PT XL Axiata Tbk Income Statement

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

Millions IDR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Revenue	33,816,258	32,322,651	29,141,994	26,754,050	26,009,095	25,132,628	Upgrade
Revenue Growth (YoY)	7.65%	10.91%	8.93%	2.86%	3.49%	9.56%	Upgrade
Cost of Revenue	11,878,570	11,460,808	10,906,497	9,217,682	9,262,799	9,017,202	Upgrade
Gross Profit	21,937,688	20,861,843	18,235,497	17,536,368	16,746,296	16,115,426	Upgrade
Selling, General & Admin	4,511,079	4,977,115	3,999,652	4,249,583	3,686,270	6,149,073	Upgrade
Operating Expenses	16,721,085	16,474,590	14,322,953	13,972,707	13,661,562	13,512,268	Upgrade
Operating Income	5,216,603	4,387,253	3,912,544	3,563,661	3,084,734	2,603,158	Upgrade
Interest Expense	-3,035,556	-2,898,754	-2,740,729	-2,349,015	-2,624,428	-2,111,720	Upgrade
Interest & Investment Income	87,398	100,096	111,718	87,715	182,557	111,092	Upgrade
Earnings From Equity Investments	-303,306	-191,493	3,838	8,609	-607	1,041	Upgrade
Currency Exchange Gain (Loss)	16,011	12,977	-61,295	9,506	7,883	45,513	Upgrade
Other Non Operating Income (Expenses)	-178,020	-122,125	-65,463	201,154	-85,809	72,158	Upgrade
EBT Excluding Unusual Items	1,803,130	1,287,954	1,160,613	1,521,630	564,330	721,242	Upgrade
Merger & Restructuring Charges	-	-	-500	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	422,874	424,062	446,805	419,013	2,061,277	422,875	Upgrade
Asset Writedown	-7,499	-7,499	-253,888	-233,103	-2,479,396	-	Upgrade
Pretax Income	2,218,505	1,704,517	1,353,030	1,707,540	146,211	1,144,117	Upgrade
Income Tax Expense	607,097	420,069	231,842	419,733	-225,387	431,538	Upgrade
Earnings From Continuing Operations	1,611,408	1,284,448	1,121,188	1,287,807	371,598	712,579	Upgrade
Minority Interest in Earnings	-23,590	-13,335	-11,748	-	-	-	Upgrade
Net Income	1,587,818	1,271,113	1,109,440	1,287,807	371,598	712,579	Upgrade
Net Income to Common	1,587,818	1,271,113	1,109,440	1,287,807	371,598	712,579	Upgrade
Net Income Growth	40.74%	14.57%	-13.85%	246.56%	-47.85%	-	Upgrade
Shares Outstanding (Basic)	13,072	13,072	10,725	10,665	10,665	10,688	Upgrade
Shares Outstanding (Diluted)	13,072	13,072	10,725	10,665	10,665	10,688	Upgrade
Shares Change (YoY)	4.35%	21.89%	0.56%	-0.01%	-0.21%	-	Upgrade
EPS (Basic)	121.47	97.24	103.45	120.75	34.84	66.67	Upgrade
EPS (Diluted)	121.47	97.24	103.45	120.75	34.84	66.67	Upgrade
EPS Growth	34.87%	-6.00%	-14.33%	246.58%	-47.74%	-	Upgrade
Free Cash Flow	7,350,985	5,670,905	5,273,424	4,670,662	6,183,259	3,260,890	Upgrade
Free Cash Flow Per Share	562.35	433.82	491.71	437.95	579.75	305.10	Upgrade
Dividend Per Share	48.600	48.600	42.000	51.000	31.700	20.000	Upgrade
Dividend Growth	15.71%	15.71%	-17.65%	60.88%	58.50%	-	Upgrade
Gross Margin	64.87%	64.54%	62.57%	65.55%	64.39%	64.12%	Upgrade
Operating Margin	15.43%	13.57%	13.43%	13.32%	11.86%	10.36%	Upgrade
Profit Margin	4.70%	3.93%	3.81%	4.81%	1.43%	2.84%	Upgrade
Free Cash Flow Margin	21.74%	17.54%	18.10%	17.46%	23.77%	12.97%	Upgrade
EBITDA	12,076,200	10,918,748	9,627,795	9,220,090	9,145,815	9,933,590	Upgrade
EBITDA Margin	35.71%	33.78%	33.04%	34.46%	35.16%	39.52%	Upgrade
D&A For EBITDA	6,859,597	6,531,495	5,715,251	5,656,429	6,061,081	7,330,432	Upgrade
EBIT	5,216,603	4,387,253	3,912,544	3,563,661	3,084,734	2,603,158	Upgrade
EBIT Margin	15.43%	13.57%	13.43%	13.32%	11.86%	10.36%	Upgrade
Effective Tax Rate	27.37%	24.64%	17.14%	24.58%	-	37.72%	Upgrade
Advertising Expenses	-	448,290	470,571	524,480	546,311	710,231	Upgrade

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