Fauji Fertilizer Company Limited (PSX:FFC)

Fauji Fertilizer Company Income Statement

Financials in millions PKR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	424,639	411,254	181,382	125,678	114,345	102,744
Revenue Growth (YoY)	108.15%	126.73%	44.32%	9.91%	11.29%	-6.44%
Cost of Revenue	273,914	267,560	104,551	75,995	72,994	68,306
Gross Profit	150,725	143,695	76,832	49,683	41,352	34,438
Selling, General & Admin	33,915	31,936	13,807	11,226	9,098	8,263
Other Operating Expenses	11,748	12,655	8,561	3,047	2,962	2,648
Operating Expenses	45,663	44,591	22,369	14,273	12,060	10,911
Operating Income	105,062	99,104	54,463	35,410	29,292	23,527
Interest Expense	-7,782	-7,499	-5,950	-5,497	-2,589	-2,326
Interest & Investment Income	12,131	12,131	11,559	4,085	3,632	3,998
Earnings From Equity Investments	21,319	23,723	11,237	12,440	10,155	8,297
Currency Exchange Gain (Loss)	-263.89	-263.89	885.35	766.11	234.45	72.55
Other Non Operating Income (Expenses)	631.06	-528.66	-4,168	-2,688	-2,554	-666.76
EBT Excluding Unusual Items	131,096	126,666	68,025	44,517	38,170	32,902
Gain (Loss) on Sale of Investments	13,329	13,329	3,290	6,055	1,995	698.09
Gain (Loss) on Sale of Assets	594.59	594.59	95.05	62.13	34.93	40.8
Other Unusual Items	-	-	-	-	9,709	5,927
Pretax Income	145,019	140,590	71,410	50,634	49,909	39,567
Income Tax Expense	54,532	55,064	23,958	16,263	10,045	9,816
Earnings From Continuing Operations	90,487	85,525	47,452	34,371	39,865	29,751
Net Income to Company	90,487	85,525	47,452	34,371	39,865	29,751
Minority Interest in Earnings	-1,267	-1,146	-941.09	-625.47	4.61	-
Net Income	89,220	84,379	46,511	33,745	39,869	29,751
Net Income to Common	89,220	84,379	46,511	33,745	39,869	29,751
Net Income Growth	75.58%	81.42%	37.83%	-15.36%	34.01%	71.64%
Shares Outstanding (Basic)	1,459	1,423	1,272	1,272	1,272	1,272
Shares Outstanding (Diluted)	1,459	1,423	1,272	1,272	1,272	1,272
Shares Change (YoY)	14.66%	11.86%	-	-	-	-
EPS (Basic)	61.15	59.29	36.56	26.52	31.34	23.38
EPS (Diluted)	61.15	59.29	36.56	26.52	31.34	23.38
EPS Growth	53.13%	62.19%	37.83%	-15.36%	34.01%	71.64%
Free Cash Flow	48,341	101,345	56,318	1,181	19,546	34,859
Free Cash Flow Per Share	33.13	71.21	44.27	0.93	15.36	27.40
Dividend Per Share	38.000	36.500	15.490	12.130	14.500	11.200
Dividend Growth	127.14%	135.64%	27.70%	-16.35%	29.46%	3.70%
Gross Margin	35.49%	34.94%	42.36%	39.53%	36.16%	33.52%
Operating Margin	24.74%	24.10%	30.03%	28.18%	25.62%	22.90%
Profit Margin	21.01%	20.52%	25.64%	26.85%	34.87%	28.96%
Free Cash Flow Margin	11.38%	24.64%	31.05%	0.94%	17.09%	33.93%
EBITDA	108,442	102,682	56,960	39,345	32,755	26,671
EBITDA Margin	25.54%	24.97%	31.40%	31.31%	28.65%	25.96%
D&A For EBITDA	3,380	3,578	2,497	3,934	3,464	3,144
EBIT	105,062	99,104	54,463	35,410	29,292	23,527
EBIT Margin	24.74%	24.10%	30.03%	28.18%	25.62%	22.90%
Effective Tax Rate	37.60%	39.17%	33.55%	32.12%	20.13%	24.81%

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