British American Tobacco Bangladesh Company Limited (DSE: BATBC)

BATBC Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	93,115	91,668	84,232	74,828	60,291	56,821
Revenue Growth (YoY)	2.83%	8.83%	12.57%	24.11%	6.11%	3.99%
Cost of Revenue	49,453	47,386	40,198	35,168	30,670	30,153
Gross Profit	43,662	44,282	44,034	39,660	29,620	26,668
Selling, General & Admin	8,556	9,356	8,968	8,864	7,452	7,875
Other Operating Expenses	1,318	1,318	981.3	306.98	266.06	549.39
Operating Expenses	10,305	11,105	10,318	9,515	8,048	8,817
Operating Income	33,357	33,178	33,716	30,145	21,572	17,851
Interest Expense	-972.79	-583.06	-563.53	-371.8	-326.51	-581.95
Interest & Investment Income	183.62	183.62	58.25	37.47	251.5	110.59
Other Non Operating Income (Expenses)	2,533	2,497	1,745	130.86	35.16	25.83
EBT Excluding Unusual Items	35,101	35,275	34,956	29,941	21,532	17,405
Gain (Loss) on Sale of Assets	-4.69	-4.69	37.42	-25.43	16.47	-1.53
Other Unusual Items	-	-	-	-14.38	-458.63	-
Pretax Income	35,096	35,270	34,993	29,902	21,090	17,404
Income Tax Expense	17,549	17,392	17,121	14,933	10,203	8,158
Net Income	17,548	17,879	17,872	14,969	10,887	9,246
Net Income to Common	17,548	17,879	17,872	14,969	10,887	9,246
Net Income Growth	-3.51%	0.04%	19.40%	37.49%	17.74%	-7.65%
Shares Outstanding (Basic)	540	540	540	540	540	540
Shares Outstanding (Diluted)	540	540	540	540	540	540
EPS (Basic)	32.50	33.11	33.10	27.72	20.16	17.12
EPS (Diluted)	32.50	33.11	33.10	27.72	20.16	17.12
EPS Growth	-3.51%	0.04%	19.40%	37.49%	17.74%	-7.65%
Free Cash Flow	14,423	4,105	20,896	2,608	13,584	12,374
Free Cash Flow Per Share	26.71	7.60	38.70	4.83	25.16	22.91
Dividend Per Share	25.000	10.000	20.000	27.500	13.333	13.333
Dividend Growth	150.00%	-50.00%	-27.27%	106.25%	0%	140.00%
Gross Margin	46.89%	48.31%	52.28%	53.00%	49.13%	46.93%
Operating Margin	35.82%	36.19%	40.03%	40.29%	35.78%	31.42%
Profit Margin	18.85%	19.50%	21.22%	20.00%	18.06%	16.27%
Free Cash Flow Margin	15.49%	4.48%	24.81%	3.49%	22.53%	21.78%
EBITDA	35,022	35,071	35,518	31,733	22,940	19,084
EBITDA Margin	37.61%	38.26%	42.17%	42.41%	38.05%	33.59%
D&A For EBITDA	1,665	1,893	1,802	1,588	1,368	1,233
EBIT	33,357	33,178	33,716	30,145	21,572	17,851
EBIT Margin	35.82%	36.19%	40.03%	40.29%	35.78%	31.42%
Effective Tax Rate	50.00%	49.31%	48.93%	49.94%	48.38%	46.87%
Revenue as Reported	93,115	91,668	84,232	74,828	60,291	56,821

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