Talaat Moustafa Group Holding (EGX: TMGH)

TMGH 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	37,975	28,431	19,870	15,348	14,098	11,744
Revenue Growth (YoY)	55.83%	43.08%	29.47%	8.87%	20.05%	7.47%
Cost of Revenue	24,558	19,794	13,632	10,354	9,984	7,232
Gross Profit	13,417	8,637	6,239	4,994	4,113	4,512
Selling, General & Admin	1,774	1,245	1,067	752.25	655.85	714.8
Other Operating Expenses	591.68	553.33	172.7	143.21	200	19.73
Operating Expenses	3,144	2,315	1,589	1,210	1,158	996.13
Operating Income	10,273	6,322	4,649	3,783	2,955	3,516
Interest Expense	-1,309	-1,340	-817.1	-635.87	-610.08	-345.1
Interest & Investment Income	1,544	753.67	339.06	442.92	410.3	407.29
Earnings From Equity Investments	-11.66	-11.66	24.91	9.97	-0.22	0.16
Currency Exchange Gain (Loss)	1,316	-34.08	350.07	3.59	17.64	-147.98
Other Non Operating Income (Expenses)	32.79	-59.57	-572.54	-338.42	-160.57	-140.8
EBT Excluding Unusual Items	11,845	5,631	3,974	3,266	2,612	3,289
Impairment of Goodwill	-614.59	-614.59	-605	-438.69	-	-562
Gain (Loss) on Sale of Investments	-	-	-	-	-4.05	-17.44
Gain (Loss) on Sale of Assets	3.33	6.27	4.12	4.83	-0.52	0.42
Pretax Income	12,574	5,022	3,373	2,832	2,608	2,710
Income Tax Expense	2,858	1,675	1,143	1,049	957.36	762.2
Earnings From Continuing Operations	9,716	3,347	2,230	1,783	1,650	1,948
Minority Interest in Earnings	-2,738	-33.94	74.49	-21.54	21.56	-75.75
Net Income	6,978	3,313	2,305	1,762	1,672	1,872
Preferred Dividends & Other Adjustments	755.03	305.4	211.01	179.17	-	-
Net Income to Common	6,223	3,008	2,094	1,582	1,672	1,872
Net Income Growth	133.48%	43.78%	30.82%	5.36%	-10.70%	9.82%
Shares Outstanding (Basic)	2,062	2,064	2,064	2,064	2,064	2,064
Shares Outstanding (Diluted)	2,062	2,064	2,064	2,064	2,064	2,064
Shares Change (YoY)	-0.07%	-	-	-	-	-
EPS (Basic)	3.02	1.46	1.01	0.77	0.81	0.91
EPS (Diluted)	3.02	1.46	1.01	0.77	0.81	0.91
EPS Growth	127.69%	43.68%	32.29%	-5.35%	-10.70%	9.82%
Free Cash Flow	-41,401	4,446	2,302	-937.51	-1,330	793.01
Free Cash Flow Per Share	-20.08	2.15	1.12	-0.45	-0.64	0.38
Dividend Per Share	0.220	0.220	0.194	0.174	0.145	0.088
Dividend Growth	13.50%	13.50%	11.11%	20.31%	64.77%	-50.00%
Gross Margin	35.33%	30.38%	31.40%	32.54%	29.18%	38.42%
Operating Margin	27.05%	22.24%	23.40%	24.65%	20.96%	29.94%
Profit Margin	16.39%	10.58%	10.54%	10.31%	11.86%	15.94%
Free Cash Flow Margin	-109.02%	15.64%	11.58%	-6.11%	-9.43%	6.75%
EBITDA	11,119	6,811	4,991	4,099	3,254	3,776
EBITDA Margin	29.28%	23.96%	25.12%	26.71%	23.08%	32.16%
D&A For EBITDA	846.78	488.91	341.76	315.47	298.9	260.72
EBIT	10,273	6,322	4,649	3,783	2,955	3,516
EBIT Margin	27.05%	22.24%	23.40%	24.65%	20.96%	29.94%
Effective Tax Rate	22.73%	33.35%	33.88%	37.03%	36.71%	28.12%

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