Philadelphia International Educational Investment Company (ASE:PIEC)

ASE:PIEC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	17.19	16.73	15.54	13.56	11.22	11.05
Other Revenue	0.33	0.25	0.28	0.18	0.19	0.19
Revenue	17.52	16.98	15.82	13.74	11.42	11.24
Revenue Growth (YoY)	10.57%	7.38%	15.08%	20.37%	1.61%	-11.18%
Cost of Revenue	10.64	10.29	10.01	10.4	10.25	9.7
Gross Profit	6.88	6.7	5.81	3.34	1.17	1.53
Selling, General & Admin	0.06	0.06	0.07	0.05	0.05	0.11
Other Operating Expenses	-0.33	-0.33	-0.24	-0.21	-0.16	-0.13
Operating Expenses	0.88	0.72	0.83	0.73	0.51	0.73
Operating Income	6.01	5.98	4.98	2.61	0.67	0.8
Interest Expense	-0.1	-0.09	-0.13	-0.28	-0.3	-0.32
Other Non Operating Income (Expenses)	0.18	0	0.09	0.05	0.11	-0.04
EBT Excluding Unusual Items	6.1	5.89	4.94	2.38	0.48	0.45
Other Unusual Items	-	-	-	-	-0.3	-0.04
Pretax Income	6.1	5.89	4.94	2.38	0.18	0.41
Income Tax Expense	1.33	1.27	1.09	0.64	0.11	0.12
Net Income	4.76	4.61	3.85	1.74	0.08	0.29
Net Income to Common	4.76	4.61	3.85	1.74	0.08	0.29
Net Income Growth	28.38%	19.75%	121.65%	2164.58%	-73.58%	-77.83%
Shares Outstanding (Basic)	15	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15	15
Shares Change (YoY)	-0.13%	-	-	-	-	-
EPS (Basic)	0.32	0.31	0.26	0.12	0.01	0.02
EPS (Diluted)	0.32	0.31	0.26	0.12	0.01	0.02
EPS Growth	28.54%	19.75%	121.65%	2164.61%	-73.58%	-77.83%
Free Cash Flow	5.75	4.09	4.77	2.44	0.37	1.27
Free Cash Flow Per Share	0.38	0.27	0.32	0.16	0.02	0.09
Dividend Per Share	-	-	0.150	0.070	-	-
Dividend Growth	-	-	114.29%	-	-	-
Gross Margin	39.29%	39.43%	36.73%	24.31%	10.26%	13.64%
Operating Margin	34.30%	35.19%	31.50%	19.01%	5.84%	7.16%
Profit Margin	27.17%	27.16%	24.36%	12.65%	0.67%	2.58%
Free Cash Flow Margin	32.84%	24.09%	30.15%	17.79%	3.20%	11.34%
EBITDA	6.81	6.78	5.79	3.42	1.28	1.45
EBITDA Margin	38.87%	39.89%	36.60%	24.90%	11.22%	12.93%
D&A For EBITDA	0.8	0.8	0.81	0.81	0.61	0.65
EBIT	6.01	5.98	4.98	2.61	0.67	0.8
EBIT Margin	34.30%	35.19%	31.50%	19.01%	5.84%	7.16%
Effective Tax Rate	21.90%	21.61%	22.00%	26.86%	58.22%	29.24%
Revenue as Reported	17.92	17.38	16.11	13.98	11.59	11.33
Advertising Expenses	-	0.03	0.04	0.03	0.03	0.05

Source: S&P Global Market Intelligence. Standard template. Financial Sources.