Compagnie de Transports au Maroc Société Anonyme (CBSE:CTM)

CBSE:CTM Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2019
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2019
Revenue	1,302	656.09	605.17	529.99	655.29
Revenue Growth (YoY)	98.37%	8.42%	14.18%	-19.12%	-0.30%
Cost of Revenue	870.31	396.5	390.59	312.88	351.88
Gross Profit	431.2	259.59	214.58	217.12	303.42
Selling, General & Admin	307.63	112.09	103.32	91.68	100.26
Other Operating Expenses	95.1	94.37	5.49	-0.13	120.25
Operating Expenses	402.73	206.45	208.77	191.68	220.5
Operating Income	28.46	53.14	5.8	25.44	82.91
Interest Expense	-14.62	-3.19	-4.28	-5.49	-7.66
Interest & Investment Income	2.39	3.2	1.04	1.28	0.83
Other Non Operating Income (Expenses)	-	-	0	-0	-
EBT Excluding Unusual Items	16.24	53.15	2.56	21.22	76.08
Other Unusual Items	25.2	35.94	37.95	19.55	18.09
Pretax Income	41.44	89.09	40.51	40.77	94.17
Income Tax Expense	17.44	25.99	5.07	5.57	30.73
Earnings From Continuing Operations	24	63.1	35.44	35.2	63.44
Minority Interest in Earnings	22.62	-0	-0	0	-0
Net Income	46.62	63.1	35.44	35.21	63.43
Net Income to Common	46.62	63.1	35.44	35.21	63.43
Net Income Growth	-26.11%	78.04%	0.67%	-44.50%	-4.22%
Shares Outstanding (Basic)	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1
EPS (Basic)	38.03	51.47	28.91	28.72	51.74
EPS (Diluted)	38.03	51.47	28.91	28.72	51.74
EPS Growth	-26.11%	78.04%	0.67%	-44.50%	-
Free Cash Flow	195.11	-94.3	72.43	19.71	-68.87
Free Cash Flow Per Share	159.14	-76.92	59.08	16.08	-56.17
Dividend Per Share	-	15.000	25.000	-	-
Dividend Growth	-	-40.00%	-	-	-
Gross Margin	33.13%	39.57%	35.46%	40.97%	46.30%
Operating Margin	2.19%	8.10%	0.96%	4.80%	12.65%
Profit Margin	3.58%	9.62%	5.86%	6.64%	9.68%
Free Cash Flow Margin	14.99%	-14.37%	11.97%	3.72%	-10.51%
EBITDA	124.56	142.35	102.06	125.57	189.91
EBITDA Margin	9.57%	21.70%	16.86%	23.69%	28.98%
D&A For EBITDA	96.1	89.22	96.25	100.13	107
EBIT	28.46	53.14	5.8	25.44	82.91
EBIT Margin	2.19%	8.10%	0.96%	4.80%	12.65%
Effective Tax Rate	42.09%	29.17%	12.51%	13.65%	32.63%
Revenue as Reported	1,324	665.11	611.18	-	661.75

Updated Oct 4, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.