PT Midi Utama Indonesia Tbk (IDX: MIDI)

IDX: MIDI 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
Revenue	19,113,517	17,351,152	15,623,654	13,584,036	12,659,705	11,625,313
Revenue Growth (YoY)	12.50%	11.06%	15.01%	7.30%	8.90%	8.63%
Cost of Revenue	14,115,795	12,888,935	11,706,767	10,195,422	9,543,040	8,744,452
Gross Profit	4,997,722	4,462,217	3,916,887	3,388,614	3,116,665	2,880,861
Selling, General & Admin	4,458,076	4,037,165	3,463,704	3,116,983	2,933,593	2,588,574
Other Operating Expenses	-238,319	-314,097	-173,033	-215,351	-215,244	-164,685
Operating Expenses	4,219,757	3,723,068	3,290,671	2,901,632	2,718,349	2,423,889
Operating Income	777,965	739,149	626,216	486,982	398,316	456,972
Interest Expense	-52,385	-101,157	-135,481	-156,476	-190,093	-186,982
Interest & Investment Income	3,507	4,825	3,991	1,599	1,523	1,654
Currency Exchange Gain (Loss)	-	-	-2	-18	-	-26
EBT Excluding Unusual Items	729,087	642,817	494,724	332,087	209,746	271,618
Gain (Loss) on Sale of Assets	-1,069	1,242	5,286	-551	-186	1,452
Other Unusual Items	-	-	-	-	-	-180,859
Pretax Income	730,455	646,496	506,412	331,776	268,015	278,023
Income Tax Expense	180,357	130,178	107,291	62,082	67,742	74,953
Earnings From Continuing Operations	550,098	516,318	399,121	269,694	200,273	203,070
Minority Interest in Earnings	42,891	340	-203	-7	-1	-9
Net Income	592,989	516,658	398,918	269,687	200,272	203,061
Net Income to Common	592,989	516,658	398,918	269,687	200,272	203,061
Net Income Growth	23.36%	29.51%	47.92%	34.66%	-1.37%	27.59%
Shares Outstanding (Basic)	33,573	30,883	28,824	28,824	28,824	28,824
Shares Outstanding (Diluted)	33,573	30,883	28,824	28,824	28,824	28,824
Shares Change (YoY)	13.45%	7.15%	-	-	-	-
EPS (Basic)	17.66	16.73	13.84	9.36	6.95	7.04
EPS (Diluted)	17.66	16.73	13.84	9.36	6.95	7.04
EPS Growth	8.73%	20.88%	47.92%	34.66%	-1.37%	27.59%
Free Cash Flow	837,881	617,390	1,046,807	719,209	559,573	968,963
Free Cash Flow Per Share	24.96	19.99	36.32	24.95	19.41	33.62
Dividend Per Share	4.650	4.650	4.160	2.865	2.085	2.120
Dividend Growth	11.78%	11.78%	45.20%	37.41%	-1.65%	27.71%
Gross Margin	26.15%	25.72%	25.07%	24.95%	24.62%	24.78%
Operating Margin	4.07%	4.26%	4.01%	3.58%	3.15%	3.93%
Profit Margin	3.10%	2.98%	2.55%	1.99%	1.58%	1.75%
Free Cash Flow Margin	4.38%	3.56%	6.70%	5.29%	4.42%	8.33%
EBITDA	1,236,137	1,139,913	995,966	824,609	712,541	754,112
EBITDA Margin	6.47%	6.57%	6.37%	6.07%	5.63%	6.49%
D&A For EBITDA	458,172	400,764	369,750	337,627	314,225	297,140
EBIT	777,965	739,149	626,216	486,982	398,316	456,972
EBIT Margin	4.07%	4.26%	4.01%	3.58%	3.15%	3.93%
Effective Tax Rate	24.69%	20.14%	21.19%	18.71%	25.28%	26.96%
Advertising Expenses	-	18,264	23,608	13,235	19,850	33,080

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