PT Adi Sarana Armada Tbk (IDX: ASSA)

PT Adi Sarana Armada Tbk Income Statement

Financials in millions IDR. 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	4,620,013	4,438,522	5,870,094	5,088,094	3,037,359	2,334,222
Revenue Growth (YoY)	-1.71%	-24.39%	15.37%	67.52%	30.12%	25.30%
Cost of Revenue	3,152,937	3,208,739	4,700,568	3,942,447	2,162,320	1,518,352
Gross Profit	1,467,077	1,229,783	1,169,525	1,145,647	875,039	815,871
Selling, General & Admin	765,567	806,683	825,691	609,322	476,566	407,300
Other Operating Expenses	101,555	94,289	74,284	73,366	85,455	59,217
Operating Expenses	867,122	900,972	899,975	682,687	562,021	466,517
Operating Income	599,954	328,811	269,551	462,960	313,018	349,353
Interest Expense	-290,735	-272,431	-264,307	-234,252	-249,339	-240,000
Interest & Investment Income	29,419	25,307	25,237	9,356	11,876	15,033
Earnings From Equity Investments	-10,429	-14,137	-21,498	-11,684	-3,356	-545.3
Currency Exchange Gain (Loss)	-	-	-	1,192	716.86	-1,049
Other Non Operating Income (Expenses)	-	-	-	-4,641	-4,215	-4,118
EBT Excluding Unusual Items	328,209	67,550	8,982	222,930	68,701	118,674
Gain (Loss) on Sale of Assets	-3,010	-2,730	-1,762	2,069	2,169	1,710
Pretax Income	325,198	64,820	7,220	224,999	70,870	120,384
Income Tax Expense	103,476	45,390	3,516	65,418	6,974	28,769
Earnings From Continuing Operations	221,722	19,430	3,704	159,581	63,896	91,615
Minority Interest in Earnings	-23,548	84,336	99,316	-16,953	23,251	18,788
Net Income	198,174	103,767	103,020	142,628	87,148	110,402
Net Income to Common	198,174	103,767	103,020	142,628	87,148	110,402
Net Income Growth	120.17%	0.72%	-27.77%	63.66%	-21.06%	-23.07%
Shares Outstanding (Basic)	3,618	3,618	3,565	3,461	3,398	3,398
Shares Outstanding (Diluted)	3,618	3,618	3,623	3,896	3,398	3,398
Shares Change (YoY)	-6.85%	-0.12%	-7.02%	14.69%	-	-
EPS (Basic)	54.77	28.68	28.89	41.21	25.65	32.50
EPS (Diluted)	54.77	28.68	28.44	36.60	25.65	32.50
EPS Growth	136.31%	0.84%	-22.30%	42.69%	-21.07%	-23.07%
Free Cash Flow	938,599	284,999	-343,844	14,909	179,901	-211,037
Free Cash Flow Per Share	259.40	78.76	-94.91	3.83	52.95	-62.12
Dividend Per Share	20.000	20.000	-	-	-	-
Gross Margin	31.75%	27.71%	19.92%	22.52%	28.81%	34.95%
Operating Margin	12.99%	7.41%	4.59%	9.10%	10.31%	14.97%
Profit Margin	4.29%	2.34%	1.76%	2.80%	2.87%	4.73%
Free Cash Flow Margin	20.32%	6.42%	-5.86%	0.29%	5.92%	-9.04%
EBITDA	1,390,787	1,096,762	983,535	1,069,791	868,068	866,057
EBITDA Margin	30.10%	24.71%	16.75%	21.03%	28.58%	37.10%
D&A For EBITDA	790,833	767,951	713,984	606,831	555,050	516,704
EBIT	599,954	328,811	269,551	462,960	313,018	349,353
EBIT Margin	12.99%	7.41%	4.59%	9.10%	10.31%	14.97%
Effective Tax Rate	31.82%	70.02%	48.69%	29.07%	9.84%	23.90%
Advertising Expenses	-	9,698	30,737	23,112	11,781	7,939

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