PT Elang Mahkota Teknologi Tbk (IDX:EMTK)

DFS 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	15,700,833	12,233,465	9,241,419	9,856,136	12,840,734	11,936,382
Revenue Growth (YoY)	52.64%	32.38%	-6.24%	-23.24%	7.58%	8.22%
Cost of Revenue	11,062,622	8,209,647	6,389,814	6,554,075	9,149,722	9,022,987
Gross Profit	4,638,211	4,023,818	2,851,605	3,302,061	3,691,012	2,913,394
Selling, General & Admin	3,415,139	3,146,306	2,905,149	2,789,708	2,341,301	1,688,080
Other Operating Expenses	146,665	118,806	-21,370	234,406	18,510	-38,836
Operating Expenses	3,561,804	3,265,112	2,883,779	3,024,114	2,359,811	1,649,243
Operating Income	1,076,407	758,706	-32,174	277,947	1,331,201	1,264,151
Interest Expense	-121,142	-105,033	-80,253	-78,256	-101,841	-50,839
Interest & Investment Income	740,285	464,465	421,785	153,526	110,374	115,742
Earnings From Equity Investments	-156,600	-439,693	-95,679	413,996	4,698,448	-117,129
Currency Exchange Gain (Loss)	-196,172	244,127	-180,677	410,159	32,171	37,352
Other Non Operating Income (Expenses)	-	-	-39,064	-18,395	-	-
EBT Excluding Unusual Items	1,342,778	922,572	-6,062	1,158,977	6,070,353	1,249,278
Gain (Loss) on Sale of Investments	5,134,521	1,943,487	-52,774	5,008,802	373,650	2,459,120
Gain (Loss) on Sale of Assets	2,995	3,286	12,065	7,530	-7,181	-5,980
Other Unusual Items	903,936	-	-	26,020	-	-
Pretax Income	7,384,230	2,869,345	-46,771	6,201,329	6,436,823	3,702,417
Income Tax Expense	1,174,772	1,053,103	199,709	750,842	416,997	345,945
Earnings From Continuing Operations	6,209,458	1,816,242	-246,480	5,450,487	6,019,826	3,356,473
Earnings From Discontinued Operations	-	-	6,500	11,572	-	-1,639,096
Net Income to Company	6,209,458	1,816,242	-239,980	5,462,058	6,019,826	1,717,376
Minority Interest in Earnings	-663,777	-345,921	99,210	-18,048	-360,665	340,823
Net Income	5,545,681	1,470,321	-140,770	5,444,010	5,659,161	2,058,199
Net Income to Common	5,545,681	1,470,321	-140,770	5,444,010	5,659,161	2,058,199
Net Income Growth	1122.14%	-	-	-3.80%	174.96%	-
Shares Outstanding (Basic)	61,011	60,991	60,950	60,899	58,915	55,514
Shares Outstanding (Diluted)	61,011	60,991	60,950	60,899	58,915	55,514
Shares Change (YoY)	0.07%	0.07%	0.08%	3.37%	6.13%	-1.57%
EPS (Basic)	90.90	24.11	-2.31	89.39	96.06	37.08
EPS (Diluted)	90.90	24.11	-2.31	89.39	96.06	37.08
EPS Growth	1121.35%	-	-	-6.94%	159.09%	-
Free Cash Flow	309,716	875,092	250,091	-1,329,220	1,170,222	1,091,598
Free Cash Flow Per Share	5.08	14.35	4.10	-21.83	19.86	19.66
Dividend Per Share	33.000	33.000	4.000	10.000	-	-
Dividend Growth	725.00%	725.00%	-60.00%	-	-	-
Gross Margin	29.54%	32.89%	30.86%	33.50%	28.74%	24.41%
Operating Margin	6.86%	6.20%	-0.35%	2.82%	10.37%	10.59%
Profit Margin	35.32%	12.02%	-1.52%	55.23%	44.07%	17.24%
Free Cash Flow Margin	1.97%	7.15%	2.71%	-13.49%	9.11%	9.14%
EBITDA	1,738,924	1,396,817	501,094	792,792	1,844,188	1,640,512
EBITDA Margin	11.07%	11.42%	5.42%	8.04%	14.36%	13.74%
D&A For EBITDA	662,517	638,111	533,268	514,845	512,986	376,360
EBIT	1,076,407	758,706	-32,174	277,947	1,331,201	1,264,151
EBIT Margin	6.86%	6.20%	-0.35%	2.82%	10.37%	10.59%
Effective Tax Rate	15.91%	36.70%	-	12.11%	6.48%	9.34%
Advertising Expenses	-	27,109	44,467	44,223	34,139	-

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.