Trust Modaraba Income Statement

Financials in millions PKR. Fiscal year is July - June.

Millions PKR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Operating Revenue	5.22	7.41	13.72	16.72	15.66	9.75
Other Revenue	57.16	62.19	59.16	21.51	5.52	26.34
Revenue	62.38	69.6	72.87	38.23	21.18	36.09
Revenue Growth (YoY)	-16.00%	-4.50%	90.62%	80.53%	-41.32%	18.17%
Cost of Revenue	47.2	47.28	38.3	37.16	43.34	36.34
Gross Profit	15.18	22.31	34.58	1.07	-22.17	-0.26
Selling, General & Admin	2.55	3.38	3.6	0.26	1.88	1.17
Other Operating Expenses	-2.02	0.4	0.38	-	-	-0.08
Operating Expenses	0.59	3.91	7.37	1.95	6.93	1.09
Operating Income	14.59	18.41	27.2	-0.87	-29.09	-1.34
Other Non Operating Income (Expenses)	0.83	0.83	1.72	1.42	8.52	6.23
EBT Excluding Unusual Items	15.42	19.24	28.92	0.54	-20.57	4.89
Gain (Loss) on Sale of Assets	4.06	4.06	-3.23	0.47	-3.67	1.19
Asset Writedown	-	-	-	-	-	1.87
Other Unusual Items	-	-	-	-	37.34	-
Pretax Income	19.48	23.3	25.7	1.01	13.09	7.95
Income Tax Expense	8.03	4.91	4.84	1.09	1.72	1.35
Net Income	11.46	18.39	20.85	-0.07	11.37	6.61
Net Income to Common	11.46	18.39	20.85	-0.07	11.37	6.61
Net Income Growth	-50.02%	-11.82%	-	-	72.03%	281.50%
Shares Outstanding (Basic)	30	30	30	30	30	30
Shares Outstanding (Diluted)	30	30	30	30	30	30
EPS (Basic)	0.39	0.62	0.70	-0.00	0.38	0.22
EPS (Diluted)	0.39	0.62	0.70	-0.00	0.38	0.22
EPS Growth	-49.85%	-11.82%	-	-	72.03%	281.50%
Free Cash Flow	4.12	-5.45	-14.99	-2.29	6.82	-8.4
Free Cash Flow Per Share	0.14	-0.18	-0.50	-0.08	0.23	-0.28
Dividend Per Share	-	-	0.500	-	-	-
Gross Margin	24.34%	32.06%	47.45%	2.80%	-104.67%	-0.71%
Operating Margin	23.39%	26.45%	37.33%	-2.29%	-137.37%	-3.72%
Profit Margin	18.37%	26.42%	28.62%	-0.19%	53.67%	18.31%
Free Cash Flow Margin	6.60%	-7.84%	-20.57%	-5.98%	32.21%	-23.27%
EBITDA	16.03	19.81	28.51	0.48	-28.54	-0.9
EBITDA Margin	25.69%	28.46%	39.13%	1.26%	-134.76%	-2.49%
D&A For EBITDA	1.44	1.4	1.31	1.36	0.55	0.44
EBIT	14.59	18.41	27.2	-0.87	-29.09	-1.34
EBIT Margin	23.39%	26.45%	37.33%	-2.29%	-137.37%	-3.72%
Effective Tax Rate	41.20%	21.07%	18.84%	107.21%	13.17%	16.93%
Revenue as Reported	-	-	-	-	-	45.46
Advertising Expenses	-	0.22	0.12	0.12	0.13	0.1

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