Far-Eastern Shipping Company PLC. (MOEX:FESH)

MOEX:FESH Income Statement

Financials in millions RUB. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	194,314	184,978	172,004	162,639	113,709	62,168
Revenue Growth (YoY)	22.49%	7.54%	5.76%	43.03%	82.91%	9.70%
Cost of Revenue	117,395	111,172	97,787	72,665	54,580	42,060
Gross Profit	76,919	73,806	74,217	89,974	59,129	20,108
Selling, General & Admin	20,190	21,071	23,755	19,639	12,470	7,782
Other Operating Expenses	3,911	2,898	1,930	-1	551	542
Operating Expenses	36,318	36,876	37,199	26,286	19,930	11,283
Operating Income	40,601	36,930	37,018	63,688	39,199	8,825
Interest Expense	-14,794	-7,976	-4,717	-4,509	-3,335	-3,312
Interest & Investment Income	929	929	1,500	1,408	252	52
Earnings From Equity Investments	20	19	40	30	82	95
Currency Exchange Gain (Loss)	4,338	4,338	8,476	-2,457	106	5,699
Other Non Operating Income (Expenses)	136	-1,082	-836	-1,280	-214	-662
EBT Excluding Unusual Items	31,230	33,158	41,481	56,880	36,090	10,697
Impairment of Goodwill	-503	-503	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	5	4	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-208
Asset Writedown	1,640	-130	1,352	-12,793	4,221	-635
Other Unusual Items	-	-	-	-	-	7
Pretax Income	32,367	32,525	42,838	44,091	40,311	9,861
Income Tax Expense	8,031	7,117	4,987	4,703	2,461	1,515
Earnings From Continuing Operations	24,336	25,408	37,851	39,388	37,850	8,346
Minority Interest in Earnings	1,518	1,376	-149	-775	-544	-320
Net Income	25,854	26,784	37,702	38,613	37,306	8,026
Net Income to Common	25,854	26,784	37,702	38,613	37,306	8,026
Net Income Growth	195.00%	-28.96%	-2.36%	3.50%	364.81%	-
Shares Outstanding (Basic)	2,950	2,951	2,951	2,951	2,951	2,951
Shares Outstanding (Diluted)	2,950	2,951	2,951	2,951	2,951	2,951
EPS (Basic)	8.76	9.08	12.77	13.08	12.64	2.72
EPS (Diluted)	8.76	9.08	12.77	13.08	12.64	2.72
EPS Growth	195.04%	-28.96%	-2.36%	3.50%	364.81%	-
Free Cash Flow	35,578	19,219	-16,199	26,539	14,941	6,716
Free Cash Flow Per Share	12.06	6.51	-5.49	8.99	5.06	2.28
Gross Margin	39.59%	39.90%	43.15%	55.32%	52.00%	32.34%
Operating Margin	20.89%	19.96%	21.52%	39.16%	34.47%	14.19%
Profit Margin	13.30%	14.48%	21.92%	23.74%	32.81%	12.91%
Free Cash Flow Margin	18.31%	10.39%	-9.42%	16.32%	13.14%	10.80%
EBITDA	49,519	46,538	44,911	68,893	44,783	10,900
EBITDA Margin	25.48%	25.16%	26.11%	42.36%	39.38%	17.53%
D&A For EBITDA	8,918	9,608	7,893	5,205	5,584	2,075
EBIT	40,601	36,930	37,018	63,688	39,199	8,825
EBIT Margin	20.89%	19.96%	21.52%	39.16%	34.47%	14.19%
Effective Tax Rate	24.81%	21.88%	11.64%	10.67%	6.11%	15.36%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.