PT Triputra Agro Persada Tbk (IDX: TAPG)

TAPG 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	8,529,566	8,325,887	9,345,641	6,278,123	5,265,785	4,329,148
Revenue Growth (YoY)	-1.25%	-10.91%	48.86%	19.22%	21.64%	10.04%
Cost of Revenue	5,682,925	6,129,323	5,753,472	4,561,775	3,811,779	3,403,709
Gross Profit	2,846,641	2,196,564	3,592,169	1,716,348	1,454,006	925,439
Selling, General & Admin	875,535	874,018	684,146	529,019	494,923	527,150
Other Operating Expenses	-35,006	-68,193	-63,228	-35,851	-34,049	-12,690
Operating Expenses	840,529	805,825	620,918	493,168	460,874	514,460
Operating Income	2,006,112	1,390,739	2,971,251	1,223,180	993,132	410,979
Interest Expense	-83,485	-117,911	-111,333	-160,600	-283,357	-431,344
Interest & Investment Income	41,453	38,166	27,484	20,992	39,949	43,860
Earnings From Equity Investments	692,354	643,293	968,377	348,668	405,060	193,980
Currency Exchange Gain (Loss)	-5,399	-14,820	-195,715	-31,559	-89,475	95,930
Other Non Operating Income (Expenses)	-4,350	-35,013	41,985	-	-24,924	-
EBT Excluding Unusual Items	2,646,685	1,904,454	3,702,049	1,400,681	1,040,385	313,405
Impairment of Goodwill	-	-	-8,766	-	-	-
Gain (Loss) on Sale of Investments	-20,081	5,031	5,248	-1,932	4,688	10,826
Gain (Loss) on Sale of Assets	-3,986	28,769	-11,209	20,893	25,124	20,059
Asset Writedown	-	-	-	-	-	-1,623
Pretax Income	2,624,156	1,941,098	3,689,281	1,421,264	1,070,884	344,986
Income Tax Expense	425,339	279,840	600,536	222,517	138,149	157,466
Earnings From Continuing Operations	2,198,817	1,661,258	3,088,745	1,198,747	932,735	187,520
Minority Interest in Earnings	-76,690	-53,041	-107,625	-39,711	-21,667	3,895
Net Income	2,122,127	1,608,217	2,981,120	1,159,036	911,068	191,415
Net Income to Common	2,122,127	1,608,217	2,981,120	1,159,036	911,068	191,415
Net Income Growth	21.46%	-46.05%	157.21%	27.22%	375.96%	-9.51%
Shares Outstanding (Basic)	19,853	19,853	19,853	19,636	18,986	18,986
Shares Outstanding (Diluted)	19,853	19,853	19,853	19,636	18,986	18,986
Shares Change (YoY)	-	-	1.10%	3.42%	-	-
EPS (Basic)	106.89	81.01	150.16	59.03	47.99	10.08
EPS (Diluted)	106.89	81.01	150.16	59.03	47.99	10.08
EPS Growth	21.46%	-46.05%	154.40%	23.01%	375.96%	-9.51%
Free Cash Flow	2,222,680	766,925	2,437,328	984,409	1,107,007	-62,883
Free Cash Flow Per Share	111.96	38.63	122.77	50.13	58.31	-3.31
Dividend Per Share	91.000	91.000	38.000	25.000	15.110	-
Dividend Growth	139.47%	139.47%	52.00%	65.45%	-	-
Gross Margin	33.37%	26.38%	38.44%	27.34%	27.61%	21.38%
Operating Margin	23.52%	16.70%	31.79%	19.48%	18.86%	9.49%
Profit Margin	24.88%	19.32%	31.90%	18.46%	17.30%	4.42%
Free Cash Flow Margin	26.06%	9.21%	26.08%	15.68%	21.02%	-1.45%
EBITDA	2,691,923	2,038,108	3,546,276	1,774,182	1,513,351	897,621
EBITDA Margin	31.56%	24.48%	37.95%	28.26%	28.74%	20.73%
D&A For EBITDA	685,811	647,369	575,025	551,002	520,219	486,642
EBIT	2,006,112	1,390,739	2,971,251	1,223,180	993,132	410,979
EBIT Margin	23.52%	16.70%	31.79%	19.48%	18.86%	9.49%
Effective Tax Rate	16.21%	14.42%	16.28%	15.66%	12.90%	45.64%

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