Arab Tunisian Lease S.A. (BVMT: ATL)

Arab Tunisian Lease Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	5.97	5.97	4.8	3.28	2.44	2.71
Other Revenue	82.93	82.93	73.76	71.73	67.65	66.87
Revenue	88.89	88.89	78.56	75	70.09	69.58
Revenue Growth (YoY)	30.10%	13.15%	4.74%	7.01%	0.73%	7.72%
Cost of Revenue	1.55	1.55	1.05	0.31	0.24	0.18
Gross Profit	87.34	87.34	77.51	74.69	69.85	69.4
Selling, General & Admin	11.94	11.94	10.65	9.25	8.21	7.43
Other Operating Expenses	3.36	3.36	3.43	2.77	1.82	2.42
Operating Expenses	20.36	20.36	22.57	23.52	19.32	23.03
Operating Income	66.98	66.98	54.94	51.17	50.53	46.37
Interest Expense	-29.67	-29.67	-28.85	-31.55	-35.39	-38.54
Interest & Investment Income	4.62	4.62	4.51	4.68	1.2	1.04
Currency Exchange Gain (Loss)	-	-	-2.54	-4.86	-0.26	11.83
Other Non Operating Income (Expenses)	-11.02	-11.02	-3.97	-3	-5.31	-15.71
EBT Excluding Unusual Items	30.92	30.92	24.09	16.44	10.77	4.99
Gain (Loss) on Sale of Investments	-0.01	-0.01	-0.05	-0.35	-1.3	-1.34
Other Unusual Items	-1.5	-1.5	-0.06	-0.63	0.21	0.1
Pretax Income	29.41	29.41	23.98	15.46	9.68	3.75
Income Tax Expense	9.43	9.43	7.71	4.33	4.4	2.08
Earnings From Continuing Operations	19.98	19.98	16.27	11.13	5.28	1.67
Minority Interest in Earnings	-0	-0	-0	0	0	-
Net Income	19.98	19.98	16.27	11.13	5.28	1.67
Net Income to Common	19.98	19.98	16.27	11.13	5.28	1.67
Net Income Growth	521.39%	22.77%	46.16%	110.85%	216.81%	-81.56%
Shares Outstanding (Basic)	33	33	33	33	33	29
Shares Outstanding (Diluted)	33	33	33	33	33	29
Shares Change (YoY)	-2.47%	-	-	-	13.04%	15.00%
EPS (Basic)	0.61	0.61	0.50	0.34	0.16	0.06
EPS (Diluted)	0.61	0.61	0.50	0.34	0.16	0.06
EPS Growth	537.14%	22.77%	46.16%	110.85%	180.25%	-83.97%
Free Cash Flow	-49.76	-49.76	78.72	-38.42	9.13	57.61
Free Cash Flow Per Share	-1.53	-1.53	2.42	-1.18	0.28	2.00
Dividend Per Share	0.300	0.300	0.270	-	0.075	-
Dividend Growth	-	11.11%	-	-	-	-
Gross Margin	98.26%	98.26%	98.66%	99.59%	99.65%	99.74%
Operating Margin	75.35%	75.35%	69.94%	68.23%	72.09%	66.64%
Profit Margin	22.47%	22.47%	20.71%	14.84%	7.53%	2.40%
Free Cash Flow Margin	-55.98%	-55.98%	100.20%	-51.22%	13.02%	82.79%
EBITDA	67.52	67.52	55.4	51.68	51.13	47.18
EBITDA Margin	75.96%	75.96%	70.53%	68.91%	72.96%	67.80%
D&A For EBITDA	0.54	0.54	0.46	0.51	0.61	0.81
EBIT	66.98	66.98	54.94	51.17	50.53	46.37
EBIT Margin	75.35%	75.35%	69.94%	68.23%	72.09%	66.64%
Effective Tax Rate	32.07%	32.07%	32.16%	27.99%	45.44%	55.55%
Revenue as Reported	88.58	88.58	79.93	75.43	66.98	68.72
Advertising Expenses	0.23	0.23	0.16	0.13	0.27	0.14

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