Waves Corporation Limited (PSX:WAVES)
10.69
-0.09 (-0.83%)
At close: May 8, 2026
Waves Corporation Income Statement
Financials in millions PKR. Fiscal year is January - December.
Millions PKR. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 4,787 | 4,779 | 3,945 | 5,206 | 9,939 | 10,439 | |
Revenue Growth (YoY) | 17.62% | 21.16% | -24.23% | -47.62% | -4.79% | 22.45% |
Cost of Revenue | 3,449 | 3,444 | 2,731 | 3,812 | 8,047 | 8,169 |
Gross Profit | 1,338 | 1,336 | 1,213 | 1,394 | 1,892 | 2,270 |
Selling, General & Admin | 925.68 | 925.86 | 971.32 | 1,084 | 1,474 | 1,565 |
Other Operating Expenses | -101.28 | -108.79 | -998.1 | -191.64 | -347.1 | 65.85 |
Operating Expenses | 824.4 | 817.07 | -26.78 | 892.21 | 1,127 | 1,631 |
Operating Income | 513.23 | 518.6 | 1,240 | 501.66 | 764.45 | 638.56 |
Interest Expense | -30.06 | -5.34 | -7.21 | -255.04 | -422.45 | -682.49 |
Interest & Investment Income | 1.81 | 1.81 | 2.03 | 4.09 | 1.38 | 0.17 |
Currency Exchange Gain (Loss) | -0.62 | -0.62 | 0.09 | -23.28 | -68.14 | -56.58 |
Other Non Operating Income (Expenses) | -630.68 | -630.68 | -691.89 | -10.46 | -13.52 | 466.09 |
EBT Excluding Unusual Items | -146.31 | -116.22 | 543.27 | 216.97 | 261.73 | 365.75 |
Gain (Loss) on Sale of Assets | -49.4 | -49.4 | 79.97 | 29.74 | 14.84 | 6.54 |
Asset Writedown | 638.03 | 638.03 | 460.69 | 0.17 | - | - |
Other Unusual Items | - | - | -0.11 | 1.37 | 36.81 | 142.86 |
Pretax Income | 442.32 | 472.41 | 1,089 | 248.25 | 313.37 | 515.14 |
Income Tax Expense | -93.95 | -58.05 | 2 | -8.53 | 75.89 | 187.25 |
Earnings From Continuing Operations | 536.27 | 530.46 | 1,087 | 256.78 | 237.48 | 327.89 |
Minority Interest in Earnings | -98.49 | -93.86 | -40.99 | -30.09 | -1.08 | -9.27 |
Net Income | 437.78 | 436.6 | 1,046 | 226.69 | 236.4 | 318.62 |
Net Income to Common | 437.78 | 436.6 | 1,046 | 226.69 | 236.4 | 318.62 |
Net Income Growth | -63.05% | -58.28% | 361.60% | -4.11% | -25.80% | 149.96% |
Shares Outstanding (Basic) | 280 | 281 | 281 | 281 | 281 | 281 |
Shares Outstanding (Diluted) | 280 | 281 | 281 | 281 | 281 | 281 |
Shares Change (YoY) | -5.76% | - | - | - | - | 50.00% |
EPS (Basic) | 1.56 | 1.55 | 3.72 | 0.81 | 0.84 | 1.13 |
EPS (Diluted) | 1.56 | 1.55 | 3.72 | 0.81 | 0.84 | 1.13 |
EPS Growth | -60.79% | -58.28% | 361.60% | -4.11% | -25.80% | 66.64% |
Free Cash Flow | -150.61 | -163.47 | -862.33 | 75.42 | 766.66 | -961.33 |
Free Cash Flow Per Share | -0.54 | -0.58 | -3.06 | 0.27 | 2.72 | -3.42 |
Gross Margin | 27.95% | 27.95% | 30.76% | 26.77% | 19.03% | 21.74% |
Operating Margin | 10.72% | 10.85% | 31.44% | 9.64% | 7.69% | 6.12% |
Profit Margin | 9.15% | 9.13% | 26.53% | 4.35% | 2.38% | 3.05% |
Free Cash Flow Margin | -3.15% | -3.42% | -21.86% | 1.45% | 7.71% | -9.21% |
EBITDA | 861.52 | 874.93 | 1,544 | 855.38 | 1,082 | 944.76 |
EBITDA Margin | 18.00% | 18.31% | 39.14% | 16.43% | 10.88% | 9.05% |
D&A For EBITDA | 348.29 | 356.33 | 303.89 | 353.72 | 317.38 | 306.2 |
EBIT | 513.23 | 518.6 | 1,240 | 501.66 | 764.45 | 638.56 |
EBIT Margin | 10.72% | 10.85% | 31.44% | 9.64% | 7.69% | 6.12% |
Effective Tax Rate | - | - | 0.18% | - | 24.22% | 36.35% |
Revenue as Reported | 4,787 | 4,779 | 3,945 | 5,206 | 9,939 | 10,439 |
Advertising Expenses | - | 2.47 | 2.6 | 9.62 | 42.76 | 63.45 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.