FPJM Income Statement - TTM - First Punjab Modaraba

Income Statement (TTM)

First Punjab Modaraba Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31
Revenue	200	164	151	173	182	85	94	102	138	212	235	264	310	354	376	403	375	335
Change (%)		-18.23	-7.56	14.72	4.74	-53.06	9.68	8.91	35.78	53.04	11.13	12.18	17.38	14.12	6.33	7.29	-7.14	-10.55
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	2	2	2	2	2	2	3	1	1	3	3	3	4	4	4	4	4	4
Change (%)		-5.64	6.60	25.03	2.71	-23.67	88.79	-55.40	0.00	128.73	-22.61	1.97	46.20	-4.36	15.82	0.00	-12.69	4.56
% of Revenue	0.89	1.02	1.18	1.29	1.26	2.05	3.53	1.45	1.06	1.59	1.11	1.01	1.25	1.05	1.14	1.07	1.00	1.17

Gross Operating Profit	198	162	149	171	179	84	90	100	137	208	233	261	306	350	372	399	371	331
Change (%)		-18.34	-7.70	14.60	4.77	-53.44	8.02	11.27	36.31	52.23	11.68	12.29	17.09	14.36	6.23	7.37	-7.08	-10.70
% of Revenue	99.11	98.98	98.82	98.71	98.74	97.95	96.47	98.55	98.94	98.41	98.89	98.99	98.75	98.95	98.86	98.93	99.00	98.83

SG&A	50	51	55	46	62	14	8	12	20	85	83	71	67	75	84	88	99	111
Change (%)		2.59	7.26	-16.48	35.01	-77.92	-40.17	48.61	62.93	330.12	-2.69	-14.63	-5.76	11.97	13.07	4.28	12.69	11.84
% of Revenue	24.90	31.24	36.24	26.39	34.01	16.00	8.73	11.91	14.29	40.15	35.16	26.76	21.48	21.08	22.41	21.79	26.44	33.06

R&D
Change (%)
% of Revenue

OpEx	53	55	58	50	67	27	24	24	31	92	90	83	80	87	93	97	110	122
Change (%)		4.35	6.53	-14.47	33.87	-59.23	-12.03	-0.99	32.15	193.36	-2.69	-7.04	-3.42	8.78	6.65	3.88	13.58	10.63
% of Revenue	26.27	33.52	38.63	28.80	36.81	31.97	25.64	23.31	22.69	43.48	38.08	31.55	25.96	24.74	24.82	24.03	29.39	36.35

Operating Income	148	109	93	124	115	58	70	78	107	120	146	181	229	266	283	306	264	213
Change (%)		-26.27	-14.66	33.10	-7.04	-49.47	19.88	12.33	36.89	11.87	21.77	24.00	26.97	15.99	6.23	8.41	-13.69	-19.36
% of Revenue	73.73	66.48	61.37	71.20	63.19	68.03	74.36	76.69	77.31	56.52	61.92	68.45	74.04	75.26	75.18	75.97	70.61	63.65

Interest Expense	-185	-159	-145	-119	-116	-55	-113	-84	-123	-220	-206	-302	-358	-377	-374	-370	-370	-369
Change (%)		-13.80	-9.00	-17.90	-2.79	-52.26	104.54	-25.52	46.24	79.13	-6.35	46.04	18.74	5.34	-0.79	-1.01	-0.02	-0.27
% of Revenue	-92.42	-97.42	-95.90	-68.63	-63.69	-64.78	-120.81	-82.61	-88.97	-104.14	-87.76	-114.25	-115.57	-106.68	-99.54	-91.84	-98.89	-110.25

Net Income	-48	-54	-38	15	20	3	8	-23	-29	-90	-100	-86	-112	-110	-86	-53	-94	-160
Change (%)		11.92	-28.72	-139.08	34.52	-85.31	185.36	-366.63	29.64	206.08	11.22	-13.41	29.32	-1.73	-21.88	-38.70	79.74	69.93
% of Revenue	-24.08	-32.95	-25.41	8.66	11.12	3.48	9.05	-22.16	-21.15	-42.31	-42.34	-32.68	-36.01	-31.01	-22.78	-13.02	-25.19	-47.86

Source: Capital IQ

First Punjab Modaraba - Income Statement (TTM)

Income Statement (TTM)