Mobile TeleSystems Public Joint Stock Company (MOEX:MTSS)

MOEX:MTSS Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	703,741	605,991	541,749	527,921	489,831
Revenue Growth (YoY)	16.13%	11.86%	2.62%	7.78%	4.09%
Cost of Revenue	274,888	215,621	192,933	199,887	180,889
Gross Profit	428,853	390,370	348,816	328,034	308,942
Selling, General & Admin	152,922	131,523	106,909	94,973	85,958
Other Operating Expenses	35,121	30,882	-1,255	-929	2,861
Operating Expenses	298,545	273,796	246,413	218,007	200,874
Operating Income	130,308	116,574	102,403	110,027	108,068
Interest Expense	-104,794	-60,106	-58,056	-40,986	-40,255
Interest & Investment Income	6,721	2,484	1,690	1,520	2,299
Earnings From Equity Investments	5,622	6,272	4,805	5,746	5,321
Currency Exchange Gain (Loss)	-	-	3,404	-560	-10,347
Other Non Operating Income (Expenses)	-2,379	172	-6,289	893	15,517
EBT Excluding Unusual Items	35,478	65,396	47,957	76,640	80,603
Impairment of Goodwill	-	-	-	-	-1,281
Gain (Loss) on Sale of Investments	-	-	-	-	-1,392
Asset Writedown	-	-	-489	10	-742
Other Unusual Items	-	-	2,533	2,187	144
Pretax Income	35,478	65,396	50,001	78,837	77,332
Income Tax Expense	3,959	12,767	13,648	15,360	16,055
Earnings From Continuing Operations	31,519	52,629	36,353	63,477	61,277
Earnings From Discontinued Operations	19,781	2,900	-2,918	792	796
Net Income to Company	51,300	55,529	33,435	64,269	62,073
Minority Interest in Earnings	-2,252	-977	-861	-796	-661
Net Income	49,048	54,552	32,574	63,473	61,412
Net Income to Common	49,048	54,552	32,574	63,473	61,412
Net Income Growth	-10.09%	67.47%	-48.68%	3.36%	13.22%
Shares Outstanding (Basic)	1,679	1,689	1,680	1,693	1,760
Shares Outstanding (Diluted)	1,694	1,708	1,705	1,702	1,762
Shares Change (YoY)	-0.85%	0.18%	0.21%	-3.41%	-1.22%
EPS (Basic)	29.21	32.31	19.39	37.49	34.88
EPS (Diluted)	28.96	31.93	19.10	37.30	34.86
EPS Growth	-9.30%	67.17%	-48.79%	6.98%	14.65%
Free Cash Flow	91,847	87,568	119,968	69,765	89,251
Free Cash Flow Per Share	54.22	51.25	70.35	41.00	50.66
Dividend Per Share	-	35.000	34.290	44.400	56.010
Dividend Growth	-	2.07%	-22.77%	-20.73%	91.49%
Gross Margin	60.94%	64.42%	64.39%	62.14%	63.07%
Operating Margin	18.52%	19.24%	18.90%	20.84%	22.06%
Profit Margin	6.97%	9.00%	6.01%	12.02%	12.54%
Free Cash Flow Margin	13.05%	14.45%	22.14%	13.22%	18.22%
EBITDA	241,065	230,933	162,256	168,129	154,359
EBITDA Margin	34.25%	38.11%	29.95%	31.85%	31.51%
D&A For EBITDA	110,757	114,359	59,853	58,102	46,291
EBIT	130,308	116,574	102,403	110,027	108,068
EBIT Margin	18.52%	19.24%	18.90%	20.84%	22.06%
Effective Tax Rate	11.16%	19.52%	27.30%	19.48%	20.76%
Revenue as Reported	703,741	605,991	541,749	527,921	489,831

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