SME Leasing Limited (PSX: SLL)

SME Leasing Income Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	11.4	20.87	21.3	21.58	26.47
Total Interest Expense	35.74	23.53	18.37	21.45	22.33
Net Interest Income	-24.34	-2.66	2.93	0.14	4.14
Other Revenue	0.01	0.03	0.05	0.07	0.09
Revenue Before Loan Losses	-24.32	-2.62	2.98	0.2	4.23
Provision for Loan Losses	3.21	-53.02	-20.07	14.06	-4.73
Revenue	-27.53	50.4	23.05	-13.85	8.96
Revenue Growth (YoY)	-	118.64%	-	-	-60.32%
Cost of Services Provided	42.91	48.92	44.09	43.68	44.23
Other Operating Expenses	0.06	0.08	0.12	0.12	0.13
Total Operating Expenses	42.97	49	44.21	43.8	44.37
Operating Income	-70.5	1.4	-21.15	-57.66	-35.41
EBT Excluding Unusual Items	-69.57	1.4	-21.15	-57.66	-35.39
Pretax Income	-69.21	1.49	-21.11	-57.35	-35.38
Income Tax Expense	0.14	0.26	-7.71	0.32	0.31
Net Income	-69.35	1.23	-13.4	-57.68	-35.69
Net Income to Common	-69.35	1.23	-13.4	-57.68	-35.69
Shares Outstanding (Basic)	32	32	32	32	32
Shares Outstanding (Diluted)	32	32	32	32	32
EPS (Basic)	-2.17	0.04	-0.42	-1.80	-1.12
EPS (Diluted)	-2.17	0.04	-0.42	-1.80	-1.12
Free Cash Flow	-3.41	-1.08	15.06	0.15	-2.11
Free Cash Flow Per Share	-0.11	-0.03	0.47	0.00	-0.07
Operating Margin	-	2.77%	-91.77%	-	-395.20%
Profit Margin	-	2.44%	-58.13%	-	-398.41%
Free Cash Flow Margin	-	-2.15%	65.32%	-	-23.51%
Effective Tax Rate	-	17.59%	-	-	-
Revenue as Reported	12.71	21	21.39	21.95	26.58

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