Waves Corporation Limited (PSX:WAVES)
Pakistan flag Pakistan · Delayed Price · Currency is PKR
10.69
-0.09 (-0.83%)
At close: May 8, 2026

Waves Corporation Income Statement

Millions PKR. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
4,7874,7793,9455,2069,93910,439
Revenue Growth (YoY)
17.62%21.16%-24.23%-47.62%-4.79%22.45%
Cost of Revenue
3,4493,4442,7313,8128,0478,169
Gross Profit
1,3381,3361,2131,3941,8922,270
Selling, General & Admin
925.68925.86971.321,0841,4741,565
Other Operating Expenses
-101.28-108.79-998.1-191.64-347.165.85
Operating Expenses
824.4817.07-26.78892.211,1271,631
Operating Income
513.23518.61,240501.66764.45638.56
Interest Expense
-30.06-5.34-7.21-255.04-422.45-682.49
Interest & Investment Income
1.811.812.034.091.380.17
Currency Exchange Gain (Loss)
-0.62-0.620.09-23.28-68.14-56.58
Other Non Operating Income (Expenses)
-630.68-630.68-691.89-10.46-13.52466.09
EBT Excluding Unusual Items
-146.31-116.22543.27216.97261.73365.75
Gain (Loss) on Sale of Assets
-49.4-49.479.9729.7414.846.54
Asset Writedown
638.03638.03460.690.17--
Other Unusual Items
---0.111.3736.81142.86
Pretax Income
442.32472.411,089248.25313.37515.14
Income Tax Expense
-93.95-58.052-8.5375.89187.25
Earnings From Continuing Operations
536.27530.461,087256.78237.48327.89
Minority Interest in Earnings
-98.49-93.86-40.99-30.09-1.08-9.27
Net Income
437.78436.61,046226.69236.4318.62
Net Income to Common
437.78436.61,046226.69236.4318.62
Net Income Growth
-63.05%-58.28%361.60%-4.11%-25.80%149.96%
Shares Outstanding (Basic)
280281281281281281
Shares Outstanding (Diluted)
280281281281281281
Shares Change (YoY)
-5.76%----50.00%
EPS (Basic)
1.561.553.720.810.841.13
EPS (Diluted)
1.561.553.720.810.841.13
EPS Growth
-60.79%-58.28%361.60%-4.11%-25.80%66.64%
Free Cash Flow
-150.61-163.47-862.3375.42766.66-961.33
Free Cash Flow Per Share
-0.54-0.58-3.060.272.72-3.42
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
861.52874.931,544855.381,082944.76
EBITDA Margin
18.00%18.31%39.14%16.43%10.88%9.05%
D&A For EBITDA
348.29356.33303.89353.72317.38306.2
EBIT
513.23518.61,240501.66764.45638.56
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
4,7874,7793,9455,2069,93910,439
Advertising Expenses
-2.472.69.6242.7663.45
Source: S&P Global Market Intelligence. Standard template. Financial Sources.