Merit Packaging Income Statement

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

Millions PKR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Revenue	3,323	5,281	6,638	6,341	4,182	2,903
Revenue Growth (YoY)	-43.53%	-20.45%	4.70%	51.63%	44.07%	34.48%
Cost of Revenue	3,526	5,319	6,188	5,854	3,934	2,957
Gross Profit	-202.24	-38.42	450.6	486.41	247.98	-54.74
Selling, General & Admin	303.98	328.65	237.71	191.07	165.78	132.99
Other Operating Expenses	-13.57	-12.16	-4.66	16.69	-10.46	25.87
Operating Expenses	290.41	316.5	233.04	207.76	155.33	158.85
Operating Income	-492.65	-354.92	217.56	278.65	92.65	-213.6
Interest Expense	-118.27	-180.89	-349.54	-343.39	-261.38	-323.76
Currency Exchange Gain (Loss)	6.26	6.26	-	-0.15	0.04	2.68
Other Non Operating Income (Expenses)	-2.17	-2.17	-2.19	-0.89	-1.78	-3.2
EBT Excluding Unusual Items	-606.83	-531.72	-134.17	-65.79	-170.47	-537.88
Gain (Loss) on Sale of Assets	504.01	-1.65	31.01	0.25	0.08	-7.9
Asset Writedown	-	-	-	-	-	-4.23
Pretax Income	-102.82	-533.37	-103.16	-65.54	-170.4	-544.72
Income Tax Expense	246.75	66.3	83.2	124.38	-2.23	20.26
Net Income	-349.57	-599.67	-186.36	-189.91	-168.17	-564.98
Net Income to Common	-349.57	-599.67	-186.36	-189.91	-168.17	-564.98
Shares Outstanding (Basic)	204	200	200	200	148	83
Shares Outstanding (Diluted)	204	200	200	200	148	83
Shares Change (YoY)	1.91%	-	-	34.93%	79.41%	2.44%
EPS (Basic)	-1.72	-3.00	-0.93	-0.95	-1.13	-6.84
EPS (Diluted)	-1.72	-3.00	-0.93	-0.95	-1.13	-6.84
Free Cash Flow	-109.08	-87.43	-157.76	240.4	-298.24	-171.99
Free Cash Flow Per Share	-0.54	-0.44	-0.79	1.20	-2.01	-2.08
Gross Margin	-6.08%	-0.73%	6.79%	7.67%	5.93%	-1.89%
Operating Margin	-14.82%	-6.72%	3.28%	4.40%	2.22%	-7.36%
Profit Margin	-10.52%	-11.36%	-2.81%	-3.00%	-4.02%	-19.46%
Free Cash Flow Margin	-3.28%	-1.66%	-2.38%	3.79%	-7.13%	-5.92%
EBITDA	-300.82	-135.62	452.96	468.23	285.09	-2.44
EBITDA Margin	-9.05%	-2.57%	6.82%	7.38%	6.82%	-0.08%
D&A For EBITDA	191.83	219.29	235.4	189.58	192.44	211.16
EBIT	-492.65	-354.92	217.56	278.65	92.65	-213.6
EBIT Margin	-14.82%	-6.72%	3.28%	4.40%	2.22%	-7.36%
Advertising Expenses	-	-	-	0.01	-	0.01

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