Faisal Spinning Mills Limited (PSX:FASM)

Faisal Spinning Mills Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	46,307	45,030	37,673	32,074	17,065	14,896
Revenue Growth (YoY)	1.97%	19.53%	17.46%	87.95%	14.57%	6.18%
Cost of Revenue	43,852	42,288	33,111	25,702	14,576	13,485
Gross Profit	2,455	2,741	4,562	6,372	2,489	1,410
Selling, General & Admin	1,846	1,991	2,029	1,587	738.37	556.18
Other Operating Expenses	496.3	487.06	498.28	318.22	138.1	41.76
Operating Expenses	2,342	2,478	2,528	1,905	876.48	597.94
Operating Income	112.84	263.16	2,034	4,467	1,612	812.34
Interest Expense	-1,127	-1,397	-1,071	-286.71	-227.59	-184.69
Interest & Investment Income	129.32	129.32	380.8	51.36	11.05	10.75
Earnings From Equity Investments	-85.62	-315.45	170.28	592.86	396.63	78.63
Currency Exchange Gain (Loss)	-	-	27.29	4.06	-0.33	1.4
Other Non Operating Income (Expenses)	-196.57	-209.6	-153.11	-107.83	-68.98	-31.03
EBT Excluding Unusual Items	-1,167	-1,529	1,388	4,721	1,723	687.41
Gain (Loss) on Sale of Investments	1.68	1.68	0.5	-	-	-
Gain (Loss) on Sale of Assets	6.84	6.84	1.83	4.29	817.23	2.97
Pretax Income	-1,158	-1,521	1,391	4,725	2,540	690.38
Income Tax Expense	-53.51	-136.84	-98.19	626.92	240.19	166.5
Net Income	-1,105	-1,384	1,489	4,098	2,300	523.88
Net Income to Common	-1,105	-1,384	1,489	4,098	2,300	523.88
Net Income Growth	-	-	-63.67%	78.17%	339.06%	-42.96%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
EPS (Basic)	-110.46	-138.38	148.89	409.82	230.01	52.39
EPS (Diluted)	-110.46	-138.38	148.89	409.82	230.01	52.39
EPS Growth	-	-	-63.67%	78.17%	339.06%	-42.96%
Free Cash Flow	-6,670	1,551	-8,711	880.59	-96.61	-5,016
Free Cash Flow Per Share	-666.93	155.08	-871.08	88.06	-9.66	-501.55
Dividend Per Share	-	-	11.500	21.450	21.450	15.000
Dividend Growth	-	-	-46.39%	-	43.00%	-18.92%
Gross Margin	5.30%	6.09%	12.11%	19.87%	14.58%	9.47%
Operating Margin	0.24%	0.58%	5.40%	13.93%	9.45%	5.45%
Profit Margin	-2.39%	-3.07%	3.95%	12.78%	13.48%	3.52%
Free Cash Flow Margin	-14.40%	3.44%	-23.12%	2.74%	-0.57%	-33.67%
EBITDA	983.88	1,150	2,948	5,310	2,036	1,135
EBITDA Margin	2.13%	2.55%	7.83%	16.55%	11.93%	7.62%
D&A For EBITDA	871.04	886.64	913.78	842.41	423.59	322.57
EBIT	112.84	263.16	2,034	4,467	1,612	812.34
EBIT Margin	0.24%	0.58%	5.40%	13.93%	9.45%	5.45%
Effective Tax Rate	-	-	-	13.27%	9.46%	24.12%
Advertising Expenses	-	98.72	102.04	20.39	17.06	14.45

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.