PT Elang Mahkota Teknologi Tbk (IDX: EMTK)

EMTK 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	10,286,025	9,241,419	9,856,136	12,840,734	11,936,382	11,030,045
Revenue Growth (YoY)	45.82%	-6.24%	-23.24%	7.58%	8.22%	23.11%
Cost of Revenue	6,982,792	6,389,813	6,554,075	9,149,722	9,022,987	8,227,579
Gross Profit	3,303,233	2,851,606	3,302,061	3,691,012	2,913,394	2,802,466
Selling, General & Admin	3,149,446	2,905,150	2,789,708	2,341,301	1,688,080	1,936,658
Other Operating Expenses	-43,138	-21,370	234,406	18,510	-38,836	-36,598
Operating Expenses	3,106,308	2,883,780	3,024,114	2,359,811	1,649,243	1,900,060
Operating Income	196,924	-32,174	277,947	1,331,201	1,264,151	902,406
Interest Expense	-81,984	-80,253	-78,256	-101,841	-50,839	-39,527
Interest & Investment Income	446,451	421,785	153,526	110,374	115,742	177,680
Earnings From Equity Investments	-225,017	-95,679	413,996	4,698,448	-117,129	-280,553
Currency Exchange Gain (Loss)	462,261	-180,677	410,159	32,171	37,352	-159,603
Other Non Operating Income (Expenses)	-39,064	-39,064	-18,395	-	-	-
EBT Excluding Unusual Items	759,571	-6,062	1,158,977	6,070,353	1,249,278	600,402
Impairment of Goodwill	-	-	-	-	-	-576,362
Gain (Loss) on Sale of Investments	192,592	-52,774	5,008,802	373,650	2,459,120	564,754
Gain (Loss) on Sale of Assets	11,098	12,065	7,530	-7,181	-5,980	-25,659
Other Unusual Items	-	-	26,020	-	-	-
Pretax Income	963,262	-46,771	6,201,329	6,436,823	3,702,417	563,135
Income Tax Expense	389,490	199,709	750,842	416,997	345,945	266,569
Earnings From Continuing Operations	573,772	-246,480	5,450,487	6,019,826	3,356,473	296,566
Earnings From Discontinued Operations	416.82	6,500	11,572	-	-1,639,096	-2,639,672
Net Income to Company	574,189	-239,980	5,462,058	6,019,826	1,717,376	-2,343,106
Minority Interest in Earnings	-120,421	99,210	-18,048	-360,665	340,823	827,072
Net Income	453,768	-140,770	5,444,010	5,659,161	2,058,199	-1,516,034
Net Income to Common	453,768	-140,770	5,444,010	5,659,161	2,058,199	-1,516,034
Net Income Growth	-80.23%	-	-3.80%	174.96%	-	-
Shares Outstanding (Basic)	60,971	60,950	60,899	58,915	55,514	56,401
Shares Outstanding (Diluted)	60,971	60,950	60,899	58,915	55,514	56,401
Shares Change (YoY)	0.01%	0.08%	3.37%	6.13%	-1.57%	0.00%
EPS (Basic)	7.44	-2.31	89.39	96.06	37.08	-26.88
EPS (Diluted)	7.44	-2.31	89.39	96.06	37.08	-26.88
EPS Growth	-80.23%	-	-6.94%	159.08%	-	-
Free Cash Flow	523,765	250,092	-1,329,220	1,170,222	1,091,598	-2,435,629
Free Cash Flow Per Share	8.59	4.10	-21.83	19.86	19.66	-43.18
Dividend Per Share	4.000	4.000	10.000	-	-	-
Dividend Growth	-20.00%	-60.00%	-	-	-	-
Gross Margin	32.11%	30.86%	33.50%	28.74%	24.41%	25.41%
Operating Margin	1.91%	-0.35%	2.82%	10.37%	10.59%	8.18%
Profit Margin	4.41%	-1.52%	55.23%	44.07%	17.24%	-13.74%
Free Cash Flow Margin	5.09%	2.71%	-13.49%	9.11%	9.15%	-22.08%
EBITDA	743,472	501,093	792,792	1,844,188	1,640,512	1,325,842
EBITDA Margin	7.23%	5.42%	8.04%	14.36%	13.74%	12.02%
D&A For EBITDA	546,548	533,267	514,845	512,986	376,360	423,436
EBIT	196,924	-32,174	277,947	1,331,201	1,264,151	902,406
EBIT Margin	1.91%	-0.35%	2.82%	10.37%	10.59%	8.18%
Effective Tax Rate	40.43%	-	12.11%	6.48%	9.34%	47.34%
Advertising Expenses	-	44,467	44,223	34,139	-	-

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