First Al-Noor Modaraba (PSX:FANM)

First Al-Noor Modaraba Income Statement

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Operating Revenue	-	-	-	-	0.86	1.62
Other Revenue	59.57	43.66	33.48	35.32	36.79	25.17
Revenue	59.57	43.66	33.48	35.32	37.65	26.79
Revenue Growth (YoY)	103.76%	30.41%	-5.20%	-6.20%	40.54%	-11.96%
Cost of Revenue	1.17	1.07	0.58	0.51	0.44	3.04
Gross Profit	58.4	42.59	32.9	34.8	37.21	23.75
Selling, General & Admin	37.28	35.43	32.39	27.12	26.51	25.76
Other Operating Expenses	0.17	-	-	-	-	-
Operating Expenses	37.45	35.43	32.39	27.12	26.51	25.76
Operating Income	20.95	7.16	0.51	7.68	10.7	-2.01
Interest Expense	-0	-	-	-	-	-
Interest & Investment Income	1.99	1.99	1.34	1.51	0.71	-
Earnings From Equity Investments	0.16	0.16	1.41	-0.15	0.85	2.49
Other Non Operating Income (Expenses)	0.31	0.62	1.35	-0.01	0.29	3.92
EBT Excluding Unusual Items	23.41	9.93	4.61	9.03	12.55	4.4
Gain (Loss) on Sale of Investments	-1.04	-4.56	-0.55	-5.42	-9.15	-2.74
Gain (Loss) on Sale of Assets	-	-	-	-	0.01	-
Pretax Income	22.36	5.37	4.07	3.6	3.42	1.65
Income Tax Expense	5.38	2.95	3.68	3.07	1.11	1
Net Income	16.98	2.41	0.39	0.53	2.31	0.65
Net Income to Common	16.98	2.41	0.39	0.53	2.31	0.65
Net Income Growth	-	518.57%	-27.02%	-76.82%	252.43%	-
Shares Outstanding (Basic)	23	23	23	23	23	23
Shares Outstanding (Diluted)	23	23	23	23	23	23
EPS (Basic)	0.73	0.10	0.02	0.02	0.10	0.03
EPS (Diluted)	0.73	0.10	0.02	0.02	0.10	0.03
EPS Growth	-	518.59%	-27.02%	-76.82%	252.43%	-
Free Cash Flow	49.4	39.21	68.15	-73.42	35.39	45.94
Free Cash Flow Per Share	2.13	1.70	2.95	-3.18	1.53	1.99
Gross Margin	98.04%	97.55%	98.27%	98.54%	98.84%	88.64%
Operating Margin	35.17%	16.40%	1.53%	21.75%	28.42%	-7.51%
Profit Margin	28.51%	5.53%	1.17%	1.51%	6.13%	2.44%
Free Cash Flow Margin	82.92%	89.81%	203.57%	-207.89%	93.99%	171.48%
EBITDA	21.47	7.73	1.28	8.46	11.89	-0.83
EBITDA Margin	36.04%	17.70%	3.82%	23.95%	31.57%	-3.09%
D&A For EBITDA	0.51	0.57	0.77	0.78	1.19	1.18
EBIT	20.95	7.16	0.51	7.68	10.7	-2.01
EBIT Margin	35.17%	16.40%	1.53%	21.75%	28.42%	-7.51%
Effective Tax Rate	24.07%	55.05%	90.41%	85.16%	32.49%	60.40%
Revenue as Reported	59.57	43.66	33.48	35.32	37.65	26.79
Advertising Expenses	-	0.04	0.02	0.06	0.04	0.04

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