The Palestinian Company for Distribution & Logistics Services LLC (PEX: WASSEL)

PEX: WASSEL Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	11.25	10.53	11.19	9.26	7.95	9.1
Revenue Growth (YoY)	3.92%	-5.92%	20.81%	16.50%	-12.60%	3.16%
Cost of Revenue	9.03	8.47	8.46	7.31	6.67	7.77
Gross Profit	2.22	2.06	2.73	1.95	1.28	1.33
Selling, General & Admin	1.43	1.44	1.62	1.87	1.19	1.58
Other Operating Expenses	-0	-0	-0.01	-0	-	-
Operating Expenses	1.69	1.76	1.98	2	1.57	1.78
Operating Income	0.53	0.31	0.75	-0.05	-0.29	-0.45
Interest Expense	-0.04	-0.05	-0.05	-0.1	-0.11	-0.15
Interest & Investment Income	0.72	0.72	0.7	0.26	0.02	0.11
Earnings From Equity Investments	-0.27	-0.17	0.12	0.63	0.63	0.63
Currency Exchange Gain (Loss)	-0.08	-0.08	-0.34	0.11	0.25	0.17
Other Non Operating Income (Expenses)	0.16	-	-	-	-0.13	-0.06
EBT Excluding Unusual Items	1.02	0.72	1.19	0.85	0.38	0.25
Gain (Loss) on Sale of Investments	-0.2	-	-	-	-0.11	-
Gain (Loss) on Sale of Assets	-	-	-	-	-0.01	-
Asset Writedown	-0.01	-0.01	-	-	-0.05	-
Pretax Income	0.81	0.72	1.19	0.85	0.21	0.25
Income Tax Expense	0.23	0.21	0.28	0.14	0.04	0.11
Earnings From Continuing Operations	0.57	0.51	0.91	0.71	0.17	0.14
Minority Interest in Earnings	-0.01	-0	-0	-0.01	-0.01	-0.01
Net Income	0.57	0.51	0.91	0.71	0.16	0.13
Net Income to Common	0.57	0.51	0.91	0.71	0.16	0.13
Net Income Growth	-19.68%	-44.48%	28.61%	340.96%	22.21%	227.15%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
Shares Change (YoY)	0.25%	-	-	-	-	-
EPS (Basic)	0.04	0.04	0.07	0.05	0.01	0.01
EPS (Diluted)	0.04	0.04	0.07	0.05	0.01	0.01
EPS Growth	-19.89%	-44.48%	28.61%	340.99%	22.21%	227.15%
Free Cash Flow	1.26	0.55	0.81	0.34	0.28	0.76
Free Cash Flow Per Share	0.10	0.04	0.06	0.03	0.02	0.06
Gross Margin	19.71%	19.59%	24.36%	21.10%	16.10%	14.64%
Operating Margin	4.70%	2.90%	6.71%	-0.50%	-3.60%	-4.94%
Profit Margin	5.06%	4.80%	8.13%	7.64%	2.02%	1.44%
Free Cash Flow Margin	11.22%	5.18%	7.24%	3.64%	3.57%	8.36%
EBITDA	0.7	0.45	0.89	0.13	-0.05	-0.07
EBITDA Margin	6.22%	4.30%	7.98%	1.35%	-0.61%	-0.74%
D&A For EBITDA	0.17	0.15	0.14	0.17	0.24	0.38
EBIT	0.53	0.31	0.75	-0.05	-0.29	-0.45
EBIT Margin	4.70%	2.90%	6.71%	-0.50%	-3.60%	-4.94%
Effective Tax Rate	28.92%	28.85%	23.50%	16.11%	19.53%	44.40%
Advertising Expenses	-	0	0	0	0.01	0.01

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