Carthage Cement Income Statement

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

Millions TND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	400.26	428.84	442.26	382.17	341.06	267.48
Revenue Growth (YoY)	-9.94%	-3.03%	15.72%	12.05%	27.51%	3.73%
Cost of Revenue	184.13	201.81	221.93	198.06	166.87	119.54
Gross Profit	216.13	227.03	220.33	184.11	174.19	147.95
Selling, General & Admin	49.33	48.21	48.71	39.51	43.01	36.9
Other Operating Expenses	14.57	14	15.28	14.99	12.66	10.34
Operating Expenses	121.31	117.77	117.68	102.32	102.98	88.35
Operating Income	94.82	109.25	102.65	81.78	71.21	59.6
Interest Expense	-30.68	-32.66	-34.32	-32.67	-33.39	-33.89
Interest & Investment Income	9.05	7.07	3.91	0.08	0.14	0.71
Currency Exchange Gain (Loss)	-0.63	-0.55	-0.02	-0.59	0.38	-0.02
Other Non Operating Income (Expenses)	-8.71	-11.87	-16.01	-12.73	-6.18	-6.89
EBT Excluding Unusual Items	63.85	71.24	56.2	35.86	32.15	19.51
Pretax Income	63.85	71.24	56.2	36.5	32.26	19.95
Income Tax Expense	0.91	0.99	1.01	0.85	0.76	0.59
Net Income	62.94	70.26	55.19	35.65	31.51	19.36
Net Income to Common	62.94	70.26	55.19	35.65	31.51	19.36
Net Income Growth	-5.59%	27.29%	54.82%	13.14%	62.72%	-
Shares Outstanding (Basic)	344	344	344	344	344	344
Shares Outstanding (Diluted)	344	344	344	344	344	344
Shares Change (YoY)	-	-	-	-	-	99.63%
EPS (Basic)	0.18	0.20	0.16	0.10	0.09	0.06
EPS (Diluted)	0.18	0.20	0.16	0.10	0.09	0.06
EPS Growth	-5.59%	27.29%	54.82%	13.14%	62.72%	-
Free Cash Flow	125.39	113.41	63.11	64.9	50.84	15.06
Free Cash Flow Per Share	0.36	0.33	0.18	0.19	0.15	0.04
Gross Margin	54.00%	52.94%	49.82%	48.17%	51.07%	55.31%
Operating Margin	23.69%	25.48%	23.21%	21.40%	20.88%	22.28%
Profit Margin	15.72%	16.38%	12.48%	9.33%	9.24%	7.24%
Free Cash Flow Margin	31.33%	26.45%	14.27%	16.98%	14.91%	5.63%
EBITDA	147.24	160.67	151.56	128.62	114.76	99.39
EBITDA Margin	36.79%	37.47%	34.27%	33.66%	33.65%	37.16%
D&A For EBITDA	52.41	51.41	48.91	46.84	43.56	39.79
EBIT	94.82	109.25	102.65	81.78	71.21	59.6
EBIT Margin	23.69%	25.48%	23.21%	21.40%	20.88%	22.28%
Effective Tax Rate	1.43%	1.39%	1.80%	2.33%	2.34%	2.95%
Revenue as Reported	400.26	428.84	442.26	382.17	341.06	267.48
Advertising Expenses	-	0.14	0.15	0.14	0.12	0.08

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.