+92 (42) 111 940 940 +92 (42) 3545 6957support@octopusdtl.com
The Avanceon Building, 19KM Main Multan Road,
Lahore 54660, Pakistan
03 April 2025
ODL/PSX/R/03042025
The General Manager.
Pakistan Stock Exchange Limited.
Stock Exchange Building, Stock Exchange Road, Karachi.
Subject:
Financial results for the year ended 31 December 2024.
Dear Sir,
We would like to inform you that the Board of Directors of our Company in their meeting held on Friday, 28 March 2025 at 09:30 A.M. at The Avanceon Building, 19-Km, Main Multan Road, Lahore / online recommended the following: -
(i) | CASH DIVIDEND | NIL |
(ii) | BONUS SHARES | NIL |
(iii) | RIGHT SHARES | NIL |
(iv) | ANY OTHER ENTITLEMENT/CORPORATE ACTION | NIL |
(v) | ANY OTHER PRICE-SENSITIVE INFORMATION | NIL |
The financial results of the Company (consolidated and standalone) for the year ended 31 December 2024 are attached.
The Annual General Meeting of the Company will be held on Wednesday, 30 April 2025 at 10:00 A.M. at Lahore.
The share transfer books of the Company will be closed, and no transfer of shares will be accepted for registration from Wednesday, 23 April 2025 to Wednesday, 30 April 2025 (both days inclusive). Transfer received in order at the office of our Registrar, M/s FAMCO Share Registration Services (Pvt) Limited, 8-F, Near Hotel Faran, Nursery, Block-6, P.E.C.H.S, Shahra-e-Faisal, Karachi by the close of business (05:00 PM) on Tuesday, 22 April 2025 will be treated in time for the purpose of attending and vote at the Annual General meeting.
The Annual Report of the Company will be transmitted through PUCARS at least 21 days before holding of Annual General Meeting.
Yours truly,
Ahsan Khalil | Company Secretary
cc:
Director/HOD,
Surveillance, Supervision and Enforcement Department, Securities and Exchange Commission of Pakistan
NIC Building, 63 Jinnah Avenue, Blue Area, Islamabad.
OCTOPUS DIGITAL LIMITED
CONSOLIDATED STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED DECEMBER 31, 2024
2024
2023
Rupees in '000
Revenue
1,266,024
919,672
Cost of revenue
(655,117)
(546,081)
Gross Profit / (Loss)
610,907
373,591
Administrative and selling expenses Other expenses
Other income
Profit from operations
(368,376) (58,691)
31,483
(395,583)
8,018
215,323
381,609
Finance costs
(2,975)
(1,598)
Profit before taxation
212,348
380,011
Taxation
(6,802)
(6,599)
Profit for the period
Combined earnings per share
Basic
205,546
373,412
1.31 2.52
Diluted
1.28 2.50
Chief Executive
Chief Financial Officer
Director
OCTOPUS DIGITAL LIMITED
STATEMENT OF PROFIT OR LOSS
FOR THE YEAR ENDED DECEMBER 31, 2024
2024
2023
Rupees in '000 | |
Revenue | 850,729 |
Cost of revenue | (471,611) |
Gross Profit / (Loss) | 379,118 |
Administrative and selling expenses | (266,630) |
Other expenses | (71,831) |
Other income | 64,028 |
(274,434) | |
Profit from operations | 104,684 |
Finance costs | (3,540) |
Profit before income, final and minimum tax differential | 101,145 |
Levy / final taxation | (1,458) |
Profit before taxation | 99,686 |
Taxation | (7,250) |
Profit for the period | 92,436 |
Combined earnings per share | |
Basic | 0.59 |
Diluted | 0.58 |
903,118
(396,160)
506,958
(267,965)
(47,410)
333,110
17,735
524,693
(1,627)
523,066
(1,649) 521,417
(5,609)
515,808
3.49 3.45
Chief Executive
Chief Financial Officer
Director