Jordan Electric Power Company (ASE:JOEP)

ASE:JOEP Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,076	1,067	1,001	961.97	899.77	901.16
Other Revenue	12.81	12.56	13.26	12.62	7.48	6.44
Revenue	1,089	1,080	1,015	974.59	907.25	907.6
Revenue Growth (YoY)	5.59%	6.43%	4.12%	7.42%	-0.04%	-7.61%
Fuel & Purchased Power	910.43	901.37	838.38	798.51	751.27	762.53
Operations & Maintenance	-	-	-	0.91	0.63	0.7
Selling, General & Admin	82.51	81.98	85.13	88.77	87.59	82.16
Depreciation & Amortization	31.88	31.3	28.51	27.17	26.59	25.94
Amortization of Goodwill & Intangibles	5.65	5.48	4.88	5.15	2.56	2.44
Provision for Bad Debts	10	11	12.1	12	6.7	-
Other Operating Expenses	3.51	3.55	3.7	3.85	0.84	1.48
Total Operating Expenses	1,044	1,035	972.7	936.36	876.17	875.25
Operating Income	45.28	45.28	42.05	38.23	31.07	32.35
Interest Expense	-45.09	-43.2	-45.03	-32.82	-32.72	-32.15
Interest Income	8.37	6.87	9.33	7.66	8.8	7.07
Net Interest Expense	-36.72	-36.32	-35.69	-25.15	-23.92	-25.08
Income (Loss) on Equity Investments	6.79	6.79	5.51	1.95	-	-
Currency Exchange Gain (Loss)	-0.01	-0.01	0.01	-0.01	-0.02	0.02
Other Non-Operating Income (Expenses)	11.7	11.12	11.1	7.07	6.67	7.36
EBT Excluding Unusual Items	27.04	26.86	22.96	22.08	13.81	14.65
Gain (Loss) on Sale of Investments	0.55	0.55	-0.57	1.5	1.56	-1.84
Gain (Loss) on Sale of Assets	-	-	-	-	0.01	-
Legal Settlements	-	-	-	-0.5	-1	0.33
Pretax Income	27.59	27.41	22.39	23.08	14.37	13.13
Income Tax Expense	8.05	8.22	5.17	8.02	4.29	3.37
Earnings From Continuing Ops.	19.54	19.18	17.22	15.06	10.08	9.76
Net Income	19.54	19.18	17.22	15.06	10.08	9.76
Net Income to Common	19.54	19.18	17.22	15.06	10.08	9.76
Net Income Growth	25.38%	11.37%	14.37%	49.44%	3.26%	-0.76%
Shares Outstanding (Basic)	92	92	92	92	92	92
Shares Outstanding (Diluted)	92	92	92	92	92	92
EPS (Basic)	0.21	0.21	0.19	0.16	0.11	0.11
EPS (Diluted)	0.21	0.21	0.19	0.16	0.11	0.11
EPS Growth	25.28%	11.37%	17.31%	51.23%	-	-1.03%
Free Cash Flow	42.34	-28.74	42.24	119.83	37.69	-8.24
Free Cash Flow Per Share	0.46	-0.31	0.46	1.31	0.41	-0.09
Dividend Per Share	0.130	0.130	0.170	0.096	0.086	0.047
Dividend Growth	-23.53%	-23.53%	76.72%	11.21%	84.44%	-31.03%
Profit Margin	1.79%	1.78%	1.70%	1.54%	1.11%	1.07%
Free Cash Flow Margin	3.89%	-2.66%	4.16%	12.29%	4.15%	-0.91%
EBITDA	79.49	78.89	72.77	67.52	59.71	60.32
EBITDA Margin	7.30%	7.31%	7.17%	6.93%	6.58%	6.65%
D&A For EBITDA	34.21	33.61	30.72	29.3	28.64	27.96
EBIT	45.28	45.28	42.05	38.23	31.07	32.35
EBIT Margin	4.16%	4.19%	4.14%	3.92%	3.43%	3.56%
Effective Tax Rate	29.18%	30.01%	23.08%	34.74%	29.85%	25.67%

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.