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	59.41	62.19	59.16	21.51	5.52	26.34
Revenue	64.64	69.6	72.87	38.23	21.18	36.09
Revenue Growth (YoY)	-12.33%	-4.50%	90.62%	80.53%	-41.32%	18.17%
Cost of Revenue	47.34	47.41	41.19	38.85	43.34	36.34
Gross Profit	17.3	22.19	31.68	-0.62	-22.17	-0.26
Selling, General & Admin	2.48	3.38	3.6	0.26	1.88	1.17
Other Operating Expenses	-2.03	0.4	0.38	-	-	-0.08
Operating Expenses	0.46	3.78	4.48	0.26	6.93	1.09
Operating Income	16.84	18.41	27.2	-0.87	-29.09	-1.34
Other Non Operating Income (Expenses)	-1.42	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	-48.52%	-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)	0.38	0.62	0.70	-0.00	0.38	0.22
EPS (Diluted)	0.38	0.62	0.70	-0.00	0.38	0.22
EPS Growth	-48.52%	-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	26.77%	31.88%	43.48%	-1.61%	-104.67%	-0.71%
Operating Margin	26.06%	26.45%	37.33%	-2.29%	-137.37%	-3.72%
Profit Margin	17.72%	26.42%	28.62%	-0.19%	53.67%	18.31%
Free Cash Flow Margin	6.37%	-7.84%	-20.57%	-5.98%	32.21%	-23.27%
EBITDA	18.35	19.81	28.51	0.48	-28.54	-0.9
EBITDA Margin	28.38%	28.46%	39.13%	1.26%	-134.76%	-2.49%
D&A For EBITDA	1.5	1.4	1.31	1.36	0.55	0.44
EBIT	16.84	18.41	27.2	-0.87	-29.09	-1.34
EBIT Margin	26.06%	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.