AGP Limited Income Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Revenue	26,273	25,034	18,743	14,459	9,317	6,946	Upgrade
Revenue Growth (YoY)	22.21%	33.56%	29.63%	55.19%	34.12%	11.08%	Upgrade
Cost of Revenue	10,831	10,552	8,766	7,162	4,292	3,099	Upgrade
Gross Profit	15,442	14,481	9,977	7,297	5,024	3,848	Upgrade
Selling, General & Admin	7,437	7,175	5,561	4,173	2,405	1,618	Upgrade
Other Operating Expenses	276.32	265.87	130.24	154.01	149.47	150.51	Upgrade
Operating Expenses	7,713	7,441	5,692	4,327	2,554	1,768	Upgrade
Operating Income	7,729	7,040	4,285	2,969	2,470	2,080	Upgrade
Interest Expense	-2,296	-2,640	-1,597	-524.2	-197.48	-144.01	Upgrade
Interest & Investment Income	100.08	100.08	92.38	45.21	22.33	13.75	Upgrade
Currency Exchange Gain (Loss)	-35.89	-35.89	-143.7	-83.64	-7.73	-30.94	Upgrade
Other Non Operating Income (Expenses)	-61.28	-33.06	-11.12	16.5	18.76	8.36	Upgrade
EBT Excluding Unusual Items	5,436	4,431	2,626	2,423	2,306	1,927	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	0.42	-	-	Upgrade
Gain (Loss) on Sale of Assets	15.7	15.7	8.59	17.23	1.92	1.7	Upgrade
Asset Writedown	-	-	-	-	-	-1.73	Upgrade
Pretax Income	5,452	4,447	2,635	2,441	2,308	1,927	Upgrade
Income Tax Expense	1,901	1,486	811.41	736.12	461.78	339.25	Upgrade
Earnings From Continuing Operations	3,550	2,961	1,823	1,705	1,846	1,587	Upgrade
Minority Interest in Earnings	-428.32	-290.87	-257.99	-134.83	-98.79	-	Upgrade
Net Income	3,122	2,670	1,565	1,570	1,747	1,587	Upgrade
Net Income to Common	3,122	2,670	1,565	1,570	1,747	1,587	Upgrade
Net Income Growth	90.33%	70.58%	-0.31%	-10.14%	10.06%	9.75%	Upgrade
Shares Outstanding (Basic)	280	280	280	280	280	280	Upgrade
Shares Outstanding (Diluted)	280	280	280	280	280	280	Upgrade
Shares Change (YoY)	0.20%	-	-	-	-	-	Upgrade
EPS (Basic)	11.15	9.53	5.59	5.61	6.24	5.67	Upgrade
EPS (Diluted)	11.15	9.53	5.59	5.61	6.24	5.67	Upgrade
EPS Growth	89.95%	70.58%	-0.31%	-10.14%	10.06%	9.75%	Upgrade
Free Cash Flow	5,169	4,454	1,792	136.01	1,628	1,235	Upgrade
Free Cash Flow Per Share	18.45	15.91	6.40	0.49	5.81	4.41	Upgrade
Dividend Per Share	4.000	4.000	2.500	2.000	2.500	2.000	Upgrade
Dividend Growth	60.00%	60.00%	25.00%	-20.00%	25.00%	-38.46%	Upgrade
Gross Margin	58.78%	57.85%	53.23%	50.46%	53.93%	55.39%	Upgrade
Operating Margin	29.42%	28.12%	22.86%	20.54%	26.51%	29.94%	Upgrade
Profit Margin	11.88%	10.66%	8.35%	10.86%	18.75%	22.85%	Upgrade
Free Cash Flow Margin	19.67%	17.79%	9.56%	0.94%	17.47%	17.77%	Upgrade
EBITDA	8,097	7,396	4,588	3,208	2,638	2,217	Upgrade
EBITDA Margin	30.82%	29.55%	24.48%	22.19%	28.32%	31.92%	Upgrade
D&A For EBITDA	367.85	356.29	303.33	238.97	168.18	137.42	Upgrade
EBIT	7,729	7,040	4,285	2,969	2,470	2,080	Upgrade
EBIT Margin	29.42%	28.12%	22.86%	20.54%	26.51%	29.94%	Upgrade
Effective Tax Rate	34.88%	33.42%	30.80%	30.16%	20.01%	17.61%	Upgrade
Advertising Expenses	-	1,225	886.76	587.4	339.63	287.05	Upgrade

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.