Grameenphone Income Statement

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

Millions BDT. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	158,057	158,447	158,716	150,403	143,066
Revenue Growth (YoY)	-0.25%	-0.17%	5.53%	5.13%	2.48%
Cost of Revenue	38,626	37,449	36,430	21,935	23,817
Gross Profit	119,431	120,998	122,285	128,469	119,249
Selling, General & Admin	16,369	16,509	15,646	28,926	24,914
Other Operating Expenses	10,374	10,571	9,432	6,407	5,305
Operating Expenses	63,032	61,632	57,399	63,233	53,235
Operating Income	56,399	59,367	64,886	65,236	66,014
Interest Expense	-	-5,401	-5,376	-3,711	-2,583
Interest & Investment Income	-	715.73	352.91	156.85	147.88
Currency Exchange Gain (Loss)	-767.62	-599.39	-721.27	-1,431	80.57
Other Non Operating Income (Expenses)	-6,414	-200.41	-4,265	-6,530	-56.49
EBT Excluding Unusual Items	49,218	53,882	54,878	53,721	63,603
Merger & Restructuring Charges	-	-6.88	-403.29	-1,735	-2,950
Gain (Loss) on Sale of Assets	-	-331.76	-150.39	4.16	167.98
Pretax Income	49,218	53,543	54,324	51,990	60,821
Income Tax Expense	19,641	17,234	21,249	21,899	26,692
Net Income	29,577	36,309	33,075	30,092	34,129
Net Income to Common	29,577	36,309	33,075	30,092	34,129
Net Income Growth	-18.54%	9.78%	9.91%	-11.83%	-8.22%
Shares Outstanding (Basic)	1,351	1,350	1,350	1,350	1,350
Shares Outstanding (Diluted)	1,351	1,350	1,350	1,350	1,350
Shares Change (YoY)	0.02%	-	-	-	-
EPS (Basic)	21.90	26.89	24.49	22.29	25.28
EPS (Diluted)	21.90	26.89	24.49	22.29	25.28
EPS Growth	-18.55%	9.78%	9.91%	-11.83%	-8.22%
Free Cash Flow	47,542	41,473	36,740	42,027	38,763
Free Cash Flow Per Share	35.20	30.71	27.21	31.12	28.71
Dividend Per Share	-	33.000	12.500	22.000	25.000
Dividend Growth	-	164.00%	-43.18%	-12.00%	-9.09%
Gross Margin	75.56%	76.37%	77.05%	85.42%	83.35%
Operating Margin	35.68%	37.47%	40.88%	43.37%	46.14%
Profit Margin	18.71%	22.91%	20.84%	20.01%	23.86%
Free Cash Flow Margin	30.08%	26.17%	23.15%	27.94%	27.10%
EBITDA	92,688	73,864	78,530	78,446	77,708
EBITDA Margin	58.64%	46.62%	49.48%	52.16%	54.32%
D&A For EBITDA	36,289	14,498	13,644	13,210	11,694
EBIT	56,399	59,367	64,886	65,236	66,014
EBIT Margin	35.68%	37.47%	40.88%	43.37%	46.14%
Effective Tax Rate	39.91%	32.19%	39.12%	42.12%	43.89%
Advertising Expenses	-	1,809	1,797	1,438	1,363

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.