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	Sep 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	21.47	21.5	18.33	14.1	11.92	15.59
Net Interest Income	-5.3	-5.34	6.58	-14.1	-11.92	-15.59
Other Revenue	72.68	88.98	37.79	306.79	108.35	185.69
Revenue Before Loan Losses	67.38	83.65	44.37	292.69	96.43	170.1
Provision for Loan Losses	-0.2	0.16	-0.01	2.54	-0.06	0.34
Revenue	67.59	83.49	44.38	290.15	96.5	169.76
Revenue Growth (YoY)	-55.55%	88.12%	-84.70%	200.68%	-43.16%	-18.01%
Salaries & Employee Benefits	0.71	0.83	0.24	0.31	0.16	0.13
Cost of Services Provided	36.52	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	41.64	51.82	37.93	279.76	93.05	164.21
Operating Income	25.95	31.67	6.45	10.4	3.45	5.56
EBT Excluding Unusual Items	34.15	39.87	11.65	15.11	7.7	6.5
Pretax Income	34.15	39.87	11.65	15.11	7.7	6.5
Income Tax Expense	9.84	11.5	5.11	5.15	-	-
Earnings From Continuing Ops.	24.31	28.37	6.54	9.96	7.7	6.5
Net Income to Company	24.31	28.37	6.54	9.96	7.7	6.5
Minority Interest in Earnings	0	0	-	-	-	-
Net Income	24.32	28.37	6.54	9.96	7.7	6.5
Net Income to Common	24.32	28.37	6.54	9.96	7.7	6.5
Net Income Growth	56.53%	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
Shares Change (YoY)	0.06%	-	-	-	-	-
EPS (Basic)	1.77	2.06	0.47	0.72	0.56	0.47
EPS (Diluted)	1.77	2.06	0.47	0.72	0.56	0.47
EPS Growth	56.43%	333.86%	-34.31%	29.26%	18.56%	-46.24%
Free Cash Flow	-1.81	28.28	-5.45	0.08	34.61	76.34
Free Cash Flow Per Share	-0.13	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	38.39%	37.94%	14.53%	3.58%	3.57%	3.27%
Profit Margin	35.97%	33.99%	14.74%	3.43%	7.98%	3.83%
Free Cash Flow Margin	-2.67%	33.87%	-12.27%	0.03%	35.86%	44.97%
Effective Tax Rate	28.80%	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.