MSTI 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	5,378,867	4,200,927	3,510,262	3,114,124	2,897,471
Revenue Growth (YoY)	53.23%	19.68%	12.72%	7.48%	-
Cost of Revenue	4,354,447	3,330,792	2,740,651	2,508,865	2,329,332
Gross Profit	1,024,420	870,135	769,611	605,259	568,139
Selling, General & Admin	322,685	287,895	230,401	180,827	186,592
Other Operating Expenses	184.92	184.92	104.43	-	-
Operating Expenses	322,870	288,080	230,506	180,827	186,592
Operating Income	701,551	582,055	539,105	424,432	381,547
Interest Expense	-12,652	-20,254	-12,221	-12,553	-6,282
Interest & Investment Income	16,516	6,650	3,526	5,534	6,959
Earnings From Equity Investments	14.71	14.71	1,154	3,513	196.21
Currency Exchange Gain (Loss)	-4,604	1,642	-14,893	1,857	22,251
Other Non Operating Income (Expenses)	32,371	6,962	96.47	-1,086	-1,934
EBT Excluding Unusual Items	733,196	577,070	516,768	421,697	402,737
Gain (Loss) on Sale of Assets	-267.19	-267.19	405.88	40.91	0.15
Asset Writedown	-19.14	-19.14	-558.83	-966.55	-
Pretax Income	732,910	576,783	516,615	420,771	402,737
Income Tax Expense	164,878	129,058	117,673	93,843	89,927
Net Income	568,032	447,726	398,942	326,928	312,810
Net Income to Common	568,032	447,726	398,942	326,928	312,810
Net Income Growth	42.38%	12.23%	22.03%	4.51%	-
Shares Outstanding (Basic)	3,100	2,746	2,668	2,668	2,668
Shares Outstanding (Diluted)	3,100	2,746	2,668	2,668	2,668
Shares Change (YoY)	16.18%	2.94%	-	-	-
EPS (Basic)	183.26	163.02	149.53	122.54	117.25
EPS (Diluted)	183.26	163.02	149.53	122.54	117.25
EPS Growth	22.56%	9.02%	22.03%	4.51%	-
Free Cash Flow	336,065	213,222	92,047	228,164	331,469
Free Cash Flow Per Share	108.42	77.63	34.50	85.52	124.24
Dividend Per Share	99.840	99.840	-	-	-
Gross Margin	19.05%	20.71%	21.92%	19.44%	19.61%
Operating Margin	13.04%	13.86%	15.36%	13.63%	13.17%
Profit Margin	10.56%	10.66%	11.37%	10.50%	10.80%
Free Cash Flow Margin	6.25%	5.08%	2.62%	7.33%	11.44%
EBITDA	756,655	641,379	589,122	463,970	418,919
EBITDA Margin	14.07%	15.27%	16.78%	14.90%	14.46%
D&A For EBITDA	55,104	59,324	50,017	39,537	37,372
EBIT	701,551	582,055	539,105	424,432	381,547
EBIT Margin	13.04%	13.86%	15.36%	13.63%	13.17%
Effective Tax Rate	22.50%	22.38%	22.78%	22.30%	22.33%
Advertising Expenses	-	2,368	2,743	1,057	1,274

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