First National Equities Limited (PSX:FNEL)

First National Equities 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	Sep 30, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Interest and Dividend Income	2.88	2.88	2.96	3.34	1.13	9.65
Total Interest Expense	-5.87	-	0.82	1.03	4.75	6.58
Net Interest Income	8.75	2.88	2.14	2.31	-3.61	3.07
Brokerage Commission	0.37	5.68	30.96	17.31	57.17	96.01
Gain on Sale of Investments (Rev)	27.77	11.2	-10.44	-20.71	-60.95	76.34
Revenue	36.89	19.75	22.66	-1.09	-7.39	175.42
Revenue Growth (YoY)	56.13%	-12.83%	-	-	-	492.47%
Cost of Services Provided	26.55	41.77	73.42	91.88	83.37	122.63
Other Operating Expenses	45.7	42.27	-11.39	-2.91	-64.39	-60.45
Total Operating Expenses	72.25	84.04	62.03	88.96	18.99	62.18
Operating Income	-35.36	-64.29	-39.37	-90.05	-26.38	113.25
EBT Excluding Unusual Items	-36.75	-65.68	-41.93	-91.95	-26.17	112.65
Asset Writedown	-0.84	-0.84	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-8.36	-	181.12	178.49
Pretax Income	-42.46	-71.39	-50.26	-91.95	163.35	291.14
Income Tax Expense	6.95	7.29	1.21	-4.46	48.53	106.79
Net Income	-49.41	-78.68	-51.47	-87.49	114.82	184.36
Net Income to Common	-49.41	-78.68	-51.47	-87.49	114.82	184.36
Net Income Growth	-	-	-	-	-37.72%	61.89%
Shares Outstanding (Basic)	267	267	267	267	267	267
Shares Outstanding (Diluted)	267	267	267	267	267	267
Shares Change (YoY)	0.04%	-	-	-	-	-
EPS (Basic)	-0.18	-0.29	-0.19	-0.33	0.43	0.69
EPS (Diluted)	-0.18	-0.29	-0.19	-0.33	0.43	0.69
EPS Growth	-	-	-	-	-37.72%	61.89%
Free Cash Flow	-296.39	-245.93	-59.95	48.44	-65.01	57.11
Free Cash Flow Per Share	-1.11	-0.92	-0.22	0.18	-0.24	0.21
Operating Margin	-95.84%	-325.42%	-173.72%	-	-	64.56%
Profit Margin	-133.94%	-398.29%	-227.13%	-	-	105.09%
Free Cash Flow Margin	-803.43%	-1244.94%	-264.54%	-	-	32.55%
Effective Tax Rate	-	-	-	-	29.71%	36.68%
Revenue as Reported	31.02	19.75	23.48	-0.06	-2.65	182

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.