First Tri-Star Modaraba (PSX: FTSM)

First Tri-Star 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
Revenue	34.83	34.83	42.6	28.04	39.36	26.76
Revenue Growth (YoY)	-18.24%	-18.24%	51.90%	-28.76%	47.12%	34.16%
Cost of Revenue	0.51	0.51	0.21	0.09	0.7	-
Gross Profit	34.32	34.32	42.39	27.96	38.66	26.76
Selling, General & Admin	32.63	32.63	36.6	28.68	25.08	24.95
Other Operating Expenses	0.01	0.01	0.39	0.01	0.2	0.03
Operating Expenses	32.64	32.64	36.99	28.69	25.28	24.99
Operating Income	1.68	1.68	5.4	-0.73	13.39	1.77
Interest Expense	-1.91	-1.91	-0	-0	-0	-0
Interest & Investment Income	0.02	0.02	0.01	0.02	0.01	0.01
Other Non Operating Income (Expenses)	0.72	0.72	0.1	0.24	0.1	0.5
EBT Excluding Unusual Items	0.51	0.51	5.51	-0.48	13.49	2.27
Gain (Loss) on Sale of Investments	-	-	-	1.24	-	-
Gain (Loss) on Sale of Assets	-	-	350.91	-	-	-
Pretax Income	0.51	0.51	356.42	0.76	13.49	2.27
Income Tax Expense	-1.15	-1.15	2.25	0.35	-	-
Net Income	1.66	1.66	354.17	0.41	13.49	2.27
Net Income to Common	1.66	1.66	354.17	0.41	13.49	2.27
Net Income Growth	-99.53%	-99.53%	86550.70%	-96.97%	493.14%	-
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21	21
EPS (Basic)	0.08	0.08	16.74	0.02	0.64	0.11
EPS (Diluted)	0.08	0.08	16.74	0.02	0.64	0.11
EPS Growth	-99.53%	-99.53%	86552.60%	-96.97%	493.14%	-
Free Cash Flow	89.87	89.87	5.31	-44	41.76	-7.41
Free Cash Flow Per Share	4.25	4.25	0.25	-2.08	1.97	-0.35
Dividend Per Share	4.000	4.000	4.000	-	0.600	0.100
Dividend Growth	0%	0%	-	-	500.00%	-
Gross Margin	98.54%	98.54%	99.50%	99.69%	98.22%	100.00%
Operating Margin	4.81%	4.81%	12.67%	-2.61%	34.01%	6.61%
Profit Margin	4.77%	4.77%	831.41%	1.46%	34.27%	8.50%
Free Cash Flow Margin	258.04%	258.04%	12.47%	-156.91%	106.09%	-27.69%
EBITDA	2.79	2.79	14.33	9.37	23.88	13.43
EBITDA Margin	8.01%	8.01%	33.64%	33.40%	60.68%	50.18%
D&A For EBITDA	1.11	1.11	8.93	10.1	10.5	11.66
EBIT	1.68	1.68	5.4	-0.73	13.39	1.77
EBIT Margin	4.81%	4.81%	12.67%	-2.61%	34.01%	6.61%
Effective Tax Rate	-	-	0.63%	46.17%	-	-
Advertising Expenses	0.2	0.2	0.68	0.16	0.29	0.45

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