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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	105.38	80.52	46.4	27.46	23.59	59.57
Net Interest Income	105.38	80.52	46.4	27.46	23.59	59.57
Gain (Loss) on Sale of Investments	59.26	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	165.04	125.21	48.57	74.94	40.64	64.91
Revenue	165.04	125.21	48.57	74.94	40.64	64.91
Revenue Growth (YoY)	178.29%	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	17.62	12.99	11.04	10.94	11.34	11.5
Other Operating Expenses	-0.87	-0.9	-0.8	-0.74	-0.67	-8.12
Total Operating Expenses	41.81	37.15	32.25	33.54	31.43	23.7
Operating Income	123.23	88.06	16.32	41.41	9.21	41.21
EBT Excluding Unusual Items	123.28	88.11	16.28	41.39	9.2	41.2
Gain (Loss) on Sale of Investments	28.73	33.69	-68.22	-12.28	80.95	13.34
Pretax Income	152.07	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.	100.89	79.77	-33.07	25.09	77.31	43.57
Earnings From Discontinued Ops.	-	-	-	-	-	-1.23
Net Income	100.89	79.77	-33.07	25.09	77.31	42.34
Net Income to Common	100.89	79.77	-33.07	25.09	77.31	42.34
Net Income Growth	128.01%	-	-	-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)	0.61%	-	-	-	-	-
EPS (Basic)	1.71	1.35	-0.56	0.42	1.31	0.72
EPS (Diluted)	1.71	1.35	-0.56	0.42	1.31	0.72
EPS Growth	126.63%	-	-	-67.55%	82.59%	149.18%
Free Cash Flow	55.04	91.63	-58.14	-16.01	-5.9	198.1
Free Cash Flow Per Share	0.93	1.55	-0.98	-0.27	-0.10	3.35
Dividend Per Share	0.435	0.435	-	-	-	-
Operating Margin	74.66%	70.33%	33.60%	55.25%	22.66%	63.49%
Profit Margin	61.13%	63.71%	-68.08%	33.48%	190.21%	65.23%
Free Cash Flow Margin	33.35%	73.17%	-119.69%	-21.37%	-14.51%	305.21%
Effective Tax Rate	33.66%	34.54%	-	14.06%	14.26%	20.40%
Revenue as Reported	166.05	126.26	49.37	75.77	41.32	73.22

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