Fareast Finance & Investment Limited (DSE: FAREASTFIN)

DSE: FAREASTFIN Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Interest and Dividend Income	84.25	144.85	106.88	791.1	772.44	1,259
Total Interest Expense	708.3	670.36	716.27	833.26	1,010	1,145
Net Interest Income	-624.05	-525.5	-609.39	-42.16	-237.18	114.37
Other Revenue	-10.43	-8.5	-7.16	-5.76	-7.65	0.23
Revenue Before Loan Losses	-634.49	-534.01	-616.55	-47.92	-244.83	114.61
Provision for Loan Losses	38.64	78.62	1,458	173.29	348.96	-141.61
Revenue	-673.12	-612.62	-2,074	-221.21	-593.78	256.22
Salaries & Employee Benefits	22.08	20.96	21.76	37.75	51.38	59.45
Cost of Services Provided	18.3	16.75	14.87	26.11	41.73	37.55
Other Operating Expenses	-6.08	3.96	5.63	-1.02	5.24	11.59
Total Operating Expenses	34.9	41.91	43.13	67.24	105	115.87
Operating Income	-708.03	-654.53	-2,118	-288.45	-698.79	140.35
EBT Excluding Unusual Items	-844.14	-979.78	-2,307	-302.39	-698.79	140.35
Gain (Loss) on Sale of Investments	1.41	-0.16	0.77	14.99	-21.93	-8.59
Other Unusual Items	4.78	4.78	0.1	-	-	-
Pretax Income	-837.82	-974.69	-2,306	-284.08	-718.84	131.95
Income Tax Expense	148.04	148.54	0.69	1.38	-0.84	-0.58
Net Income	-985.85	-1,123	-2,307	-285.46	-718	132.53
Net Income to Common	-985.85	-1,123	-2,307	-285.46	-718	132.53
Shares Outstanding (Basic)	164	164	164	164	164	164
Shares Outstanding (Diluted)	164	164	164	164	164	164
EPS (Basic)	-6.01	-6.85	-14.06	-1.74	-4.38	0.81
EPS (Diluted)	-6.01	-6.85	-14.06	-1.74	-4.38	0.81
Free Cash Flow	-54.35	-310.39	-175.04	302.31	-195.26	549.29
Free Cash Flow Per Share	-0.33	-1.89	-1.07	1.84	-1.19	3.35
Operating Margin	-	-	-	-	-	54.78%
Profit Margin	-	-	-	-	-	51.73%
Free Cash Flow Margin	-	-	-	-	-	214.39%

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