Prosperity Weaving Mills Limited (PSX: PRWM)

Prosperity Weaving Mills 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	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	18,746	18,746	14,655	12,861	8,151	6,019
Revenue Growth (YoY)	27.92%	27.92%	13.95%	57.79%	35.42%	-15.38%
Cost of Revenue	17,545	17,545	13,554	11,721	6,981	5,489
Gross Profit	1,201	1,201	1,101	1,139	1,169	529.56
Selling, General & Admin	565.16	565.16	512.12	348	254.7	199.4
Other Operating Expenses	35.96	35.96	36.89	90.19	60.24	19.24
Operating Expenses	601.12	601.12	549.01	438.19	314.94	218.63
Operating Income	599.66	599.66	551.7	701.2	854.51	310.92
Interest Expense	-383.46	-383.46	-218.65	-105.03	-75.97	-111.37
Interest & Investment Income	40.47	40.47	29.09	31.35	36.69	35.1
Currency Exchange Gain (Loss)	-5.85	-5.85	0.78	0.69	-0.02	-11.83
Other Non Operating Income (Expenses)	-25.35	-25.35	-20.24	-12.37	-13.07	-7.72
EBT Excluding Unusual Items	225.47	225.47	342.69	615.83	802.15	215.1
Gain (Loss) on Sale of Investments	0.59	0.59	0.2	5.09	4.21	24.39
Gain (Loss) on Sale of Assets	1.33	1.33	1.67	3.63	8.18	8.48
Pretax Income	227.39	227.39	344.56	624.55	814.54	247.97
Income Tax Expense	140.74	140.74	191.44	274.65	172.96	93.21
Net Income	86.65	86.65	153.13	349.9	641.58	154.76
Net Income to Common	86.65	86.65	153.13	349.9	641.58	154.76
Net Income Growth	-43.41%	-43.41%	-56.24%	-45.46%	314.57%	-26.32%
Shares Outstanding (Basic)	18	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18	18
EPS (Basic)	4.69	4.69	8.29	18.93	34.72	8.37
EPS (Diluted)	4.69	4.69	8.29	18.93	34.72	8.37
EPS Growth	-43.41%	-43.41%	-56.24%	-45.46%	314.57%	-26.32%
Free Cash Flow	225.22	225.22	-404.39	-1,136	-114.54	628.94
Free Cash Flow Per Share	12.19	12.19	-21.88	-61.45	-6.20	34.03
Dividend Per Share	2.500	2.500	3.000	5.000	10.000	-
Dividend Growth	-16.67%	-16.67%	-40.00%	-50.00%	-	-
Gross Margin	6.41%	6.41%	7.51%	8.86%	14.35%	8.80%
Operating Margin	3.20%	3.20%	3.76%	5.45%	10.48%	5.17%
Profit Margin	0.46%	0.46%	1.04%	2.72%	7.87%	2.57%
Free Cash Flow Margin	1.20%	1.20%	-2.76%	-8.83%	-1.41%	10.45%
EBITDA	930.42	930.42	806.11	935.14	1,078	521.7
EBITDA Margin	4.96%	4.96%	5.50%	7.27%	13.22%	8.67%
D&A For EBITDA	330.76	330.76	254.41	233.94	223.3	210.78
EBIT	599.66	599.66	551.7	701.2	854.51	310.92
EBIT Margin	3.20%	3.20%	3.76%	5.45%	10.48%	5.17%
Effective Tax Rate	61.89%	61.89%	55.56%	43.97%	21.23%	37.59%
Advertising Expenses	0.17	0.17	0.33	0.1	0.09	0.16

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