Egyptian Transport and Commercial Services Company S.A.E. (EGX: ETRS)

EGX: ETRS Income Statement

Financials in millions EGP. 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	718.28	414.12	400.1	293.52	216.07	246.78
Revenue Growth (YoY)	87.13%	3.50%	36.31%	35.85%	-12.45%	-11.19%
Cost of Revenue	447.31	301.1	311.96	219.75	158.99	175.88
Gross Profit	270.97	113.02	88.14	73.77	57.07	70.9
Selling, General & Admin	102.33	78.15	63.81	51.07	40.95	36.63
Other Operating Expenses	26.8	20.05	11.97	7.61	1.88	-0.87
Operating Expenses	132.98	98.19	76.34	59.66	43	35.76
Operating Income	137.98	14.83	11.81	14.11	14.08	35.14
Interest Expense	-9.14	-8.54	-7.36	-1.58	-0.19	-0.59
Interest & Investment Income	11.5	6.15	1.7	2.38	4.17	5.48
Earnings From Equity Investments	18.22	15.22	12.16	9.43	1.65	2.89
Currency Exchange Gain (Loss)	71.01	22.37	36.3	-0.3	-0.29	-4.33
Other Non Operating Income (Expenses)	-0.01	-	-	-	-	-
EBT Excluding Unusual Items	229.57	50.03	54.6	24.03	19.41	38.59
Impairment of Goodwill	-	-	-2.17	-	-	-
Gain (Loss) on Sale of Investments	48.07	14.75	-0.09	-	-	-
Gain (Loss) on Sale of Assets	0.16	0.31	2.2	0.7	-	0.23
Other Unusual Items	-0.2	-	-0.01	0.01	-	-
Pretax Income	277.52	65.09	54.53	24.74	19.41	38.83
Income Tax Expense	56.07	3.13	8.41	6.47	6.35	7
Earnings From Continuing Operations	221.45	61.96	46.12	18.27	13.06	31.83
Minority Interest in Earnings	-0	-0	-0	-0	-0	-0
Net Income	221.45	61.96	46.12	18.27	13.06	31.83
Preferred Dividends & Other Adjustments	0.63	0.63	4.14	-	-	-
Net Income to Common	220.82	61.34	41.98	18.27	13.06	31.83
Net Income Growth	318.03%	34.34%	152.40%	39.90%	-58.96%	-23.85%
Shares Outstanding (Basic)	156	156	154	156	156	149
Shares Outstanding (Diluted)	156	156	154	156	156	149
Shares Change (YoY)	0.53%	1.45%	-1.43%	-	4.96%	-3.01%
EPS (Basic)	1.41	0.39	0.27	0.12	0.08	0.21
EPS (Diluted)	1.41	0.39	0.27	0.12	0.08	0.21
EPS Growth	349.80%	44.01%	133.08%	39.90%	-60.90%	-21.49%
Free Cash Flow	39.99	9.91	20.5	-45.88	12.18	20.39
Free Cash Flow Per Share	0.26	0.06	0.13	-0.29	0.08	0.14
Dividend Per Share	-	-	0.130	-	-	-
Gross Margin	37.72%	27.29%	22.03%	25.13%	26.42%	28.73%
Operating Margin	19.21%	3.58%	2.95%	4.81%	6.51%	14.24%
Profit Margin	30.74%	14.81%	10.49%	6.23%	6.05%	12.90%
Free Cash Flow Margin	5.57%	2.39%	5.12%	-15.63%	5.64%	8.26%
EBITDA	153.89	26.43	23.93	22.33	20.97	41.55
EBITDA Margin	21.43%	6.38%	5.98%	7.61%	9.70%	16.84%
D&A For EBITDA	15.91	11.6	12.12	8.22	6.89	6.41
EBIT	137.98	14.83	11.81	14.11	14.08	35.14
EBIT Margin	19.21%	3.58%	2.95%	4.81%	6.51%	14.24%
Effective Tax Rate	20.20%	4.81%	15.42%	26.14%	32.71%	18.03%

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