PT Budi Starch & Sweetener Tbk (IDX: BUDI)

IDX: BUDI 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	3,735,408	3,944,953	3,382,326	3,374,782	2,725,866	3,003,768
Revenue Growth (YoY)	-9.16%	16.63%	0.22%	23.81%	-9.25%	13.47%
Cost of Revenue	3,309,102	3,464,462	2,968,749	2,932,579	2,371,651	2,622,892
Gross Profit	426,306	480,491	413,577	442,203	354,215	380,876
Selling, General & Admin	207,800	238,532	190,604	219,488	156,980	149,098
Operating Expenses	207,800	238,532	190,604	219,488	156,980	149,098
Operating Income	218,506	241,959	222,973	222,715	197,235	231,778
Interest Expense	-139,536	-120,555	-107,657	-115,956	-124,677	-146,115
Interest & Investment Income	1,052	1,041	537	1,637	1,138	284
Currency Exchange Gain (Loss)	14,848	3,408	-272	3,638	-2,604	3,341
Other Non Operating Income (Expenses)	9,756	1,458	450	1,931	-1,780	-5,383
EBT Excluding Unusual Items	104,626	127,311	116,031	113,965	69,312	83,905
Pretax Income	104,626	127,311	116,031	113,965	69,312	83,905
Income Tax Expense	20,674	24,769	22,966	22,242	2,219	19,884
Earnings From Continuing Operations	83,952	102,542	93,065	91,723	67,093	64,021
Minority Interest in Earnings	-3,794	-1,740	-4,104	-8,440	-4,597	-2,793
Net Income	80,158	100,802	88,961	83,283	62,496	61,228
Net Income to Common	80,158	100,802	88,961	83,283	62,496	61,228
Net Income Growth	-17.18%	13.31%	6.82%	33.26%	2.07%	27.39%
Shares Outstanding (Basic)	4,500	4,499	4,499	4,499	4,499	4,499
Shares Outstanding (Diluted)	4,500	4,499	4,499	4,499	4,499	4,499
Shares Change (YoY)	0.00%	-	-	-	-	-
EPS (Basic)	17.81	22.41	19.77	18.51	13.89	13.61
EPS (Diluted)	17.81	22.41	19.77	18.51	13.89	13.61
EPS Growth	-17.18%	13.31%	6.82%	33.26%	2.07%	27.39%
Free Cash Flow	-9,410	91,760	-78,568	137,048	127,490	203,716
Free Cash Flow Per Share	-2.09	20.40	-17.46	30.46	28.34	45.28
Dividend Per Share	10.000	10.000	8.000	8.000	6.000	-
Dividend Growth	25.00%	25.00%	0%	33.33%	-	-
Gross Margin	11.41%	12.18%	12.23%	13.10%	12.99%	12.68%
Operating Margin	5.85%	6.13%	6.59%	6.60%	7.24%	7.72%
Profit Margin	2.15%	2.56%	2.63%	2.47%	2.29%	2.04%
Free Cash Flow Margin	-0.25%	2.33%	-2.32%	4.06%	4.68%	6.78%
EBITDA	458,136	451,640	421,204	417,094	387,008	403,657
EBITDA Margin	12.26%	11.45%	12.45%	12.36%	14.20%	13.44%
D&A For EBITDA	239,630	209,681	198,231	194,379	189,773	171,879
EBIT	218,506	241,959	222,973	222,715	197,235	231,778
EBIT Margin	5.85%	6.13%	6.59%	6.60%	7.24%	7.72%
Effective Tax Rate	19.76%	19.46%	19.79%	19.52%	3.20%	23.70%
Advertising Expenses	-	1,923	-	1,146	1,856	2,011

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