Palestine Telecommunications Company P.L.C (PEX:PALTEL)

PEX:PALTEL Income Statement

Financials in millions JOD. 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	241.13	280.44	308.9	308.58	296.77
Revenue Growth (YoY)	-14.02%	-9.21%	0.10%	3.98%	-0.29%
Cost of Revenue	34.62	56.4	62.98	62.09	69.4
Gross Profit	206.51	224.04	245.92	246.49	227.36
Selling, General & Admin	163.99	104.09	117.34	114.94	96.47
Other Operating Expenses	-12.75	1.75	2.09	1.87	1.74
Operating Expenses	151.23	165.32	169.4	170.33	162.93
Operating Income	55.27	58.72	76.53	76.16	64.43
Interest Expense	-6.87	-0.21	-0.31	-0.31	-7.63
Interest & Investment Income	-	1.14	2.27	7.02	5.96
Earnings From Equity Investments	0.79	-0.29	0.61	1.49	3.11
Currency Exchange Gain (Loss)	-	2.92	-1.14	0.53	1.53
Other Non Operating Income (Expenses)	-	-5.91	-3.14	-10.04	-1.1
EBT Excluding Unusual Items	49.19	56.38	74.82	74.85	66.3
Gain (Loss) on Sale of Investments	-	-	-	-	-5.66
Gain (Loss) on Sale of Assets	-	0.44	-0.04	0.75	-0.03
Asset Writedown	-	-2.44	-	-	-
Pretax Income	49.19	54.38	74.78	75.6	60.6
Income Tax Expense	7.26	11.03	17.69	18.43	17.11
Earnings From Continuing Operations	41.94	43.35	57.1	57.17	43.49
Earnings From Discontinued Operations	-	-	8.77	10.85	-
Net Income to Company	41.94	43.35	65.87	68.02	43.49
Minority Interest in Earnings	-0.15	-0.01	-0.62	-0.59	-0.45
Net Income	41.79	43.34	65.24	67.43	43.04
Net Income to Common	41.79	43.34	65.24	67.43	43.04
Net Income Growth	-3.57%	-33.58%	-3.24%	56.67%	-32.72%
Shares Outstanding (Basic)	132	132	132	132	132
Shares Outstanding (Diluted)	132	132	132	132	132
Shares Change (YoY)	0.15%	-	-	-	-
EPS (Basic)	0.32	0.33	0.50	0.51	0.33
EPS (Diluted)	0.32	0.33	0.50	0.51	0.33
EPS Growth	-3.72%	-33.58%	-3.24%	56.67%	-32.72%
Free Cash Flow	50.61	35.95	36.88	109.09	66.19
Free Cash Flow Per Share	0.38	0.27	0.28	0.83	0.50
Dividend Per Share	0.300	0.300	0.400	0.400	0.300
Dividend Growth	-	-25.00%	-	33.33%	-25.00%
Gross Margin	85.64%	79.89%	79.61%	79.88%	76.61%
Operating Margin	22.92%	20.94%	24.77%	24.68%	21.71%
Profit Margin	17.33%	15.45%	21.12%	21.85%	14.50%
Free Cash Flow Margin	20.99%	12.82%	11.94%	35.35%	22.30%
EBITDA	107.04	106.43	121.73	122.93	113.89
EBITDA Margin	44.39%	37.95%	39.41%	39.84%	38.38%
D&A For EBITDA	51.77	47.72	45.2	46.77	49.46
EBIT	55.27	58.72	76.53	76.16	64.43
EBIT Margin	22.92%	20.94%	24.77%	24.68%	21.71%
Effective Tax Rate	14.75%	20.28%	23.65%	24.38%	28.23%

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