Lulu Retail Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,621	7,278	6,894	6,312
Revenue Growth (YoY)	4.71%	5.57%	9.21%	-
Cost of Revenue	5,856	5,637	5,376	4,942
Gross Profit	1,765	1,641	1,517	1,370
Selling, General & Admin	1,657	1,109	1,058	978.48
Other Operating Expenses	-299.87	-221.41	-243.04	-219.33
Operating Expenses	1,357	1,304	1,220	1,147
Operating Income	407.96	336.76	297.79	223.03
Interest Expense	-169.38	-258.18	-232.98	-173.16
Interest & Investment Income	-	117.08	0.3	0.32
Other Non Operating Income (Expenses)	-	-12.3	-14.28	-15.74
EBT Excluding Unusual Items	238.58	183.35	50.83	34.46
Gain (Loss) on Sale of Assets	-	-	0.14	1.32
Other Unusual Items	-	31.36	0.12	0.2
Pretax Income	238.58	214.72	51.08	35.98
Income Tax Expense	22.3	22.67	14.91	12.18
Earnings From Continuing Operations	216.28	192.04	36.17	23.81
Earnings From Discontinued Operations	32.92	29.72	-22.12	-16.25
Net Income	249.2	221.77	14.05	7.55
Net Income to Common	249.2	221.77	14.05	7.55
Net Income Growth	12.37%	1478.07%	86.03%	-
Shares Outstanding (Basic)	10,329	10,329	10,329	10,329
Shares Outstanding (Diluted)	10,329	10,329	10,329	10,329
Shares Change (YoY)	0.00%	-	-	-
EPS (Basic)	0.02	0.02	0.00	0.00
EPS (Diluted)	0.02	0.02	0.00	0.00
EPS Growth	12.37%	1478.68%	86.05%	-
Free Cash Flow	358.13	-15.72	40.13	238.18
Free Cash Flow Per Share	0.03	-0.00	0.00	0.02
Dividend Per Share	0.008	-	-	-
Gross Margin	23.16%	22.54%	22.01%	21.71%
Operating Margin	5.35%	4.63%	4.32%	3.53%
Profit Margin	3.27%	3.05%	0.20%	0.12%
Free Cash Flow Margin	4.70%	-0.22%	0.58%	3.77%
EBITDA	570.64	493.53	448.39	374.33
EBITDA Margin	7.49%	6.78%	6.50%	5.93%
D&A For EBITDA	162.69	156.78	150.6	151.3
EBIT	407.96	336.76	297.79	223.03
EBIT Margin	5.35%	4.63%	4.32%	3.53%
Effective Tax Rate	9.35%	10.56%	29.19%	33.84%
Advertising Expenses	-	44.83	49.58	44.64

Source: S&P Capital IQ. Standard template. Financial Sources.