CBSE:SMI 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 2021	FY 2020	FY 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	1,286	1,238	1,212	901.52	1,015	1,047
Revenue Growth (YoY)	1.78%	2.13%	34.47%	-11.20%	-3.07%	18.25%
Cost of Revenue	440.87	438.85	426.36	394.26	303.21	330.65
Gross Profit	845.54	799.23	785.95	507.26	711.98	716.72
Selling, General & Admin	348.93	339.65	306.51	308.6	318.32	327.33
Other Operating Expenses	204.62	198.56	244.12	266.33	291.35	276.79
Operating Expenses	553.55	538.22	550.63	574.92	609.67	604.12
Operating Income	291.99	261.01	235.32	-67.66	102.31	112.59
Interest Expense	-3.5	-4.43	-5.82	-6.94	-6.78	-8.62
Interest & Investment Income	16.28	19.5	10.57	12.25	7.36	3.59
Currency Exchange Gain (Loss)	-21.31	-3.73	-7.14	5.53	-4.09	-6.81
Other Non Operating Income (Expenses)	-6.72	3.75	-0.69	-0.1	0.77	-0.64
EBT Excluding Unusual Items	276.75	276.1	232.24	-56.91	99.57	100.11
Gain (Loss) on Sale of Assets	-	-	-	-	0.02	-
Asset Writedown	-37.44	-36.1	-35.12	-35.03	-31.71	-36.09
Other Unusual Items	23.42	24.06	22.35	28.99	38.14	31.41
Pretax Income	262.73	264.06	219.48	-62.95	106.02	95.43
Income Tax Expense	84.11	77.34	51.02	3.58	8.64	4.29
Net Income	178.62	186.72	168.46	-66.53	97.38	91.14
Net Income to Common	178.62	186.72	168.46	-66.53	97.38	91.14
Net Income Growth	-25.73%	10.84%	-	-	6.85%	-
Shares Outstanding (Basic)	2	2	-	2	2	2
Shares Outstanding (Diluted)	2	2	-	2	2	2
EPS (Basic)	108.58	113.50	-	-40.44	59.20	55.40
EPS (Diluted)	108.58	113.50	-	-40.44	59.20	55.40
EPS Growth	-25.73%	-	-	-	6.85%	-
Free Cash Flow	-	-	-	-161.71	-1,715	153.97
Free Cash Flow Per Share	-	-	-	-98.30	-1042.29	93.59
Dividend Per Share	80.000	80.000	-	-	50.000	-
Gross Margin	65.73%	64.55%	64.83%	56.27%	70.13%	68.43%
Operating Margin	22.70%	21.08%	19.41%	-7.51%	10.08%	10.75%
Profit Margin	13.88%	15.08%	13.89%	-7.38%	9.59%	8.70%
Free Cash Flow Margin	-	-	-	-17.94%	-168.90%	14.70%
EBITDA	-	-	-	120.98	311.31	385.16
EBITDA Margin	-	-	-	13.42%	30.66%	36.77%
D&A For EBITDA	-	-	-	188.64	209.01	272.56
EBIT	291.99	261.01	235.32	-67.66	102.31	112.59
EBIT Margin	22.70%	21.08%	19.41%	-7.51%	10.08%	10.75%
Effective Tax Rate	32.01%	29.29%	23.25%	-	8.15%	4.49%
Revenue as Reported	1,311	1,266	1,205	906.35	1,037	1,082

Source: S&P Global Market Intelligence. Standard template. Financial Sources.