Thal Limited (PSX:THALL)

Thal Limited 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	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	32,430	29,406	33,128	39,817	29,636	17,356
Revenue Growth (YoY)	9.46%	-11.24%	-16.80%	34.35%	70.75%	-26.28%
Cost of Revenue	29,274	26,594	29,087	33,338	24,918	15,131
Gross Profit	3,155	2,812	4,042	6,479	4,718	2,226
Selling, General & Admin	3,044	2,812	2,611	2,365	2,003	1,679
Other Operating Expenses	-2,874	-2,230	-2,236	-2,023	-1,952	-1,630
Operating Expenses	169.18	582.47	374.52	341.85	61	95.43
Operating Income	2,986	2,229	3,667	6,137	4,657	2,130
Interest Expense	-1,002	-1,047	-629.57	-307.77	-145.62	-154.09
Interest & Investment Income	1,993	1,993	778.92	738.56	520.95	872.11
Earnings From Equity Investments	7,485	9,015	3,047	2,408	2,541	1,347
Currency Exchange Gain (Loss)	24.01	24.01	-571.04	-306.88	83.73	-24.84
Other Non Operating Income (Expenses)	39.21	39.21	25.53	21.87	-28.16	-18.59
EBT Excluding Unusual Items	11,526	12,252	6,318	8,691	7,629	4,152
Gain (Loss) on Sale of Investments	405.72	405.72	704.53	129.93	120.54	162.82
Gain (Loss) on Sale of Assets	35.45	35.45	79.92	16.43	48.73	11.45
Asset Writedown	-	-	-71.16	0.04	-156.12	-
Other Unusual Items	130.38	130.38	16.51	7.57	106.05	-
Pretax Income	12,097	12,824	7,054	8,852	7,780	4,327
Income Tax Expense	3,788	3,445	3,446	2,524	1,870	1,095
Earnings From Continuing Operations	8,309	9,379	3,608	6,328	5,910	3,232
Minority Interest in Earnings	-967.52	-865.87	-452.32	-517.65	-475.83	-344.98
Net Income	7,342	8,513	3,156	5,811	5,434	2,887
Net Income to Common	7,342	8,513	3,156	5,811	5,434	2,887
Net Income Growth	10.13%	169.77%	-45.69%	6.94%	88.23%	-19.39%
Shares Outstanding (Basic)	81	81	81	81	81	81
Shares Outstanding (Diluted)	81	81	81	81	81	81
EPS (Basic)	90.60	105.06	38.94	71.71	67.06	35.63
EPS (Diluted)	90.60	105.06	38.94	71.71	67.06	35.63
EPS Growth	10.12%	169.77%	-45.69%	6.94%	88.23%	-19.39%
Free Cash Flow	3,484	1,033	259.09	-584.82	1,177	870.89
Free Cash Flow Per Share	42.99	12.75	3.20	-7.22	14.52	10.75
Dividend Per Share	12.000	8.000	8.000	7.500	10.000	5.000
Dividend Growth	50.00%	-	6.67%	-25.00%	100.00%	-37.50%
Gross Margin	9.73%	9.56%	12.20%	16.27%	15.92%	12.83%
Operating Margin	9.21%	7.58%	11.07%	15.41%	15.71%	12.28%
Profit Margin	22.64%	28.95%	9.53%	14.59%	18.34%	16.63%
Free Cash Flow Margin	10.74%	3.51%	0.78%	-1.47%	3.97%	5.02%
EBITDA	4,173	3,266	4,462	7,296	5,661	3,010
EBITDA Margin	12.87%	11.11%	13.47%	18.32%	19.10%	17.34%
D&A For EBITDA	1,187	1,037	794.35	1,159	1,004	879.19
EBIT	2,986	2,229	3,667	6,137	4,657	2,130
EBIT Margin	9.21%	7.58%	11.07%	15.41%	15.71%	12.28%
Effective Tax Rate	31.31%	26.87%	48.86%	28.51%	24.04%	25.31%
Advertising Expenses	-	15.46	5.33	16.47	9.92	9.59

Source: S&P Global Market Intelligence. Standard template. Financial Sources.