PT Cardig Aero Services Tbk (IDX: CASS)

CASS 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,494,297	2,199,217	1,725,491	1,407,396	1,222,921	2,194,306
Revenue Growth (YoY)	27.40%	27.45%	22.60%	15.08%	-44.27%	-0.27%
Cost of Revenue	1,761,074	1,610,193	1,271,740	1,078,926	1,090,025	1,546,888
Gross Profit	733,223	589,024	453,751	328,470	132,896	647,418
Selling, General & Admin	40,998	40,472	41,582	88,868	103,863	188,603
Other Operating Expenses	-5,761	23,508	52,489	63,820	27,129	23,489
Operating Expenses	35,237	63,980	94,071	152,688	130,992	212,092
Operating Income	697,986	525,044	359,680	175,782	1,904	435,326
Interest Expense	-13,682	-12,663	-16,300	-29,027	-41,335	-58,082
Interest & Investment Income	58,236	62,124	61,020	66,101	62,216	49,874
Currency Exchange Gain (Loss)	21,999	-6,825	14,053	-538	7,378	-3,291
Other Non Operating Income (Expenses)	-	-	-	-	-	-240,173
EBT Excluding Unusual Items	764,539	567,680	418,453	212,318	30,163	183,654
Gain (Loss) on Sale of Assets	-1,548	-1,718	-1,867	564	-877	-30,309
Other Unusual Items	-	-	-	-	-32,905	-8,233
Pretax Income	762,991	565,962	416,586	212,882	-3,619	145,112
Income Tax Expense	164,246	135,919	109,635	70,747	56,806	149,590
Earnings From Continuing Operations	598,745	430,043	306,951	142,135	-60,425	-4,478
Earnings From Discontinued Operations	416	-3,052	-17,153	-	-	-
Net Income to Company	599,161	426,991	289,798	142,135	-60,425	-4,478
Minority Interest in Earnings	-291,516	-217,793	-163,153	-108,387	-27,722	-134,632
Net Income	307,645	209,198	126,645	33,748	-88,147	-139,110
Net Income to Common	307,645	209,198	126,645	33,748	-88,147	-139,110
Net Income Growth	95.18%	65.18%	275.27%	-	-	-
Shares Outstanding (Basic)	2,087	2,087	2,087	2,087	2,087	2,087
Shares Outstanding (Diluted)	2,087	2,087	2,087	2,087	2,087	2,087
EPS (Basic)	147.41	100.24	60.68	16.17	-42.24	-66.66
EPS (Diluted)	147.00	100.00	60.68	16.00	-42.24	-66.66
EPS Growth	94.63%	64.79%	279.28%	-	-	-
Free Cash Flow	557,434	314,089	269,497	311,973	229,918	339,525
Free Cash Flow Per Share	267.10	150.50	129.13	149.49	110.17	162.69
Gross Margin	29.40%	26.78%	26.30%	23.34%	10.87%	29.50%
Operating Margin	27.98%	23.87%	20.85%	12.49%	0.16%	19.84%
Profit Margin	12.33%	9.51%	7.34%	2.40%	-7.21%	-6.34%
Free Cash Flow Margin	22.35%	14.28%	15.62%	22.17%	18.80%	15.47%
EBITDA	763,922	589,751	420,312	235,236	63,151	519,555
EBITDA Margin	30.63%	26.82%	24.36%	16.71%	5.16%	23.68%
D&A For EBITDA	65,936	64,707	60,632	59,454	61,247	84,229
EBIT	697,986	525,044	359,680	175,782	1,904	435,326
EBIT Margin	27.98%	23.87%	20.84%	12.49%	0.16%	19.84%
Effective Tax Rate	21.53%	24.02%	26.32%	33.23%	-	103.09%
Advertising Expenses	-	-	-	-	-	2,703

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