Telekom Malaysia Berhad (KLSE: TM)

Telekom Malaysia Berhad Income Statement

Financials in millions MYR. 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
Revenue	12,256	12,256	12,118	11,529	10,840	11,434
Revenue Growth (YoY)	3.16%	1.13%	5.11%	6.35%	-5.19%	-3.26%
Cost of Revenue	7,161	7,144	7,133	7,133	6,753	7,282
Gross Profit	5,095	5,112	4,985	4,397	4,088	4,152
Selling, General & Admin	237.2	237.2	168.1	168.6	255.9	228
Other Operating Expenses	-151.6	-119.3	-118.1	-132.1	-78.7	-113.8
Operating Expenses	2,724	2,904	2,908	2,551	2,494	2,426
Operating Income	2,371	2,208	2,077	1,846	1,594	1,727
Interest Expense	-333.5	-355.3	-379.9	-478.3	-516.1	-529.4
Interest & Investment Income	121.5	105.6	76	86	162.4	153
Earnings From Equity Investments	11.8	13.1	11.2	12	12.2	15
Currency Exchange Gain (Loss)	-20.3	-48.7	-94	-48.9	27.5	1.1
Other Non Operating Income (Expenses)	1.9	1.9	-5	-5.5	-3.3	-5.2
EBT Excluding Unusual Items	2,153	1,925	1,686	1,411	1,277	1,361
Gain (Loss) on Sale of Investments	10.4	10.4	-8.6	-15.7	6.2	-268.6
Gain (Loss) on Sale of Assets	4.5	4.5	16.4	4	2.6	7.2
Asset Writedown	-146.1	-146.1	-11.5	-161.3	-16	-180.4
Other Unusual Items	1.8	1.8	4.4	2	4.9	4.2
Pretax Income	2,036	1,809	1,687	1,247	1,279	925.1
Income Tax Expense	222.3	-76.5	542.3	368.9	282.5	367.7
Earnings From Continuing Operations	1,814	1,885	1,144	877.9	996	557.4
Minority Interest in Earnings	-21.1	-14.5	-0.9	17.3	20	75.3
Net Income	1,793	1,871	1,143	895.2	1,016	632.7
Net Income to Common	1,793	1,871	1,143	895.2	1,016	632.7
Net Income Growth	35.39%	63.61%	27.71%	-11.89%	60.58%	312.99%
Shares Outstanding (Basic)	3,834	3,826	3,786	3,774	3,769	3,761
Shares Outstanding (Diluted)	3,838	3,838	3,811	3,808	3,800	3,787
Shares Change (YoY)	0.27%	0.70%	0.08%	0.22%	0.32%	0.20%
EPS (Basic)	0.47	0.49	0.30	0.24	0.27	0.17
EPS (Diluted)	0.47	0.49	0.30	0.23	0.27	0.17
EPS Growth	35.18%	62.33%	27.66%	-11.99%	59.88%	309.65%
Free Cash Flow	2,635	1,493	602	1,072	1,249	2,003
Free Cash Flow Per Share	0.69	0.39	0.16	0.28	0.33	0.53
Dividend Per Share	0.280	0.250	0.165	0.130	0.143	0.100
Dividend Growth	64.71%	51.52%	26.92%	-9.09%	43.00%	400.00%
Gross Margin	41.57%	41.71%	41.14%	38.13%	37.71%	36.31%
Operating Margin	19.35%	18.02%	17.14%	16.01%	14.70%	15.10%
Profit Margin	14.63%	15.26%	9.43%	7.76%	9.37%	5.53%
Free Cash Flow Margin	21.50%	12.18%	4.97%	9.30%	11.52%	17.52%
EBITDA	4,316	4,398	4,482	3,917	3,530	3,787
EBITDA Margin	35.22%	35.89%	36.98%	33.98%	32.56%	33.12%
D&A For EBITDA	1,945	2,190	2,404	2,071	1,936	2,060
EBIT	2,371	2,208	2,077	1,846	1,594	1,727
EBIT Margin	19.35%	18.02%	17.14%	16.01%	14.70%	15.10%
Effective Tax Rate	10.92%	-	32.16%	29.59%	22.10%	39.75%

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