Misr Cement (Qena) Company (S.A.E) (EGX: MCQE)

MCQE 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	5,303	4,029	2,816	2,528	2,519	3,000
Revenue Growth (YoY)	44.13%	43.08%	11.38%	0.38%	-16.04%	-3.93%
Cost of Revenue	4,642	3,410	2,425	2,044	2,194	2,543
Gross Profit	660.97	619.52	391.39	484.76	324.4	456.97
Selling, General & Admin	221.21	229.64	175.73	172.42	154.96	177.97
Other Operating Expenses	34.06	24.83	4.2	9.5	-2.89	-2.1
Operating Expenses	256.76	255.52	177.02	182.19	152.07	176.41
Operating Income	404.2	364	214.36	302.57	172.33	280.56
Interest Expense	-229.05	-208.37	-86.26	-100.95	-137.36	-223.4
Interest & Investment Income	9.12	3.44	6.87	5.83	7.73	16.96
Earnings From Equity Investments	8.22	8.22	4.2	2.01	0.87	-
Currency Exchange Gain (Loss)	13.86	1.23	3.9	-0.56	-0.5	-1.41
Other Non Operating Income (Expenses)	-	-	20	-	-	-
EBT Excluding Unusual Items	206.35	168.53	163.07	208.91	43.06	72.71
Gain (Loss) on Sale of Investments	0.02	0.02	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	0.19	0.98	6.24	0.37
Asset Writedown	-	-1.03	-	-	-	-
Pretax Income	206.37	167.53	163.26	209.89	49.3	73.08
Income Tax Expense	61.73	52.17	31.65	35.99	26.28	56.62
Earnings From Continuing Operations	144.64	115.35	131.61	173.9	23.01	16.45
Minority Interest in Earnings	-11.78	-20.57	-34.57	-27.84	10.83	18.22
Net Income	132.86	94.78	97.04	146.06	33.85	34.67
Net Income to Common	132.86	94.78	97.04	146.06	33.85	34.67
Net Income Growth	176.65%	-2.33%	-33.56%	331.50%	-2.37%	-64.87%
Shares Outstanding (Basic)	-	96	96	96	96	96
Shares Outstanding (Diluted)	-	96	96	96	96	96
EPS (Basic)	-	0.99	1.01	1.52	0.35	0.36
EPS (Diluted)	-	0.99	1.01	1.52	0.35	0.36
EPS Growth	-	-2.33%	-33.56%	331.50%	-2.37%	-64.87%
Free Cash Flow	1,019	154.39	123.62	371.36	125.36	364.17
Free Cash Flow Per Share	-	1.61	1.29	3.87	1.31	3.79
Dividend Per Share	-	-	0.563	0.563	-	-
Gross Margin	12.46%	15.37%	13.90%	19.17%	12.88%	15.23%
Operating Margin	7.62%	9.03%	7.61%	11.97%	6.84%	9.35%
Profit Margin	2.51%	2.35%	3.45%	5.78%	1.34%	1.16%
Free Cash Flow Margin	19.21%	3.83%	4.39%	14.69%	4.98%	12.14%
EBITDA	547.61	521.76	388.25	455.74	324.34	431.52
EBITDA Margin	10.33%	12.95%	13.79%	18.02%	12.88%	14.38%
D&A For EBITDA	143.41	157.76	173.88	153.17	152.01	150.97
EBIT	404.2	364	214.36	302.57	172.33	280.56
EBIT Margin	7.62%	9.03%	7.61%	11.97%	6.84%	9.35%
Effective Tax Rate	29.91%	31.14%	19.39%	17.15%	53.31%	77.49%

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