PT Modernland Realty Tbk (IDX:MDLN)

PT Modernland Realty Tbk 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,008,749	1,017,570	1,152,308	1,098,860	2,008,646	731,508
Revenue Growth (YoY)	-6.75%	-11.69%	4.86%	-45.29%	174.59%	-52.73%
Cost of Revenue	506,572	563,157	614,509	535,870	656,038	370,328
Gross Profit	502,177	454,413	537,799	562,990	1,352,608	361,180
Selling, General & Admin	591,714	563,886	538,142	516,542	461,355	477,034
Other Operating Expenses	-216,779	-88,679	-101,659	-70,417	-72,544	425,362
Operating Expenses	374,935	475,206	436,483	446,126	388,810	902,395
Operating Income	127,242	-20,793	101,316	116,864	963,797	-541,215
Interest Expense	-512,541	-333,266	-306,920	-278,842	-522,169	-551,940
Interest & Investment Income	10,519	18,057	12,609	11,604	11,941	16,869
Earnings From Equity Investments	-19,938	-15,519	-5,164	-2,735	18,299	17,996
Currency Exchange Gain (Loss)	-655,148	-309,219	119,821	-575,707	-65,896	-86,661
EBT Excluding Unusual Items	-1,049,866	-660,740	-78,338	-728,815	405,972	-1,144,951
Impairment of Goodwill	-	-	-	-	-	-570,345
Gain (Loss) on Sale of Investments	-	-	-	-	-282,881	-
Gain (Loss) on Sale of Assets	-	-	1,982	362.25	-1,883	434.64
Other Unusual Items	997,871	-	-	782,535	-130,002	-
Pretax Income	-51,995	-660,740	-76,356	54,082	-8,794	-1,714,861
Income Tax Expense	28,277	30,115	28,485	33,912	33,200	49,019
Earnings From Continuing Operations	-80,272	-690,855	-104,841	20,171	-41,994	-1,763,880
Minority Interest in Earnings	588.72	582.89	2,867	-	-	-
Net Income	-79,684	-690,272	-101,974	20,171	-41,994	-1,763,880
Net Income to Common	-79,684	-690,272	-101,974	20,171	-41,994	-1,763,880
Shares Outstanding (Basic)	11,633	11,947	12,367	12,367	12,367	12,367
Shares Outstanding (Diluted)	11,633	11,947	12,367	12,367	12,367	12,367
Shares Change (YoY)	-5.93%	-3.39%	-	-	-	-
EPS (Basic)	-6.85	-57.78	-8.25	1.63	-3.40	-142.63
EPS (Diluted)	-6.85	-57.78	-8.25	1.63	-3.40	-142.63
Free Cash Flow	-299,283	-24,702	-9,414	-549,776	77,419	-157,592
Free Cash Flow Per Share	-25.73	-2.07	-0.76	-44.46	6.26	-12.74
Gross Margin	49.78%	44.66%	46.67%	51.23%	67.34%	49.38%
Operating Margin	12.61%	-2.04%	8.79%	10.63%	47.98%	-73.99%
Profit Margin	-7.90%	-67.84%	-8.85%	1.84%	-2.09%	-241.13%
Free Cash Flow Margin	-29.67%	-2.43%	-0.82%	-50.03%	3.85%	-21.54%
EBITDA	191,348	40,020	162,490	179,988	1,030,464	-472,506
EBITDA Margin	18.97%	3.93%	14.10%	16.38%	51.30%	-64.59%
D&A For EBITDA	64,106	60,814	61,174	63,123	66,666	68,709
EBIT	127,242	-20,793	101,316	116,864	963,797	-541,215
EBIT Margin	12.61%	-2.04%	8.79%	10.63%	47.98%	-73.99%
Effective Tax Rate	-	-	-	62.70%	-	-
Revenue as Reported	1,008,749	1,017,570	1,152,308	1,098,860	2,008,646	731,508
Advertising Expenses	-	77,410	55,780	31,490	22,472	20,498

Source: S&P Global Market Intelligence. Standard template. Financial Sources.