Last close · 16 Oct 2026
Rs 5.94 -1.82%
Annual · FY2020 – FY2025
Blue-Ex Limited (BLUEX) income statement
Blue-Ex Limited reported revenue of Rs 1.3 bn for FY2025 (Jul 2024 – Jun 2025), down 0.8% on FY2024. Gross profit came to Rs 515.7 mn, a gross margin of 38.4%. Operating profit was Rs 177.8 mn (an operating margin of 13.2%). Finance cost was Rs 41.1 mn, up 19.9% on FY2024. Tax of Rs 41.2 mn took 29.2% of pre-tax profit. Profit attributable to shareholders was Rs 99.9 mn, up 15.7% on FY2024, or Rs 0.36 per share.
| Rs mn | FY2025 Jul 2024 – Jun 2025 | FY2024 * Jul 2023 – Jun 2024 | FY2023 * Jul 2022 – Jun 2023 | FY2022 * Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 |
|---|---|---|---|---|---|---|
| Revenue | 1,342.7 | 1,353.2 | 249.8 | 150.9 | 157.5 | 69.1 |
| Cost of revenue | (827.0) | (909.5) | — | — | — | — |
| Gross profit | 515.7 | 443.7 | 249.8 | 150.9 | 157.5 | 69.1 |
| Selling, general & administrative expenses | (337.8) | (317.7) | (174.2) | (136.2) | (110.5) | (86.0) |
| Operating profit | 177.8 | 126.0 | 75.6 | 14.7 | 47.0 | (17.0) |
| Finance cost | (41.1) | (34.3) | (5.6) | (7.3) | (12.1) | (10.3) |
| Profit before tax | 141.1 | 108.7 | 186.2 | 23.7 | 38.1 | 11.9 |
| Taxation | (41.2) | (22.4) | (19.8) | (7.8) | (4.9) | (9.9) |
| Profit after tax | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| Profit attributable to shareholders | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| Per share & other | ||||||
| EPS – basic (Rs) Rs | 0.36 | 0.31 | 0.61 | 0.06 | 0.16 | 3.51 |
| EPS – diluted (Rs) Rs | 0.36 | 0.31 | 0.61 | 0.06 | 0.16 | 3.51 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 246.8 | 185.4 | 125.1 | 59.0 | 79.6 | (4.6) |
| Depreciation & amortisation | 68.9 | 59.4 | 49.5 | 44.3 | 32.6 | 12.3 |
| Weighted average shares mn | 274.3 | 274.3 | 274.3 | 246.9 | 205.7 | 0.6 |
| Rs mn | FY2025 Jul 2024 – Jun 2025 | FY2024 * Jul 2023 – Jun 2024 | FY2023 * Jul 2022 – Jun 2023 | FY2022 * Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 |
|---|---|---|---|---|---|---|
| Revenue | -0.8% | +441.8% | +65.6% | -4.2% | +128.0% | — |
| Cost of revenue | -9.1% | — | — | — | — | — |
| Gross profit | +16.2% | +77.6% | +65.6% | -4.2% | +128.0% | — |
| Selling, general & administrative expenses | +6.3% | +82.4% | +27.9% | +23.2% | +28.5% | — |
| Operating profit | +41.2% | +66.6% | +415.5% | -68.8% | — | — |
| Finance cost | +19.9% | +511.4% | -23.4% | -39.7% | +18.3% | — |
| Profit before tax | +29.8% | -41.6% | +684.1% | -37.7% | +221.2% | — |
| Taxation | +84.2% | +12.9% | +154.1% | +59.7% | -50.4% | — |
| Profit after tax | +15.7% | -48.1% | +943.3% | -52.0% | +1,554.8% | — |
| Profit attributable to shareholders | +15.7% | -48.1% | +943.3% | -52.0% | +1,554.8% | — |
| Per share & other | ||||||
| EPS – basic (Rs) | +15.7% | -48.1% | +838.9% | -60.0% | -95.4% | — |
| EPS – diluted (Rs) | +15.7% | -48.1% | +838.9% | -60.0% | -95.4% | — |
| Dividend per share (Rs) | — | — | — | — | — | — |
| EBITDA | +33.1% | +48.2% | +112.1% | -25.8% | — | — |
| Depreciation & amortisation | +16.0% | +20.0% | +11.7% | +36.0% | +164.9% | — |
| Weighted average shares | — | — | — | — | — | — |
Change against the previous fiscal year; shown when the earlier figure is positive.
| Rs mn | FY2025 Jul 2024 – Jun 2025 | FY2024 * Jul 2023 – Jun 2024 | FY2023 * Jul 2022 – Jun 2023 | FY2022 * Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 |
|---|---|---|---|---|---|---|
| Revenue | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Cost of revenue | (61.6%) | (67.2%) | — | — | — | — |
| Gross profit | 38.4% | 32.8% | 100.0% | 100.0% | 100.0% | 100.0% |
| Selling, general & administrative expenses | (25.2%) | (23.5%) | (69.7%) | (90.3%) | (70.2%) | (124.5%) |
| Operating profit | 13.2% | 9.3% | 30.3% | 9.7% | 29.8% | (24.5%) |
| Finance cost | (3.1%) | (2.5%) | (2.2%) | (4.9%) | (7.7%) | (14.9%) |
| Profit before tax | 10.5% | 8.0% | 74.5% | 15.7% | 24.2% | 17.2% |
| Taxation | (3.1%) | (1.7%) | (7.9%) | (5.2%) | (3.1%) | (14.3%) |
| Profit after tax | 7.4% | 6.4% | 66.6% | 10.6% | 21.1% | 2.9% |
| Profit attributable to shareholders | 7.4% | 6.4% | 66.6% | 10.6% | 21.1% | 2.9% |
| Per share & other | ||||||
| EBITDA | 18.4% | 13.7% | 50.1% | 39.1% | 50.5% | (6.7%) |
| Depreciation & amortisation | 5.1% | 4.4% | 19.8% | 29.4% | 20.7% | 17.8% |
Each line as a percentage of revenue.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 103
| Rs mn | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 |
|---|---|---|---|---|---|---|
| Revenue from Goods & Services | 1,281.2 | 1,285.3 | 246.7 | 149.9 | 155.7 | 68.2 |
| Sales of Goods & Services - Net - Unclassified | 1,281.2 | 1,285.3 | 246.7 | 149.9 | 155.7 | 68.2 |
| Revenue from Business-Related Activities - Other - Total | 61.6 | 67.9 | 3.1 | 1.0 | 1.7 | 0.9 |
| Revenue from Business Activities - Total | 1,342.7 | 1,353.2 | 249.8 | 150.9 | 157.5 | 69.1 |
| Cost of Operating Revenue | 827.0 | 909.5 | — | — | — | — |
| Cost of Revenues - Total | 827.0 | 909.5 | — | — | — | — |
| Cost of Revenues - Unclassified | 820.7 | 908.9 | — | — | — | — |
| Selling, General & Administrative Expenses - Total | 337.8 | 317.7 | 174.2 | 136.2 | 110.5 | 86.0 |
| Selling, General & Administrative Expenses - Unclassified | 297.6 | 282.2 | 144.9 | 93.2 | 77.9 | 73.7 |
| Depreciation in Cost of Revenues | 6.3 | 0.6 | — | — | — | — |
| Depreciation in Selling, General & Administrative Expenses | 31.3 | 31.4 | 25.4 | 43.0 | 32.6 | 10.6 |
| Amortization of Intangibles in Selling, General & Administrative Expenses | 7.0 | 4.1 | 3.8 | — | 0.0 | 1.7 |
| Gross Profit - Industrials/Property - Total | 515.7 | 443.7 | 249.8 | 150.9 | 157.5 | 69.1 |
| Operating Expenses - Total | 1,164.9 | 1,227.2 | 174.2 | 136.2 | 110.5 | 86.0 |
| Selling, General & Administrative Expenses - Other - Total | 1.9 | — | — | — | — | — |
| Operating Profit before Non-Recurring Income/(Expense) | 177.8 | 126.0 | 75.6 | 14.7 | 47.0 | (17.0) |
| Financing Income/(Expense) - Net - Total | (36.4) | (9.5) | 23.2 | (7.8) | (12.5) | (10.7) |
| Interest Expense - Net of (Interest Income) | 34.7 | 20.3 | (12.0) | 7.3 | 12.1 | 10.3 |
| Interest Expense - Net of Capitalized Interest | 41.1 | 34.3 | 5.6 | 7.3 | 12.1 | 10.3 |
| Provision for Doubtful Accounts & Write-off | 1.9 | — | — | — | — | — |
| Non-Interest Financial Income/(Expense) - Total | (1.7) | 10.8 | 11.2 | (0.5) | (0.4) | (0.5) |
| Non-Interest Financial Income/(Expense) - Other - Net | (3.9) | (4.2) | (0.7) | (0.5) | (0.4) | (0.5) |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | 0.0 | 1.3 | (3.9) | — | — | — |
| Other Non-Operating Income/(Expense) - Total | (0.3) | (7.9) | — | 16.9 | 3.7 | 39.6 |
| Foreign Exchange Gain/(Loss) - Non-Business | 0.2 | 7.0 | — | — | — | — |
| Normalized Pre-tax Profit | 141.1 | 109.8 | 94.9 | 23.7 | 38.1 | 11.9 |
| Non-Recurring Income/Expense - Total | — | (1.1) | 91.3 | — | — | — |
| Impairment - Tangible & Intangible Fixed Assets | — | 1.1 | — | — | — | — |
| Impairment - Fixed Assets | — | 1.1 | — | — | — | — |
| Interest Income - Non-Bank | 6.4 | 13.9 | 17.6 | — | — | — |
| Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) | 2.0 | 8.0 | 11.9 | — | — | — |
| Recognition of Negative Goodwill | — | — | 91.3 | — | — | — |
| Provision for Income Tax Expense- Unclassified | 41.2 | 22.4 | 19.8 | 7.8 | — | — |
| Income before Taxes | 141.1 | 108.7 | 186.2 | 23.7 | 38.1 | 11.9 |
| Income Taxes | 41.2 | 22.4 | 19.8 | 7.8 | 4.9 | 9.9 |
| Income Taxes for the Year - Current | — | — | — | — | 12.8 | 8.6 |
| Income Taxes - Deferred | — | — | — | — | (3.3) | 0.6 |
| Income Taxes - Other (by Type) | — | — | — | — | (4.6) | 0.7 |
| Net Income after Tax | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| After-Tax Adjustments - Other - Income/(Expense) - Total | — | — | — | — | 0.0 | — |
| Income before Discontinued Operations & Extraordinary Items | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| Net Income before Minority Interest | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| Net Income after Minority Interest | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| Income Available to Common Shares | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| DPS - Common - Gross - Issue - By Period End Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| Income available to Common excluding Extraordinary Items | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| Shares used to calculate Basic EPS - Total mn | 274.3 | 274.3 | 274.3 | 246.9 | 205.7 | 0.6 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 0.36 | 0.31 | 0.61 | 0.06 | 0.16 | 3.51 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 0.36 | 0.31 | 0.61 | 0.06 | 0.16 | 3.51 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 0.36 | 0.32 | 0.27 | 0.06 | 0.16 | 3.51 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| Earnings Allocation Factor - Basic - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | 274.3 | 274.3 | 274.3 | 246.9 | 205.7 | 0.6 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 0.36 | 0.31 | 0.61 | 0.06 | 0.16 | 3.51 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 0.36 | 0.31 | 0.61 | 0.06 | 0.16 | 3.51 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 0.36 | 0.32 | 0.27 | 0.06 | 0.16 | 3.51 |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| Diluted Income available to Common excluding Extraordinary Items | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| Shares used to calculate Diluted EPS - Total mn | 274.3 | 274.3 | 274.3 | 246.9 | 205.7 | 0.6 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 0.36 | 0.31 | 0.61 | 0.06 | 0.16 | 3.51 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 0.36 | 0.31 | 0.61 | 0.06 | 0.16 | 3.51 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 0.36 | 0.32 | 0.27 | 0.06 | 0.16 | 3.51 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 99.9 | 86.4 | 166.4 | 15.9 | 33.2 | 2.0 |
| Earnings Allocation Factor - Diluted - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 274.3 | 274.3 | 274.3 | 246.9 | 205.7 | 0.6 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 0.36 | 0.31 | 0.61 | 0.06 | 0.16 | 3.51 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 0.36 | 0.31 | 0.61 | 0.06 | 0.16 | 3.51 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 0.36 | 0.32 | 0.27 | 0.06 | 0.16 | 3.51 |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 177.8 | 126.0 | 75.6 | 14.7 | 47.0 | (17.0) |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 246.8 | 185.4 | 125.1 | 59.0 | 79.6 | (4.6) |
| Depreciation & Amortization - Supplemental | 68.9 | 59.4 | 49.5 | 43.0 | 32.6 | 12.3 |
| Depreciation Expense - Total - Supplemental | 61.9 | 55.4 | 45.7 | 43.0 | 32.6 | 10.6 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | 24.5 | 23.9 | 21.9 | 24.4 | 22.1 | — |
| Amortization - Total - Supplemental | 7.0 | 4.1 | 3.8 | — | 0.0 | 1.7 |
| Depreciation, Depletion & Amortization - Total | 68.9 | 59.4 | 49.5 | 44.3 | 32.6 | 12.3 |
| Depreciation - Total | 61.9 | 55.4 | 45.7 | 43.0 | 32.6 | 10.6 |
| Amortization of Intangible Assets excluding Goodwill - Total | 7.0 | 4.1 | 3.8 | 1.3 | 0.0 | 1.7 |
| Normalized after Tax Profit | 99.9 | 87.4 | 75.1 | 15.9 | 33.2 | 2.0 |
| Normalized Net Income from Continuing Operations | 99.9 | 87.4 | 75.1 | 15.9 | 33.2 | 2.0 |
| Normalized Net Income - Bottom Line | 99.9 | 87.4 | 75.1 | 15.9 | 33.2 | 2.0 |
| Earnings before Interest & Taxes (EBIT) - Normalized | 175.8 | 130.1 | 82.9 | 31.1 | 50.3 | 22.1 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 244.7 | 189.6 | 132.4 | 75.4 | 82.9 | 34.4 |
| Depreciation of Financial Lease Right-of-Use Assets | 24.5 | 23.9 | 21.9 | — | — | — |
| Interest Expense on Financial Lease Liabilities - Supplemental | 17.3 | 15.2 | 4.7 | 6.9 | 6.7 | 0.0 |
| Interest Expense | 41.1 | 34.3 | 5.6 | 7.3 | 12.1 | 10.3 |
| Operating Expenses | 1,164.9 | 1,227.2 | 174.2 | 136.2 | 110.5 | 86.0 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 337.8 | 317.7 | 174.2 | 136.2 | 110.5 | 86.0 |
| Income before Taxes & Provision for Loan Losses | 141.1 | 108.7 | 186.2 | 23.7 | 38.1 | 11.9 |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | 827.0 | 909.5 | — | — | — | — |
| Cost of Revenues excluding Depreciation | 820.7 | 908.9 | — | — | — | — |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | 129.0 | 113.6 | 171.4 | 20.9 | 43.8 | 3.7 |
| Operating Expenses excluding Non-Cash Charges - Total | 1,096.0 | 1,167.8 | 124.6 | 91.9 | 77.9 | 73.7 |
| Income Available to Common Shares before Depreciation & Amortization | 168.9 | 145.8 | 215.9 | 60.3 | 65.8 | 14.3 |
| Fixed Charges | 41.1 | 34.3 | 5.6 | 7.3 | 12.1 | 10.3 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× | 0.35× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 6 periods; the table above goes back further.