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

PEX:PALTEL Income Statement

Financials in millions JOD. 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	254.78	241.13	280.44	308.9	308.58	296.77
Revenue Growth (YoY)	1.73%	-14.02%	-9.21%	0.10%	3.98%	-0.29%
Cost of Revenue	48.93	47.6	58.29	62.98	62.09	69.4
Gross Profit	205.85	193.53	222.16	245.92	246.49	227.36
Selling, General & Admin	100.17	93.88	102.21	117.34	114.94	96.47
Other Operating Expenses	-5.8	-8.28	-0.41	2.09	1.87	1.74
Operating Expenses	150.18	141.41	161.28	169.4	170.33	162.93
Operating Income	55.67	52.12	60.88	76.53	76.16	64.43
Interest Expense	-6.94	-6.87	-8.27	-5.74	-0.31	-7.63
Interest & Investment Income	0.65	0.52	1.14	2.27	7.02	5.96
Earnings From Equity Investments	0.79	0.79	-0.29	0.61	1.49	3.11
Currency Exchange Gain (Loss)	2.19	2.19	2.92	-1.14	0.53	1.53
Other Non Operating Income (Expenses)	-	-	-	2.29	-10.04	-1.1
EBT Excluding Unusual Items	52.37	48.75	56.38	74.82	74.85	66.3
Gain (Loss) on Sale of Investments	-	-	-	-	-	-5.66
Gain (Loss) on Sale of Assets	2.39	2.39	0.44	-0.04	0.75	-0.03
Asset Writedown	-1.94	-1.94	-2.44	-	-	-
Pretax Income	52.81	49.19	54.38	74.78	75.6	60.6
Income Tax Expense	8.29	7.26	11.03	17.69	18.43	17.11
Earnings From Continuing Operations	44.52	41.94	43.35	57.1	57.17	43.49
Earnings From Discontinued Operations	-	-	-	8.77	10.85	-
Net Income to Company	44.52	41.94	43.35	65.87	68.02	43.49
Minority Interest in Earnings	-0.19	-0.15	-0.01	-0.62	-0.59	-0.45
Net Income	44.33	41.79	43.34	65.24	67.43	43.04
Net Income to Common	44.33	41.79	43.34	65.24	67.43	43.04
Net Income Growth	22.44%	-3.57%	-33.58%	-3.24%	56.67%	-32.72%
Shares Outstanding (Basic)	132	132	132	132	132	132
Shares Outstanding (Diluted)	132	132	132	132	132	132
EPS (Basic)	0.34	0.32	0.33	0.50	0.51	0.33
EPS (Diluted)	0.34	0.32	0.33	0.50	0.51	0.33
EPS Growth	22.25%	-3.57%	-33.58%	-3.24%	56.67%	-32.72%
Free Cash Flow	37.89	50.61	35.95	36.88	109.09	66.19
Free Cash Flow Per Share	0.29	0.38	0.27	0.28	0.83	0.50
Dividend Per Share	0.300	0.300	0.300	0.400	0.400	0.300
Dividend Growth	-	-	-25.00%	-	33.33%	-25.00%
Gross Margin	80.79%	80.26%	79.22%	79.61%	79.88%	76.61%
Operating Margin	21.85%	21.62%	21.71%	24.77%	24.68%	21.71%
Profit Margin	17.40%	17.33%	15.45%	21.12%	21.85%	14.50%
Free Cash Flow Margin	14.87%	20.99%	12.82%	11.94%	35.35%	22.30%
EBITDA	107.06	102.1	108.59	121.73	122.93	113.89
EBITDA Margin	42.02%	42.34%	38.72%	39.41%	39.84%	38.38%
D&A For EBITDA	51.39	49.98	47.72	45.2	46.77	49.46
EBIT	55.67	52.12	60.88	76.53	76.16	64.43
EBIT Margin	21.85%	21.62%	21.71%	24.77%	24.68%	21.71%
Effective Tax Rate	15.70%	14.75%	20.28%	23.65%	24.38%	28.23%

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