Société d'Exploitation des Ports (CBSE:MSA)
Morocco · Delayed Price · Currency is MAD 932.00
-17.00 (-1.79%)
At close: Jan 30, 2026
CBSE:MSA Income Statement
Financials in millions MAD. Fiscal year is January - December.
Millions MAD. 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 |
Operating Revenue | 5,368 | 5,008 | 4,320 | 3,949 | 3,592 | 2,757 |
| 5,368 | 5,008 | 4,320 | 3,949 | 3,592 | 2,757 | |
Revenue Growth (YoY) | 14.63% | 15.93% | 9.40% | 9.94% | 30.28% | -5.23% |
Cost of Revenue | 2,385 | 2,363 | 2,215 | 2,045 | 1,940 | 1,595 |
Gross Profit | 2,984 | 2,645 | 2,105 | 1,904 | 1,652 | 1,162 |
Amortization of Goodwill & Intangibles | 3.61 | 1.81 | - | - | - | - |
Other Operating Expenses | 571.04 | 557.68 | 550.2 | 540.93 | 522.22 | 403.38 |
Operating Expenses | 684.9 | 559.49 | 550.2 | 540.93 | 522.22 | 403.38 |
Operating Income | 2,299 | 2,086 | 1,555 | 1,363 | 1,129 | 758.74 |
Interest Expense | - | - | - | -69.61 | -71.09 | -25.16 |
Interest & Investment Income | 21.87 | 0.13 | - | - | - | - |
Currency Exchange Gain (Loss) | -31.88 | -31.88 | -8.66 | 6.86 | 10.21 | - |
Other Non Operating Income (Expenses) | 0 | - | -28.51 | -0.04 | -0.01 | - |
EBT Excluding Unusual Items | 2,289 | 2,054 | 1,517 | 1,301 | 1,068 | 733.58 |
Other Unusual Items | -55.43 | -64.19 | -189.97 | -52.82 | -46.51 | -337.13 |
Pretax Income | 2,233 | 1,990 | 1,328 | 1,248 | 1,022 | 396.45 |
Income Tax Expense | 613.68 | 531.57 | 322.53 | 303.52 | 286.3 | 131.59 |
Earnings From Continuing Operations | 1,620 | 1,458 | 1,005 | 944.28 | 735.67 | 264.86 |
Minority Interest in Earnings | -205.89 | -191.44 | -152.75 | -127.49 | -69.31 | 27.01 |
Net Income | 1,414 | 1,267 | 852.23 | 816.79 | 666.36 | 291.88 |
Net Income to Common | 1,414 | 1,267 | 852.23 | 816.79 | 666.36 | 291.88 |
Net Income Growth | 35.23% | 48.67% | 4.34% | 22.57% | 128.30% | -56.54% |
Shares Outstanding (Basic) | 73 | 73 | 73 | 73 | 73 | 73 |
Shares Outstanding (Diluted) | 73 | 73 | 73 | 73 | 73 | 73 |
Shares Change (YoY) | -0.02% | - | - | - | 0.08% | -0.08% |
EPS (Basic) | 19.26 | 17.26 | 11.61 | 11.13 | 9.08 | 3.98 |
EPS (Diluted) | 19.26 | 17.26 | 11.61 | 11.13 | 9.08 | 3.98 |
EPS Growth | 35.26% | 48.67% | 4.34% | 22.57% | 128.12% | -56.50% |
Free Cash Flow | - | 1,582 | 1,055 | 1,214 | 198 | -144.57 |
Free Cash Flow Per Share | - | 21.56 | 14.37 | 16.54 | 2.70 | -1.97 |
Dividend Per Share | - | 9.500 | 8.500 | 8.000 | 7.200 | 8.000 |
Dividend Growth | - | 11.77% | 6.25% | 11.11% | -10.00% | -17.53% |
Gross Margin | 55.58% | 52.82% | 48.72% | 48.22% | 45.98% | 42.15% |
Operating Margin | 42.82% | 41.65% | 35.99% | 34.52% | 31.44% | 27.52% |
Profit Margin | 26.34% | 25.30% | 19.73% | 20.68% | 18.55% | 10.59% |
Free Cash Flow Margin | - | 31.59% | 24.41% | 30.73% | 5.51% | -5.24% |
EBITDA | 2,796 | 2,579 | 2,039 | 1,845 | - | - |
EBITDA Margin | 52.08% | 51.50% | 47.20% | 46.72% | - | - |
D&A For EBITDA | 497.28 | 493.06 | 484.64 | 481.38 | - | - |
EBIT | 2,299 | 2,086 | 1,555 | 1,363 | 1,129 | 758.74 |
EBIT Margin | 42.82% | 41.65% | 35.99% | 34.52% | 31.44% | 27.52% |
Effective Tax Rate | 27.48% | 26.71% | 24.30% | 24.32% | 28.02% | 33.19% |
Revenue as Reported | 5,415 | 5,065 | 4,364 | 4,014 | 3,663 | 2,854 |
Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.