First Prudential Modaraba (PSX: PMI)

First Prudential Modaraba Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating Revenue	28.5	29.78	32.59	11.65	8.18	24.83
Other Revenue	171.43	179.69	126.95	60.88	34.16	43.9
Revenue	199.93	209.47	159.53	72.54	42.34	68.73
Revenue Growth (YoY)	12.82%	31.31%	119.92%	71.32%	-38.39%	-0.69%
Cost of Revenue	3.54	3.54	2.22	1.68	1.86	2.04
Gross Profit	196.38	205.93	157.31	70.86	40.48	66.69
Selling, General & Admin	72.66	67.58	71.13	40.73	29.63	29.86
Other Operating Expenses	-1.91	-1.49	-13.73	-4.24	0.12	-
Operating Expenses	103.24	98.49	55.64	39.99	29.9	62.86
Operating Income	93.15	107.44	101.67	30.88	10.58	3.83
Interest Expense	-35.36	-36.43	-31.73	-10.71	-0.67	-
Other Non Operating Income (Expenses)	-0.01	-0.01	-0.04	-0.04	-0.07	-0.12
EBT Excluding Unusual Items	57.78	70.99	69.9	20.12	9.83	3.71
Gain (Loss) on Sale of Assets	0.56	0.27	2.32	0.05	0.14	0.35
Asset Writedown	-	-	24.08	3.91	-0.6	-7.77
Pretax Income	58.34	71.26	96.29	24.08	9.38	-3.71
Income Tax Expense	14.39	9.57	-2.26	3.44	-	1.7
Net Income	43.95	61.7	98.55	20.64	9.38	-5.4
Net Income to Common	43.95	61.7	98.55	20.64	9.38	-5.4
Net Income Growth	-61.37%	-37.39%	377.48%	120.12%	-	-
Shares Outstanding (Basic)	129	129	129	129	87	87
Shares Outstanding (Diluted)	129	129	129	129	87	87
Shares Change (YoY)	-	-	-	48.35%	-	-
EPS (Basic)	0.34	0.48	0.76	0.16	0.11	-0.06
EPS (Diluted)	0.34	0.48	0.76	0.16	0.11	-0.06
EPS Growth	-61.37%	-37.39%	377.48%	48.37%	-	-
Free Cash Flow	265.26	183.2	-41.31	-349.53	110.16	150.35
Free Cash Flow Per Share	2.05	1.42	-0.32	-2.70	1.26	1.72
Dividend Per Share	0.300	0.300	0.300	0.170	0.080	-
Dividend Growth	0%	0%	76.47%	112.50%	-	-
Gross Margin	98.23%	98.31%	98.61%	97.69%	95.60%	97.04%
Operating Margin	46.59%	51.29%	63.73%	42.57%	24.99%	5.58%
Profit Margin	21.98%	29.45%	61.77%	28.45%	22.14%	-7.86%
Free Cash Flow Margin	132.68%	87.46%	-25.90%	-481.86%	260.17%	218.77%
EBITDA	112.41	127.08	123.17	37.51	15.07	25.85
EBITDA Margin	56.23%	60.67%	77.21%	51.71%	35.59%	37.61%
D&A For EBITDA	19.27	19.64	21.5	6.63	4.49	22.01
EBIT	93.15	107.44	101.67	30.88	10.58	3.83
EBIT Margin	46.59%	51.29%	63.73%	42.57%	24.99%	5.58%
Effective Tax Rate	24.66%	13.42%	-	14.29%	-	-
Revenue as Reported	189.86	199.27	223.82	83.61	45.52	49.61
Advertising Expenses	-	0.27	1.02	0.16	0.12	0.08

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