PT. Mitra Adiperkasa Tbk (IDX: MAPI)

PT. Mitra Adiperkasa Tbk 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	36,976,924	33,168,757	26,825,795	18,316,617	14,779,622	21,572,165
Other Revenue	165,461	150,054	111,545	107,186	67,776	65,144
Revenue	37,142,385	33,318,811	26,937,340	18,423,803	14,847,398	21,637,309
Revenue Growth (YoY)	16.40%	23.69%	46.21%	24.09%	-31.38%	14.36%
Cost of Revenue	21,474,245	18,562,907	15,074,589	10,911,676	8,851,230	11,468,133
Gross Profit	15,668,140	14,755,904	11,862,751	7,512,127	5,996,168	10,169,176
Selling, General & Admin	12,340,001	11,249,910	8,776,538	6,340,353	6,132,752	8,200,643
Operating Expenses	12,340,001	11,249,910	8,776,538	6,341,966	6,134,030	8,204,017
Operating Income	3,328,139	3,505,994	3,086,213	1,170,161	-137,862	1,965,159
Interest Expense	-569,503	-436,345	-454,828	-471,419	-527,779	-184,440
Interest & Investment Income	100,630	87,147	60,579	60,615	69,822	46,456
Earnings From Equity Investments	88,803	92,967	70,285	-62,886	-79,364	17,042
Currency Exchange Gain (Loss)	-15,417	-32,565	-13,743	-2,291	-3,386	-7,949
Other Non Operating Income (Expenses)	58,661	60,900	141,974	42,986	33,785	-144,934
EBT Excluding Unusual Items	2,991,313	3,278,098	2,890,480	737,166	-644,784	1,691,334
Gain (Loss) on Sale of Investments	-	-	381,801	-	-	-
Gain (Loss) on Sale of Assets	-36,418	-22,957	-51,302	-30,826	-35,267	-31,764
Asset Writedown	-	-21,603	-24,648	-12,629	-21,624	-3,787
Pretax Income	2,954,895	3,233,538	3,196,331	693,711	-701,675	1,655,783
Income Tax Expense	746,311	888,245	685,522	226,027	-116,371	492,276
Earnings From Continuing Operations	2,208,584	2,345,293	2,510,809	467,684	-585,304	1,163,507
Minority Interest in Earnings	-431,098	-451,744	-392,929	-47,508	31,588	-230,014
Net Income	1,777,486	1,893,549	2,117,880	420,176	-553,716	933,493
Net Income to Common	1,777,486	1,893,549	2,117,880	420,176	-553,716	933,493
Net Income Growth	-9.63%	-10.59%	404.05%	-	-	26.86%
Shares Outstanding (Basic)	16,540	16,540	16,540	16,540	16,540	16,539
Shares Outstanding (Diluted)	16,540	16,540	16,540	16,540	16,540	16,539
Shares Change (YoY)	-	-	-	-	0.00%	0.02%
EPS (Basic)	107.47	114.49	128.05	25.40	-33.48	56.44
EPS (Diluted)	107.47	114.49	128.05	25.40	-33.48	56.44
EPS Growth	-9.63%	-10.59%	404.05%	-	-	26.84%
Free Cash Flow	2,067,809	150,878	3,183,432	2,646,694	987,217	1,580,479
Free Cash Flow Per Share	125.02	9.12	192.47	160.02	59.69	95.56
Dividend Per Share	8.000	8.000	8.000	-	-	-
Gross Margin	42.18%	44.29%	44.04%	40.77%	40.39%	47.00%
Operating Margin	8.96%	10.52%	11.46%	6.35%	-0.93%	9.08%
Profit Margin	4.79%	5.68%	7.86%	2.28%	-3.73%	4.31%
Free Cash Flow Margin	5.57%	0.45%	11.82%	14.37%	6.65%	7.30%
EBITDA	4,338,129	4,414,800	3,904,006	2,030,880	766,222	2,822,759
EBITDA Margin	11.68%	13.25%	14.49%	11.02%	5.16%	13.05%
D&A For EBITDA	1,009,990	908,806	817,793	860,719	904,084	857,600
EBIT	3,328,139	3,505,994	3,086,213	1,170,161	-137,862	1,965,159
EBIT Margin	8.96%	10.52%	11.46%	6.35%	-0.93%	9.08%
Effective Tax Rate	25.26%	27.47%	21.45%	32.58%	-	29.73%
Revenue as Reported	37,142,385	33,318,811	26,937,340	18,423,803	14,847,398	21,637,309
Advertising Expenses	-	550,801	385,744	300,915	167,705	298,373

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