Pakistan Tobacco Company Limited (PSX: PAKT)

Pakistan Tobacco Company 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	123,773	109,933	94,862	74,988	60,891	51,975
Revenue Growth (YoY)	25.50%	15.89%	26.50%	23.15%	17.15%	-2.14%
Cost of Revenue	63,946	48,242	46,980	36,183	27,906	23,076
Gross Profit	59,828	61,691	47,883	38,804	32,984	28,899
Selling, General & Admin	13,379	12,602	9,735	8,989	8,373	7,446
Other Operating Expenses	3,880	4,244	4,747	4,201	2,321	3,467
Operating Expenses	17,259	16,846	14,482	13,190	10,695	10,913
Operating Income	42,568	44,846	33,401	25,615	22,290	17,986
Interest Expense	-726.18	-617.95	-328.77	-310.98	-241.96	-202.55
Interest & Investment Income	7,720	7,184	2,274	981.4	782.87	812.57
Currency Exchange Gain (Loss)	-1,169	-1,505	-720.14	-153.46	-244.44	-445.16
EBT Excluding Unusual Items	48,393	49,907	34,626	26,132	22,586	18,151
Gain (Loss) on Sale of Assets	133.16	106.14	108.4	81.74	-198.34	134.39
Asset Writedown	-0.26	-0.26	-0.89	-6.4	-	-
Pretax Income	48,526	50,012	34,734	26,207	22,388	18,285
Income Tax Expense	20,588	21,053	13,413	7,345	5,895	5,396
Net Income	27,937	28,960	21,321	18,862	16,492	12,889
Net Income to Common	27,937	28,960	21,321	18,862	16,492	12,889
Net Income Growth	9.67%	35.83%	13.04%	14.37%	27.96%	24.68%
Shares Outstanding (Basic)	255	255	255	255	255	255
Shares Outstanding (Diluted)	255	255	255	255	255	255
Shares Change (YoY)	-0.00%	-	-	-	-	-
EPS (Basic)	109.35	113.35	83.45	73.83	64.55	50.45
EPS (Diluted)	109.35	113.35	83.45	73.83	64.55	50.45
EPS Growth	9.67%	35.83%	13.04%	14.37%	27.96%	24.68%
Free Cash Flow	10,611	11,016	22,395	16,552	18,014	5,833
Free Cash Flow Per Share	41.53	43.12	87.65	64.78	70.51	22.83
Dividend Per Share	95.000	32.000	20.000	80.000	63.000	49.000
Dividend Growth	196.88%	60.00%	-75.00%	26.98%	28.57%	25.64%
Gross Margin	48.34%	56.12%	50.48%	51.75%	54.17%	55.60%
Operating Margin	34.39%	40.79%	35.21%	34.16%	36.61%	34.60%
Profit Margin	22.57%	26.34%	22.48%	25.15%	27.09%	24.80%
Free Cash Flow Margin	8.57%	10.02%	23.61%	22.07%	29.58%	11.22%
EBITDA	44,038	46,099	34,789	26,630	23,190	18,810
EBITDA Margin	35.58%	41.93%	36.67%	35.51%	38.09%	36.19%
D&A For EBITDA	1,469	1,253	1,388	1,015	900.44	823.89
EBIT	42,568	44,846	33,401	25,615	22,290	17,986
EBIT Margin	34.39%	40.79%	35.21%	34.16%	36.61%	34.60%
Effective Tax Rate	42.43%	42.09%	38.62%	28.03%	26.33%	29.51%
Revenue as Reported	123,773	109,933	94,862	74,988	60,891	51,975

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