Sixth of October for Development and Investment Company "SODIC" (S.A.E.) (EGX: OCDI)

OCDI 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	11,642	10,330	7,811	6,923	5,573	5,382
Revenue Growth (YoY)	43.22%	32.25%	12.83%	24.21%	3.56%	44.46%
Cost of Revenue	7,490	6,764	5,619	4,584	3,794	3,872
Gross Profit	4,153	3,566	2,192	2,339	1,780	1,510
Selling, General & Admin	1,704	1,671	1,592	1,189	878.59	876.74
Other Operating Expenses	98.29	51.83	19.64	-30.34	-99.76	-64.87
Operating Expenses	1,849	1,807	1,636	1,177	763.45	814.25
Operating Income	2,304	1,759	556.22	1,162	1,016	696.23
Interest Expense	-597.11	-452.93	-257.32	-135.51	-141.85	-185.49
Interest & Investment Income	423.27	409	317.69	156.52	220.82	443.99
Currency Exchange Gain (Loss)	140.56	-	-	-0.7	-5.86	-30.82
Other Non Operating Income (Expenses)	-16.88	-6.52	-	-	-0.02	-
EBT Excluding Unusual Items	2,254	1,709	616.6	1,182	1,089	923.91
Gain (Loss) on Sale of Investments	-24.27	3.13	-	-12.19	-0.93	4.41
Gain (Loss) on Sale of Assets	-0.32	-0.39	0.19	0.32	0.36	-0.06
Asset Writedown	1.82	1.82	1.82	1.82	1.82	1.82
Other Unusual Items	105.63	105.63	91.75	-	-	-
Pretax Income	2,337	1,819	710.36	1,172	1,091	930.08
Income Tax Expense	573.14	440.24	185.21	306.72	264.68	208.84
Earnings From Continuing Operations	1,763	1,379	525.16	865.11	825.96	721.24
Minority Interest in Earnings	-3.44	-5.8	-5.1	-4.8	-6.31	-1.84
Net Income	1,760	1,373	520.06	860.31	819.65	719.41
Preferred Dividends & Other Adjustments	-	-	-	4.52	-	-
Net Income to Common	1,760	1,373	520.06	855.79	819.65	719.41
Net Income Growth	177.55%	164.01%	-39.55%	4.96%	13.93%	60.24%
Shares Outstanding (Basic)	356	356	356	356	356	356
Shares Outstanding (Diluted)	356	356	356	356	356	356
Shares Change (YoY)	-	-	-	-	-	2.01%
EPS (Basic)	4.94	3.85	1.46	2.40	2.30	2.02
EPS (Diluted)	4.94	3.85	1.46	2.40	2.30	2.02
EPS Growth	177.55%	164.01%	-39.23%	4.41%	13.93%	57.09%
Free Cash Flow	864.93	-502.89	510.88	580.96	-882.58	-850.87
Free Cash Flow Per Share	2.43	-1.41	1.43	1.63	-2.48	-2.39
Dividend Per Share	-	-	-	-	0.550	0.550
Gross Margin	35.67%	34.52%	28.06%	33.78%	31.93%	28.07%
Operating Margin	19.79%	17.03%	7.12%	16.78%	18.23%	12.94%
Profit Margin	15.12%	13.29%	6.66%	12.36%	14.71%	13.37%
Free Cash Flow Margin	7.43%	-4.87%	6.54%	8.39%	-15.84%	-15.81%
EBITDA	2,422	1,874	666.19	1,254	1,071	744.09
EBITDA Margin	20.80%	18.15%	8.53%	18.11%	19.22%	13.83%
D&A For EBITDA	117.67	115.15	109.97	92.04	54.86	47.86
EBIT	2,304	1,759	556.22	1,162	1,016	696.23
EBIT Margin	19.79%	17.03%	7.12%	16.78%	18.23%	12.94%
Effective Tax Rate	24.53%	24.20%	26.07%	26.17%	24.27%	22.45%
Revenue as Reported	11,642	10,330	7,811	6,923	5,573	5,382
Advertising Expenses	-	220.4	293.5	141.82	-	-

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