The Heavitree Brewery Income Statement

Financials in millions GBP. Fiscal year is November - October.

Millions GBP. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Revenue	7.63	7.5	7.35	7.28	4.62
Revenue Growth (YoY)	1.73%	2.07%	0.91%	57.64%	-7.99%
Cost of Revenue	4.66	4.49	4.47	4.46	3.26
Gross Profit	2.97	3.01	2.87	2.82	1.36
Selling, General & Admin	-0.88	-	-	-	-
Other Operating Expenses	1.42	1.37	1.58	1.17	1.29
Operating Expenses	0.72	1.59	1.82	1.4	1.47
Operating Income	2.25	1.42	1.05	1.42	-0.11
Interest Expense	-0.13	-0.2	-0.17	-0.12	-0.15
Interest & Investment Income	0.04	0.03	0.03	-	-
EBT Excluding Unusual Items	2.16	1.25	0.92	1.31	-0.25
Gain (Loss) on Sale of Assets	1.06	0.31	1.07	0.97	1.32
Asset Writedown	-0.2	-	-0.15	-	-
Other Unusual Items	-	-	-	-	0.05
Pretax Income	3.02	1.56	1.84	2.27	1.11
Income Tax Expense	0.4	0.24	0.33	0.31	0.31
Net Income	2.62	1.32	1.51	1.97	0.8
Net Income to Common	2.62	1.32	1.51	1.97	0.8
Net Income Growth	98.94%	-12.77%	-23.18%	145.57%	602.63%
Shares Outstanding (Basic)	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5
Shares Change (YoY)	-0.04%	-	0.12%	0.21%	0.48%
EPS (Basic)	0.54	0.27	0.31	0.41	0.17
EPS (Diluted)	0.54	0.27	0.31	0.41	0.17
EPS Growth	99.25%	-12.54%	-23.57%	145.13%	599.10%
Free Cash Flow	0.5	0.14	-0.94	1.51	-0.72
Free Cash Flow Per Share	0.10	0.03	-0.20	0.31	-0.15
Dividend Per Share	0.066	0.061	0.055	0.035	-
Dividend Growth	8.20%	10.91%	57.14%	-	-
Gross Margin	38.96%	40.16%	39.10%	38.78%	29.45%
Operating Margin	29.55%	18.99%	14.35%	19.53%	-2.36%
Profit Margin	34.37%	17.58%	20.57%	27.02%	17.34%
Free Cash Flow Margin	6.61%	1.92%	-12.82%	20.67%	-15.50%
EBITDA	2.38	1.65	1.29	1.64	0.06
EBITDA Margin	31.25%	21.95%	17.56%	22.50%	1.21%
D&A For EBITDA	0.13	0.22	0.24	0.22	0.17
EBIT	2.25	1.42	1.05	1.42	-0.11
EBIT Margin	29.55%	18.99%	14.35%	19.53%	-2.36%
Effective Tax Rate	13.12%	15.51%	17.79%	13.46%	28.10%