Al Yah Satellite Communication Company PJSC (ADX: YAHSAT)

YAHSAT Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	451.41	456.74	432.54	407.57	407.51	440.57
Revenue Growth (YoY)	4.48%	5.59%	6.13%	0.02%	-7.50%	12.24%
Cost of Revenue	135.65	141.34	133.94	129.9	126.94	144.58
Gross Profit	315.76	315.39	298.6	277.67	280.57	295.99
Selling, General & Admin	5.58	5.58	4.19	3.09	3.57	4.91
Other Operating Expenses	8.82	39.37	37.12	33.18	43.86	41.72
Operating Expenses	170.87	199.46	185.79	184.87	196.77	196.87
Operating Income	144.89	115.93	112.82	92.81	83.79	99.12
Interest Expense	-31.52	-32.14	-13.03	-6.11	-20.59	-31.03
Interest & Investment Income	29.58	26.78	8.5	0.4	3.22	6.76
Earnings From Equity Investments	-10.61	-9.91	-53.3	-9.59	-16.36	-16.13
Currency Exchange Gain (Loss)	-2.06	-2.06	-1.16	-0.92	-0.22	-0.5
Other Non Operating Income (Expenses)	20.64	20.64	3.43	-11.6	-	-
EBT Excluding Unusual Items	150.92	119.24	57.26	64.99	49.84	58.21
Merger & Restructuring Charges	-2.28	-2.28	-	-	-	-
Gain (Loss) on Sale of Investments	-12.99	-15.64	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	14	-
Asset Writedown	2.41	2.06	1.58	-1.91	-2.24	-1.25
Other Unusual Items	-	-	1.55	-	-	-
Pretax Income	138.06	103.38	60.39	63.09	61.6	56.96
Income Tax Expense	8.49	1.21	0.18	0.22	0.2	0.24
Earnings From Continuing Operations	129.57	102.17	60.22	62.87	61.4	56.72
Earnings From Discontinued Operations	-	-	-	-	-	-33.85
Net Income to Company	129.57	102.17	60.22	62.87	61.4	22.87
Minority Interest in Earnings	8.76	8.2	5.35	6.89	7.5	6.99
Net Income	138.33	110.37	65.56	69.76	68.9	29.86
Net Income to Common	138.33	110.37	65.56	69.76	68.9	29.86
Net Income Growth	111.17%	68.34%	-6.02%	1.25%	130.76%	19.00%
Shares Outstanding (Basic)	2,440	2,440	2,440	2,440	2,440	10
Shares Outstanding (Diluted)	2,440	2,440	2,440	2,440	2,440	10
Shares Change (YoY)	-	-	-	-	24297.70%	-
EPS (Basic)	0.06	0.05	0.03	0.03	0.03	2.99
EPS (Diluted)	0.06	0.05	0.03	0.03	0.03	2.99
EPS Growth	111.17%	68.34%	-6.02%	1.25%	-99.05%	-
Free Cash Flow	-72.32	196.43	255.64	74.91	154.25	199.27
Free Cash Flow Per Share	-0.03	0.08	0.10	0.03	0.06	19.93
Dividend Per Share	0.022	0.045	0.044	0.021	3.600	5.500
Dividend Growth	-49.40%	2.28%	103.72%	-99.40%	-34.55%	1000.00%
Gross Margin	69.95%	69.05%	69.03%	68.13%	68.85%	67.18%
Operating Margin	32.10%	25.38%	26.08%	22.77%	20.56%	22.50%
Profit Margin	30.64%	24.16%	15.16%	17.12%	16.91%	6.78%
Free Cash Flow Margin	-16.02%	43.01%	59.10%	18.38%	37.85%	45.23%
EBITDA	298.47	267.55	248.06	232.17	223.08	245.53
EBITDA Margin	66.12%	58.58%	57.35%	56.96%	54.74%	55.73%
D&A For EBITDA	153.58	151.62	135.24	139.36	139.29	146.41
EBIT	144.89	115.93	112.82	92.81	83.79	99.12
EBIT Margin	32.10%	25.38%	26.08%	22.77%	20.56%	22.50%
Effective Tax Rate	6.15%	1.17%	0.29%	0.34%	0.32%	0.42%

Source: S&P Capital IQ. Standard template. Financial Sources.