PT Mega Manunggal Property Tbk (IDX: MMLP)

MMLP 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	347,979	348,349	334,523	316,572	336,777	333,987
Other Revenue	27,035	16,763	39,707	39,692	5,281	-
Total Revenue	375,014	365,112	374,230	356,265	342,058	333,987
Revenue Growth (YoY	-0.22%	-2.44%	5.04%	4.15%	2.42%	11.61%
Property Expenses	27,241	26,470	26,402	48,705	25,844	29,871
Selling, General & Administrative	15,697	15,765	22,025	16,928	20,162	12,727
Depreciation & Amortization	1,446	1,164	1,480	1,243	-	2,652
Other Operating Expenses	62,872	60,162	61,621	41,031	55,235	43,313
Total Operating Expenses	107,255	103,561	111,530	107,907	101,240	88,563
Operating Income	267,759	261,550	262,701	248,357	240,817	245,425
Interest Expense	-147,763	-134,349	-67,077	-47,571	-81,538	-50,879
Interest & Investment Income	12,908	19,762	27,999	20,494	12,348	6,698
Currency Exchange Gain (Loss)	-	-	-	-	-8,411	3,386
Other Non-Operating Income	-47,011	-30,807	-15,061	-11,058	-40,589	-2,847
EBT Excluding Unusual Items	85,894	116,157	208,563	210,222	122,628	201,784
Gain (Loss) on Sale of Assets	-	-	-	-	-211,577	-18,263
Asset Writedown	31,631	31,631	18,028	181,962	33,404	124,003
Pretax Income	117,524	147,788	226,591	392,185	-55,545	307,524
Income Tax Expense	34,433	34,434	32,044	25,922	33,534	33,703
Earnings From Continuing Operations	83,091	113,354	194,546	366,263	-89,079	273,821
Minority Interest in Earnings	-6,824	-21,030	-87,318	-167,409	-62,780	-160,642
Net Income	76,267	92,324	107,228	198,853	-151,859	113,179
Net Income to Common	76,267	92,324	107,228	198,853	-151,859	113,179
Net Income Growth	-28.87%	-13.90%	-46.08%	-	-	-48.67%
Basic Shares Outstanding	6,889	6,889	6,889	6,889	6,889	6,889
Diluted Shares Outstanding	6,889	6,889	6,889	6,889	6,889	6,889
EPS (Basic)	11.07	13.40	15.56	28.86	-22.04	16.43
EPS (Diluted)	11.00	13.00	15.56	28.86	-22.04	16.43
EPS Growth	-29.32%	-16.48%	-46.08%	-	-	-48.66%
Operating Margin	71.40%	71.64%	70.20%	69.71%	70.40%	73.48%
Profit Margin	20.34%	25.29%	28.65%	55.82%	-44.40%	33.89%
Free Cash Flow Margin	35.28%	57.28%	64.49%	42.04%	2.11%	41.67%
EBITDA	269,205	262,715	264,181	249,600	243,807	249,507
EBITDA Margin	71.79%	71.95%	70.59%	70.06%	71.28%	74.71%
D&A For Ebitda	1,446	1,164	1,480	1,243	2,990	4,083
EBIT	267,759	261,550	262,701	248,357	240,817	245,425
EBIT Margin	71.40%	71.64%	70.20%	69.71%	70.40%	73.48%
Effective Tax Rate	29.30%	23.30%	14.14%	6.61%	-	10.96%

Source: S&P Capital IQ. Real Estate template. Financial Sources.