First Elite Capital Modaraba (PSX:FECM)

PSX:FECM Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Operating Revenue	-	-	0.15	0.14	5.9
Other Revenue	40.77	38.14	33.79	35.78	41.45
Revenue	40.77	38.14	33.94	35.91	47.36
Revenue Growth (YoY)	6.87%	12.40%	-5.51%	-24.16%	23.43%
Cost of Revenue	0.42	0.68	0.45	0.6	0.58
Gross Profit	40.35	37.47	33.49	35.31	46.78
Selling, General & Admin	19.17	20.16	16.57	16.5	15.23
Other Operating Expenses	0.2	-	-	-	-
Operating Expenses	45.76	43.85	39.81	42.15	42.26
Operating Income	-5.41	-6.39	-6.32	-6.83	4.52
Interest Expense	-0.02	-0.01	-0.01	-0.02	-0.01
EBT Excluding Unusual Items	-5.43	-6.4	-6.32	-6.85	4.51
Gain (Loss) on Sale of Assets	0.22	0.26	0.07	0.2	0.87
Asset Writedown	11.1	30.92	-	-	-
Pretax Income	5.89	24.78	-6.26	-6.65	5.38
Income Tax Expense	1.19	1.14	0.81	0.57	1.12
Net Income	4.7	23.64	-7.06	-7.22	4.26
Net Income to Common	4.7	23.64	-7.06	-7.22	4.26
Net Income Growth	-80.14%	-	-	-	-
Shares Outstanding (Basic)	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11
EPS (Basic)	0.41	2.08	-0.62	-0.64	0.38
EPS (Diluted)	0.41	2.08	-0.62	-0.64	0.38
EPS Growth	-80.14%	-	-	-	-
Free Cash Flow	2.24	3.7	3.92	3.89	-8.92
Free Cash Flow Per Share	0.20	0.33	0.34	0.34	-0.79
Dividend Per Share	-	-	-	-	0.300
Gross Margin	98.98%	98.23%	98.69%	98.33%	98.78%
Operating Margin	-13.28%	-16.74%	-18.61%	-19.03%	9.54%
Profit Margin	11.52%	61.98%	-20.81%	-20.11%	9.00%
Free Cash Flow Margin	5.50%	9.71%	11.54%	10.83%	-18.83%
EBITDA	-5.2	-6.13	-6.07	-6.52	5.05
EBITDA Margin	-12.76%	-16.07%	-17.89%	-18.15%	10.66%
D&A For EBITDA	0.21	0.26	0.24	0.32	0.53
EBIT	-5.41	-6.39	-6.32	-6.83	4.52
EBIT Margin	-13.28%	-16.74%	-18.61%	-19.03%	9.54%
Effective Tax Rate	20.26%	4.59%	-	-	20.76%
Revenue as Reported	52.32	69.32	34	36.11	48.22
Advertising Expenses	0.02	0.02	0.02	0.04	0.01

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.