Pak Elektron Limited (PSX: PAEL)

Pak Elektron Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	49,394	38,685	52,386	42,887	28,799	22,350
Revenue Growth (YoY)	24.39%	-26.15%	22.15%	48.92%	28.86%	-21.43%
Cost of Revenue	35,459	27,581	42,085	33,820	22,398	19,021
Gross Profit	13,934	11,104	10,301	9,068	6,402	3,329
Selling, General & Admin	5,122	3,918	4,973	4,505	3,804	1,540
Other Operating Expenses	333.48	237.55	169.73	157.99	34.03	1.49
Operating Expenses	5,541	4,240	4,900	4,677	3,864	1,567
Operating Income	8,394	6,864	5,401	4,390	2,538	1,762
Interest Expense	-3,591	-3,523	-2,956	-1,818	-2,009	-1,379
Earnings From Equity Investments	0.7	0.18	-0.39	-0.91	-2.2	-2.81
Currency Exchange Gain (Loss)	51	51	48.58	-4.22	-10.8	-11.83
Other Non Operating Income (Expenses)	-125.26	-125.26	-134.3	-355.51	-189.53	-160.52
EBT Excluding Unusual Items	4,729	3,266	2,359	2,211	326.3	207.33
Gain (Loss) on Sale of Investments	22.46	22.46	-17.44	5.26	17.38	1.11
Gain (Loss) on Sale of Assets	15.24	15.24	7.21	19.69	12.27	2.89
Asset Writedown	-	-	-0.8	-	-	-
Other Unusual Items	-	-	-	-30.06	-	-
Pretax Income	4,767	3,304	2,348	2,206	355.94	211.34
Income Tax Expense	2,525	1,979	1,281	615.3	132.09	33.49
Net Income	2,241	1,325	1,067	1,591	223.85	177.84
Preferred Dividends & Other Adjustments	42.71	42.71	42.71	42.71	42.71	42.71
Net Income to Common	2,199	1,282	1,025	1,548	181.14	135.13
Net Income Growth	335.03%	24.13%	-32.91%	610.78%	25.87%	-87.03%
Shares Outstanding (Basic)	856	856	770	536	498	498
Shares Outstanding (Diluted)	856	856	770	536	498	498
Shares Change (YoY)	-0.06%	11.16%	43.71%	7.67%	-	-
EPS (Basic)	2.57	1.50	1.33	2.89	0.36	0.27
EPS (Diluted)	2.57	1.50	1.33	2.89	0.36	0.27
EPS Growth	365.60%	12.57%	-53.95%	693.92%	34.05%	-89.83%
Free Cash Flow	-1,310	6,890	-5,834	-3,453	-1,638	1,664
Free Cash Flow Per Share	-1.53	8.05	-7.58	-6.44	-3.29	3.34
Gross Margin	28.21%	28.70%	19.66%	21.14%	22.23%	14.89%
Operating Margin	16.99%	17.74%	10.31%	10.24%	8.81%	7.88%
Profit Margin	4.45%	3.31%	1.96%	3.61%	0.63%	0.60%
Free Cash Flow Margin	-2.65%	17.81%	-11.14%	-8.05%	-5.69%	7.44%
EBITDA	9,602	8,027	6,565	5,460	3,616	2,721
EBITDA Margin	19.44%	20.75%	12.53%	12.73%	12.56%	12.17%
D&A For EBITDA	1,209	1,164	1,163	1,070	1,078	959.12
EBIT	8,394	6,864	5,401	4,390	2,538	1,762
EBIT Margin	16.99%	17.74%	10.31%	10.24%	8.81%	7.88%
Effective Tax Rate	52.98%	59.89%	54.54%	27.89%	37.11%	15.85%
Revenue as Reported	49,394	38,685	52,386	42,887	28,799	22,350
Advertising Expenses	-	144.95	391.54	524.46	495	201.37

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