Grameenphone Ltd. (DSE:GP)

Grameenphone Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	157,463	158,447	158,716	150,403	143,066	139,606
Revenue Growth (YoY)	-2.01%	-0.17%	5.53%	5.13%	2.48%	-2.82%
Cost of Revenue	37,705	37,449	36,430	21,935	23,817	33,429
Gross Profit	119,757	120,998	122,285	128,469	119,249	106,177
Selling, General & Admin	16,786	16,509	15,646	28,926	24,914	12,076
Other Operating Expenses	10,977	10,571	9,432	6,407	5,305	5,809
Operating Expenses	63,177	61,632	57,399	63,233	53,235	41,534
Operating Income	56,580	59,367	64,886	65,236	66,014	64,643
Interest Expense	-5,630	-5,401	-5,376	-3,711	-2,583	-1,804
Interest & Investment Income	661.98	715.73	352.91	156.85	147.88	376.63
Currency Exchange Gain (Loss)	-1,153	-599.39	-721.27	-1,431	80.57	-262.23
Other Non Operating Income (Expenses)	-215.98	-200.41	-4,265	-6,530	-56.49	1,145
EBT Excluding Unusual Items	50,243	53,882	54,878	53,721	63,603	64,098
Merger & Restructuring Charges	-	-6.88	-403.29	-1,735	-2,950	-968.19
Gain (Loss) on Sale of Assets	-385.13	-331.76	-150.39	4.16	167.98	-11.71
Other Unusual Items	-	-	-	-	-	-317.27
Pretax Income	49,858	53,543	54,324	51,990	60,821	62,801
Income Tax Expense	20,591	17,234	21,249	21,899	26,692	25,614
Net Income	29,268	36,309	33,075	30,092	34,129	37,187
Net Income to Common	29,268	36,309	33,075	30,092	34,129	37,187
Net Income Growth	-24.29%	9.78%	9.91%	-11.83%	-8.22%	7.74%
Shares Outstanding (Basic)	1,350	1,350	1,350	1,350	1,350	1,350
Shares Outstanding (Diluted)	1,350	1,350	1,350	1,350	1,350	1,350
EPS (Basic)	21.67	26.89	24.49	22.29	25.28	27.54
EPS (Diluted)	21.67	26.89	24.49	22.29	25.28	27.54
EPS Growth	-24.29%	9.78%	9.91%	-11.83%	-8.22%	7.74%
Free Cash Flow	47,565	41,473	36,740	42,027	38,763	22,148
Free Cash Flow Per Share	35.23	30.71	27.21	31.12	28.71	16.40
Dividend Per Share	33.000	33.000	12.500	22.000	25.000	27.500
Dividend Growth	164.00%	164.00%	-43.18%	-12.00%	-9.09%	111.54%
Gross Margin	76.05%	76.37%	77.05%	85.42%	83.35%	76.05%
Operating Margin	35.93%	37.47%	40.88%	43.37%	46.14%	46.30%
Profit Margin	18.59%	22.91%	20.84%	20.01%	23.86%	26.64%
Free Cash Flow Margin	30.21%	26.17%	23.15%	27.94%	27.10%	15.87%
EBITDA	66,712	73,864	78,530	78,446	77,708	78,911
EBITDA Margin	42.37%	46.62%	49.48%	52.16%	54.32%	56.52%
D&A For EBITDA	10,132	14,498	13,644	13,210	11,694	14,268
EBIT	56,580	59,367	64,886	65,236	66,014	64,643
EBIT Margin	35.93%	37.47%	40.88%	43.37%	46.14%	46.30%
Effective Tax Rate	41.30%	32.19%	39.12%	42.12%	43.89%	40.79%
Advertising Expenses	-	1,809	1,797	1,438	1,363	1,266

Updated Feb 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.