Lulu Retail Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,762	7,621	7,278	6,894	6,312
Revenue Growth (YoY)	4.68%	4.71%	5.57%	9.21%	-
Cost of Revenue	6,021	5,899	5,637	5,376	4,942
Gross Profit	1,740	1,722	1,641	1,517	1,370
Selling, General & Admin	1,227	1,208	1,109	1,058	978.48
Other Operating Expenses	-285	-271.63	-221.41	-243.04	-219.33
Operating Expenses	1,321	1,315	1,304	1,220	1,147
Operating Income	419.15	407.18	336.76	297.79	223.03
Interest Expense	-155.85	-157.84	-258.18	-232.98	-173.16
Interest & Investment Income	0.29	0.29	117.08	0.3	0.32
Other Non Operating Income (Expenses)	-11.83	-11.83	-12.3	-14.28	-15.74
EBT Excluding Unusual Items	251.77	237.81	183.35	50.83	34.46
Gain (Loss) on Sale of Assets	0.64	0.64	-	0.14	1.32
Other Unusual Items	0.14	0.14	31.36	0.12	0.2
Pretax Income	252.54	238.58	214.72	51.08	35.98
Income Tax Expense	26.73	22.3	22.67	14.91	12.18
Earnings From Continuing Operations	225.81	216.28	192.04	36.17	23.81
Earnings From Discontinued Operations	-	32.92	29.72	-22.12	-16.25
Net Income	225.81	249.2	221.77	14.05	7.55
Net Income to Common	225.81	249.2	221.77	14.05	7.55
Net Income Growth	-18.91%	12.37%	1478.07%	86.03%	-
Shares Outstanding (Basic)	10,344	10,329	10,329	10,329	10,329
Shares Outstanding (Diluted)	10,344	10,329	10,329	10,329	10,329
EPS (Basic)	0.02	0.02	0.02	0.00	0.00
EPS (Diluted)	0.02	0.02	0.02	0.00	0.00
EPS Growth	-19.00%	12.37%	1478.68%	86.05%	-
Free Cash Flow	398.65	216.42	-15.72	40.13	238.18
Free Cash Flow Per Share	0.04	0.02	-0.00	0.00	0.02
Dividend Per Share	0.008	0.008	-	-	-
Gross Margin	22.42%	22.60%	22.54%	22.01%	21.70%
Operating Margin	5.40%	5.34%	4.63%	4.32%	3.53%
Profit Margin	2.91%	3.27%	3.05%	0.20%	0.12%
Free Cash Flow Margin	5.14%	2.84%	-0.22%	0.58%	3.77%
EBITDA	583.07	570.67	493.53	448.39	374.33
EBITDA Margin	7.51%	7.49%	6.78%	6.50%	5.93%
D&A For EBITDA	163.92	163.48	156.78	150.6	151.3
EBIT	419.15	407.18	336.76	297.79	223.03
EBIT Margin	5.40%	5.34%	4.63%	4.32%	3.53%
Effective Tax Rate	10.59%	9.35%	10.56%	29.19%	33.84%
Advertising Expenses	-	40.36	44.83	49.58	44.64

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.