Arindo Holdings (Mauritius) Limited (MUSE: ARIN.N0000)

ARIN.N0000 Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Revenue	1,384	1,510	2,249	543.64	751.59	607.24
Revenue Growth (YoY)	-31.86%	-32.88%	313.70%	-27.67%	23.77%	82.67%
Cost of Revenue	1,293	1,409	2,143	502.51	699.7	556.94
Gross Profit	91.3	100.96	105.93	41.13	51.88	50.3
Selling, General & Admin	7.05	10.87	18.35	8.84	34.2	18.06
Other Operating Expenses	-5.05	-6.62	-11.21	-	-	-
Operating Expenses	2.31	4.59	7.29	9	34.43	18.33
Operating Income	88.98	96.37	98.64	32.13	17.45	31.97
Interest Expense	-80.43	-86.61	-50.13	-26.41	-28.35	-14.17
Interest & Investment Income	6.65	6.91	0.65	-	-	-
Earnings From Equity Investments	52.66	56	170.43	-54.26	44.74	-56.69
Other Non Operating Income (Expenses)	-	-	-	36.31	15.58	91.02
EBT Excluding Unusual Items	67.87	72.66	219.59	-12.23	49.42	52.13
Gain (Loss) on Sale of Investments	-	1.34	14.47	-	-	-
Pretax Income	67.87	74	234.06	-12.23	49.42	52.13
Income Tax Expense	9	10.1	10.6	3.94	4.72	4.47
Net Income	58.87	63.9	223.46	-16.17	44.7	47.66
Net Income to Common	58.87	63.9	223.46	-16.17	44.7	47.66
Net Income Growth	-31.52%	-71.41%	-	-	-6.21%	90.72%
Free Cash Flow	120.1	76.83	85.48	73.14	14.9	48.16
Gross Margin	6.60%	6.69%	4.71%	7.57%	6.90%	8.28%
Operating Margin	6.43%	6.38%	4.39%	5.91%	2.32%	5.27%
Profit Margin	4.25%	4.23%	9.94%	-2.97%	5.95%	7.85%
Free Cash Flow Margin	8.68%	5.09%	3.80%	13.45%	1.98%	7.93%
EBITDA	89.3	96.71	98.79	32.29	17.69	32.24
EBITDA Margin	6.45%	6.41%	4.39%	5.94%	2.35%	5.31%
D&A For EBITDA	0.32	0.34	0.15	0.16	0.23	0.26
EBIT	88.98	96.37	98.64	32.13	17.45	31.97
EBIT Margin	6.43%	6.38%	4.39%	5.91%	2.32%	5.26%
Effective Tax Rate	13.27%	13.65%	4.53%	-	9.55%	8.58%

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