Fauji Fertilizer Company Limited (PSX: FFC)

Fauji Fertilizer Company Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	411,254	181,382	125,678	114,345	102,744
Revenue Growth (YoY)	126.73%	44.32%	9.91%	11.29%	-6.44%
Cost of Revenue	267,509	104,551	75,995	72,994	68,306
Gross Profit	143,745	76,832	49,683	41,352	34,438
Selling, General & Admin	31,986	13,807	11,226	9,098	8,263
Other Operating Expenses	12,655	5,445	3,047	2,962	2,648
Operating Expenses	44,641	19,252	14,273	12,060	10,911
Operating Income	99,104	57,580	35,410	29,292	23,527
Interest Expense	-7,853	-5,950	-5,497	-2,589	-2,326
Interest & Investment Income	-	11,559	4,085	3,632	3,998
Earnings From Equity Investments	23,723	11,237	12,440	10,155	8,297
Currency Exchange Gain (Loss)	-	885.35	766.11	234.45	72.55
Other Non Operating Income (Expenses)	25,615	-4,168	-2,688	-2,554	-666.76
EBT Excluding Unusual Items	140,590	71,142	44,517	38,170	32,902
Gain (Loss) on Sale of Investments	-	3,290	6,055	1,995	698.09
Gain (Loss) on Sale of Assets	-	95.05	62.13	34.93	40.8
Other Unusual Items	-	-	-	9,709	5,927
Pretax Income	140,590	74,527	50,634	49,909	39,567
Income Tax Expense	55,064	27,075	16,263	10,045	9,816
Earnings From Continuing Operations	85,525	47,452	34,371	39,865	29,751
Net Income to Company	85,525	47,452	34,371	39,865	29,751
Minority Interest in Earnings	-1,146	-941.09	-625.47	4.61	-
Net Income	84,379	46,511	33,745	39,869	29,751
Net Income to Common	84,379	46,511	33,745	39,869	29,751
Net Income Growth	81.42%	37.83%	-15.36%	34.01%	71.63%
Shares Outstanding (Basic)	1,404	1,272	1,272	1,272	1,272
Shares Outstanding (Diluted)	1,404	1,272	1,272	1,272	1,272
Shares Change (YoY)	10.36%	-	-	-	-
EPS (Basic)	60.10	36.56	26.52	31.34	23.38
EPS (Diluted)	60.10	36.56	26.52	31.34	23.38
EPS Growth	64.39%	37.83%	-15.36%	34.01%	71.63%
Free Cash Flow	101,345	56,318	1,181	19,546	34,859
Free Cash Flow Per Share	72.18	44.27	0.93	15.36	27.40
Dividend Per Share	36.500	15.490	12.130	14.500	11.200
Dividend Growth	135.64%	27.70%	-16.34%	29.46%	3.70%
Gross Margin	34.95%	42.36%	39.53%	36.16%	33.52%
Operating Margin	24.10%	31.74%	28.18%	25.62%	22.90%
Profit Margin	20.52%	25.64%	26.85%	34.87%	28.96%
Free Cash Flow Margin	24.64%	31.05%	0.94%	17.09%	33.93%
EBITDA	103,668	61,691	39,345	32,755	26,671
EBITDA Margin	25.21%	34.01%	31.31%	28.65%	25.96%
D&A For EBITDA	4,565	4,111	3,934	3,464	3,144
EBIT	99,104	57,580	35,410	29,292	23,527
EBIT Margin	24.10%	31.74%	28.18%	25.62%	22.90%
Effective Tax Rate	39.17%	36.33%	32.12%	20.13%	24.81%

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