International Container Terminal Services, Inc. (PSE: ICT)

ICT 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,545	2,388	2,243	1,865	1,505	1,481
Revenue Growth (YoY)	8.53%	6.48%	20.27%	23.88%	1.63%	6.90%
Cost of Revenue	732.42	716.96	687.61	598.72	516.69	526.55
Gross Profit	1,813	1,671	1,555	1,266	988.81	954.86
Selling, General & Admin	170.88	165.75	146.11	127.25	111.98	124.72
Other Operating Expenses	10.8	-1.82	23.29	-1.38	-2.12	-3.34
Operating Expenses	476.12	458.36	436.11	372.86	340	356.34
Operating Income	1,336	1,213	1,119	893.44	648.81	598.52
Interest Expense	-354.62	-338.64	-308.89	-291.04	-259.96	-251.18
Interest & Investment Income	67.75	57.98	39.06	22.22	19.29	22.77
Earnings From Equity Investments	-10.28	-9.81	1.99	-0	-12.27	-19.75
Currency Exchange Gain (Loss)	0.78	-6.7	8	0.95	-4.24	9.25
Other Non Operating Income (Expenses)	0.09	0.09	1.16	-	0	-
EBT Excluding Unusual Items	1,040	915.93	860.57	625.57	391.63	359.61
Impairment of Goodwill	0	-10.61	-	-	-	-
Gain (Loss) on Sale of Assets	-1.63	-1.63	2.41	1.14	-0.12	0.12
Asset Writedown	-154.69	-154.69	-16.01	-6.7	-180.31	-156
Other Unusual Items	17.23	-3.27	-17.42	-23.57	-17.77	-10.3
Pretax Income	902.94	747.54	830.12	601.96	194.77	193.43
Income Tax Expense	207.94	166.42	152.66	124.42	55.13	60.76
Earnings From Continuing Operations	695	581.13	677.47	477.54	139.64	132.67
Minority Interest in Earnings	-76.71	-69.6	-59	-48.97	-37.88	-32.3
Net Income	618.28	511.53	618.46	428.57	101.76	100.37
Preferred Dividends & Other Adjustments	26.95	29.03	33.44	58.79	62.02	59.38
Net Income to Common	591.34	482.5	585.03	369.78	39.75	40.99
Net Income Growth	-3.06%	-17.29%	44.31%	321.14%	1.39%	-51.63%
Shares Outstanding (Basic)	2,032	2,032	2,037	2,038	2,001	2,010
Shares Outstanding (Diluted)	2,037	2,036	2,041	2,042	2,005	2,014
Shares Change (YoY)	-0.05%	-0.25%	-0.06%	1.85%	-0.43%	-1.10%
EPS (Basic)	0.29	0.24	0.29	0.18	0.02	0.02
EPS (Diluted)	0.29	0.24	0.29	0.18	0.02	0.02
EPS Growth	-3.00%	-17.42%	58.56%	811.38%	-0.70%	-71.70%
Free Cash Flow	1,280	1,093	1,037	858.28	753.9	699.5
Free Cash Flow Per Share	0.63	0.54	0.51	0.42	0.38	0.35
Dividend Per Share	0.167	0.156	0.106	0.069	0.065	0.056
Dividend Growth	9.87%	47.17%	53.62%	6.15%	16.07%	12.00%
Gross Margin	71.22%	69.98%	69.34%	67.90%	65.68%	64.46%
Operating Margin	52.51%	50.79%	49.90%	47.91%	43.10%	40.40%
Profit Margin	23.24%	20.20%	26.08%	19.83%	2.64%	2.77%
Free Cash Flow Margin	50.28%	45.76%	46.24%	46.02%	50.08%	47.22%
EBITDA	1,543	1,422	1,315	1,078	828.36	784.52
EBITDA Margin	60.63%	59.54%	58.61%	57.78%	55.02%	52.96%
D&A For EBITDA	206.55	209.05	195.38	184.13	179.55	186
EBIT	1,336	1,213	1,119	893.44	648.81	598.52
EBIT Margin	52.51%	50.79%	49.90%	47.91%	43.10%	40.40%
Effective Tax Rate	23.03%	22.26%	18.39%	20.67%	28.30%	31.41%
Revenue as Reported	2,658	2,480	2,317	1,925	1,546	1,530

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