Air Link Communication (AIRLINK) Q4 2024 earnings summary

Executive summary

• FY24 consolidated revenue rose 251.28% YoY to PKR 129.74bn; net profit reached PKR 4.63bn and EPS PKR 11.70.

• Results reflected stronger demand, expanded market reach, and improved local assembly as import restrictions eased.

Financial highlights

• Consolidated revenue PKR 129.742bn vs PKR 36.934bn; gross profit PKR 9.806bn vs PKR 3.535bn.

• Operating profit PKR 8.493bn vs PKR 2.440bn; profit before tax PKR 5.603bn vs PKR 868.0m.

• Net profit PKR 4.625bn vs PKR 960.5m; EPS PKR 11.70 vs PKR 2.50.

• Operating cash flow was negative PKR 2.824bn vs positive PKR 2.686bn; investing cash outflow was PKR 2.711bn.

• Standalone revenue was PKR 56.282bn and net profit PKR 3.059bn; standalone EPS PKR 7.74.

Outlook and guidance

• Focus areas for the next year include operational efficiency, expanded local manufacturing, and a broader product base; the Board expects further profitability and expansion.

• Xiaomi TV and Acer Gadgets partnerships are expected to support growth; an IMIKI MOU targets smart wearable manufacturing in Pakistan.