The Egyptian Satellite Company Nilesat (EGX: EGSA)

EGSA Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	101.43	101.82	99.86	111.76	125.1	130.71
Revenue Growth (YoY)	0.52%	1.97%	-10.65%	-10.67%	-4.29%	-9.93%
Cost of Revenue	40.17	39.25	36.61	72.28	78.43	78.5
Gross Profit	61.26	62.58	63.25	39.48	46.68	52.21
Selling, General & Admin	3.98	3.22	4.59	4.53	4.1	3.62
Other Operating Expenses	2.28	0.82	2.09	1.72	1.35	3.04
Operating Expenses	37.74	36.26	24.43	23.66	20.05	24.78
Operating Income	23.52	26.32	38.82	15.82	26.62	27.43
Interest Expense	-0.17	-0.1	-0.1	-	-	-
Interest & Investment Income	31.15	22.73	7.45	4.55	8.58	13.17
Currency Exchange Gain (Loss)	-8.7	-3.49	-7.32	0.23	-1.09	2.14
Other Non Operating Income (Expenses)	0.04	0.03	0.13	0.63	-0.02	-0.2
EBT Excluding Unusual Items	45.84	45.5	38.97	21.23	34.1	42.53
Gain (Loss) on Sale of Investments	-0.04	-1.87	-	-	-	-
Gain (Loss) on Sale of Assets	0.12	0.12	-	-	0.06	-
Other Unusual Items	-	-	-	9.52	-	-
Pretax Income	45.93	43.75	38.97	30.75	34.16	42.53
Net Income	45.93	43.75	38.97	30.75	34.16	42.53
Preferred Dividends & Other Adjustments	5.19	5.19	4.53	3.4	3.87	4.83
Net Income to Common	40.74	38.57	34.44	27.36	30.29	37.7
Net Income Growth	16.08%	12.29%	26.70%	-9.97%	-19.68%	-20.45%
Shares Outstanding (Basic)	37	37	37	37	37	37
Shares Outstanding (Diluted)	37	37	37	37	37	37
EPS (Basic)	1.09	1.03	0.92	0.73	0.81	1.01
EPS (Diluted)	1.09	1.03	0.92	0.73	0.81	1.01
EPS Growth	16.28%	11.99%	25.88%	-9.69%	-19.64%	-21.11%
Free Cash Flow	42.1	31.13	24.9	-23.63	-50.19	7.04
Free Cash Flow Per Share	1.13	0.83	0.67	-0.63	-1.34	0.19
Dividend Per Share	0.500	0.500	0.450	0.450	-	-
Dividend Growth	11.11%	11.11%	0%	-	-	-
Gross Margin	60.39%	61.46%	63.34%	35.33%	37.31%	39.94%
Operating Margin	23.19%	25.85%	38.87%	14.16%	21.28%	20.98%
Profit Margin	40.16%	37.88%	34.49%	24.48%	24.21%	28.84%
Free Cash Flow Margin	41.51%	30.57%	24.93%	-21.15%	-40.12%	5.39%
EBITDA	51.82	54.36	56.8	32.5	43.38	44.18
EBITDA Margin	51.09%	53.39%	56.88%	29.08%	34.67%	33.80%
D&A For EBITDA	28.3	28.04	17.98	16.68	16.75	16.75
EBIT	23.52	26.32	38.82	15.82	26.62	27.43
EBIT Margin	23.19%	25.85%	38.87%	14.16%	21.28%	20.98%

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