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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,528	1,544	1,841	1,585	1,061	1,029
Revenue Growth (YoY)	-5.80%	-16.13%	16.16%	49.31%	3.11%	12.95%
Cost of Revenue	1,264	1,290	1,295	1,008	933.15	939.16
Gross Profit	264.93	253.49	545.61	577.04	128.27	90.22
Selling, General & Admin	92.47	95.26	122.76	94.24	71.08	59.2
Other Operating Expenses	1.09	1.11	-0.09	0.09	-0.15	0.87
Operating Expenses	93.56	96.38	122.67	97.36	73.92	59.82
Operating Income	171.37	157.12	422.94	479.68	54.35	30.4
Interest Expense	-42.97	-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)	0.22	2.95	9.38	10.06	-16.8	4.52
Other Non Operating Income (Expenses)	1.28	1.51	2.22	1.11	2.27	2.65
EBT Excluding Unusual Items	133.28	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	133.28	118.19	416.57	452.94	10.04	5.58
Income Tax Expense	-0.37	0.17	0.41	1.07	0.28	0.2
Net Income	133.65	118.03	416.17	451.87	9.76	5.38
Net Income to Common	133.65	118.03	416.17	451.87	9.76	5.38
Net Income Growth	-18.89%	-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)	0.09	0.08	0.29	0.32	0.01	0.00
EPS (Diluted)	0.09	0.08	0.29	0.32	0.01	0.00
EPS Growth	-18.89%	-71.63%	-7.99%	4528.27%	81.27%	-90.98%
Free Cash Flow	210.66	196.15	412.41	209.68	8.76	-108.34
Free Cash Flow Per Share	0.15	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	17.33%	16.42%	29.64%	36.41%	12.08%	8.76%
Operating Margin	11.21%	10.18%	22.97%	30.27%	5.12%	2.95%
Profit Margin	8.74%	7.64%	22.61%	28.51%	0.92%	0.52%
Free Cash Flow Margin	13.78%	12.70%	22.40%	13.23%	0.83%	-10.52%
EBITDA	306.55	289.94	548.75	599.43	171.25	109.85
EBITDA Margin	20.06%	18.78%	29.81%	37.82%	16.13%	10.67%
D&A For EBITDA	135.18	132.83	125.81	119.75	116.9	79.45
EBIT	171.37	157.12	422.94	479.68	54.35	30.4
EBIT Margin	11.21%	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.