DSE : FAREASTFIN
Fareast Finance & Investment Limited — Financial statements
Miscellaneous business Credit Institutions · Bangladesh
Last price 2.1 BDT (At close: Aug 10, 2026) · Market cap 344.53M
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Financial statements
Income statement
Fiscal year January - December; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|
| Interest and Dividend Income | 203.71M | 201.84M | 144.85M | 106.88M | 791.10M | 772.44M |
| Total Interest Expense | 863.03M | 829.65M | 670.36M | 716.27M | 833.26M | 1.01B |
| Net Interest Income | -659.32M | -627.81M | -525.50M | -609.39M | -42.16M | -237.18M |
| Other Revenue | -17.67M | -19.60M | -8.50M | -7.16M | -5.76M | -7.65M |
| Revenue Before Loan Losses | -676.99M | -647.41M | -534.00M | -616.55M | -47.92M | -244.83M |
| Provision for Loan Losses | 185.21M | 157.44M | 78.62M | 1.46B | 173.29M | 348.96M |
| Revenue | -862.19M | -804.84M | -612.62M | -2.07B | -221.21M | -593.78M |
| Salaries & Employee Benefits | 21.92M | 21.70M | 20.96M | 21.76M | 37.75M | 51.38M |
| Cost of Services Provided | 13.98M | 18.35M | 16.75M | 14.87M | 26.11M | 41.73M |
| Other Operating Expenses | 4.37M | -7.50M | -816.55K | 5.63M | -1.02M | 5.24M |
| Total Operating Expenses | 40.96M | 33.27M | 37.13M | 43.13M | 67.24M | 105.00M |
| Operating Income | -903.16M | -838.11M | -649.75M | -2.12B | -288.45M | -698.79M |
| EBT Excluding Unusual Items | -903.16M | -838.11M | -975.00M | -2.31B | -302.39M | -698.79M |
| Gain (Loss) on Sale of Investments | 514.03K | -1.96M | -160.25K | 769.86K | 14.99M | -21.93M |
| Other Unusual Items | 95.90K | |||||
| Pretax Income | -902.64M | -840.07M | -974.69M | -2.31B | -284.08M | -718.84M |
| Income Tax Expense | 2.69M | 1.66M | 148.54M | 690.53K | 1.38M | -843.65K |
| Net Income | -905.33M | -841.73M | -1.12B | -2.31B | -285.46M | -718.00M |
| Net Income to Common | -905.33M | -841.73M | -1.12B | -2.31B | -285.46M | -718.00M |
| Shares Outstanding (Basic) | 164.06M | 164.06M | 164.06M | 164.06M | 164.06M | 164.06M |
| Shares Outstanding (Diluted) | 164.06M | 164.06M | 164.06M | 164.06M | 164.06M | 164.06M |
| EPS (Basic) | -5.52 | -5.13 | -6.85 | -14.06 | -1.74 | -4.38 |
| EPS (Diluted) | -5.52 | -5.13 | -6.85 | -14.06 | -1.74 | -4.38 |
| Free Cash Flow | -214.67M | -182.70M | -310.39M | -175.04M | 302.31M | -195.26M |
| Free Cash Flow Per Share | -1.31 | -1.11 | -1.89 | -1.07 | 1.84 | -1.19 |
Balance sheet
Fiscal year January - December; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 670.58M | 867.02M | 895.88M | 792.66M | 825.09M | 543.12M |
| Long-Term Investments | 796.69M | 648.97M | 668.57M | 677.07M | 736.78M | 742.22M |
| Loans & Lease Receivables | 8.70B | 8.74B | 9.00B | 9.44B | 9.41B | 9.08B |
| Other Receivables | 95.79M | 92.04M | 91.96M | 91.92M | 112.43M | 112.32M |
| Property, Plant & Equipment | 2.19M | 2.65M | 1.25M | 848.82K | 4.55M | 10.34M |
| Other Intangible Assets | 7.63K | 24.73K | 47.53K | 70.33K | 29.00 | 29.00 |
| Other Current Assets | 246.59M | 236.90M | 240.59M | 332.63M | 353.85M | 381.99M |
| Long-Term Deferred Tax Assets | 1.50M | 1.49M | 1.50M | 2.60M | 2.35M | 3.17M |
| Other Long-Term Assets | 11.79M | 11.99M | 12.19M | 12.69M | 13.69M | 14.54M |
| Total Assets | 10.53B | 10.60B | 10.91B | 11.35B | 11.46B | 10.88B |
| Interest Bearing Deposits | 4.50B | 4.50B | 4.56B | 4.57B | 4.71B | 4.75B |
| Total Deposits | 4.50B | 4.50B | 4.56B | 4.57B | 4.71B | 4.75B |
| Accrued Expenses | 2.60B | 2.05B | 1.41B | 1.32B | 1.05B | 582.95M |
| Short-Term Debt | 445.36M | 227.90M | 227.90M | 227.90M | 232.90M | 237.70M |
| Current Portion of Long-Term Debt | 2.53B | 2.26B | 1.18B | 1.35B | 1.64B | |
| Long-Term Debt | 3.09B | 802.07M | 1.01B | 2.04B | 1.62B | 1.32B |
| Long-Term Leases | 766.50K | 1.29M | ||||
| Long-Term Unearned Revenue | 23.60M | 23.60M | 24.74M | 25.58M | 27.86M | 29.52M |
| Current Income Taxes Payable | 108.09M | 106.74M | 112.75M | 63.34M | 62.17M | 61.61M |
| Other Current Liabilities | 1.76M | 3.24M | 15.42M | 5.86M | 5.62M | 13.85M |
| Other Long-Term Liabilities | 8.66B | 8.64B | 8.72B | 8.23B | 2.22B | 1.78B |
| Total Liabilities | 19.42B | 18.88B | 18.35B | 17.66B | 11.28B | 10.42B |
| Common Stock | 1.64B | 1.64B | 1.64B | 1.64B | 1.64B | 1.64B |
| Retained Earnings | -10.62B | -10.00B | -9.16B | -8.04B | -1.54B | -1.25B |
| Comprehensive Income & Other | 79.50M | 79.50M | 79.50M | 79.50M | 79.50M | 79.50M |
| Shareholders' Equity | -8.90B | -8.28B | -7.44B | -6.32B | 181.39M | 466.86M |
| Total Liabilities & Equity | 10.53B | 10.60B | 10.91B | 11.35B | 11.46B | 10.88B |
| Total Debt | 3.54B | 3.56B | 3.50B | 3.45B | 3.20B | 3.21B |
| Net Cash (Debt) | -2.87B | -2.69B | -2.61B | -2.66B | -2.37B | -2.66B |
| Net Cash Per Share | -17.47 | -16.39 | -15.89 | -16.21 | -14.47 | -16.23 |
| Filing Date Shares Outstanding | 164.06M | 164.06M | 164.06M | 164.06M | 164.06M | 164.06M |
| Total Common Shares Outstanding | 164.06M | 164.06M | 164.06M | 164.06M | 164.06M | 164.06M |
| Working Capital | 2.07B | 519.15M | 1.64B | 3.28B | 3.30B | 2.82B |
| Book Value Per Share | -54.23 | -50.48 | -45.35 | -38.50 | 1.11 | 2.85 |
| Tangible Book Value | -8.90B | -8.28B | -7.44B | -6.32B | 181.39M | 466.86M |
| Tangible Book Value Per Share | -54.23 | -50.48 | -45.35 | -38.50 | 1.11 | 2.85 |
Cash flow statement
Fiscal year January - December; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|
| Net Income | -905.33M | -841.73M | -1.12B | -2.31B | -285.46M | -718.00M |
| Depreciation & Amortization | 651.91K | 698.27K | 243.35K | 873.38K | 5.46M | 7.71M |
| Other Amortization | 39.90K | 22.80K | ||||
| Loss (Gain) From Sale of Investments | 1.96M | 1.96M | 160.25K | -1.70M | -15.36M | 21.51M |
| Provision for Credit Losses | 157.44M | 157.44M | 78.62M | 1.46B | 173.29M | 348.96M |
| Change in Other Net Operating Assets | 485.93M | 508.10M | 266.59M | 487.34M | 411.49M | 148.59M |
| Other Operating Activities | 44.69M | -7.09M | 467.85M | 187.81M | 12.97M | -3.80M |
| Operating Cash Flow | -214.63M | -180.60M | -309.77M | -174.29M | 302.39M | -195.02M |
| Capital Expenditures | -37.46K | -2.10M | -620.98K | -749.56K | -87.86K | -236.12K |
| Sale of Property, Plant & Equipment | 276.79K | 3.69M | 1.71M | |||
| Investment in Securities | -147.53M | 24.42M | 47.96K | 28.46M | ||
| Investing Cash Flow | -147.57M | -2.10M | -344.19K | 23.67M | 3.65M | 29.94M |
| Long-Term Debt Issued | 184.09M | 589.00M | 400.47M | 46.83M | 321.74M | |
| Long-Term Debt Repaid | -30.25M | -175.66M | -138.85M | -70.89M | -161.40M | |
| Net Debt Issued (Repaid) | 151.19M | 153.83M | 413.34M | 261.62M | -24.07M | 160.34M |
| Financing Cash Flow | 151.19M | 153.83M | 413.34M | 261.62M | -24.07M | 160.34M |
| Net Cash Flow | -211.01M | -28.86M | 103.23M | 111.00M | 281.98M | -4.75M |
| Free Cash Flow | -214.67M | -182.70M | -310.39M | -175.04M | 302.31M | -195.26M |
| Free Cash Flow Per Share | -1.31 | -1.11 | -1.89 | -1.07 | 1.84 | -1.19 |
| Cash Interest Paid | 187.71M | 188.45M | 586.23M | 749.46M | 368.88M | 921.22M |
| Cash Income Tax Paid | 8.74M | 8.74M | 5.94M | 2.04M | 1.28M | 1.89M |
Ratios
Fiscal year January - December; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 344.53M | 557.82M | 967.97M | 1.00B | 689.07M | 508.60M |
| PS Ratio | -0.69 | -1.58 | -0.48 | -3.12 | -0.86 | |
| PB Ratio | -0.07 | -0.13 | -0.16 | 3.80 | 1.09 | |
| P/FCF Ratio | 2.28 | |||||
| P/OCF Ratio | 2.28 | |||||
| Debt / Equity Ratio | -0.40 | -0.43 | -0.47 | -0.55 | 17.64 | 6.87 |
| Debt / FCF Ratio | 10.59 | |||||
| Net Debt / Equity Ratio | -0.32 | -0.33 | -0.35 | -0.42 | 13.09 | 5.70 |
| Net Debt / FCF Ratio | -13.35 | -14.72 | -8.40 | -15.20 | 7.86 | -13.64 |
| Quick Ratio | 1.24 | 1.03 | 1.16 | 1.40 | 1.40 | 1.33 |
| Current Ratio | 1.27 | 1.05 | 1.19 | 1.45 | 1.45 | 1.39 |
| Return on Equity (ROE) | -88.07% | -86.94% | ||||
| Return on Assets (ROA) | -8.49% | -7.83% | -10.09% | -2.56% | -6.32% | |
| Return on Invested Capital (ROIC) | -8.18% | -17.48% | ||||
| Earnings Yield | -262.77% | -150.90% | -116.04% | -230.47% | -41.43% | -141.17% |
| FCF Yield | -62.31% | -32.75% | -32.07% | -17.49% | 43.87% | -38.39% |