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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	181,876	178,263	153,777	121,509	74,192	68,570
Revenue Growth (YoY)	2.90%	15.92%	26.56%	63.78%	8.20%	49.13%
Cost of Revenue	123,066	126,702	112,429	84,798	43,096	37,372
Gross Profit	58,810	51,561	41,348	36,711	31,096	31,198
Selling, General & Admin	32,082	30,891	21,577	22,181	8,766	6,931
Amortization of Goodwill & Intangibles	-	-	6.08	9.53	15.14	19.15
Other Operating Expenses	155.93	81.95	100.37	41.96	6.62	6.16
Operating Expenses	32,698	31,376	22,046	22,476	8,885	7,068
Operating Income	26,113	20,185	19,302	14,236	22,211	24,131
Interest Expense	-19.65	-32.14	-53.04	-42.09	-33.71	-230.9
Interest & Investment Income	327.48	307.54	240.66	731.13	296.47	15.09
Earnings From Equity Investments	-	-9.5	-86.17	-108.69	-	-
Currency Exchange Gain (Loss)	-574.68	482.82	12.69	-1,219	-153.78	198.16
Other Non Operating Income (Expenses)	499.73	-533.75	-312.02	126.95	11.15	-7
EBT Excluding Unusual Items	26,346	20,400	19,104	13,724	22,331	24,106
Gain (Loss) on Sale of Assets	-	-	-35.14	-	-	-
Pretax Income	26,346	20,400	19,069	13,724	22,331	24,106
Income Tax Expense	5,827	4,415	4,110	2,985	4,865	5,309
Net Income	20,519	15,985	14,958	10,739	17,466	18,797
Net Income to Common	20,519	15,985	14,958	10,739	17,466	18,797
Net Income Growth	18.51%	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)	17.75	13.83	12.94	9.29	19.88	54.00
EPS (Diluted)	17.75	13.83	12.94	9.29	19.88	54.00
EPS Growth	18.51%	6.86%	39.30%	-53.26%	-63.18%	7.24%
Free Cash Flow	14,643	13,874	5,087	-22,578	-41,529	-3,563
Free Cash Flow Per Share	12.67	12.00	4.40	-19.54	-47.27	-10.23
Dividend Per Share	7.000	7.000	7.000	2.000	-	1.370
Dividend Growth	-	-	250.00%	-	-	-
Gross Margin	32.34%	28.92%	26.89%	30.21%	41.91%	45.50%
Operating Margin	14.36%	11.32%	12.55%	11.72%	29.94%	35.19%
Profit Margin	11.28%	8.97%	9.73%	8.84%	23.54%	27.41%
Free Cash Flow Margin	8.05%	7.78%	3.31%	-18.58%	-55.97%	-5.20%
EBITDA	33,618	27,295	24,802	17,575	23,987	24,132
EBITDA Margin	18.48%	15.31%	16.13%	14.46%	32.33%	35.19%
D&A For EBITDA	7,505	7,110	5,500	3,340	1,776	1.25
EBIT	26,113	20,185	19,302	14,236	22,211	24,131
EBIT Margin	14.36%	11.32%	12.55%	11.72%	29.94%	35.19%
Effective Tax Rate	22.12%	21.64%	21.55%	21.75%	21.79%	22.02%
Advertising Expenses	-	309.04	357.13	268.16	190.72	110.79

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.