.02	-0.01
Basic EPS - Continuing Operations	-0	-0.06	0	-0.02	-0.01
Basic Weighted Average Shares Outstanding	348M	348M	348M	348M	617M
Net EPS - Diluted	-0	-0.06	-0.02	-0.02	-0.01
Diluted EPS - Continuing Operations	-0	-0.06	0	-0.02	-0.01
Diluted Weighted Average Shares Outstanding	348M	348M	348M	348M	617M
Normalized Basic EPS	-0	-0.04	0	-0.01	-0.01
Normalized Diluted EPS	-0	-0.04	0	-0.01	-0.01
Dividend Per Share	0	-	-	-	-
Payout Ratio	-51.56	-3.2	-	-	-
Supplemental Items
EBITDA	524K	-20.13M	1.3M	-4.14M	-3.65M
EBITA	-137K	-20.69M	705K	-4.52M	-4.4M
EBIT	-137K	-20.69M	705K	-4.75M	-4.7M
EBITDAR	538K	-	-	-	-
Effective Tax Rate - (Ratio)	-68.7	-4.2	59.19	-15.18	-44.17
Current Domestic Taxes	-	205K	-	-	-
Current Foreign Taxes	-	12K	-	-	-
Total Current Taxes	119K	217K	585K	1.05M	2.34M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	50K	657K	-160K	-324K	185K
Normalized Net Income	-1.08M	-13M	214K	-2.96M	-3.09M
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	234K	222K	-	19K	70K
Supplemental Operating Expense Items
Selling and Marketing Expenses	1.58M	1.93M	1.11M	1.94M	3.37M
General and Administrative Expenses	5.26M	5.44M	3.52M	13.7M	16.63M
Research And Development Expense From Footnotes	3.62M	4.06M	-	-	-
Net Rental Expense, Total	14K	-	-	-	-
Imputed Operating Lease Interest Expense	4.06K	-	-	-	-
Imputed Operating Lease Depreciation	9.94K	-	-	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	7.7M	5.2M	3.49M	2.96M	4.37M
Short Term Investments	146K	155K	134K	3M	12.75M
Total Cash And Short Term Investments	7.85M	5.36M	3.63M	5.96M	17.12M
Accounts Receivable, Total	3.69M	3.83M	5.16M	6.89M	35.6M
Other Receivables	669K	793K	29K	167K	986K
Total Receivables	4.36M	4.63M	5.19M	7.05M	36.58M
Inventory	16K	12K	8K	8K	13.43M
Prepaid Expenses	148K	195K	616K	446K	1.41M
Other Current Assets, Total	226K	551K	14.84M	-	-
Total Current Assets	12.6M	10.74M	24.27M	13.47M	68.53M
Gross Property Plant And Equipment	9.81M	9.48M	2.29M	4.86M	4.86M
Accumulated Depreciation	-4.64M	-4.79M	-1.91M	-2.44M	-1.89M
Net Property Plant And Equipment	5.16M	4.69M	376K	2.42M	2.96M
Long-term Investments	299K	196K	-	-	-
Goodwill	29.46M	9.72M	5.31M	17.59M	14.93M
Other Intangibles, Total	9.47M	9.12M	3.28M	6.45M	5.49M
Deferred Tax Assets Long-Term	67K	-	-	359K	726K
Other Long-Term Assets, Total	3.34M	3.26M	-	-	2.6M
Total Assets	60.39M	37.72M	33.24M	40.28M	95.25M
Liabilities
Accounts Payable, Total	709K	751K	903K	1.85M	5.57M
Accrued Expenses, Total	841K	878K	1.18M	2.02M	2.76M
Short-term Borrowings	-	-	-	2.6M	-
Current Portion of Long-Term Debt	419K	350K	-	20K	5.77M
Current Portion of Leases	344K	333K	278K	551K	856K
Current Income Taxes Payable	75K	-	305K	1.06M	5.97M
Unearned Revenue Current, Total	754K	590K	951K	3.3M	3.22M
Other Current Liabilities	37K	39K	6.22M	5.34M	12.18M
Total Current Liabilities	3.18M	2.94M	9.84M	16.74M	36.34M
Long-Term Debt	5.22M	4.9M	-	40K	5.69M
Long-Term Leases	599K	279K	86K	828K	1.23M
Deferred Tax Liability Non Current	474K	1.06M	90K	1.17M	1.3M
Other Non Current Liabilities	-	-	-	3M	-
Total Liabilities	9.47M	9.18M	10.02M	21.78M	44.55M
Common Stock, Total	43.88M	43.88M	43.88M	43.88M	150M
Retained Earnings	5.11M	-17.34M	-23.32M	-28.87M	-36.63M
Treasury Stock	-376K	-376K	-376K	-376K	-376K
Comprehensive Income and Other	-301K	-202K	209K	627K	-65.14M
Total Common Equity	48.32M	25.96M	20.4M	15.26M	48.01M
Minority Interest	2.6M	2.58M	2.82M	3.25M	2.68M
Total Equity	50.92M	28.54M	23.22M	18.51M	50.7M
Total Liabilities And Equity	60.39M	37.72M	33.24M	40.28M	95.25M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	346M	346M	348M	643M	657M
ECS Total Common Shares Outstanding	346M	346M	348M	346M	643M
Book Value / Share	0.14	0.08	0.06	0.04	0.07
Tangible Book Value	9.39M	7.13M	11.81M	-8.78M	27.59M
Tangible Book Value Per Share	0.03	0.02	0.03	-0.03	0.04
Total Debt	6.58M	5.86M	364K	4.04M	13.54M
Net Debt	-1.27M	505K	-3.26M	-1.92M	-3.58M
Debt Equivalent Oper. Leases	112K	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	2.6M	2.58M	2.82M	3.25M	2.68M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	16K	12K	8K	-	-
Buildings, Total	4.79M	4.79M	-	-	-
Machinery, Total	2.68M	2.7M	1.03M	1.19M	430K
Full Time Employees	151	153	121	-	-
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	1.15M	498K	32K	109K	1.98M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-1.34M	-21.65M	-5.98M	-5.55M	-7.76M
Depreciation & Amortization - CF	908K	836K	874K	776K	1.63M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	226K	302K
Depreciation & Amortization, Total	908K	836K	874K	1M	1.93M
Amortization of Deferred Charges, Total - (CF)	3.45M	3.5M	3.28M	1.2M	1.09M
(Gain) Loss From Sale Of Asset	-	-	-95K	515K	-
Asset Writedown & Restructuring Costs	1.76M	20.38M	4.6M	1.15M	2.56M
Provision and Write-off of Bad Debts	168K	269K	-50K	252K	203K
Net Cash From Discontinued Operations	-	-	-6.17M	450K	-
Other Operating Activities, Total	954K	612K	6.66M	301K	-61K
Change In Accounts Receivable	481K	-818K	-2.02M	-2.22M	-19.57M
Change In Inventories	-4K	4K	2K	-	-5.3M
Change In Accounts Payable	-3K	-83K	1.15M	7.34M	2.73M
Cash from Operations	6.37M	3.05M	2.26M	4.44M	-24.16M
Capital Expenditure	-142K	-463K	-416K	-1.48M	-1.22M
Sale of Property, Plant, and Equipment	-	-	95K	-	-
Cash Acquisitions	-	-	-	-8.09M	-18.85M
Divestitures	-	-	-	3.4M	-
Sale (Purchase) of Intangible assets	-3.27M	-3.51M	-1.27M	-123K	-245K
Investment in Marketable and Equity Securities, Total	-	-	-	-	-500K
Other Investing Activities, Total	125K	62K	15K	-	-1.82M
Cash from Investing	-3.29M	-3.91M	-1.57M	-6.3M	-22.63M
Short Term Debt Issued, Total	-	-	-	2.6M	-
Long-Term Debt Issued, Total	-	-	-	60K	-
Total Debt Issued	-	-	-	2.66M	-
Short Term Debt Repaid, Total	-	-	-	-	-2.6M
Long-Term Debt Repaid, Total	-470K	-734K	-710K	-473K	-4.05M
Total Debt Repaid	-470K	-734K	-710K	-473K	-6.65M
Issuance of Common Stock	-	-	-	-	51.28M
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-692K	-692K	-	-	-
Common & Preferred Stock Dividends Paid	-692K	-692K	-	-	-
Other Financing Activities, Total	-534K	-222K	-229K	-70K	-621K
Cash from Financing	-1.7M	-1.65M	-939K	2.12M	44.01M
Foreign Exchange Rate Adjustments	1K	8K	65K	92K	-133K
Net Change in Cash	1.39M	-2.5M	-189K	351K	-2.91M
Supplemental Items
Cash Interest Paid	234K	222K	229K	70K	621K
Cash Income Tax Paid (Refund)	251K	390K	345K	555K	2.56M
Levered Free Cash Flow	1.23M	-13.5M	-5.06M	14.75M	-29.78M
Unlevered Free Cash Flow	1.38M	-13.36M	-5.05M	14.77M	-29.15M
Change In Net Working Capital	-511K	792K	7.96M	-17.15M	27.77M
Net Debt Issued / Repaid	-470K	-734K	-710K	2.19M	-6.65M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-0.14	-26.36	1.24	-8.07	-4.33
Return on Total Capital	-0.15	-28.14	1.52	-12.87	-6.77
Return On Equity %	-0.81	-54.58	1.13	-26.41	-23.81
Return on Common Equity	-2.73	-58.3	0.33	-30.76	-24.52
Margin Analysis
Gross Profit Margin %	43.75	41.8	38.29	42.29	21.87
SG&A Margin	29.96	32.92	26.54	62.22	31.45
EBITDA Margin %	2.3	-89.91	7.43	-16.49	-5.74
EBITA Margin %	-0.6	-92.43	4.04	-17.99	-6.92
EBIT Margin %	-0.6	-92.43	4.04	-18.89	-7.39
Income From Continuing Operations Margin %	-1.82	-96.88	1.68	-21.93	-12.96
Net Income Margin %	-5.88	-96.73	-34.26	-22.08	-12.2
Net Avail. For Common Margin %	-5.88	-96.73	0.44	-21.82	-12.2
Normalized Net Income Margin	-4.74	-58.07	1.23	-11.79	-4.86
Levered Free Cash Flow Margin	5.39	-60.29	-29.01	58.7	-46.84
Unlevered Free Cash Flow Margin	6.03	-59.68	-28.94	58.78	-45.84
Asset Turnover
Asset Turnover	0.37	0.46	0.49	0.68	0.94
Fixed Assets Turnover	4.47	4.55	6.89	17.99	23.62
Receivables Turnover (Average Receivables)	5.5	5.95	3.88	4.1	2.99
Inventory Turnover (Average Inventory)	916.86	930.64	1.08K	1.81K	7.39
Short Term Liquidity
Current Ratio	3.96	3.65	2.47	0.8	1.89
Quick Ratio	3.84	3.39	0.9	0.78	1.48
Operating Cash Flow to Current Liabilities	2.01	1.04	0.23	0.27	-0.67
Days Sales Outstanding (Average Receivables)	66.37	61.34	94.03	89.18	121.93
Days Outstanding Inventory (Average Inventory)	0.4	0.39	0.34	0.2	49.36
Average Days Payable Outstanding	19.54	20.46	28.04	34.73	21.45
Cash Conversion Cycle (Average Days)	47.22	41.28	66.32	54.65	149.84
Long Term Solvency
Total Debt/Equity	12.93	20.54	1.57	21.82	26.71
Total Debt / Total Capital	11.45	17.04	1.54	17.91	21.08
LT Debt/Equity	11.43	18.14	0.37	4.69	13.64
Long-Term Debt / Total Capital	10.12	15.05	0.36	3.85	10.76
Total Liabilities / Total Assets	15.68	24.34	30.14	54.06	46.78
EBIT / Interest Expense	-0.59	-93.2	37.11	-139.65	-4.64
EBITDA / Interest Expense	3.29	-89.43	83.11	-110.18	-2.73
(EBITDA - Capex) / Interest Expense	2.69	-91.52	61.21	-153.82	-3.93
Total Debt / EBITDA	8.54	-0.3	0.23	-1.08	-4.89
Net Debt / EBITDA	-1.64	-0.03	-2.07	0.51	1.29
Total Debt / (EBITDA - Capex)	10.46	-0.29	0.31	-0.77	-3.4
Net Debt / (EBITDA - Capex)	-2.02	-0.02	-2.8	0.37	0.9
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-18.7	-1.9	6.52	44.03	153.02
Gross Profit, 1 Yr. Growth %	-23.52	-6.27	3.87	59.06	30.87
EBITDA, 1 Yr. Growth %	-68.47	-3.94K	-126	-411.89	-12.01
EBITA, 1 Yr. Growth %	-117.47	15K	-112.7	-713.57	-2.74
EBIT, 1 Yr. Growth %	-117.47	15K	-112.7	-744.23	-1.01
Earnings From Cont. Operations, 1 Yr. Growth %	-317.28	5.13K	-104.94	-1.98K	49.51
Net Income, 1 Yr. Growth %	120	1.51K	-72.39	-7.18	39.79
Normalized Net Income, 1 Yr. Growth %	147.88	1.1K	-106.22	-1.4K	4.26
Diluted EPS Before Extra, 1 Yr. Growth %	120.01	1.51K	-101.29	-7.72K	-20.24
Accounts Receivable, 1 Yr. Growth %	-19.88	3.85	34.54	28.49	416.86
Inventory, 1 Yr. Growth %	33.33	-25	-33.33	0	168K
Net Property, Plant and Equip., 1 Yr. Growth %	2.34	-9.24	-91.98	543.09	22.62
Total Assets, 1 Yr. Growth %	-1.51	-37.53	-11.9	21.21	136.45
Tangible Book Value, 1 Yr. Growth %	0.25	-24.12	65.68	-174.34	-414.29
Common Equity, 1 Yr. Growth %	-3.44	-46.26	-21.45	-25.18	214.63
Cash From Operations, 1 Yr. Growth %	-5.75	-52.17	-25.98	95.6	-643.74
Capital Expenditures, 1 Yr. Growth %	-50	226.06	-10.15	256.73	-17.72
Levered Free Cash Flow, 1 Yr. Growth %	-9.16	-1.2K	29.23	-392.61	-301.91
Unlevered Free Cash Flow, 1 Yr. Growth %	-11.26	-1.07K	29.57	-393.72	-297.33
Dividend Per Share, 1 Yr. Growth %	0	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-10.45	-10.69	-12.55	23.86	90.9
Gross Profit, 2 Yr. CAGR %	-20.54	-15.33	-18.19	28.54	44.28
EBITDA, 2 Yr. CAGR %	-61.35	247.99	57.33	-8.84	65.66
EBITA, 2 Yr. CAGR %	-76.51	413.72	126.85	-9.75	144.28
EBIT, 2 Yr. CAGR %	-76.51	413.72	126.85	-7.52	152.53
Earnings From Cont. Operations, 2 Yr. CAGR %	-44.22	965.55	-15.97	-3.59	430.25
Net Income, 2 Yr. CAGR %	74.44	495.8	111.06	-49.38	13.91
Normalized Net Income, 2 Yr. CAGR %	43.29	446.03	-55.48	-7.21	268.36
Diluted EPS Before Extra, 2 Yr. CAGR %	74.45	495.86	-76.23	-3.56	679.54
Accounts Receivable, 2 Yr. CAGR %	-24.61	-8.79	18.2	34.04	157.7
Inventory, 2 Yr. CAGR %	26.49	0	-29.29	-18.35	4K
Net Property, Plant and Equip., 2 Yr. CAGR %	-0.06	-3.62	-73.01	-28.17	180.81
Total Assets, 2 Yr. CAGR %	-2.5	-21.57	-25.82	3.34	69.29
Tangible Book Value, 2 Yr. CAGR %	-0.95	-12.79	12.12	10.98	52.85
Common Equity, 2 Yr. CAGR %	-2.97	-27.96	-35.03	-23.34	53.43
Cash From Operations, 2 Yr. CAGR %	2.75	-32.86	-40.49	20.73	226.12
Capital Expenditures, 2 Yr. CAGR %	-38.55	27.68	71.16	79.03	71.32
Levered Free Cash Flow, 2 Yr. CAGR %	193.04	215.71	102.84	94.08	143.07
Unlevered Free Cash Flow, 2 Yr. CAGR %	330.55	193.47	91.54	94.7	140.75
Dividend Per Share, 2 Yr. CAGR %	0	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.63	-7.68	-14.65	3.27	57.16
Gross Profit, 3 Yr. CAGR %	-8.95	-16.04	-20.01	2.11	29.31
EBITDA, 3 Yr. CAGR %	-47.42	79.02	-7.93	99.25	-9.91
EBITA, 3 Yr. CAGR %	-62.66	102.76	-3.48	220.78	-7.47
EBIT, 3 Yr. CAGR %	-62.66	102.76	-3.48	226.03	-5.4
Earnings From Cont. Operations, 3 Yr. CAGR %	-39.36	153.32	15.33	136.79	11.59
Net Income, 3 Yr. CAGR %	0.81	266.18	114	60.5	-28.98
Normalized Net Income, 3 Yr. CAGR %	-2.89	191.21	-21.09	39.98	-3.53
Diluted EPS Before Extra, 3 Yr. CAGR %	-5.58	266.21	-50.1	59.88	-9.47
Accounts Receivable, 3 Yr. CAGR %	-17.34	-16.12	3.83	23.11	110.19
Inventory, 3 Yr. CAGR %	-17.98	6.27	-12.64	-20.63	938.22
Net Property, Plant and Equip., 3 Yr. CAGR %	-4.34	-3.22	-57.92	-22.34	-14.15
Total Assets, 3 Yr. CAGR %	-2.25	-15.95	-18.47	-12.63	36.17
Tangible Book Value, 3 Yr. CAGR %	2.4	-9.37	8.01	-2.23	57.01
Common Equity, 3 Yr. CAGR %	-1.5	-20.31	-25.86	-31.9	22.74
Cash From Operations, 3 Yr. CAGR %	14.29	-20.36	-30.64	-11.33	99.37
Capital Expenditures, 3 Yr. CAGR %	-29.89	7.18	13.57	118.63	38.16
Levered Free Cash Flow, 3 Yr. CAGR %	26.63	355.04	55.19	128.89	96.65
Unlevered Free Cash Flow, 3 Yr. CAGR %	52.38	464.53	48.21	120.58	95.57
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	15.25	8.12	-4.86	-2.45	17.77
Gross Profit, 5 Yr. CAGR %	6.22	-1.26	-12.76	-7.64	1.28
EBITDA, 5 Yr. CAGR %	-25.21	40.44	-18.49	3.39	17.02
EBITA, 5 Yr. CAGR %	-39.01	47.69	-23.16	12.75	41.18
EBIT, 5 Yr. CAGR %	-39.01	47.69	-23.16	13.85	43.07
Earnings From Cont. Operations, 5 Yr. CAGR %	-19.57	52.65	-30.91	32.8	112.3
Net Income, 5 Yr. CAGR %	2.21	51.66	35.47	65.94	66.29
Normalized Net Income, 5 Yr. CAGR %	5.63	46.5	-28.91	41.29	47.95
Diluted EPS Before Extra, 5 Yr. CAGR %	0.36	48.91	-45.62	65.56	48.29
Accounts Receivable, 5 Yr. CAGR %	13.08	9.37	-4.63	1.18	50.52
Inventory, 5 Yr. CAGR %	-41.67	-	-22.71	-4.36	307.17
Net Property, Plant and Equip., 5 Yr. CAGR %	-7.25	-4.98	-42.34	-14.1	-10.08
Total Assets, 5 Yr. CAGR %	5.69	-4.65	-12.46	-8.71	9.21
Tangible Book Value, 5 Yr. CAGR %	-2	-7.42	6.19	-1.72	24.11
Common Equity, 5 Yr. CAGR %	5.37	-7.39	-16.6	-21.54	-0.82
Cash From Operations, 5 Yr. CAGR %	15.79	-15.39	-11.97	-5.94	29
Capital Expenditures, 5 Yr. CAGR %	-22.32	-9.53	0.19	31.6	33.87
Levered Free Cash Flow, 5 Yr. CAGR %	2.71	59.74	52.89	152.67	85.55
Unlevered Free Cash Flow, 5 Yr. CAGR %	8.56	55.51	66.98	188.24	79.81
Dividend Per Share, 5 Yr. CAGR %	0	-	-	-	-