Security Investment Bank Limited (PSX: SIBL)

Security Investment Bank 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
Interest and Dividend Income	116	80.52	46.4	27.46	23.59	59.57
Net Interest Income	116	80.52	46.4	27.46	23.59	59.57
Gain (Loss) on Sale of Investments	52.35	44.29	1.59	47.04	16.45	5.07
Other Revenue	0.4	0.4	0.58	0.45	0.61	0.26
Revenue Before Loan Losses	168.75	125.21	48.57	74.94	40.64	64.91
Revenue	168.75	125.21	48.57	74.94	40.64	64.91
Revenue Growth (YoY)	113.99%	157.80%	-35.19%	84.40%	-37.38%	0.24%
Salaries & Employee Benefits	23.22	23.22	20.14	21.22	18.49	17.88
Cost of Services Provided	24.48	12.99	11.04	10.94	11.34	11.5
Other Operating Expenses	-0.79	-0.9	-0.8	-0.74	-0.67	-8.12
Total Operating Expenses	48.75	37.15	32.25	33.54	31.43	23.7
Operating Income	120	88.06	16.32	41.41	9.21	41.21
EBT Excluding Unusual Items	120.05	88.11	16.28	41.39	9.2	41.2
Gain (Loss) on Sale of Investments	20.4	33.69	-68.22	-12.28	80.95	13.34
Pretax Income	140.51	121.86	-51.93	29.19	90.16	54.73
Income Tax Expense	51.19	42.09	-18.87	4.11	12.85	11.16
Earnings From Continuing Ops.	89.32	79.77	-33.07	25.09	77.31	43.57
Earnings From Discontinued Ops.	-	-	-	-	-	-1.23
Net Income	89.32	79.77	-33.07	25.09	77.31	42.34
Net Income to Common	89.32	79.77	-33.07	25.09	77.31	42.34
Net Income Growth	36.76%	-	-	-67.55%	82.59%	149.18%
Shares Outstanding (Basic)	59	59	59	59	59	59
Shares Outstanding (Diluted)	59	59	59	59	59	59
Shares Change (YoY)	-1.06%	-	-	-	-	-
EPS (Basic)	1.53	1.35	-0.56	0.42	1.31	0.72
EPS (Diluted)	1.53	1.35	-0.56	0.42	1.31	0.72
EPS Growth	38.22%	-	-	-67.55%	82.59%	149.18%
Free Cash Flow	20.78	91.63	-58.14	-16.01	-5.9	198.1
Free Cash Flow Per Share	0.35	1.55	-0.98	-0.27	-0.10	3.35
Dividend Per Share	0.435	0.435	-	-	-	-
Operating Margin	71.11%	70.33%	33.60%	55.25%	22.66%	63.49%
Profit Margin	52.93%	63.71%	-68.08%	33.48%	190.21%	65.23%
Free Cash Flow Margin	12.31%	73.17%	-119.69%	-21.37%	-14.51%	305.21%
Effective Tax Rate	36.43%	34.54%	-	14.06%	14.26%	20.40%
Revenue as Reported	169.68	126.26	49.37	75.77	41.32	73.22

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