Intermarket Securities Limited (PSX:IMS)

Intermarket Securities Income Statement

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

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec 31, 2024	Dec 31, 2023
Interest and Dividend Income	122.12	64.65
Total Interest Expense	134.13	74.95
Net Interest Income	-12.01	-10.3
Brokerage Commission	854.95	383.54
Underwriting & Investment Banking Fee	19.14	6.89
Gain on Sale of Investments (Rev)	230.41	166.44
Other Revenue	10.21	15.08
Revenue	1,103	561.65
Revenue Growth (YoY)	96.33%	-
Cost of Services Provided	609.94	344.28
Other Operating Expenses	55.78	10.38
Total Operating Expenses	665.72	354.67
Operating Income	436.98	206.98
Other Non-Operating Income (Expenses)	86.68	17.77
EBT Excluding Unusual Items	523.65	224.76
Asset Writedown	-5.69	-
Other Unusual Items	25.74	-
Pretax Income	543.82	224.79
Income Tax Expense	61.57	21.49
Net Income	482.25	203.29
Net Income to Common	482.25	203.29
Net Income Growth	137.22%	-
Shares Outstanding (Basic)	119	109
Shares Outstanding (Diluted)	119	109
Shares Change (YoY)	9.20%	-
EPS (Basic)	4.06	1.87
EPS (Diluted)	4.06	1.87
EPS Growth	117.22%	-
Free Cash Flow	454.75	-115.68
Free Cash Flow Per Share	3.83	-1.06
Operating Margin	39.63%	36.85%
Profit Margin	43.73%	36.20%
Free Cash Flow Margin	41.24%	-20.60%
Effective Tax Rate	11.32%	9.56%
Revenue as Reported	1,237	636.6

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