Ten-League International Holdings Limited (TLIH) Income Statement

NASDAQ: TLIHRevenue, profits, margins and EPS over 5 years.

TLIH 2025 at a glance

Fiscal year ended December 31, 2025 · Singapore dollars
Revenue+30.2%
S$76.2M
2025 · hover or tap a bar for each year
2021: S$57.2M2022: S$74.5M (+30.3%)2023: S$72.8M (−2.3%)2024: S$58.5M (−19.6%)2025: S$76.2M (+30.2%)
20212025
Gross profit+74.7%
S$18.6M
2025 · hover or tap a bar for each year
2021: S$10.7M2022: S$14.7M (+37.9%)2023: S$15.8M (+7.2%)2024: S$10.7M (−32.5%)2025: S$18.6M (+74.7%)
20212025
Operating income+176.9%
S$7.7M
2025 · hover or tap a bar for each year
2021: S$2.5M2022: S$6.3M (+148.2%)2023: S$8.2M (+30.7%)2024: S$2.8M (−65.9%)2025: S$7.7M (+176.9%)
20212025
Net income+196.5%
S$5.6M
2025 · hover or tap a bar for each year
2021: S$1.8M2022: S$5.0M (+179.0%)2023: S$7.1M (+41.8%)2024: S$1.9M (−73.4%)2025: S$5.6M (+196.5%)
20212025
Net profit margin+4.1 pts
7.3%
2025 · hover or tap a point for each year
2021: 3.1%2022: 6.7% (+3.6 pts)2023: 9.7% (+3.0 pts)2024: 3.2% (−6.5 pts)2025: 7.3% (+4.1 pts)
20212025

TLIH revenue and net income

RevenueNet incomeNet margin (right axis)

Where TLIH's revenue goes

2025
Revenue
S$76.2M100.0%
Cost of revenue
−S$57.6M−75.6%
Gross profit
S$18.6M24.4%
Sales, general & admin
−S$8.1M−10.6%
Other operating expenses
−S$2.8M−3.7%
Operating income
S$7.7M10.2%
Interest & other expense
−S$582,000−0.8%
Income taxes
−S$1.6M−2.1%
Net income
S$5.6M7.3%

Each bar shows an amount and its share of revenue. TLIH kept 7.3% of revenue as net income.

TLIH profit margins

GrossOperatingNet

TLIH growth rates

to 2025
1 year3 years5 years10 years
Revenue+30.2%+0.8%——
Gross profit+74.7%+8.1%——
Operating income+176.9%+7.3%——
Net income+196.5%+3.8%——

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

TLIH income statement in Singapore dollars

Ten-League International Holdings Limited annual income statement
20252024202320222021
RevenueS$76.2MS$58.5MS$72.8MS$74.5MS$57.2M
Cost of revenueS$57.6MS$47.8MS$57.0MS$59.8MS$46.5M
Gross profitS$18.6MS$10.7MS$15.8MS$14.7MS$10.7M
Sales, general & adminS$8.1MS$6.4MS$6.1MS$6.4MS$5.0M
Total operating expensesS$10.9MS$7.9MS$7.6MS$8.4MS$8.1M
Operating incomeS$7.7MS$2.8MS$8.2MS$6.3MS$2.5M
Interest incomeS$266,000S$616,000S$34,000S$132,000S$282,000
Interest expenseS$880,000S$949,000S$822,000S$519,000S$565,000
Income before taxesS$7.2MS$2.6MS$8.1MS$6.2MS$2.5M
Income taxesS$1.6MS$731,000S$1.0MS$1.2MS$712,000
Net incomeS$5.6MS$1.9MS$7.1MS$5.0MS$1.8M
EBITDAS$13.9MS$8.7MS$13.1MS$9.7MS$5.3M
Gross margin24.4%18.2%21.7%19.8%18.7%
Operating margin10.2%4.8%11.3%8.4%4.4%
Net margin7.3%3.2%9.7%6.7%3.1%

Quarterly columns are labeled by the month the quarter ended. Figures in Singapore dollars as reported in TLIH's financial statements (latest annual report filed April 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

TLIH financial results

In fiscal year 2025 (ended December 31, 2025), Ten-League International reported revenue of S$76.2 million, up 30.2% from the year before. It had net income of S$5.6 million (up 196.5%), a net profit margin of 7.3%. Figures are in Singapore dollars, the currency of its financial statements.

See the TLIH stock overview for the latest quote and news, or the TLIH chart for price history and technical indicators.

TLIH income statement FAQ

What is Ten-League International's annual revenue?

Ten-League International reported total revenue of S$76.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 30.2% from S$58.5 million the previous year.

Is Ten-League International profitable?

Yes. Ten-League International reported net income of S$5.6 million in fiscal 2025, a net profit margin of 7.3%; its operating margin was 10.2%.

What is Ten-League International's gross margin?

Ten-League International's gross margin was 24.4% in fiscal 2025: for every $100 of revenue, Ten-League International kept $24 after the direct cost of its products and services.

When does Ten-League International's fiscal year end?

Ten-League International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 30, 2026.

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