PT Sawit Sumbermas Sarana Tbk. (IDX: SSMS)

IDX: SSMS 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	10,695,813	10,703,412	11,240,219	5,203,101	4,011,131	3,277,807
Revenue Growth (YoY)	-20.89%	-4.78%	116.03%	29.72%	22.37%	-11.67%
Cost of Revenue	7,679,630	7,860,888	7,072,003	2,879,672	2,154,236	2,164,303
Gross Profit	3,016,183	2,842,524	4,168,216	2,323,428	1,856,895	1,113,504
Selling, General & Admin	804,289	796,088	720,802	599,103	592,611	572,580
Other Operating Expenses	786,680	869,075	948,267	-74,423	12,333	223,115
Operating Expenses	1,590,970	1,665,163	1,669,069	524,679	604,944	795,695
Operating Income	1,425,214	1,177,361	2,499,147	1,798,749	1,251,951	317,809
Interest Expense	-590,811	-604,099	-591,367	-510,142	-537,798	-487,548
Interest & Investment Income	60,341	35,409	17,534	513,289	78,102	239,147
Earnings From Equity Investments	-42,229	-53,340	-37,351	70,300	-64,892	-17,075
Currency Exchange Gain (Loss)	49,573	18,922	-260,724	-30,492	-45,540	128,558
Other Non Operating Income (Expenses)	-81,372	-22,119	-49,985	32,248	217,723	-26,299
EBT Excluding Unusual Items	820,715	552,135	1,577,254	1,873,952	899,546	154,593
Gain (Loss) on Sale of Investments	-	-	387,432	-	-	-
Other Unusual Items	87,852	174,298	373,197	-	-	-
Pretax Income	908,567	726,434	2,337,883	1,873,952	899,546	154,593
Income Tax Expense	286,435	208,120	489,764	347,081	318,691	142,511
Earnings From Continuing Operations	622,132	518,314	1,848,119	1,526,871	580,855	12,082
Minority Interest in Earnings	-13,791	-6,058	-10,743	-11,356	-4,221	-401.77
Net Income	608,341	512,256	1,837,376	1,515,514	576,634	11,680
Net Income to Common	608,341	512,256	1,837,376	1,515,514	576,634	11,680
Net Income Growth	-23.80%	-72.12%	21.24%	162.82%	4836.86%	-86.45%
Shares Outstanding (Basic)	9,525	9,525	9,525	9,525	9,525	9,525
Shares Outstanding (Diluted)	9,525	9,525	9,525	9,525	9,525	9,525
EPS (Basic)	63.87	53.78	192.90	159.11	60.54	1.23
EPS (Diluted)	63.87	53.78	192.90	159.11	60.54	1.23
EPS Growth	-23.80%	-72.12%	21.24%	162.82%	4836.86%	-86.45%
Free Cash Flow	606,177	48,465	1,895,031	855,623	371,529	-451,616
Free Cash Flow Per Share	63.64	5.09	198.95	89.83	39.01	-47.41
Dividend Per Share	-	-	149.280	80.150	30.490	-
Dividend Growth	-	-	86.25%	162.87%	-	-
Gross Margin	28.20%	26.56%	37.08%	44.65%	46.29%	33.97%
Operating Margin	13.32%	11.00%	22.23%	34.57%	31.21%	9.70%
Profit Margin	5.69%	4.79%	16.35%	29.13%	14.38%	0.36%
Free Cash Flow Margin	5.67%	0.45%	16.86%	16.44%	9.26%	-13.78%
EBITDA	1,821,216	1,558,018	2,853,769	2,105,033	1,571,150	614,325
EBITDA Margin	17.03%	14.56%	25.39%	40.46%	39.17%	18.74%
D&A For EBITDA	396,002	380,656	354,622	306,284	319,200	296,516
EBIT	1,425,214	1,177,361	2,499,147	1,798,749	1,251,951	317,809
EBIT Margin	13.32%	11.00%	22.23%	34.57%	31.21%	9.70%
Effective Tax Rate	31.53%	28.65%	20.95%	18.52%	35.43%	92.18%

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