First Prudential Modaraba (PSX:WASL)

First Prudential Modaraba 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	Mar 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating Revenue	26.81	29.78	32.59	11.65	8.18	24.83
Other Revenue	139.1	179.69	126.95	60.88	34.16	43.9
Revenue	165.91	209.47	159.53	72.54	42.34	68.73
Revenue Growth (YoY)	-14.75%	31.30%	119.92%	71.32%	-38.39%	-0.69%
Cost of Revenue	3.54	3.54	2.22	1.68	1.86	2.04
Gross Profit	162.37	205.93	157.31	70.86	40.48	66.69
Selling, General & Admin	71.82	67.58	71.13	40.73	29.63	29.86
Other Operating Expenses	-0.4	-1.49	-13.73	-4.24	0.12	-
Operating Expenses	103.52	98.49	55.64	39.99	29.9	62.86
Operating Income	58.85	107.44	101.67	30.88	10.58	3.83
Interest Expense	-29.74	-36.43	-31.73	-10.71	-0.67	-
Other Non Operating Income (Expenses)	-0.01	-0.01	-0.04	-0.04	-0.07	-0.12
EBT Excluding Unusual Items	29.09	70.99	69.9	20.12	9.83	3.71
Gain (Loss) on Sale of Assets	0.27	0.27	2.32	0.05	0.14	0.35
Asset Writedown	-	-	24.08	3.91	-0.6	-7.77
Pretax Income	29.36	71.26	96.29	24.08	9.38	-3.71
Income Tax Expense	10.92	9.57	-2.26	3.44	-	1.7
Net Income	18.44	61.7	98.55	20.64	9.38	-5.4
Net Income to Common	18.44	61.7	98.55	20.64	9.38	-5.4
Net Income Growth	-82.85%	-37.39%	377.48%	120.12%	-	-
Shares Outstanding (Basic)	129	129	129	129	87	87
Shares Outstanding (Diluted)	129	129	129	129	87	87
Shares Change (YoY)	-	-	-	48.35%	-	-
EPS (Basic)	0.14	0.48	0.76	0.16	0.11	-0.06
EPS (Diluted)	0.14	0.48	0.76	0.16	0.11	-0.06
EPS Growth	-82.85%	-37.39%	377.48%	48.37%	-	-
Free Cash Flow	198.52	183.2	-41.31	-349.53	110.16	150.35
Free Cash Flow Per Share	1.53	1.42	-0.32	-2.70	1.26	1.72
Dividend Per Share	0.300	0.300	0.300	0.170	0.080	-
Dividend Growth	-	-	76.47%	112.50%	-	-
Gross Margin	97.86%	98.31%	98.61%	97.69%	95.60%	97.04%
Operating Margin	35.47%	51.29%	63.73%	42.56%	24.99%	5.58%
Profit Margin	11.11%	29.45%	61.77%	28.45%	22.14%	-7.86%
Free Cash Flow Margin	119.65%	87.46%	-25.90%	-481.86%	260.17%	218.77%
EBITDA	77.69	127.08	123.17	37.51	15.07	25.85
EBITDA Margin	46.83%	60.67%	77.21%	51.71%	35.59%	37.61%
D&A For EBITDA	18.84	19.64	21.5	6.63	4.49	22.01
EBIT	58.85	107.44	101.67	30.88	10.58	3.83
EBIT Margin	35.47%	51.29%	63.73%	42.56%	24.99%	5.58%
Effective Tax Rate	37.20%	13.42%	-	14.29%	-	-
Revenue as Reported	153.75	199.27	223.82	83.61	45.52	49.61
Advertising Expenses	-	0.27	1.02	0.16	0.12	0.08

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