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	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Operating Revenue	-	-	-	-	0.86	1.62
Other Revenue	46.36	43.66	33.48	35.32	36.79	25.17
Revenue	46.36	43.66	33.48	35.32	37.65	26.79
Revenue Growth (YoY)	37.33%	30.41%	-5.20%	-6.20%	40.54%	-11.96%
Cost of Revenue	1.07	1.07	0.58	0.51	0.44	3.04
Gross Profit	45.29	42.59	32.9	34.8	37.21	23.75
Selling, General & Admin	35.75	35.43	32.39	27.12	26.51	25.76
Other Operating Expenses	0.09	-	-	-	-	-
Operating Expenses	35.84	35.43	32.39	27.12	26.51	25.76
Operating Income	9.45	7.16	0.51	7.68	10.7	-2.01
Interest Expense	-0.02	-	-	-	-	-
Interest & Investment Income	1.92	1.99	1.34	1.51	0.71	-
Earnings From Equity Investments	1.15	0.16	1.41	-0.15	0.85	2.49
Other Non Operating Income (Expenses)	4.89	0.62	1.35	-0.01	0.29	3.92
EBT Excluding Unusual Items	17.39	9.93	4.61	9.03	12.55	4.4
Gain (Loss) on Sale of Investments	-4.01	-4.56	-0.55	-5.42	-9.15	-2.74
Gain (Loss) on Sale of Assets	-	-	-	-	0.01	-
Pretax Income	13.38	5.37	4.07	3.6	3.42	1.65
Income Tax Expense	4.28	2.95	3.68	3.07	1.11	1
Net Income	9.1	2.41	0.39	0.53	2.31	0.65
Net Income to Common	9.1	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)	0.39	0.10	0.02	0.02	0.10	0.03
EPS (Diluted)	0.39	0.10	0.02	0.02	0.10	0.03
EPS Growth	-	518.59%	-27.02%	-76.82%	252.43%	-
Free Cash Flow	-2.73	39.21	68.15	-73.42	35.39	45.94
Free Cash Flow Per Share	-0.12	1.70	2.95	-3.18	1.53	1.99
Gross Margin	97.69%	97.55%	98.27%	98.54%	98.84%	88.64%
Operating Margin	20.39%	16.40%	1.53%	21.75%	28.42%	-7.51%
Profit Margin	19.63%	5.53%	1.17%	1.51%	6.13%	2.44%
Free Cash Flow Margin	-5.88%	89.81%	203.57%	-207.89%	93.99%	171.48%
EBITDA	10.01	7.73	1.28	8.46	11.89	-0.83
EBITDA Margin	21.60%	17.70%	3.82%	23.95%	31.57%	-3.09%
D&A For EBITDA	0.56	0.57	0.77	0.78	1.19	1.18
EBIT	9.45	7.16	0.51	7.68	10.7	-2.01
EBIT Margin	20.39%	16.40%	1.53%	21.75%	28.42%	-7.51%
Effective Tax Rate	31.97%	55.05%	90.41%	85.16%	32.49%	60.40%
Revenue as Reported	46.36	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.