PT Garuda Maintenance Facility Aero Asia Tbk (IDX:GMFI)

IDX:GMFI Income Statement

Financials in millions USD. 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	414.62	421.22	373.21	238.7	210.59	253.84
Revenue Growth (YoY)	-5.13%	12.87%	56.35%	13.35%	-17.04%	-51.14%
Cost of Revenue	203.55	220.17	211.99	110.74	113.5	251.28
Gross Profit	211.07	201.05	161.22	127.97	97.09	2.56
Selling, General & Admin	128.46	122.08	108.72	102.26	102.94	127.93
Other Operating Expenses	18.95	18.28	12.6	-22.43	17.22	26.3
Operating Expenses	166.3	159.05	141.7	103.1	191.59	305.71
Operating Income	44.77	42	19.52	24.87	-94.49	-303.16
Interest Expense	-18.82	-20.17	-23.62	-22.09	-22.42	-28.17
Interest & Investment Income	0.51	0.34	0.24	0.14	0.07	0.11
Currency Exchange Gain (Loss)	1.74	1.79	1.82	-	-	-
Other Non Operating Income (Expenses)	4.93	0.27	-	-2.5	5.2	-3.37
EBT Excluding Unusual Items	33.13	24.24	-2.04	0.42	-111.64	-334.58
Asset Writedown	-	-	8.18	-	-	-8.18
Other Unusual Items	0.61	0.5	13.59	5.08	-	-
Pretax Income	33.73	24.74	19.73	5.5	-111.64	-342.76
Income Tax Expense	-0.09	-2.16	-0.44	1.87	15.71	-14
Earnings From Continuing Operations	33.82	26.9	20.17	3.63	-127.35	-328.76
Minority Interest in Earnings	-0.04	-0.01	0.11	-0.06	-0.04	-0.03
Net Income	33.79	26.89	20.28	3.57	-127.4	-328.79
Net Income to Common	33.79	26.89	20.28	3.57	-127.4	-328.79
Net Income Growth	5.02%	32.62%	467.69%	-	-	-
Shares Outstanding (Basic)	34,885	28,234	28,234	28,234	28,234	28,234
Shares Outstanding (Diluted)	34,885	28,234	28,234	28,234	28,234	28,234
Shares Change (YoY)	23.56%	-	-	-	-	-
EPS (Basic)	0.00	0.00	0.00	0.00	-0.00	-0.01
EPS (Diluted)	0.00	0.00	0.00	0.00	-0.00	-0.01
EPS Growth	-15.01%	32.59%	469.84%	-	-	-
Free Cash Flow	77.14	10.2	29.78	4.7	12.3	-126.52
Free Cash Flow Per Share	0.00	-	0.00	-	-	-0.00
Gross Margin	50.91%	47.73%	43.20%	53.61%	46.10%	1.01%
Operating Margin	10.80%	9.97%	5.23%	10.42%	-44.87%	-119.43%
Profit Margin	8.15%	6.38%	5.43%	1.50%	-60.49%	-129.53%
Free Cash Flow Margin	18.60%	2.42%	7.98%	1.97%	5.84%	-49.84%
EBITDA	57.97	54.5	34.29	41.53	-75.43	-282.34
EBITDA Margin	13.98%	12.94%	9.19%	17.40%	-35.82%	-111.23%
D&A For EBITDA	13.19	12.5	14.77	16.66	19.07	20.82
EBIT	44.77	42	19.52	24.87	-94.49	-303.16
EBIT Margin	10.80%	9.97%	5.23%	10.42%	-44.87%	-119.43%
Effective Tax Rate	-	-	-	34.07%	-	-
Advertising Expenses	-	2.99	1.36	1.45	1.4	1.73

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