PT Formosa Ingredient Factory Tbk (IDX:BOBA)

IDX:BOBA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	178,278	178,263	153,777	121,509	74,192	68,570
Revenue Growth (YoY)	1.65%	15.92%	26.56%	63.78%	8.20%	49.13%
Cost of Revenue	123,483	126,702	112,429	84,798	43,096	37,372
Gross Profit	54,795	51,561	41,348	36,711	31,096	31,198
Selling, General & Admin	33,292	30,891	21,577	22,181	8,766	6,931
Other Operating Expenses	84.51	81.95	100.37	41.96	6.62	6.16
Operating Expenses	33,732	31,376	22,046	22,476	8,885	7,068
Operating Income	21,063	20,185	19,302	14,236	22,211	24,131
Interest Expense	-22.2	-32.14	-53.04	-42.09	-33.71	-230.9
Interest & Investment Income	311.03	307.54	240.66	731.13	296.47	15.09
Earnings From Equity Investments	-0.47	-9.5	-86.17	-108.69	-	-
Currency Exchange Gain (Loss)	359.94	482.82	12.69	-1,219	-153.78	198.16
Other Non Operating Income (Expenses)	51.34	-533.75	-312.02	126.95	11.15	-7
EBT Excluding Unusual Items	21,763	20,400	19,104	13,724	22,331	24,106
Gain (Loss) on Sale of Assets	-	-	-35.14	-	-	-
Pretax Income	21,763	20,400	19,069	13,724	22,331	24,106
Income Tax Expense	4,682	4,415	4,110	2,985	4,865	5,309
Net Income	17,080	15,985	14,958	10,739	17,466	18,797
Net Income to Common	17,080	15,985	14,958	10,739	17,466	18,797
Net Income Growth	-9.30%	6.86%	39.30%	-38.52%	-7.08%	7.24%
Shares Outstanding (Basic)	1,156	1,156	1,156	1,156	879	348
Shares Outstanding (Diluted)	1,156	1,156	1,156	1,156	879	348
Shares Change (YoY)	-	-	-	31.55%	152.38%	-
EPS (Basic)	14.78	13.83	12.94	9.29	19.88	54.00
EPS (Diluted)	14.78	13.83	12.94	9.29	19.88	54.00
EPS Growth	-9.30%	6.86%	39.30%	-53.26%	-63.18%	7.24%
Free Cash Flow	9,645	13,874	5,087	-22,578	-41,529	-3,563
Free Cash Flow Per Share	8.35	12.00	4.40	-19.54	-47.27	-10.23
Dividend Per Share	5.000	7.000	7.000	2.000	-	1.370
Dividend Growth	-28.57%	-	250.00%	-	-	-
Gross Margin	30.74%	28.92%	26.89%	30.21%	41.91%	45.50%
Operating Margin	11.82%	11.32%	12.55%	11.72%	29.94%	35.19%
Profit Margin	9.58%	8.97%	9.73%	8.84%	23.54%	27.41%
Free Cash Flow Margin	5.41%	7.78%	3.31%	-18.58%	-55.97%	-5.20%
EBITDA	28,471	27,295	24,802	17,575	23,987	24,132
EBITDA Margin	15.97%	15.31%	16.13%	14.46%	32.33%	35.19%
D&A For EBITDA	7,408	7,110	5,500	3,340	1,776	1.25
EBIT	21,063	20,185	19,302	14,236	22,211	24,131
EBIT Margin	11.82%	11.32%	12.55%	11.72%	29.94%	35.19%
Effective Tax Rate	21.52%	21.64%	21.55%	21.75%	21.79%	22.02%
Advertising Expenses	-	309.04	357.13	268.16	190.72	110.79

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.