Financial Year Ended 31 December	2025	2024	2023	2022	2021
No. of Months	12	12	12	12	12
	Audited	Audited	Audited	Audited	Audited
Key Financials
Revenue (RM'000)	46,315	49,572	56,232	45,324	54,782
Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA) (RM'000)	5,187	9,713	10,354	5,956	10,549
(Loss)/Profit Before Taxation (L/PBT) (RM'000)	(316)	6,719	7,460	2,869	7,281
(Loss)/Profit After Taxation (L/PAT) (RM'000)	(789)	9,240	5,488	2,170	5,766
Total Assets (RM'000)	110,739	117,248	113,974	104,861	99,289
Total Equity (RM'000)	90,067	93,766	86,604	80,160	77,628
Key Ratios
Gross Profit Margin (%)	18.9	27.7	23.9	18.6	23.7
L/PBT Margin (%)	(0.7)	13.6	13.3	6.3	13.3
L/PAT Margin (%)	(1.7)	18.6	9.8	4.8	10.5
(Loss)/Earnings Per Share (EPS) (sen)	(0.19)	2.22	1.32	0.52	1.39
Diluted EPS (sen)	(0.19)	2.22	1.3	0.5	1.4
Average Trade Receivables Turnover(2) (days)	33	43(5)	40	35	28
Average Trade Payables Turnover(3) (days)	20	26(6)	16	40	53
Average Inventory Turnover(4) (days)	102	99(7)	78	147	146
Current Ratio (times)	5.9	6.2	4.0	5.2	5.1
Gearing Ratio (times)	0.2	0.2	0.2	0.2	0.1

Notes:

⁽¹⁾ Calculated based on the PAT divided by the enlarged share capital of 415,691,400 Shares after the Group's IPO.

⁽²⁾Computed based on the average trade receivables multiplied by 365 days.

⁽³⁾Computed based on the average trade payables multiplied by 365 days

⁽⁴⁾Computed based on the average inventories multiplied by 365 days

⁽⁵⁾Computed based on the average trade receivables multiplied by 366 days

⁽⁶⁾Computed based on the average trade payables multiplied by 366 days

⁽⁷⁾ Computed based on the average inventories multiplied by 366 days

^#Please read this section in conjunction with Spring Art Holdings Berhad's Prospectus dated 16 October 2019.