Precision Air Services Plc (DAR:PAL)

Precision Air Services Income Statement

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

Fiscal Year	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	162,193	62,499	139,817	117,667	71,153
Revenue Growth (YoY)	159.51%	-55.30%	18.82%	65.37%	25.10%
Cost of Revenue	129,555	62,015	120,953	111,715	77,476
Gross Profit	32,638	484.64	18,864	5,952	-6,324
Selling, General & Admin	55,220	10,307	40,998	4,047	19,290
Other Operating Expenses	-	-854.82	-	-1,172	-522.18
Operating Expenses	55,325	9,453	41,175	2,626	18,768
Operating Income	-22,688	-8,968	-22,312	3,326	-25,092
Interest Expense	-23,109	-23,641	-18,883	-18,375	-17,394
Interest & Investment Income	84.23	-	-	-	-
Currency Exchange Gain (Loss)	20,518	-	-35,591	-1,347	-841.98
EBT Excluding Unusual Items	-25,194	-32,609	-76,786	-16,395	-43,328
Gain (Loss) on Sale of Assets	-	-	-	580.42	16.5
Asset Writedown	-6,561	-	-607.91	21,729	-
Pretax Income	-31,756	-32,609	-77,394	5,915	-43,312
Earnings From Continuing Operations	-31,756	-32,609	-77,394	5,915	-43,312
Minority Interest in Earnings	-	-	-	1.82	0.15
Net Income	-31,756	-32,609	-77,394	5,916	-43,312
Net Income to Common	-31,756	-32,609	-77,394	5,916	-43,312
Shares Outstanding (Basic)	160	160	160	160	160
Shares Outstanding (Diluted)	160	160	160	160	160
EPS (Basic)	-197.89	-203.20	-482.29	36.87	-269.90
EPS (Diluted)	-197.89	-203.20	-482.29	36.87	-269.90
Free Cash Flow	6,929	-1,526	5,625	11,982	-174.11
Free Cash Flow Per Share	43.18	-9.51	35.05	74.67	-1.08
Gross Margin	20.12%	0.78%	13.49%	5.06%	-8.89%
Operating Margin	-13.99%	-14.35%	-15.96%	2.83%	-35.27%
Profit Margin	-19.58%	-52.17%	-55.35%	5.03%	-60.87%
Free Cash Flow Margin	4.27%	-2.44%	4.02%	10.18%	-0.24%
EBITDA	-5,460	-1,189	-4,007	27,710	30.62
EBITDA Margin	-3.37%	-1.90%	-2.87%	23.55%	0.04%
D&A For EBITDA	17,228	7,779	18,305	24,383	25,122
EBIT	-22,688	-8,968	-22,312	3,326	-25,092
EBIT Margin	-13.99%	-14.35%	-15.96%	2.83%	-35.27%
Advertising Expenses	2,209	-	1,768	1,611	1,107

Updated Jan 15, 2020. Source: S&P Global Market Intelligence. Standard template. Financial Sources.