Fatima Fertilizer Company Limited (PSX: FATIMA)

Fatima Fertilizer Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	244,995	235,423	159,745	112,488	71,267	74,964
Revenue Growth (YoY)	10.90%	47.37%	42.01%	57.84%	-4.93%	46.10%
Cost of Revenue	158,092	161,501	107,159	69,404	42,473	47,065
Gross Profit	86,903	73,922	52,586	43,084	28,795	27,899
Selling, General & Admin	22,417	18,552	14,009	8,949	7,259	6,579
Other Operating Expenses	8,050	4,365	4,542	2,193	1,346	1,207
Operating Expenses	30,467	22,918	18,552	11,142	8,605	7,786
Operating Income	56,436	51,005	34,034	31,943	20,189	20,113
Interest Expense	-2,613	-4,122	-2,852	-1,752	-3,076	-3,412
Interest & Investment Income	3,174	3,174	1,699	1,153	1,310	934.36
Earnings From Equity Investments	4.94	-1.4	-68.41	-0.35	26.8	24.69
Currency Exchange Gain (Loss)	-1,613	-1,613	-959.59	-6.21	-331.48	-273.24
Other Non Operating Income (Expenses)	3,116	-256.16	-638.25	-708.43	209.94	-259.75
EBT Excluding Unusual Items	58,506	48,186	31,215	30,629	18,330	17,127
Gain (Loss) on Sale of Investments	2,483	2,483	-828.33	-86.71	412.05	64.64
Gain (Loss) on Sale of Assets	-3.52	-3.52	-74.35	2.89	1.11	1.39
Asset Writedown	-1,770	-1,770	-	-2,360	-	-
Other Unusual Items	-	-	562.22	-	-	-
Pretax Income	59,215	48,896	30,874	28,185	18,743	17,193
Income Tax Expense	26,428	25,887	16,161	9,711	5,468	5,123
Net Income	32,788	23,008	14,714	18,474	13,275	12,070
Net Income to Common	32,788	23,008	14,714	18,474	13,275	12,070
Net Income Growth	94.07%	56.37%	-20.35%	39.17%	9.98%	1.31%
Shares Outstanding (Basic)	2,100	2,100	2,100	2,100	2,100	2,100
Shares Outstanding (Diluted)	2,100	2,100	2,100	2,100	2,100	2,100
EPS (Basic)	15.61	10.96	7.01	8.80	6.32	5.75
EPS (Diluted)	15.61	10.96	7.01	8.80	6.32	5.75
EPS Growth	94.07%	56.37%	-20.35%	39.17%	9.98%	1.31%
Free Cash Flow	6,646	49,224	-3,720	20,568	14,523	-3,849
Free Cash Flow Per Share	3.16	23.44	-1.77	9.79	6.92	-1.83
Dividend Per Share	5.500	4.500	3.500	3.500	2.500	2.000
Dividend Growth	4.76%	28.57%	0%	40.00%	25.00%	14.29%
Gross Margin	35.47%	31.40%	32.92%	38.30%	40.40%	37.22%
Operating Margin	23.04%	21.67%	21.31%	28.40%	28.33%	26.83%
Profit Margin	13.38%	9.77%	9.21%	16.42%	18.63%	16.10%
Free Cash Flow Margin	2.71%	20.91%	-2.33%	18.28%	20.38%	-5.14%
EBITDA	71,214	61,836	39,269	36,920	22,901	22,805
EBITDA Margin	29.07%	26.27%	24.58%	32.82%	32.13%	30.42%
D&A For EBITDA	14,778	10,832	5,235	4,978	2,711	2,692
EBIT	56,436	51,005	34,034	31,943	20,189	20,113
EBIT Margin	23.04%	21.66%	21.31%	28.40%	28.33%	26.83%
Effective Tax Rate	44.63%	52.94%	52.34%	34.45%	29.17%	29.80%
Advertising Expenses	-	1,223	914.23	481.97	372.69	350

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