Societe d'Equipement Domestique et Menager (EQDOM) S.A (CBSE: EQD)

EQD Income Statement

Financials in millions MAD. 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
Interest and Dividend Income	516.42	516.42	554.16	570.55	559.5	548.66
Total Interest Expense	159.31	159.31	144.7	153.09	168.5	184.35
Net Interest Income	357.11	357.11	409.47	417.46	390.99	364.31
Commissions and Fees	66.92	66.92	67.03	77.4	64.3	134.6
Other Revenue	1,258	1,258	1,301	1,420	1,489	1,696
Revenue Before Loan Losses	1,682	1,682	1,777	1,915	1,944	2,195
Provision for Loan Losses	105.79	105.79	129.78	184.86	145.8	72.24
Revenue	1,576	1,576	1,647	1,730	1,799	2,123
Revenue Growth (YoY)	-8.89%	-4.30%	-4.79%	-3.80%	-15.28%	6.68%
Salaries & Employee Benefits	97.39	97.39	87.19	89.55	93.33	88.25
Cost of Services Provided	1,298	1,298	1,362	1,478	1,568	1,784
Other Operating Expenses	12.81	12.81	9.37	41.27	31.08	8.75
Total Operating Expenses	1,424	1,424	1,473	1,619	1,700	1,890
Operating Income	152.66	152.66	174.26	110.73	98.12	233.17
EBT Excluding Unusual Items	152.66	152.66	174.26	110.73	98.12	233.17
Other Unusual Items	1.23	1.23	-11.33	-6.33	-15.42	-4.77
Pretax Income	153.88	153.88	162.94	104.4	82.71	228.4
Income Tax Expense	64.76	64.76	74.03	71.11	47.34	91.73
Earnings From Continuing Ops.	89.13	89.13	88.91	33.29	35.36	136.67
Minority Interest in Earnings	-0.55	-0.55	-0.6	-0.69	-0.76	-0.76
Net Income	88.57	88.57	88.32	32.6	34.6	135.91
Net Income to Common	88.57	88.57	88.32	32.6	34.6	135.91
Net Income Growth	171.67%	0.29%	170.88%	-5.77%	-74.54%	4.50%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
EPS (Basic)	53.03	53.03	52.88	19.52	20.71	81.37
EPS (Diluted)	53.03	53.03	52.88	19.52	20.71	81.37
EPS Growth	171.67%	0.29%	170.88%	-5.77%	-74.54%	4.50%
Free Cash Flow	36.16	36.16	78.96	32.07	0.05	118.37
Free Cash Flow Per Share	21.65	21.65	47.27	19.20	0.03	70.87
Dividend Per Share	55.000	55.000	55.000	40.000	65.000	-
Dividend Growth	37.50%	0%	37.50%	-38.46%	-	-
Operating Margin	9.68%	9.68%	10.58%	6.40%	5.46%	10.98%
Profit Margin	5.62%	5.62%	5.36%	1.88%	1.92%	6.40%
Free Cash Flow Margin	2.29%	2.29%	4.79%	1.85%	0.00%	5.58%
Effective Tax Rate	42.08%	42.08%	45.43%	68.11%	57.24%	40.16%

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