Service Global Footwear Income Statement

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	19,935	17,468	15,071	11,753	7,040
Revenue Growth (YoY)	14.12%	15.90%	28.23%	66.94%	2.11%
Cost of Revenue	16,016	14,296	11,736	9,579	5,804
Gross Profit	3,919	3,172	3,335	2,174	1,236
Selling, General & Admin	2,911	2,405	1,900	1,432	980.15
Other Operating Expenses	-11.24	256.83	280.6	26.36	15.73
Operating Expenses	2,899	2,661	2,181	1,458	995.88
Operating Income	1,020	510.3	1,154	715.17	239.98
Interest Expense	-498.19	-594.41	-932.94	-426.37	-142.36
Interest & Investment Income	-	113.62	548.57	570.26	322.24
Earnings From Equity Investments	2,278	1,323	474.04	-224.07	8.2
Currency Exchange Gain (Loss)	-	167.21	182.8	88.28	176.2
Other Non Operating Income (Expenses)	-	-83.8	-76.26	-40.81	-41.69
EBT Excluding Unusual Items	2,800	1,436	1,350	682.46	562.57
Gain (Loss) on Sale of Investments	-	-	-	-	-1.05
Gain (Loss) on Sale of Assets	-	1.66	1.14	0.58	0.01
Other Unusual Items	-	-	-	-505.09	11.26
Pretax Income	2,800	1,438	1,351	687.95	572.78
Income Tax Expense	862.33	324.48	179.77	345.89	169.56
Net Income	1,937	1,113	1,171	342.06	403.22
Net Income to Common	1,937	1,113	1,171	342.06	403.22
Net Income Growth	74.02%	-4.96%	242.44%	-15.17%	-43.11%
Shares Outstanding (Basic)	206	206	205	205	192
Shares Outstanding (Diluted)	208	207	206	205	192
Shares Change (YoY)	0.35%	0.67%	0.08%	6.93%	123.46%
EPS (Basic)	9.39	5.40	5.70	1.67	2.10
EPS (Diluted)	9.33	5.38	5.70	1.67	2.10
EPS Growth	73.42%	-5.61%	241.32%	-20.48%	-74.53%
Free Cash Flow	-930.21	-796.26	-1,321	-2,714	128.86
Free Cash Flow Per Share	-4.48	-3.85	-6.43	-13.21	0.67
Dividend Per Share	2.000	4.000	5.000	3.500	2.000
Dividend Growth	-50.00%	-20.00%	42.86%	75.00%	-
Gross Margin	19.66%	18.16%	22.13%	18.49%	17.55%
Operating Margin	5.12%	2.92%	7.66%	6.08%	3.41%
Profit Margin	9.72%	6.37%	7.77%	2.91%	5.73%
Free Cash Flow Margin	-4.67%	-4.56%	-8.77%	-23.09%	1.83%
EBITDA	1,305	795.64	1,399	902.03	411.35
EBITDA Margin	6.55%	4.55%	9.29%	7.67%	5.84%
D&A For EBITDA	284.98	285.34	245.59	186.86	171.37
EBIT	1,020	510.3	1,154	715.17	239.98
EBIT Margin	5.12%	2.92%	7.66%	6.08%	3.41%
Effective Tax Rate	30.80%	22.57%	13.30%	50.28%	29.60%
Advertising Expenses	-	-	0.16	-	0.04

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.