Income Statement Olympic Accessories Limited

Stocks

OAL

BD0239OAL009

Non-Paper Containers & Packaging

End-of-day quote Dhaka S.E. 2026-10-01			5-day change	1st Jan Change
5.900 ^BDT	0.00%		-4.84%	+7.27%

06-25	Olympic Accessories Limited Announces Change of Office Address	CI
01-27	Olympic Accessories Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2025	CI

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Published financial data: OLYMPIC ACCESSORIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021 (BDT)	2022 (BDT)	2023 (BDT)	2024 (BDT)	2025 (BDT)
Revenues	431M	457M	73.28M	19.88M	22.47M
Total Revenues	431M	457M	73.28M	19.88M	22.47M
Cost of Goods Sold, Total	427M	455M	164M	103M	98.17M
Gross Profit	4.59M	1.52M	-90.61M	-83.14M	-75.7M
Selling General & Admin Expenses, Total	30M	21.77M	269M	11.78M	13.27M
Other Operating Expenses, Total	30M	21.77M	269M	11.78M	13.27M
Operating Income	-25.41M	-20.26M	-360M	-94.93M	-88.97M
Interest Expense, Total	-17.49M	-18.46M	-26.74M	-41.1M	-32.77M
Interest And Investment Income	323K	558K	509K	662K	1.06M
Net Interest Expenses	-17.16M	-17.9M	-26.23M	-40.44M	-31.7M
Currency Exchange Gains (Loss)	-101K	2.69M	3.94M	550K	402K
Other Non Operating Income (Expenses)	-347K	1.9M	1.73M	3.19M	1.91M
EBT, Excl. Unusual Items	-43.02M	-33.56M	-381M	-132M	-118M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-43.02M	-33.56M	-381M	-132M	-118M
Income Tax Expense	13.15M	-1.84M	13.89M	5.29M	8.22M
Earnings From Continuing Operations	-56.17M	-31.72M	-394M	-137M	-127M
Net Income to Company	-56.17M	-31.72M	-394M	-137M	-127M
Net Income - (IS)	-56.17M	-31.72M	-394M	-137M	-127M
Net Income to Common Incl Extra Items	-56.17M	-31.72M	-394M	-137M	-127M
Net Income to Common Excl. Extra Items	-56.17M	-31.72M	-394M	-137M	-127M
Per Share Items
Net EPS - Basic	-0.33	-0.19	-2.33	-0.81	-0.75
Basic EPS - Continuing Operations	-0.33	-0.19	-2.33	-0.81	-0.75
Basic Weighted Average Shares Outstanding	170M	170M	170M	170M	170M
Net EPS - Diluted	-0.33	-0.19	-2.33	-0.81	-0.75
Diluted EPS - Continuing Operations	-0.33	-0.19	-2.33	-0.81	-0.75
Diluted Weighted Average Shares Outstanding	170M	170M	170M	170M	170M
Normalized Basic EPS	-0.16	-0.12	-1.4	-0.49	-0.44
Normalized Diluted EPS	-0.16	-0.12	-1.4	-0.49	-0.44
Dividend Per Share	0.1	-	-	-	-
Payout Ratio	-4.26	-42.63	-0.01	-0	-0.01
Supplemental Items
EBITDA	56.03M	59.01M	-285M	-15.86M	-15.7M
EBITA	-25.41M	-20.26M	-360M	-94.93M	-88.97M
EBIT	-25.41M	-20.26M	-360M	-94.93M	-88.97M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	-30.57	5.49	-3.65	-4.02	-6.94
Current Domestic Taxes	2.66M	4.02M	1.76M	991K	-
Total Current Taxes	2.66M	4.02M	1.76M	991K	816K
Deferred Domestic Taxes	10.49M	-5.86M	12.13M	4.3M	-
Total Deferred Taxes	10.49M	-5.86M	12.13M	4.3M	7.4M
Normalized Net Income	-26.89M	-20.98M	-238M	-82.27M	-73.97M
Interest on Long-Term Debt	332K	275K	210K	138K	55.82K
Supplemental Operating Expense Items
Marketing Expenses	676K	880K	205K	116K	89.83K
Selling and Marketing Expenses	8.08M	7.01M	4.45M	2.02M	1.75M
General and Administrative Expenses	21.92M	14.77M	265M	9.76M	11.52M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	-	652K	204K	40.02K	24.03K

Fiscal Period: June	2021 (BDT)	2022 (BDT)	2023 (BDT)	2024 (BDT)	2025 (BDT)
Assets
Cash And Equivalents	7.96M	5.82M	7.52M	3.75M	897K
Short Term Investments	11.04M	10.96M	11.37M	11.71M	11.69M
Total Cash And Short Term Investments	19M	16.78M	18.89M	15.46M	12.59M
Accounts Receivable, Total	324M	361M	318M	318M	307M
Other Receivables	767K	2.15M	1.41M	450K	2.06M
Total Receivables	325M	363M	320M	318M	309M
Inventory	311M	298M	74.43M	56.27M	37.76M
Prepaid Expenses	465K	137K	119K	-	-
Other Current Assets, Total	145M	150M	127M	119M	115M
Total Current Assets	800M	828M	540M	509M	474M
Gross Property Plant And Equipment	2.31B	2.31B	2.58B	2.58B	2.58B
Accumulated Depreciation	-579M	-658M	-733M	-812M	-886M
Net Property Plant And Equipment	1.73B	1.65B	1.85B	1.77B	1.7B
Other Long-Term Assets, Total	-	-	-1	-1	-
Total Assets	2.53B	2.48B	2.39B	2.28B	2.17B
Liabilities
Accounts Payable, Total	2.15M	2.5M	5.16M	6.26M	6.15M
Accrued Expenses, Total	1.7M	2.72M	95.44M	95.02M	95.15M
Short-term Borrowings	114M	113M	315M	339M	-
Current Portion of Long-Term Debt	-	-	-	-	62.15M
Current Portion of Leases	508K	572K	645K	726K	64.54K
Current Income Taxes Payable	5.62M	6.03M	4.9M	3.96M	1.85M
Other Current Liabilities	4.63M	3.69M	3.66M	3.66M	3.65M
Total Current Liabilities	128M	129M	425M	448M	169M
Long-Term Debt	-	-	-	-	290M
Long-Term Leases	2.01M	2.76M	1.22M	64.54K	-
Unearned Revenue Non Current	2.5M	2.5M	-	-	-
Deferred Tax Liability Non Current	82.57M	76.71M	88.83M	93.13M	101M
Other Non Current Liabilities	-	-	1	-2	-
Total Liabilities	215M	211M	515M	542M	560M
Common Stock, Total	1.7B	1.7B	1.7B	1.7B	1.7B
Retained Earnings	617M	573M	179M	41.75M	-84.83M
Total Common Equity	2.31B	2.27B	1.87B	1.74B	1.61B
Total Equity	2.31B	2.27B	1.87B	1.74B	1.61B
Total Liabilities And Equity	2.53B	2.48B	2.39B	2.28B	2.17B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	170M	170M	170M	170M	170M
ECS Total Common Shares Outstanding	170M	170M	170M	170M	170M
Book Value / Share	13.64	13.38	11.05	10.25	9.5
Tangible Book Value	2.31B	2.27B	1.87B	1.74B	1.61B
Tangible Book Value Per Share	13.64	13.38	11.05	10.25	9.5
Total Debt	116M	116M	317M	339M	352M
Net Debt	97.29M	99.7M	298M	324M	340M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	143M	154M	71.94M	54.48M	36.6M
Inventories - Work In Process, Total	20.91M	16.16M	732K	1.12M	665K
Inventories - Finished Goods, Total	147M	127M	1.62M	536K	370K
Inventories - Others	268K	226K	137K	134K	134K
Land - (BS)	174M	174M	174M	174M	174M
Buildings, Total	806M	806M	1.3B	1.3B	1.3B
Machinery, Total	1.1B	1.1B	1.1B	1.1B	1.1B
Full Time Employees	170	161	81	41	44

Fiscal Period: June	2021 (BDT)	2022 (BDT)	2023 (BDT)	2024 (BDT)	2025 (BDT)
Net Income	-56.17M	-31.72M	-394M	-137M	-127M
Depreciation & Amortization - CF	81.88M	79.71M	75.65M	79.51M	73.71M
Depreciation & Amortization, Total	81.88M	79.71M	75.65M	79.51M	73.71M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Other Operating Activities, Total	11.45M	-5.12M	9.65M	5.75M	7M
Change In Accounts Receivable	-25.85M	-38.13M	43.12M	1.46M	9.36M
Change In Inventories	38.66M	13.19M	224M	18.15M	18.51M
Change In Accounts Payable	818K	340K	167K	1.09M	-106K
Change in Other Net Operating Assets	-25.16M	-3.94M	117M	5.45M	2.48M
Cash from Operations	25.62M	14.33M	74.88M	-25.5M	-15.63M
Capital Expenditure	-	-2.95M	-273M	-	-
Sale of Property, Plant, and Equipment	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-5.45M	81.12K	-408K	-344K	20.18K
Cash from Investing	-5.45M	-2.86M	-274M	-344K	20.18K
Short Term Debt Issued, Total	-	-	202M	23.29M	13.54M
Long-Term Debt Issued, Total	-	1.33M	-	-	-
Total Debt Issued	-	1.33M	202M	23.29M	13.54M
Short Term Debt Repaid, Total	-23.02M	-626K	-	-	-
Long-Term Debt Repaid, Total	-782K	-782K	-1.68M	-1.22M	-782K
Total Debt Repaid	-23.8M	-1.41M	-1.68M	-1.22M	-782K
Common Dividends Paid	-2.39M	-13.52M	-27.82K	-1.08K	-11.16K
Common & Preferred Stock Dividends Paid	-2.39M	-13.52M	-27.82K	-1.08K	-11.16K
Other Financing Activities, Total	-1	-	-	-	-1
Cash from Financing	-26.19M	-13.6M	201M	22.07M	12.75M
Foreign Exchange Rate Adjustments	26.18K	489	324	156	199
Miscellaneous Cash Flow Adjustments	-	-	2	-2	3
Net Change in Cash	-6M	-2.14M	1.7M	-3.77M	-2.86M
Supplemental Items
Cash Interest Paid	20.23M	19.01M	27.54M	40.97M	32.72M
Cash Income Tax Paid (Refund)	2.01M	3.56M	4.45M	-320K	1.28M
Levered Free Cash Flow	41.79M	23.55M	-57.83M	21.96M	27.4M
Unlevered Free Cash Flow	52.72M	35.09M	-41.12M	47.65M	47.88M
Change In Net Working Capital	13.27M	29.02M	-382M	-27.47M	-29.77M
Net Debt Issued / Repaid	-23.8M	-80.65K	201M	22.07M	12.76M

Fiscal Period: June	2021 (BDT)	2022 (BDT)	2023 (BDT)	2024 (BDT)	2025 (BDT)
Profitability
Return on Assets	-0.62	-0.51	-9.24	-2.54	-2.5
Return on Total Capital	-0.64	-0.53	-9.83	-2.78	-2.75
Return On Equity %	-2.4	-1.38	-19.05	-7.58	-7.56
Return on Common Equity	-2.4	-1.38	-19.05	-7.58	-7.56
Margin Analysis
Gross Profit Margin %	1.06	0.33	-123.65	-418.19	-336.91
SG&A Margin	6.95	4.77	367.69	59.26	59.05
EBITDA Margin %	12.99	12.92	-388.71	-79.76	-69.85
EBITA Margin %	-5.89	-4.44	-491.34	-477.45	-395.96
EBIT Margin %	-5.89	-4.44	-491.34	-477.45	-395.96
Income From Continuing Operations Margin %	-13.02	-6.94	-538.36	-688.65	-563.33
Net Income Margin %	-13.02	-6.94	-538.36	-688.65	-563.33
Net Avail. For Common Margin %	-13.02	-6.94	-538.36	-688.65	-563.33
Normalized Net Income Margin	-6.23	-4.59	-324.63	-413.78	-329.23
Levered Free Cash Flow Margin	9.69	5.16	-78.92	110.47	121.94
Unlevered Free Cash Flow Margin	12.22	7.68	-56.11	239.68	213.09
Asset Turnover
Asset Turnover	0.17	0.18	0.03	0.01	0.01
Fixed Assets Turnover	0.24	0.27	0.04	0.01	0.01
Receivables Turnover (Average Receivables)	1.39	1.33	0.22	0.06	0.07
Inventory Turnover (Average Inventory)	1.29	1.49	0.88	1.58	2.09
Short Term Liquidity
Current Ratio	6.23	6.44	1.27	1.14	2.81
Quick Ratio	2.68	2.95	0.8	0.74	1.9
Operating Cash Flow to Current Liabilities	0.2	0.11	0.18	-0.06	-0.09
Days Sales Outstanding (Average Receivables)	262.97	273.48	1.69K	5.85K	5.07K
Days Outstanding Inventory (Average Inventory)	282.66	244.21	414.76	232.15	174.81
Average Days Payable Outstanding	1.64	1.92	-31.04	24.62	28.42
Cash Conversion Cycle (Average Days)	544	515.77	2.14K	6.06K	5.22K
Long Term Solvency
Total Debt/Equity	5.03	5.13	16.93	19.54	21.88
Total Debt / Total Capital	4.79	4.88	14.48	16.35	17.95
LT Debt/Equity	0.09	0.12	0.07	0	18.01
Long-Term Debt / Total Capital	0.08	0.12	0.06	0	14.78
Total Liabilities / Total Assets	8.52	8.5	21.57	23.77	25.79
EBIT / Interest Expense	-1.45	-1.1	-13.46	-2.31	-2.72
EBITDA / Interest Expense	3.23	3.22	-10.63	-0.38	-0.47
(EBITDA - Capex) / Interest Expense	3.23	3.06	-20.86	-0.38	-0.47
Total Debt / EBITDA	2.06	1.96	-1.12	-22.02	-23.09
Net Debt / EBITDA	1.72	1.68	-1.05	-21.02	-22.27
Total Debt / (EBITDA - Capex)	2.06	2.06	-0.57	-22.02	-23.09
Net Debt / (EBITDA - Capex)	1.72	1.76	-0.54	-21.02	-22.27
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.95	5.88	-83.96	-72.87	13.01
Gross Profit, 1 Yr. Growth %	5.68	-66.66	-6.08K	-8.24	-8.95
EBITDA, 1 Yr. Growth %	9.36	5.33	-582.64	-94.43	-1.02
EBITA, 1 Yr. Growth %	-0.6	-20.26	1.68K	-73.63	-6.28
EBIT, 1 Yr. Growth %	-0.6	-20.26	1.68K	-73.63	-6.28
Earnings From Cont. Operations, 1 Yr. Growth %	-35.82	-43.53	1.14K	-65.29	-7.55
Net Income, 1 Yr. Growth %	-35.82	-43.53	1.14K	-65.29	-7.55
Normalized Net Income, 1 Yr. Growth %	-0.39	-21.98	1.03K	-65.42	-10.08
Diluted EPS Before Extra, 1 Yr. Growth %	-35.82	-43.53	1.14K	-65.29	-7.55
Accounts Receivable, 1 Yr. Growth %	8.77	11.34	-11.75	-0.16	-3.45
Inventory, 1 Yr. Growth %	-11.05	-4.24	-75.03	-24.39	-32.89
Net Property, Plant and Equip., 1 Yr. Growth %	-4.41	-4.44	11.97	-4.3	-4.17
Total Assets, 1 Yr. Growth %	-2.78	-1.94	-3.62	-4.63	-4.76
Tangible Book Value, 1 Yr. Growth %	-2.4	-1.92	-17.39	-7.31	-7.29
Common Equity, 1 Yr. Growth %	-2.4	-1.92	-17.39	-7.31	-7.29
Cash From Operations, 1 Yr. Growth %	-87.75	-44.07	422.59	-134.05	-38.71
Capital Expenditures, 1 Yr. Growth %	-	-	9.18K	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-430.65	-43.65	-323.94	-137.98	24.74
Unlevered Free Cash Flow, 1 Yr. Growth %	5.5K	-33.45	-210.06	-215.9	0.47
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-37.48	6.42	-58.79	-79.14	-44.63
Gross Profit, 2 Yr. CAGR %	-83.38	-40.93	346.44	640.7	-8.59
EBITDA, 2 Yr. CAGR %	-47.33	7.33	125.47	-48.16	-76.53
EBITA, 2 Yr. CAGR %	-55.95	-10.97	276.44	116.46	-50.29
EBIT, 2 Yr. CAGR %	-55.95	-10.97	276.44	116.46	-50.29
Earnings From Cont. Operations, 2 Yr. CAGR %	-23.77	-39.8	165.01	107.75	-43.36
Net Income, 2 Yr. CAGR %	-23.77	-39.8	165.01	107.75	-43.36
Normalized Net Income, 2 Yr. CAGR %	-40.58	-11.84	197.44	98.03	-44.23
Diluted EPS Before Extra, 2 Yr. CAGR %	-23.77	-39.8	165.01	107.75	-43.36
Accounts Receivable, 2 Yr. CAGR %	-18.2	10.05	-0.87	-6.13	-1.82
Inventory, 2 Yr. CAGR %	-10.19	-7.71	-51.1	-56.55	-28.77
Net Property, Plant and Equip., 2 Yr. CAGR %	1.59	-4.42	3.44	3.52	-4.23
Total Assets, 2 Yr. CAGR %	-2.56	-2.36	-2.79	-4.13	-4.7
Tangible Book Value, 2 Yr. CAGR %	-3.51	-2.16	-9.98	-12.49	-7.3
Common Equity, 2 Yr. CAGR %	-3.51	-2.16	-9.98	-12.49	-7.3
Cash From Operations, 2 Yr. CAGR %	-71.68	-73.82	70.96	33.4	-54.32
Capital Expenditures, 2 Yr. CAGR %	-	-88.93	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-40.13	36.5	17.63	-7.77	-31.17
Unlevered Free Cash Flow, 2 Yr. CAGR %	-30.42	510.46	-11.69	12.94	7.91
Dividend Per Share, 2 Yr. CAGR %	-29.29	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-31.75	-25.48	-43.36	-64.15	-63.36
Gross Profit, 3 Yr. CAGR %	-73.07	-79.11	175.28	163.47	268.29
EBITDA, 3 Yr. CAGR %	-40.04	-33.64	77.15	-34.34	-35.69
EBITA, 3 Yr. CAGR %	-49.45	-46.31	141.51	55.17	63.76
EBIT, 3 Yr. CAGR %	-49.45	-46.31	141.51	55.17	63.76
Earnings From Cont. Operations, 3 Yr. CAGR %	-22.38	-31.02	65.19	34.58	58.61
Net Income, 3 Yr. CAGR %	-22.38	-31.02	65.19	34.58	58.61
Normalized Net Income, 3 Yr. CAGR %	-37.37	-34.93	106.55	45.18	52.21
Diluted EPS Before Extra, 3 Yr. CAGR %	-22.38	-31.02	65.19	34.58	58.61
Accounts Receivable, 3 Yr. CAGR %	-15.43	-9.35	2.24	-0.64	-5.25
Inventory, 3 Yr. CAGR %	-12.99	-8.25	-40.3	-43.45	-49.77
Net Property, Plant and Equip., 3 Yr. CAGR %	8.24	-0.46	0.76	0.79	0.89
Total Assets, 3 Yr. CAGR %	0.45	-2.36	-2.78	-3.41	-4.34
Tangible Book Value, 3 Yr. CAGR %	-1.05	-2.98	-7.52	-9.1	-10.79
Common Equity, 3 Yr. CAGR %	-1.05	-2.98	-7.52	-9.1	-10.79
Cash From Operations, 3 Yr. CAGR %	-54.99	-64.47	-28.98	-0.16	2.93
Capital Expenditures, 3 Yr. CAGR %	-	-80.43	4.36	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-15.38	-41.33	66.01	-19.3	1.99
Unlevered Free Cash Flow, 3 Yr. CAGR %	-0.88	-31.45	252.15	-3.31	8.62
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-22.2	-20.79	-44.22	-55.22	-43.87
Gross Profit, 5 Yr. CAGR %	-57.39	-65.47	-17.35	-12.94	77.11
EBITDA, 5 Yr. CAGR %	-29.93	-28.72	1.85	-39.88	-21.07
EBITA, 5 Yr. CAGR %	-37.49	-39.97	12.86	-6.23	28.33
EBIT, 5 Yr. CAGR %	-37.49	-39.97	12.86	-6.23	28.33
Earnings From Cont. Operations, 5 Yr. CAGR %	-20.4	-29.19	26.85	7.21	7.66
Net Income, 5 Yr. CAGR %	-20.4	-29.19	26.85	7.21	7.66
Normalized Net Income, 5 Yr. CAGR %	-28.93	-32.4	16.8	1.56	22.34
Diluted EPS Before Extra, 5 Yr. CAGR %	-20.4	-29.19	26.85	7.21	7.66
Accounts Receivable, 5 Yr. CAGR %	-10.48	-9.65	-9.88	-8.08	0.6
Inventory, 5 Yr. CAGR %	-6.85	-8.94	-30.9	-31.96	-35.93
Net Property, Plant and Equip., 5 Yr. CAGR %	10.01	7.07	6.3	1.11	-1.27
Total Assets, 5 Yr. CAGR %	2.97	1.02	-0.86	-3.07	-3.55
Tangible Book Value, 5 Yr. CAGR %	2.05	0.01	-4.73	-6.9	-7.43
Common Equity, 5 Yr. CAGR %	2.05	0.01	-4.73	-6.9	-7.43
Cash From Operations, 5 Yr. CAGR %	-24.13	-38.91	-23.24	-39.68	-40.47
Capital Expenditures, 5 Yr. CAGR %	-	-56.88	-1.45	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-33.57	-25.12	-3.46	-28.39	16.73
Unlevered Free Cash Flow, 5 Yr. CAGR %	-29.45	-15.55	-5.35	-15.24	119.41