PT Steel Pipe Industry of Indonesia Tbk (IDX:ISSP)

IDX:ISSP 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	6,025,519	6,118,364	6,455,329	6,255,945	5,378,808	3,775,530
Revenue Growth (YoY)	-1.07%	-5.22%	3.19%	16.31%	42.47%	-22.73%
Cost of Revenue	4,961,898	5,043,448	5,416,788	5,526,437	4,281,747	3,240,020
Gross Profit	1,063,621	1,074,916	1,038,541	729,508	1,097,061	535,510
Selling, General & Admin	288,306	272,992	290,077	250,736	382,994	230,164
Other Operating Expenses	6,533	7,865	13,803	6,708	9,363	5,629
Operating Expenses	294,839	280,857	303,880	257,444	392,357	235,793
Operating Income	768,782	794,059	734,661	472,064	704,704	299,717
Interest Expense	-137,450	-135,760	-131,092	-96,955	-80,871	-118,316
Interest & Investment Income	6,815	1,437	293	96	20,839	2,038
Earnings From Equity Investments	3,727	4,526	3,077	2,234	3,400	339
Currency Exchange Gain (Loss)	-36,519	-29,511	21,242	-32,656	-7,008	-10,538
Other Non Operating Income (Expenses)	35,498	40,613	12,394	47,419	17,704	-18,445
EBT Excluding Unusual Items	640,853	675,364	640,575	392,202	658,768	154,795
Gain (Loss) on Sale of Assets	225	225	-	975	618	72
Asset Writedown	-	-	-7	-	-	-
Pretax Income	641,078	675,589	640,584	393,231	659,402	155,068
Income Tax Expense	135,333	145,526	142,525	87,382	173,341	-20,767
Earnings From Continuing Operations	505,745	530,063	498,059	305,849	486,061	175,835
Minority Interest in Earnings	21	19	28	11	1	-10
Net Income	505,766	530,082	498,087	305,860	486,062	175,825
Net Income to Common	505,766	530,082	498,087	305,860	486,062	175,825
Net Income Growth	1.17%	6.42%	62.85%	-37.07%	176.45%	-5.32%
Shares Outstanding (Basic)	7,065	7,065	7,065	7,065	7,065	7,065
Shares Outstanding (Diluted)	7,065	7,065	7,065	7,065	7,065	7,065
Shares Change (YoY)	-	-	-	-	-	-0.09%
EPS (Basic)	71.58	75.03	70.50	43.29	68.80	24.89
EPS (Diluted)	71.58	75.03	70.50	43.29	68.80	24.89
EPS Growth	1.17%	6.42%	62.85%	-37.07%	176.45%	-5.23%
Free Cash Flow	334,137	628,697	135,526	-140,153	-221,835	303,524
Free Cash Flow Per Share	47.29	88.98	19.18	-19.84	-31.40	42.96
Dividend Per Share	-	-	15.000	6.000	9.000	6.000
Dividend Growth	-	-	150.00%	-33.33%	50.00%	-
Gross Margin	17.65%	17.57%	16.09%	11.66%	20.40%	14.18%
Operating Margin	12.76%	12.98%	11.38%	7.55%	13.10%	7.94%
Profit Margin	8.39%	8.66%	7.72%	4.89%	9.04%	4.66%
Free Cash Flow Margin	5.54%	10.28%	2.10%	-2.24%	-4.12%	8.04%
EBITDA	974,485	970,484	901,408	570,955	815,765	397,637
EBITDA Margin	16.17%	15.86%	13.96%	9.13%	15.17%	10.53%
D&A For EBITDA	205,703	176,425	166,747	98,891	111,061	97,920
EBIT	768,782	794,059	734,661	472,064	704,704	299,717
EBIT Margin	12.76%	12.98%	11.38%	7.55%	13.10%	7.94%
Effective Tax Rate	21.11%	21.54%	22.25%	22.22%	26.29%	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.