First Paramount Modaraba (PSX: FPRM)

First Paramount Modaraba 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	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Interest and Dividend Income	16.17	16.17	24.92	-	-	-
Total Interest Expense	21.5	21.5	18.33	14.1	11.92	15.59
Net Interest Income	-5.34	-5.34	6.58	-14.1	-11.92	-15.59
Other Revenue	88.98	88.98	37.79	306.79	108.35	185.69
Revenue Before Loan Losses	83.65	83.65	44.37	292.69	96.43	170.1
Provision for Loan Losses	0.16	0.16	-0.01	2.54	-0.06	0.34
Revenue	83.49	83.49	44.38	290.15	96.5	169.76
Revenue Growth (YoY)	88.12%	88.12%	-84.70%	200.68%	-43.16%	-18.01%
Salaries & Employee Benefits	0.83	0.83	0.24	0.31	0.16	0.13
Cost of Services Provided	46.58	46.58	35.86	279.38	92.79	164.02
Other Operating Expenses	0.67	0.67	0.19	0.07	0.1	0.06
Total Operating Expenses	51.82	51.82	37.93	279.76	93.05	164.21
Operating Income	31.67	31.67	6.45	10.4	3.45	5.56
EBT Excluding Unusual Items	39.87	39.87	11.65	15.11	7.7	6.5
Pretax Income	39.87	39.87	11.65	15.11	7.7	6.5
Income Tax Expense	11.5	11.5	5.11	5.15	-	-
Earnings From Continuing Ops.	28.37	28.37	6.54	9.96	7.7	6.5
Net Income to Company	28.37	28.37	6.54	9.96	7.7	6.5
Minority Interest in Earnings	0	0	-	-	-	-
Net Income	28.37	28.37	6.54	9.96	7.7	6.5
Net Income to Common	28.37	28.37	6.54	9.96	7.7	6.5
Net Income Growth	333.86%	333.86%	-34.31%	29.26%	18.56%	-46.24%
Shares Outstanding (Basic)	14	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14	14
EPS (Basic)	2.06	2.06	0.47	0.72	0.56	0.47
EPS (Diluted)	2.06	2.06	0.47	0.72	0.56	0.47
EPS Growth	333.86%	333.86%	-34.31%	29.26%	18.56%	-46.24%
Free Cash Flow	28.28	28.28	-5.45	0.08	34.61	76.34
Free Cash Flow Per Share	2.05	2.05	-0.39	0.01	2.51	5.54
Dividend Per Share	-	-	-	-	0.450	0.350
Dividend Growth	-	-	-	-	28.57%	-65.00%
Operating Margin	37.94%	37.94%	14.53%	3.58%	3.57%	3.27%
Profit Margin	33.99%	33.99%	14.74%	3.43%	7.98%	3.83%
Free Cash Flow Margin	33.87%	33.87%	-12.27%	0.03%	35.86%	44.97%
Effective Tax Rate	28.83%	28.83%	43.87%	34.10%	-	-
Revenue as Reported	105.15	105.15	62.71	-	-	-

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