Tunisie Leasing & Factoring Société anonyme (BVMT: TLS)

BVMT: TLS 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	296.38	296.38	267.2	257.33	269.61	287.93
Other Revenue	2.33	2.33	6.51	2.95	11.36	1.52
Revenue	298.7	298.7	273.7	260.28	280.97	289.45
Revenue Growth (YoY)	3.20%	9.13%	5.16%	-7.36%	-2.93%	3.36%
Cost of Revenue	27.79	27.79	22.08	20.3	21.62	19.4
Gross Profit	270.91	270.91	251.62	239.98	259.35	270.05
Selling, General & Admin	50.7	50.7	47.22	43.01	47.91	44.82
Other Operating Expenses	32.79	32.79	31.82	30.63	37.19	33.93
Operating Expenses	99.24	99.24	100.96	111.05	129.43	108.89
Operating Income	171.67	171.67	150.67	128.92	129.92	161.16
Interest Expense	-110.38	-110.38	-101.03	-102.73	-113.94	-126.88
Earnings From Equity Investments	0.28	0.28	0.06	0.19	1.03	0.78
Other Non Operating Income (Expenses)	2.88	2.88	-1.87	-5.28	6.98	-3.22
EBT Excluding Unusual Items	64.44	64.44	47.83	21.1	23.99	31.83
Gain (Loss) on Sale of Investments	-0.78	-0.78	-1.21	-4.16	0.28	-0.23
Asset Writedown	-	-	0.41	-0.41	-	-
Pretax Income	63.67	63.67	47.04	16.53	24.26	31.61
Income Tax Expense	26.11	26.11	17.48	9.76	10.84	15.2
Earnings From Continuing Operations	37.56	37.56	29.55	6.77	13.43	16.4
Minority Interest in Earnings	-9.34	-9.34	-8.85	4.27	-4.45	-5.28
Net Income	28.22	28.22	20.71	11.04	8.98	11.13
Net Income to Common	28.22	28.22	20.71	11.04	8.98	11.13
Net Income Growth	153.58%	36.27%	87.55%	22.95%	-19.31%	-13.54%
Shares Outstanding (Basic)	11	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11	11
Shares Change (YoY)	-	-	-	-	-	14.29%
EPS (Basic)	2.61	2.61	1.92	1.02	0.83	1.03
EPS (Diluted)	2.61	2.61	1.92	1.02	0.83	1.03
EPS Growth	153.58%	36.27%	87.55%	22.95%	-19.31%	-24.34%
Free Cash Flow	-40.49	-40.49	14.01	101.37	154.68	96.8
Free Cash Flow Per Share	-3.75	-3.75	1.30	9.39	14.32	8.96
Dividend Per Share	1.100	1.100	0.850	0.500	0.360	-
Dividend Growth	-	29.41%	70.00%	38.89%	-	-
Gross Margin	90.70%	90.70%	91.93%	92.20%	92.31%	93.30%
Operating Margin	57.47%	57.47%	55.05%	49.53%	46.24%	55.68%
Profit Margin	9.45%	9.45%	7.57%	4.24%	3.20%	3.84%
Free Cash Flow Margin	-13.56%	-13.56%	5.12%	38.95%	55.05%	33.44%
EBITDA	195.24	195.24	155.65	133.18	137.89	166.51
EBITDA Margin	65.36%	65.36%	56.87%	51.17%	49.08%	57.53%
D&A For EBITDA	23.57	23.57	4.98	4.26	7.97	5.35
EBIT	171.67	171.67	150.67	128.92	129.92	161.16
EBIT Margin	57.47%	57.47%	55.05%	49.53%	46.24%	55.68%
Effective Tax Rate	41.01%	41.01%	37.17%	59.03%	44.67%	48.10%
Revenue as Reported	301.24	301.24	276.51	-	-	-

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