MAHA Income Statement

Financials in millions IDR. Fiscal year is January - December.

Millions IDR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,450,969	1,977,730	1,641,927	1,319,398	997,535
Revenue Growth (YoY)	29.98%	20.45%	24.45%	32.27%	-
Cost of Revenue	1,934,211	1,481,542	1,224,491	1,000,530	744,009
Gross Profit	516,758	496,188	417,436	318,868	253,525
Selling, General & Admin	121,024	104,051	83,684	73,003	63,699
Other Operating Expenses	-2,083	-4,061	-3,096	213.85	-1,971
Operating Expenses	118,942	99,989	80,588	73,217	61,728
Operating Income	397,817	396,199	336,848	245,651	191,797
Interest Expense	-35,258	-30,319	-13,549	-12,487	-18,083
Interest & Investment Income	67,865	78,948	56,292	13,901	1,282
Currency Exchange Gain (Loss)	-	-	-	1,396	-
EBT Excluding Unusual Items	430,423	444,827	379,590	248,461	174,996
Gain (Loss) on Sale of Investments	14,905	-97,690	194,008	115,963	-
Gain (Loss) on Sale of Assets	2,842	1,396	95.47	100	905.69
Pretax Income	451,676	351,936	577,447	367,190	178,128
Income Tax Expense	89,162	85,755	75,826	55,411	42,344
Earnings From Continuing Operations	362,513	266,181	501,621	311,779	135,784
Minority Interest in Earnings	3,183	1,765	-	-	-
Net Income	365,696	267,946	501,621	311,779	135,784
Net Income to Common	365,696	267,946	501,621	311,779	135,784
Net Income Growth	44.70%	-46.58%	60.89%	129.61%	-
Shares Outstanding (Basic)	16,058	14,236	12,500	12,418	8,555
Shares Outstanding (Diluted)	16,058	14,236	12,500	12,418	8,555
Shares Change (YoY)	16.35%	13.89%	0.66%	45.15%	-
EPS (Basic)	22.77	18.82	40.13	25.11	15.87
EPS (Diluted)	22.77	18.82	40.13	25.11	15.87
EPS Growth	24.37%	-53.10%	59.84%	58.19%	-
Free Cash Flow	8,135	62,737	333,226	337,183	227,831
Free Cash Flow Per Share	0.51	4.41	26.66	27.15	26.63
Dividend Per Share	-	-	8.000	8.000	-
Gross Margin	21.08%	25.09%	25.42%	24.17%	25.42%
Operating Margin	16.23%	20.03%	20.52%	18.62%	19.23%
Profit Margin	14.92%	13.55%	30.55%	23.63%	13.61%
Free Cash Flow Margin	0.33%	3.17%	20.29%	25.56%	22.84%
EBITDA	523,693	475,721	424,029	322,091	227,608
EBITDA Margin	21.37%	24.05%	25.83%	24.41%	22.82%
D&A For EBITDA	125,877	79,522	87,182	76,440	35,811
EBIT	397,817	396,199	336,848	245,651	191,797
EBIT Margin	16.23%	20.03%	20.52%	18.62%	19.23%
Effective Tax Rate	19.74%	24.37%	13.13%	15.09%	23.77%

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