Ocean Vantage Holdings Berhad

Financial Year Ended 31 December	2024	2023	2022	2021	2020
	12 months Audited	12 months Audited	12 months Audited	12 months Audited	12 months Audited

Key Financials
Revenue (RM'000)	123,636	169,692	155,104	125,471	73,749
Gross Profit (GP) (RM'000)	10,494	18,355	33,548	26,702	18,513
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) (RM'000)	6,044	3,885	6,410	14,679	11,328
Profit Before Taxation (PBT) (RM'000)	3,463	1,013	4,251	13,570	10,314
(Loss)/Profit After Taxation (PAT) (RM'000)	883	3,511	(1,110)	9,656	7,227
(Loss)/Profit Attributable to Owners of the Company (RM'000)	6,357	3,501	(1,097)	10,041	7,318
Total Assets (RM'000)	144,953	119,495	99,347	76,312	57,938
Total Equity (RM'000)	71,036	64,557	61,045	59,613	49,866

Key Ratios
Basic Earnings Per Share (EPS) (sen)	1.51 ⁽¹⁾	0.83 ⁽¹⁾	(0.26)⁽¹⁾	2.44 ⁽¹⁾	2.02 ⁽¹⁾
Diluted EPS (sen)	1.51 ⁽²⁾	0.83 ⁽²⁾	(0.26) ⁽²⁾	2.44 ⁽²⁾	2.02 ⁽²⁾
GP Margin ⁽⁵⁾ (%)	8.49	10.82	21.63	21.28	25.10
PBT Margin ⁽⁶⁾ (%)	2.80	0.60	2.74	10.82	13.98
PAT Margin ⁽⁷⁾ (%)	0.71	2.07	(0.72)	7.70	9.80
Trade Receivable Turnover ⁽⁸⁾ (days)	140	113	118	105	102
Trade Payable Turnover ⁽⁹⁾ (days)	173	78	53	28	26
Current Ratio ⁽¹⁰⁾ (times)	1.72	2.04	2.51	4.51	7.94
Gearing Ratio ⁽¹¹⁾ (times)	1.01	0.81	0.59	0.25	0.12

Notes:

(1)	Calculated based on PAT attributable to owners of the Company for the financial year divided by the weighted average number of ordinary shares.
(2)	The basic and diluted earnings per ordinary share are equal as the Group does not have dilutive potential ordinary shares as at the reporting date.
(3)	Calculated based on PAT for the financial year divided by the enlarged number of Shares in issue before IPO.
(4)	Calculated based on PAT for the financial year divided by the enlarged number of Shares in issue after IPO.
(5)	GP margin is calculated based on GP divided by revenue.
(6)	PBT margin is calculated based on PBT for the financial year divided by revenue.
(7)	PAT margin is calculated based on PAT for the financial year divided by revenue.
(8)	Computed based on average trade receivables as at year end over revenue for the year multiplied by 365 days for each financial year.
(9)	Computed based on average trade payables as at year end over costs of sales for the year multiplied by 365 days for each financial year.
(10)	Computed based on current assets excluding receivables under the Noble Arrangement over current liabilities excluding payables under the Noble Arrangement as at each financial year end.
(11)	Computed based on the total borrowings over total equity as at each financial year end.

Please read this section in conjunction with Ocean Vantage Holdings Berhad's Prospectus dated 30 June 2020 and Annual Reports.