Arab Potash Company (ASE: APOT)

Arab Potash Company Income Statement

Financials in millions JOD. 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	705.82	792.52	1,268	648.01	456.17	504.61
Revenue Growth (YoY)	-33.28%	-37.51%	95.71%	42.05%	-9.60%	4.53%
Cost of Revenue	377.77	385.55	356.5	372.27	293.12	304.09
Gross Profit	328.05	406.97	911.69	275.74	163.05	200.51
Selling, General & Admin	43.92	44.62	42.48	35.83	61.33	49.21
Other Operating Expenses	54.22	54.22	131.2	-	-	-
Operating Expenses	98.14	98.84	173.68	37.09	61.33	49.21
Operating Income	229.91	308.13	738.01	238.65	101.72	151.3
Interest Expense	-	-0.25	-0.3	-5.03	-5.82	-8.5
Interest & Investment Income	30.97	26.64	12.99	5.16	9.02	13.15
Earnings From Equity Investments	39.76	67.02	94.98	58.54	53.45	52.35
Currency Exchange Gain (Loss)	-	-	-	-	-	-0.82
Other Non Operating Income (Expenses)	-6.16	-4.2	-4.82	2.01	-0.31	0.07
EBT Excluding Unusual Items	294.48	397.34	840.86	299.35	158.06	207.56
Gain (Loss) on Sale of Investments	-	-	-	-	0.58	-
Gain (Loss) on Sale of Assets	-	-	-	-	1.43	1.18
Pretax Income	293.58	397.34	840.86	299.35	160.07	208.74
Income Tax Expense	83.12	104.69	239.63	82.63	33.18	57.04
Net Income	210.46	292.64	601.23	216.72	126.89	151.7
Net Income to Common	210.46	292.64	601.23	216.72	126.89	151.7
Net Income Growth	-56.69%	-51.33%	177.43%	70.79%	-16.35%	21.48%
Shares Outstanding (Basic)	83	83	83	83	83	83
Shares Outstanding (Diluted)	83	83	83	83	83	83
EPS (Basic)	2.53	3.51	7.22	2.60	1.52	1.82
EPS (Diluted)	2.53	3.51	7.22	2.60	1.52	1.82
EPS Growth	-56.69%	-51.33%	177.43%	70.79%	-16.35%	21.48%
Free Cash Flow	117.96	40.38	391.64	86.1	-19.93	32.99
Free Cash Flow Per Share	1.42	0.48	4.70	1.03	-0.24	0.40
Dividend Per Share	1.300	1.300	1.800	1.200	-	1.000
Dividend Growth	-27.78%	-27.78%	50.00%	-	-	-16.67%
Gross Margin	46.48%	51.35%	71.89%	42.55%	35.74%	39.74%
Operating Margin	32.57%	38.88%	58.19%	36.83%	22.30%	29.98%
Profit Margin	29.82%	36.93%	47.41%	33.44%	27.82%	30.06%
Free Cash Flow Margin	16.71%	5.09%	30.88%	13.29%	-4.37%	6.54%
EBITDA	296.13	369.11	795.2	289.2	146.3	200.76
EBITDA Margin	41.96%	46.57%	62.70%	44.63%	32.07%	39.79%
D&A For EBITDA	66.22	60.97	57.19	50.54	44.58	49.46
EBIT	229.91	308.13	738.01	238.65	101.72	151.3
EBIT Margin	32.57%	38.88%	58.19%	36.83%	22.30%	29.98%
Effective Tax Rate	28.31%	26.35%	28.50%	27.60%	20.73%	27.33%
Advertising Expenses	-	0.46	0.16	0.07	0.09	-

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