Australian Foundation Investment Company Limited (ASX: AFI)

AFI Income Statement

Financials in millions AUD. Fiscal year is July - June.

Year	2023	2022	2021	2020	2019
Revenue	348.74	393.21	263.46	272.96	435.84
Revenue Growth (YoY)	-11.31%	49.25%	-3.48%	-37.37%	41.56%
Cost of Revenue	-1.27	-0.85	-1.83	-1.09	-0.83
Gross Profit	350.01	394.05	265.29	274.05	436.67
Selling, General & Admin	17.99	19.17	15.51	14.76	14.31
Other Operating Expenses	0	0	0	0.04	0
Operating Expenses	17.99	19.16	15.51	14.76	14.31
Operating Income	332.02	374.89	249.78	259.29	422.36
Interest Income	3.71	0.06	0.12	1.55	3.62
Interest Expense	1.27	0.85	1.83	1.05	0.83
Other Expense / Income	4.16	0.08	0.56	2.02	4.06
Pretax Income	330.76	374.04	247.95	258.24	421.53
Income Tax	20.54	13.49	12.86	17.85	15.16
Net Income	309.76	360.54	234.65	239.93	405.93
Net Income Growth	-14.08%	53.65%	-2.20%	-40.89%	45.65%
Shares Outstanding (Basic)	1,236	1,226	1,217	1,207	1,194
Shares Outstanding (Diluted)	1,236	1,226	1,217	1,207	1,194
Shares Change	0.80%	0.77%	0.86%	1.08%	0.96%
EPS (Basic)	0.25	0.29	0.19	0.20	0.34
EPS (Diluted)	0.25	0.29	0.19	0.20	0.34
EPS Growth	-13.79%	52.63%	-5.00%	-41.18%	41.67%
Free Cash Flow	317.68	277.77	178.77	254.64	351.76
Free Cash Flow Per Share	0.26	0.23	0.15	0.21	0.29
Gross Margin	100.36%	100.21%	100.69%	100.40%	100.19%
Operating Margin	95.21%	95.34%	94.81%	94.99%	96.91%
Profit Margin	88.82%	91.69%	89.06%	87.90%	93.14%
Free Cash Flow Margin	91.09%	70.64%	67.85%	93.29%	80.71%
Effective Tax Rate	6.21%	3.61%	5.19%	6.91%	3.60%
EBITDA	-2.98	-1.71	-4.11	-2.56	-2.09
EBITDA Margin	-0.85%	-0.43%	-1.56%	-0.94%	-0.48%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.