Grameenphone Ltd. (DSE: GP)

Grameenphone 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	161,363	158,716	150,403	143,066	139,606	143,656
Revenue Growth (YoY)	3.45%	5.53%	5.13%	2.48%	-2.82%	8.15%
Cost of Revenue	25,841	24,420	21,935	23,817	33,429	33,152
Gross Profit	135,522	134,295	128,469	119,249	106,177	110,504
Selling, General & Admin	30,241	29,358	28,926	24,914	12,076	13,906
Other Operating Expenses	8,096	7,730	6,407	5,305	5,809	5,786
Operating Expenses	72,313	69,409	63,233	53,235	41,534	43,143
Operating Income	63,210	64,886	65,236	66,014	64,643	67,361
Interest Expense	-5,065	-5,376	-3,711	-2,583	-1,804	-2,926
Interest & Investment Income	738.33	352.91	156.85	147.88	376.63	597.54
Currency Exchange Gain (Loss)	-1,536	-721.27	-1,431	80.57	-262.23	-229.81
Other Non Operating Income (Expenses)	-204.18	-4,265	-6,530	-56.49	1,145	-131.37
EBT Excluding Unusual Items	57,143	54,878	53,721	63,603	64,098	64,672
Merger & Restructuring Charges	-142.78	-403.29	-1,735	-2,950	-968.19	-820.19
Gain (Loss) on Sale of Assets	-92.14	-150.39	4.16	167.98	-11.71	47.51
Other Unusual Items	-	-	-	-	-317.27	-
Pretax Income	56,908	54,324	51,990	60,821	62,801	63,899
Income Tax Expense	21,491	21,249	21,899	26,692	25,614	29,382
Net Income	35,417	33,075	30,092	34,129	37,187	34,517
Net Income to Common	35,417	33,075	30,092	34,129	37,187	34,517
Net Income Growth	14.56%	9.91%	-11.83%	-8.22%	7.74%	3.46%
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)	26.23	24.49	22.29	25.28	27.54	25.56
EPS (Diluted)	26.23	24.49	22.29	25.28	27.54	25.56
EPS Growth	14.56%	9.91%	-11.83%	-8.22%	7.74%	3.46%
Free Cash Flow	48,426	36,740	42,027	38,763	22,148	42,935
Free Cash Flow Per Share	35.86	27.21	31.12	28.71	16.40	31.80
Dividend Per Share	28.500	12.500	22.000	25.000	27.500	13.000
Dividend Growth	200.00%	-43.18%	-12.00%	-9.09%	111.54%	-53.57%
Gross Margin	83.99%	84.61%	85.42%	83.35%	76.05%	76.92%
Operating Margin	39.17%	40.88%	43.37%	46.14%	46.30%	46.89%
Profit Margin	21.95%	20.84%	20.01%	23.86%	26.64%	24.03%
Free Cash Flow Margin	30.01%	23.15%	27.94%	27.09%	15.86%	29.89%
EBITDA	63,598	78,530	78,446	77,708	78,911	81,989
EBITDA Margin	39.41%	49.48%	52.16%	54.32%	56.52%	57.07%
D&A For EBITDA	388.28	13,644	13,210	11,694	14,268	14,628
EBIT	63,210	64,886	65,236	66,014	64,643	67,361
EBIT Margin	39.17%	40.88%	43.37%	46.14%	46.30%	46.89%
Effective Tax Rate	37.76%	39.12%	42.12%	43.89%	40.79%	45.98%
Advertising Expenses	-	1,797	1,438	1,363	1,266	1,569

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