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	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	4,650,735	4,200,927	3,510,262	3,114,124	2,897,471
Revenue Growth (YoY)	49.34%	19.68%	12.72%	7.48%	-
Cost of Revenue	3,695,685	3,330,792	2,740,651	2,508,865	2,329,332
Gross Profit	955,050	870,135	769,611	605,259	568,139
Selling, General & Admin	311,821	287,895	230,401	180,827	186,592
Other Operating Expenses	184.92	184.92	104.43	-	-
Operating Expenses	312,006	288,080	230,506	180,827	186,592
Operating Income	643,044	582,055	539,105	424,432	381,547
Interest Expense	-16,827	-20,254	-12,221	-12,553	-6,282
Interest & Investment Income	14,994	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)	-7,607	1,642	-14,893	1,857	22,251
Other Non Operating Income (Expenses)	11,981	6,962	96.47	-1,086	-1,934
EBT Excluding Unusual Items	645,600	577,070	516,768	421,697	402,737
Gain (Loss) on Sale of Assets	295.47	-267.19	405.88	40.91	0.15
Asset Writedown	-18.33	-19.14	-558.83	-966.55	-
Pretax Income	645,877	576,783	516,615	420,771	402,737
Income Tax Expense	143,624	129,058	117,673	93,843	89,927
Net Income	502,253	447,726	398,942	326,928	312,810
Net Income to Common	502,253	447,726	398,942	326,928	312,810
Net Income Growth	53.63%	12.23%	22.03%	4.51%	-
Shares Outstanding (Basic)	2,982	2,746	2,668	2,668	2,668
Shares Outstanding (Diluted)	2,982	2,746	2,668	2,668	2,668
Shares Change (YoY)	11.76%	2.94%	-	-	-
EPS (Basic)	168.43	163.02	149.53	122.54	117.25
EPS (Diluted)	168.43	163.02	149.53	122.54	117.25
EPS Growth	37.46%	9.02%	22.03%	4.51%	-
Free Cash Flow	822,102	213,222	92,047	228,164	331,469
Free Cash Flow Per Share	275.70	77.63	34.50	85.52	124.24
Dividend Per Share	99.840	99.840	-	-	-
Gross Margin	20.54%	20.71%	21.92%	19.44%	19.61%
Operating Margin	13.83%	13.86%	15.36%	13.63%	13.17%
Profit Margin	10.80%	10.66%	11.37%	10.50%	10.80%
Free Cash Flow Margin	17.68%	5.08%	2.62%	7.33%	11.44%
EBITDA	699,196	641,379	589,122	463,970	418,919
EBITDA Margin	15.03%	15.27%	16.78%	14.90%	14.46%
D&A For EBITDA	56,152	59,324	50,017	39,537	37,372
EBIT	643,044	582,055	539,105	424,432	381,547
EBIT Margin	13.83%	13.86%	15.36%	13.63%	13.17%
Effective Tax Rate	22.24%	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.