Pioneers Properties for Urban Development (EGX:PRDC)

EGX:PRDC Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	5,662	5,783	7,001	4,806
Revenue Growth (YoY)	-21.35%	-17.40%	45.67%	-
Cost of Revenue	4,090	4,353	5,773	3,969
Gross Profit	1,572	1,430	1,228	837.15
Selling, General & Admin	781.2	511.7	583.83	350.46
Other Operating Expenses	-56.61	-99.22	-61.48	-30.83
Operating Expenses	738.33	418.48	528.6	355.65
Operating Income	833.2	1,012	699.39	481.5
Interest Expense	-1,969	-1,187	-582.52	-229.97
Interest & Investment Income	412.52	271.62	57.75	13.16
Currency Exchange Gain (Loss)	118.79	18.55	9.75	0
Other Non Operating Income (Expenses)	0.36	-0.17	-1.13	-
EBT Excluding Unusual Items	-660.06	114.19	183.24	264.69
Gain (Loss) on Sale of Investments	821.31	122.66	-222.67	34.66
Gain (Loss) on Sale of Assets	412.46	429.72	46.84	683.21
Pretax Income	2,074	666.57	7.41	982.56
Income Tax Expense	282.99	109.6	88.5	87.34
Earnings From Continuing Operations	1,791	556.97	-81.08	895.22
Minority Interest in Earnings	-245.01	-142.95	-72.02	181.78
Net Income	1,546	414.02	-153.11	1,077
Net Income to Common	1,608	414.02	-153.11	1,077
Shares Outstanding (Basic)	1,051	1,055	1,055	1,055
Shares Outstanding (Diluted)	1,051	1,055	1,055	1,055
Shares Change (YoY)	-0.33%	-	-	-
EPS (Basic)	1.53	0.39	-0.15	1.02
EPS (Diluted)	1.53	0.39	-0.15	1.02
Free Cash Flow	2,309	328.18	-872.93	-62.4
Free Cash Flow Per Share	2.20	0.31	-0.83	-0.06
Gross Margin	27.76%	24.73%	17.54%	17.42%
Operating Margin	14.72%	17.49%	9.99%	10.02%
Profit Margin	28.39%	7.16%	-2.19%	22.41%
Free Cash Flow Margin	40.79%	5.67%	-12.47%	-1.30%
EBITDA	876.43	1,057	741.09	504.66
EBITDA Margin	15.48%	18.28%	10.59%	10.50%
D&A For EBITDA	43.23	45.36	41.7	23.16
EBIT	833.2	1,012	699.39	481.5
EBIT Margin	14.72%	17.49%	9.99%	10.02%
Effective Tax Rate	13.65%	16.44%	1193.59%	8.89%

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