Abans Finance PLC (COSE: AFSL.N0000)

Abans Finance Income Statement

Financials in millions LKR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest and Dividend Income	2,553	2,606	2,652	1,932	1,686	1,839
Total Interest Expense	1,243	1,394	1,231	547.03	654.61	876.73
Net Interest Income	1,310	1,212	1,421	1,385	1,032	962.11
Commissions and Fees	221.85	208.7	190.99	161.69	129.9	185.76
Other Revenue	45.78	31.42	2.65	6.44	0.32	0.24
Revenue Before Loan Losses	1,578	1,453	1,615	1,553	1,162	1,148
Provision for Loan Losses	460.71	382.42	82.16	130.5	108.27	333.25
Revenue	1,117	1,070	1,532	1,423	1,054	814.86
Revenue Growth (YoY)	-26.46%	-30.17%	7.71%	35.02%	29.31%	1.51%
Salaries & Employee Benefits	398.17	383.24	399.83	335.54	273.47	269.97
Cost of Services Provided	63.39	67.22	81.54	62.81	53.16	53.62
Other Operating Expenses	460.73	435.6	450.55	343.87	242.36	268.25
Total Operating Expenses	998.94	960.73	998.27	807.41	637.84	660.75
Operating Income	118.19	109.41	534.12	615.23	415.83	154.11
EBT Excluding Unusual Items	118.19	109.41	534.12	615.23	423.62	154.11
Pretax Income	118.19	109.41	533.23	615.24	427.17	153.95
Income Tax Expense	9.97	5.07	178.17	184.93	139.98	50.52
Net Income	108.22	104.34	355.06	430.31	287.19	103.43
Net Income to Common	108.22	104.34	355.06	430.31	287.19	103.43
Net Income Growth	-67.54%	-70.61%	-17.49%	49.83%	177.67%	336.01%
Shares Outstanding (Basic)	74	74	74	67	67	67
Shares Outstanding (Diluted)	74	74	74	67	67	67
Shares Change (YoY)	-2.66%	-	10.71%	-	-	-
EPS (Basic)	1.47	1.42	4.82	6.46	4.31	1.55
EPS (Diluted)	1.47	1.42	4.82	6.46	4.31	1.55
EPS Growth	-66.66%	-70.61%	-25.47%	49.83%	177.67%	336.01%
Free Cash Flow	1,270	2,134	801.54	-598.28	232.34	-653.89
Free Cash Flow Per Share	17.28	28.96	10.88	-8.99	3.49	-9.82
Operating Margin	10.58%	10.22%	34.86%	43.25%	39.47%	18.91%
Profit Margin	9.69%	9.75%	23.17%	30.25%	27.26%	12.69%
Free Cash Flow Margin	113.72%	199.44%	52.31%	-42.05%	22.05%	-80.25%
Effective Tax Rate	8.44%	4.64%	33.41%	30.06%	32.77%	32.82%

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