H&E Equipment Services Income Statement

Financials in millions PKR. Fiscal year is July - June.

Millions PKR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Revenue	33,205	22,835	19,890	13,074
Revenue Growth (YoY)	56.62%	14.80%	52.14%	-
Cost of Revenue	28,636	18,343	14,413	10,558
Gross Profit	4,570	4,492	5,478	2,516
Selling, General & Admin	1,314	873.22	691.7	361.09
Other Operating Expenses	-0.67	170.85	286.92	113.18
Operating Expenses	1,300	1,049	1,038	474.27
Operating Income	3,269	3,442	4,440	2,042
Interest Expense	-2,049	-1,702	-718.47	-141.7
Interest & Investment Income	-	-	-	6.07
Currency Exchange Gain (Loss)	82.84	82.84	-592.37	-440.27
Other Non Operating Income (Expenses)	3.04	3.04	50.82	18.06
EBT Excluding Unusual Items	1,306	1,826	3,180	1,484
Gain (Loss) on Sale of Assets	-68.72	-68.72	3.32	-
Other Unusual Items	3.76	3.76	-	-
Pretax Income	1,241	1,761	3,183	1,484
Income Tax Expense	2,303	2,464	1,296	57.22
Earnings From Continuing Operations	-1,061	-702.85	1,888	1,427
Minority Interest in Earnings	854.98	661.73	171.71	5.4
Net Income	-206.49	-41.12	2,059	1,432
Net Income to Common	-206.49	-41.12	2,059	1,432
Net Income Growth	-	-	43.77%	-
Shares Outstanding (Basic)	686	636	581	581
Shares Outstanding (Diluted)	686	636	581	581
Shares Change (YoY)	12.97%	9.39%	-	-
EPS (Basic)	-0.30	-0.06	3.54	2.46
EPS (Diluted)	-0.30	-0.06	3.54	2.46
EPS Growth	-	-	43.77%	-
Free Cash Flow	-6,637	-5,598	-10,361	-2,414
Free Cash Flow Per Share	-9.67	-8.80	-17.82	-4.15
Gross Margin	13.76%	19.67%	27.54%	19.25%
Operating Margin	9.84%	15.07%	22.32%	15.62%
Profit Margin	-0.62%	-0.18%	10.35%	10.96%
Free Cash Flow Margin	-19.99%	-24.52%	-52.09%	-18.47%
EBITDA	4,438	4,062	4,871	2,390
EBITDA Margin	13.36%	17.79%	24.49%	18.28%
D&A For EBITDA	1,169	619.74	430.7	347.8
EBIT	3,269	3,442	4,440	2,042
EBIT Margin	9.84%	15.07%	22.32%	15.62%
Effective Tax Rate	185.51%	139.90%	40.70%	3.85%
Advertising Expenses	-	14.85	1.85	3.11

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.