Aluminium Bahrain B.S.C. (BAX: ALBH)

Aluminium Bahrain B.S.C. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,562	1,544	1,841	1,585	1,061	1,029
Revenue Growth (YoY)	-3.54%	-16.13%	16.16%	49.31%	3.11%	12.95%
Cost of Revenue	1,262	1,290	1,295	1,008	933.15	939.16
Gross Profit	299.71	253.49	545.61	577.04	128.27	90.22
Selling, General & Admin	97.77	95.26	122.76	94.24	71.08	59.2
Other Operating Expenses	0.05	1.11	-0.09	0.09	-0.15	0.87
Operating Expenses	97.82	96.38	122.67	97.36	73.92	59.82
Operating Income	201.89	157.12	422.94	479.68	54.35	30.4
Interest Expense	-41.47	-46.77	-20.47	-37.89	-42.28	-28.51
Interest & Investment Income	3.38	3.38	1.08	0.35	0.77	0.79
Currency Exchange Gain (Loss)	6.34	2.95	9.38	10.06	-16.8	4.52
Other Non Operating Income (Expenses)	0.62	1.51	2.22	1.11	2.27	2.65
EBT Excluding Unusual Items	170.76	118.19	415.15	453.3	-1.69	9.85
Gain (Loss) on Sale of Assets	-	-	-	-0.36	-1.01	-4.27
Other Unusual Items	-	-	1.42	-	12.74	-
Pretax Income	170.76	118.19	416.57	452.94	10.04	5.58
Income Tax Expense	-0.11	0.17	0.41	1.07	0.28	0.2
Net Income	170.87	118.03	416.17	451.87	9.76	5.38
Net Income to Common	170.87	118.03	416.17	451.87	9.76	5.38
Net Income Growth	27.44%	-71.64%	-7.90%	4532.19%	81.35%	-91.00%
Shares Outstanding (Basic)	1,416	1,416	1,416	1,415	1,413	1,413
Shares Outstanding (Diluted)	1,416	1,416	1,416	1,415	1,413	1,413
Shares Change (YoY)	0.01%	-0.03%	0.10%	0.10%	0.03%	-0.19%
EPS (Basic)	0.12	0.08	0.29	0.32	0.01	0.00
EPS (Diluted)	0.12	0.08	0.29	0.32	0.01	0.00
EPS Growth	27.43%	-71.63%	-7.99%	4528.27%	81.27%	-90.98%
Free Cash Flow	183.72	196.15	412.41	209.68	8.76	-108.34
Free Cash Flow Per Share	0.13	0.14	0.29	0.15	0.01	-0.08
Dividend Per Share	0.034	0.029	0.118	0.080	-	0.001
Dividend Growth	-65.15%	-75.18%	47.51%	-	-	-
Gross Margin	19.19%	16.42%	29.64%	36.41%	12.08%	8.76%
Operating Margin	12.93%	10.18%	22.97%	30.27%	5.12%	2.95%
Profit Margin	10.94%	7.64%	22.61%	28.51%	0.92%	0.52%
Free Cash Flow Margin	11.76%	12.70%	22.40%	13.23%	0.83%	-10.52%
EBITDA	337.72	289.94	548.75	599.43	171.25	109.85
EBITDA Margin	21.62%	18.78%	29.81%	37.82%	16.13%	10.67%
D&A For EBITDA	135.83	132.83	125.81	119.75	116.9	79.45
EBIT	201.89	157.12	422.94	479.68	54.35	30.4
EBIT Margin	12.93%	10.18%	22.97%	30.27%	5.12%	2.95%
Effective Tax Rate	-	0.14%	0.10%	0.24%	2.82%	3.62%

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